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Business Insider: Yes, the Metaverse still exists - and this founder got 17 million euros for it

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Gründerszene, the German online magazine of Business Insider, also reports on the 17 million investment of rooom AG. Read how CEO Hans Elstner managed to do this, even though the market is struggling, in the news by Madita Lege.

Venture capitalists have long pampered startups with generous funding, but they are now acting more cautiously. Investments in early-stage German growth companies have dropped by almost half year-on-year in the first half of 2023.

Gründerszene | Madita Lege

That makes the closing of the financing round even more significant, which is intended primarily to drive marketing and further internationalization of the platform.

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