Battery Ventures is going to purchase steute Technologies, a manufacturer of cutting-edge technological solutions for the industrial and medical industries, with its headquarters located in Löhne, Germany.
The deal’s total value was not made public. Jesse Feldman, General Partner of Battery, will become a member of the board of supervisors of the firm.
Through this cooperation, the company that provides sophisticated sensors, hardware, and software solutions for intricate industrial and medical applications hopes to develop faster.
About steute
Switches, sensors, and other items that promote greater automation and safety are produced worldwide by steute. Certified medical-control devices that assist in accurately controlling medical equipment in operating rooms worldwide are part of its product line. Apart from the healthcare sector, Steute’s sensor and switching devices play a crucial role in industrial settings where dependability and safety are essential, especially in areas that need to tolerate harsh temperatures and corrosive or explosive circumstances. The firm connects important industrial components wirelessly to offer automation solutions for the whole shop floor.
