Innoactive GmbH is receiving financing to expand its virtual and augmented reality technologies. Unternehmertum Venture Capital Partners (UVC Partners) and Capnamic Ventures are participating with a total of € 4.4 million in the Munich startup. GvW Graf von Westphalen advised Innoactive in this series A financing round.
Innoactive develops virtual and augmented reality software solutions especially for companies with collaborative planning, simulation and training applications. The customers of the company established approximately four years ago include large corporate groups such as Volkswagen, MediaMarktSaturn and Continental. The financing serves the purpose of further developing and expanding the technology.
UVC Partners is an early-stage venture capital company which, in close cooperation with UnternehmerTUM, the leading center for innovation and founders in Europe, invests specifically in technology-based startups in the German language region. UVC Partners focuses on companies in the fields of industrial technology, enterprise software and mobility.
Capnamic Ventures, with more than 70 participations, is a leading early-stage investor. The company has its headquarters in Cologne and Berlin and targets its investments towards markets and industries with large potential for growth and disruption.
GvW Graf von Westphalen advised Innoactive with a Frankfurt team consisting of Titus Walek (lead), Dr. Marco Zessel (both corporate law/M&A), Christof Kleinmann (employment law) and Christian Kusulis (IP).