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David Bassil, Jesus Sandoval, Maximilian Betz and David Firmin from Gastimate Technologies

David Bassil, Jesus Sandoval, Maximilian Betz and David Firmin from Gastimate Technologies

Gastimate Technologies closes first equity financing round in the amount of 600,000 euros

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The SCE Alumni start-up Gastimate Technologies GmbH, based in Munich, announces that it has successfully completed an equity financing round totaling 600,000 euros following its foundation in May 2023. Congratulations on this great success!

The alumni of our DeepDive Master and the SCE Accelerator programme are pioneers in the field of digitalization and automation of CO2 gas cylinders with their smart IoT product "GasVisor". The aim is to be the first company in the world to automate, digitize and simplify the management and ordering of CO2 gas cylinders. The investments will be used to transfer the MVP product to series production, introduce it to customers and deepen existing partnerships.

Maximilian Betz, Managing Director of Gastimate Technologies GmbH, appreciates the confidence that the investors have in the vision and work of the entire founding team.

"The 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."

Since its foundation in May 2023, Gastimate Technologies GmbH has successfully tested its technological solution in a closed beta test in close cooperation with strategic partners, suppliers and pilot customers.

Jens Wesselmann and Nick Burmeister (lead investors), 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 previously undigitized and automated market."


Text and image: © Gastimate Technologies

Contact for press inquiries:
Gastimate Technologies GmbH
V.i.S.d.P., Maximilian Betz, Maximilian.Betz@gasvisor.eu