26. September 2024
Around 5 million euros for the AI-based data platform in the property sector: syte secures fresh capital in seed round
Münster, 26 September 2024 – syte, the winner of the German AI Award 2023 in the ‘Start-up’ category, has successfully raised around 5 million euros in a seed round. The fresh capital will support syte in its mission to digitalise and decarbonise the real estate industry through an AI-based data platform and B2B SaaS.
The financing round was led by the companies of the Schwarz Group. The two other new investors, investment company Vantage Value and CVC vent.io, as well as existing
10. April 2024
Proxima Fusion Raises €20M Seed to Accelerate Timeline to Fusion Power
Less than one year from its €7.5M pre-seed round, the first Max Planck fusion spin-out has delivered on its vision of simulation-enabled stellarator design.
New funding supports expansion of the world-class team in Munich and its public-private partnerships in Europe to build on existing momentum.
Proxima Fusion directly builds on €1.3B of public investment in the ground-breaking W7-X experiment in Germany.
Munich, Germany, April 10, 2024 – Proxima Fusion, the first spi
21. February 2024
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
23. January 2024
Instagrid raises $95mn and enters the North American market
Series C round led by Teachers’ Venture Growth (“TVG”) as part of climate tech strategy
Company well-positioned to capitalise on huge, growing demand for clean portable power
Stuttgart, Germany [23 January 2023]: Europe’s leading provider of high-performance portable battery systems, Instagrid, today announces a Series C funding round of $95 million. The round was led by Teachers’ Venture Growth (TVG), part of the C$250bn Ontario Teachers’ Pension Plan, with parti
25. September 2023
traceless materials secures €36.6 Million Series A to build first industry plant for bio-circular alternative to plastic
The financing round was led by UB FIGG and SWEN CP’s Blue Ocean fund. traceless materials secures the funding to expand the production capabilities for its innovative biomaterial technology to industrial scale.
Hamburg, Germany – September 25, 2023. Bioeconomy startup traceless, which produces a natural biomaterial as an alternative to plastic, announces the completion of a €36.6 million funding round. The Series A funding round is led by private equity fund UB Forest Industry G
9. August 2023
German robotic Start-up is Ready to Shape the Future of Automation in Textile Industry
Munich, Germany, 9 August 2023 – Munich-based deep tech start-up sewts closed a €7m series A financing round with an impressive set of top tier investors on board. The funding round was dominated by international leading industrial and tech investors: Emerald Technology Ventures, CNB Capital, EquityPitcher Ventures and Nabtesco Technology Venture as new investors, as well as further contributions from existing shareholders Bayern Kapital, APEX Ventures and HTGF. With the new funding
30. May 2023
A European champion for fusion: Proxima Fusion spins out of the Max Planck Institute for Plasma Physics
Munich, May 30th 2023 – Proxima Fusion, a fusion start-up that is designing fusion power plants based on the stellarator concept, completed its pre-seed fundraising of €7m. The fundraising is co-led by Plural and UVC Partners, and joined by High-Tech Gründerfonds (HTGF) and the Wilbe Group.
Proxima Fusion is the first spin-out from the Max Planck Institute for Plasma Physics (IPP). The startup was founded by former scientists and engineers from the Max Planck IPP, MIT, and Google
