Elise Raises $14.8M in Series A Funding
- Elise, a Bremen, Germany-based provider of a connected engineering platform, raised $14.8M in Series A funding
- The round was led by Spark Capital, with participation from BMW i Ventures, Cherry Ventures, UVC Partners, and Venture Stars
- The company intends to use the funds to expand operations and its business reach
- This leads to more efficient use of product knowledge and accelerates development significantly
- Application areas include the automotive industry and aerospace
- Today, customers include BMW Group, Hyundai Motor Group, MAN Truck & Bus and Toyota Gazoo Racing
