Construction-oriented startup GenieBelt reels in 700K Euro

GenieBelt, a Danish construction-focused startup, has announced that they have obtained 700K Euro in funding from former JustEat CEO Klaus Nyengaard and OnApp CEO Ditlev Bredahl. Including the $500K that the company raised back in 2013, external funding for GenieBelt now totals roughly $1.3 million.

GenieBelt CEO and co-founder Gari Nickson says that the company intends to use this latest investment to “improve existing modules, scale to all platforms, develop additional features, and to take on more of the value chain.”

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