20 Oct 2025

"findIQ Secures Over $4 Million in Seed Financing to Expand AI-Based Knowledge Platform into US Market"

"YPOG provided legal advice to Senovo, a Munich-based venture capital firm, during a seed financing round for the B2B tech startup findIQ, which raised over $4 million. Founded in 2022, findIQ is developing an AI-based knowledge platform aimed at improving industrial machine and plant service by reducing fault diagnosis time and costs. The funding will help findIQ expand its team in the US to support global clients like Siemens and establish new partnerships. Other investors in the round included Plug and Play, High-Tech Gründerfonds, and Auxxo Female Catalyst Fund, among others."

**Law Firms Involved in the Transaction** YPOG provided comprehensive legal advice to Munich-based venture capital investor Senovo in connection with the seed financing round for B2B tech company findIQ. **Transaction Overview** On October 20, 2025, findIQ, a Herford-based startup founded in 2022, successfully raised over USD 4 million in its seed financing round. The funds will be utilized to accelerate the company's international expansion into the US market. findIQ is developing an AI-based knowledge platform aimed at enhancing industrial machine and plant service by capturing and structuring expert knowledge within companies. This innovative solution significantly reduces time and costs in fault diagnosis and addresses the challenges posed by the shortage of skilled workers. The financing will enable findIQ to establish a local team in the US to support global customers, including Siemens, Phoenix Contact, and Elopak, as well as to engage with new partners like Kulicke & Soffa. **Legal Team** The legal team from YPOG involved in this transaction included: - Dr. Adrian Haase (Lead, Transactions), Partner, Hamburg / Berlin - Alexandra Tafel (Transactions), Senior Associate, Berlin / Hamburg - Dr. Benedikt Flöter (IP/IT/Data Protection), Partner, Berlin - Farina Weber (Transactions), Associate, Berlin - Dr. Christoph Cordes (IP/IT/Data Protection), Associate, Berlin
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