Elise raises $14.8M (Germany)

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Elise, a Germany-based company that provides a connected engineering platform, has closed its Series A financing round of $14.8 million. The investment was led by Spark Capital, with participation from BMW i Ventures, Cherry Ventures, UVC Partners, and Venture Stars.

Founded in 2018 by Dr. Moritz Maier, Sebastian Möller, and Daniel Siegel, Elise provides a low code platform for connected, digital and automated product development, according to the company.