The Hamburg-based start-up Cybus (formerly known as Skybus) is to receive a six-digit seed investment sum from the Pfanneberg Group, the company announced Friday (July 1st). Cybus is developing a complex software platform that connects industrial machinery and software applications with each other. This will benefit Pfannenberg – a manufacturer of cooling products to enable precise control of the internal environment and chillers to cool machinery.
Investment sector eyeing Industry 4.0
Pierre Manière, CEO of Cybus, said: “With Pfannenberg group, not only have we acquired a great first funding, but also an extremely interesting strategic partner. With their broad range of experience from different industry sectors and a common understanding for industry solutions, the cooperation is a huge gain for us.” In an interview with Hamburg Startups, Manière and his co-founders noted the role of Industry 4.0 in a dynamic market, which is being watched closely by the investment sector.
Increased sales and marketing
Andreas Pfannenberg, Managing Director of Pfannenberg, said: “This investment is not entirely philantrophic. We are fully convinced by the team and the solution presented by Cybus for spanning bridges between the highest industrial demands and state-of-the art internet technology. That holds huge potential for developing our services. Apart from that, we can learn plenty from them even though we are a well-established medium-sized company.”
The funds will go mainly towards sales and marketing and for strengthening the company’s development section, Cybus said.