How much did Celus raise?

Celus raised €25 Million in a Series A round on June 7, 2022.

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 else raised in Consumer Goods and Consumer Electronics around the same time

Companies in the same sectors as Celus that raised within 45 days of this round, from Fundz verified event records.

Halborn raised $90M (Series A) on July 20, 2022.
Aquiline Drones Corp raised an undisclosed amount on May 9, 2022.
Aquiline Drones Corp raised $1M (Seed) on May 9, 2022.
Collage Group raised $25M (Funding Round) on June 29, 2022.
Shop Circle raised an undisclosed amount (Funding Round) on June 28, 2022.
Eagle Football Holdings raised an undisclosed amount (Funding Round) on June 24, 2022.

Who to call at Celus, and when

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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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What this usually means

Typical timeline to Series B

Series A companies typically raise their next round in 10-18 months

Celus raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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