The investment came in the form of a non-dilutive credit facility provided by PvX Partners.
The seed round was led by FIRSTPICK VC, with participation from First Degree, NGL.VC, Scalewolf.VC, BADideas.fund, Nectolabs, Plug and Play, and several angel investors.
The funding round saw support from Wake-Up Capital, existing investors Rockstart, Inovexus, and Stamco AG.
The Fund III is backed by the Spanish Society for Technological Transformation (SETT), KfW, and Spanish family offices.
The round was co‑led by OTB Ventures and Alpha Intelligence Capital.
The $400,000 funding round for Black Forest Systems was supported by Swedish investors Front Ventures and Hede Capital Partners.
The fund will partner with UnternehmerTUM, giving portfolio companies access to corporates, talent, and industrial resources.
The seed extension round of heycare was supported by Scalehouse Capital as lead investor and Swiss Post Ventures as co-investor.