Flexcavo secured funding from Picus Capital

Flexcavo, a Rosenheim (Munich) and Berlin, Germany-based company operating a marketplace for machinery used in construction, completed a seed capital investment round.

The money was provided by the German VC Picus Capital, which will control 35% of the company's equity.

Flexcavo, founded in 2020 by Leonhard Fricke and Benedict Aicher, developed a B2B platform used for renting construction machinery