
HTGF invests in Codetrails
High-Tech Gründerfonds (HTGF) has invested approximately €500,000 in Technical University of Darmstadt spinout Codetrails.
The cash injection has been earmarked to improve the company's automated knowledge transfer and bug detection.
HTGF invests €500,000 initially, and can invest up to €2m per portfolio company.
Company
Founded in 2013, Darmstadt-headquartered Codetrails develops tools to use big data in software engineering. Its technology automatically analyses millions of lines of code to extract the data required by developers and to identify bugs.
The company already has customers from the automotive and tourism industries and employs three people.
People
Marcel Bruch is founder of Codetrails. Marvin Andrä is investment manager at HTGF.
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