Business · Companies · 2 hrs ago

German startup 1Komma5Grad valued at $1.35 billion in new financing round

German startup 1Komma5Grad valued at $1.35 billion in new financing round

German startup 1Komma5Grad secured a $1.35 billion valuation in a new financing round.

The valuation is the value assigned to the company in that financing.

The headline does not say how much money the company raised.

It does not name the investors.

It gives no details about the company’s business or the financing terms.

No next steps are specified.

Sources

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