#bytevaria Oct 14, 2019

Investment news in Bavaria: who has invested where?

The last few months have been significant for the global economy. A great deal has also happened in Bavaria and some companies have received new investments from international investors. We briefly present a few of them.

ProGlove °combines°advanced scanner technology with industry-standard gloves to simplify workflow. 
How much money was invested: USD 40 million
The biggest investor: Summit Partners
We already reported on ProGlove here:°A close look at Bavaria’s regions: Upper Bavaria

The Munich start-up Holidu operates a search engine for holiday homes.
How much money was invested: EUR 40 million
The biggest investors are:
•    Prime Ventures
•    Coparion
•    Mairdumont Ventures

Klarx leases construction machinery to make construction projects cheaper and more sustainable through the "Sharing Economy".
How much money was invested: EUR 12.5 million
The biggest investors are:
•    B&C Innovation Investments GmbH (BCII)
•    Target Global 

Inveox is a Garching-based company that has been making cancer diagnosis more reliable through AI and high-tech since its foundation in 2017.
How much money was invested: EUR 17 million
The biggest investors are: the investors and business angels are not named.
We have already reported on Inveox here: AI in Medicine

Developed with the help of KI, e-bot7°chat bots for customer support.
How much money was invested: EUR 5.5 million
The biggest investors are:

We have already reported on e-bot7 here: Artificial Intelligence in Bavaria

The Eyecandylab start-up from Munich focuses on presenting augmented reality for video and TV programmes. 
How much money was invested: USD 1.5 million
The biggest investors are: 
•    Band of Angels (investment group from the Silicon Valley)
•    LG Technology Ventures 

The Kaia Health start-up uses AI to develop personalised, app-based treatment programmes for back pain.
How much money was invested: EUR 7.3 million
The biggest°investor: Optum Ventures 
We recently reported on Kaia Health here: KI in der Medizin