Continental VC leads Series A financing round of €21 million in 4.screen

Munich — The Munich-based auto­mo­tive start-up 4.screen has closed a Series A finan­cing round of 21 million euros. The round is led by lead inves­tors Conti­nen­tal Corpo­rate Venture Capi­tal and S4S Ventures and.

4.screen is a plat­form for real-time inter­ac­tion with drivers. The Munich-based start-up was foun­ded in 2020 by three former BMW experts for digi­tal products. 4.screen enables compa­nies to inter­act with drivers directly through their navi­ga­tion screens, lever­aging ground­brea­king in-car tech­no­logy. By using vehicle sensor data such as loca­tion, engine type, car brand, and fuel level or charge status, the 4.Screen plat­form provi­des drivers with contex­tual infor­ma­tion about nearby busi­nesses and places such as parking lots, restau­rants, or stores. In the process, plat­form custo­mers bene­fit from compre­hen­sive and target-group-speci­­fic targe­ting opti­ons that cannot be reached by alter­na­tive in-car channels.

4.screen is alre­ady working successfully with seve­ral car manu­fac­tu­r­ers in Europe, inclu­ding Audi, Skoda and Merce­­des-Benz. The plat­form alre­ady has seve­ral million active users. The company counts over 60 global consu­mer brands among its custo­mers, inclu­ding Shell and McDo­nalds, for exam­ple. With the funding, the start-up is now aiming for further expan­sion in the EU and North America over the course of the year.

Advi­sor Conti­nen­tal VC as lead inves­tor: POELLATH

Dr. Sebas­tian Gerlin­ger, LL.M. (Part­ner, Lead, M&A/VC)
Chris­tian Tönies, LL.M. Eur. (Part­ner, M&A/VC)
Chris­tine Funk, LL.M. (Coun­sel, IP/IT)
Markus Döll­ner, LL.M. (London) (Senior Asso­ciate, M&A/VC)
Ludwig Niller (Asso­ciate, M&A/VC)