{"id":75029,"date":"2021-08-09T16:36:00","date_gmt":"2021-08-09T14:36:00","guid":{"rendered":"https:\/\/cms.munich-startup.net\/?p=75029"},"modified":"2021-08-09T15:02:37","modified_gmt":"2021-08-09T13:02:37","slug":"octoscreen-seed-financing","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/75029\/octoscreen-seed-financing\/","title":{"rendered":"Seed financing for Munich-based Proptech Octoscreen"},"content":{"rendered":"
\n

The B2B location monitoring solution<\/a> Octoscreen aggregates unstructured, heterogeneous, and time-critical data from a wide variety of sources in the real estate industry, including municipal websites, regional news sites, and trade newspapers. With its solution, the startup aims to transform this data into structured and customized information. This enables real-time evaluation of locations, regions, and districts with regard to potential expansion opportunities, competitors, or time-critical changes in building regulations.<\/p>\n\n\n\n

The company currently focuses on food retail, but also has operations in project development and the fast-food industry. Startup<\/a> has already acquired customers and completed test projects. Octoscreen was founded in January 2021 by former Reachbird founder Julian Freese and Barna Kovacs.<\/p>\n\n\n\n

The Munich-based startup has now won over Blackster Capital and Concepta Equity & Areal Consult, raising an undisclosed six-figure sum as a seed investment. The fresh capital will finance the expansion of the team, the further development of the software solution, and expansion into new markets.<\/p>\n\n\n\n

\u201cWe see enormous growth potential in Octoscreen\u201d<\/h2>\n\n\n\n

Ulrich Clemm<\/strong>, Managing Partner of Blackster Capital, is convinced:<\/p>\n\n\n\n

"Octoscreen's unique technology gives companies the opportunity, for the first time, to automatically analyze heterogeneous and unstructured information in the real estate sector. Due to the software's high flexibility, which can be applied across a wide range of industries, we see enormous growth potential in Octoscreen."<\/p><\/blockquote>\n\n\n\n

And Julian Freese<\/strong>, Managing Director and Co-Founder of Octoscreen says:<\/p>\n\n\n\n

"With Blackster Capital and Concepta, we were not only able to convince experienced investment companies, but also gained partners with strong expertise in real estate, proptech, and technology."<\/p><\/blockquote>\n<\/div>","protected":false},"excerpt":{"rendered":"

Octoscreen aims to use artificial intelligence to collect and analyze time-critical and location-based data in the real estate industry. 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