VC firms invest $4m in Senic
Birchmere Ventures and Target Partners have taken part in a $4m seed funding round for smart home software and hardware developer Senic.
Gira, a manufacturer of building systems technology, also took part in the financing.
The fresh capital will be used to expand Senic's product portfolio.
The company says it is aiming to bridge the gap between traditional building automation systems such as Crestron or KNX and newer less expensive home control systems.
Its latest product, Covi, is a speech-enabled lamp that will begin shipping in May 2018.
Previous funding
Birchmere led an early-stage funding round for Senic in March 2016 and was joined by Target Partners in September 2016. Senic was founded within the Y Combinator programme, a US seed accelerator for emerging tech businesses.
Company
Founded in 2013 and based in Berlin, Senic builds hardware and software for smart homes and offices. It creates interfaces using haptics-, vision- and speech-based products that offer access to smart devices and services.
The startup currently employs 23 people. Its first product, Nuimo, is a smart home controller that enables interaction with in-home technology such as Sonos or Raumfeld multi-room speakers, Philips Hue light bulbs, and smart thermostats.
People
Target Partners – Michael Münnix (partner).
Senic – Tobias Eichenwald (CEO).
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