
bmp leads finance round for iversity
bmp and Frühphasenfonds Brandenburg have completed a first round of funding for software company iversity, worth more than €1m.
In return for the investment bmp has taken a 10.1% stake in the company. iversity's team approached bmp directly as it focuses on investments in media and marketing services.
The investor was attracted by the firms concept of simplifying cross-institutional cooperation throughout Europe. The capital will be used to develop the platform and add online tools for teaching and research.
Company
iversity is an academic platform for universities based in Neuenhagen near Berlin. Launched in 2011, the business has a staff of 10. The firm has developed a software as a solution for e-learning and e-science allowing teachers and students to manage their materials, organise seminars, research projects and conferences. Currently the platform has more than 11,000 users from 40 schools.
People
Jens Spryrka is executive board member of bmp media investors.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater