Pava Partners orchestrated a capital increase for automotive digitization specialist Twinner GmbH, backed by bmp Ventures and its IBG Risikokapitalfonds III, aimed at expanding Twinner's Software-as-a-Service offerings and global market presence.

Information on the Target

Twinner GmbH, established in Halle (Saale) in 2017, specializes in the digitization of vehicles through innovative hardware and software solutions. Utilizing state-of-the-art sensor technologies and advancements from AI research, Twinner quickly creates a Digital Twin® of vehicles, providing essential data required for assessing the condition of cars. Vehicles are digitally captured and photographed within dedicated 'Twinner®Spaces', significantly streamlining processes such as used car sales, financing, and insurance.

The funding from the investors will support further development of Twinner's Software-as-a-Service (SaaS) offerings and expand product distribution. Twinner aims to market the Twinner®Space globally, addressing a critical gap in the existing digital value chains within the automotive sector.

Industry Overview in Germany

The automotive industry is a cornerstone of the German economy, renowned for its innovation and engineering excellence. As one of the largest automotive markets in the world, Germany encompasses a vast network of manufacturers, suppliers, and technolog