Tech Company Financing Transactions
syte Funding Round
syte, operating out of Munster, secured $2.6 million in investment from High-Tech Gründerfonds and private investors.
Transaction Overview
Company Name
Announced On
9/19/2022
Transaction Type
Venture Equity
Amount
$2,600,000
Round
Undisclosed
Investors
High-Tech Gründerfonds (Johannes Weber)
Proceeds Purpose
The fresh money will enable the team to further refine the AI tools and scale the business model to make property data from other federal states, including Berlin and Brandenburg, accessible.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Engelstrasse 50
Munster, 4814
Germany
Munster, 4814
Germany
Phone
Undisclosed
Website
Email Address
Overview
The conversion of existing buildings is more relevant today than ever. The problem: So far, it has been difficult to get the necessary data. The patented AI solution from syte provides you with potential and profitability analyzes for properties with just a few clicks - tailored to your needs and in real time.
Management Team
Browse more venture capital transactions:
Prev: 9/18/2022: Worldwide Steel Buildings venture capital transaction
Next: 9/19/2022: 1MRobotics venture capital transaction
Share this article
News on VC Transactions
We report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs