VC firms invest €3.6m in Blickfeld

Osram's corporate venturing arm Fluxunit, High-Tech Gründerfonds (HTGF), Tengelmann Ventures and UnternehmerTUM Venture Capital Partners all backed the round.

Blickfield will use the fresh capital to qualify its sensors for use in series-production vehicles and expand its team.

The company reports "great interest" from vehicle manufacturers and said it will utilise the close connections between UnternehmerTUM and the German government's Digital Hub Mobility programme, a joint venture with German auto makers.

Company
Blickfeld was founded in 2016 and is based in Munich. It develops LiDAR sensor systems for autonomous machines and vehicles. It uses commercial silicon components to produce low-cost products that meet the technical specifications required by car OEMs. The company owns 18 patents and employs 18 people.

People
Fluxunit – Ulrich Eisele (CEO).
High-Tech Gründerfonds – Lucille Bonnet (senior investment manager).
UnternehmerTUM Venture Capital Partners – Andreas Unseld (partner).
Blickfeld – Florian Petit, Mathias Müller, Rolf Wojtech (founders).

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• Topics
• Early-stage
• DACH
• Industrials
• Venture
• Germany
• High-Tech Gründerfonds