The techie startup Mogenius has raised 2.5 million euros in the seed round. The money comes from, among others, Carsten Maschmeyer, who invested with his investment vehicle Seed + Speed.
This means that he is invested in numerous companies, many of which come directly from “The Lion's Den”. A team of twelve investment employees takes care of the high number of investments, the operational work with the startups and the administrative work, three of whom deal exclusively with DHDL deals. In addition to Maschmeyer, Alexander Kölpin is also the managing director.
In addition to Maschmeyer-VC, Conceptum, a Frankfurt-based investment company, and Smart Infrastructure Ventures from Leipzig, which is part of a tech hub that also includes the HHL accelerator Spinlab, have also joined.
Mogenius wants to relieve your developers
With the fresh money, the startup wants to drive the expansion of sales activities in Europe and the USA and further develop the solution with additional monitoring, observability and AI functions.
Mogenius promises that its software will enable developers to work significantly more efficiently. This is achieved by the solution attempting to optimize and partially automate developer operations, thereby eliminating some manual processes. Specifically, Mogenius is based on Google's open source tool Kubernetes, or K8s for short, which is often used by cloud software providers. Kubernetes can be used to manage so-called containers – small, independent software programs. If you are interested in the technical details of Mogenius, you can find them in this video.
The startup was founded in Cologne in 2021 by Behrang Alavi, Benedikt Iltisberger,
Herbert Möckel, Jan Lepsky and Gerrit Schumann.
Here you can see the pitch deck that helped convince investors to invest. You can find more pitch decks on our pitch deck overview.
Source: https://www.businessinsider.de/gruenderszene/technologie/carsten-maschmeyer-investiert-mit-13-slides-haben-diese-techies-ihn-ueberzeugt/