As part of this financing round, Novator Partners and LEGO Ventures joined as new investors. Other investors in this round included existing shareholders Neoteny, firstminute capital, Makers Fund and New Life Ventures, enabling Klang Games to raise more than USD 22 million. The Berlin games startup was founded by CEO Mundi Vondi in Reykjavik, Iceland, in 2013 and later moved to the German capital. With the money raised in this financing round, Klang Games wants to further develop its successful game Seed, an MMO game with persistent storylines that can be used by thousands of players simultaneously.
Northzone is a European venture capital fund backing entrepreneurs building tomorrow’s global companies. Currently investing out of NZVIII, a EUR 350 million fund and one of the largest early stage venture funds in Europe, Northzone has offices in London, Stockholm, New York and Oslo. Northzone is an early investor in companies such as Spotify, iZettle and Trustpilot.
The BCLP team led by Berlin partner Dr. Albrecht von Breitenbuch previously advised Northzone as lead investor in the Series A financing round. He regularly advises Northzone on investments in Germany, including in Outfittery, TIER, FreightHub and Personio. He has built a growing practice supporting tech companies and venture capital investors from BCLP’s Berlin office and is leading the firm’s offering in that practice area in Germany.
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