Christmas came early for Blickfeld: The manufacturer of LiDAR solutions secured €7.5 million in growth financing just before Christmas. The round was led by the private equity firm New Future Capital (NFC) and UVC Partners. All existing investors, including Bayern Kapital, Continental, Fluxunit – ams Osram Ventures, High-Tech Gründerfonds, and Tengelmann Ventures, are also participating.
With the fresh capital, the Munich-based startup plans to further intensify its marketing and sales activities, thereby doubling its revenue in the coming year and beyond. It also aims to strengthen its market position in its core markets of Europe, North America, and China. Investments will also be made in the further development of its proprietary LiDAR technology and industry solutions based on it.
The Munich startup founded in 2017 Blickfeld develops and produces LiDAR sensors and perception software. These generate precise three-dimensional information about the shape and surface properties of surrounding objects, enabling a wide range of applications. The technology is already being used in the privacy-compliant detection of vehicle and pedestrian flows in retail spaces and public places. It also supports traffic flow optimization, urban planning, and the reduction of false alarms in building and security systems. Blickfeld currently reports the greatest growth in areas such as volumetric measurement of bulk materials. According to Munich Startup Insights The Munich-based LiDAR company has secured over 46 million euros in funding since its founding.
“Indispensable standard in numerous industries”
Mathias Müller, founder and CEO of Blickfeld, says about the current growth financing:
"The renewed commitment of our investors demonstrates their confidence in our solutions. We are confident that our LiDAR technology will soon establish itself as an indispensable standard in numerous industries and applications. It is reassuring to know that our investors continue to support us as strong partners."
And Daniel Reese, Investment Manager at UVC Partners, says:
"Blickfeld has successfully established itself in several industrial use cases with accurate detection solutions (e.g., security and volume measurement). We believe there is much more potential in the industry and that the Blickfeld's LiDAR technology will bring significant improvements in numerous areas. We are pleased to continue supporting the company's success story."
