fos4X GmbH, a Munich, Getrmany-based fiber optic metrology company, raised €2.3m in Series B financing.
The round was led by new investor Falk Strascheg Holding GmbH with participation from existing investors Bayern Kapital, High-Tech Gründerfonds (HTGF), UnternehmerTUM-Fonds and Dr. Schulze Holding.
The company intends to use the funds to launch new products.
Founded in 2010 by Managing director Lars Hoffmann, fos4X develops and produces fiber optic measurement technology to make e.g. the generation of wind energy more efficient. Amongst others, the company is to launch a certified blade ice detection system (fos4Blade BID) while its blade load measurement system fos4Blade ALR for individual pitch control solutions is being integrated into new turbine generations by several wind turbine manufacturers.
The company serves customers in the wind industry (including Enercon, Senvion, Nordex) and the railway sector (including Thales, Siemens, Deutsche Bahn).