Innogy has led the $14.2m first tranche of the relocation services provider's series C round, which is expected to achieve a final close in the next two months.

Germany-based relocation services provider Move24 has raised €13m ($14.2m) in series C funding led by Innogy Ventures, a corporate venturing vehicle for energy utility RWE.

Holtzbrinck Ventures, DN Capital, Piton Capital and Cherry Ventures also contributed capital. Move24 hopes to reach a final close of the round within two months after adding a “substantial” sum.

Established in 2015 as Movago, Move24 operates a relocation and removal service which bundles and combines jobs in order to reduce unused transport volume and…