DyeMansion closes new financing round

3D-printing company DyeMansion raises € 12 million to drive the transformation of manufacturing

 

Munich, August 5th, 2020 – Munich-based 3D-printing company DyeMansion secured a €12 million Series B round led by Nordic Alpha Partners with the participation of initial backers UVC Partners, btov and AM Ventures. The new funds will be used to further accelerate the automation in 3D-printing process chains and to strengthen the international presence of the company.

To make 3D-printed products a part of our everyday life, there are still some challenges to overcome. The industrial and automated post-processing of 3D-printed parts is one of the key drivers on this journey. With its unique three-step Print-to-Product workflow, DyeMansion helps users of industrial 3D-printing to turn their raw plastic parts into high-value products. From perfect fit eyewear to personalized car interiors or tailor-made orthotics. Its high-end post-processing equipment is used by over 600 customers worldwide including companies like BMW, Daimler, Under Armour, or Jabil. With 46 production and sales partners worldwide, DyeMansion has recently launched the world’s largest post-processing platform for industrial 3D-printing and is leading post-processing in terms of finishing quality, automation and industrialization. 

“We are super happy to have Nordic Alpha Partners on board for our growth journey. They are a perfect fit for the current phase we are in with DyeMansion. Their unique approach and expertise will help us to further strengthen our position as a global industrial leader. It makes us proud that all our existing investors are continuing with their support as well. This will help us and our customers worldwide to drive the transformation of manufacturing to digital production and the factory of the future.”, tells Felix, CEO & co-founder of DyeMansion.

 

About DyeMansion:

DyeMansion is the global leader in Additive Manufacturing finishing systems that turn 3D-printed raw parts into high-value products. From perfect fit eyewear to personalized car interiors, our technology makes 3D-printed products become a part of our everyday life. Starting in 2015 with the first industrial coloring solution for powder bed fusion parts, we extended our portfolio with advanced part cleaning and surfacing solutions for a wider range of 3D-printing technologies in the field of plastics. Today, our Print-to-Product workflow combines industry-leading hardware with the widest range of color options on the market. Our Industry 4.0 ready systems can be integrated seamlessly into your production. The ability to provide a flexible solution for both small batches and high volumes makes us a trusted partner for your future factories. Through close collaboration with our customers across all industries, our technology and expertise continuously grow with the market. Reduced cost per part, unmatched quality, and high sustainability are core values that drive each and every innovation we develop. In addition to these principles, finding the right finish for every application is what drives us. 

Website: www.dyemansion.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 industrial technologies, enterprise software and mobility. The fund typically invests between € 0.5 – 4m initially and up to € 15m 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 240 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 Blickfeld, Carjump (Free2Move), FlixBus, KONUX, TWAICE and Vimcar.

www.uvcpartners.com

TWAICE closes new financing round

TWAICE raises €11 million Series A to power further growth

  • €11 million for the Munich-based battery specialist from early-stage VC investor Creandum and existing investors Cherry Ventures, UVC Partners and Speedinvest
  • In just under two years, TWAICE has grown from a university research project into the top battery analytics software, attracting a diverse and global customer base
  • Funding will be used to further scale TWAICE software and power internationalization efforts to contribute to the availability of sustainable mobility and energy solutions

Munich, March 25th, 2020 – Munich-based battery analytics software company TWAICE has raised an €11 million Series A round led by venture capital firm Creandum. Cherry Ventures and initial backers UVC Partners and Speedinvest already invested €3.2 million as part of an earlier seed round. “We are very happy to have Creandum, an internationally recognized investor, onboard now,” said Michael Baumann, Managing Director and Co-Founder of TWAICE. “They share our vision of an analytics platform for e-mobility and renewable energies.”

