STEP USA

Samira

NautilusLog Closes a €1 million Seed Financing Round

STEP USA alumnus company NautilusLog has closed a €1 million seed financing round and got the Lower Saxony state bank (NBank Capital) as a new investor on board. In addition to NBank Capital as the main investor, another investment company as well as business angels have participated, some of whom have excellent networks in the international shipping industry and have already been mentoring company’s Co-Founder Otto Klemke in 2017.

Congratulations to Otto and his team on this great achievement! Click here to read more.

Photo credit: NautilusLog

LivEye defies the Corona crisis and successfully closes 2nd financing round

With the conclusion of the 2nd financing round LivEye secures capital for further expansion.

LivEye started with the capital acquisition for the 2nd financing round shortly before the outbreak of the Corona crisis. The crisis has slowed down investments, but since July all contracts have been signed. LivEye was able to raise capital for growth in the amount of 3.5 million euros.

“We are pleased to have Sparkasse Trier and Volksbank Trier, two lenders at our side who are committed to innovative
products in conjunction with a solid business model,” says Carsten Simons, the company’s advisory board and STEP USA alumnus.

Marc Thurn, the managing director of LivEye adds: “The basis of both financing rounds has been the venture capital
department of the Investitions- und Strukturbank Rheinland-Pfalz in Mainz. We very much appreciate their support at state level.”

Founded in January 2019, the Start Up LivEye from Föhren (near Trier) specializes in guarding temporary risk zones
with mobile video systems. Many risk zones such as coal-fired power plants and a major construction site on the
Gotthard are among the clients using LivEye systems.

For further expansion, LivEye has already founded subsidiaries in Poland and Switzerland this year.
There are also regional offices in Oldenburg, Leipzig and Vienna. LivEye works with self-developed technologies, which are used in a research and development centre of its own.

About LivEye GmbH
LivEye GmbH specializes in the surveillance of temporary risk zones with mobile video surveillance systems. Very modern video surveillance systems are developed and produced under the brand name LivEye®. LivEye® maintains a research and development unit in addition to its own production facility in Poland. LivEye® offers the highest level of video surveillance around the world together with its own control centre.

STEP Alumnus Anyblock Analytics GmbH Creates SeroStatus App

Anyblock Analytics created a new application called SeroStatus that allows any user to securely and easily store their COVID-19 test results certified by health officials on their mobile devices and present them at the airport, for example upon need.

For companies, cultural institutions and sports complexes, this would be an important contribution to returning to normal operation more safely and quickly, while complying with data protection and health protection regulations.

Click here to learn more about the SeroStatus app.

Click here to learn more about Anyblock Analytics.

STEP Alumnus Toposens Receives European Union Horizon 2020 Funding

Toposens has received European Union Horizon 2020 Funding for 3D Ultrasonic Technology
Munich, Germany, 3rd June 2020 – Toposens, the first company in the world that brought 3D
ultrasonic technology to the market, has received €2.5M from the European Union Horizon 2020
Programme. The money will help the startup to develop 3D ultrasonic technology specifically for the
autonomous driving market.

See the full statement here.

STEP Alumni companies featured in German American Trade (GAT) Magazine

The German American Trade Magazine (GAT) is the official publication of the German American Chambers of Commerce in the U.S., focusing on German-American topics in the areas of economy and industry, companies and politics. The German American Chamber of Commerce New York (AHK New York) is proud of its Startup & Entrepreneur Program (STEP) and the many startups it has mentored and supported in their efforts to enter and thrive in the in the US market as well as their home countries. Following STEP alumni companies were featured in the Q2, 2020 issue of the GAT:

  • INERATEC: award-winning clean tech company that provides innovative chemical reactor technology
  • Kumpan Electric: RLP-based manufacturer behind the German electric scooter brand Kumpan Electric.
  • Merula GmbH: RLP-based startup, manufacturing ecological, economical and comfortable menstrual cups
  • PerAGraft: NRW-based startup developing patient-specific implants for the treatment of complex aortic aneurysms.

Click here to get your copy of the German American Trade Magazine. For more information or questions, please contact Samira Ghanadyan at sghanadyan@gaccny.com.