Unlocking the power of no-code: Capital Mills invests in Innoloft
The Aachen-based no-code startup has secured the next funding round as a result of the significant growth in the last year. Led by Capital Mills, the investment is a significant milestone for both Innoloft and Capital Mills as they join forces to reshape the landscape of software development, while this also marks Capital Mills' first German investment.
This capital injection opens up new avenues and marks a decisive moment in Innoloft's journey, fueling its mission to democratize software development and to make digitalization quicker, easier, and way more affordable. The investment will empower Innoloft to accelerate product development, expand its user base, and solidify its position as a trailblazer in the no-code movement.
"From the start, our partnership with Capital Mills has been incredibly positive. The investment process was fast and smooth, reflecting our shared mind-set. This investment validates our goal of democratizing software development and making it as easy as using PowerPoint. With Capital Mills' support, we feel well-prepared to take the next steps in empowering individuals and businesses to unlock their full potential through the power of no-code technology.”
Sven Pietsch
"Capital Mills is excited to partner with Innoloft. We believe Innoloft has a great team that has built an innovative and intuitive no-code solution that has potential to capture an ever growing market. Furthermore, we are very proud that Innoloft is our first German portfolio company."
Barry de Kock
About Capital Mills: Netherlands – based Capital Mills is a venture capitalist founded in 2016 and backed by a group of experienced entrepreneurial investors. Focused on long–term collaboration and active support it invests in fast-growing B2B SaaS companies with state-of-the-art technology and ambitious founders.