Germany-based online game publisher Neonga closed a new round of financing on Thursday, partly funded by Tengelmann Ventures, a subsidiary of retail holding company Tengelmann. The sum raised was undisclosed. High-Tech Gründerfonds, the venture capital firm backed by the German government and corporates, and VC Fonds Kreativwirtschaft Berlin, a venture fund run by financial services firm Investitionsbank Berlin and the European Regional Development Fund. High-Tech Gründerfonds and VC Fonds Kreativwirtschaft Berlin previously invested €2m ($2.8m) in Neonga’s October 2010 series A round. Founded in the summer of last year, Neonga has released three games so far and will be investing the most recent capital in releasing and promoting the games internationally. Christian Winter, General Manager of Tengelmann Ventures, said: "Ever since Tengelmann Ventures was founded, we have been looking at various candidates from the booming online games industry. In Neonga, we see great potential due to the combination of a very experienced management team with a coherent product strategy."  

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