Berlin, July, 11th 2017 – Gastrofix, a Mujinzo Labs incubated portfolio company and leading provider of cloud-based POS systems for the hospitality industry in Europe, received a €15 million Series B financing led by Radeberger Group, Germany’s largest brewery group and market leader in the German beer market, and growth investor Endeit Capital, to fuel international acceleration of the company. With its comprehensive POS solution Gastrofix covers the entire hospitality industry incl. bars, cafés, restaurants, hotels and large franchise chains. Since its establishment in 2012 the company has installed over 12,000 POS systems in Europe, managing over €2 billion in revenues per year for its customers. With more than 100 employees in 7 countries, Gastrofix will use the new funding to expand its leading market position in Germany as well as internationally. Additionally, Gastrofix is planning to digitize further processes that are still mainly done manually in the hospitality and the hotel industries, so that business owners and professionals can even more focus on the needs of their customers. “The digitalization of the hospitality industry is one of the key success factors for every modern POS system. We are very pleased to have Radeberger as a strategic investor with extensive network of potential customers, and Endeit as an experienced financial investor with a strong track-record of scaling tech businesses internationally on board. Also our financial advisor Clipperton has done a great job helping us navigate successfully through the transaction” says Dirk Owerfeldt, CEO of Gastrofix.