Investors in sensor technology for ambient data top up to EUR 8.5 million
Recently, the company founded in 2017 by Mathias Müller, Florian Petit and Rolf Wojtech (photo from left to right) received new money. The existing investors, Flixbus investor UnternehmerTum Venture Capital Partners, Fluxunit, the investment arm of lighting manufacturer Osram, High-Tech Gründerfonds (HTGF) and Tengelmann Ventures have increased their investment to 8.5 million euros. In a first round they had given 3.6 million euros.
The fresh capital is to be used, among other things, for series production, which will start next year. The plan is to deliver “several hundred” sensors to customers in the first half of 2019 as part of the initial pilot series, he said. The startup explains that it is currently negotiating with major automotive suppliers, among others. How much the first sensors produced by European manufacturers will cost has not yet been determined, they say. In the long term, the price should drop to a few hundred euros.