Company, which has an impressive array of angel investors backing it, raises an estimated €800,000 to scale its operations in Germany
Coindrum, a company that installs and operates self-service coin collection kiosks at retail location, has raised new financing.
While the company did not disclose the total sum raised, industry sources indicate it has secured €800,000 in a funding round led by Business Venture Partners through its BVP EIIS Fund.
Founded by Lukas Decker, Coindrum has an impressive array of investors, including Declan Ryan, co-founder of Ryanair, Bobby Healy, founder and chief executive of Manna Drone Deliveries, Patrick Joy, founder of Suretank, and Tom Kennedy who co-founded Hostelworl