FBGS Technologies GmbH – a leading supplier of advanced fiber-optic sensing solutions and components based on Fiber Bragg Gratings (FBG) technology — has secured a single-digit million growth financing.
X2 Equity, a leading investor in growth stage high-tech companies, is being joined by existing investors bm|t beteiligungsmanagement thüringen and Xenics during the financing round. The proceeds from this round will enable FBGS to further develop its systems solutions offerings, to expand and automate its sensor manufacturing capacity in Jena and to build sales operations and channels in key Asian growth regions such as China. Marc Sperschneider will represent X2 Equity on the Board of FBGS.
„With X2 Equity we won a new investor that not only supports us financially, but also brings vast experience in entrepreneurship and in scaling technology businesses, further providing us with complementary operational resources and support”, emphasized Dr. Eric Lindner, CEO of FBGS.
„X2 Equity invests in technology companies serving advanced industrial markets with test and measurement being a strategic segment for investment. The committed FBGS Team, their unique in-house developed FBG sensing technology, and the successful first deployments of their FBG sensing solutions into many challenging customer environments convinced us to invest in the company. We see a bright future and extensive customer opportunities for FBGS solutions in high-end customer markets”, stated Marc Sperschneider, CEO of X2 Equity. “We are looking forward to actively supporting the FBGS team.”
“For us it is a great pleasure to see how FBGS has continuously developed. The new investment provides the company with a solid basis for further growth”, added Stephan Beier, Chairman of the Board of FBGS and Investment Manager at bm|t.
Hampleton Partners, the international mergers and acquisitions and corporate finance advisory firm for technology companies, has advised FBGS Technologies GmbH on this strategic fundraising round.
Dr. Peter Baumgartner, Sector Principal of Hampleton Partners: “we are happy to see X2 joining FBGS with its large experience in optics and system manufacturing to further increase the global presence of FBGS. Besides the great strategic fit we also focussed on finding the right match in the key people. We wish FBGS a strong future development of the business.”
FBGS is a Belgium / Germany based developer and manufacturer of high strength Fiber Bragg Gratings (FBG) during fiber drawing or using femtosecond based inscription technologies. These automated processes result in very high quality, cost effective Fiber Bragg Gratings with unmatched performance characteristics. Based on the unique sensing components, FBGS is also designing, developing and producing customized sensor solutions. FBGS products and solutions are suitable for both standard and bespoke applications in industries such as: medical, aerospace, composite, process, civil & geo, telecom and test & measurement.
About X2 Equity
X2 Equity is an independent investment holding company focused on the funding and scaling of high-tech companies active in technology systems, advanced components, industrial software and smart industrial services. X2 Equity has offices in Munich (Germany), Phoenix AZ (US) and Suzhou (China).
More information about X2 Equity can be found under http://www.x2-equity.com
The Erfurt-based bm|t beteiligungsmanagement thüringen gmbh – a subsidiary of the Thüringer Aufbaubank – is the first address for investment in Thuringia. bm|t currently manages eight investment funds with a total volume of 320 million €. bm|t invests in innovative companies of all high-growth sectors and in all stages of a company’s life cycle, from start-up to IPO or MBO.
More information about bm|t can be found under https://www.bm-t.com
Xenics is a Belgian company, developing and manufacturing infrared imagers and cameras. Target markets include machine vision, process monitoring, transportation, safety & security, advanced research and medical. Since the start of the company in 2000, Xenics has steadily grown internationally with offices in Europe, USA and Asia, and has become a reliable and trusted partner for standard infrared products, as well as customized solutions for key customers.
More information about Xenics can be found under http://www.xenics.com
About Hampleton Partners
Hampleton Partners is at the forefront of international M&A and fundraising advisory for companies with technology at their core. https://www.hampletonpartners.com
Hampleton’s experienced deal makers have built, bought and sold over 100 fast-growing tech businesses and provide hands-on expertise and unrivalled international advice to tech entrepreneurs and the companies who are looking to accelerate growth and maximise value. With offices in London, Frankfurt and San Francisco, Hampleton offers a global perspective with regional and sector expertise across Automotive Tech, IoT, AI, FinTech, High-Tech Industrials, Cybersecurity, VR/AR, HealthTech, Digital Marketing, Enterprise Software, IT Services, SaaS & Cloud an E-commerce.