As Berlin gears up for TOA 2016, its founder raises cash from The Family and the local startup community

robin@tech.eu

IMG_5891

The Tech Open Air festival in Berlin is around the corner, and later this year the organisers are heading to Los Angeles for its first event in the US.

Before all that, the team behind TOA is today announcing that it has raised funding from a large group of investors – mostly Berlin’s startup founder elite – to support its growth and fuel further expansion.

In a blog post, TOA founder Niko Woischnik announces the group of new investors in the event and community venture, which includes the founders of companies like SoundCloud, 6Wunderkinder, Zalando, Project A, Delivery Hero and HelloFresh. Also participating in the round are The Family, The Collective, angel investor Christophe Maire and German industry companies like Viessmann.

Aside from LA, TOA plans to expand to unnamed ‘exciting locations in emerging markets’ in the future.

stock-photo-102280417

TOA prides itself on being one of the first crowd-funded festivals, focusing on the interchange between technology and culture (what better place than Berlin for that?). Now referring to itself as a ‘platform’, TOA’s attendee number growth shows that there was a definite need for something like it in Berlin:

TOAblog_investor_attendees

There’s more coming, though. Writes Woischnick:

“Not to be limited to horizontal diversification we will also grow vertically. While TOA is an open platform for all stakeholders, many of our speakers & investors have asked for ways for them to connect with one another in a more intimate setting.

With this in mind, we set about creating Open Circle, a small and exclusive community for the most accomplished thought leaders of our generation. We are piloting Open Circle (OC) during TOA16 but plan to have OC events independent of TOA festivals and in various locations around the world.”

As a reminder, the ‘interdisciplinary technology festival’ returns to Berlin July 13 – 15 with a three-day conference at Funkhaus Berlin and over 175 satellite events across the city during the week. More than 7,500 attendees are expected and over 80 speakers will be in tow over the three days, spanning different industries and disciplines, from startups to VCs and university professors to artists.

Click here to get your tickets to Tech Open Air Berlin. tech.eu will be there as well!

(Note: we’re a media partner of TOA Berlin)

Tech Open Air - Speakers Dinner. 14 July 2015, Berlin, Germany. Image ©Dan Taylor/Heisenberg Media - http://www.heisenbergmedia.com/

Share this:
Share on linkedin
Share on facebook
Share on twitter

Get exclusive access to news, data and actionable insights on the European Tech innovation ecosystem(s)

By subscribing to Tech.eu, you gain instant access to curated European technology news, market intelligence and interviews with leading startup founders, investors and more. Sign up now in under a minute to deepen your knowledge on the European Tech innovation ecosystems on a daily basis.