Our portfolio company the digital funeral home mymoria aims to grow into the German market leader in the next three years. For acquisitions and the integration of traditional funeral homes into the digitally driven mymoria Group, the company has closed a Series C financing round with a volume of around 15 million euros. The capital increase is led by Kalodion, the family office of Saarland entrepreneur David Zimmer, and the investment group EGORA Holding. In addition, all existing shareholders, including us, IBB Ventures, HOWZAT Partners and btov Partners, are participating exclusively.

Last year, the previously digital-only funeral home opened its first funeral boutiques in Cologne and Munich and plans to open more locations this year. With initial acquisitions of funeral directors, the company is in a comfortable position for strong growth and has already established its own transfer service across Germany to implement logistics for the entire group.