Which startups particularly caught the attention of Munich Startup readers last month? In our "Startups of the Month" section, we present the five most exciting companies that made this month's list.
1st place: At the beginning of February Roadsurfer in one Financing round 30 million euros Avellinia Capital (AvCap) has invested in the Munich-based company. According to the company, the London-based investment firm's financing covers the camper startup's entire planned fleet investments for 2025, thus securing further expansion of the fleet in existing markets in Europe and North America. With this investment, the Munich-based company aims to expand its fleet from 8,500 to around 10,000 vehicles without the use of additional growth capital. (Photo: Roadsurfer)
2nd place: Finn announced in mid-February the Conclusion of a new ABS financing program (Asset-backed Security) "ABS II" in the amount of up to one billion euros. The financing is coming from leading global banks, including Citi and Jefferies. At the same time, Avellinia Capital is extending and expanding its commitment to fleet financing. With a so-called asset-backed security, the debt is secured by the vehicle fleet. Finn intends to use the ABS II to purchase new vehicles in order to continue growing in the German domestic market. Furthermore, the financing will also form the basis for fleet expansion for European expansion. (Photo: Finn)
3rd place: The drone robotics company Quantum Systems is on a successful path. Since the beginning of the Ukraine war, the company has also been selling its modular drones in a military context. Just a few months ago, the startup was able to expand its Series B to a whopping €100 million. As announced in February, Quantum Systems invests money into another Munich startup. EFT Mobility receives a financial injection for its complete propulsion systems. The Munich-based startup, based at the MTZ, focuses on the development of advanced electric propulsion systems for various industries, including aviation and UAVs (unmanned aerial vehicles). The company will now develop and build the entire family of batteries and charging solutions for all Quantum Systems UAV platforms. (Photo: EFT Mobility)
4th place:Avelios Medical digitizes workflows in hospitals and enables data-based patient care. This month, the Munich-based company was able to Series A 30 million euros from Sequoia Capital as well as its existing investors Revent and Hightech Gründerfonds (HTGF). With this fresh funding, Avelios aims to advance its mission to become the leading operating system for intelligent patient care of the future. (Photo: Avelios)
5th place:Caire.ai is developing a technology that can determine vital parameters such as pulse, blood pressure, oxygen saturation, or stress level based on a video recording of a face. The system works completely contactless and with almost any standard camera. With this innovation, Caire.ai convinced numerous investors at the end of February, who invested a total of850,000 euros as pre-seed financing The round was led by healthcare-focused VC YZR Capital. Bayern Kapital and capacura, the online pharmacy DocMorris, and Martin Blüggel, a healthcare angel investor, also invested. The startup will use the fresh capital to advance both medical certification and product development. (Photo: Caire.ai)