AI start-up helps companies to use their data to make the best possible decision under any circumstances

Scavenger AI secures €1.1m pre-seed funding

15-Apr-2024 - The German data analytics & AI start-up Scavenger AI secures its pre-seed financing in Q1 2024. A total of € 1.1 million was raised under the lead of HTGF together with Calm/Storm Ventures, Femventix​,​​ and ​the B4i Fund to enable companies to perform complex data analyses in just a few ...

Creation of digital twins of machines in minutes

AI startup Tomorrow Things simplifies and accelerates complex digitalisation of machines: EUR 1.5 million in seed funding

25-Mar-2024 - AI start-up Tomorrow Things has secured €1.5m in funding to continue the development of an AI-powered Operating System for machines on the internet. This solution will save clients up to 90% in manual integration and other costs. An investment to make AI fly Tomorrow Things’ €1.5m funding was ...

Quantum algorithms for material, chemical and pharmaceutical research

HQS Quantum Simulations brings in 12 million euros in series A

27-Jan-2022 - HQS Quantum Simulations, Europe’s leading startup for complex quantum simulations, has concluded a series-A financing round and secured more than 12 million euros together with new research funding. As a new investor, the French quantum VC fund Quantonation is leading the financing round; with ...

Increase production efficiency and sustainability by leveraging AI

Operaize receives €1.5 million in seed capital

23-Nov-2021 - Cologne-based start-up Operaize has successfully closed a seed financing round with three investors: High-Tech Gründerfonds (HTGF), Fraunhofer Technologie-Transfer Fonds (FTTF) and NRW.BANK invest a total of 1.5 million euros in Operaize to accelerate the development of the AI-based product, ...

Making gas leaks in the chemical industry visible from kilometres away

Grandperspective secures seed financing

23-Oct-2020 - Over 30% of major leaks of toxic of flammable industrial gases remain undetected by gas sensors. Grandperspective develops with the scanfeldTM world’s first early warning solution monitoring entire chemical parks for gas leaks. The High-Tech Gründerfond (HTGF) finances this innovation in ...

PANDA starts AI-based root cause analysis and identification in industrial production

€ 1.3 million seed financing

10-Dec-2019 - PANDA detects the error in the production process with the help of Artificial Intelligence and solves the biggest problems in industrial production. With the Plug & Play product DRIFT, PANDA offers an all-in-one system for minimizing plant downtimes and performance deficits in the production ...

HQS Quantum Simulations closes seed financing round

22-Oct-2019 - From 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. ...

Simreka closes a seven figure financing

13-Jun-2019 - Simreka, simulation software that accelerates materials driven product and manufacturing process innovation using AI, announced that it has raised a seven figure seed financing round led by High-Tech Gruenderfonds (HTGF) with participation from the SAP.iO Fund. Simreka has built a powerful ...

Optimizing costs for companies with on-site power generation

Frankfurt-based startup node.energy GmbH secures financing

15-Dec-2017 - High-Tech Gründerfonds (HTGF) and 5 Business Angels are investing together just under 1 million euros in node.energy GmbH. The company develops software to optimize energy costs for companies with on-site power generation. The funding will be used to further develop the software and to finance ...