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MGO Digital Ventures serves as Mediengruppe Oberfranken's corporate investment arm, deploying capital into emerging digital startups. It primarily targets ventures in the DACH region, focusing on Seed to (Pre-)Series-A stages with over €100,000 annual revenue. Beyond funding, it offers strategic support, leveraging its parent company's media experience to accelerate portfolio growth.
Established in 2012 by Mediengruppe Oberfranken, MGO Digital Ventures emerged from mgo's transformation from a local publisher to a multimedia enterprise. The core insight was the strategic necessity to foster digital innovation, ensuring sustained competitiveness and expanded market presence. This allows the parent company to proactively engage with new business models.
The firm supports digital startups across the German-speaking market, providing capital and operational mentorship. MGO Digital Ventures acts as a committed long-term partner, dedicated to facilitating innovative business model development. Its vision is to empower promising digital enterprises aligning strategically with its founding media group's capabilities.
MGO Digital Ventures has 2 tracked investments across 2 companies. The latest tracked deal is $3.4M Other Equity in Skoove in April 2019.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 16, 2019 | Skoove | $3.4M Other Equity | — | Caparuca, Egora Holding, High Tech Grunderfonds, IBB Ventures, Ringier Digital Ventures |
| Nov 1, 2015 | CHRONEXT | $5.0M Series B | — | Acton Capital Partners, Capnamic Ventures, Cavalry Ventures, Earlybird Venture Capital, Iris Capital, Oliver Roskopf, Altus Capital, NRW.BANK, Otto Birnbaum, Playfair Capital |
