Funding

Findest Funding News – Amsterdam-based Findest Raises €2.2 Mn Fresh Funding

Jul 10, 2024 | By Team SR

Partinc, a leading European investment firm, has announced an investment in Findest, an innovative company specializing in R&D software solutions. This partnership aims to accelerate Findest's international growth and support the launch of their groundbreaking platform, "The R&D Universe."

SUMMARY

  • Partinc, a leading European investment firm, has announced an investment in Findest, an innovative company specializing in R&D software solutions.
  • Findest aims to bridge the gap between science and business by implementing 10.000 innovations within 10 years.

The Universe is designed to revolutionize R&D departments by streamlining processes, driving substantial cost savings and accelerate innovation projects. With the increasing demand for advanced R&D capabilities across various industries, Universe is poised to become an indispensable tool for both existing and new Findest customers. Companies using the Universe platform shared that Findest can improve their R&D output by up to 40%, and say “what normally takes me 10 hours of desk research, I can now do in 30 minutes”.

Read also - BrightCap launches €60Mn Successor Fund to Invest in Founders From Rising SEE

RECOMMENDED FOR YOU

recomd
Funding
[Funding alert] Denmark-based Biotechnology Company NMD Pharma Secures €75M in Series B Round Funding
Startup Rise EU
Nov 16, 2023
recomd
Funding
[Funidng alert] UK-based Contollo Group Secures an Investment from NorthEdge
Startup Rise EU
Feb 17, 2024
recomd
Funding
[Funding alert] Dutch Startup Bubty Raises €1.75 Million in Seed Funding
Startup Rise EU
Dec 22, 2023

Partinc’s investment highlights a strong belief in Findest’s vision and the transformative potential of the Universe platform to enable thousands technological innovations with the help of AI made for R&D departments. This partnership between Partinc and Findest will not only fuel international expansion but also push the boundaries of what’s possible in R&D innovation.

"We see enormous potential in the Universe product for R&D departments. In today's world, the need for sustainable solutions has never been more pressing. R&D plays a critical role in developing technologies and practices that address global sustainability challenges. All companies must expand the innovation of new and existing products to keep up with these goals. Therefore, new tools like Universe from Findest will be necessary to improve output and enhance the efficiency of existing R&D organizations,” said Jan Sundelin, partner at Partinc.

“Partinc is a Swedish innovative B2B SaaS fund run by former entrepreneurs. They are extremely ambitious and fast, which is appealing to a startup with similar growth ambitions. Furthermore, they are willing to invest in the next generation of products. Their expertise and experience scaling software products will help Findest reach the next stage.” said Vincent Franken, Co-founder & CEO at Findest.

“With Partinc's investment, we’re about to experience our own Big Bang! The Universe will help R&D departments capture, structure, and reuse technical information like never before. With the investment, we will grow the Findestian team from 30 to 50 people and continue our focus on developing AI for R&D productivity." added Roel Boekel, Co-founder & CTO at Findest

About Findest

Findest aims to bridge the gap between science and business by implementing 10.000 innovations within 10 years. To reach this goal, Findest optimizes the collaboration between human- and artificial intelligence for technology scouting. Simply said, a technology scouting service where our engineers use IGOR AI to find technology leads that solve your R&D-cases.

Recommended Stories for You

story
Funding

[Funding alert] Delft-based QphoX Secures €8 Million in Funding

Startup Rise EU Jan 18, 2024

story
Funding

Sondrel funding news – Reading-based Sondrel Secures £5.6 Million in Funding

Startup Rise EU Jun 14, 2024

story
Funding

Zing Coach Funding News – Germany-based Zing Coach Raises $10M Series A Funding

Team SR Jun 22, 2024

story
Funding

team.blue funding news – Ghent-based team.blue Secures an Investment

Startup Rise EU Jul 12, 2024

story
Funding

[Funding alert] Innovative ESG Management Solution FINGREEN AI Raises €1 Million to Transform Sustainable Finance in Europe

Startup Rise EU Oct 5, 2023

story
Funding

[Funding alert] Cologne-based Sports Tech Prematch Secures Seven-Figure in Funding

Startup Rise EU Nov 14, 2023