Movinga, a Berlin, Germany-based relocation platform, raised €22m (approx. $26m) in funding.
The round was led by Santo Venture Capital, which will invest an additional €9m by early 2018, on achieving certain milestones, with participation from previous investors Rocket Internet and Earlybird.
The company intends to use the funds to further invest in its technology platform to concentrate on in-city relocations and expand to Scandinavia or Benelux.
Led by Finn Age Hänsel, managing director, Movinga operates a house removals platform focusing on intercity house moves in Germany and France. The company says, It has facilitated over 30,000 moves since 2016.
FinSMEs
23/10/2017