Tengelmann Ventures leads funding for Neonga
Tengelmann Ventures has joined existing investors High-Tech Gründerfonds and IBB in a financing round for online games publisher Neonga.
The capital will allow Neonga to roll-out the business internationally and strengthen its market position.
IBB Beteiligungen invested from the VC Fonds Kreativwirtschaft Berlin.
Company
Berlin-based Neonga is a publisher of free online multiplayer games offered as PC downloads, browser games, in Facebook or as mobile applications. The company's games such as "A Mystical Land", "World of Ants" and "DragonSoul" include "Item Shops" where users can buy premium goods. Neonga was founded in July 2010.
People
High-Tech Gründerfonds was represented by Holger Heinen and Mischa Wetzel works at IBB Beteiligungen.
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