Seed Financing Round for Robotic Startup KEWAZO Paves the Way for Scaffolding

ESA BIC Bavaria congratulates their startup KEWAZO for successfully closing the seed financing round. The Munich-based startup company KEWAZO develops a smart robotic solution for the scaffolding assembly process and was now able to raise more than EUR 1 Million in a seed financing round which was led by MIG Fonds 14 and Business Angel Alfred Bauer. The investment will be used in order to bring their product to the market.

KEWAZO joined the ESA BIC Bavaria in November last year.

The ESA BIC Bavaria seeks entrepreneurs using space technologies in a non-space environment. That does not mean rocket science, but applies to multiple application fields such as navigation and positioning, communications techniques, Earth observation, materials, processes, signals or robotics.

Are you interested in joining our network and do you have an innovative idea yourself? Then have a look at the details of the ESA BIC Bavaria programme. ESA BIC Bavaria has four selection rounds each year. The next application deadline for the incubation programme is 08 June 2018. Apply now for ESA BIC Bavaria


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