Tech Company Financing Transactions

Ubitium Funding Round

Ubitium closed a $3.7 million Seed venture capital round on 11/21/2024. Backers included Inflection VC, KBC Focus Fund and Runa Capital.

Transaction Overview

Company Name
Announced On
11/21/2024
Transaction Type
Venture Equity
Amount
$3,700,000
Round
Seed
Investors

Inflection VC (Lead Investor) (Jonatan Luther-Bergquist)

KBC Focus Fund (Lead Investor) (Rudi Severijns)

Runa Capital (Lead Investor) (Dmitry Galperin)

Proceeds Purpose
The investment will be used to develop the first prototypes and prepare initial development kits for customers, with the first chips planned for 2026.

Company Information

Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
TechHub.K67, Kasernenstr. 67
Düsseldorf, 40213
Germany
Phone
Undisclosed
Email Address
Overview
Our mission is to democratize high-performance compute and AI by eliminating complexity and cost. We accelerate development, allow natural interaction with devices and enable autonomous operation of machines. Giving back the most valuable resource -- time -- to developers and everyday people. Our goal is to become the standard ubiquitous computing platform.
Profile
Ubitium LinkedIn Company Profile
Social Media
Ubitium Company Twitter Account
Company News
Ubitium News
Facebook
Ubitium on Facebook
YouTube
Ubitium on YouTube

Management Team

Title
Name
Email & Social
Chairman
Peter Weber
  Peter Weber LinkedIn Profile  Peter Weber Twitter Account  Peter Weber News  Peter Weber on Facebook
Chief Executive Officer
Hyun Cho
  Hyun Cho LinkedIn Profile  Hyun Cho Twitter Account  Hyun Cho News  Hyun Cho on Facebook
Chief Scientific Officer
Martin Burtscher
  Martin Burtscher LinkedIn Profile  Martin Burtscher Twitter Account  Martin Burtscher News  Martin Burtscher on Facebook
Chief Technical Officer
Martin Vorbach
  Martin Vorbach LinkedIn Profile  Martin Vorbach Twitter Account  Martin Vorbach News  Martin Vorbach on Facebook
Chief Technical Officer
Markus Weinhardt
  Markus Weinhardt LinkedIn Profile  Markus Weinhardt Twitter Account  Markus Weinhardt News  Markus Weinhardt on Facebook


 

 

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About Our Venture Capital Transactions Database

We do our best to record every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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