Coredinate

New investor MWN Equity Investment and Bayern Kapital Innovationsfonds ERFE take stake Coredinate, a software-as-a-service (Saas) company based in Uffenheim, Bavaria, has successfully closed a €1.9 million financing round. Alongside existing investors such as High-Tech Gründerfonds, Bayern Kapital has invested in the firm once again – this time using funds from its innovation fund BayernKapital Innovationsfonds ERFE, which replaces SeedFonds Bayern, the vehicle used for its previous inve

Up to now, special and upscale hardware was required to document the work done in the security business. With traditional systems, the high subsequent cost in the back office was quite common due to the necessity of preparing the data first. In the future, with the system developed by the startup company COREDINATE GmbH at Uffenheim just having a smartphone will be good enough. This will totally eliminate the time-consuming data collection. The High-Tech Gründerfonds invests in this innovative