Munich, Germany \u2014 Blick\u00adfeld, a Munich-based provi\u00adder of LiDAR sensor tech\u00adno\u00adlogy and percep\u00adtion soft\u00adware, announ\u00adced the expan\u00adsion of its Series A finan\u00adcing to $31 million. New Future Capi\u00adtal (NFC), a private equity firm that provi\u00addes growth capi\u00adtal prima\u00adrily in Asia, North America and Europe, was won as a new inves\u00adtor. In addi\u00adtion, all exis\u00adting inves\u00adtors parti\u00adci\u00adpa\u00adted in the round, inclu\u00adding Bayern Kapi\u00adtal, Conti\u00adnen\u00adtal, Fluxu\u00adnit \u2014 ams OSRAM Ventures, High-Tech Gr\u00fcn\u00adder\u00adfonds, Tengel\u00admann Ventures and UVC Partners.<\/p>\n
New invest\u00adment supports the deve\u00adlo\u00adp\u00adment of new products for auto\u00adno\u00admous driving and nume\u00adrous indus\u00adtrial appli\u00adca\u00adti\u00adons and the inter\u00adna\u00adtio\u00adna\u00adliza\u00adtion of the busi\u00adness. The finan\u00adcing expan\u00adsion comes at a time when Blick\u00adfeld is growing signi\u00adfi\u00adcantly and expan\u00adding into new markets. The company plans to conti\u00adnue deve\u00adlo\u00adping sensors and soft\u00adware that will further advance the relia\u00adble acqui\u00adsi\u00adtion and use of 3D data.<\/p>\n
Foun\u00added by Dr. Mathias M\u00fcller, Dr. sc. Florian Petit and Rolf Wojtech in 2017, Blick\u00adfeld deve\u00adlops and produ\u00adces LiDAR sensors and percep\u00adtion soft\u00adware. The solu\u00adti\u00adons provide high-reso\u00adlu\u00adtion three-dimen\u00adsio\u00adnal envi\u00adron\u00admen\u00adtal infor\u00adma\u00adtion and enable nume\u00adrous appli\u00adca\u00adti\u00adons ranging from auto\u00adno\u00admous trans\u00adpor\u00adta\u00adtion and mobi\u00adlity to smart cities, indus\u00adtrial appli\u00adca\u00adti\u00adons and secu\u00adrity applications.<\/p>\n
Since the last funding, Blick\u00adfeld has made signi\u00adfi\u00adcant progress in brin\u00adging products to market, inclu\u00adding the volume launch of the versa\u00adtile Cube 1 and Cube Range 1 3D LiDAR sensors for nume\u00adrous indus\u00adtrial appli\u00adca\u00adti\u00adons. In addi\u00adtion, the company has rolled out seve\u00adral large-scale deploy\u00adment projects, such as passen\u00adger flow capture and analy\u00adsis at airports and bulk mate\u00adrial volume measu\u00adre\u00adment in product warehouses.<\/p>\n
In addi\u00adtion to the company\u2019s current distri\u00adbu\u00adtion part\u00adners in 13 count\u00adries, inclu\u00adding Germany, Canada, China and Japan, the new round of funding will support the opening of offices in the U.S. and Asia, furthe\u00adring Blick\u00adfel\u00add\u2019s inter\u00adna\u00adtio\u00adnal presence. The new offices will serve to expand an inte\u00adgra\u00adtor network to make products available faster and in grea\u00adter quan\u00adti\u00adties for appli\u00adca\u00adti\u00adons world\u00adwide and to serve growing demand in the key markets of the U.S. and Asia. In addi\u00adtion to growth in new markets, the number of employees will also increase signi\u00adfi\u00adcantly, with a focus on the sales team.<\/p>\n
