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Announced

Completed

HV Capital led a $16m Series A round in SPREAD.

Financials

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Transaction Value£12m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Engineering Consulting

Private Equity

Domestic

Minority

engineering intelligence

Venture Capital

Completed

Friendly

Germany

Private

Single Bidder

Synopsis

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HV Capital, a venture capital firm that supports founders in developing their internet companies, led a $16m Series A round in SPREAD, an engineering intelligence startup for complex mechatronic products. “SPREAD’s Engineering Intelligence Network is leading the shift in how products are designed, produced, and repaired. All German automakers are already benefitting from SPREAD, and the pull from international players across industries is stunning to observe,” Felix Klühr, HV Capital Partner.

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