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Vectoflow set for expansons after completing Series A funding round

Posted on 02 Jan 2024. Edited by: John Hunter. Read 1057 times.
Vectoflow set for expansons after completing Series A funding roundGermany-based Vectoflow, a company that specialises in 3-D printed flow measurement systems, has announced the completion of its Series A investment round, having secured 4 million euros in funding. The money raised will be used to drive Vectoflow’s expansion into ‘serial production for instrumentation tailored to the aerospace and energy market’; and by collaborating with new partners, Vectoflow aims to extend its reach globally.

Johann Oberhofer, managing partner of AM Ventures — an existing ‘seed investor’ — says he is convinced that Vectoflow will set new standards with its probes: “We are proud of having supported Vectoflow from its early stage, having recognised that Katharina Kreitz and Christian Haigermoser were adamant that industrial 3-D printing is predestined 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 cultivated over the years in the R&D sector. With both existing and new partners on board, we are looking forward to supporting their further development and growth into series manufacturing.”

Technological advancement

Monika Steger, managing director of Bayern Kapital — one of the new investors — added: “We are delighted to support Vectoflow in its continued growth. This dynamic and innovative company, with its future-oriented hi-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 with our commitment to nurturing visionary companies.”

Christian Haigermoser, Vectoflow’s co-founder and co-CEO, said: “We are preparing for future expansion by strengthening our in-house capabilities. 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 throughout various markets.”

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