Press
graswald.ai raises $3.3M seed round to scale the way brands create 3D content with AI
The Hannover-based start-up has secured seed funding to build Canva for 3D, leveraging generative AI to transform 3D creative processes for 3D product visualisation.
Hannover, 20 March 2024 – graswald.ai announced the close of a $3.3 million seed round led by existing investor Lakestar as well as Supernode Global with continued support from existing investor HTGF and further participation from Spatial Computing expert FOV Ventures, Robin Capital, Angel Invest Ventures and Notion Sc
Press
Tubulis Closes Upsized €128 Million Series B2 to Accelerate Clinical Development of Solid Tumor-Focused ADC Pipeline
Financing round co-led by EQT Life Sciences and Nextech Invest [1], with participation from current and new leading global biotechnology investors
Proceeds will support clinical evaluation of lead solid tumor ADC candidates, TUB-030 and TUB-040, further technology development and expansion into the US
MUNICH, GERMANY, March 14, 2024 – Tubulis today announced the successful completion of an upsized and oversubscribed €128 million ($138.8 million) Series B2 financing. The round
Press
AI Startup – Tomorrow Things – secures €1.5m to help the manufacturing industry save money by automating system integration efforts
Tomorrow Things simplifies and accelerates the complex digitalization of machines and connects them seamlessly to the industrial internet.
The “Cloud Connect” solution from Tomorrow Things allows non-technical users to create digital twins of machines in minutes – a process that usually takes days, sometimes even weeks. This saves up to 90 percent of costs.
The Bonn-based startup has secured €1.5m in funding to develop an AI-powered operating system for global machinery.
Th
Press
Breathing through the gut: MedTech startup O11 biomedical secures EIC Accelerator Grant and seed funding to accelerate growth.
Aachen-based MedTech start-up O11 uses the human gut as an alternative respiratory organ to improve the survival rate and quality of life of patients with severe respiratory distress.
O11 successfully closed a seed financing round with High-Tech Gründerfonds and secured an EIC Accelerator Grant.
Product RESPILIQ is rapidly approaching market approval.
Aachen, March 12, 2024 – Aachen-based medical technology start-up O11 biomedical GmbH secured its first seed finan
Press
Successful Exit for HTGF: Valispace Joins Forces with Altium in a Strategic Acquisition
Altium and Valispace are joining forces to accelerate the execution of a shared vision for empowering engineers.
HTGF was the first institutional investor and led the seed round in 2018 and has closely supported Valispace throughout all phases of their growth journey. As part of the deal HTGF will sell its shares.
Louise Lindblad, co-founder of Valispace: “We’re now excited to, together with Altium, continue our mission of empowering engineers to build great products,
Press
€1.6 million investment for XITO: Seed funding for easily accessible robotics
With the completed seed financing, XITO now has €1.6 million to expand sales and product development.
Toolify Robotics GmbH enables companies to implement robots independently with its XITO solution platform.
Thanks to their product XITO, especially SMEs can get started with automation at low cost – without programming knowledge and without external specialists.
Ulm, 22. February 2024 – The start-up Toolify Robotics, founded by the three robotics experts Dr. Dennis S
Press
ClimateTech startup Cyclize secures €5 Million in Seed Funding for revolutionary plastic recycling technology
Stuttgart, February 21, 2024 – Cyclize, the ClimateTech startup from Stuttgart, is forging ahead with €4.75 million in startup capital to initiate a revolution in the chemical industry – the goal: To replace fossil resources using innovative carbon recycling of plastic waste and CO2. The funding round is led by UVC Partners, with complementary investments from High-Tech Gründerfonds (HTGF), Aurum Impact, UnternehmerTUM Funding for Innovators, and high-profile business angels, includin
Press
Industrial 3D specialist Threedy Secures $10.4 Million in Latest Series A Investment Round
Threedy is a high-tech start-up founded in 2020 as a spin-off from Fraunhofer’s Institute for Computer Graphics Research (IGD) in Darmstadt, Germany. Three remarkably successful years after its foundation, Threedy has secured a $10.4 million investment to accelerate growth across industries and regions. New investors comprise LBBW Venture Capital, TRUMPF VENTURE, Futury Capital and EquityPitcher Ventures. The investment underlines Threedy’s strong position to capture a substantial market
Press
Altavo concludes Series A for the development of its Artificial Voice
February 20, 2024 – Altavo, a startup in AI-based voice rehabilitation founded in 2021, successfully closed its Series A financing round on February 1, 2024. A European consortium led by OCCIDENT is investing € 5.0m in the development of Altavo’s novel Artificial Voice.
