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SimScale secures Series A financing round led by Union Square Ventures for its web-based simulation technology
SimScale, the web-based simulation company, today announced it has closed its Series A funding round, led by Union Square Ventures with support from Earlybird Venture Capital and angel investor Axel Bichara. The funding will be used to accelerate its vision of bringing high-performance 3D simulation technology to designers and engineers everywhere.
Companies use SimScale’s platform to virtually test their designs in-browser, improving their product development process. With SimScale, small
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Berlin-based music-learning platform Skoove raises €3M in new investment round
Skoove, a Berlin-based music tech start-up has successfully secured an investment of €3M. Caparuca, MGO Digital Ventures and Ringier Digital Ventures join existing investors Egora Holding, IBB Beteiligungsgesellschaft and High-Tech Gründerfonds (HTGF).
Skoove, the piano e-learning platform founded in 2014, is on a mission to make music education accessible to everyone regardless of income or education. With genuine guidance and feedback from the app (available on iOS and in browser), peopl
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SimScale: HTGF, Bayern Kapital and a Business Angel consortium invest in web-based simulation technology
SimScale, a web-based engineering simulation platform, proves that modern simulation technology can be available to industrial product development with cost efficiency and high flexibility. SimScale gives engineers access to a broad variety of simulation tools coupled with scalable computing power and interactive collaboration features. With HTGF, Bayern Kapital and a consortium of Business Angels, SimScale has found strong partners for the further development of its platform.
Simulation tech
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Karlsruhe-based AI testing start-up retest secures six-figure seed investment by High-Tech Gründerfonds (HTGF)
Innovative technology solves problems with software tests through an AI-supported and agile automation solution
Today's software systems are complex, and many internal dependencies remain unclear. As a result, changes to the software lead to undesired side effects that often go unnoticed, i.e. an existing and already tested functionality is impaired. In order to prevent such regressions, software must be tested again and as completely as possible after each change. Previous automation solutions
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hema.to raises €3.6M to bring precision diagnostics to immune medicine using AI-assisted analysis of single-cell blood data
Making clinical analysis of blood data automated & personalized
hema.to’s mission is to make the clinical analysis of blood data — called cytometry — automated and fully objective to enable personalization of treatment to every person’s unique immune system. Currently, even for skilled laboratory personnel, cytometry analysis is a laborious process that has a large degree of subjectivity. hema.to’s mission is now backed by Elaia Partners, Heal Capital and High-Tech Gründerf
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High-Tech Gruenderfonds invests in a competition monitoring tool for hotels
HQ plus developed competition monitoring tool and closes its first round of financing with the High-Tech Gruenderfonds. The tool helps the hotel owners to adjust their room rates based on price changes in the local competition and market anomalies.
HQ plus GmbH is on road to success with its web-based competition monitoring solution (www.hqplus.eu). HQ plus shows the hotel owner at a glance how his room rates are compared to his competitors for the next 365 days. Its customers includes inter
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Cloud Solutions Provider gridscale Announces €7 Million Series A Funding
Endeit Capital and EnBW New Ventures lead the round
Existing investors EnjoyVenture and High-Tech Gründerfonds also participate
Investment will strengthen gridscale’s technology platform and enable further international expansion
gridscale, the Cologne-based provider of innovative Infrastructure-as-a-Service and Platform-as-a-Service solutions (IaaS, PaaS), has raised €7 million growth capital in its Series A financing round. The round is lead by Endeit Capital and EnBW New Ventures
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Solar Utility Sunvigo raises EUR 20 million
Future Energy Ventures, Triodos Energy Transition Europe Fund and existing Sunvigo shareholders invest EUR 12 million growth capital
DKB AG provides another EUR 7.5 million to finance Sunvigo’s residential solar PV systems, batteries and e-vehicle charging solutions
Sunvigo to use growth funding to scale its smart solar-as-a-service proposition and further develop its virtual power plant
Cologne 18th of April, 2023 – Leading greentech investors Future Energy Ventures (
