Venture capital investors btov Partners and Senovo join Synfioo as co-lead investors
Synfioo is driving its development and is expanding the team
Potsdam, June7, 2019 – Predicting delays before they happen is the goal of Synfioo. Synfioo evaluates large amounts of data to identify possible sources of disruption on intermodal transport routes and provides the information to all companies involved on a cloud-based platform. The software enables end-to-end monitoring of each individual transport in real time and, as a result, a reliable forecast of arrival times. Those involved can react to any possible disruptions at an early stage.
The start-up from Potsdam is further expanding its platform with an investment of 2.5 million euros. Moreover, the additional means will be used to further build the brand and to expand the team.
In addition to the previous investors, Brandenburg Kapital, HPI Seed Fund and three business angels, btov's Industrial Tech Fund and Senovo joined the group as co-lead investors in a financing round that was concluded in April.
Brandenburg Kapital GmbH, a subsidiary of the Brandenburg development bank ILB, has been supporting the company with financing from its Seed and Growth Fund since 2017.
About Synfioo
Synfioo was founded in 2015 following a multi-year logistics research project at the Hasso-Plattner-Institute of the University of Potsdam. The company is currently working on pilot projects together with Daimler and Deutsche Bahn, among others. In addition, SAP with its Transport Management System was able to be acquired as a sales partner.
For more information, please visit: www.brandenburg-kapital.de and www.synfioo.com
