
HTGF divests Sopat
High-Tech Gründerfonds (HTGF) has sold its stake in digital image analysis business Sopat to the investment company of business angel Dr Max Iann.
HTGF usually invests €500,000 at the seed stage and is currently investing from its €304m HTGF II vehicle.
Previous funding
In February 2013, HTGF and Steelhouse Ventures took part in the first round of funding for Sopat. The capital injection was earmarked for further product development and to finance the company's entry to market. Sopat had already acquired service contracts, sold its first prototype and gained research funding prior to the investment.
At the time, Sopat said it would use Steelhouse's energy expertise to expand into the oil and petrochemical industries.
Company
Founded in 2012, Berlin-based Sopat (which stands for smart online particle analysis) span out of the technical university of Berlin. It has developed a particle measurement system for real-time analysis of multi-phase systems. Particles including droplets, grains, cells and bubbles are measured by a photo-optical sensor probe with integrated image analysis.
The company posted a turnover of €80,000 with an EBITDA margin of 9% in its first year. It currently employs 8 people.
People
Ron Winkler is an investment manager at HTGF. Sebastian Maaß, Jürgen Rojahn and Jörn Emmerich are co-founders of Sopat.
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