Berlin-based startup NAO, which develops a co-investment platform, has raised €3.4 million in seed funding led by a Swiss family office, with support from Zeitgeist X Ventures. The funds will support NAO's European expansion and enhance its platform capabilities.
- Founded in 2022 by Robin Binder, Philipp Nowakowski, and Amel Hasanovic, NAO develops a co-investment platform that gives people access to exclusive investment opportunities like private equity, venture capital, and custom capital market investments.
- The platform allows users to invest from €1,000, providing access to typically inaccessible assets and enabling portfolio expansion through a simple process: register, recharge, invest, and monitor.
- The startup has formed partnerships with notable financial institutions like FERI, UniCredit, UBS, and Vontobel.
Details of the deal
- The seed round was led by a Swiss family office, with additional participation from Zeitgeist X Ventures, a Berlin-based VC that supports early-stage fintech startups across Europe, along with other private investors who joined the round.
- The startup will use the €3.4 million in funding to accelerate its European expansion, enhance its platform capabilities, and grow its customer base.
