Immutable Insight closes financing round
Jan Schulte
| 12.04.2021
According to a media report, the blockchain start-up could raise a single-digit million amount. The son of Dietmar Hopp has apparently also invested.
Together with family-owned businesses, analytics and consulting startup Immutable Insight is working on blockchain projects. For its latest round of funding, Immutable Insight is apparently counting on investors who can give them good contacts in the middle market. As reported by Finance Forward
magazine, the startup has now secured a single-digit million amount.According to the report, the backers include the son of SAP founder Dietmar Hopp, Daniel Hopp. Other German entrepreneurial families are also said to be involved. So far, Daniel Hopp invested mainly in real estate projects and is involved in start-ups such as the football app Onefootball. "We specifically sought investors from family businesses to get more connections in the German industry," founder Katharina Gehra told Finance Forward
. She said her team is currently preparing its first pilot project with a German company.In addition to cooperating with SMEs, Immutable Insight conducts analytics and is openly preparing a blockchain fund. The start-up wants to collect up to 100 million euros for this. The focus is apparently on investments around the Etherum blockchain.
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