Unternehmertum Venture Capital Partners invests in ELISE

ELISE raises €3 million Seed Round to expand its Generative Engineering software

  • ELISE develops a Generative Engineering software to automate product development processes
  • Beta software users include leading OEMs and Tier1s in the automotive and aerospace industry such as BMW, MAN, Ariane Group and Brose
  • Three million euros funding mark one of the largest Seed Rounds for deep-tech startups in Germany

Bremen, 04.11.19 – ELISE, a deep-tech startup developing a Generative Engineering software to automate the product development process raises €3 million in a seed financing round. “We are very excited about our seed round financing as it enables us to extend the functionality of our software”, says Dr. Moritz Maier, co-founder of ELISE. The round led by UVC Partners and Cherry Ventures, who invest alongside BMW iVentures and Venture Stars, is intended to speed-up product development of ELISE as well as its market entry. 

ELISE aims to fundamentally change the process of how parts are designed. Today engineers usually start their product design journey based on sketches and 3D models, imagining how the product will look like at the end. Advances in additive manufacturing, however, nowadays allow for many more degrees of freedom and entirely new shapes and structures that the human brain can hardly come up with. ELISE, hence, instead starts with collecting the requirements of parts, such as its load cases, size, costs and subsequently helps engineers shape a product out of it. Along the way ELISE allows the engineer to include requirements from various other stakeholders, therefore skipping lengthy feedback loops that stretch product development timelines today.

 „ELISE enables engineers to automate multiple time-consuming steps of the product design process.”, says Tobias Jahn, Principal at BMW iVentures. “We observed high-efficiency gains during the initial usage at the BMW Group and are convinced that such achievements are also possible at scale throughout the rest of the organization.” Co-founder Sebastian Möller resumes “The way we develop technical products tomorrow will be fundamentally different from today”. 

In an exclusive beta phase with leading OEMs and Tier1s from the automotive and aerospace industry such as BMW, MAN, Ariane Group and Brose, ELISE has validated its software over the past 12 months and demonstrated huge value-add, saving engineers up to 90% of the time in designing products. “After several years of research and development, we have shown our proprietary software to selected partners for the first time and are overwhelmed by their feedback”, co-founder Daniel Siegel says. Benjamin Erhart, Partner with UVC concludes: “We are looking forward to supporting the team with our expertise in building B2B businesses and with leveraging our industry network. In the long run, we expect a broad adoption of ELISE – and we are in for accelerating this journey.” 

 

About ELISE

ELISE was founded in 2018 as a spin-off from the Alfred-Wegener-Institute, a renowned German research center. ELISE develops software that empowers engineers to visually create end-to-end workflows for automated product development by adding established modeling and simulation tools to Generative Design.

For more info, visit ELISE at Formnext (booth C72) or elise.de

 

About UVC Partners:

Unternehmertum Venture Capital Partners (UVC Partners) is a Munich- and Berlin-based early-stage venture capital firm that invests in technology-based startups in the areas of industrial technologies, enterprise software and mobility. The fund typically invests between € 0.5 – 3m initially and up to € 12m in total per company.

Portfolio companies benefit from the extensive investment and exit experience of the management team as well as from the close cooperation with UnternehmerTUM, Europe’s leading innovation and business creation center. With over 180 employees and more than 100 industry partners, UnternehmerTUM can draw from many years of experience in establishing young companies. This cooperation enables UVC Partners to offer startups unique access to talent, industry customers, and other financial partners. The portfolio includes investments such as FlixBus, Carjump (Free2Move), KONUX, Blickfeld, 3YOURMIND and Vimcar.

www.uvcpartners.com

Unternehmertum Venture Capital Partners invests in HQS

HQS Quantum Simulations closes € 2,3 million seed financing round

  • HQS enables chemical and material science companies with quantum chemical and advanced material simulations to use medium-term available NISQ processors
  • UVC Partners, HTGF, and btov lead seed financing round
  • Funding used to strengthen world-leading quantum simulation team 

Munich, 21.10.2019From the development of more powerful batteries to highly efficient solar cells, finding new materials with specific predefined properties is of critical importance. So far our ability to design new materials using simulation tools has been limited by the lack of sufficient computational power. Designing new materials requires us to understand material properties on the atomic level where the laws of physics are governed by quantum mechanics. Even supercomputing centers can at most solve tiny quantum problems. However, with the rise of quantum computers, our capability to design completely new materials will change drastically. HQS provides the software to facilitate the coming revolution in computationally supported material design. HQS is a spin-off from the Karlsruhe Institute of Technology and provides software for quantum computers. It was founded in 2017 by Dr. Iris Schwenk, Dr. Sebastian Zanker, Dr. Jan Reiner and Dr. Michael Marthaler. 

