• Suena Energy, for instance, has raised €8 million in a Series A financing round. The Hamburg-based startup specialises in algorithmic optimisation and trading for energy storage systems and renewable energies. Suena will use the fresh capital to expand its rapidly growing energy storage market, scale its business model and expand globally.
• MUVN has also secured a seven-figure sum in a pre-seed financing round. The Hamburg-based startup has developed a ride-sharing service for objects and thus a new business model for logistics.
• Meanwhile, the Encentive startup has raised €6.3 million in a seed financing round. The team, led by CEO Nicolás Juhl, sells AI-supported software that automatically controls industrial energy flows.
• Holy Technologies has raised €4.3 million in a financing round. The company will put the fresh capital towards building the world's first autonomous factory for lightweight parts in Hamburg. This should lower fuel consumption, increase the range of vehicles and make many industries more efficient.
• Trust NXT, a spin-off of image processing specialist Basler AG, plans to use €1.6 million raised in a pre-seed round to develop its security platform. The platform protects images and videos in critical B2B applications from AI-based manipulation and cyber-attacks.
• Leadity has brought Cusp Capital on board as investor. And Carsten Maschmeyer is investing in Kassen Kompass. Meanwhile, the IFB Innovationsstarter has added three new startups to its support scheme namely Datacept, Biohugs and Momentum Transfer.Bild.
