DGAP-News: Mountain Alliance AG / Key word(s): Investment/Financing 
Mountain Alliance AG: portfolio company Lingoda successfully completes significant financing round 
2021-04-15 / 14:00 
The issuer is solely responsible for the content of this announcement. 
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Mountain Alliance AG: portfolio company Lingoda successfully completes significant financing round 
Munich, 15 April 2021 - Lingoda, a portfolio company of Mountain Alliance AG (ISIN DE000A12UK08), has secured fresh 
growth capital in a financing round involving global growth equity firm Summit Partners as lead-investor and investor 
Conny Boersch, founder of Mountain Partners. In total, Summit Partners will invest EUR 57m for its equity stake in 
Lingoda. The investment will support Lingoda's expansion into new markets and further enhance the technological 
capabilities of its virtual classrooms to accelerate its already strong growth. Mountain Alliance AG holds around 7% of 
Lingoda following the completion of the financing round. 
Lingoda is an online language school with virtual classrooms. Participants in the courses can see, hear and interact 
with each other - just like in traditional language schools, only online. The platform has grown dynamically since its 
founding. Last year alone, Lingoda increased its customer base by almost 200% and served students from nearly 200 
countries worldwide. The need for virtual solutions in education is continuously growing. The COVID crisis has further 
fuelled growth and accelerated the shift to online learning. The global market for language learning is estimated to be 
worth more than USD50 billion annually. 
"We have been accompanying the growth at Lingoda for some time now and are excited about the dynamic development and 
future growth potential. I am confident that the fresh capital and strong investors at our side will enable the company 
to take large steps towards becoming a leader in the online language school space not only across Europe but also 
globally. Even before the COVID crisis E-Learning had either complemented or replaced traditional forms of learning due 
to its manifold potentials. We now experience an irreversible acceleration in this process. Lingoda has the potential 
to become a world leader in its area. Together we will continue to support and drive the scaling and 
internationalisation of Lingoda," says Manfred Danner, board member of Mountain Alliance AG. 
About Mountain Alliance AG: 
Mountain Alliance AG (ISIN: DE000A12UK08) is an operative investment company whose shares are listed in the SME segment 
m:access of the Munich Stock Exchange and in the Basic Board of the Frankfurt Stock Exchange. As a lean, transparent 
and experienced investor, the company is dedicated to the industry of the future, in which it has many years of 
know-how and an excellent network: the digital business. Mountain Alliance AG currently holds portfolio companies in 
four segments: Technology, Digital Business Services, Digital Retail and Meta-Platforms & Media. Through its listing 
Mountain Alliance enables its shareholders a simple access to a diversified portfolio of digital and technology based 
assets. 
Contact: 
Mountain Alliance AG 
Manfred Danner 
COO/CFO 
Bavariaring 17 
80336 Munich 
phone: +49 89 2314141 00 
fax: +49 89 2314141 11 
e-mail: danner@mountain-alliance.de 
www.mountain-alliance.de 
CROSS ALLIANCE communication GmbH 
Susan Hoffmeister 
Investor Relations 
Bahnhofstr. 98 
82166 Gräfelfing/Munich 
phone: +49 89 1250903-30 
e-mail: sh@crossalliance.de 
www.crossalliance.de 
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2021-04-15 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      Mountain Alliance AG 
              Bavariaring 17 
              80336 München 
              Germany 
Phone:        +49 89 231 41 41 00 
Fax:          +49 89 231 41 41 11 
E-mail:       danner@mountain-alliance.de 
Internet:     www.mountain-alliance.de 
ISIN:         DE000A12UK08 
WKN:          A12UK0 
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Munich (m:access), Stuttgart, 
              Tradegate Exchange 
EQS News ID:  1185310 
 
End of News   DGAP News Service 
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1185310 2021-04-15

(END) Dow Jones Newswires

April 15, 2021 08:01 ET (12:01 GMT)