Funding

[Funding alert] German Fluid Dynamic Measurement Company Vectoflow Raises €4 Million in Series A Round Funding

Dec 15, 2023 | By Startup Rise EU

Vectoflow, a German fluid dynamic measuring firm, raises €4 million in funding within its series A round. Along with the round's original seed investors AM Ventures and KfW Bankengruppe, new major investors Bayern Kapital Innovationsfonds II, WN Invest GmbH, One Investment GmbH, argo vantage GmbH, Schwarz Holding GmbH, and Dr. Rolf Pfeiffer also supported the investment.

Vectoflow, a German fluid dynamic measuring firm, raises €4 million in funding within its series A round. Along with the round's original seed investors AM Ventures and KfW Bankengruppe, new major investors Bayern Kapital Innovationsfonds II, WN Invest GmbH, One Investment GmbH, argo vantage GmbH, Schwarz Holding GmbH, and Dr. Rolf Pfeiffer also supported the investment.

The funds that will be raised  put towards Vectoflow's expansion into instrumentation serial production for the energy and aerospace industries. By working with additional partners, the company aims to increase its global reach.

Christian Haigermoser, co-founder and co-CEO of Vectoflow, said: “We’re preparing for future expansion by strengthening our in-house capabilities. This includes ramping up additive manufacturing, improving part post-processing, optimizing instrumentation assembly, enhancing sensor calibration, and developing software solutions for test rig data acquisition and control. Our extensive know-how in flow instrumentation design, manufacturing, and calibration will play a crucial role in supporting business development across various markets.”

They are excellently suitable, in terms of size, form, and material, to their specific field of utilise, which includes research and development on turbomachinery, wind energy, and aviation. Their manufacturing technique is highly inventive and boosts durability, guaranteeing their probes perform reliably even under harsh environmental conditions.

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Johann Oberhofer, Managing Partner of AM Ventures, added: “We are proud of having supported Vectoflow from its early stage. Katharina Kreitz and Christian Haigermoser recognized that industrial 3D printing is predestinated for fluid-dynamic metrology devices due to its freedom of design allowing very complex structures. The fact that Vectoflow’s customers are now directing their attention towards series production projects underscores the expertise they have diligently cultivated over the years in the R&D sector. With both existing and new partners on board, we are looking forward to support their further development and growth into series manufacturing.”

Monika Steger, Managing Director of Bayern Kapital, commented: “We are delighted to support Vectoflow in its continued growth. This dynamic and innovative company, with its future-oriented high-tech solutions and a high degree of innovation, embodies the kind of innovation and technological advancement we want to promote. Their impressive development and forward-looking solutions align excellently with our commitment to nurturing visionary companies.”

The fact that this investment round completed successfully demonstrates the trust that investors have in Vectoflow's skills. The funding will be crucial for promoting useful innovation, increasing Vectoflow's market presence, and securing its place in the instrumentation industry.

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Katharina Kreitz, co-founder and co-CEO, added: “Our track record has built trust among our current customers, which we plan to leverage for expansion in existing and new markets. I’m particularly enthusiastic about our ventures into aerospace and wind energy applications, as these are future markets with significant societal relevance.”

About Vectoflow

Vectoflow, which launched in 2014, manufactures standardised and customised flow metering equipment for any need. Static and total pressure, velocity, and angle of attack of a flow can all be accurately measured using Vectoflow's flow measuring devices and Air Data devices.

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