Intelligent fluids, a Leipzig, Germany-based DeepTech firm, raised €10m in Sequence B financing.
The spherical was led by Wave Fairness Companions, with participation from current institutional traders, Excessive-Tech Gründerfonds (HTGF) and IBG Sachsen-Anhalt.
The corporate intends to make use of the funds to develop the workforce, improve manufacturing capability at its German plant, and provoke growth into international markets by means of institution of producing entities in USA, India, MENA and Taiwan.
Led by Christian Römlein, CEO, clever fluids has developed cleansing know-how for industrial functions, starting from oil and gasoline to LED shows, and adhesive removing to microelectronics. The clever fluid cleaners, made to non-toxic and skin-friendly substances, mix effectivity with ecological security, for skilled use in manufacturing, commerce, crafts and households.
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