German startup nuvo picks up €1.6 million to develop data importing solution
Summary
Hamburg-based SaaS startup nuvo has raised €1.6 million funding to fuel the growth of its data importing solution. The pre-seed round was led by FoodLabs, with participation from early-stage VC firm APX, Collective Ventures and angels, including Adrian Frenzel. Michael Zittermann, co-founder and CEO, nuvo said: “We built cutting-edge technology to save our clients time and headaches associated with importing data. Automating the entire file import chain was a key issue for them, from uploading files to smart column matching to ultimately uploading data into any web application.” Patrick Huber, general partner, FoodLabs added: “Importing, structuring and converting data is a major challenge for businesses. With its AI-driven technology, nuvo brings efficiencies in data import and management to a completely new level.”