Nowadays, many startups trying to expand their business. And for this they need huge amount of money. So, they always trying to seek investment and trying to attract few more investors. Let’s talk about the three startups, which has found millions of investments.
Bayern Kapital invests a low seven digit amount in the Munich Construction Tech startup Reinvent. Other investors include High-Tech Gründerfonds, Foundamental and Astutia Ventures. The company was founded in 2017 by Julian Stieghorst, David Uhde, Christian Brachert and Valentin Rüchardt and offers software that digitizes the entire communication process with trades and customers during construction projects. The new funds will flow into the expansion of the sales structure and the development of new features for the software.
HypoVereinsbank withdraws its holdings from German fintechs. The bank had recently withdrawn its stake in Solarisbank, and MoneyMap now follows with 46%. These are now owned by Finleap, a Berlin based fintech builder, with whom HVB originally set up the contract manager. Finleapes are now well over 90% on the startup.
According to the Financial Times, the multi billion dollar company Scout24, operator of the portals ImmobilienScout24 and AutoScout24, is to be taken over by several financial investors. The value of the company on the stock market is just under 3.9 billion euros. After announcing the possible acquisition, the small cap index MDax rose by up to 17.9 percent to a three-month high of 42.56 euros.
Also published on Medium.