[Funding alert] Münster-based AQUATY Secures €2.3 Million in Pre-Seed Funding

Grimm's track record as a successful businessman and his crucial position as Chief Operating Officer of the European insurtech Getsafe will greatly support AQUATY's growth.

The technological platform of AQUATY simplifies private market transactions to a level similar to stock purchases and sales. Use cases include everything from facilitating secondary trades and digitally settling investment processes to managing employee stock option plans (ESOP).

Read also - London-based Cogna Secures £3.76Million in Funding

Artificial intelligence is used by it's software to provide data-driven decision-making and transparency in previously unstructured private market data. A wide range of stakeholders, including investors and founders as well as other parties involved in private market transactions, stand to gain from the strategy.

Sebastian Otutuama, co-founder of AQUATY and responsible for the product architecture, commented on the expansion of the leadership: “With Alex joining us, we are well prepared to make the lucrative asset class of early-stage investments accessible to a broader market. He is a perfect complementary addition to our team.”

Otutuama explained: “Venture capital fuels groundbreaking innovations that are vital for tackling the challenges we face today. Entry barriers such as high transaction costs or complex legal processes have historically prevented many investors from investing in this lucrative asset class. AQUATY is here to change that narrative. Our platform will allow simple and diversified participation in venture capital investments with small Icket sizes from €1.000 – like an index-ETF for early-stage investments.”

Alexander Grimm added: “When I first met my co-founders I was deeply impressed by the technological and regulatory infrastructure they built. This technology allows us to take the regulatory and process hassle out of many VC transactions – increasing its efficiency by factor 10. I am convinced that AQUATY is perfectly positioned to make a whole asset class more accessible and to support funders to back the strongest founders.”

About AQUATY

AQUATY is a totally digital platform that conveniently provides a broader audience with access to early-stage and private market investments. AQUATY gives entrepreneurs and investors the ability to take advantage of venture capital investment opportunities by eliminating the conventional complications and transaction expenses.

Read also - London-based Agio Ratings Secures $4.6Million in Pre-Seed and Seed Funding