Vectoflow raises €4 million for aerospace and energy instrumentation expansion

Companies & MarketsNews
January 10, 2024

January 10, 2024

Vectoflow, based in Gilching, Germany, announced the successful completion of its Series A investment round with €4 million in funding. The funds raised will be used to drive Vectoflow’s expansion into serial production for instrumentation tailored to the aerospace and energy market. The company aims to extend its reach globally by collaborating with new partners.

“We’re preparing for future expansion by strengthening our in-house capabilities,” stated Christian Haigermoser, co-founder and co-CEO of Vectoflow. “This includes ramping up Additive Manufacturing, improving part post-processing, optimising instrumentation assembly, enhancing sensor calibration, and developing software solutions for test rig data acquisition and control. Our extensive know-how in flow instrumentation design, manufacturing, and calibration will play a crucial role in supporting business development across various markets.”

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Founded in 2014, Vectoflow produces standardised and customised flow measurement technology for various applications. Flow measurement systems and Air Data Systems from Vectoflow accurately measure the static pressure, total pressure, velocity, and angle of attack of a flow. These systems are adapted to their respective field of application in wind energy, aviation, turbomachinery development, and research, in terms of shape, size, and material. The manufacturing process is said to greatly increases their robustness, enabling reliable functioning under challenging environmental conditions.

The closure of the investment round is said to demonstrate confidence in Vectoflow’s capabilities; investors include new key players such as Bayern Kapital Innovationsfonds II, WN Invest GmbH, One Investment GmbH, argo vantage GmbH, Schwarz Holding GmbH, and Dr Rolf Pfeiffer. Additionally, existing seed investors AM Ventures and KfW Bankengruppe also participated.

“We are proud of having supported Vectoflow from its early stage,” stated Johann Oberhofer, Managing Partner of AM Ventures. “Katharina Kreitz and Christian Haigermoser recognised that industrial 3D printing is predestinated for fluid-dynamic metrology devices due to its freedom of design allowing very complex structures. The fact that Vectoflow’s customers are now directing their attention towards series production projects underscores the expertise they have diligently cultivated over the years in the R&D sector. With both existing and new partners on board, we are looking forward to support their further development and growth into series manufacturing.”

Monika Steger, Managing Director of Bayern Kapital, commented, “We are delighted to support Vectoflow in its continued growth. This dynamic and innovative company, with its future-oriented high-tech solutions and a high degree of innovation, embodies the kind of innovation and technological advancement we want to promote. Their impressive development and forward-looking solutions align excellently with our commitment to nurturing visionary companies.”

Katharina Kreitz, co-founder and co-CEO, concluded, “Our track record has built trust among our current customers, which we plan to leverage for expansion in existing and new markets. I’m particularly enthusiastic about our ventures into aerospace and wind energy applications, as these are future markets with significant societal relevance.”

www.vectoflow.de

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Companies & MarketsNews
January 10, 2024

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