Blockbrain, a Stuttgart-based technology scale-up specializing in knowledge management solutions, has raised €17.5 million in Series A funding led by Alstin Capital and 13books Capital, with participation from existing investors, to enhance its platform's security and compliance features and expand its market presence in Europe and the UK.

Information on the target

Blockbrain, a Stuttgart-based technology scale-up, has successfully secured €17.5 million (£15.2 million) in Series A funding. This funding round is led by Munich-based venture capital firm Alstin Capital and London-based fintech-specialized VC firm 13books Capital, with additional participation from the HARTING Family Foundation. Existing investors, including Giesecke+Devrient Ventures, Landesbank Baden-Württemberg Ventures, and Mätch VC, have also increased their financial commitments to support the company's growth.

Blockbrain offers an innovative platform solution designed to preserve and automate critical knowledge within organizations. By creating digital knowledge twins, Blockbrain enables companies to capture and scale expertise, decision-making logic, and established processes, thereby addressing the challenges associated with employee turnover and knowledge loss.

Industry overview in the target’s specific country

Germany's technology sector is characterized by a strong emphasis on innovation and digital transformation, particularly in knowledge-intensive industries. The demand for advanced AI solutions has surged as companies seek to enhance oper