in.hub receives seven-figure growth capital

in.hub GmbH from Chemnitz/Leipzig has successfully completed a seven-figure add-on financing round. In addition to the existing investor TGFS Technologiegründerfonds Sachsen, Sächsische Beteiligungsgesellschaft (SBG) is also participating for the first time as part of the Innovationskapital Sachsen (RIG) program.

The company intends to use the new capital to consistently expand its IIoT (Industrial Internet of Things) business model along three pillars. Ultimately, the aim is to make digitalization in industry as easy as plug & play.

Three pillars for the digital store floor

• in.hub Academy imparts practical knowledge and supports customers and partners throughout the entire digitalization process - from initial setup to rollout.
• in.hub Services offers modular consulting and support solutions for companies looking to enter the Industrial IoT.
• The in.hub marketplace acts as an open platform on which apps, modules and digital services can be offered and combined. Machine builders, automation specialists and software providers can integrate their solutions here and develop new business models.

Digitalization without cloud constraints

The decisive difference to many competitors: in.hub relies on local data processing directly in the factory instead of pushing everything into the cloud. The siineos® platform combines hardware and software expertise and makes it possible to analyze machine, process and energy data directly on site.

We want to radically simplify digitalization for all relevant players in the industry.

Christian Groß, Co-Founder in.hub

The plug & play modules can be installed in just a few minutes and make existing systems digital in no time at all. Founders Christian Groß and Marco Neubert explain:"Whether machine builders, sensor manufacturers or software providers - our technology allows products to be quickly expanded and combined to create fully-fledged digital solutions."

Investors rely on in-depth application knowledge

With SBG's investment, capital from the German Federal Future Fund is flowing into the company for the first time via the RegioInnoGrowth (RIG) program.

The in.hub team understands exactly where companies reach their limits when it comes to digitalization. Their solutions are as intuitive as a smartphone - but industrial-grade, secure and scalable. It was precisely this combination that was decisive for us.

Frank Tappert, SBG Managing Director

TGFS Managing Director Sören Schuster also sees great potential:"With this add-on investment, in.hub can take the next step - from hardware and software provider to a complete ecosystem for industrial digitalization."

From engineering office to digitalization partner

The founding duo Groß and Neubert have years of experience in development and sales in the industrial environment. Together, they have quickly built in.hub into a profitable, growing tech company with 16 employees.