sunhill technologies concludes additional round of financing

Erlangen, Germany, 21/01/2011. Due to rapid business expansion and increased activity at international level, with particular focus on Europe, the shareholders of sunhill technologies GmbH decided to raise a total of 2.8 million euros of additional capital in a large round of financing. Alongside the two founding investors – MIG AG as lead investor and High-Tech Gründerfonds – the company can now also count KfW Bankengruppe and Bayern Kapital among its shareholders. With the backing of these four prestigious investors, sunhill technologies GmbH now has a secure position from which to continue the expansion of its business model and has substantial support for its rollout in German-speaking countries and beyond.

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