Whether for a soda maker at home or a dispensing system in a restaurant, the CO2 gas cylinders used reveal nothing about their current fill level. With its smart IoT product Gasvisor The Munich-based startup Gastimate Technologies wants to change this and simultaneously digitize the cylinders. In this way, the Gasvisor is intended to help automate and simplify the management and ordering of CO2.
Now the startup completed its first financing round of €600,000. The investor group consists of renowned business angels from the DACH region, led by Jens Wesselmann and Nick Burmeister. The funds will be used to bring the MVP product into series production, introduce it to customers, and deepen existing partnerships.
Gastimate Technologies plans series production
Maximilian Betz, Managing Director of Gastimate Technologies, appreciates the trust that investors place in the vision and work of the entire founding team:
"This financing round not only enables us to expand our innovation, but also to enter series production and provide our customers with the best possible support in digitalization and automation."
The lead investors Jens Wesselmann and Nick Burmeister explain:
"As investors, we are proud to support Gastimate Technologies GmbH on this exciting journey. With the capital provided and the crucial access to the target market, we are confident that Gasvisor has the right approach for a market that has not yet been digitized and automated."
Gastimate Technologies was founded in May 2023 by Tobias Braun, Jesus Sandoval, and David Bassil. David Firmin and Maximilian Betz are the company's managing directors. Since its founding, the startup has successfully tested its technological solution in closed beta testing in close collaboration with strategic partners, suppliers, and pilot customers.
