froots raises €2.25m in equity capital increase
New and existing investors backed expansion of the wealth manager's technology platform and brand.
froots raised €2.25 million in an equity capital increase funded by new and existing investors. Named participants included Andreas Treichl, Reinhold Baudisch and new investor Paul Fattinger.
The company will expand its technology platform and strengthen its brand. froots combines individually managed investment portfolios with a digital interface and personal support.
Use of funds
Expand the technology platform
Strengthen the brand