Gear Translations — Seed · approximately €500K

Gear Translations closed a capital increase reported at more than €500K. Bewater Funds put in over €300K through Bewater Gear Translations FICC, a closed-end fund set up only for this deal, and also bought out some minority shareholders. Big Ban Angels' co-investment vehicle The Road Project sold its stake to the new investors in this round. The press did not name a lead or a stage, and the company had raised only €260K before this. Bewater later dissolved the fund.