Raising a Seed round of 3 to 4M€ to be used for a 24-month run-way. Other details:

• Investment type: priced round;
• currently - no CL, no debt;
• pre-seed - 1,2MEURO in late 2022 (for details on pre-seed and cap table details - Cap Table

To be used for:

• Move the HQ & build a Sales & Marketing team in a location closer to the market;
• With one or two commercial directors as key-personnel (with significant shares;
• Get to five commercial projects with OEMs – land and expand model – to reach 2M/ Y revenue;
• Ongoing development on the solution & on the certification process;
• Prepare for a Series A - aiming for a USA lead round, with CVCs from the automotive / aerospace/defense.