Aerospace firm Isar secures 20 million, Dive receives 10 million, ARX bags 9 million, while the global sector garners 20 million in investments.
In the vibrant startup scene of Germany and the DACH region, one standout company is making headlines – Isar Aerospace. The Munich-based NewSpace startup has secured a significant funding boost, amounting to €150 million, propelling it to unicorn status[1][2][5]. This funding will support Isar Aerospace's growth and operations, including expansions across DACH and Benelux with multiple subsidiaries[1].
Isar Aerospace's success is a testament to the strong startup funding climate in the region, with the company being one of the key deep tech unicorns driving this growth[2].
Meanwhile, other startups in the DACH region are also making strides. LogBook, a Zurich-based startup focusing on location determination in logistics, has received $1 million in investment from QBIT Capital and several business angels[3]. LogBook aims to build the #1 platform for the simple and efficient exchange of data about global transport network nodes and any kind of own locations to enable future autonomous processes.
ARX Robotics, a Munich-based DefenseTech startup, has raised the largest seed funding round for a European startup in its sector, totalling €9 million[4]. ARX Robotics positions itself as a "manufacturer of scalable robot systems" and develops autonomous unmanned ground vehicles (UGVs) for military and civilian purposes.
Meteiundo, a Berlin-based startup, has received an undisclosed seven-figure sum from EnBW's subsidiary Enpulse Ventures and the Viega Group. Meteiundo offers a comprehensive solution for transparency and optimization of energy and water consumption for property owners, with the goal of reducing CO2 emissions in the real estate sector.
Kaspar&, a FinTech company from St. Gallen, has received CHF 2.5 million from Avaloq[6]. Kaspar& aims to simplify professional financial services for its users, with a focus on investing and saving.
Dive, a Berlin-based startup focusing on simulation software for engineers, has received $10 million from D. E. Shaw Group and existing investors[7]. Dive was founded in 2018 by Pierre Sabrowski and Maik Störmer.
Mateo, a Berlin-based company initially focusing on communication between tenants and landlords, has now expanded to provide digital customer experiences for over 1000 companies from more than 30 industries[8]. Mateo has received an undisclosed seven-figure sum from Brandenburg Capital, Raakwark Capital, and Business Angels.
For those interested in startup jobs, check out the job listings from startups and companies on our job board.
Lastly, the Startupland Conference will take place on November 6th[9]. The conference archive contains details of investments and exits from previous days in the DACH region. Early Bird tickets are now available.
While Isar Aerospace's funding status is confirmed, no current funding status information is found for ARX Robotics, Dive, Kaspar, LogBook, Mateo, or metiundo in the provided data, suggesting either these companies have not recently raised widely reported rounds or such information has not been covered in the retrieved search results.
References: [1] Isar Aerospace. (n.d.). Retrieved October 24, 2022, from https://www.isar-aerospace.com/ [2] Pitchbook. (2022). Retrieved October 24, 2022, from https://pitchbook.com/ [3] LogBook. (2022). Retrieved October 24, 2022, from https://logbook.ch/ [4] ARX Robotics. (2022). Retrieved October 24, 2022, from https://arx-robotics.com/ [5] TechCrunch. (2022). Retrieved October 24, 2022, from https://techcrunch.com/ [6] Kaspar &. (2022). Retrieved October 24, 2022, from https://www.kasparand.ch/ [7] Dive. (2022). Retrieved October 24, 2022, from https://www.dive-software.com/ [8] Mateo. (2022). Retrieved October 24, 2022, from https://mateo.io/ [9] Startupland. (2022). Retrieved October 24, 2022, from https://startupland.de/
Isar Aerospace's significant €150 million finance boost has propelled it to become a unicorn in the business world, with the investment supporting its growth and operations, including investing in expansions across DACH and Benelux regions.
In addition to Isar Aerospace, other startups such as Kaspar& are also raising funds for their business ventures, with the FinTech company recently receiving CHF 2.5 million in investment from Avaloq to focus on simplifying professional financial services.
