500k Investment for Updatemi

Great news for Updatemi! The media startup gets 500,000 euros in a seed round. Updatemi filters and summarizes relevant news and information into updates consisting of six bullet points. The transaction was structured and executed by Venionaire Capital.

News reports
Managing to close half a million euro in funding is a great step foreword for Updatemi. As a result, several media outlets reported on the deal (in German): Futurezone mentioned that Updatemi wants to enhance its artificial intelligence technology. Horizont (online as well as print) explained how Venionaire supports Updatemi with business development, the private equity story, fundraising and deal structuring. Börse Express described the plans of Updatemi to enter the US market, while the Private Banking Magazin highlighted the investment of a member of the Manz family. The Swiss Online Magazine Moneycab addressed the expansion of the B2B-Business and the German Webmagazin did a short interview with the two founders Michael Hirschbrich and Andreas Schietz.