Proglove receives $40 million in growth capital

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Munich-based wearable startup and SCE alumni startup Proglove receives $40 million in growth capital from investor Summit Partners. With this, the company wants to expand further internationally.

Proglove, founded in 2014, is receiving a $40 million investment from U.S. private equity firm Summit Partners. The Munich-based startup plans to use the new capital to expand its international reach...

Read the full article on Munich Startup at: https://www.munich-startup.de/52500/proglove-erhaelt-40-mio-dollar-wachstumskapital/