Press release
bubbles & beyond closes new financing round
- International market position to be expanded -Leipzig, Germany, March 7, 2011 – bubbles & beyond, a technology company focusing on customized intelligent fluids, has announced the successful closing of a second financing round. All existing investors - LBBW Venture Capital, S-Beteiligungen, Hightech-Gruenderfonds and KfW -participated in the round, which totals EUR 1.2m.
The new funds will be used to strengthen the international market presence of bubbles & beyond and to broaden its internal development capacities in order to meet the increasing demand for customized intelligent fluids™ in various industry sectors. This includes diversified commercialization opportunities in the printing industry, microelectronics, and facility cleaning sectors in Europe and Japan. bubbles & beyond already markets products for graffiti removal as well as cleaning and preservation of building structures on the market. A product portfolio of professional cleaning agents for print rolls will be launched soon. In addition, there is considerable market demand for bubbles & beyond´s intelligent fluids™ in functional cosmetics.
Christian Roemlein, Managing Director of bubbles & beyond, said: „This follow-on financing round is a clear sign of confidence of our investors regarding bubbles & beyond and our unique intelligent fluids™ technology platform. Our partners can achieve significant benefits from implementing our customized solutions – i.e. enormous process cost optimization in technical application areas and unparalleled functionality in cosmetic application areas.“
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About bubbles & beyond GmbH
bubbles & beyond is a technology company focusing on the development of customized intelligent fluids for industrial, cosmetic, and medical applications. Based on its proprietary intelligent fluids™ platform, bubbles & beyond can create phase fluids, which allow for unique physical effects and a stunning performance as well as a broad range of different product types and applications. These solutions are exclusively composed of approved, gentle ingredients, which have been tried and tested for a long time. The company is highly flexible and quick to react on special product-driven requirements, changing regulations or specific customer demands across various industries.
bubbles & beyond was founded in 2006 and is based in Leipzig, Germany. Please visit www.bubbles-beyond.com for further information and news updates.
bubbles & beyond GmbH
Karl-Heine-Strasse 99
D-04229 Leipzig
Germany
Tel.: +49 (0)341 / 3196810
Katrin Kiesel
kiesel@bubbles-beyond.de
www.bubbles-beyond.com
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