{"id":45190,"date":"2019-02-21T13:10:14","date_gmt":"2019-02-21T12:10:14","guid":{"rendered":"https:\/\/cms.munich-startup.net\/?p=45190"},"modified":"2019-02-20T12:12:22","modified_gmt":"2019-02-20T11:12:22","slug":"reflekt-series-a-financing","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/45190\/reflekt-series-a-financing\/","title":{"rendered":"Re'flekt: Series A financing increased to $5.7 million"},"content":{"rendered":"

Munich-based startup Re'flekt has secured a total of $5.7 million in its Series A funding round. Security service provider Prosegur is on board as a new investor alongside BASF Venture Capital and Bosch.<\/strong><\/p>\n

The augmented reality startup Re'flect\u00a0<\/a>supports companies in creating their own augmented reality (AR) and mixed reality systems. Since its founding in 2012, Re'flekt has grown to over 60 employees at its two locations in Munich and San Francisco.<\/p>\n

Re'flekt \u2014 Series A financing to drive growth into new markets<\/h3>\n

Investors in the Series A round are the security company Prosegur, which has now invested 1.3 million US dollars, and BASF Venture Capital, which already invested in the summer of 2018 with a Investment of 4.4 million US dollars<\/a>.<\/p>\n

Thus, the current financing round raised a total of 5.7 million US dollars (5 million euros). In 2015, Bosch also invested in the AR company<\/a>The investment will further develop the augmented reality solution.<\/p>\n

\u201cAn investment partnership with a global leader in the security industry reinforces our belief that augmented reality can add value in many more markets than is generally assumed,\u201d<\/p><\/blockquote>\n

commented\u00a0Wolfgang Stelzle<\/strong>, CEO and founder of Re'flekt. According to Stelzle, AR in the security sector can significantly improve business processes through accurate and understandable data visualizations. He adds:<\/p>\n

\u201cWe are pleased that this investment will enable us to continue our strong growth in new markets and further invest in our team and products.\u201d<\/p><\/blockquote>\n

\"re'flekt<\/a>
\u00a9 Re'flekt<\/figcaption><\/figure>\n

\u201cOvercoming everyday hurdles with AR\u201d<\/h3>\n

Prosegur relies on the new AR technologies to overcome \u201ceveryday hurdles\u201d in a simplified way, explains\u00a0Javier L\u00f3pez Huerta<\/strong>, Managing Director at Prosegur Tech Ventures. He says:<\/p>\n

"Our investment demonstrates our belief that Re'flekt's solutions add value to our company and will continue to have a significant impact on the global industrial business."<\/p><\/blockquote>\n

The Munich-based startup's content creation platform and the included remote maintenance solution enable industrial companies to easily carry out daily maintenance or training activities.<\/p>\n

\u201cThanks to Re'flekt's platform, machine operators and maintenance staff can troubleshoot and significantly increase uptime,\u201d<\/p><\/blockquote>\n

explains Wolfgang Stelzle.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

Munich-based startup Re'flekt has secured a total of $5.7 million in its Series A funding round. Security service provider Prosegur is on board as a new investor alongside BASF Venture Capital and Bosch. The augmented reality startup Re'flekt supports companies in creating their own augmented reality (AR) and mixed reality systems. Since its founding in 2012, Re'flekt has grown to over 60...<\/p>","protected":false},"author":22,"featured_media":45270,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5633,1],"tags":[300,52,1145],"acf":[],"yoast_head":"\nRe'flekt: Series-A-Finanzierung auf 5,7 Millionen Dollar erh\u00f6ht - Munich Startup<\/title>\n<meta name=\"description\" content=\"Re'flekt Series-A-Finanzierung erh\u00f6ht sich nun auf insgesamt\u00a0 5,7 Millionen US-Dollar. Als Neu-Investor ist Prosegur an Bord.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cms.munich-startup.net\/en\/45190\/reflekt-series-a-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Re'flekt: Series-A-Finanzierung auf 5,7 Millionen Dollar erh\u00f6ht - Munich Startup\" \/>\n<meta property=\"og:description\" content=\"Re'flekt Series-A-Finanzierung erh\u00f6ht sich nun auf insgesamt\u00a0 5,7 Millionen US-Dollar. 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