Tech Company Financing Transactions
NaroIQ Funding Round
Magnetic Ventures and General Catalyst participated in a $6.5 million Seed funding round for NaroIQ. The financing round closed on 6/18/2025.
Transaction Overview
Company Name
Announced On
6/18/2025
Transaction Type
Venture Equity
Amount
$6,500,000
Round
Seed
Investors
Magnetic Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to specifically invest in technical development and regulatory licensing.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
?Im Mediapark 5
Cologne, 50670
Germany
Cologne, 50670
Germany
Phone
Undisclosed
Website
Email Address
Overview
We are bridging the way to your ETF or fund solution, just plug-and-play. The overall fund market currently tightens up. The industry is under margin pressure and more and more assets are managed by a handful of players. At the same time costs for issuing and managing a fund are growing due to manual work. The need for a technology-first and cost-efficient solution to issue and manage ETFs and funds never has been higher.
Management Team
Browse more venture capital transactions:
Prev: 6/18/2025: Payabli venture capital transaction
Next: 6/18/2025: Traversal venture capital transaction
Share this article
Where The Data Comes From
We report on every notable VC transaction. VC transactions reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs