BayBG invests in tiramizoo
Bayrische Beteiligungsgesellschaft (BayBG) has bought an 8.5% stake in German messenger service start-up tiramizoo from High-Tech Gründerfonds (HTGF).
The Munich-based private equity house invested alongside international parcel and express service provider DPD, which bought a 20% stake - making DPD the largest external shareholder in the business to date.
HTGF invested in tiramizoo in 2011 together with VC firm Bayern Kapital and business angels Burkhard Blum and Dirk Reiche. Blum, Reiche and Bayern Kapital are current shareholders of the company.
Daimler was tiramizoo's first external investor in 2013.
BayBG currently holds stakes in 27 start-ups as part of its venture capital portfolio.
Company
tiramizoo is based in Munich and was founded in 2010. It currently serves 1,200 customers across 15 German cities.
People
Michael Löhr is tiramizoo's co-founder and CEO. Boris Winkelmann is COO at DPD GeoPost. Marcus Gulder manages venture capital investments at BayBG.
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