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Financing: Ftapi raises 65 million euros

The Munich-based software company Ftapi has secured €65 million in a recent financing round. The fresh capital will be used, among other things, to expand its product portfolio and expand into additional European markets.

Ftapi With its software solution, Ftapi aims to create a new security standard for workflow automation, a standard that every company, every government agency, and every healthcare facility needs. The platform enables the secure sending, receiving, and sharing of data as well as the automation of workflows, while sensitive information is always protected. According to the company, 2,000 companies and more than one million users already use the Ftapi products SecuMails, SecuRooms, SecuForms, and SecuFlows.

After a Growth capital round in October 2021 The company has now again successfully secured financing of €65 million. Growth investor Armira Growth and Tikehau Capital, a global asset manager, are participating in the round. The goal of this financing is to further drive Ftapi's growth in the European market and thus strengthen European sovereignty in the management of sensitive data. The investment is intended to further support the expansion of Ftapi's product portfolio and drive strategic acquisitions. Furthermore, the company aims to strengthen its market position in the core markets of Germany, Austria, and Switzerland and expand into other European markets.

“Clear focus on European technologies and values”

Ari Albertini, CEO of Ftapi, explains:

"The strategic collaboration with Armira Growth and Tikehau Capital underscores our clear focus on European technologies and values. Our mission is to give our customers full control over their data while adhering to the highest standards of compliance and cybersecurity."

Thomas Friedberger, Deputy CEO of Tikehau Capital, continues:

"Tikehau Capital has a long history of supporting companies that promote digital trust and data sovereignty. We are excited to partner with Ftapi to help the company further accelerate its growth, strengthen its market leadership in secure data exchange, and further advance Europe's digital independence."

“Impressive example of the potential and importance of the German tech ecosystem”

And Christian Figge, Managing Partner at Armira Growth, adds:

"Ftapi's success story is an impressive example of the potential and importance of the German tech ecosystem in strengthening digital and economic independence. We are delighted to support Ari and the entire Ftapi team on their continued journey to becoming a European tech champion."

As part of the financing, Daniel Niesler, founder and long-time CEO of Ftapi, is stepping down as Managing Director, but will remain a shareholder and member of the Advisory Board. At the same time, the previous investor, Yttrium, has sold all of its shares.

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