21.01.21 Tech1 Investments Berlin-based Elinvar closes a €25M round to scale its multi-tenant platform Wealthtech Elinvar has raised €25 million in a funding round led by a London-based multi-asset alternative investment management firm Toscafund Asset Management. Previous investors Ampega Asset Management, finleap and Goldman Sachs also participated in the round, the company said in
21.01.21 Tech1 Investments Lerta raises $2M to develop the virtual power plant Poznań-based Lerta, a company developing modern technological solutions for the energy sector, has raised $2 million. Photon Energy, a global provider of solar power solutions and services, has invested over $1 million and acquired 12% of Lerta’s shares. It is
21.01.21 Tech1 Investments Polish customer service automation solution PAPU.io lands $990k Poznań-based startup PAPU.io has received $990k in a seed round from PKO VC and RKKVC funds, MamStartup writes. Founded in 2018 by CEO Emil Konrad and Michał Strecker, PAPU.io is a POS system that automates processes related to the delivery
20.01.21 Tech1 Investments HiPeople raises $3M in a seed round for its reference checks product Berlin-based HiPeople has closed a $3 million seed round led by Mattias Ljungman’s Moonfire with participation from Capnamic Ventures and Cherry Ventures, TechCrunch reports. HiPeople is HRtech that enables companies to collect in-depth candidate reference checks without any additional manual
20.01.21 Tech1 Investments Real estate investment platform Exporo closes a €16M funding round German startup Exporo has raised €16 million in a round led by Partech with participation from its previous backers e.ventures, HV Holtzbrinck Ventures and Heartcore Capital, EU-Startups writes. Exporo develops an online marketplace that offers real estate projects as an
20.01.21 Tech1 Investments Poland’s Pergamin secures over $800k for its contract automation tool Warsaw-based startup Pergamin has secured more than $800,000 in a seed round from investment company JR Holding and Nunatak Capital fund, MamStartup reports. Founded in 2017, Pergamin enables data-driven contract management. The business tool allows small and medium-sized enterprises to
19.01.21 Tech1 Investments HRtech Personio raises $125M at a valuation of $1.7B The Germany-based startup Personio has received $125 million in a Series D funding round at a valuation of $1.7 billion. The round was co-led by existing investor Index Ventures and new one Meritech Capital. Previous backers Accel, Lightspeed Venture Partners,
19.01.21 Tech1 Investments Food delivery startup Stava completes a share issue and raises over $900k Polish Stava has completed the crowdfunding campaign and raised more than $900,000 by selling its shares to 451 investors. This is less than what the company wanted, as the plan was to receive over $1,1 million, the Stava’s page said.
19.01.21 Tech1 Investments German ERP system developer Xentral closes a $20M Series A round As reported by TechCrunch, Augsburg-based Xentral has secured $20 million in a Series A financing round led by the American VC Sequoia Capital with participation from Visionaires Club. Founded in 2017 by CEO Benedikt Sauter and Claudia Sauter, Xentral develops
18.01.21 Tech1 Investments Warsaw-based startup Vue Storefront receives $1.5M The Polish developer of software for e-commerce Vue Storefront announced the closing of a $1.5 million early-stage round led by SMOK Ventures and Movens VC. Vue Storefront was launched in 2017 as an R&D project of software house Divante. The