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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.
Amazing news for @ProGlove: the #Bavaria-based provider of smart wearables has secured a $40 million fund from @SummitPartners. ProGlove will thus continue to find unprecedented ways of connecting industrial workers with the #InternetofThings!https://t.co/O8qpeNHZ50
— Invest in Bavaria (@InvestinBavaria) September 11, 2019
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
40 and 12,5 million of funding to further develop their #visions – the two Munich #startups @holidu and @klarx_com continue their roads of success. Congratulations! #SuccessInBavaria #Bytevaria #Bavaria
— Invest in Bavaria (@InvestinBavaria) September 25, 2019
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
#startup #ArtificialInteligence #lifesciences https://t.co/6GgwSA9837
— Invest in Bavaria (@InvestinBavaria) August 8, 2019
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
Munich-based #AI startup @Ebot7Info scores €5.5 million in Series A funding for its European expansion - congrats
— Invest in Bavaria (@InvestinBavaria) August 21, 2019
-> https://t.co/bCzzjM97iz #bavaria #startup #ArtificialIntelligence #Funding #Munich
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:
- RTP Global
- 42CAP
- Main Incubator (Commerzbank subsidiary)
We have already reported on e-bot7 here: Artificial Intelligence in Bavaria
Congrats to the team of @eyecandylab from #Munich for its amazing progress! #startup #AR #VirtualReality https://t.co/RQ2nQvUCE9
— Invest in Bavaria (@InvestinBavaria) September 13, 2019
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
#digitalhealth in your pocket: The app Kaia is the physiotherapist on your smartphone – @kaiahealth, the #Munich-based company working together with pain experts, got another 7 million € to cure backpain with #AI – good job! https://t.co/k8Nuuu4aTA#SuccessInBavaria #Bavaria
— Invest in Bavaria (@InvestinBavaria) September 26, 2019
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