Funding

[Funding alert] Hamburg-based airfocus Secures a $7.5 Million in Funding

Jan 12, 2024 | By Startup Rise EU

Hamburg-based airfocus secures a $7.5 million in funding. This round led by Newion with the participation of XAnge, Nauta, Riverside Acceleration Capital, and Picea Capital.

Hamburg-based airfocus secures a $7.5 million in funding. This round led by Newion with the participation of XAnge, Nauta, Riverside Acceleration Capital, and Picea Capital.

The investment brings airfocus’ total funding close to $15M and will support its global expansion in the multi-billion dollar market of product management software.

Read also -  Zurich-based Payment Fintech Company Rivero Secures €6.3 Million in Series A Round Funding

As the world’s 1st modular product management tool, airfocus addresses core enterprise challenges like roadmapping, prioritization, customer insights, and OKR alignment with unmatched flexibility.

RECOMMENDED FOR YOU

recomd
Greece
Harbor Lab funding news – Greece-based Harbor Lab Secures €14.7 Million in Series A Round Funding
Startup Rise EU
May 15, 2024
recomd
Funding
[Funding alert] Madrid-based Climate Tech Startup Clevergy Secures €1.5 Million in Funding
Startup Rise EU
Jan 31, 2024
recomd
Uncategorized
[Funding alert] Zurich-based Memo Therapeutics Raises €26 million in Series C Round funding
Startup Rise EU
Nov 2, 2023

Already trusted by over 800 businesses worldwide, including Caterpillar, The Washington Post, and Orange, airfocus is setting a new standard in a market that strives for
innovation and efficiency.

Read also - London-based shaka Secures €1 Million in Seed Funding

Malte Scholz, co-founder and CEO of airfocus, shares his vision: “This funding is pivotal. We’re not just developing software; we’re crafting a unified Product Operating System. Our AI-assisted platform will transform how product managers work. Decision-making becomes more efficient and impactful supported by a single source of product truth.”

Newion has joined existing investors Picea Capital, Klaus Schlumpberger, Christian Heimerl, Paul Schwarzenholz, and Björn Kolbmüller, encouraged by airfocus' outstanding progress and growth.

Read also - Spanish Mobility Company Cabify was Secures €15 Million loan from BBVA Spark

Nowadays, every company is a tech company, with software as the backbone of all operations and services. To survive, businesses must undergo digital transformation, making software integration crucial for efficiency and competitiveness.

About airfocus

Founded in 2017 in Hamburg, airfocus offers a unique, flexible end-to-end
Product Management platform. With a growing global presence and backed by
major VCs, the company is committed to empowering teams to build better
products faster.

Read also - Swedish Deep Technology Company N-ink wins €1M from Voima Ventures

Recommended Stories for You

story
Funding

[Funding alert] Qureight Secures $8.5 Million in Series A Round Funding

Startup Rise EU Apr 16, 2024

story
Recent Articles

[Funding alert] Paris-based The Essence App Raises over $600K in Funding

Startup Rise EU Feb 9, 2024

story
Funding

[Funding alert] Dutch Online Grocery Store Picnic Secures €355 Million in Funding

Startup Rise EU Jan 11, 2024

story
Funding

[Funding alert] Bristol-based WASE Raises over £8.5 Million in Funding

Startup Rise EU Mar 28, 2024

story
Recent Articles

Funding Wrap of the Week | European Startups Funding Roundup | Jan 28 – Feb 2

Startup Rise EU Feb 3, 2024

story
Funding

[Funding alert] Helsinki-based Bob W Secures €40 Million in Series B Round Funding

Team SR Feb 13, 2024