Vienna \u2014 A seed funding round of \u20ac1.8 million for crypto invest\u00adment start-up Coin\u00adpa\u00adn\u00adion by High-Tech Gr\u00fcn\u00adder\u00adfonds, co-foun\u00adders of Scalable Capi\u00adtal and CLARK. Coin\u00adpa\u00adn\u00adion allows anyone, without any prior know\u00adledge, to profit from the cryp\u00adto\u00adcur\u00adrency market in an auto\u00adma\u00adted way. In doing so, the startup takes care of ever\u00ady\u00adthing from simple market entry to auto\u00adma\u00adted cryp\u00adto\u00adcur\u00adrency manage\u00adment. After just under a year, Coin\u00adpa\u00adn\u00adion alre\u00adady mana\u00adges seve\u00adral million euros for its custo\u00admers and is now recei\u00adving 1.8 million euros in seed invest\u00adment from well-known inves\u00adtors from Germany and Austria.<\/p>\n
The lead inves\u00adtor in the round is the German High-Tech Gr\u00fcn\u00adder\u00adfonds<\/strong> (HTGF), one of the most active venture capi\u00adtal funds on the Euro\u00adpean market. In addi\u00adtion, Patrick P\u00f6schl<\/strong>, co-foun\u00adder of Munich-based robo-advi\u00adsor Scalable Capi\u00adtal, which is now rated as a unicorn (over \u20ac1 billion valua\u00adtion), and Chris\u00adto\u00adpher Oster<\/strong>, CEO of insu\u00adrance mana\u00adger CLARK, are inves\u00adt\u00ading. Also on board are Florian Gschwandt\u00adner<\/strong>, foun\u00adder of the fitness app Runta\u00adstic and Austria\u2019s proba\u00adbly best-known start-up inves\u00adtor Johann Hans\u00admann<\/strong>, who has accom\u00adpa\u00adnied Austria\u2019s biggest start-up exits (inclu\u00adding Runta\u00adstic, Shpock, mySugr) and lead inves\u00adtor of the pre-seed round Frank Wester\u00admann, co-foun\u00adder of the diabe\u00adtes app mySugr.<\/p>\n Bitcoin and Ethe\u00adreum have been the talk of the town for some time now, while many still don\u2019t really know what to make of terms like Card\u00adano, Chain\u00adlink or EOS. This is exactly where Coin\u00adpa\u00adn\u00adion comes in.<\/p>\n \u201cOur goal is to simplify access to the cryp\u00adto\u00adcur\u00adrency market for the gene\u00adral public. We are thril\u00adled that we were able to convince some of the most successful entre\u00adpre\u00adneurs and inves\u00adtors in Germany and Austria of our vision. And the Coin\u00adpa\u00adn\u00adion foun\u00adding team has big plans: The 1.8 million euros in capi\u00adtal are to be used prima\u00adrily for further growth. We want to further expand our strong user growth. We also plan to grow from 18 to 50 employees within a year,\u201d explains Alex\u00adan\u00adder Valtin\u00adgojer<\/strong>, co-foun\u00adder and CEO of Coinpanion<\/p>\n \u201cWith Coin\u00adpa\u00adn\u00adion, a startup is finally demo\u00adcra\u00adtiz\u00ading the opaque cryp\u00adto\u00adcur\u00adrency market. Now really anyone can become a crypto inves\u00adtor without any prior know\u00adledge,\u201d said Kilian von Berli\u00adchin\u00adgen, invest\u00adment mana\u00adger at High-Tech Gr\u00fcnderfonds<\/p>\n