In early 2022, Blick\u00adfeld will expand its product port\u00adfo\u00adlio to include new percep\u00adtion soft\u00adware with features such as object reco\u00adgni\u00adtion, clas\u00adsi\u00adfi\u00adca\u00adtion, track\u00ading and coun\u00adting. Appli\u00adca\u00adtion areas include indus\u00adtrial, smart traf\u00adfic, secu\u00adrity, drones and crowd analy\u00adtics. The latter repres\u00adents a major oppor\u00adtu\u00adnity for the global appli\u00adca\u00adtion of field-of-view tech\u00adno\u00adlogy, provi\u00adding important data on conges\u00adtion, crow\u00adding, waiting times, and more \u2014 all while main\u00adtai\u00adning privacy.<\/p>\n
\u201cThe addi\u00adtio\u00adnal funding in this invest\u00adment round confirms inves\u00adtors\u2019 contin\u00adued confi\u00addence in our vision to capture and analyze the world with a compre\u00adhen\u00adsive solu\u00adtion. We are proud that our products are now used by compa\u00adnies and orga\u00adniza\u00adti\u00adons all over the world! The strong network of our new inves\u00adtor NFC in Asia and the US will be of great value for Blick\u00adfeld to gain a fast and sustainable foot\u00adhold in the US and Asia,\u201d Dr. Mathias M\u00fcller, co-foun\u00adder and CEO of Blickfeld<\/p>\n
\u201cAs a long-time part\u00adner, we have supported Blick\u00adfeld from the begin\u00adning. By combi\u00adning Blick\u00adfel\u00add\u2019s proprie\u00adtary MEMS tech\u00adno\u00adlogy with our indus\u00adtry-leading 905 nm edge emit\u00adting laser compon\u00adents, Blick\u00adfel\u00add\u2019s sensors demons\u00adtrate the capa\u00adbi\u00adli\u00adties of LiDAR tech\u00adno\u00adlogy in real-world use cases and at indus\u00adtrial scale. We look forward to conti\u00adnuing to support Blick\u00adfel\u00add\u2019s growth trajec\u00adtory in the future.\u201d J\u00f6rg Strau\u00df, Senior Vice Presi\u00addent & Gene\u00adral Mana\u00adger Busi\u00adness Line Visua\u00adliza\u00adtion & Laser at ams OSRAM.<\/p>\n
About field of view About Bayern Kapital<\/strong> About Conti\u00adnen\u00adtal<\/strong> About Fluxu\u00adnit \u2014 ams OSRAM Ventures<\/strong> About New Future Capi\u00adtal (NFC)<\/strong> About Tengel\u00admann Ventures<\/strong> About UVC Partners<\/strong> About High-Tech Gr\u00fcnderfonds<\/strong> Munich, Germany \u2014 Blick\u00adfeld, a Munich-based provi\u00adder of LiDAR sensor tech\u00adno\u00adlogy and percep\u00adtion soft\u00adware, announ\u00adced the expan\u00adsion of its Series A finan\u00adcing to $31 million. New Future Capi\u00adtal (NFC), a private equity firm that provi\u00addes growth capi\u00adtal prima\u00adrily in Asia, North America and Europe, was won as a new inves\u00adtor. In addi\u00adtion, all exis\u00adting investors [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":39132,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1369,1373],"tags":[],"class_list":["post-40204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-investors","category-venture-capital-en"],"yoast_head":"\n
\n<\/strong>
\nBlick\u00adfeld, foun\u00added in Munich in 2017, is a provi\u00adder of 3D LiDAR products and percep\u00adtion soft\u00adware for auto\u00adno\u00admous vehic\u00adles and IoT appli\u00adca\u00adti\u00adons. Blick\u00adfeld LiDAR products meet the highest perfor\u00admance requi\u00adre\u00adments in terms of power, cost and size needed for the mass market. The company is finan\u00adci\u00adally supported by Bayern Kapi\u00adtal, Conti\u00adnen\u00adtal, Fluxu\u00adnit \u2014 ams OSRAM Ventures, High-Tech Gr\u00fcn\u00adder\u00adfonds, New Future Capi\u00adtal, Tengel\u00admann Ventures and UVC Part\u00adners. \u2014 www.blickfeld.com<\/p>\n
