HUM Systems raises 2.3 million euros

With the new financing, the start-up now wants to drive forward the further development of its smart home products and invest in sales at its new location in Brandenburg.

The smart home manufacturer HUM Systems receives seed financing of 2.3 million euros. The capital comes from business angels of the private investor network Companisto and the venture capital company Brandenburg Kapital. High Rise Ventures is also participating in the round.

Ali Reza Humanfar, Amir Humanfar and Helena Peralta Becker founded the start-up in Berlin in 2017. They say the company now has 20 employees. Under the brand "Livy", the start-up develops smart home products. In doing so, the company focuses on the area of care. The newly developed device "Livy Alive" is capable of hearing, seeing, speaking and feeling, he said. This is ensured by the integrated sensors, cameras, microphones and radars. This device can be networked with the smartphones of relatives of people in need of help. This way, an alarm can be triggered in the event of a call for help or a fall, he said.

"We invested in HUM because the "Livy Alive" solution addresses one of the biggest challenges in demographic change, enabling older people to live in their own homes for as long as possible," says Katja Kühnel, senior investment manager at Brandenburg Kapital.