Lead investor Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft AG (DEWB) and business angel network BrainsToVentures AG (b-to-v) have participated in a EUR 5m Series-B financing round for inspection systems company Nanda Technologies. Other investors include the existing shareholders Ventegis Capital AG and Bayern Kapital, as well as business angel Alexander Bruehl.
Fund targets mid-market European companies generating EBITDA of at least €3m and revenues of €30-150m
GP wants to suspend its 2019 dividend and take action instead to fight the pandemic
Foresight Group, which is an existing investor in the company, also participates in the round
Mid Europa acquired a majority stake in Hortex from Argan Capital in November 2017