TWAICE’s software creates a unique “digital twin” of battery systems. It can be used to make precise analyses and predictions about the “health” of each energy storage device. By using field data in combination with physical and data-driven battery models, TWAICE closes the loop between product development and application. But, even more so, the software also allows for new opportunities such as predictive maintenance and warranty extension. Operational failures can be detected — and prevented — in real-time.

The trend towards more comprehensive electrical strategies by major mobility and energy players is driving TWAICE’s success. Due to increasing pollution regulation, manufacturers have put greater emphasis on developing electric, emissions-free vehicles and, as a result, efficient batteries. The increasing popularity of lithium-ion batteries on the energy market is also accelerating the Munich-based company. Stationary storage units, for example, are used to avoid increased grid fees or to stabilize the grid. However, due to their cost and complexity, batteries are especially challenging regarding significant test scopes during development, a lack of transparency about their condition, and remaining lifetime during operation.

“The market is rewarding us for our mission to build the leading global team for battery analysis,” said Dr. Stephan Rohr, Managing Director and Co-Founder of TWAICE. In recent years, the company has established itself as the market leader for battery analytics and has won leading customers from the automotive industry to truck manufacturers and power tool suppliers. The combination of in-depth battery knowledge, a scalable cloud platform, and machine learning is unique.

The customer portfolio of TWAICE mainly consists of two sectors: energy and mobility. Energy companies use the software primarily for stationary energy storage systems. In the mobility sector, TWAICE enables manufacturers and fleet operators to improve both the development and use of lithium-ion batteries as well as to extend the batteries’ service life. The TWAICE software provides customers with more precise information about the processes taking place in the batteries during use. This way, operators of electric vehicle fleets, for example, can reduce their 5 operating costs through predictive maintenance and achieve an increase in battery life of up to 25 percent.

 

About TAICE:

TWAICE offers predictive analytics software that optimizes both the development and operation of lithium-ion batteries. TWAICE’s core technology is the digital twin – a software that uses artificial intelligence to determine the condition and predict the ageing and performance of batteries. It enables complex battery systems to become more efficient, sustainable and reliable. TWAICE was founded in 2018 after four years of research at the Technical University of Munich. In less than two years, TWAICE has grown from a university research project into the leading battery analytics software for global players in the mobility and energy sectors.

www.twaice.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 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

Blickfeld closes new financing round

LiDAR start-up Blickfeld announces Series A financing round with participation of Continental AG and Wachstumsfonds Bayern

Munich, March 20th, 2020 – Munich-based LiDAR start-up Blickfeld has completed its Series A financing round. The new financing was led by the venture capital unit of Continental together with Wachstumsfonds Bayern, which is managed by Bayern Kapital, with participation of the existing investors Fluxunit – OSRAM Ventures, High-Tech Gründerfonds, TEV (Tengelmann Ventures) and Unternehmertum Venture Capital Partners. Blickfeld will use the new financial resources to ramp up production, qualify its LiDAR sensors for the automotive market and strengthen the application development and sales teams for industrial markets.

Blickfeld develops and produces LiDAR (Light Detection and Ranging) sensors and software for environmental detection. The solid-state sensor developed by Blickfeld delivers high-resolution, three-dimensional environmental data and stands out due to its high performance even in adverse environmental conditions and its small size. Blickfeld’s patented technology is particularly advantageous in terms of its industrialization capability and enables highly automated production of the devices, allowing the company to meet the needs of the automotive mass market. The sensors are used in autonomous driving as well as in smart cities, industrial applications and security solutions.

The series A funding enables Blickfeld to ramp up production. “The safety of autonomous vehicles is based on LiDAR sensor technology. We see Blickfeld in a unique position here, as our technology stands out due to its mass market capability,” says Blickfeld co-founder Florian Petit. “But the mobility sector is not the only area of application for our LiDAR sensors and recognition software: Numerous other successful customer projects in logistics, smart cities or the security sector confirm our approach, as does the financial commitment of the venture capital unit of Continental, Bayern Kapital and our previous investors. We are now looking forward to taking the next steps into series production.”

