Mergers and Funding Announcements: Gixel secures $5 million, Droidrun receives $2.1 million, and Rail-Flow and Simply Deliver combine forces.
In the vibrant world of tech startups, several significant developments have taken place recently, particularly in the DACH region. Let's delve into some of the notable happenings.
Rail-Flow and Simply Deliver Merge to Strengthen European Logistics
Rail-Flow, a leading platform for rail and intermodal logistics in Europe based in Frankfurt am Main, has merged with Simply Deliver, a Rotterdam-based logistics startup. This strategic move is expected to strengthen their positions and offer enhanced services to their clients.
Reshape Systems Raises Funds for AI-Powered Risk Analysis
Reshape Systems, a Lausanne-based startup founded in 2024 as a spin-off of CERN, has secured an investment of 800,000 Swiss francs. The round was led by Backbone Ventures, Heartfelt, GF BRYCK Ventures, N&V Capital, and Kyle Kosic. Reshape Systems focuses on an AI-based solution for risk analysis of complex industrial systems.
Droidrun Secures Investment for AI-Enabled Mobile App Control
Osnabrück-based startup Droidrun, founded by Peter Laechner, Niels Schmidt, Christian Ninstel, and Nikolai Dück, has secured a 2.1 million Euro investment. The round was led by Berlin-based investor Merantix Capital, with additional participation from SixtyDegree Capital from Toronto and business angels such as Peter Sarlin, Mandeep Singh, and Felix Jahn. Droidrun develops software that enables AI agents to access and control apps on smartphones.
Starflight Dynamics Raises Funds for SpaceTech Innovations
Starflight Dynamics, a Munich-based SpaceTech startup founded in 2023 by Philipp Bauer, has received a seven-figure investment. The investment was led by Coinvest Capital, along with several business angels. Starflight Dynamics develops "space infrastructures for energy-intensive industries to improve product performance while reducing environmental impact on Earth."
Gixel Focuses on Augmented Reality Glasses
Karlsruhe-based startup Gixel, founded by Miro Taphanel, Ding Luo, and Felix Nienstaedt in 2019, focuses on optical displays for augmented reality glasses (AR). The concept of Gixel's proprietary optical engine promises smartphone-level image quality in a form factor small enough for normal-looking glasses, without the compromises of waveguides.
Simply Deliver Maintains Independence in Benelux Market
Despite the merger with Rail-Flow, Simply Deliver will continue to operate as an independent brand, serving its core Benelux market.
The tech landscape in the DACH region continues to evolve, with these startups leading the charge in their respective fields. As for investments on July 24th, while there were several announcements in the DACH region, there is insufficient information to provide a detailed answer on these investments involving Gixel, Droidrun, Starflight Dynamics, and Reshape Systems based on the available sources.
On a separate note, the second STARTUPLAND event is scheduled for November 5th. Stay tuned for more updates from the DACH tech scene!
- The merger of Rail-Flow and Simply Deliver, both tech startups, is anticipated to bolster their positions and provide improved services to clients, particularly in the European logistics sector.
- In the realm of artificial intelligence, Reshape Systems, a tech startup based in Lausanne, has secured an investment for its AI-powered risk analysis solution for complex industrial systems.
