Credo and Talis co-led a €4m series-A for Price FX

In a statement, the company said it will use the capital injection to expand its business internationally across North America, Europe and Asia, as well as expand its sales and IT teams.

Prague-based venture capital house Credo injected capital from its second vintage, Credo Stage 2, a vehicle that held a first close on €34m in April 2015, short of its €40m target.

Company
Established in 2011 and headquartered in Pfaffenhofen, Germany, Price FX develops a software offering pricing optimisation tools that allows medium and large corporates to gain visibility and control over their margins and profitability.

People
Credo Ventures – Ondrej Bartos (partner).
Talis Capital – Matus Maar (partner).
Price FX – Marcin Cichon (co-founder, CEO).

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• Topics
• Expansion
• Technology
• DACH
• Venture
• Germany
• Talis Capital