Berlin holiday real estate company Myne collects fresh money

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Owning a house on Mallorca, in Vorarlberg or on Rügen is “neither good for your wallet, the environment nor the local community,” says co-founder Fabian Löhmer.

(Photo: E&V Mallorca Southwest/E&V Private Office)

Frankfurt Fear has been rampant in the start-up scene recently: given the bad mood on the financial markets, lenders could lose their appetite for investments, some feared. A message from Berlin should now encourage start-ups: Myne has managed to successfully complete a second round of financing. The fintech fund Embedded/capital, the family office TruVenturo as well as Scope Hanson and Rivus Capital are investing fresh money in the Berlin start-up.

“A total of 23.5 million euros in debt and equity will be invested in further business development,” said the two Myne founders and company bosses, Nikolaus Thomale and Fabian Löhmer, in an interview with the Handelsblatt. Business angels who have already invested in the financing round have also taken part.

The money is to be used to further develop the technology, to expand the customer base beyond Germany, Switzerland and Austria, and to purchase new properties in France and Italy.

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