NavVis raises €7.5 million
Target Partners leads a €7.5 million round of Munich-based NavVis, which visualizes indoor spaces. Besides the new lead investor, business angel Google’s Don Doge joins. Existing investors Bayerische Beteiligungsgesellschaft BayBG, MIG Fonds, former German CEOs from McKinsey and Microsoft Lothar Stein and Jürgen Gallmann also invested.
Six digit figure amount for Math 42
Berlin-based math tutoring app Math 42 receives a six digit investment. Michael Klett and his son David, the people behind German publish house Klett Verlag, invested and received 6.25 per cent of the startup. The rest of the shares belong to the family: Thomas Nitsche, his sons Maxim Nitsche and Raphael Nitsche as well as the stepmother Oxana Nitsche. The app explains difficult math formulas to students.