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High Tech startup tacterion secures 8-digit investment to bring revolutionary sensor technology to market
Munich based high-tech hardware startup tacterion enters into a long-term partnership with Unger Group from Weiden/Germany / The German Aerospace Center (DLR) spin-off secures a long-term commitment by the growth-oriented family investment fund
tacterion develops and markets a completely stretchable tactile sensor technology, the result of years of research at DLR. By implementing this sensorskin technology surfaces of products and machines become touch-sensitive. Using this technology Human-machine-interaction can be designed more intuitive than ever before. The funding provides the necessary environment to successfully introduce the revolutionary sensor technology sensorskin into mass-market applications like consumer electronics, automotive and robotics.
Michael Strohmayr, CEO/CTO of tacterion: “We are proud that we have convinced a German investor who is determined to push early-stage technology companies to a completely new level. We have very ambitious plans for the development of tacterion and we are sure we have found the perfect partner for this endeavor.“
Unger Group: „The investment in this early phase of the company expresses our belief that research-based high technology needs adequate funding in order to be successfully commercialized. We see an enormous potential in the team and the technology they have developed.“
Daniel Strohmayr, Co-CEO: “With the long-term commitment we agreed on, tacterion can focus all its energy on developing customized technology solutions for our customers. In a fast-paced market environment where delivering outstanding products at high speed is key to success, this is extremely valuable.“
The brothers’ mission: Building a company that combines excellent German engineering with a daring start-up culture.
This also convinced the investors in the BayStartUP funding network. Alexander Becker, head of the BayStartUP funding network: “Hardware startups with innovative enabling technologies like tacterion face tough challenges given their necessary investments. This is why we keep close ties to investors even outside the regular realm of Venture Capital. With entrepreneurial vision they are looking for radically innovative technologies. I am very happy that we could support this funding round by establishing targeted contacts.”
BayStartUP is the organization driving the founding, financing and growth of startups in Bavaria. It offers a broad range of free services for startups and investors. BayStartUP is backed by the Bavarian Ministry of Economic Affairs and Media, Energy and Technology as well as by companies like LfA Förderbank Bayern, HypoVereinsbank, Siemens and further sponsoring partners.
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