Sawayo, to get €1.5 million from MBMV and a group of business angels from Germany.

Sawayo, a Rostock, Germany-based software developer of a solution for compliance and workflow automation, announced that it secured a €1.5 million ($1.8M) capital funding round.

The money was raised from local investors from Germany, including business angels and MBMV.

Sawayo, founded in 2018 by CEO Benjamin Reif, developed a software automation and compliance platform dedicated to make life easier for entrepreneurs and business owners.