Celus Raises €25M In Series A Funding Round Led By Earlybird Venture Capital
PRIVATEJun 07, 2022
Amount Raised
€25 Million
Round Type
Series A
GermanySoftwareConsumer GoodsConsumer Electronics
Description
CELUS, a German deep tech company that uses AI to streamline circuit board engineering, has raised a €25 million in a Series A funding round led by Earlybird Venture Capital.
Quick answer
Celus raised €25 Million in a Series A round, dated June 7, 2022. Celus is based in Germany.
How much did Celus raise?
Celus raised €25 Million in a Series A round on June 7, 2022.
What does Celus do?
With its fresh cash injection Pohl said that the company plans to open a new office in the U.S. to “position it at the heart of the electronics industry.”“We want to reach every electronics designer out there, enabling..
Where is Celus based and how big is it?
Celus is based in Germany.
Source: Fundz verified event record.
Who to call at Celus, and when
A new round usually means Celus is about to hire and buy. The teams that reach out first get the meeting.
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Company Information
Company
Celus
Location
Germany
About
With its fresh cash injection Pohl said that the company plans to open a new office in the U.S. to “position it at the heart of the electronics industry.”“We want to reach every electronics designer out there, enabling them to focus more time on innovation and creativity, while our software reduces the tedious and time-consuming tasks they were dealing with before,” he said. It’s also worth noting that Celus can either be used as a standalone system, or integrated into an existing IT environment where its underlying AI smarts are put to work with industry-standard electronic design automation (EDA) tools.Time And with global events such as pandemics and wars exacerbating this issue, Celus is well-positioned to benefit by promising time-pressured circuit board engineers the ability to redesign their products with the press of a button.
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Fundz sees it the moment Celus raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
GermanySoftwareConsumer GoodsConsumer Electronics