May, 14 2019 evan.network: Business Blockchain receives seed funding and wins renowned CFO

evan GmbH, ini­tia­tor of the neu­tral busi­ness blockchain evan.network, receives growth cap­i­tal in the mid-seven-fig­ure range and gains André Mün­nich as CFO. For the financ­ing round, evan GmbH was able to win beteili­gungs­man­age­ment thürin­gen GmbH (bm|t), Tech­nolo­giegrün­der­fonds Sach­sen (TGFS) and two busi­ness angels.

Digital twins and business transactions

With the growth cap­i­tal, the B2B start-up will fur­ther expand its blockchain for the dig­i­tal­i­sa­tion and automa­tion of busi­ness trans­ac­tions. On the blockchain, net­work mem­bers cre­ate dig­i­tal twins for machines and prod­ucts and develop stan­dards for cross-com­pany auto­mated trans­ac­tions. The indus­try-inde­pen­dent net­work solves a press­ing chal­lenge in the course of dig­i­tal­i­sa­tion: the increas­ingly impor­tant col­lab­o­ra­tion between com­pa­nies and the simul­ta­ne­ous desire to pre­serve cor­po­rate auton­omy and secu­rity. The busi­ness model and the expe­ri­enced man­age­ment team con­vinced the investors.

CEO of the only German Facebook exit as new CFO

In addi­tion to Thomas Müller (CEO) and Thomas Herbst (CTO), the trio of man­ag­ing direc­tors at evan GmbH has been com­pleted since March 2019 by André Mün­nich, who acts as Chief Finan­cial Offi­cer. Mün­nich has many years of expe­ri­ence in the estab­lish­ment and expan­sion of tech­nol­ogy com­pa­nies as well as in the sale of com­pa­nies in the con­text of IPOs and trade sales and also brings com­pre­hen­sive man­age­ment know-how. Before join­ing evan, he was co-founder and CEO of fayteq AG, a tech­nol­ogy com­pany that was acquired by Face­book Inc. in 2017. Before that, he was CEO of Rapid Ven­ture Accounting.
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As CFO, Mün­nich is respon­si­ble for secur­ing cap­i­tal acqui­si­tion for fur­ther growth and for achiev­ing strate­gic expan­sion stages.
“André Mün­nich has proven that he can lead tech­nol­ogy com­pa­nies on a global level. With him, evan GmbH gains a first-class CFO and co-man­ag­ing direc­tor who per­fectly fits our ambi­tious goals”, com­ments Thomas Müller, CEO of evan.network.
Sebas­t­ian Kned­lik, Invest­ment Man­ager at bm|t: “The indus­try-expe­ri­enced team around Thomas Müller, Thomas Herbst and André Mün­nich was able to win us over with already exist­ing, real-life use cases for the blockchain-based evan.network.” “In addi­tion to the strong scal­ing poten­tial of the plat­form tech­nol­ogy, we were par­tic­u­larly con­vinced by the cus­tomer feed­back,” added René Köck­ritz, Invest­ment Man­ager at TGFS.

About evan.network

evan.network is a blockchain for the digi­ti­sa­tion and automa­tion of busi­ness trans­ac­tions. The net­work mem­bers cre­ate dig­i­tal twins for machines and prod­ucts and develop stan­dards for cross-com­pany auto­mated transactions.
auto­mated trans­ac­tions. The ini­tia­tor of the blockchain is the Dres­den-based B2B start-up evan GmbH. Active net­work part­ners include the con­struc­tion machin­ery ser­vice provider Lindig and the tex­tile dis­counter KIK. For more infor­ma­tion, visit https://evan.network.

About André Münnich

André Mün­nich has been CFO of evan GmbH since March 2019. He is respon­si­ble for finance, investor rela­tions as well as cash man­age­ment and is also in charge of the com­pa­ny’s con­trol­ling, taxes and audit.
Before evan.network, André Mün­nich was co-founder and CEO of fayteq AG, a tech­nol­ogy com­pany from Ger­many, which he sold to Face­book Inc. in 2017. As CEO of Rapid Ven­ture Account­ing, André Mün­nich was also involved in numer­ous IPOs, busi­ness com­bi­na­tions and IFRS reports. Mün­nich worked for Dres­d­ner Bank AG and holds a Mas­ter’s degree in Busi­ness Admin­is­tra­tion from Ilme­nau Uni­ver­sity of Technology.

About bm|t

bm|t is one of the top addresses for invest­ments in Thuringia. We invest the cap­i­tal entrusted to us prof­itably in start-up teams and com­pa­nies in the Free State. This is how we finance inno­va­tion and eco­nomic growth in Thuringia.
bm|t cur­rently man­ages eight funds with a total vol­ume of more than 320 mil­lion euros and invests in inno­v­a­tive com­pa­nies in almost all sec­tors and in all phases of com­pany devel­op­ment — both in the start-up and growth phases or in com­pany suc­ces­sion situations.

About the TGFS

The TGFS (Tech­nolo­giegrün­der­fonds Sach­sen) pro­vides tech­nol­ogy-ori­ented founders with equity cap­i­tal for the seed and start-up phase. The fund was launched in 2008 with a vol­ume of € 60 mil­lion and was increased to more than € 124 mil­lion in March 2016. The tar­get com­pa­nies of the TGFS are young, inno­v­a­tive, tech­nol­ogy-ori­ented founders and com­pa­nies that belong to the ICT, semi­con­duc­tor and microsys­tems tech­nol­ogy, med­ical tech­nol­ogy, life sci­ence, envi­ron­men­tal and energy tech­nol­ogy and new media sec­tors. The TGFS is aimed at young com­pa­nies with their reg­is­tered office or place of busi­ness in Sax­ony. www.tgfs.de