
HTGF and Bayern Kapital back MicroDimensions
High-Tech Gründerfonds (HTGF) and Bayern Kapital have teamed up to back MicroDimensions, a German company specialising in microscopic image processing.
This is the first joint venture between the two private equity firms since October last year, when they injected capital into Photonics Healthcare, a medical equipment manufacturer. They were joined by business angel Adriaan Hart de Ruijter.
MicroDimensions will use the fresh capital to accelerate the development of further products and the growth of the company, with a view to expanding its share of the digital pathology market. The company is also hoping to create new applications for its customers in the fields of pathology and radiology.
Company
Headquartered in Munich, MicroDimensions was founded in 2011 as a high-tech spinout of the Technical University of Munich. Initial support was provided by the German Federal Ministry of Economics and Technology's research fund Exist.
The company has grown from the three founders – Marco Feuerstein, Martin Groher and Hauke Heibel – to a team of 13. MicroDimensions provides software solutions in digital pathology, making it possible to generate new findings in research and diagnostics by automatic combination of multiple microscopic images. The first software solutions were sold in 2012.
People
Martin Groher is CEO and co-founder of MicroDimensions. Ron Winkler is investment manager at HTGF.
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