HTGF in €5m Makerist series-A

Publishing house OZ Verlag – also an existing backer – took part in the round alongside new backers, corporate VCs G+J Digital Ventures and Ringier Digital Ventures.

Makerist aims to capitalise on the additional marketing power offered by the three publishing houses, OZ, G+J and in particular Switzerland-based Ringier. The startup also aims to produce its first TV advert and a larger range of tutorials.

Previous funding
In December 2013, Makerist raised an undisclosed seed round from HTGF and TA Ventures. OZ Verlag came on board during a series-A round in 2015.

Company
Founded in 2013 and based in Berlin, Makerist produces paid-for video tutorials for a range of do-it-yourself projects such as knitting, crochet and cake decoration. The business has 38 employees.

People
G+J Digital Ventures – Beate Koch (managing director).
Ringier Digital Ventures – David Hug (managing director).
Makerist – Axel Heinz (CEO).

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• Topics
• Expansion
• DACH
• Technology
• Internet
• Venture
• High-Tech Gründerfonds