Morressier, the Berlin-based startup transforming scholarly communications, announced it has attracted $16.5m in investment in a Series B round led by Molten Ventures and with the participation of existing investors including Redalpine, Owl Ventures, and Cherry Ventures.
This growth investment follows the company’s Series A round communicated in May 2021, and will be topped up with further funding for acquisition opportunities.
Founded in 2014 by Sami Benchekroun, Justus Weweler and Rino Montiel, Morressier provides societies and publishers with workflows for transforming scholarly communications. Driven by the belief that technology can help create a world in which all scientific outputs are traceable and trustworthy, it is headquartered in Berlin and has offices in London and Washington DC.
The company will use its Series B growth capital for continued product innovation, scaling its go-to-market activities, including the institutional and corporate market, and to expand partnerships with leading research integrity vendors.