The academic platform has gained series A financing as it looks to stretch its service across Europe.
Iversity, the Germany-based cross-institutional academic networking platform, closed its series A round on 11th August, raising $1.6m.
The financing was provided by venture capital firm bmp Media Investors, a division of the BMP investment management firm that is 10% owned by management consultancy Roland Berger Group, and BFB Frühphasenfonds Brandenburg, a venture fund set up by a state-backed development bank. Although details of BFB’s stake size remain undisclosed, BMP acquired a 10.1% stake through the transaction.
Iversity claims…