The start-up Blickfeld, founded by Dr. Mathias Müller, Dr. sc. Florian Petit and Rolf Wojtech, has grown to a team of now over 100 people since it was founded three years ago. Over the next few months, in particular the application development and sales teams will be further expanded so that the company can increasingly pursue potential in industrial applications in addition to the automotive market. In the coming months, the Blickfeld team will also concentrate on qualifying the LiDAR sensor’s core components for the automotive market and further expanding production.

 

About Blickfeld:

Founded in 2017 and based in Munich, Germany, Blickfeld provides cutting-edge LiDAR sensors and perception software, enabling countless mobility and IoT applications. The Blickfeld LiDAR products meet extremely demanding technical specifications with regard to the performance, cost and dimensions required for the mass market.

Blickfeld is backed by Continental AG, as well as venture capital investors including Bayern Kapital, Fluxunit (the corporate venture arm of lighting company Osram), High-Tech Gründerfonds, Tengelmann Ventures, and Unternehmertum Venture Capital Partners.

https://www.blickfeld.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 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

Junior Investment Analyst Program

We are looking for an outstanding individual to join our Junior Investment Analyst Programm (part-time)

Many people say venture capital is an apprenticeship business. While it might take years to learn the craft of venture, we want you to be ahead of the learning curve. Therefore, we are looking for a Junior Investment Analyst (part-time) to join our team and to complete a 10-month venture capital traineeship program (working student). You will get firsthand insights into the way successful startups are built and why and how venture capitalists invest in them.

THE ROLE:
We are looking for an outstanding individual to join us to work within our investment team. What you will do is at the core of the work for our fund. You will help us lead research into various technology and industry segments, keep our deal flow machine running, help to build solid foundations for investment decisions by supporting due diligence on potential investments, and be the first point of contact for founders. You will learn about new products, technologies, and which business models work or don’t work. We are providing you with a condensed apprenticeship program to learn the craft of venture capital at speed at the heart of Munich’s startup scene. After “graduation” you will have what it takes to start your career in venture capital, to start your own venture or to join an early-stage rocket ship. We have structured the program along the following modules:

  1. Deal sourcing
    • Great companies often come from unexpected sources – help us find new sources.
    • You will identify, contact and meet entrepreneurs we should get to know. You will help us find THE next big thing.
  2. Deal evaluation / due diligence
    • You will help us qualify the large deal flow we receive and allocate our time to the right opportunities. You will support the investment team in deal flow and business plan analyses.
    • You will perform technology & market research and competitor analyses as due diligence on potential investments.
    • You will participate in pitch meetings with founders.
  3. Investment process
    • You help with building a solid, data-driven basis for our investment decisions.
    • You will support in writing investment memos on potential investments.
    • You will support deal teams on executing financial transactions and help them in partnering with new startups.
    • Portfolio support.
    • You will support us in ongoing portfolio management, e.g. by helping prepare portfolio reporting.
    • You have the chance to drive own initiative on how to better serve our growing portfolio.
    • You will assist in exit preparations of portfolio companies.

OUR OFFER:

  • You will be part of the deal team of at least one new investment where you’ll get insights into the full investment process.
  • You will be paired with one senior member of our investment team (Partner) as mentor over the course of the program with regular 1-to-1 session.
  • You will have access to the UnternehmerTUM ecosystem and will meet all key stakeholders of programs such as Xpreneurs, TechFounders or the Initiative for Industrial Innovators to equip you with perspectives and contacts to leapfrog your startup career.
  • You will receive a competitive salary package and will have the flexibility to align your studies with our day-to-day operations.

