fos4X GmbH, a Munich, Germany-based measurement instrumentation specialist for wind turbines, closed a second financing round of undisclosed amount.
Backers included UnternehmerTUM Fund, High-Tech Gründerfonds, Bayern Kapital and Dr. Schulze Consulting.
The company intends to use the funds to scale the business and extend its product portfolio.
Led by Dr. Lars Hoffmann, CEO, fos4X develops and sells monitoring and control solutions for wind turbines. The technology, which is based on fiber optic measurement for rotor blades and a deep knowledge in wind generation, aims to improve monitoring of technical structures and constructions especially those made of new materials such as fiber reinforced plastics and resins.
The first client of the company was SSB Wind Systems GmbH.
FinSMEs
27/08/2013