# Modus Asset Management funding: rounds and investors

> Modus Asset Management has raised $101M across 3 rounds since 2023. Investors include SEB Bank, Swedbank AS and BNP Paribas. Every round with its source.

Source: https://millionrounds.com/company/modus-asset-management (Millionrounds; every figure on the page links to its filing or article)

Lithuania · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Modus Asset Management*

3 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Asset Management Cleantech Financial Services

Funding summary Updated 26 Oct 2026

**$101M** raised across 3 rounds since 2023, from 4 sources

**$64M** Debt **$15M** Debt **$22M** Debt

- **Latest round:** Debt, $22M Jul 2024
- **Led by:** Swedbank AS
- **Biggest round:** $64M Debt · Jul 2023
- **Step-up i:** 1.4×
- **Investors:** 5 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2024

**$64M** Debt

**$15M** Debt

**$22M** Debt

- **First round:** Debt, $64M
- **Biggest round:** $64M
- **Usual gap between rounds:** 8 months

## The rounds

- **Jul 2024** Debt **$22M** *1 new* [Swedbank AS](https://millionrounds.com/fund/swedbank-as) Lead Reported by Firms' own news pages
- **Nov 2023** Debt **$15M** *1 new* [SEB Bank](https://millionrounds.com/fund/seb-bank) Lead Reported by Firms' own news pages
- **Jul 2023** Debt **$64M** *3 new* [BNP Paribas](https://millionrounds.com/fund/bnp-paribas) [BNP Paribas Bank Polska](https://millionrounds.com/fund/bnp-paribas-bank-polska) [PKO Bank Polski](https://millionrounds.com/fund/pko-bank-polski) Reported by Firms' own news pages and 1 other

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Debt** 2023 **Debt** 2023 **Debt** 2024 [SEB Bank](https://millionrounds.com/fund/seb-bank) L [Swedbank AS](https://millionrounds.com/fund/swedbank-as) L [BNP Paribas](https://millionrounds.com/fund/bnp-paribas) [BNP Paribas Bank Polska](https://millionrounds.com/fund/bnp-paribas-bank-polska) [PKO Bank Polski](https://millionrounds.com/fund/pko-bank-polski)

## Everyone who backed them

[SEB Bank](https://millionrounds.com/fund/seb-bank) Investment firm **1** round, led 1

[Swedbank AS](https://millionrounds.com/fund/swedbank-as) Investment firm **1** round, led 1

[BNP Paribas](https://millionrounds.com/fund/bnp-paribas) VC firm **1** round

[BNP Paribas Bank Polska](https://millionrounds.com/fund/bnp-paribas-bank-polska) Investment firm **1** round

[PKO Bank Polski](https://millionrounds.com/fund/pko-bank-polski) Investment firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=modus-asset-management).

## Quick answers about Modus Asset Management

### Who invested in Modus Asset Management?

Modus Asset Management's investors include SEB Bank, Swedbank AS, BNP Paribas, BNP Paribas Bank Polska and PKO Bank Polski. Swedbank AS led its latest round.

### How much has Modus Asset Management raised?

Modus Asset Management has raised $101M across 3 rounds since 2023.

### When did Modus Asset Management last raise?

Modus Asset Management's most recent round was a Debt of $22M in Jul 2024, led by Swedbank AS.

### What was Modus Asset Management's biggest round?

Modus Asset Management's largest round on record is $64M (Debt), in Jul 2023.

### Who backed Modus Asset Management first?

Modus Asset Management's first round on record, in Jul 2023, was backed by BNP Paribas, BNP Paribas Bank Polska and PKO Bank Polski.

### What stage is Modus Asset Management at?

Modus Asset Management's latest named round is a Debt, in Jul 2024.

### Where is Modus Asset Management based?

Modus Asset Management is based in Lithuania.

### Who led Modus Asset Management's rounds?

SEB Bank led the Debt in 2023; Swedbank AS led the Debt in 2024.

## Companies like Modus Asset Management

In the same sector, and raised in the last eighteen months.

[**Torus** $239M · Sept 2026](https://millionrounds.com/company/torus)[**Axiology** $11M · Feb 2026](https://millionrounds.com/company/axiology)[**Kashimi** $1.4M · Sept 2025](https://millionrounds.com/company/kashimi)[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)

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