YOUR PROFILE:

  • You find it easy to apply first-principles thinking and your strong analytical skills.
  • You have a high level of intellectual curiosity as well as a self-starter and growth mindset.
  • You are collaborative, empathetic and communicative. A true team player.
  • You are deeply passionate about startups, technology, and innovation.
  • Practical work experience in startups and/or venture capital, private equity or consulting is preferred.
  • You are currently studying an undergraduate or graduate degree with outstanding results at a top-tier university. We are open to all types of educational backgrounds (e.g. engineering, science, business, finance, etc.).
  • You possess strong written and oral communication skills in English, proficient German skills being a plus, but not a must.

LOGISTICS:

  • Workplace: Garching, Munich, Germany
  • Start date: 01.03.2020 or later
  • Duration: minimum of 10 months, part-time

HOW TO APPLY:
Please apply by uploading your CV, transcripts and a short blurb instead of a cover letter, in which you present 1.) a technology trend you are most passionate about and 2.) a startup we should invest in (given our investment focus), to the “Junior Investment Analyst Program” position here. 

 

About us:

Unternehmertum Venture Capital Partners (UVC Partners) is one of Europe’s leading early-stage venture capital firms. We invest at the seed and series A stage in B2B startups across Europe. We focus on enterprise software, mobility, and industrial technologies. We are HQ’ed in Munich at UnternehmerTUM, Europe’s leading entrepreneurship center, and have recently opened an office in Berlin. We are privileged to have partnered with founders of startups such as Flixbus, KONUX, Vimcar, Blickfeld, TWAICE, Capmo, i2x, and finn.

www.uvcpartners.com

Orpheus acquisition

McKinsey acquires UVC Partners portfolio company Orpheus   

Munich, 6 February 2020 UVC Partners is happy to announce the successful acquisition of portfolio company Orpheus by McKinsey & Company. Orpheus is a pioneer in the procurement software space with its specialized spend analytics and savings management solution. UVC Partners provided the company with an initial seed investment in 2012. Back then, the procurement software market was still rather a niche market mainly consisting of administrative and operational systems but was completely lacking analytical and data-driven solutions. The Orpheus team developed a powerful procurement performance management suite and was an early mover in including AI into its product to automate data classification and predictive analytics.

Based in Nuremberg, and today with a strong customer base across industry sectors, Orpheus has a reputation for delivering quality and value in automated data extraction, AI-enabled spend categorization, and spend and category prescriptive and predictive analytics, including software agents (BOTs) and procurement impact tracking.

Dr. Ingo Potthof, Managing Partner at UVC Partners said:

“Based on its solid technology and deep domain expertise the team has been consistently winning one blue-chip customer after the other to become a real category leader. They built a profitable growth company by hardly burning cash and by doing so creating a strong return for us as investor.

Congratulations on this impressive achievement: Jörg Dittrich, Michael Lauer, Christian Ruck, Jörg Mengeler, Marco Pachovsky, Matthias Schumann and the full Orpheus team. Thank you for having been part of this journey and good luck for the future.”

With this acquisition, McKinsey intends to establish a new service that will enable spend transparency, spend and cost analytics, and value capture management. The offering is a combination of Orpheus’ advanced platform technology and McKinsey’s industry expertise and content-rich services in digital procurement.

Jörg Dittrich, Founder, and CEO of Orpheus said: “We really want to thank UVC Partners and especially Ingo for the comprehensive support in developing Orpheus from an idea to an established software company through all stages and challenges of a startup over the years. This expertise was also extremely valuable guiding us founders through this acquisition process.”

Now, we’re excited about joining forces with McKinsey. Together we can create a much richer solution and service offering that – with a single focus on driving impact for clients – is truly something new and differentiated in the space.”

 

About Unternehmertum Venture Capital 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 240 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 Blickfeld, Carjump (Free2Move), FlixBus, KONUX, TWAICE and Vimcar.

