EQT acquires freemium graphics and stock image market, Freepik

by RJ Shara | May 28, 2020 | Fundings and Exit

Freepik, a Malaga-Spain based site which uses a curated freemium market of vector graphics and stock photos fed by a community of contributing designers and photographers, is being gotten by investment and private equity company EQT. The EQT Mid Market Europe fund has participated in a contract to acquire a majority stake of Freepik from […]
Freemium users of the repository can access “thousands” of visual resources, while premium fee-paying users have access to a far broader choice of content and endless downloads. On the supplier side, Freepik has a network of over 450 internal freelancer visual designers in addition to 9,000+ external factors, per its site. EQT said today it will support Freepik’s accelerated development by investing in its proprietary content library, UX and tech platform– consisting of AI and tool integration capabilities., partner at EQT Partners and investment advisor to EQT Mid Market, stated: “We are impressed by Freepik’s achievements and EQT is proud to partner with its co-Founders to assist achieve its complete capacity. …