Speedinvest leads €1m round for Timeular

The company will use the new money to expand its operations to the US and other international markets. It will also invest in further product development and hire more software developers.

Since its product launch eight months ago, Timeular has secured 5,000 orders in 80 countries and the team has grown from four to 11.

Previous funding
In September 2016, VC firms Pioneer Ventures and Enchant invested €200,000 in Timeular. The company then raised €314,000 via a crowdfunding platform.

Company
Timeular was founded in June 2015 in Graz. It has designed and is in the process of manufacturing and shipping a small electronic polygon called Zei. It is described as a timekeeping dice that users can turn onto a different face when they change activity. The dice is linked to a mobile app that save the user's schedule, and keeps time of how long the dice rests on each activity. The first products are expected to ship in 2017 at a retail price of €120.

People
Speedinvest – Lucanus Polagnoli (partner).
Timeular – Manuel Bruschi (CEO).

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

• Topics
• Early-stage
• DACH
• Consumer
• Austria
• Venture