Silicon Valley | SV Class of Summer 2013
Celonis, a spin-off from the Technical University Munich, was founded in 2011 and joined German Accelerator Silicon Valley in 2013. The signs that Celonis would stand out among other start-ups were there right from the start: Profitable from its very beginning and in 2011, it was ranked as Germany’s fastest-growing technology company in 2015. Celonis secured $50 million in venture capital to become the newest German unicorn. That brings the total number of privately-owned German startups with billion-dollar valuations to five.
iNDTact’s precision sensor systems in the IoT field saw traction in the Singapore market in under 5 months. Despite the longer sales cycle for B2B businesses, iNDTact secured key clients and partners in Singapore in the areas of smart buildings and railways.Read article