One million euros for Tradingtwins

The B2B matchmaking platform is getting money for its growth. The Stuttgart-based investor Engelhardt Kaupp Kiefer & Co. has invested.

Cologne-based start-up Tradingtwins receives one million euros. The money comes from early-stage investor Engelhardt Kaupp Kiefer & Co. Tradingtwins uses a platform to place prospective buyers, usually small and medium-sized companies, with suppliers of capital goods and commercial services that require explanation and are high-priced.

Currently, the start-up brokers coffee machines, fuel cards, air purifiers and corporate loans, among other products. "In times of ever-advancing digitalization, large retailers and manufacturers must increasingly rely on digital ways to acquire customers," said Maren Bittner, a member of the management team at Engelhardt Kaupp Kiefer & Co. "We want to seize this market opportunity with Tradingtwins."

Tradingtwins needs the money for further growth. "In addition to the capital raised, we hope our investors will provide us with a further boost to growth through entrepreneurial support," says Marc Wittkamp, CEO and co-founder of Tradingtwins. "The extensive expertise in a wide variety of fields will help us achieve our goals and drive international expansion."