Multimillion funding commitment for Munich-based high-tech start-up tacterion provided by the Unger consortium in Weiden

MUNICH   The Munich-based high-tech start-up tacterion has agreed to a long-term partnership with the Unger consortium in Weiden with the goal of introducing innovative sensor technology to the market. Bavaria's Minister for Economic Affairs Ilse Aigner sees the involvement by Unger as a signal for the future: “The conditions young enterprises in Bavaria, Germany or Europe face when attempting to secure funding are quite difficult when compared to the USA. The commitment by the Unger consortium in Weiden is a positive signal for Bavaria as a business location. Bavaria is home to many outstanding high-tech start-ups which offer excellent opportunities for long-term, successful investments thanks to their innovative technologies.”

Specifically, we are talking about a multimillion financing which is to provide the start-up the opportunity to develop into a successful and, over the long term, profitable technology company. The investment was brokered by the Bavarian BayStartUP financing network, which in turn is financially supported by the Bavarian Ministry of Economic Affairs and others. This most recent brokering brings the amount of capital BayStartUP has brokered in 2016 to a record EUR 65 million.

tacterion is a spin-off of the German Aerospace Center (DLR). The company develops and sells completely stretchable sensor technology based on the results of many years of research at DLR. This makes product surfaces and machine interaction surfaces touch-sensitive, thus making the interaction between man and technology significantly more intuitive. The fields of application for this new technology are virtually unlimited: robotics, medical technology or even the automotive sector.