The Nect start-up, managed by Benny Bennet Jürgens and Carlo Ulbrich, closed a Series A round with an investment sum in the millions. The latest inventor is the Munich-based VC Alstin who will join the existing investor Dieter von Holtzbrinck Ventures. Nect specializes in software for video identification. Insurance companies or banks can verify their customer's identity using video and photo ID. Founded in 2016, Nect recently began working with the Hamburgische Investitions- und Förderbank (IFB) to prevent fraudulent distribution of corona aid.
Three Hamburg-based start-ups conclude financing rounds worth millions
The Hamburg-based Sympatient start-up has raised EUR 1.6 million from the IFB Innovationsstarter, the Swiss VC Investiere (Zurich) and several business angels. The e-health company's business model focuses on treating anxiety disorders with virtual reality (VR). The idea emerged from a study at the University Medical Center Schleswig-Holstein (UKSH) and prompted Christian Angern, Julian Angern and Benedikt Reinke to found the company in 2017.
Nect
Bepro11
The Bepro11 sports start-up has secured an investment of EUR 8.8 million from Altos Ventures, Saehan Ventures, SoftBank Ventures, Springcamp and Miraeasset Ventures. The company's sports video and data analysis tool helps coaches and players with their daily work. Founded by the South Korea national, Hyunwook Kang in Seoul in 2015, the company relocated to Hamburg in 2017 after a first financing round during which it secured some EUR 2 million. Altos Ventures, Korea Telekom and Softbank invested around USD 10 million dollars in another financing round in 2018.
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