Loyalty Prime closes new financing round

Loyalty Prime Raises 5 Million Euro Series B Funding for Next-Generation SaaS Loyalty Marketing Platform Based on Artificial Intelligence 

Munich, 06.02.2020 – Loyalty Prime, an international provider of enterprise loyalty program solutions has successfully closed their 5 million Euro Series B to drive the development of their next-generation loyalty software based on artificial intelligence (AI). The funding was led by Hi inov, an international VC fund focused on digital innovation and supported by the existing investors BayBG Bayerische Beteiligungsgesellschaft, Senovo, UVC Partners and The SaaSgarage (Alexander Bruehl).

Founded 2014 in Munich, Germany, Loyalty Prime has quickly developed itself into a leading loyalty program tech provider, serving blue-chip companies around the globe from a wide range of industries. While Loyalty Prime’s Series A in 2018 was successfully used to accelerate the company’s rapid international expansion, the Series B will additionally help to drive Loyalty Prime’s latest product innovation project, the full and smart automation of loyalty program management via their next-generation cloud-native loyalty platform based on artificial intelligence. The product development is led out of Germany by Jan Riedel, a software engineer virtuoso and veteran, who Loyalty Prime was able to win as their new CTO at the beginning of 2019.

Riedel summarizes: “We will be extending the power of AI to all aspects of loyalty program management with our next generation SaaS platform. Using advanced machine learning techniques, Loyalty Prime’s AI will maximise efficiency and effectiveness of loyalty program business rule creation, segmentation and personalisation, next best offer management, and fraud prevention, to name a few.”

Christoph Straub, Loyalty Prime’s founder, and CEO is excited about this new chapter of his company. “This is an entirely new level of service we will be able to provide to our customers, helping to unleash the immense power of loyalty programs, creating maximum results, reducing the need for human intervention to a minimum. This will be clearly disruptive and unique to the multi-billion Euro / US loyalty industry.

Hi inov is very pleased about the latest addition to its portfolio. As Wolfgang Krause, Managing Partner at High inov summarizes: “Our VC fund is specialized in supporting innovative tech startups that provide exciting digital transformation solutions to companies around the globe. We chose to invest in Loyalty Prime as it provides an effective solution to deliver on the widely preached but seldomly fulfilled promise in data-driven marketing and personalization: being able to provide “the right offer to the right person at the right time, in the right channel and with the right message for impactful business results”.”

 

About Loyalty Prime    

With its award-winning enterprise SaaS platform ‘Prime Cloud’, Loyalty Prime provides a uniquely flexible solution to quickly and efficiently set up and profitably run omnichannel loyalty programs (GDPR-compliant if/as required). In addition to Prime Cloud’s rich feature-set, clients also benefit from Loyalty Prime’s extensive customer loyalty consulting expertise. Since the company was founded in 2014, it has helped dozens of blue-chip companies from a wide range of industries establish some of the leading reward programs in their respective industry sectors. Since the beginning of 2019 Loyalty Prime is driving the next generation of their SaaS platform to enable fully automated loyalty program management based on artificial intelligence.

https://www.loyaltyprime.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 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 240 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

Capmo closes new financing round

Capmo closes €5 million Series A funding round 

Munich, 30 January 2020 Capmo has successfully completed its Series A financing of €5 million. In addition to the existing investors, UVC Partners and HW Capital, VC Capnamic Ventures, which specializes in B2B SaaS, is investing in the Munich-based company. Well-known founders and business angels from the CDTM environment will also join the group of investors in the course of the round.

Capmo is the provider of the cloud-based SaaS solution for digital construction and is on its way to becoming the leading operating system for the construction site in Europe. The construction industry is one of the most important industries worldwide. Nevertheless, even many of the biggest players still work with pen and paper due to the lack of digital solutions.

While established providers of construction software focus on highly complex all-round solutions for the desktop, Capmo is developing a cloud-based operating system that combines the advantages of modern software with a wide range of functions. “Who benefits from software that could do everything but can’t be used by anyone,” says Florian Biller, CEO and co-founder of Capmo. “We believe that the industry needs an intuitive all-round solution that simplifies every step on the construction site and makes people in the construction industry enjoy their work again. That’s why we’re building the intuitive operating system for construction sites in Europe.”

