+12%

est. 2Y upside i

Climate TechSeries A

Stage: early. Country: Germany

Rank

#1787

Sector

Climate Tech

Est. Liquidity

~1Y

Data Quality

Data: High

The acquisition by Diginex provides a floor value and liquidity, but equity upside is modest (~12% expected) over 2 years, primarily from earnout performance.

Last updated: July 3, 2026

Bull (5%)+43%

Full earnout of €25M achieved, total exit value €80M (~$85.6M). Combined with Diginex stock stability, equity value grows 43% from entry, driven by strong post-acquisition performance.

Base (50%)+21%

Partial earnout (50%) yields total exit of €67.5M (~$72.2M). Modest 21% upside reflecting steady integration and revenue growth.

Bear (45%)-2%

No earnout achieved; exit at base acquisition price €55M (~$58.85M). Common stock value slightly below entry but above preference, resulting in minimal downside.

Est. time to liquidity~1.0 years

Preference Stack Risk

severe

Funding Intensity

6690%

$40M preference on $59.8M entry valuation means common stock only receives value above $40M, with exit at $58.85M leaving ~$18.85M for common.

Dilution Risk

low

No further equity raises expected due to acquisition.

Secondary Liquidity

active

Equity converts to Diginex publicly traded stock, providing immediate liquidity after vesting.

Other — 2 roles

View all 2 open roles at planA →

Last updated: May 18, 2026

Questions to Ask at the Interview

Strategic questions based on planA's data — designed to show you've done your homework.

  • 1

    “How will PlanA's integration with Diginex affect the product roadmap and sales strategy?”

  • 2

    “What is the earnout structure and how does it align with PlanA's growth milestones?”

  • 3

    “What is the vesting schedule and how does equity convert into Diginex stock?”

Community

Valuation Sentiment

Our model estimates +12% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.