Insurtech Startup Ottonova Raises New Funding Round

Ottonova, a Munich, Germany-based digital health insurer, raised a multi million euro amount of funding. According to reports, the funding could amount approx. €15m, which brought the total amount raised to €20m. Backers in this latest round included Tengelmann Ventures, B-to-V Partners and STS Ventures, which joined previous investors Holtzbrinck Ventures and Vorwerk Ventures.