The four founders had worked together for four years at the KIT and then took the step to bridge the gap between academia and industrial applications. Initially backed by Angel investors Friedrich Hoepfner and Manfred Ziegler, HQS has now closed a seed round of € 2,3 million with experienced deep-tech investors UVC Partners, HTGF, and btov. 

“The team of HQS unites leading technical and entrepreneurial skills and thus is well-positioned to make quantum computing accessible for its industrial customers,” states Benjamin Erhart, Partner with UVC Partners. 

“At HQS we drive innovation by bringing together a group of exceptional scientists from physics, chemistry, and quantum information in a working environment that combines creativity with a clear focus on product development”, says COO Iris Schwenk. HQS seeks to substantially expand its team in the coming quarters and invites top talents with domain expertise to apply. 

HQS has well-established collaborations with BASF, Bosch and Merck. These collaborations connect the chemistry industry, which has been hugely successful in Germany for more than a century, to a highly innovative field of the future. Quantum computers can massively enhance the speed of material development and is therefore a critical technology for the chemical sector. 

“The close proximity of HQS to strong innovative companies in the chemical industry has been hugely beneficial. It has allowed us to develop our products with a clear view of what our customers actually need. We are very happy that our development is now supported by three investors that have the patience which is necessary for a complex field like quantum computing”, says CEO Michael Marthaler. 

About HQS Quantum Simulations

HQS Quantum Simulations predicts material properties using quantum computers and accelerates development cycles in the chemistry and pharma industries. Quantum computers can perform calculations impossible even for the most powerful supercomputers. Current quantum computers suffer from intrinsic errors that limit their performance. HQS develops algorithms for quantum computers that can deal with these errors and enables customers to profit from the performance advantage of quantum computers earlier than their competitors. Furthermore, the company offers individual simulation solutions for conventional computers with the integration of high-end simulation methods and the possibility to utilize the upcoming quantum computers.

https://quantumsimulations.de/

About UVC Partners

Unternehmertum Venture Capital Partners (UVC Partners) is a Munich- and Berlin-based early-stage venture capital firm that invests in technology-based startups in the areas of industrial technologies, enterprise software and mobility. The fund typically invests between € 0.5 – 3m initially and up to € 12m in total per company.

Portfolio companies benefit from the extensive investment and exit experience of the management team as well as from the close cooperation with UnternehmerTUM, Europe’s leading innovation and business creation center. With over 180 employees and more than 100 industry partners, UnternehmerTUM can draw from many years of experience in establishing young companies. This cooperation enables UVC Partners to offer startups unique access to talent, industry customers, and other financial partners. The portfolio includes investments such as FlixBus, Carjump (Free2Move), KONUX, Blickfeld, 3YOURMIND and Vimcar.

www.uvcpartners.com

 

Fazua closes new financing round

EUR 15 million growth financing for e-bike drive system company FAZUA

Munich, Germany, October 8th, 2019 –  Fazuas shareholders and The European Investment Bank (EIB) are providing EUR 15 million to the rapidly growing e-bike company Fazua GmbH. EUR 12 million of these funds are being made available through the EU bank’s Venture Debt Product, a type of risk capital for innovative companies. The loan is backed by a guarantee from the European Fund for Strategic Investments (EFSI). EFSI is a core component of the Investment Plan for Europe (IPE) – also known as the Juncker Plan – under which the EIB and the European Commission are working together as strategic partners to boost the competitiveness of the European economy. Fazua GmbH, which is based in Munich, intends to use the funds for the expansion of the company and for research and development activities.