\nBayern Kapi\u00adtal GmbH, head\u00adquar\u00adte\u00adred in Lands\u00adhut, was estab\u00adlished in 1995 as a wholly owned subsi\u00addiary of LfA F\u00f6rder\u00adbank Bayern on the initia\u00adtive of the Bava\u00adrian state govern\u00adment. As the venture\/growth capi\u00adtal company of the Free State of Bava\u00adria, Bayern Kapi\u00adtal provi\u00addes equity capi\u00adtal to the foun\u00adders of inno\u00adva\u00adtive high-tech compa\u00adnies and inno\u00adva\u00adtive tech\u00adno\u00adlogy compa\u00adnies in Bava\u00adria. Bayern Kapi\u00adtal mana\u00adges specia\u00adli\u00adzed invest\u00adment funds with an invest\u00adment volume of around 700 million euros. To date, Bayern Kapi\u00adtal has inves\u00adted over 350 million euros of venture capi\u00adtal in around 300 inno\u00adva\u00adtive, tech\u00adno\u00adlogy-orien\u00adted compa\u00adnies from a wide range of sectors, inclu\u00adding life scien\u00adces, soft\u00adware & IT, mate\u00adri\u00adals & new mate\u00adri\u00adals, nano\u00adtech\u00adno\u00adlogy and envi\u00adron\u00admen\u00adtal tech\u00adno\u00adlogy. Bayern Kapi\u00adtal has supported the compa\u00adnies EOS Elec\u00adtro Opti\u00adcal Systems, conga\u00adtec, Morpho\u00adSys, voxel\u00adjet, parcel\u00adLab, SimS\u00adcale and many others, some of which are listed on the stock exch\u00adange and are now market leaders in their sectors, from an early stage in the realiza\u00adtion of their projects and also in large-volume finan\u00adcing rounds. As a result, more than 8,000 jobs have been perma\u00adnently crea\u00adted in Bava\u00adria in sustainable compa\u00adnies. www.bayernkapital.de<\/p>\n
\nConti\u00adnen\u00adtal deve\u00adlops pionee\u00adring tech\u00adno\u00adlo\u00adgies and services for the sustainable and connec\u00adted mobi\u00adlity of people and their goods. Foun\u00added in 1871, the tech\u00adno\u00adlogy company provi\u00addes safe, effi\u00adci\u00adent, intel\u00adli\u00adgent and afforda\u00adble solu\u00adti\u00adons for vehic\u00adles, machi\u00adnery, traf\u00adfic and trans\u00adpor\u00adta\u00adtion. Conti\u00adnen\u00adtal gene\u00adra\u00adted sales of \u20ac37.7 billion in 2020 and curr\u00adently employs more than 192,000 people in 58 count\u00adries and markets. The company cele\u00adbra\u00adted its 150th anni\u00adver\u00adsary on Octo\u00adber 8, 2021. www.continental.com\/de\/<\/p>\n
\nFluxu\u00adnit \u2014 ams OSRAM Ventures is the inde\u00adpen\u00addent venture capi\u00adtal unit of OSRAM. Buil\u00adding on OSRAM\u2019s market leader\u00adship, the Fluxu\u00adnit invests in start-ups in future tech\u00adno\u00adlo\u00adgies that go beyond OSRAM\u2019s core busi\u00adness and bring with them the poten\u00adtial to open up new appli\u00adca\u00adti\u00adons and signi\u00adfi\u00adcantly change busi\u00adness models. The goal of the Fluxu\u00adnit is to provide start\u00adups with signi\u00adfi\u00adcant support, both in terms of capi\u00adtal and access to OSRAM\u2019s resour\u00adces and network, in order to acce\u00adle\u00adrate their growth.
