Series A funding for in.hub

TGFS Technologiegründerfonds Sachsen (TGFS), which is advised by GRUENDELPARTNER, is investing a seven-figure sum in in.hub GmbH – a provider of complete IIoT systems designed for self-commissioning – as part of a Series A funding round.

in.hub GmbH was founded in Chemnitz in 2017. The company develops a flexible, scalable and vendor-neutral solution comprising both hardware and software components. The target audience is small and medium-sized enterprises, which gain deeper insights into their machinery through the solution. Compared with traditional products, the company’s product is more cost-effective and easier to implement.

The TGFS launched its third fund generation in 2023 and has supported over 100 start-ups in Saxony since its inception in 2008. The TGFS focuses on young, innovative, technology-oriented companies operating in the ICT, semiconductor and microsystems technology, medical technology, life sciences, environmental and energy technology, and new media sectors, which have their headquarters or business premises in Saxony.

GRUENDELPARTNER’s M&A, Venture Capital and Private Equity practice group is one of the most experienced and largest advisory teams in Central Germany and supports investors and entrepreneurs through all stages of development, particularly in company formation, business development, corporate financing and all exit processes.