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Spiegel invests in brain training startup NeuroNation (Germany)

BrainTrainingSpiegel picks up stake in Berlin brain-training startup NeuroNation (Venture Capital Post):

“Berlin-based brain-training startup NeuroNation has received a seven-figure investment from publishing firm Spiegel.net (part of the largest German media group). The deal, which was done in partnership with accelerator XLHealth, allowed Spiegel to take a 25% stake in the startup, according to Venture Village…According to NeuroNation, it has gained 100,000 users since its 2011 founding. The company has been profitable since June last year, and has been bootstrapped since its €50,000 seed funding from Seedmatch. The firm’s founders plan to use half of the latest funding to improve its mobile product…”

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