About xolo
xolo is a company based in Berlin (Germany) founded in 2019 by Dirk Radzinski, Stefan Hecht, and Martin Regehly.. xolo has raised $11.59 million across 2 funding rounds from investors including HZG Group, DeepTech & Climate Fonds and Onsight Ventures. xolo offers products and services including Xube², Xell, and Custom Xube.
- Headquarter Berlin, Germany
- Founders Dirk Radzinski, Stefan Hecht, Martin Regehly
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Sectors
Technology
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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 Xolo 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
$11.59 M (USD)
in 2 rounds
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Latest Funding Round
$8.55 M (USD), Series A
Feb 21, 2023
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Investors
HZG Group
& 9 more
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Employee Count
Employee Count
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Products & Services of xolo
xolo offers a comprehensive portfolio of products and services, including Xube², Xell, and Custom Xube. 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.
Advanced printer for industrial and research 3D printing tasks.
Compact device for bioprinting and material development.
Tailored printer for specific applications and setups.
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Funding Insights of xolo
xolo has successfully raised a total of $11.59M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8.55 million completed in February 2023. 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 Series A — $8.5M
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First Round
First Round
(11 May 2021)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Series A - xolo | Valuation | HZG Group , DeepTech & Climate Fonds | |
| May, 2021 | Amount | Seed - xolo | Valuation | SquareOne |
| 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 xolo
xolo has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include HZG Group, DeepTech & Climate Fonds and Onsight Ventures. 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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Capital and expertise are provided for technology startups by HZG Group.
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Founded Year | Domain | Location | |
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Investment in Deep-Tech and Climate-Tech companies is facilitated.
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Founded Year | Domain | Location | |
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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 xolo
| 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 - xolo
| 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 |
Xolo Comparisons
Competitors of xolo
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Xolo
Frequently Asked Questions about xolo
When was xolo founded?
xolo was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is xolo located?
xolo is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of xolo?
Dirk Radzinski is the current CEO of xolo. They have also founded this company.
Is xolo a funded company?
xolo is a funded company, having raised a total of $11.59M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.04M, raised on May 11, 2021.
What does xolo do?
Xolo was founded in 2019 in Berlin, Germany, as a provider of AI-based volumetric 3D-printing systems within the advanced manufacturing sector. A 3D printer utilizing projected light principles is manufactured, along with volumetric materializing technology for object creation. Proprietary software is developed to manage machine functions. Resins and accessories essential for 3D printing operations are also offered.
What products or services does xolo offer?
xolo offers Xube², Xell, and Custom Xube.
Who are xolo's investors?
xolo has 10 investors. Key investors include HZG Group, DeepTech & Climate Fonds, Onsight Ventures, SquareOne, and Christian Vollmann.