The fact that Capmo hits the mark with its software and its vision is proven by the steep growth curve of the start-up: the customer base has increased more than tenfold in 2019 compared to the previous year. Industry leaders like Max Bögl and Düsseldorf Airport are among them. After almost one and a half years, Capmo is now used for the digital management of thousands of projects with a construction volume in the double-digit billions, including the Frankfurt Grand Tower, Germany’s tallest residential building, and the Deutsches Museum in Munich.

“The construction industry is a crucial economic factor in every country and yet less digital and efficient than other industries. In the construction industry, a strongly customer-oriented and holistic solution like the one Capmo develops is overdue. It has the potential to make projects in the construction industry plannable, cost-saving and of high quality.” adds UVC partner Dr. Ingo Potthof.

On the way to Europe’s market leader

With this investment, Capmo intends to further expand the cloud-based software into a comprehensive construction site operating system and win the European market for itself. “With this financing, we can take the decisive steps to further expand the product and the team.” says Biller. “There is still much to be done before every construction site in Europe works efficiently and data-driven.”

About Capmo:

Capmo is an integrated software for companies in the construction industry. With their cloud-based solution, architects, construction managers, engineers, contractors and subcontractors can digitally capture, control, and coordinate all processes on the construction site and in the office. With linked mobile and web apps, Capmo enables smooth collaboration in real time and provides data-based recommendations for efficient and resource saving construction. The modern construction site operating system frees construction professionals from tedious paperwork and administrative tasks, so they can concentrate on the important things and the successful completion of their project.

The Munich-based software provider was founded in 2018 by CDTM graduates Dr.-Ing. Patrick Christ, Florian Biller, Florian Ettlinger and Sebastian Schlecht. Several hundred customers in Europe already rely on Capmo’s digital solution and use the software to implement well over 5,000 data-based projects.

More information on www.capmo.de/, LinkedIn: www.linkedin.com/company/capmo/

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

Isar Aerospace closes new financing round

Launch company Isar Aerospace closes €15 million Series A funding round 

Munich, 10 December 2019 – European space company Isar Aerospace has closed a €15 million Series A investment round led by Earlybird and Airbus Ventures to develop low-cost launch vehicles dedicated to deploying and resupplying satellite constellations.

Existing investors Vito Ventures and UVC Partners participated in the round alongside Bulent Altan who served 12 years at SpaceX including Vice President positions as well as Christian Angermayer’s Apeiron Investment Group.

Isar Aerospace was founded in 2018 by Daniel Metzler, Josef Fleischmann, and Markus Brandl, all of them studied at the Technical University of Munich and have a background in Aerospace Engineering. The company is leveraging advanced manufacturing to enable high performance yet low-cost access to space, serving small and medium satellite manufacturers who drive innovation and digitization with data from space. “Space is becoming the new internet and its commercialization is in full swing,” said Daniel Metzler, CEO of Isar Aerospace. “This funding round enables us to progress substantially in our development of sustainable, environmentally-friendly launch vehicles and further deliver on our vision to make space access affordable for everyone.”

Hendrik Brandis, partner at Earlybird comments: “There is a new spirit of optimism in aerospace. We see the New Space segment as a business of the future around rockets and satellites. Isar Aerospace convinced us in particular with its professional, motivated and highly talented team. This is our first investment in this field, and we are proud to support Isar Aerospace as their Series A lead investor and look forward to accompanying them on their journey as investors and supporters.” 

