Kinematic 3D Laser Scanning: High-Tech Gruenderfonds and Innovationsstarter Fonds Hamburg invest in p3d Systems GmbH, Hamburg

Hamburg / Bonn, (PresseBox) - p3d Systems develops, markets and sells systems which utilize Terrestrial Laser Scanners to capture 3D data in a kinematic mode. The experienced team as well as the innovative approach convinced the High-Tech Gruenderfonds and the Innovationsstarter Fonds Hamburg to jointly invest into p3d Systems with a Seed - Financing for a successful future.

The fast, accurate, cost-efficient and highly productive capturing of our physical reality in 3D is a growing demand in various vertical markets and industries as well as to provide Architects, Engineers and the Graphics and the Gaming Industry with accurate "as-is" and "as-built" data. p3d Systems develops, builds, sells and supports highly flexible Kinematic Laser Scanning Solutions with an unmatched productivity to capture the reality in 3D for customers in different industries around the globe.

p3d Systems' solutions are designed as an extension and enhancement for Terrestrial Laser Scanners featuring a profile measuring mode and allow to utilize the entire system in a truly kinematic way. This solution makes a few tedious and time consuming tasks obsolete, which would be required to measuring in a static mode as i.e. placing and positioning targets and tie points, repeated setting up and dismounting of scanners as well as the time consuming registering of all the different scans into one geo-referenced point cloud. Customers do not need to buy a new 3D scanner to be able to benefit from the flexible, dynamic and fast applications provided through p3d Systems products and solutions. The main advantage compared to the classic, static Laser Scanning is the enormous productivity gain, which is possible thanks to the continuous data capturing and the massive time reduction to process the data. This reduces the time to results significantly and hence the cost involved to deliver a geo-referenced point cloud. The system, consisting of hardware and software components can be utilized for existing applications and is additionally opening up totally new applications and markets.

The p3d Systems team consists of experienced developers and scientists with roots from the Leibniz University in Hannover, Germany. The team has been strengthened by Erwin A. Frei a seasoned executive and industry veteran. The CEO of p3d Systems GmbH, Erwin A. Frei, a former President and CEO of Leica HDS, a Silicon Valley Terrestrial Laser Scanning start-up emphasizes the enormous opportunities, but also the considerable challenges in developing and marketing a Kinematic 3D Laser Scanning System: "This innovation will not only be attractive to the targeted markets because of the enormous productivity gains in the order of a factor 50 - 100 as well as the significant extension of its applicability for new tasks and jobs, but also, because of the ease-of-use of the hardware, the software and the entire workflows involved to capture objects in 3D."

"p3d systems has an innovative technology, which offers the surveying industry new application fields and an enormous productivity gain. Especially, the approach to utilize existing Laser Scanners from potential customers was a very convincing argument to invest in p3d Systems." Says Klaus Lehmann, Senior Investment Manager of the High-Tech Gruenderfonds.

Doreen Huhle, Investment Manager at the Innovationsstarter Fonds Hamburg adds: "We are more than pleased that once again we have been able to bring an innovative High-Tech company like p3d Systems to Hamburg. The convincing customer benefits as well as the relatively well matured technology were the key arguments for our decision to invest into p3d Systems."

About p3d Systems GmbH

p3d Systems has successfully developed a portable, kinematic Laser Scanning System for an efficient, cost-effective, convenient and accurate capturing of 3D models of the physical reality in form of 3d point clouds. As their first series of products and solutions, p3dsystems offers a systems platform as well as the corresponding software, which enable customers to utilize their existing Laser Scanners in a fully kinematic mode of operations. The system supports all the popular Laser Scanners in the market and is sold as an upgrade to the Laser Scanners already owned by the users. The customers will be able to benefit from such upgrades with a huge productivity gain for existing applications and will also be able to address new applications.

About Innovationsstarter Fonds Hamburg

The Innovationsstarter Fonds Hamburg invests risk capital into young and innovative enterprises in Hamburg in order to strengthen their research and development activities. The business model foresees open investments into capital companies up to a maximal amount of 1 Million EUR. The fund is financed with equal shares by the "Freie und Hansestadt Hamburg" and the "Europäische Fonds für regionale Entwicklung (EFRE-Fonds)". The total volume of the fund is 12 Million EUR. The management of the Fond is delegated to the Innovationsstarter Hamburg, a wholly-owned subsidiary of the "Hamburgischen Investitions- und Förderbank".

High-Tech Gründerfonds Management GmbH

High-Tech Gruenderfonds invests in young, high potential high-tech start-ups. The seed financing provided is designed to enable start-ups to take an idea through prototyping and to market launch. Typically, High-Tech Gruenderfonds invests EUR 500,000 in the seed stage, with the potential for up to a total of EUR 2 million per Portfolio Company in follow-on financing. Investors in this public/private partnership include the Federal Ministry of Economics and Technology, the KfW Banking Group, as well as strategic corporate investors including ALTANA, BASF, B. Braun, Robert Bosch, CEWE Color, Daimler, Deutsche Post DHL, Deutsche Telekom, Evonik, Lanxess, media + more venture Beteiligungs GmbH & Co. KG, METRO, Qiagen, RWE Innogy, SAP, Tengelmann and Carl Zeiss. High-Tech Gruenderfonds has about EUR 573.5 million under management in two funds (EUR 272 million HTGF I, EUR 301.5 million HTGF II).

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