German real estate crowdfunding startup Exporo raises €8 million

German real estate crowdfunding startup Exporo has raised another €8 million in financing, less than a year after its last round. Last July, the startup took in €8.2 million from E.Ventures, Holtzbrinck, Sunstone and BPO Capital. The new round is backed by the same investors.

Exporo allows small investors to invest in real estate projects, from a minimum of €500. The industry for crowdfunding in real estate has grown strongly in recent months.

The new funding will allow Exporo to grow and develop new products, the company said in a statement. The startup currently employs 60 people.

Read more: Grunderszene (German)

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