Established in 2013, the startup business manufactures super-lightweight e-bike drive systems, which fit, including the motor and battery, in the down tubes of bicycles. With its lightweight drive systems, Fazua is closing the gap between traditional e-bike drives and conventional, non-motorised bicycles. Since entering the market, Fazua has built up a customer base that now includes more than 35 European manufacturers offering bicycles in the e-mountain bike, e-urban, e-gravel and e-racing bike segments, where Fazua has a leading market position.

Benjamin Erhart, Partner with Lead Investor UVC Partners: “With its consistent and profitable growth since our first investment in 2017, we are proud to double down on FAZUA as it increases its footprint in the bn EUR and fast-growing E-Bike market.”

EIB Vice-President responsible for operations in Germany and EFSI Ambroise Fayolle said: “With our higher-risk financing operation for Fazua, we are closing a gap in the market for highly innovative SMEs, which need long-term growth capital without the risk of dilution. Fazua can now fully concentrate on its business growth and the development of follow-up products.” He added: “The project is an excellent example of the added value that the Investment Plan for Europe offers young, innovative companies. Our cooperation with Fazua, made possible by the Juncker Plan, shows how Europe can promote innovation and competitiveness.”

European Commission Vice-President Valdis Dombrovskis, responsible for the Euro and Social Dialogue, also in charge of Financial Stability, Financial Services and Capital Markets Union, said: “By guaranteeing the EIB’s financing to Fazua, the Juncker Plan once again shows its support for an innovative, ambitious, EU-based startup keen to scale up and develop new products to bring to market. Fazua’s ongoing success translates into more jobs and sustained growth for the local economy, which is the core focus of the Juncker Commission.”

Fazua’s CEO Fabian Reuter also welcomed the financing agreement: “The capital provided by the EIB is the ideal financing instrument for us in our current business phase. In addition to the “evation” drive system, which has already been very successfully launched on the market, we can now invest even more in the expansion of our product range.” He also stressed the importance of the production and development site in Ottobrunn near Munich. “It is crucial for us to maintain our successful business model with the highest quality standards, production under our own roof in Germany and reliable partners, most of whom also come from Europe,” said Reuter.

 

About UVC Partners:

Unternehmertum Venture Capital Partners (UVC Partners) is a Munich- and Berlin-based early-stage venture capital firm that invests in technology-based startups in the areas of enterprise software, industrial technologies and mobility. The fund typically invests between € 0.5-3m initially and up to € 12m in total per company. UVC Partners has about € 118m in assets under management.

Portfolio companies benefit from the extensive investment and exit experience of the management team as well as from the close cooperation with UnternehmerTUM, Europe’s leading innovation and business creation center. With over 200 employees and an international network of more than 1,000 industrial companies, UnternehmerTUM can draw from many years of experience in establishing young companies. This cooperation enables UVC Partners to offer startups unique access to talent, industry customers, and other financial partners.

https://www.uvcpartners.com/

 

UVC Partners is opening an office presence in Berlin

UVC Partners is strengthening its investment activities in Berlin

  • Berlin’s founders can take advantage of our strong corporate network and B2B experience
  • Alexander Kiltz will be our full-time representative

Berlin and Munich, September 11th, 2019. UVC Partners has long been active in the Berlin startup ecosystem. Five of our portfolio companies, namely 3YOURMIND, Free2Move (fka Carjump; acquired by Groupe PSA / Peugeot Renault), i2x, shyftplan and Vimcar, are headquartered there. Thus, our current portfolio indicates what is possible if you combine the dynamics of Berlin as a hub for game-changing startups with our extensive B2B investment experience and our unmatched cooperation with UnternehmerTUM, Europe’s leading entrepreneurship center in Munich. Within our B2B industry focus areas of enterprise software, industrial technologies and mobility, we are increasing our geographical activities across Germany and Europe. Consequently, we are now expanding our footprint to the capital city with a new office presence in Berlin Mitte.

With Alexander Kiltz being full-time in Berlin, we are uniquely positioned to offer Berlin’s founders what we know best: growing and scaling B2B startups. Our team is blending engineering and venture capital experience with deep technological know-how. We are looking forward to providing our unique access to talent and our partner network of over 1,000 international corporations to Berlin’s founders to support the growth and scaling of their startups.

