Celus raises 25 million euros

Janina Gerhardt Janina Gerhardt | 06.07.2022

The Munich-based company plans to use the new capital to open a branch office in the USA.

Deeptech Celus receives €25 million in its Series A financing round. The round is led by Earlybird Venture Capital with participation from DI Capital and existing investors Speedinvest and Plug and Play. Investors John Rose (former CEO of Rolls Royce), Peter Bonfield (chairman of TSMC and NXP), Carl-Peter Forster (CEO of Opel), Paul Gojenola (head of electronics development at Google), Martina Koederitz (former CEO of IBM Germany and IBM Global Industry Business) and Koenraad Crooijmans (former investment banker at Morgan Stanley) are also participating in the round.

Tobias Pohl, Alexander Pohl and André Alcalde founded Celus in 2018. The Munich-based company aims to automate the development of electronic circuit boards with the help of AI. The Celus platform aims to connect electronics developers directly with manufacturers and key material components. Previously, developers would have spent a lot of time manually searching for parts. "Celus is reshuffling the cards by offering developers a digital tool that drastically speeds up the process and automates many manual steps," says Tobias Pohl .With the new funding, the startup plans to expand its team and open a branch in the US.


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Related companies

Earlybird
Investor 1997 Berlin
Earlybird
Earlybird is a venture capital investor focused on European technology innovators.
CELUS
CELUS
Startup 2018 München
CELUS
Software solutions to simplify electronics engineering processes.

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