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Brandl Talos Advises Coinpanion on EUR 3.7 Million Seed Round Extension

Brandl Talos Advises Coinpanion on EUR 3.7 Million Seed Round Extension

Austria
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Brandl Talos has advised Austrian fintech start-up Coinpanion on a EUR 3.7 million expansion of its 2021 seed round.

According to Brandl Talos, “following the previously completed seed financing round in August 2021, Coinpanion secured additional funds of EUR 3.7 million from, inter alia, Wicklow Capital, Bernhard Niesner (Busuu), Johannes Braith (Storebox), Michael Hurnaus, Wolfgang Reisinger (Tractive), and Johann Hansmann, bringing the total volume of the seed financing round to EUR 5.5 million.”

Coinpanion first obtained its pre-seed financing back in 2020 (as reported by CEE Legal Matters on September 21, 2020).

Coinpanion enables its users to securely invest in cryptocurrencies. According to Brandl Talos, “Coinpanion intends to use the capital raised to accelerate their market expansion and expand Coinpanion’s offering to include new products.”

The Brandl Talos team included Partner Roman Rericha and Attorney Adrian Zuschmann.

Brandl Talos did not respond to our inquiry on the matter.