{
  "id": 9291655,
  "title": "Berlin-based mika raises €6 million to scale its AI-native alternative to traditional tax firms",
  "url": "https://urgent.news/2026/09/23/berlin-based-mika-raises-6-million-to-scale-its-ai-native-alternative",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-23T07:00:40.000Z",
  "source": {
    "name": "EU-Startups",
    "slug": "eu-startups",
    "url": "https://www.eu-startups.com/2026/09/berlin-based-mika-raises-e6-million-to-scale-its-ai-native-alternative-to-traditional-tax-firms/"
  },
  "original_language": "en",
  "account": "Berlin-based AI startup mika has secured €6 million in seed funding to expand its AI-native alternative to traditional tax firms for Germany's small limited companies, known as GmbHs and UGs. The round was led by Smedvig Ventures, with participation from Wecken & Cie. (Care4 AG), Dennis Bemmann and Michael Brehm, Johannes Ditterich, and Martina Pfeifer. Existing investors Keen Venture Partners and Dutch Founders Fund also increased their stakes. mika's AI system manages bookkeeping, VAT returns, annual accounts, and tax filings, handling the complex rules and regulations that often require human tax advisers. The company's AI-native general ledger reads and understands receipts and payments, categorising transactions and providing explanations to users. Additionally, mika allows users to communicate with their financial data via the Model Context Protocol (MCP), integrating with AI interfaces like ChatGPT or Claude. Since its founding in 2022, mika has grown to serve over 750 SMEs, with revenue exceeding €1 million annually.",
  "summary": "mika, a Berlin-based vertical AI startup building an AI-native alternative to the traditional tax firm for Germany’s small limited companies (GmbHs and UGs), has raised €6 million in a Seed funding round to support growth and the further development of the platform. The round was led by Smedvig Ventures, with participation from the Basel-based family […] The post Berlin-based mika raises €6…",
  "key_points": [
    "Berlin-based AI startup mika raises €6 million in seed funding",
    "Funds to expand AI-native alternative to traditional tax firms for Germany's SMEs",
    "mika's AI system handles bookkeeping, VAT returns, and tax filings"
  ],
  "editors_take": "This funding round enables mika to expand its automated tax services to more small German companies, potentially disrupting the traditional tax firm model and gaining further market share.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}