Furo raises $4M after relocating from Silicon Valley back to Germany
Furo, a startup building software for industrial battery storage systems, has raised $4 million from mostly U.S. investors including TQ Ventures, Neo, and Sheryl Sandberg's Sandberg Bernthal Venture Partners. The three 28-year-old founders, originally from Germany, moved back home after studying and briefly operating in the Bay Area, and within a year landed enterprise clients like Deutsche Bahn. Co-founder Lena Sophia Voß says the company is scaling faster in Europe than it would have in the U.S.