Triangle Venture Capital Group has led a EUR 4.1m investment in iOpener. iOpener has developed a technology to map real-world competitions such as Formula 1 to an artificial world, allowing gamers to participate in the race virtually and in real time. Their first product is based on innovations from European Space Agency, which allows the efficient transmission of telemetric data from a plurality of moving objects and their mapping into the game’s virtual world. iOpener is the first VC-backed ESA spin-off in satellite applications, and has headquarters in Aachen, Germany, and Delft, the Netherlands, to leverage the expertise found at the world-class technical universities in both locations.
This is the second deal inked by the GP via Wisequity V, which closed on its €260m hard-cap in July 2019
Pascal Meysson joins from Alcentra and has previous experience at Deutsche Bank and Charterhouse
Mirabaud is reportedly planning to invest via its Living Heritage private equity fund
HIG invested from its Growth Buyout Equity Fund III to acquire Vernacare from Palatine