# ProGlove funding: rounds and investors

> ProGlove has raised $47M across 4 rounds since 2015. Investors include Summit Partners, Intel Capital and Bayern Kapital. Every round with its source.

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

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

# Who invested in *ProGlove*

4 rounds we have observed, with the 8 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.

Manufacturing

Funding summary Updated 26 Oct 2026

**$47M** raised across 4 rounds since 2015, from 4 sources

**$6.7M** Round **$40M** Round

- **Latest round:** Venture Jan 2022
- **Biggest round:** $40M Round · Sept 2019
- **Investors:** 8

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.

2015 2016 2017 2018 2019 2020 2021 2022

**?** Seed

**$6.7M** Round

**$40M** Round

**?** Venture

- **First round:** Seed
- **Biggest round:** $40M
- **Usual gap between rounds:** 2.3 years

## The rounds

- **Jan 2022** Venture **Amount undisclosed** *2 new* *1 returning* [Intel Capital](https://millionrounds.com/fund/intel-capital) [Summit Partners](https://millionrounds.com/fund/summit-partners) [Bayern Kapital](https://millionrounds.com/fund/bayern-kapital) Source recorded
- **Sept 2019** Round **$40M** *1 new* [Summit Partners](https://millionrounds.com/fund/summit-partners) Reported by VentureBeat
- **May 2018** Round **$6.7M** *4 new* [GETTYLAB](https://millionrounds.com/fund/fast-by-gettylab) Bayern Kapita Capital DIVC Reported by FinSMEs
- **Apr 2015** Seed **Amount undisclosed** *1 new* [TechFounders](https://millionrounds.com/fund/techfounders) From a historical funding record

## Founders and team

From ProGlove's own website: 3 on the team.

- **Armin Schwab** Team
- **Gap Inc.** Team
- **Mike Baricevich** Team

## 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** 2015 **Round** 2018 **Round** 2019 **Venture** 2022 [Summit Partners](https://millionrounds.com/fund/summit-partners) [Intel Capital](https://millionrounds.com/fund/intel-capital) [Bayern Kapital](https://millionrounds.com/fund/bayern-kapital) [TechFounders](https://millionrounds.com/fund/techfounders) [GETTYLAB](https://millionrounds.com/fund/fast-by-gettylab) Bayern Kapita Capital DIVC

## Everyone who backed them

[Summit Partners](https://millionrounds.com/fund/summit-partners) Private equity **2** rounds

[Intel Capital](https://millionrounds.com/fund/intel-capital) Corporate VC **1** round

[Bayern Kapital](https://millionrounds.com/fund/bayern-kapital) Government **1** round

[TechFounders](https://millionrounds.com/fund/techfounders) Accelerator **1** round

[GETTYLAB](https://millionrounds.com/fund/fast-by-gettylab) VC firm **1** round

Bayern Kapita no record of our own yet **1** round

Capital no record of our own yet **1** round

DIVC no record of our own yet **1** round

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

## Also claim to have backed them

These 3 firms list ProGlove as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Capmont](https://millionrounds.com/fund/capmont) Private equity Per its own site

[DI Kapital](https://millionrounds.com/fund/di-kapital) Private equity Per its own site

[Deutsche Invest capital Partners](https://millionrounds.com/fund/deutsche-invest-capital-partners) VC firm Per its own site

## Quick answers about ProGlove

### Who invested in ProGlove?

ProGlove's investors include Summit Partners, Intel Capital, Bayern Kapital, TechFounders and GETTYLAB, and 3 more on record.

### How much has ProGlove raised?

ProGlove has raised $47M across 4 rounds since 2015. 2 rounds did not disclose an amount, so the total is a floor.

### When did ProGlove last raise?

ProGlove's most recent round was a Venture in Jan 2022.

### What was ProGlove's biggest round?

ProGlove's largest round on record is $40M (Undisclosed round), in Sept 2019.

### Who backed ProGlove first?

ProGlove's first round on record, in Apr 2015, was backed by TechFounders.

### What stage is ProGlove at?

ProGlove's latest named round is a Venture, in Jan 2022.

### Where is ProGlove based?

ProGlove is based in Germany.

## Companies like ProGlove

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

[**NOVUS** Oct 2026](https://millionrounds.com/company/novus)[**QuantumDiamonds** $201M · Jul 2026](https://millionrounds.com/company/quantumdiamonds)[**Synera** $86M · Jul 2026](https://millionrounds.com/company/synera)[**Capsule Corporation** $920K · Mar 2026](https://millionrounds.com/company/capsule-corporation)[**TYTAN Technologies** $35M · Feb 2026](https://millionrounds.com/company/tytan-technologies)[**nuuEnergy** $5.1M · Feb 2026](https://millionrounds.com/company/nuuenergy)

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