They started with pay-per-use financing for industrial machinery and equipment in 2018 and reached a turnover of 2.5 million euros in 2022. CCAP, a BaFin-registered investment and consulting company, is coming on board as a new investor with a seven-figure sum in the Austrian startup linx4.
“We grew strongly in 2022, and now it’s a matter of bringing in the other European ones,” says Paul Bruckberger, who co-founded the fintech linx4 with his father. “We have the product in the EU and EEA countries, and now we want to gain a further foothold there. The new target market is the UK, another important industry location for us.”
The new, strategic investor CCAP was founded by Christopher Caesar and Sebastian Hess and saw itself as a long-term partner for companies. In addition to investments, it also offers corporate finance consulting. Accordingly, CCAP can help linx4 to win further large corporates in the industrial sector as customers.
They started with pay-per-use financing for industrial machinery and equipment in 2018 and have made it to a turnover of 2.5 million euros in 2022. Now the next expansion step is on the horizon. That’s because CCAP, a BaFin-registered investment and consulting company based in Frankfurt am Main, is now coming on board as a new investor, putting a seven-figure sum into the Lower Austrian startup linx4.
The new, strategic investor CCAP was founded by Christopher Caesar and Sebastian Hess and saw itself as a long-term partner for companies. In addition to investments, it also offers corporate finance consulting. Accordingly, CCAP can help linx4 to acquire other large corporates in the industrial sector as customers.
linx4‘s pay-per-use model is a new financing model for industrial machinery. A striking example is a car wash. Instead of either buying or leasing it, an operator can pay for it via linx4 on a “per use” basis – i.e., by giving away a certain percentage of the money, it collects from its customers per wash cycle. IoT tracks how, when, and where the machines are used.