\nwww.fluxunit.de<\/p>\n
\nNew Future Capi\u00adtal is one of the best known inves\u00adtors in Grea\u00adter China and focu\u00adses on the auto\u00admo\u00adtive sector with offices in Taipei and Shang\u00adhai. Lever\u00adaging its indus\u00adtry exper\u00adtise and opera\u00adtio\u00adnal capa\u00adbi\u00adli\u00adties, the company aims to part\u00adner with busi\u00adnesses to trans\u00adform and grow toge\u00adther amid rapid inno\u00adva\u00adtion. With a hands-on approach at stra\u00adte\u00adgic and opera\u00adtio\u00adnal levels, NFC supports busi\u00adness values and stri\u00adves for long-term success. www.newfuturecapital.com<\/p>\n
\nTengel\u00admann Ventures has been inves\u00adt\u00ading in start-ups in the consu\u00admer inter\u00adnet, digi\u00adtal services and emer\u00adging tech\u00adno\u00adlo\u00adgies sectors since 2009. With around 50 invest\u00adments, Tengel\u00admann Ventures is one of the most important venture capi\u00adtal inves\u00adtors in Germany. Its best-known invest\u00adments include compa\u00adnies such as Zalando (IPO), Deli\u00advery Hero (IPO), Klarna, Scalable Capi\u00adtal and data Artisans.
\nwww.tengelmann-ventures.com<\/p>\n
\nUVC Part\u00adners is a Munich and Berlin based early-stage venture capi\u00adtal firm inves\u00adt\u00ading in Euro\u00adpean B2B start\u00adups within the enter\u00adprise soft\u00adware, indus\u00adtrial tech\u00adno\u00adlo\u00adgies and mobi\u00adlity sectors. The fund usually invests between \u20ac0.5 million and \u20ac5 million at the outset and up to \u20ac20 million in total per company. The port\u00adfo\u00adlio compa\u00adnies bene\u00adfit from the exten\u00adsive invest\u00adment and exit expe\u00adri\u00adence of the manage\u00adment team as well as from the close coope\u00adra\u00adtion with Unter\u00adneh\u00admer\u00adTUM, Euro\u00adpe\u2019s leading center for inno\u00adva\u00adtion and busi\u00adness crea\u00adtion. With over 300 employees and more than 100 indus\u00adtry part\u00adners, Unter\u00adneh\u00admer\u00adTUM can draw on many years of expe\u00adri\u00adence in buil\u00adding young compa\u00adnies. This colla\u00adbo\u00adra\u00adtion allows UVC Part\u00adners to provide start\u00adups with unique access to talent, indus\u00adtry clients and other finan\u00adcial part\u00adners. www.uvcpartners.com<\/p>\n
\nThe seed inves\u00adtor High-Tech Gr\u00fcn\u00adder\u00adfonds (HTGF) finan\u00adces tech\u00adno\u00adlogy start-ups with growth poten\u00adtial. With a volume of around EUR 900 million spread across three funds and an inter\u00adna\u00adtio\u00adnal part\u00adner network, HTGF has supported more than 650 start-ups since 2005. His team of expe\u00adri\u00aden\u00adced invest\u00adment mana\u00adgers and start-up experts supports the young compa\u00adnies with know-how, entre\u00adpre\u00adneu\u00adrial spirit and passion. The focus is on high-tech start-ups in the fields of digi\u00adtal tech, indus\u00adtrial tech, life scien\u00adces, chemis\u00adtry and rela\u00adted busi\u00adness areas. More than EUR 3.5 billion in capi\u00adtal has been inves\u00adted in the HTGF port\u00adfo\u00adlio by exter\u00adnal inves\u00adtors in more than 1,800 follow-on finan\u00adcing rounds to date. In addi\u00adtion, the fund has alre\u00adady successfully sold shares in more than 140 companies.<\/p>\n","protected":false},"excerpt":{"rendered":"