Volksbanken Raiffeisenbanken joins €19 million financing round in Neoshare

The financing round is co-led by several Volksbanken Raiffeisenbanken and one of the largest German family offices. Strategic partners from the real estate industry, including the Pöttinger Immobiliengruppe, are also involved. The newly acquired capital will be used to expedite the company's own AI research and the further development of neoshare, as well as the expansion of the range of services in the areas of SaaS and consulting. It is particularly important to emphasize that neoshare remains strategically independent. Nico Singer, CEO and founder of neoshare AG, continues to control a qualified majority of the shares and has strategic control.

„It makes me extremely proud and grateful that we were able to raise such comprehensive funds for neoshare in these challenging times. This financing has not only significantly strengthened neoshare's liquidity position, but also secured it for the long term. It was particularly important for us to continue to exclusively acquire strategic partners who not only drive neoshare forward financially, but also sustainably in terms of content and strategic development. It should also be emphasized that we have succeeded in fully maintaining our strategic independence despite the extensive investments. I am deeply grateful to my team at neoshare and our investors for sharing our vision and investing in it,“ comments Nico Singer, CEO and founder of neoshare AG, on the financing round.