Fundraising Reaches $38 Million for Plancraft
In the dynamic world of startups, investments are a crucial factor for growth and development. Here's a roundup of recent funding news in the DACH region.
The venture capital firm Smart Infrastructure Ventures (SIVentures) has launched a €30 million Fund II, specifically targeting early-stage B2B startups in AI, software, and enterprise technology sectors in the DACH region. The fund aims to invest in about 30 startups, with initial investments of up to €500,000 per company, focusing on pre-seed and seed stages. SIVentures II has already made four investments, although the specific startups invested in by this fund were not named in the available information.
Moving on, let's focus on some specific startups. Plancraft, a Hamburg-based startup, has raised €38 million in a Series B funding round. The investment was made by prominent investor Headline, Creandum, High-Tech Gründerfonds (HTGF), and xdeck. The new funding will be used for the development of an AI-first software and team expansion. Plancraft's mission is to ensure that no more school graduates feel unprepared for a digital future. The company currently employs around 100 people, and the total investment in Plancraft now exceeds €50 million.
Another startup making waves is Beawear, from Kaiserslautern. The company is receiving €438,320 from the business angel network Companisto. Beawear focuses on AI-based body measurement and aims to rethink fit in the fashion world for fewer returns, more comfort, and sustainable production.
The EdTech startup paddy, founded by Matty Frommann, Lukas Portmann, and Tobias Schröder, is also securing investments. Early-stage investor High-Tech Gründerfonds (HTGF) is investing €1 million in paddy from Bielefeld. Paddy aims to become a "digital toolbox for modern teaching".
Lastly, TimeTeller, a startup from Hamburg, founded in 2023 by Angela Relogio and Benjamin Dose, focuses on chronomedicine. Adapting the timing of medical treatment to the circadian rhythm of an individual patient can optimize effectiveness and reduce side effects, according to TimeTeller's self-description. TimeTeller is receiving an investment from the impact investor capacura (Ingo and Ina Dahm).
While there is no publicly available information about recent investments in these startups, you can find more detailed information by consulting their respective press releases, company websites, or specialized funding databases.
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