Kiwi, a Berlin, Germany-based provider of secure and hands-free access for large multi-tenant buildings, raised a €4m Series A funding round.
The round was led by Paua Ventures with participation from Investment Holding J.F. Müller & Sohn, as well as business angels Konstantin Sixt and Christian Oldendorff.
The company intends to use the funds to further expand its infrastructure, foster market position in Germany and consequently internationalize into selected markets abroad.
Led by Christian Bogatu, Kiwi provides hands-free access for large multi-tenant buildings via a transponder “Ki” in pocket or mobile app.
Customers include Deutsche Post, Alba, the Berlin fire brigade, as well as numerous real estate companies as commercial clients.
The company employs more than 30 people.