Berlin/ Munich — The industrial insurer HDI Global SE is investing 12 million euros in the company builder Next Big Thing AG(NBT) via Hannover Digital Invest. The Series A round also involves the investor EOS VC , which is managed by FinLab. NBT positions itself as a company builder, innovation hub and think tank. DLA Piper advised FinLab EOS VC Europe I GmbH & Co. KG as co-investor on the investment of up to two million euros.
Founded in 2016, Next Big Thing AG is the leading company builder in the field of IoT and Blockchain and offers comprehensive services for the development of joint ventures. With its expertise, the company, which employs 61 people from 21 countries, offers a platform for founders, entrepreneurs, investors as well as politicians in Germany and Europe. Next Big Thing AG is part of de:hub, the digital hub initiative of the German Federal Ministry for Economic Affairs and Energy, which aims to integrate medium-sized and large companies with new innovation partners from science and the start-up scene into a Germany-wide digital network.
FinLab EOS VC Europe I GmbH & Co KG is a fund managed by FinLab AG that invests exclusively in projects based on the open source blockchain software EOS.IO. The fund focuses on seed and early-stage startups seeking equity investment. The joint fund of USD 100 million was launched by Block.one, the company behind EOS.IO, and FinLab AG.
The DLA Piper team led by partner Simon Vogel also included senior associate Michael Rebholz (both Private Equity/Venture Capital, Munich).