Tokenize.it Raises €2M in Seed Funding
Summary
corpus GmbH, the a Mittweida, Germany-based provider of Tokenize.it, a platform for token-based corporate financing and employee participation, raised €2m in seed funding. Backers included High-Tech Gründerfonds (HTGF), w3fund and seed + speed as well as several business angels. Founded by Christoph Jentzsch, who sold his startup slock.it to a US investor in 2019 and became world-famous with TheDAO, which raised around $150m in a very short time in 2016, Tokenize.it offers a standardized procedure for the investment in German private limited companies (GmbH), legal conformity, and in the future tradability on the secondary market. This process opens new opportunities for founders to involve their investors and employees and let them participate in the success of the company. In addition, this ensures the continued existence of the tokens, independent of the Tokenize.it platform, which creates trust and transparency.