We are happy to announce that Bareways GmbH has closed its seed financing beginning of July. This round was led by a syndicate of family offices led by Fabian v. Kuenheim, with the MBG-SH, several business angels and advisors to the company participating. Both managing directors and founders of Bareways, Moritz v. Grotthuss (CEO) and Sascha Klement (CTO), continued to invest too. The financing will be used to ramp up the team of engineers to accelerate the technology driven strategy of the company.

Bareways was founded 2019 by Moritz v. Grotthuss and Sascha Klement, who – prior to Bareways – build gestigon, the global market leader for automotive’ gesture control solutions, that was successfully sold to Valeo in 2017. With Bareways they are addressing solutions for driving assistance systems and autonomous vehicle features beyond urban- or highway mobility. A first product will be launched 2020.