News from TGFS
at a glance
TGFS acquires stake in Peeriot GmbH
TGFS and bm|t invest a seven-figure sum in Peeriot GmbH in a seed financing round. The aim is to fundamentally simplify IoT networking and enable innovative applications for intelligent IoT devices that work together in a swarm.
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Fresh funding for IoT start-up Packwise
Packwise GmbH from Dresden continues to grow: Together with Hüttenes hoch drei, TGFS is investing a seven-figure sum in the IoT startup for its upcoming internationalization to North America.
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Exit: Data Virtuality GmbH
Data Virtuality, a global provider of data integration and management solutions, is acquired by CData Software. TGFS has been supporting the company since 2012.
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Series B round at watttron
watttron has successfully closed a M€ 12 Series B funding round. The round was led by the Circular Innovation Fund and the European Circular Bioeconomy Fund. Long-standing partners such as the TGFS also took part.
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Börsen-Zeitung: Saxony’s tech scene rolls up its sleeves
Read more: In this article, the Börsen-Zeitung sheds light on venture capital and start-ups in Saxony. TGFS was also interviewed about this.
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Series A round at Altavo GmbH
Series A round at Altavo successfully completed: TGFS invests again. The start-up from Dresden focuses on AI-based voice rehabilitation.
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TGFS sells shares in we-do.ai
TGFS announces the acquisition of we-do.ai by Immoware24, reflecting the company’s realignment from the gastronomy sector to the real estate sector. New products for tenants and property management are to be created beneath Immoware24.
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TGFS sells shares in Increase Your Skills
TGFS portfolio company, Increase Your Skills GmbH, is now part of the internationally operating MetaCompliance Group, one of the leading providers of compliance and cybersecurity solutions.
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New in the portfolio: Katana Labs GmbH
On the trail of cancer — the software from Katana Labs uses artificial intelligence to detect cancer cells. The TGFS invested in the Dresden-based company in the pre-seed phase so that the analysis software can be further developed, certified and used in laboratories worldwide.
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New investment: MiViA GmbH
TGFS invests in MiViA GmbH in the course of pre-seed financing. The Freiberg-based AI start-up offers an innovative and automated evaluation of microscope images via the web-based platform mivia.ai.
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