InnoFounder Program of IFB Hamburg Awards Grant to amsight

amsight has been awarded funding from InnoFounder, a program offered by the Hamburg Investment and Development Bank (IFB Hamburg). This €75,000 grant will provide critical support for the company's continued development and market expansion over the next 10-months.

This funding from InnoFounder will allow the company to:

• accelerate Software Development: Invest in further development of their software platform, adding new features and functionalities to empower AM users even more effectively. Focus will be the development of an AI-based process optimization module in amsight software.

• Expand Market Reach: Utilize resources to strengthen their marketing and sales efforts, reaching a wider audience and establishing the company as a key player in the global AM software landscape.

• Build a Strong Team: Allocate funds towards attracting and retaining top talent within the software development and AM fields, fostering a dynamic team environment for continued innovation.

The company is thrilled with the support provided by InnoFounder. This funding will be instrumental in accelerating our growth trajectory and solidifying our position within the AM software market. As the CEO of the company Tim Wischeropp points out, “We are grateful for the support from InnoFounder and IFB and are excited to leverage these resources to further develop our technology and empower AM users worldwide.”

InnoFounder is a funding initiative specifically designed to empower innovative, early-stage businesses in Hamburg. The program targets companies with a strong focus on digital technologies, offering financial assistance to support their initial growth phase.