Comnovo
Latest round
- Seed
Last raised
- Nov 2014
Total raised
- Undisclosed
Investors
- 2
About Comnovo
Founded in 2013 and headquartered in Dortmund, Germany, Comnovo GmbH develops advanced assistance systems tailored for intralogistics. The company was acquired by Linde Material Handling GmbH in July 2017, enabling the latter to expand its portfolio.Comnovo GmbH specializes in advanced assistance systems for intralogistics, enhancing workplace safety and efficiency. Key offerings include the Linde Safety Guard, a modular system that protects personnel from forklift accidents and reduces infrastructure damage, particularly at entry areas. The company also provides speed zoning solutions that control vehicle speeds in critical areas, targeting industries such as automotive, beverage, and manufacturing across Europe and North America.The company's revenue generation model is primarily based on B2B transactions, involving direct sales of flagship products like the Linde Safety Guard to industrial clients. Sales occur through one-time purchases or service contracts, including installation and ongoing support. The firm may partner with larger industrial operators, offering tailored solutions for specific operational challenges.Following the acquisition by Linde Material Handling GmbH in July 2017, Comnovo GmbH aims to leverage this partnership to expand its product offerings and market presence. While specific new product launches have not been disclosed, the acquisition is intended to enhance Linde's portfolio, potentially leading to the development of innovative solutions in the future. The company is expected to focus on expanding into additional markets across Europe and North America, capitalizing on Linde's established distribution channels to reach new clients.
Who invested in Comnovo
2 investors across 1 round
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Funding rounds
Seed
Nov 21, 2014
Amount
Undisclosed
Investors
Questions about Comnovo
Who invested in Comnovo?
Comnovo has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Comnovo raised?
Comnovo has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Comnovo last raise money?
Comnovo's most recent round on record is a Seed, in Nov 2014.
What does Comnovo do?
Founded in 2013 and headquartered in Dortmund, Germany, Comnovo GmbH develops advanced assistance systems tailored for intralogistics.
Where is Comnovo headquartered?
Comnovo is headquartered in Dortmund, Germany.
Which VCs invest in companies like Comnovo?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back hardware companies at Comnovo's stage. Their profiles are linked below.
VCs backing hardware startups at Seed
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