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.
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