28 03 2016

Distribusion Technologies €6 Million Funding Round

Raue LLP advised traveltech startup Distribusion Technologies on a €6 million funding from international investors Northzone, Creandum and HR Ventures.


Existing seed investor Frühphasenfonds Brandenburg as well as industry specific business angels complete the finance round. The funding will be used to accelerate the product and technology development and to ramp up the acquisition and integration of new bus operators and resellers. In addition, Distribusion will push market coverage across Europe and expand their business operations to the major intercity bus markets in South America and Southeast Asia. For this purpose, the teams in Berlin and Bonn will be tripled by the end of 2016. Distribusion already works with major European mobility and travel brands and provides 2 million bookable rides of more than 60 bus operators covering 25 countries to online resellers and travel agencies worldwide. This makes the company the largest distribution platform for intercity bus rides. Raue LLP has advised Distribusion Technologies with a team including Andreas Nelle (Picture) and Friedrich von Spee. Involved fees earner: Andreas Nelle - RAUE LLP; Friedrich von Spee - RAUE LLP;

LATEST ISSUE
Powered by Share Trading

POPULAR ARTICLES
LE FONTI AWARDS 2017 CELEBRATE EXCELLENCES IN LONDON.

23/10/2017

On October 20th, 2017, the world’s leading corporate stars reunited for a speci

Le Fonti IAIR Awards Take Hong Kong By Storm

21/03/2017

Hong Kong has become a city of bright expansion, culture, and futuristic innovation. Fr

Will Brexit break London's place as FinTech Capital?

17/11/2016

Fintech, it’s described as the disruption in financial services pushed by consume

Le Fonti IAIR Awards 2016 celebrates excellences in London.

17/10/2016

On October 14th, 2016, the world’s leading corporate stars aligned for a momentou

IAIR AWARDS 2016 IN NEW YORK: EMONEY ADVISOR, C.A.S.H., CREDIT SUISSE AND CHEETAH MOBILE AMONG THE WINNERS

15/04/2016

More than 19 Excellences in the global economy at the VI Annual Edition of IAIR AWARDS&