TLDR:
- Bavest, a German B2B fintech startup, has secured €1.1M in pre-seed funding.
- The funding will be used to further develop the company’s AI-driven financial infrastructure for enterprises.
German B2B fintech startup, Bavest, has raised €1.1M in pre-seed funding from notable backers such as Bitpanda’s Christian Trummer, ReZoom Capital, and Nautic Ventures. Founded in 2019, Bavest aims to transform the financial world by enhancing transparency and efficiency through innovative infrastructure. The company recently pivoted to a B2B model, offering access to diverse financial and alternative data, as well as AI-as-a-Service for portfolio risk assessment and climate impact quantification. The funding will help Bavest solidify its position as a leading provider of AI-driven financial infrastructure for businesses, while expanding its technology platform and tailoring solutions for individual customer needs.