Digital Tech Fund invests €1 Million into itravel and Nektria
Summary
Headquartered in Cologne, Germany, the company operates an online tourism platform offering the possibility to compose around 4,600 long-distance journeys adapted to the individual travel sensations sought by the customer. Based in Barcelona, Spain, Nektria has developed a digital logistics platform that optimizes both on-line ordering and reduces product delivery costs. The two startups will contribute positively to the emergence of a vibrant ecosystem in Luxembourg”, said Alain Rodermann, founding member of , which manages the Digital Tech Fund. “The choice of the first participations, the quality of the management, their ambition and their capacity to execute their business plan have been decisive criteria. The fund will be able to deploy effectively in the next coming years and contribute significantly to the creation of an innovative and efficient ecosystem in the Grand Duchy”, concluded Deputy Prime Minister and Minister of Economy Étienne Schneider.