Alexander Kiltz is not new to the ecosystem as he has already spent significant time in the Berlin startup scene in the past. “I’m excited to contribute to the further growth of UVC Partners and to open our presence in Berlin. I’m looking forward to meeting and supporting the next generation of Berlin-based game-changing founders and to immerse myself in this vibrant startup scene.”, says Alexander Kiltz. UVC Partners is looking forward to intensifying our relationships with Berlin’s most interesting startups and investors. Thus, whether you fancy a chat or want to pitch your startup, feel free to reach out to Alex directly via kiltz@uvcpartners.com

About UVC Partners:

Unternehmertum Venture Capital Partners (UVC Partners) is a Munich- and Berlin-based early-stage venture capital firm that invests in technology-based startups in the areas of enterprise software, industrial technologies and mobility. The fund typically invests between € 0.5-3m initially and up to € 12m in total per company. UVC Partners has about € 118m in assets under management.

Portfolio companies benefit from the extensive investment and exit experience of the management team as well as from the close cooperation with UnternehmerTUM, Europe’s leading innovation and business creation center. With over 200 employees and an international network of more than 1,000 industrial companies, UnternehmerTUM can draw from many years of experience in establishing young companies. This cooperation enables UVC Partners to offer startups unique access to talent, industry customers, and other financial partners.

Contact:

Alexander Kiltz
UVC Partners
E-mail: kiltz@uvcpartners.com
LinkedIn: https://www.linkedin.com/in/alexanderkiltz/
Twitter: @alex_kiltz

www.uvcpartners.com

Berlin Office:

Unternehmertum Venture Capital Partners
Oberwallstraße 6, 10117 Berlin

Come and work with us – we are growing our team

We are looking for outstanding personalities to join us full-time as Manager Finance & Controlling, or part-time as Junior Investment Analyst

 

  • Join us full-time as Manager Finance & Controlling (m/w/d) – for more information have a look here.
  • Join us part-time as Junior Investment Analyst (m/w/d) – for more information have a look here.

GNA Biosolutions closes new financing round

GNA Biosolutions Closes $13.5 million Series C Financing Round Backed by a US/EU consortium

Munich, Germany, August 6, 2019 – GNA Biosolutions GmbH, a molecular diagnostics company based in Germany, announced today that it has completed a $13.5 million round of financing. Funding will finance further development and IVD-CE marking of the company’s first molecular POC (Point of Care) platform, based on Pulse Controlled Amplification (PCA) technology. The Series C financing round was joined by new investors including GreyBird VenturesOccident, and Wachtumsfonds Bayern, and existing investors UVC Partners, SHS Gesellschaft für Beteiligungsmanagement, Robert Bosch Venture Capital, Mey Capital MatrixKfW, and btov Partners. Proceeds from the financing will be used to advance development and secure IVD-CE marking of GNA’s first Point of Care molecular diagnostic platform.GNA Biosolutions has pioneered a next generation nucleic acid amplification technology (Pulse Controlled Amplification – PCA) in the field of molecular diagnostics. The company’s PCA platform amplifies nucleic acids captured directly from complex samples such as whole blood, sputum, and nasal swabs within minutes, without the need for additional sample preparation and with minimal hands-on time.

“We are excited to work with the GNA team and look forward to supporting this stage of the company. Rapid molecular diagnostics are key to patient care across an increasingly broad range of therapeutic areas, and particularly infectious diseases. We believe PCA technology will resolve many limitations of existing molecular diagnostics, enabling fast therapeutic decisions that improve patient care,” said Tom Miller, partner at GreyBird Ventures, lead investor for the round. Mr. Miller, a global healthcare industry leader, and an experienced and visionary CEO, will serve as Chairman of GNA’s Board effective immediately.

