airfocus, a Hamburg, Germany-based SaaS startup that offers a product management platform, closed $7.5 million in funding.  

SaaS Investors 

The round was led by Newion with participation from XAnge, Nauta, Riverside Acceleration Capital, and Picea Capital.   

Newion is an Amsterdam-based venture capital firm focused on early-stage investments in B2B software companies in North-West Europe.  

airfocus Use of Funds 

The company will use the funds to support its global expansion in the product management software market.  

About airfocus 

Founded in 2017 by Malte Scholz, Christian Hoffmeister, and Valentin Firak, airfocus is a modular product management platform that is tailored for product teams to use for market-facing products, internal product management, and IT portfolio management. The company's platform leverages tools and AI for OKRs, roadmaps, and customer insights. Over 800 businesses worldwide use the software, including Caterpillar, The Washington Post, and Orange. 

Funding Details

Company: airfocus GmbH  

Raised: $7.5M     

Round: Unknown  

Funding Month: January 2024                                                                   

Lead Investors: Newion  

Additional Investors: XAnge, Nauta, Riverside Acceleration Capital, and Picea Capital  

Company Website: https://airfocus.com/   

Software Category: Product Management  

Source: https://tech.eu/2024/01/11/hamburg-startup-airfocus-raises-75m-for-product-management-platform/