Germany-Based autoaid Receives €550,000 in Equity Funding

Berlin, Germany -based Start-up autoaid GmbH, specialists in web-based car diagnostics and operator of the car service platform, has received €550,000 from investor High-Tech Gründerfonds and BBAF Business Angels Fondsgesellschaft mbH.
autoaid is developing web-based car diagnostic system for professional use in car garages. Use of the software will make it possible to dispense with the proprietary diagnostic testers in common use today.
Andreas Müller from Opitz Müller und Partner Consulting Agency supported autoaid GmbH in the investment and financing process. He will also continue to provide advice to the company in the role of a coach.
Commenting on the deal, Moritz Funk, one of the two directors of autoaid GmbH, said: “Thanks to the received funds and the first class network of High-Tech Gründerfonds, BBAF and coach providing the backing, we have excellent conditions for converting our business idea into a successful company

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