HTGF in seed round for 8sense

Thieme Group, a Stuttgart-based medical information services group, and an unnamed angel investor from the BayStartUp Network also joined the round.

HTGF used its High-Tech Gründerfonds III fund for the investment. The vehicle held a final close on €316.5m in May 2018. It makes initial investments of €1-3m in German technology startups that are less than three years old.

The fresh capital will be used to invest in product development, particularly the development and optimisation of algorithms, and the analysis and evaluation of body movements. The company expects to hold a market launch for its products in April 2019.

Previous funding
Beurer Group, a retailer of health and home electronics, invested a six-figure amount in the startup in July 2018.

Company
Founded in 2017, 8sense develops hardware and software to support physiotherapists and aid consumers with back pain. The startup is based in Rosenheim.

People
High-Tech Gründerfonds - Lena Krzyzak (investment manager).
Thieme Group – Udo Schiller (manager for products & solutions).
8sense - Ralf Seeland (co-founder and CEO); Christoph Tischner (co-founder and CMO).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Early-stage
• DACH
• Healthcare
• healthcare
• High-Tech Gründerfonds
• Germany
• seed
• Venture