# CorTec funding: rounds and investors

> CorTec has raised $9.8M across 3 rounds since 2011. Investors include High-Tech Gruenderfonds, High-Tech Gründerfonds and EIC Accelerator.

Source: https://millionrounds.com/company/cortec (Millionrounds; every figure on the page links to its filing or article)

Germany · [Funded startup](https://millionrounds.com/companies)

# Who invested in *CorTec*

3 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Healthcare

Funding summary Updated 26 Oct 2026

**$9.8M** raised across 3 rounds since 2011, from 3 sources

**$3.3M** Seed **$3.9M** Series A **$2.7M** Grant

- **Latest round:** Grant, $2.7M Dec 2022
- **Biggest round:** $3.9M Series A · Aug 2013
- **Investors:** 3

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2013 2015 2017 2019 2021

**$3.3M** Seed

**$3.9M** Series A

**$2.7M** Grant

- **First round:** Seed, $3.3M
- **Biggest round:** $3.9M
- **Usual gap between rounds:** 9.3 years

## The rounds

- **Dec 2022** Grant **$2.7M** *1 new* [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) Source recorded
- **Aug 2013** Series A **$3.9M** *2 returning* [High-Tech Gruenderfonds](https://millionrounds.com/fund/high-tech-gruenderfonds) [High-Tech Gründerfonds](https://millionrounds.com/fund/high-tech-grunderfonds) Reported by finsmes.com
- **Oct 2011** Seed **$3.3M** *2 new* [High-Tech Gruenderfonds](https://millionrounds.com/fund/high-tech-gruenderfonds) [High-Tech Gründerfonds](https://millionrounds.com/fund/high-tech-grunderfonds) Reported by finsmes.com

## Founders and team

From CorTec's own website: 1 founder, 2 on the team.

**Dr. Martin Schuettler** Chief Technology Officer and Co-Founder

- **Dr. Frank Desiere** Chief Executive Officer
- **Dr. Oliver Baertl** Chief Financial Officer and Chief Operating Officer

Advisers *Klaus Würtenberger*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2011 **Series A** 2013 **Grant** 2022 [High-Tech Gruenderfonds](https://millionrounds.com/fund/high-tech-gruenderfonds) [High-Tech Gründerfonds](https://millionrounds.com/fund/high-tech-grunderfonds) [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator)

## Everyone who backed them

[High-Tech Gruenderfonds](https://millionrounds.com/fund/high-tech-gruenderfonds) VC firm **2** rounds

[High-Tech Gründerfonds](https://millionrounds.com/fund/high-tech-grunderfonds) VC firm **2** rounds

[EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) Government **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=cortec).

## Quick answers about CorTec

### Who invested in CorTec?

CorTec's investors include High-Tech Gruenderfonds, High-Tech Gründerfonds and EIC Accelerator.

### How much has CorTec raised?

CorTec has raised $9.8M across 3 rounds since 2011.

### When did CorTec last raise?

CorTec's most recent round was a Grant of $2.7M in Dec 2022.

### What was CorTec's biggest round?

CorTec's largest round on record is $3.9M (Series A), in Aug 2013.

### Who backed CorTec first?

CorTec's first round on record, in Oct 2011, was backed by High-Tech Gruenderfonds and High-Tech Gründerfonds.

### What stage is CorTec at?

CorTec's latest named round is a Grant, in Dec 2022.

### Where is CorTec based?

CorTec is based in Germany.

## Companies like CorTec

In the same sector, and raised in the last eighteen months.

[**Arab Therapy** $2.0M · Aug 2026](https://millionrounds.com/company/arab-therapy)[**Solar Materials** $18M · Apr 2026](https://millionrounds.com/company/solar-materials)[**Patronus Group** $40M · Apr 2026](https://millionrounds.com/company/patronus-group)[**Tacalyx** $28M · Apr 2026](https://millionrounds.com/company/tacalyx)[**XO Life** $13M · Apr 2026](https://millionrounds.com/company/xo-life)[**Wellster Healthtech Group** $32M · Mar 2026](https://millionrounds.com/company/wellster-healthtech-group)

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