No-code startup Innoloft has raised €2mn in a new funding round led by Dutch VC firm Capital Mills. This marks the firm’s first investment into a German company. Innoloft’s no-code platform enables businesses to build web applications without any programming knowledge. Founded in 2019, the startup now counts over 70,000 end-users and includes customers such as Deutsche Telekom, Aachen University, and German state governments. With the new funding, Innoloft plans to accelerate product development and expand its user base. Being a B2B software company, the startup falls well under Capital Mills’ investment focus. The VC firm offers two types of…
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