Coinpanion increases seed round to €5.5m

Coinpanion, a start-up for easy entry into the world of crypto investments, has widened its seed round from €1.8m to €5.5m.

Taking part in the seed extension were Wicklow Capital, Ledger,, NYDIG and Crusoe Energy Systems. Angel investors included Andreas Kupke, Moritz Thiele and Michael Pötscher.

There was also support from existing investors such as Florian Gschwandtner, Hansi Hansmann and High-Tech Gründerfonds

Austria-based Coinpanion enables anyone to profit from the cryptocurrency. The company accompanies the customer through the entire process from single market entry to ongoing optimisation of crypto investments and automated tax reporting.

Coinpanion CEO and founder Alexander Valtingojer said, “The demand for investments beyond the stock exchange is growing rapidly in Europe. With our offer, we create easy access to innovative assets such as cryptocurrencies, NFTs or the Metaverse for everyone and want to quickly expand to other countries as well as further grow in Austria.

“In addition to developments of the app functions, we also want to include more investment opportunities in the existing service in particular.”

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