
HTGF et al. back gestigon
High-Tech Gründerfonds (HTGF) and regional fund Mittelständische Beteiligungsgesellschaft Schleswig-Holstein have invested in a seed round for German software developer gestigon.
The financing will help the start-up penetrate international markets and allow for further development of the product. HTGF typically invests €500,000 in seed rounds.
Company
Lübeck-based gestigon has developed a software for gesture recognition and control on the basis of 3D cameras, which is compatible with mobile devices and runs on all standard operating systems.
The company was founded in 2011 as a spin-off from the University of Lübeck's Institute for Neuro- and Bio-informatics. The company's founding members are Sascha Klement, Erhardt Barth and Thomas Martinetz, and the team was completed by managing director Moritz v Grotthuss, who joined in 2012.
People
Investment manager Michael Strzyz led the deal for HTGF.
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