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CommSolid Secures Funding for its NarrowBand-IoT Product Development
HTGF and MBG Invest in Future Cellular IoT Technologies
CommSolid, the cellular IoT IP company, has completed its first funding round to provide leading edge ultra-low power solutions for the growing cellular IoT market. This market, often referred to as Low Power Wide Area Network (LPWAN) market, demands highly optimized and easy to integrate communication solutions for the newly defined NarrowBand-IoT standard, allowing every sensor and actuator to be directly connected to the Internet. On
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Embedded security startup Emproof secures €2m seed financing from European investor syndicate
Eindhoven/Bochum, July 12th, 2022 – Emproof B.V. successfully closed a € 2 million seed financing round, which enables the company to further develop its product range and serve customers in Europe and the USA. This financing round is led by the Dutch investment group TIIN Capital through its Dutch Security TechFund, alongside High-Tech Gründerfonds from Germany and the French venture capitalist Cyber Impact. Emproof has developed a unique technology which protects resource constrained
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Noscendo closes Financing Round for CE Certification and Market Entry Preparation of Platform Diagnostics for Bloodstream Associated Infections
The diagnostic procedures developed by Noscendo help intensive care clinicians to identify the relevant pathogens in bloodstream associated infections. Munich-based family office Wieland Capital, HTGF and three business angels with in-depth knowledge of the diagnostics industry are jointly investing a seven-digit sum of Euros into Noscendo GmbH. These funds will enable Noscendo to receive approval for its medical device and prepare for the market entry of Noscendo’s proprietary diagnostic plat
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Edtech startup Sdui extends Series A funding round to €25 million
2023-02-01, Koblenz (Germany) – German startup Sdui secures follow-on funding to invest in scaling the business. Sdui builds the operating system foreveryday digital education and facilitates communication and organisation in schools and daycare centres with functions such as chat, digital class book or cloud. By focusing on internationalization and the extension of its product, Sdui will position itself more broadly as a reliable and innovative digitalisation partner for educational i
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Kumovis closes Series A funding led by Renolit and Solvay
3D printing system developer to enter new markets, accelerate growth, and enable medical device manufacturers to leverage the full potential of high-performance polymers
Kumovis, the developer of the world’s first 3D printer with clean room integration, today announced that it has raised a €3.6 million Series A funding round. In Renolit SE and Solvay Ventures, the Munich-based start-up has found two additional partners on its way to establish industrial additive manufacturing systems
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FarmInsect closes seven-figure seed investment round to build regional insect breeding facilities
Munich, August 17, 2021 – FarmInsect has set itself the goal of making agriculture more sustainable with the help of insects. The startup enables farmers to produce protein-rich feed from regional residues using insect larvae. With the seven-figure financing round, led by High-Tech Gründerfonds and Bayern Kapital, FarmInsect aims to establish a production site for breeding larvae and larvae rearing facilities on-site to farmers. The round is also supported by 5x Ventures, Genea Invest
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High-Tech Gruenderfonds, Hasso Plattner Ventures and Nemetschek Allplan Systems GmbH invest in Berlin-based construction software start-up – Sablono GmbH
The Berlin-based start-up Sablono has successfully completed its first financing round. High-Tech Gruenderfonds (HTGF), Hasso Plattner Ventures and the construction software manufacturer Nemetschek Allplan take a joint share in the company. The winner of this year's founders’ competition “IKT Innovativ” develops innovative software solutions for digital planning, controlling and supervision of building projects.
Complex building projects are often a major challenge for all parties invo
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lino Biotech closes seed financing round and showcases a novel label-free biosensor platform for innovate modern drug screening
After almost a decade of initial invention and joint research on the Focal Molography technology at Roche, a leading player in the diagnostics and pharmaceutical area, and ETH Zurich as one of Europe’s most renowned research institutes, lino Biotech AG has licensed the technology to further develop and commercialize Focal Molography. The company has received 7-digit financing from lead-investors HTGF, Roche Ventures and several family offices.
This broadly patented technology offers lab