After several months of preparation, the Appentra Team is excited to announce that Xesgalicia is now supporting the Appentra’s business plan through the GIE FCR-Pyme funds . The funds contributed by the Galician Venture Capital Management firm are an important support for the accomplishment of Appentra´s strategic plan during 2015-2016. The funds will be used to raise the startup to the next stage for comercialization of the Parallware tools in the High Performance Technical Computing (HPTC) market.
Above all … THANKS FOR YOUR SUPPORT !!!
About XesGalicia. Galician Venture Capital Management firm that finances company development through the temporary acquisition of minority shares of the capital of unquoted companies. In addition, it may make ordinary or mezzanine loans to the companies in which it invests through different venture capital funds and the assets of a venture capital company. Finance sector companies and companies quoted in the first Markets of Stock Exchanges are excluded. The GIE Fund Entrepreneurial Initiatives Galicia, FCR, has the following goals: Supporting entrepreneurship and financial support to entrepreneurship.Creating a network of private investors Galician. For this, it has an endowment of 5 Mill. €
About Appentra . Technology-based company spin-off of the University of Coruña established on July 24, 2012. Appentra provides top quality software tools that allow extensive use of High Performance Computing (HPC) techniques in all application areas of engineering, science and industry. Appentra’s target clients are companies and organizations that run frequently updated compute-intensive applications in markets like aerospace, automotive, civil engineering, biomedicine or chemistry. Research and development is a strategic value for the company, and innovation is the engine to provide new innovate HPC software solutions that meet the needs and improve the productivity of our clients.