The Austrian investor network Primecrowd has opened an office in Munich. To date, the network has brokered investments totaling €8 million.
From Munich's Prinzregentenstraße, Primecrowd — according to its own statements Austria's largest startup investor network — connects investors and startups on the German market.
Since its founding in December 2015, the network has successfully provided 18 startups with capital and secured investments totaling more than €8 million. Now, the network, which includes around 1,000 investors and 200 incubators, accelerators, and VCs, is set to expand to include contacts and projects in Germany.
Primecrowd brokers equity investments
"We broker investments for early-stage and growth financing with a volume between 100,000 and 1,500,000 euros. In addition, we provide consulting support to startups with our expertise,"
says Business Coach Svenja Lassen, which the Munich office together with ex-MediamarktSaturn-Manager Tina Umbach will lead the company as Managing Director. Startups finance themselves through Primcrowd in the form of equity investments.
“Investors can participate directly in the company and develop a new asset class with startup investments,”
says Tina UmbachPrimecrowd CEO Markus Kainz says he sees potential for his platform particularly in the fintech, cleantech, healthtech, IT and software sectors.
