202027 Feb

raises €1.8M co-led by Armilar Venture Partners and K Fund for its Parallelware Analyzer software

Summary

Today we are excited to announce that Appentra has raised €1.8M in a round led by Armilar Venture Partners and K Fund, also joined by Caixa Capital Risc, Xesgalicia and Unirisco, the investors that had already trusted us in the very early stages of the company. And now in the COVID-19 era, parallel computing is already playing a key role in the global race towards finding a vaccine to effectively combat the virus and fight against the pandemic worldwide. Since its foundation as a spin-off of Universidade da Coruña, Appentra has been building a reputation as a reliable partner and software supplier among its customers in the United States, Saudi Arabia and Europe. Creating a Deep Tech startup company is the easy part, but succeeding in building a scalable business requires a talented, highly-skilled and self-motivated team of professionals that enjoy challenging work everyday. Through its ICTs area, Caixa Capital Risc invests in initial phases of innovative companies that have projects for B2B markets with a strong technological component, led by committed entrepreneurs, with scalable value propositions, and a vocation to build a global business.

Source: Appentra

Funding

$2.05M
Amount
Feb 27 2020
Date
-
Investor
Appentra
Company

Classifications

Companies