GRUENDELPARTNER advises bm|t on Tiny Monster's €4 million financing round

Together with Reziprok and experienced business angels, Beteiligungsmanagement Thüringen (bm|t) is investing a total of 4 million euros as part of a seed financing round for Tiny Monster GmbH.

Founded in 2023, the Berlin-based start-up Tiny Monster has developed GALAKTO, an audio system for children that works offline and wirelessly without the need for complex set-up. Audio games in the form of tokens snap into place magnetically and the content is played immediately. Children can play the audio games via the integrated loudspeaker or by connecting up to two headphones.

As a subsidiary of Thüringer Aufbaubank, Erfurt-based bm|t currently manages twelve investment funds with a total volume of EUR 445 million and invests in innovative and fast-growing companies from all sectors and in all company phases.

GRUENDELPARTNER advised the lead investor bm|t on the legal aspects of the financing round.

GRUENDELPARTNER's M&A, Venture Capital, Private Equity practice group is one of the most experienced and strongly staffed advisory units in Central Germany and supports investors and entrepreneurs in all phases of development, in particular in company formation, company development, corporate financing and all exit processes.