New investors for BFB’s “hüma Parkettsystem GmbH” investment

  • MBG and redpartners invest as part of a financing round
  • Fresh capital for further expansion of production and sales

hüma Parkettsystem GmbH (“hüma”) has gained Mittelständische Beteiligungsgesellschaft Berlin-Brandenburg GmbH (“MBG”) and redpartners gmbh (“redpartners”) as new investors in a round of financing. In this process, existing shareholder BFB Frühphasenfonds Brandenburg GmbH (“BFB”) exercised conversion rights from a subordinated loan and retains a 15% interest in hüma. In total, hüma will obtain over € 2 million in fresh capital through the round of financing.

hüma develops and manufactures a ready-to-lay genuine wood parquet system for damp and wet areas which is completely water resistant due to the innovative delicate sealing lip between the individual parquet elements and a microscopically thin layer of varnish. The parquet, which is also extremely easy to lay thanks to a plastic-based snap-action connection, can therefore be used without any problems in bathrooms, kitchens or in catering.

The company, founded in November 2013 and based in Eberswalde, had already received an initial seven-figure financing sum at the end of 2014 from BFB, a business angel and the founders.

“Now that we have successfully concluded the further technical development of our product and the product is ready to go into production, we will use the newly obtained funds to expand production and sales further,” explains Felix Hüllenkremer, founder and Managing Director of hüma. “In MBG and redpartners we are delighted to have found two further renowned investors alongside BFB to accompany us on this next important step.”

Dr Miloš Stefanović, Managing Director at MBG, says: “Although wood flooring is very popular in Germany, so far it has not been widely used in damp and wet room areas owing to the possible risk of water penetration. In hüma’s system, we see a product that can close this gap and therefore has the potential to revolutionise the market.”

Michael Aha, Managing Partner of redpartners gmbh, adds: “We believe that the hüma parquet system has great potential thanks to the high quality of its manufacture and technical character as a new, innovative branded product. It makes it possible to lay parquet flooring, which is becoming increasingly popular, throughout both living and wet areas and offers attractive alternatives, especially in integrated living and kitchen areas.”

About Mittelständische Beteiligungsgesellschaft Berlin-Brandenburg GmbH
MBG BERLIN-BRANDENBURG provides investment capital for the entire spectrum of financing projects to medium-sized companies in Berlin and Brandenburg. It is a self-help institution for the economy backed by chambers of industry and commerce and the banking and insurance industries.

About redpartners GmbH:
redpartners GmbH is a young and dynamic investment and consulting company comprising a team of accomplished international managers with decades of practical experience in general management, sales, marketing, human resources, general administration and corporate legal matters. The company invests in young companies and assists them with their first steps into the market by helping to build scalable company and sales structures as well as develop a communications strategy. redpartners gmbh holds investments in various newly founded companies internationally with a focus on high-tech, digital business models and innovative products.

About BFB Frühphasenfonds Brandenburg GmbH:
BFB Frühphasenfonds Brandenburg GmbH (Frühphasenfonds Brandenburg) invests in young, innovative companies in the State of Brandenburg with the aim of strengthening the equity base of these companies in the early phase. The fund, which has a volume of EUR 25 million, was designed and set up by InvestitionsBank des Landes Brandenburg (ILB) on behalf of the Ministry for Economics and European Affairs of the State of Brandenburg. 75% of the fund’s resources are provided by the European Regional Development Fund (ERDF), 20% by budget funds of the State of Brandenburg and 5% by bmp Beteiligungsmanagement AG. bmp (www.bmp.com) has been commissioned to manage the fund. In addition to hüma-Parkettsystem GmbH, the fund’s current portfolio comprises 22 other Brandenburg companies. (www.fruehphasenfonds-brandenburg.de)

About bmp:
With a background in and experience of more than 150 investments in almost all technology segments, and more than 50 exits in the form of IPOs and trade sales, bmp Beteiligungsmanagement AG is one of the most experienced venture capital investors in Germany. In addition bmp also manages IBG Fund of Saxony-Anhalt. (www.bmp.com)

contact:

Corinna Riewe
Public Relations
criewe@bmp.com
Tel: +49 (0) 30 - 20 30 5-567
Fax: +49 (0) 30 - 20 30 5-555
Schlüterstraße 38
10629 Berlin