Over the past year, Isar Aerospace has been developing its Spectrum rocket at unmatched speed. The development is fully on track for the first launch in late 2021 while key milestones such as propulsion system hotfire testing and agreements for launch site access have been achieved. “At Airbus Ventures we’re proud to add Isar Aerospace to our global portfolio of innovative launch systems,” remarks Airbus Ventures Financial Officer and EMEA team member Claas Carsten Kohl. Mathieu Costes, Airbus Ventures Partner adds “We’re pleased to entrust Daniel and his outstanding team, bringing impressive new technologies and approaches to the challenges of Low Earth Orbit, to represent our first deal in Germany. Together with our investment round co-leader Earlybird and under the continuing guidance of Bulent Altan we’re pleased to help draw together the ecosystems of new space excellence in both Germany and in the wider Airbus universe.”

The Isar Aerospace launch manifest is also picking up momentum with governmental and commercial customers including a Memorandum of Understanding with Airbus Defence and Space for multiple satellite constellations launches.

“Since the seed round where I participated as well, I was able to watch Isar Aerospace’s progress closely and I have to say that they have made impressive progress in their quest of building a cost-effective medium-sized launcher and differentiating themselves in this ever-growing launcher market by targeting the right segment with solid engineering. As such this investment decision was an easy one to make,” says Bulent Altan.

 

About Isar Aerospace:

Isar Aerospace democratizes access to space through flexible and low-cost satellite launch services. The company capitalizes on technology leaps in advanced manufacturing increasing both performance and environmental responsibility. Based on cutting-edge rocket engineering research, the innovative propulsion architecture lowers emissions drastically for sustainable use of space, paving the way for future space exploration.

More information on www.isaraerospace.com, LinkedIn:www.linkedin.com/company/isaraerospace/

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 finn.auto

8.8 million Euro seed financing for finn.auto 

HV Holtzbrinck Ventures, Heartcore Capital, Picus Capital, and UVC Partners invest in CO2-neutral auto subscription

Munich, December 10, 2019 – The Munich-based auto subscription company finn.auto announces the closing of its seed financing round of 8.8 million euros. The round was led by HV Holtzbrinck Ventures, one of the leading European VC companies with investments in companies such as Flixbus and Zalando. Also involved are Heartcore Capital and UVC Partners as well as existing investor Picus Capital.

The all-inclusive car subscription went live in October 2019 and stands out due to its fair and transparent return conditions, the short-term availability of the cars and maximum flexibility in the market: customers can change or cancel their car at any time. By offsetting the CO2 emissions of its fleet, the startup enables more sustainable mobility, which is also uncomplicated. Subscribing to finn.auto is as easy as buying shoes on the internet. Currently 76 different vehicles are available. The offer is tailor-made for small and medium-sized companies that are increasingly looking for more flexible all-inclusive mobility solutions for their business mobility. The fresh capital is now to be used to expand the vehicle fleet with a focus on electric mobility, to make cars available at even shorter notice and to significantly expand the team.

“finn.auto has convinced strong and reliable investors with its consistent approach. We offer a flexible and service-oriented mobility alternative that differs significantly from leasing. With our user-friendly offer we are meeting a great interest in the market”, says founder and CEO Max-Josef Meier.

Rainer Märkle, General Partner at HV Holtzbrinck Ventures, adds: “We are currently seeing massive upheavals in the mobility market due to changing user behavior with a focus on greater flexibility and simple solutions. This means great market opportunities for companies like finn.auto.” “The management team’s outstanding expertise in e-commerce, mobility and fleet financing is what convinced us and is a perfect fit to tackle his huge but complex market opportunity,” says Dr. Ingo Potthof, Managing Partner at UVC Partners.

 

About finn.auto

finn.auto is the new platform for climate-neutral car subscriptions. The CO2 footprint of every kilometre driven is compensated. To this end, the company cooperates with ClimatePartner in selected and certified climate projects. Finn makes driving a car as easy as buying shoes on the internet: With just a few clicks you can subscribe to a car that is immediately available – without any further effort. finn was founded in 2019 by Max-Josef Meier (former founder Stylight.de). The mission: To drive your own car easily and sustainably with finn.

 

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 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