Bayern Kapital backs €13m series-A for Fineway

The VC firm also took part in the first tranche of the series-A, which closed on €7m in November 2017 with participation from Mairdumont Ventures.

The fresh capital will be used for further technological development.

Previous funding
Bayern Kapital and Mairdumont both took part in Fineway's $2.5m seed funding round in October 2015.

Company
Fineway was founded in 2015 and is headquartered in Munich. It uses a chat bot to interact with customers, and suggests travel plans and booking options. It claims to cut trip research time down from more than nine hours to just a few minutes. The company employs 50 people.

People
Bayern Kapital – Roman Huber (CEO).
Fineway – Markus Bohl (CEO); Markus Felgelbinder (COO).

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