Tech Company Financing Transactions
Intelligent Fluids Funding Round
Intelligent Fluids secured a $10.8 million Series B funding round on 3/15/2023. Investors included Wave Equity Partners, High-Tech Gründerfonds and IBG Beteiligungsgesellschaft Sachsen-Anhalt.
Transaction Overview
Company Name
Announced On
3/15/2023
Transaction Type
Venture Equity
Amount
$10,776,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to grow the team, increase manufacturing capacity at its German plant, and initiate expansion into global markets through establishment of manufacturing entities in USA, India, MENA and Taiwan.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Karl-Heine-Strasse 99
Leipzig, 04229
DE
Leipzig, 04229
DE
Phone
Website
Email Address
Overview
The entrepreneurial success story of intelligent fluids GmbH began in 2006 - at that time still under the name beyond & bubbles GmbH. In the more than 15-year company history, innovative and sustainable product solutions based on the patented phase fluid technology have been designed and developed, which represent an ecological, efficient and economical alternative to the prevailing use of aggressive and hazardous chemical-based cleaning agents.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Christian Romlein
Chief Operating Officer
Christian Rack
Chief Technical Officer
Alexander Breul
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