Co-living European startup Colonies raises $34 million

French startup Colonies has raised a $34 million funding round (€30 million). In addition to that, LBO France is committing to spend $168 million (€150 million) in real estate projects over the next couple of years. Those new buildings will eventually be managed by Colonies.
Idinvest Partners, Global Founders Capital and La Financière Saint James are participating in today’s funding round.
Coloniestargets young people who are looking for an apartment without all the hassle