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Elevator Ventures, UNIQA Ventures invest in RegTech company

Kompany, which provides a regulatory technology platform for businesses, secured an undisclosed amount of funding from UNIQA Ventures GmbH and Raiffeisen Bank International AG's corporate venture capital arm Elevator Ventures.

Existing investors in the company, including the European Super Angels Club, increased their stakes in Kompany, according to an Aug. 6 news release.

Founded in 2012, Kompany uses artificial intelligence, robotic process automation and blockchain technology to provide business know-your-customer services.