HTGF backs Sota Solutions
High-Tech Gründerfonds (HTGF) and Gundlach Group have supported Berlin-based software developer Sota Solutions with seed financing.
The start-up company plans to enter the biochemistry and biogas markets with its newly developed process-prediction software. HTGF typically invests €500,000 in first funding rounds.
Company
Sota Solutions' parent company Sota was founded by computing student Kolja Bailly and span out from Berlin University for Technology in 2011, with partners Peter Kock, head of technology, and Sebastian Körner, sales and marketing manager.
The company already enjoyed financial support from the European Institute of Technology under the Climate-KIC programme. In May 2012, the company's half-year turnover of €50,000 was used to found Sota Solutions.
Sota Solutions has developed an automated software process that reconfigures itself according to the user's needs. The software predicts complex processes for use in biochemical production facilities and to control biogas facilities. The company also works in the renewable energy sector.
People
Michael Strzyz is investment manager at HTGF.
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