Gilching-based Vectoflow, a global leader in 3D printed flow measurement systems, announced the completion of its Series A investment round, securing €4 million in funding. The round was backed by new key investors, including Bayern Kapital Innovationsfonds II, WN Invest GmbH, One Investment GmbH, argo vantage GmbH, Schwarz Holding GmbH, Dr. Rolf Pfeiffer, as well as existing seed investors AM Ventures and KfW Bankengruppe.
The funds raised will be used to drive Vectoflow’s expansion into serial production for instrumentation tailored to the aerospace and energy market. Collaborating with new partners, the company aims to extend its reach globally.
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.”
Founded in 2014, Vectoflow produces standardized and customized flow measurement technology for every application. Flow measurement systems as well as Air Data Systems from Vectoflow reliably measure the static and total pressure, velocity and angle of attack of a flow.
In terms of shape, size and material, they are perfectly adapted to the respective field of application in wind energy, aviation, turbomachinery development and research. The innovative manufacturing process greatly increases robustness so that their probes function reliably even under demanding environmental conditions.
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 successful closure of this investment round underscores the confidence in Vectoflow’s capabilities. The funds will be instrumental in driving practical innovation, expanding market presence, and solidifying Vectoflow’s position in the instrumentation sector.
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.”
Read the orginal article: https://www.eu-startups.com/2023/12/german-fluid-dynamic-measurement-company-vectoflow-secures-e4-million-to-go-full-into-aerospace-and-energy-markets/
