HTGF backs laser scanner p3d in seed round

Innovationsstarter Fonds Hamburg, a subsidiary of development bank Hamburgischen Investitions- und Förderbank, also invested alongside HTGF.

This is the latest in a series of investments for HTGF in laser solution providers. The German venture firm has invested in optical components test equipment manufacturer Uceo Technologies, micro-cooling systems provider IQ Evolution, manufacturer of laser diode drivers Picolas, laser-based endoscopic and microscopic measuring systems manufacturer Scopis and developer of spectroscopic gas sensors PAS-Analytik.

Other laser solution providers backed by the Bonn-based VC include laser and light systems provider GME German Medical Engeneering, and laser and automation equipment manufacturer Notion Systems.

Company
Hamburg-based p3d is a spinout from Leibniz University in Hannover.

The firm developed a portable, kinematic laser scanning system to capture 3D models of physical objects as 3D point clouds. p3d exhibited its products at Intergeo, a trade fair for geodesy, geoinformation and land management, for the first time in 2012.

People
Erwin Frei, former president and CEO of Leica HDS, is CEO of p3d. Klaus Lehmann is a senior investment manager at HTGF. Doreen Huhle is investment manager at the Innovationsstarter Fonds Hamburg.

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