Altavo’s Artificial Voice is a medical device designed to help voiceless people, for example after laryngectomy or during mechanical ventilation, regain their own, natural sounding voice. The proprietary “sil
Press
ATMOS on Track to Assemble its Space Cargo Return Capsule Prototype to fly into Space with an additional €1.3M in Funding
ATMOS successfully extends its initial seed financing round from June 2023, which was oversubscribed at €4 million, in preparation for assembling the first prototype of its Phoenix return capsule to fly into space and back
OTB Ventures, leading European SpaceTech investor, is joining the consortium of experienced space tech investors High-Tech Gründerfonds, the Amadeus APEX Technology Fund, Seraphim, E2MC, VENTIS and another.vc in showing continued strong support of ATMOS’ groundbre
Press
Frank Kerim Reinecke appointed new Partner at High-Tech Gründerfonds
Bonn, 6 February 2024 – Frank Kerim Reinecke has been appointed Partner at High-Tech Gründerfonds (HTGF), one of Europe’s leading seed investors, effective 1 January 2024. The former entrepreneur, IT consultant and initiator of a corporate venture capital unit has been working for HTGF’s Digital Tech team in Berlin since 2019.
His investments are focused on the area of B2B software, particularly fintech, blockchain and cyber security. His 12 portfolio companies include blockcha
Press
Supply Chain Visibility Platform BOX ID Accelerates Growth with €3.5M Financing Round
BOX ID raises €3.5M in financing round led by KPN Ventures
Funding round to accelerate product development and business expansion
Streamlining in- and outbound logistic flows for 60+ customers worldwide
BOX ID is recognized innovation leader and finalist in 2024 IFOY award
Garching, Germany, February 1st, 2024 – The Munich-based logistics software provider BOX ID has raised €3.5M to further scale its product offering for IoT-based supply ch
Press
Fresh Growth Capital: Innerspace secures € 5.7 Million for Further Expansion to the USA
Financing round secures Tyrolean start-up €5.7 million for continued growth
Cooperation agreement with global industry association “PDA”
Innsbruck, 1 February 2024. The Innsbruck-based tech start-up Innerspace, which enables risk assessment of production processes and effective training of cleanroom personnel for leading pharmaceutical companies using software and Virtual Reality (VR), can advance its growth trajectory after a highly succes
Press
Breakthrough for an Alternative to Crude Oil & Palm Oil: COLIPI Receives €1.8 Million Seed Funding for Further Development of CO2-Neutral Climate OilTM
The global annual demand for oil is staggering, with 4400 million tons of fossil oil and 210 million tons of vegetable oil, often sourced from palms. It is increasing, exacerbating the threat of global warming that poses a significant risk to humanity
The Hamburg-based startup COLIPI addresses this challenge with a patented Carbon Capturing & Biotransformation technology that will convert CO2 into Climate Oil. This Climate Oil is intended to have broad applications in the cosmetics a
Press
akirolabs Raises $5M in Seed Funding to Revolutionize Strategic Procurement
Founded in 2021, Berlin-based akirolabs empowers procurement organisations to unlock 4-5x higher sustainable business value beyond traditional cost savings.
The funding round was led by HTGF, OTB Ventures and D11Z. Ventures and strengthened by angel investments from industry leaders Fredrick Spalcke, Heiko Schwarz, Markus Ehrle, and Detlef Schultz.
The funds will be used to evolve akirolabs SaaS product and enhance its AI capabilities, as well as to further scale customer growth and b
Press
Chipmetrics Secures € 2.4 Million Seed Funding Round to Accelerate Product Innovation and Global Expansion
24.01.2024, Joensuu, Finland – Chipmetrics Ltd, the Atomic Layer Deposition (ALD) technology company and a pioneer in 3D ultra-high aspect ratio test elements for metrology of semiconductor and advanced thin film material manufacturing, announces the successful closure of a €2.4 million investment round. The international investor syndicate was led by High-Tech Gründerfonds (HTGF) and co-led by OCCIDENT from Germany. Other investors were Innovestor, REDSTONE and BALD Engineering.