HDI Global led internet-of-things and insurance incubator Next Big Thing's $13.5m series A round, participating together with Finlab EOS.
Germany-based incubator operator Next Big Thing has completed a €12m ($13.5m) series A round led by Hannover Digital Invest, a corporate venturing subsidiary of industrial insurance provider HDI Global.
Finlab EOS, the venture capital fund backed by blockchain protocol producer Block.one and company builder FinLab, also contributed to the round.
Founded in 2016, Next Big Thing has formed an incubator for blockchain and internet-of-things technology startups, and in addition to providing funding HDI intends to also assist in company development.
…
