Makerist, a Berlin, Germany-based DIY video startup, raised €5m in Series B funding.
Backers included G+J Digital Ventures and Ringier Digital Ventures with participation from existing investors High-Tech Gründerfonds (HTGF) and OZ Verlag.
The company intends to use the funds to continue to grow the video offering in other professional areas and expand operations internationally
Founded in June 2013 by Axel Heinz and Amber Riedl, Makerist is an online crafting school where people with different levels of experience can watch HD instructional videos created by professional teachers in the areas knitting, sewing and crochet, among other areas. On the platform, people can also buy the materials of the project taught in the video, share pictures of their handmade projects and to discuss related topics in a forum.
The company currently has a team of approx. 40.