Aug
27

www.forbes.com: GoEuro Closes $27 Million Funding Round

Long Europe’s leading metropolis for digital start-ups, London’s 600 blossoming tech companies have earned it the well-deserved title of Tech City. In recent years, however, Berlin has gained serious ground.

London may continue to outperform Berlin when it comes to big investment, but a major New Enterprise Associates (NEA)-led investment in travel start-up GoEuro suggests that Silicon Valley has finally set its sights on the young capital.

A stellar example of how companies are transforming entire ecosystems through the clever use of data, the Berlin-based start-up is a step closer to its goal of becoming the largest multi-mode travel platform across the Continent thanks to the successful $27 million Series A funding led by NEA.

The company’s three existing investors, Battery Ventures, Hasso Plattner Ventures and Lakestar have also increased their funding in the company.

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