Toscafund leads €33m series-C for Liqid

Existing investors Project A, HQ Trust and DvH Ventures also took part in the latest financing.

The fresh capital will be used to finance the company's organic growth, according to a statement.

Previous funding
Berlin-based VC firm Project A led a €5.5m seed round for Liqid in August 2015. It also took part in the company's €4.5m series-A, alongside DvH and HQ Trust in March 2017.

Prior to the latest round, Crossventures invested in an undisclosed venture funding for the business in January this year.

Company
Founded in 2015 and headquartered in Berlin, Liqid is a digital wealth management platform, developed in collaboration with HQ Trust. Deutsche Bank Wealth Management provides Liqid with banking and portfolio services. The business currently employs 40 people and has assets under management of €200m.

People
Project A – Ben Fischer (general partner).
HQ Trust – Hanna Cimen (CEO).

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