
HTGF backs Immersight’s six-digit round
High-Tech Gründerfonds (HTGF) and MBG Baden-Württemberg have raised a six-digit euro sum for German virtual reality startup Immersight.
The capital will be used for technology development and growth.
Previous funding
In October 2014, HTGF and MBG provided seed capital for Immersight.
Company
Founded in 2012 at the University of Ulm, Immersight's Roomglasses enable users to see what a finished bathroom will look like while still in the planning phase. The company first sold its product in 2013 and it has been used in particular by bathroom sales executives.
People
High-Tech Gründerfonds – Torsten Löffler (senior investment manager).
MBG Baden-Württemberg – Steffen Gasior (investment manager).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater