fos4X, a Munich, Germany-based fibre-optic measurement start-up, has received an equity investment of undisclosed amount.
Backers include High-Tech Gruenderfonds, Bayern Kapital, UnternehmerTUM’s venture capital fund and private business angels.
The company intends to use the funding for its market entry.
Founded in 2010 by Dr. Thorbjörn Buck, Dr. Lars Hoffmann, Dr. Matthias Müller and Rolf Wojtech as a spin-off of Technische Universität München, fos4X has developed fibre optic sensors that can, for example, measure the level of wind force on the rotor blades of wind turbines.
Among other things, fos4X offers innovative solutions for increasing the efficiency of wind power plants.
FinSMEs
07/05/2012