MeinProspekt, a Munich, Germany-based information portal, has received a seven-digit funding.
Backers include TheMediaLab and existing initial investors Mountain Super Angel and High-Tech Gründerfonds, which provided seed financing in 2010 (read here).
MeinProspekt brings together the advertisements and bargain leaflets of German retailers and publishes them on mobile devices (via the iPhone, iPad and Android app) and on the Internet.
It allows consumers to learn about the latest offers and deals of various brands and businesses and is also attractive for retailers, as this information platform gives businesses the opportunity to distribute their offers locally and to specific target groups. Around 600 brochures and leaflets with more than 65,000 products are available weekly through MeinProspekt.
TheMediaLab is a joint venture of the media groups Madsack and the WAZ Media Group based in Hamburg.