Anterra injects €5m into LemnaTec

The fresh capital will be used to fund LemnaTec's international expansion – particularly in the US, where it recently opened a St Louis office. Proceeds from the round will also be used for software development.

Previous funding
Venture capital investor Deutsche Effecten und Wechsel-Beteiligungsgesellschaft (DEWB) invested €2m in LemnaTec in May 2013, securing a 43.6% stake.

Company
Founded in 1998, LemnaTec provides users with a range of research platforms and analysis software for agricultural chemistry, plant cultivation, biotechnology and pharmaceutical research. A typical installation includes camera and sensor systems, application and analysis software, high-speed data-processing components and plant handling engineering tools. It has around 30 employees.

People
Dirk Vandenhirtz is CEO and founder of LemnaTec. Dudley Hawes is partner at Anterra Capital.

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• Topics
• DACH
• Expansion
• Technology
• Germany