{"id":10972,"date":"2016-05-20T14:27:46","date_gmt":"2016-05-20T12:27:46","guid":{"rendered":"http:\/\/cms.munich-startup.net\/?p=10972"},"modified":"2016-07-11T14:32:27","modified_gmt":"2016-07-11T12:32:27","slug":"cevotec-successfully-completes-first-financing-round","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/10972\/cevotec-successfully-completes-first-financing-round\/","title":{"rendered":"Cevotec successfully completes first financing round"},"content":{"rendered":"<div class=\"entry-content\"><p><strong>The Munich startup <a href=\"\/en\/ecosystem\/cevotec-gmbh\/\" target=\"_blank\">Cevotec<\/a> has successfully completed its first round of financing. Also participating is <a href=\"http:\/\/www.bayernkapital.de\" target=\"_blank\">Bavaria Capital<\/a>. In addition, the <a href=\"http:\/\/high-tech-gruenderfonds.de\/de\/\" target=\"_blank\">High-Tech Founders Fund<\/a> and three business angels from the <a href=\"http:\/\/www.baystartup.de\" target=\"_blank\">BayStartUP<\/a>network involved.<\/strong><\/p>\n<p>The total investment amount is <strong>1.75 million euros<\/strong>With this investment, the spin-off from the Technical University of Munich will primarily finance the development of the software and production plant for series production.<\/p>\n<p><img decoding=\"async\" class=\"alignright size-medium wp-image-10982\" src=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2016\/05\/Cevotec_Management_1200-e1463738847913-440x241.jpg\" alt=\"Cevotec_Founder\" width=\"440\" height=\"241\" \/><\/p>\n<h3>\u201cBest prospects for a successful future\u201d<\/h3>\n<p>The startup develops and sells production systems and software for the automated production of complex carbon fiber components. With fully digital product development and additive manufacturing processes, the young company is bringing Industry 4.0 to the fiber composites industry, enabling manufacturers to achieve cost-effective, high-quality series production of complex CFRP components.<\/p>\n<blockquote><p>&quot;Cevotec has developed a future-proof technology with a broad range of applications in a growth market. (...) The competent founding team has a well-thought-out market entry strategy and a shareholder base with extensive know-how. These are excellent prospects for a successful future,&quot;<\/p><\/blockquote>\n<p>explained <strong>Dr. Georg Ried<\/strong>, Managing Director of Bayern Kapital.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The Munich-based startup Cevotec has successfully completed its first round of financing. Bayern Kapital is also involved. High-Tech Gr\u00fcnderfonds and three business angels from the BayStartUP network also participated. The total investment amounts to \u20ac1.75 million. With this investment, the Technical University of Munich spin-off will primarily support the...<\/p>","protected":false},"author":3,"featured_media":12536,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5633,10,1,5635],"tags":[1012,399,615,52,1133,392,252],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cevotec schlie\u00dft erste Finanzierungsrunde erfolgreich ab - Munich Startup<\/title>\n<meta name=\"description\" content=\"Das M\u00fcnchner Startup Cevotec hat seine erste Finanzierungsrunde in H\u00f6he von 1,75 Millionen Euro erfolgreich abgeschlossen.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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