Funding round for SMYCLES
AI-powered team planning software · Magdeburg, Germanyfunding round withIBG-Fonds Sachsen-Anhalt (Management bmp Ventures AG)SMYCLES raises €1.5m in equity, led by the IBG funds of the state of Saxony-Anhalt under the management of bmp Ventures. Two private investors take part, and the startup moves its headquarters to Magdeburg.
- Lead investor
- IBG-Fonds Sachsen-Anhalt (Management bmp Ventures AG)
- Target
- SMYCLES, Magdeburg
- Type
- Funding round
- Sector
- Software, Data & AI
- Country
- Germany
- First reported
- 20/10/2026
- Source
- startbase.de
Deal-Radar no. 43-083 · publicly reported, without guarantee · SourcingClub was not involved in this transaction. Report an error · Method
Transactions by IBG-Fonds Sachsen-Anhalt (Management bmp Ventures AG)
So far this is the only transaction by IBG-Fonds Sachsen-Anhalt (Management bmp Ventures AG) published in the Deal-Radar. New deals are added every Monday.
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Information from public sources, without guarantee and without claim to completeness. No investment or legal advice. Published on 26 October 2026.