Billions suit against Volkswagen, 5G dispute over Huawei: The subject of patents regularly plays a central role in the global economy. The Berlin-based startup Iplytics has developed a software that summarizes all public data sources into patents and thus gives companies an information base.
Gründerszene, the needed funding
For further growth, the spin-off of the Technical University of Berlin has now received funding in the seven-digit range, as Gründerszene exclusively learned. Details of the exact height does not make the company. The venture capitalist Ecapital and the High-Tech Gründerfonds (HTGF) participate in the company. The HTGF already financed the launch of Iplytics in October 2015. With the new money, the company wants to expand its sales in countries such as South Korea, Japan and the United States, says founder Tim Pohlmann told Gründerszene.
About 100 enterprise customers are currently using the software
These include numerous well-known companies such as Daimler, Audi and Volkswagen. Internationally, companies like Huawei, Intel and Microsoft use the product. The startup has made according to own data in the past year a seven-digit turnover.
Also published on Medium.