By 
Berlin-based WealthTech startup NAO has secured an additional €1 million in a second closing of its Seed financing round, bringing total funding to €4.5 million.
The latest investment round includes participation from Jens Hilgers, serial entrepreneur and founding general partner at Bitkraft Ventures, alongside contributions from family offices, private investors, and existing backers such as FinTech veteran Jakob Schreyer and venture capital firm Zeitgeist X Ventures.
NAO, a co-investment platform specializing in alternative investments, aims to democratize access to asset classes like private equity, infrastructure, and hedge funds, which were traditionally reserved for institutional investors and high-net-worth individuals. The startup recently received recognition by winning the FinTech Germany Award.
Since its mid-2023 launch, NAO has formed strategic partnerships with Baader Bank, Chartered Investments, FERI, UniCredit, UBS, and Vontobel, while also expanding its presence into Austria. The platform has attracted several thousand users, with an average individual investment of €10,000.
“The second closing of our seed round strengthens our strategic development and expansion efforts,” said Robin Binder, founder and CEO of NAO. “We see ourselves as pioneers in a growing trend that is now being embraced by major industry players. The confidence of our investors underscores the strength of our business model and vision.”
With fresh capital secured, NAO is set to drive further innovation in the alternative investment sector, positioning itself as a key player in the evolving WealthTech landscape.
Comments