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Munich-based Toposens among very first investments for US-based investor IQT in Germany

May 15, 2020

STEP alumnus Munich-based startup Toposens develops sensor systems and software that enable autonomous technologies to perceive and interact with their environment in three dimensions. The company has now concluded a new round of financing.

The round is led by the existing investor Alpana Ventures from Switzerland and supplemented by the new investors Basinghall Partners from Great Britain and In-Q-Tel (IQT) based in the USA. Toposens is one of the first investments for IQT in Germany. The non-profit strategic investor is focused on technologies to protect and maintain the national security of the United States and its allies. The investment – the size of which was not disclosed – will be used by the startup to further improve its sensor technology and software, build partnerships and evaluate new applications based on the technology.

Click here to read more. Available in German only.

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