{"id":86696,"date":"2022-10-24T12:55:00","date_gmt":"2022-10-24T10:55:00","guid":{"rendered":"https:\/\/cms.munich-startup.net\/?p=86696"},"modified":"2022-10-24T11:55:29","modified_gmt":"2022-10-24T09:55:29","slug":"munevo-raises-capital-for-us-expansion","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/86696\/munevo-raises-capital-for-us-expansion\/","title":{"rendered":"Munevo raises capital for US expansion"},"content":{"rendered":"
\n

The fresh money for Munevo comes from Bavaria Capital<\/a>, the BayBG<\/a>, Be10x Capital, Roca X, other existing investors, and business angels. Founded in 2018, the company emerged from a university course at the Department of Business Information Systems at the Technical University of Munich. The Munich-based company's solution uses smart glasses to enable head-controlled electric wheelchairs. In addition, other devices such as smartphones or robotic arms can be operated by head movement.<\/p>\n\n\n\n

\u201cWe are certain that Munevo has all the prerequisites to be successful internationally.\u201d<\/h2>\n\n\n\n

With the new financing round, the Munich companies<\/a> meet the growing demand for its solution, expand its sales network in the USA and expand its partnerships in Europe.<\/p>\n\n\n\n

\u201cWe are very proud that the new funding will enable Munevo to grow and help many people,\u201d <\/p><\/blockquote>\n\n\n\n

so Claudiu Leverenz<\/strong>, CEO and co-founder of the startup. <\/p>\n\n\n\n

\u201cWe are very pleased that the venture capitalists involved have given us access to the necessary financial resources to grow the company quickly.\u201d<\/p><\/blockquote>\n\n\n\n

BayBG Investment Manager Peter Graf <\/strong>says: <\/p>\n\n\n\n

"We already invested in Munevo GmbH in 2020, back then with mezzanine capital. The company convinced us as a technology leader with its groundbreaking product and innovative developments. We are confident that with this current financing round, Munevo has all the prerequisites for a successful international launch."<\/p><\/blockquote>\n\n\n\n

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

Munevo is developing a smartglass solution for controlling wheelchairs using head movements. The startup, based at the MTZ, has closed a \u20ac3 million financing round. The capital will enable expansion into the United States, among other things.<\/p>","protected":false},"author":26,"featured_media":39039,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5633,5638,1,4483],"tags":[52,161,3228],"acf":[],"yoast_head":"\nMunevo sammelt Kapital f\u00fcr US-Expansion ein - Munich Startup<\/title>\n<meta name=\"description\" content=\"Munevo kann eine Finanzierungsrunde mit 3 Millionen Euro abschlie\u00dfen. 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