Mobile payment service Inventorum is set to further develop its product with $5.1m in series A funding provided by investors including High-Tech Gruenderfonds.
Germany-based payment solutions company Inventorum has raised €4m ($5.1m) in a series A round featuring German government and corporate-backed venture capital fund High-Tech Gruenderfonds (HTGF).
VC firm Vogel Venture and private investor Max Iann also took part in the round. The funding will be used to support growth and product development.
Inventorum has developed an iPad point of sale system for small retailers. The software enables small businesses to more efficiently manage their offline and online businesses by supporting daily…
