Ottonova Raises €10M in Series C Funding

ottonova, a Munich, Germany-based insurtech startup, raised €10m in Series C funding. Backers included Debeka, Holtzbrinck Ventures, Vorwerk Ventures, Tengelmann Ventures, BtoV and STS Ventures. The company, which has raised approx. €40m in funding, intends to use the capital to launch its product and continue to expand its offering with additional features.