VOY Advises Kadmos on Seed Financing Round
A team led by Clemens Koós advised fintech Kadmos on its EUR 8.3M seed financing round. The funding round was led by Addition, while existing investors Atlantic Labs and prestigious fintech angels also joined the round.
Kadmos is a Berlin-based Fintech on a mission to make the salary journey of millions of migrant workers more transparent, convenient, and less expensive. The startup was founded in 2021 by MIT-graduates Justus Schmueser and Sasha Makarovych with the aim to bring fintech into industries riddled with opaque mark-ups, kickbacks, and physical cash. Kadmos provides companies with a simple, low-cost, and secure method for international salary transfers, while every migrant worker receives a digital wallet as well as a connected debit card to remit or directly spend money. Kadmos has already secured several pilot customers from various industries, including shipping and construction, and is going live in Q1, 2022.
Addition invests in early and growth stage technology companies. The firm was founded with a mission to support visionary entrepreneurs on their journey to build impactful and enduring businesses.
About Atlantic Labs
Atlantic Labs is a leading European pre-seed fund, headquartered in Berlin. Founded by Christophe F. Maire, founder of HERE.com and one of the most renowned angel investors in Berlin, Atlantic Labs has acted as lead-investor in 100+ early-stage companies since 2013. Building on its team of experienced venture developers and industry network, Atlantic Labs helps companies succeed and find strong international follow-on investors. Atlantic Labs has developed a thesis-driven investment approach with focus areas including digital health, future of work, mobility, industrial automation, artificial intelligence, Fintech & Proptech. Atlantic Labs has been an early investor in some of the most seminal fast-growing German tech companies including SoundCloud, GetYourGuide, Omio, Zenjob, Choco, Wandelbots, and Gorillas.
VOY is a law firm and tax consultancy for founders and investors creating a digital client experience that focuses on additional value with direct and uncomplicated legal advice of the highest quality.