“We are very appreciative of the enthusiastic response from our new investors and the continued support of our existing consortium. This Series C funding will help us execute our regulatory strategy and bring PCA to the clinic,” said Federico Buersgens, co-founder and Managing Director of GNA Biosolutions.  GNA plans to launch its POC platform first in the EU, followed by the US. “We believe having this unique combination of European and US investors on board gives GNA an edge – we have assembled a great consortium which will provide us not only with a tremendous depth of experience but also visibility and access to decision-makers across our key launch markets,” said Mr. Buersgens.

GNA’s breakthrough technology allows the development of cost-effective and simple-to-perform molecular diagnostic tests. The company’s prototype platform has been utilized in more than 30 assays in-house and with partners, including assays for Hospital Acquired Infections and Tuberculosis, and biothreats such as Ebola and Plague.

GNA is the winner of AACC’s 2018 Disruptive Technology Award and a Showcase Company in the 2019 MedTech Innovator Competition.

 

About GNA Biosolutions

GNA Biosolutions is a private molecular diagnostics company located in Germany. Our proprietary PCA technology offers a novel, ultrafast, and cost-effective molecular diagnostic platform that captures and amplifies nucleic acids from complex clinical samples. PCA assays are being developed for a number of therapeutic areas, including infectious diseases and biothreats.

The company’s first Point of Care product will be utilized for the diagnosis of antibiotic resistant Hospital Acquired Infections (HAIs) and Tuberculosis (TB). PCA technology has not been cleared or approved by European of U.S. regulatory agencies and is currently for research use only.

www.gna-bio.com

 

About UVC Partners:

Unternehmertum Venture Capital Partners (UVC Partners) is a Munich-based early-stage venture capital firm that invests in technology-based startups in the areas of industrial technologies, enterprise software and mobility. The fund typically invests between € 0.5 – 3m initially and up to € 12m in total per company.

Portfolio companies benefit from the extensive investment and exit experience of the management team as well as from the close cooperation with UnternehmerTUM, Europe’s leading innovation and business creation center. With over 200 employees and more than 100 industry partners, UnternehmerTUM can draw from many years of experience in establishing young companies. This cooperation enables UVC Partners to offer startups unique access to talent, industry customers, and other financial partners. The portfolio includes investments such as FlixBus, Carjump (Free2Move), KONUX, Blickfeld, 3YOURMIND and Vimcar.

www.uvcpartners.com

 

Twaice closes new financing round

Additional millions for the digital battery twin

Munich, 29 May 2019. TWAICE is increasing its seed financing to € 3.2 million to secure its rapid growth. Customer interest exceeds all expectations

– More than two million euros of new funding
– Increased customer demand due to accelerated electrification strategy
– Successful initial projects validate the concept and business model

Only nine months after the official founding of the company, Munich-based startup TWAICE receives another two million euros in funding. The money is provided by the Berlin venture capitalist Cherry Ventures with participation from existing investors UVC Partners and Speedinvest.

With this extended seed financing, TWAICE will secure and further expand its rapid customer expansion and business development. The significantly accelerated electrification strategy of many customers makes this possible. Additionally, more and more companies in the automotive industry are discovering the TWAICE software. It can improve the use of lithiumion batteries and extend their lifespan.

Over the past few months, TWAICE has shown in a variety of customer projects the added value that the technology can create. The benefits extend along the value chain and support different industries. Customers get more detailed knowledge of the battery operations in the process of using the TWAICE software. This helps manufacturers to validate their complex  battery systems. Operators of electric vehicle fleets, for example, can reduce their operating costs by up to 25 percent through predictive maintenance and a lifetime extension.

The software is now used in trucks, cars and stationary power storage. The solution is also successfully deployed in smaller applications such as power tools. This spectrum is likely to broaden significantly in the coming years, in conjunction with the rapid expansion of electric drives in different industries.

With the new funding, TWAICE will continue to grow based on the good results in recent months. It is planning to build up its workforce rapidly in order to be able to quickly implement the current and expected order volume.

The TWAICE software creates a digital twin of battery systems. It can be used to make accurate analyses and predictions about the “health status” of every energy storage system in real time. By using sensor data, physical and data-driven battery models, TWAICE not only closes the loop between product development and application. It also opens up new possibilities, such as predictive maintenance and warranty extension. Threatening incidents, including downtimes, can be detected and prevented in good time.

