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Expansion at Leipzig-based company Umbrella Software Development GmbH

TGFS

02 August 2021

The Leipzig-based company Umbrella Software Development GmbH has successfully completed a funding round. TGFS Technologiegründerfonds Sachsen is once again participating after its initial investment in 2018. In total, a seven-digit amount was raised in the current round, which will allow the company to continue its expansion course in the public sports and entertainment market (motion e‑sports).

The Saxon software company has developed the Soccerbot360 (www.soccerbot360.de), an innovative platform focused on improving the cognitive skills of professional soccer players and young talent. Following sales to professional clubs in the English Premier League and the leagues in Germany and Austria, Umbrella has also sold several SoccerBot360 systems to public operators of innovative sports facilities in Switzerland, North Rhine-Westphalia, Baden-Württemberg and even Egypt, among other countries. The growing sports venue operator market is undergoing a digital transformation, allowing the broad mass of athletes to train in a professional manner. It also serves other target groups, such as rehabilitation sports, school sports or company sports, through event-oriented, health-promoting gaming. The SoccerBot360 is ideal for serving these diverse customer strata with innovative solutions.

For Daniel Held, inventor of the SoccerBot360 and managing partner of Umbrella, the now successfully completed funding round is an important building block to realize his vision. „Thanks to the SoccerBot360. We are creating an offer together with our licensees, which guarantees enthusiastic ball athletes (soccer/handball) an experience that is characterized by state-of-the-art training and measurement methods with a maximum fun factor. As a father, I know how important offers are to move the youth from e‑sports to motion e‑sports. That the Soccerbot360 can do that, we see in every facility, that already makes us proud. We’re excited to have investors to help guide our expansion phase.“

„After the successful entry into professional sports, the next step has now been achieved. With fresh money and also great cooperation of investors and management, we see Umbrella well equipped to establish itself as a sustainably relevant player on the international sports tech market with Soccerbot360,“ Sören Schuster, Managing Director of TGFS with respect to the funding round. TGFS is one of the most active VC funds in Germany and focuses on Saxony. Since its foundation in 2008, it has supported more than 80 companies in the Free State.

Your contact
Sören Schuster | Managing Director
+49 341 256963 30
soeren.schuster@cfh.de

Deal team TGFS
Gisbert Enkel

Advisor TGFS
GRUENDELPARTNER (legal)

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