“The late seed round was funded by investment funds LAUNCHub Ventures, OTB Ventures, Underline Ventures. Existing investors GapMinder Venture Partners and Day One Capital also participated in the round,” the company said.
In September 2020, the start-up had been valued at EUR4.3 million as part of a SeedBlink platform funding. The company did not provide details on the valuation it obtained with the new round.
The start-up plans to use the money to expand into the US market. Along with the funding, the company also announced a name change to Veridion.
(English version by Loredana Fratila-Cristescu)