
HTGF et al. back Sopat
High-Tech Gründerfonds (HTGF) and Steelhouse Ventures Ltd have invested in a first round of funding for Berlin-based Sopat, a digital image analysis business.
HTGF typically invests €500,000 in first funding rounds. The financing will be used to facilitate market entry and enable further product development. The company had already acquired service contracts, sold its first prototype, and gained research funding prior to this investment.
Company
Sopat specialises in the analysis of particulate systems. The business has developed an image-based particle measurement technology, measuring drops, grains, cells, and bubbles, for the real-time analysis of multiphase systems. The technology will be used to optimise chemical, pharmaceutical and biotechnological processes. Sopat was founded in 2012, supported by the technology university in Berlin. The company had a turnover of €80,000 with an EBITDA of 9% in its first year. It currently employs 8 people.
People
Ron Winkler worked on the deal as investment manager at HTGF, while Mark Conway represented Steelhouse.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater