# Sovity

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sovity

- Industry: Software
- Headquarters: Dortmund, Germany
- Website: www.sovity.de
- Latest round: Seed (Feb 15, 2023)
- Investors on record: 2

## About

Based in Germany, and founded in 2021 by its CEO Sebastian Kleff and CTO Dr. Sebastian Opriel, Sovity GmbH operates as a data sovereignty as a service company that provides technology for data spaces based on standards. The company is a spin-off of the Fraunhofer Institute for Software and Systems Engineering ISST. In February 2023, Sovity GmbH raised seed funding from High-Tech Gründerfonds and Fraunhofer Technologie-Transfer Fonds GmbH.

Sovity GmbH creates data sovereignty as a service platform, allowing businesses of any size to connect to a Date Space and gain access to data sovereignty, allowing them to create new business models and build products. Furthermore, it conceptualizes and advises on how to build and establish sovereign data exchange, provides onboarding to deep-tech technology to participate in data spaces, and integrates and manages access to data spaces via Sovity as SaaS.

The company plans to use the seed funding for product development and the expansion of its market presence.

## Funding rounds

- Seed, Feb 15, 2023 — High-Tech Gruenderfonds, Fraunhofer Technologie-Transfer Fonds

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Seed
- Fraunhofer Technologie-Transfer Fonds — Seed