Tech Company Financing Transactions
Cyclize Funding Round
Cyclize closed a $5.5 million Seed funding round on 3/5/2024. Investors included UVC Partners, High-Tech Gründerfonds and private investors.
Transaction Overview
Company Name
Announced On
3/5/2024
Transaction Type
Venture Equity
Amount
$5,470,000
Round
Seed
Investors
UVC Partners (Lead Investor)
private investors (Klaus Schäfer)
Proceeds Purpose
The company intends to use the funds to scale the technology and its application on an industrial scale with an expanded team.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Taxiswald 9
Leinfelden-Echterdingen, 70771
Germany
Leinfelden-Echterdingen, 70771
Germany
Phone
Website
Email Address
Overview
We are a young, passionate team of researchers and entrepreneurs from the University of Stuttgart who are pursuing an ambitious and important goal. Starting in 2018, our team has researched carbon utilization based on plasma technology. From the beginning, we developed and used our own equipment, which we now want to scale and commercialize.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Maike Lambarth
Chief Financial Officer
Dominik Novakovic
Chief Operating Officer
Jan Stein
Chief Technical Officer
Stephan Renninger
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We report on every notable VC transaction. VC transactions reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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