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GERMANY - Pace raises EUR 3m

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eCapital has led a EUR 3m financing round in high-end engineering software developer Pace GmbH. IBB Beteiligungsgesellschaft and Strategic European Technologies also participated in the round.

Berlin-based Pace Aerospace Engineering and Information Technology GmbH specialises in the development of software solutions targeted at optimising the engineering enterprise. Its customers include Rolls-Royce, Airbus and Bombardier, who use its software for CAD-like applications in aircraft performance, cabin design and industrial product design.
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