GRUENDELPARTNER advises bm|t on Tiny Monster’s €4 million funding round

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

Founded in 2023 and based in Berlin, the start-up Tiny Monster has developed GALAKTO, an audio system for children that requires no complicated set-up and works both offline and wirelessly. Audio plays in the form of tokens snap into place magnetically and the content plays immediately. Children can listen to the audio plays either via the built-in speaker or by connecting up to two pairs of headphones.

bm|t, based in Erfurt, is a subsidiary of Thüringer Aufbaubank and currently manages twelve investment funds with a total volume of EUR 445 million; it invests in innovative and high-growth companies across all sectors and at all stages of development.

GRUENDELPARTNER provided legal advice to the lead investor, bm|t, during the financing round.

GRUENDELPARTNER’s M&A, Venture Capital and Private Equity practice group is one of the most experienced and largest advisory teams in Central Germany and supports investors and entrepreneurs at all stages of development, particularly in company formation, business development, corporate financing and all exit processes.