Bayern Kapital and BayBG Bayerische Beteiligungsgesellschaft have backed German tourism app Gastfreund’s seven-digit series-A.
The startup, which mainly operates in the Alps area at the moment, hopes to use the fresh capital to expand to other regions. BayBG stated it decided to back the business as it hopes Gastfreund will...
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As part of the deal, the GP will acquire a majority stake in the Italian coffee machien maker
Deal marks Riverside's fifth buyout this year and its first in Germany in 2016
Latest round brings total funding received by company to €13.5m