The founders Stephan Rohr and Michael Baumann are pleased about the further financing round: “The incredibly strong customer interest and the expansion of our team have led to rapid professionalization within only six months”. In a first round during the autumn of 2018, TWAICE had already collected 1.2 million euros from UVC Partners and Speedinvest. With Cherry Ventures, another top investor comes onboard. “We are excited about what a strong team of battery technology experts the founders have been able to build in such a short period of time. We are at an inflection point in the adoption of electric mobility and development of electric storage solutions. We consider the approach of TWAICE to be a unique
opportunity to advance this field with software and we are convinced that digital twins will redefine the industry”, says Thomas Lueke from Cherry Ventures.

 

About Twaice 

TWAICE supports enterprises across industries with predictive battery analytics software based on digital twins. We empower our customers to develop and use battery systems more efficiently and sustainably while making them more reliable and durable. Precise predictions of battery conditions and aging significantly optimize battery development and use. Exact determination of current condition also enables certification of batteries for reuse and 2nd life. TWAICE was founded in 2018 as a spin-off from Technical University of Munich and is headquartered in Munich. The client base covers a vast array of industries ranging from escooters over automotive to stationary energy storage.

www.twaice.com

 

About UVC Partners:

Unternehmertum Venture Capital Partners (UVC Partners) is a Munich-based early-stage venture capital firm that invests in technology-based startups in the areas of industrial technologies, enterprise software and mobility. The fund typically invests between € 0.5 – 3m initially and up to € 12m in total per company.

Portfolio companies benefit from the extensive investment and exit experience of the management team as well as from the close cooperation with UnternehmerTUM, Europe’s leading innovation and business creation center. With over 180 employees and more than 100 industry partners, UnternehmerTUM can draw from many years of experience in establishing young companies. This cooperation enables UVC Partners to offer startups unique access to talent, industry customers, and other financial partners. The portfolio includes investments such as FlixBus, Carjump (Free2Move), KONUX, Blickfeld, 3YOURMIND and Vimcar.

www.uvcpartners.com

 

Unternehmertum Venture Capital Partners invests in Ciara

Seven-digit Investment and Launch for Ciara, the Virtual Assistant for Inside Sales Reps

Munich, 6 May 2019. Ciara, digital inside sales assistant provider, founded by the experienced software entrepreneurs Martin Heibel and Konstantin Krauss, receives a seven-digit financing round. Supporters include lead investor UVC Partners, Interhyp founders Marcus Wolsdorf and Rober Haselsteiner, as well as the successful entrepreneurs Christian Mangstl (Scout 24) and Felix Haas (Bits & Pretzels, IDnow). Starting today, the digital sales assistant Ciara is available at www.getciara.com.

Similar to the assistants in the consumer market such as Amazon Alexa or Google Home, Ciara helps sales representatives effectively conduct phone conversations without struggling to find the right answers or lose the thread.

Ciara boosts Inside Sales Phone Calls

A growing number of companies are investing in their inside sales teams. Firms now sell their products over the phone or on the Internet, instead of meeting with their customers face-to-face. Inside sales telephone calls are therefore of particular importance: The first moments of customer contact determine the success or failure in sales. Ciara provides inside sales teams with interactive guides, proven playbooks, and smart objection handling, helping them to structure their phone conversations and increase success and productivity.

“We are convinced that productivity assistants are a radically new category of business software. Such assistants are all about making life for people in daily business situations much easier again. Instead of having to deal with dozens of tools, our customers want meaningfully automated solutions. With the Ciara inside sales assistant, we show how that’s possible: With real-time supported phone conversations, Ciara helps employees and teams achieve a new level of productivity,” says Martin Heibel, managing director of Ciara.

Investors with valuable expertise

The founders were able to convince several well-known investors to support the future growth of Ciara. A seven-digit investment went into the company at the beginning of the year. “With UVC Partners, the Interhyp founders, Christian Mangstl and Felix Haas we won a unique investor consortium made of software, technology, and sales experts. After just a few months of cooperation, we are benefiting immensely from the knowledge and networks of our investors,“ comments Konstantin Krauss, co-founder of Ciara, on the partnership. “From my own experience, I know the great growth opportunities of phone-based sales,” says Marcus Wolsdorf, founder of Interhyp AG, Germany’s largest mortgage lender, which he led to the stock exchange in 2005. “The Ciara assistant makes it much easier to train inside sales personnel quickly and effectively, sharing best practice knowledge and supporting every single phone call.”

