Berlin-based startup GlassFlow has raised $1.1 million in a Pre-Seed funding round. The round was led by High-Tech Gründerfonds, with participation from Robin Capital, TinyVC, and the Kyiv-based generalist VC firm Roosh Ventures, as well as saw the support of several angel investors, Tech.eu reports.
- Founded by Ashish Bagri and Armend Avdijaj, GlassFlow is on a mission to democratize the $15b data streaming market. The team is building a platform that enables Python developers to build and transform their streaming data pipelines within minutes while unlocking the full potential of event processing for organizations of all sizes.
“The demand for real-time data processing is skyrocketing, and Glassflow’s streamlined approach is a game-changer. By consolidating complex tools into a single platform, it empowers teams to deliver results in record time. What truly excites us is the stellar team behind Glassflow, led by Armend and Ashish, boasting over a decade of expertise in real-time data processing, with their prior collaborative successes spelling a promising journey ahead,”
Andrew Tymovskyi, Roosh Ventures principal, explained to Tech.eu.
- Roosh Ventures is one of the investors this round. It is a Kyiv-based entrepreneurs-led, generalist VC firm investing in early-stage companies during their pre-seed to Series A round across the EU and US markets. The firm was co-founded by Kyle Ukho, Serhiy Tokarev, and Den Dmytrenko on the basis of Roosh.
- Other investors included High-Tech Gründerfonds, Robin Capital, and TinyVC, as well as angel investors Thomas Dohmke (CEO of GitHub), Heikki Nousiannen (CTO of Aiven), Serhii Sokolenko (ex-head of Streaming Analytics at Google), and Prof. Dr.-Ing Roland Fassauer (Co-founder of Intershop).