Remberg receives eleven million euros

The start-up from Munich can thus close its financing round. The VC Earlybird leads it.

Munich-based start-up Remberg has raised a total of eleven million euros in its Series A financing round, bringing it to a successful close. The money comes from VC Earlybird, among others, which is leading the round. Also involved in the round are existing investors Speedinvest and Fly Ventures. The founders want to use the money to further expand the sales and development departments.

The start-up has developed software that is intended to enable medium-sized and larger companies to bundle information from customers, contacts and machines in one place. To do this, Remberg pulls information of machines and other "stuff" from existing systems and bundles it into an overview on its platform. Subsequently, medium-sized companies are then to plan their offers via the platform instead of in analog form so far. In this way, the start-up wants to position itself in the field of Industry 4.0 and Internet-of-Things (IoT).

The start-up was founded in August 2018 by David Hahn, Julian Madrzak, Hagen Schmidtchen and Cecil Wöbker from Munich. Since then, Remberg has already been able to win over a number of global market leaders, including Klingelnberg, one of the leading companies in the gear cutting industry, FPS Werkzeugmaschinen and Stöckel Werkzeugmaschinen.