 

About Ciara 

Ciara is a virtual assistant for inside sales professionals and teams. Sales agents can create custom and interactive sales guides, manage playbooks, and structure their sales phone calls. The objection handling feature helps sales agents answer difficult customer questions, e.g. on competition, pricing, and new product capabilities. Standard integrations to the leading CRM systems make it easy to store customer information gained in Ciara-led phone conversations centrally. Ciara already supports more than a dozen companies worldwide in building a consistent and efficient inside sales process and to train new employees quickly. For today’s market launch, sales professionals can sign up at www.getciara.com and start their own inside sales assistant for free within just two minutes.

https://www.getciara.com/

About UVC Partners:

Unternehmertum Venture Capital Partners (UVC Partners) is a Munich-based early-stage venture capital firm that invests in technology-based startups in the areas of industrial technologies, enterprise software and mobility. The fund typically invests between € 0.5 – 3m initially and up to € 12m in total per company.

Portfolio companies benefit from the extensive investment and exit experience of the management team as well as from the close cooperation with UnternehmerTUM, Europe’s leading innovation and business creation center. With over 180 employees and more than 100 industry partners, UnternehmerTUM can draw from many years of experience in establishing young companies. This cooperation enables UVC Partners to offer startups unique access to talent, industry customers, and other financial partners. The portfolio includes investments such as FlixBus, Carjump (Free2Move), KONUX, Blickfeld, 3YOURMIND and Vimcar.

www.uvcpartners.com

 

The European Mobility Startup Landscape

The mobility industry is going through massive changes driven by technological innovation on the one hand and social and political factors on the other hand. We dive into current industry trends and provide an overview and a detailed analysis of the European mobility startup ecosystem by mapping over 3000 companies in the space. In the deep dive, we aim at answering the following questions: As the industry undergoes rapid changes, what does this mean for the startups in this space? What are the current trends and developments? What are interesting technologies and services where startups could natural advantages? What are the promising segments for venture capital investment? What are the European hotspots of mobility startup activity? How do funding levels differ across categories and countries?
To learn more about the European mobility startup landscape and why we believe it’s an exciting time to be investing in mobility startups, read more here:

Unternehmertum Venture Capital Partners invests in i2x

i2x raised €10 million in Series A funding

Berlin – 26th February 2019. i2x, the market leader in automated real-time communications analysis and training, receives €10 million as fresh capital in a Series A funding. UVC Partners and btov Partners act as lead investors, alongside MS&AD Ventures and Asgard. With strong participation from existing investors such as HV Holtzbrinck Ventures, i2x will use the new financing for the further development of its artificial intelligence based technology.

With the venture capital companies UVC Partners and btov Partners, which are well networked in the deep-tech and research sectors, the Berlin startup gains two strategically valuable main investors. Through MS&AD Ventures, which normally invests in the US market, and the Artificial Intelligence Fund Asgard, i2x also gains additional expertise. With the newly acquired capital, i2x will further expand its real-time speech recognition and training technology.

The Berlin-based startup decodes the black box of sales and service phone calls and helps call center agents and sales representatives to improve their conversion rate, increase customer satisfaction and shorten the training period. After only one year on the market, i2x has experienced extraordinary growth and counts companies such as the renowned telecommunications company Vodafone, the technology enterprise Siemens and the e-health startup MediDate among its customers.

Dr. Ingo Potthof, Managing Partner at UVC Partners: “Through close contacts in the research and tech industry sectors, we are pleased to be able to provide i2x with the best possible strategic support for its further development.“

Dr. Jochen Gutbrod, Managing Partner at btov Partners: “With i2x, we are supporting a future-oriented company that is revolutionizing the tele-sales and customer service industry with its real-time technology. The software makes it possible to combine the strengths of people with the advantages of modern technology and thus makes an important contribution to shaping the working world of tomorrow. btov Partners is pleased to accompany i2x on its way.”

