About synthavo
synthavo is a company based in Stuttgart (Germany) founded in 2019 by Benedict Lindner, Alexander Illg, and Sebastian Stöcklmeier.. synthavo has raised $4.2 million across 2 funding rounds from investors including Samaipata, Senovo and Oliver Bendig. synthavo offers products and services including 1-Click Ersatzteilerkennung. synthavo operates in a competitive market with competitors including Cognex, Berkshire Grey, Bright Machines, LANDING AI and Inspekto, among others.
- Headquarter Stuttgart, Germany
- Founders Benedict Lindner, Alexander Illg, Sebastian Stöcklmeier
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Synthavo Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.2 M (USD)
in 2 rounds
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Latest Funding Round
$4.2 M (USD), Seed
Dec 17, 2024
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Investors
Samaipata
& 3 more
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Employee Count
Employee Count
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Products & Services of synthavo
synthavo offers a comprehensive portfolio of products and services, including 1-Click Ersatzteilerkennung. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tool for identifying and ordering machine parts via photo.
Funding Insights of synthavo
synthavo has successfully raised a total of $4.2M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $4.2 million completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $4.2M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2024 | Amount | Seed - synthavo | Valuation | Samaipata , Senovo | |
| Jan, 2023 | Amount | Seed - synthavo | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in synthavo
synthavo has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Samaipata, Senovo and Oliver Bendig. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Samaipata is engaged in venture capital investments for startups.
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Founded Year | Domain | Location | |
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B2B sectors are invested in by Senovo venture capital fund.
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Founded Year | Domain | Location | |
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Enterprise startups are accelerated via a 6-month program.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by synthavo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - synthavo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Synthavo Comparisons
Competitors of synthavo
synthavo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cognex, Berkshire Grey, Bright Machines, LANDING AI and Inspekto, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Machine vision systems are developed for industrial automation and tracking.
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| domain | founded_year | HQ Location |
Automated material handling robot solutions are provided.
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| domain | founded_year | HQ Location |
Full-stack automation solutions for electronics manufacturing are provided.
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| domain | founded_year | HQ Location |
AI-based platform for identifying defects
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| domain | founded_year | HQ Location |
Autonomous machine vision systems for quality inspection are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about synthavo
When was synthavo founded?
synthavo was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Where is synthavo located?
synthavo is headquartered in Stuttgart, Germany. It is registered at Stuttgart, Baden-wurttemberg, Germany.
Who is the current CEO of synthavo?
Sebastian Stöcklmeier is the current CEO of synthavo. They have also founded this company.
Is synthavo a funded company?
synthavo is a funded company, having raised a total of $4.2M across 2 funding rounds to date.
What does synthavo do?
Synthavo was founded in 2019 in Stuttgart, Germany, as a software company focused on manufacturing support. An AI-driven platform is provided for visual spare parts identification, where single mobile phone photos enable recognition. Machine downtime is addressed in production processes, while spare parts management and ordering are facilitated for suppliers and manufacturers across the sector.
Who are the top competitors of synthavo?
synthavo's top competitors include Cognex, Berkshire Grey and Bright Machines.
What products or services does synthavo offer?
synthavo offers 1-Click Ersatzteilerkennung.
Who are synthavo's investors?
synthavo has 4 investors. Key investors include Samaipata, Senovo, Oliver Bendig, and Alchemist Accelerator.