New eCAPITAL Fonds IV and Technologiegründerfonds Sachsen invest in Rhebo

New eCAPITAL Fonds IV and Technologiegründerfonds Sachsen invest in Rhebo 

Leipzig, 29.06.2016: Rhebo AG receives venture financing from eCAPITAL Technologies Fonds IV and the Technologiegründerfonds Sachsen, with eCAPITAL acting as lead investor.

Founded by Klaus Mochalski (CEO), Martin Menschner (CTO) and Frank Stummer (Business development) and located in Leipzig, Rhebo was amongst the first ones to develop and successfully market a solution for a fully automated real-time surveillance of data traffic in industrial control networks. Via so-called “Deep Packet Inspection“ (DPI) Rhebo’s software monitors and analyses the content of data packages in the communication between machines, and by doing so, automatically learns the patterns of the ordinary data traffic. On every deviation of the normal state through for example an external attack or the threat of a machine downturn, the user receives a real-time notification about the anomaly and can initiate respective actions. The key value proposition offered by Rhebo is that thanks to its analytical software, machine breakdowns can be minimized or even avoided entirely. As costs of this nature are substantial, operators can achieve significant savings in terms of production and maintenance costs. 

“Reliability and security are central risks in our increasingly connected industry. Thanks to its innovative technological background, Rhebo pioneers in helping clients with regards to IoT to detect system failures of every nature as well as external threats in real-time“, states Willi Mannheims, partner of the eCAPITAL AG. 

Rhebo already marks the fourth investment by the eCAPITAL IV Technologies Fonds, which was started in 2016. The eCAPITAL IV Fonds aims to build a portfolio of approx. 15 participations in innovative, high-growth companies in the fields of Software & IT, Cleantech, Automation / Industry 4.0, and New Materials, with a targeted fund size of € 100 million. 

“The management’s experience has already contributed to two successfully established companies in the past and, by building upon this, eCAPITAL was able to leverage their know-how within the foundation of a third company offering a completely new software solution for industry 4.0 applications, which has particularly found our approval“, said the responsible Investment Director of TGFS Andreas Müller. 

Founder and CEO of Rhebo Klaus Mochalski adds: “In 2015, Rhebo successfully transited from product development to commercial launch. These installations helped us to convince investors of the technological benefits and the scalability of our business model. We chose eCAPITAL and TGFS due to their active and competent approach and guidance, particularly in the field of data security. First test runs at German automotive manufacturers demonstrate the smooth functioning of the concept of anomaly detection through Rhebo’s Industrial Protector. Currently, detailed negotiations are also being held with organisations from the energy sector. Particularly after the introduction of the IT security law, the need for an intelligent security solution has risen significantly.“ 

About Rhebo:
The Rhebo AG was found on Mai 21st, 2014 by five private shareholders and was transformed into a corporation through shareholdings of financial investors. The company is situated in Leipzig and currently has nine employees. Rhebo Industrial Protector monitors the real-time operations of industrial plants to avoid and minimize machine downtimes. A fully automatical detection system of anomalies grants high operational safety and comprehensive protection against cyber attacks. The reduction of downtimes results in substantial cost savings for operators of both plants and critical infrastructure. 

The eCAPITAL AG, situated in Münster, is a financial investment management company for alternative investment funds (AIF) according to the EuVECA regulations. The cooperation belongs to the leading venture capital investors in Germany and supports active, innovative entrepreneurs in growth industries since 1999. The business focus lies on high-growth companies in the fields of Software / IT, Industry 4.0, Cleantech and New Materials. eCAPITAL currently manages six funds with total assests under management of approx.      €160 million and invests in promising companies ranging from seed to later stage.

About TGFS:
The Technologiegründerfonds Sachsen (TGFS) provides tech-oriented entrepreneurs equity capital financing in seed and startup phases. The fund was started in 2008 with a volume of about €60 million and was extended to € 124 million in March 2016. TGFS’s target companies are young, innovative and technology-oriented entrepreneurs and companies from ICT, semi-conductors and microsystems technology, medical engineering, life sciences, environment and energy technology as well as new media. The TGFS addresses young companies based in or producing in Saxony.


Rhebo GmbH                    
Klaus Mochalski (CEO)  
Spinnereistr. 7
Halle 6, 2.OG                        
D-04179 Leipzig                        
Tel. +49 341 393 790 0

eCAPITAL entrepreneurial Partners AG
Sabrina Schwarzer
Hafenweg 24
D-48155 Münster
Tel.: 0251 703767-0

TGFS Süd Beteiligungen GmbH
Andreas Müller
Dittrichring 2
D-04109 Leipzig
Tel. 0341 220 38832
Mail: zentrale(at)