Jon Soberg, Managing Partner at MS&AD Ventures: “We invest in companies around the world, especially in the US and Israel, so we have insights into many different markets. What convinced us about i2x was the high technological standard of the software. Michael Brehm and his team have developed an independent speech recognition and training tool that is unique on the international market in its precision, speed and flexibility. We see a big global opportunity for i2x. The great success achieved shortly after the launch confirms the extraordinary potential of this startup”.

Michael Brehm, founder and managing director of i2x: “We are pleased that we were able to convince the investors of our vision to sustainably support people in their increasingly complex working day with the help of artificial intelligence. Thanks to the new funding, we are now investing even more in highly qualified specialists and well-founded research and are thus driving our technology forward.“

 

About i2x:

i2x is the market leader for automated real-time communication analysis and training based on its proprietary speech recognition technology for the German and English language. Users can analyze complex conversations in real-time with the use of artificial intelligence. i2x automatically generates training units for the user that are tailored to the individual development fields in order to optimize sales and service conversations. This makes i2x the first speech recognition and training technology of its kind worldwide. Employees and self-employed can transcribe telephone calls with the speech recognition technology and have voices, moods and speech patterns of the conversations evaluated with the help of machine learning. i2x helps sales and service employees to improve their conversion rate, increase customer satisfaction and shorten the training period. The company has received several awards, including the CCW Future Camp Award and the CCV Quality Award for “Best IT Innovation” presented by the German Call Center Association. The Bits & Pretzels Founders Festival also honored i2x with the “Best Solution in Service & Intelligence” award. Red Herring named i2x one of the top 100 tech startups in Europe. i2x is based in Berlin and currently employs 40 people. Founder and managing director is technology entrepreneur Michael Brehm. Further information can be found at www.i2x.ai

 

About UVC Partners:

Unternehmertum Venture Capital Partners (UVC Partners) is a Munich-based early-stage venture capital firm that invests in technology-based startups in the areas of industrial technologies, enterprise software and mobility. The fund typically invests between € 0.5 – 3m initially and up to € 12m in total per company.

Portfolio companies benefit from the extensive investment and exit experience of the management team as well as from the close cooperation with UnternehmerTUM, Europe’s leading innovation and business creation center. With over 180 employees and more than 100 industry partners, UnternehmerTUM can draw from many years of experience in establishing young companies. This cooperation enables UVC Partners to offer startups unique access to talent, industry customers, and other financial partners. The portfolio includes investments such as FlixBus, Carjump (Free2Move), KONUX, Blickfeld, 3YOURMIND and Vimcar. www.uvcpartners.com

 

About MS&AD Partners:

MS&AD Ventures is an early stage venture fund focused on international big data companies that are involved in insurance or are building a sustainable future. MS&AD Ventures is part of the leading global insurance company MS&AD Insurance Group Holdings. Further information is available at: www.msad.vc

 

About btov Partners:

btov Partners, founded in 2000, is a European venture capital firm with offices in Berlin, Luxembourg, Munich and St. Gallen. The investment focus is on digital and industrial technology companies. btov manages institutional funds, partner funds and offers private investors and family offices access to direct investments. Through its three divisions, the company manages assets of 420 million euros and examines over 3,000 investment opportunities annually. Its best-known investments include Blacklane, DeepL, Facebook, Foodspring, OrCam, Raisin, SumUp, Volocopter and XING. More information can be found at www.btov.vc

 

About Asgard:

Asgard is a family-run human venture capital company focused on early stage startups in the field of artificial intelligence. Asgard was founded in 2014 by serial entrepreneur and investor Fabian J. G. Westerheide. Further information is available at: www.asgard.vc

 

Über HV Holtzbrinck Ventures:

Since 2000, HV Holtzbrinck Ventures has invested in Internet and technology companies through various generations of funds and is one of the most successful and financially strong early-stage and growth investors in Europe. HV supports startups with capital ranging from €500,000 to €40 million, making it one of the few venture capitalists in Europe able to finance startups across all growth phases. Further information is available at: www.hvventures.com