Startup Factory Invests in IIoT Startup nxtBase

August 2021

Startup Factory China took over shares in Berlin-Brandenburg-based nxtBase technologies GmbH in August 2021 as part of an early-stage financing. This step accelerates the expansion of Startup factory’s customer portfolio towards startups, especially in the area of Industrial IoT.

Startup Factory not only wants to accompany young German technology companies as a service provider to China, but also as “smart money” investor, if it believes in the success of products & services in China like in the case of nextBase. Through the Smart Factory Kunshan initiative in which numerous international and Chinese technology providers demonstrate their Industry 4.0 solutions as part of the Smart Factory concept, also startups can be offered an unique sales and partnership platform in addition to favorable production and purchasing environment – all to be successful in China.

For Startup Factory nxtBase technologies GmbH is an ideal partner, because the software company develops adaptable smart services for remote maintenance, inspection and maintenance of highly complex machines for Industry 4.0 in order to improve and accelerate classic service processes and therefore also offers companies in China significant advantages. Welcome to our family!


“The holistic approach and the long-term strategy of nxtBase convinced us from the start. In addition, the AI-based platform with future-oriented technology offers a solid basis for the digitization of logistics and maintenance processes” concludes Bernd Reitmeier, managing director and founder of Startup Factory, on its first startup investment.

The aim of the financing round is, combined with a 1.7 million euro PROFIT funding of the Investitionsbank Land Brandenburg (ILB), to expand the Potsdam site, to win international sales partners, and to gradually expand the product line.

About nxtBase Technologies

nxtBase is a software startup based in Potsdam and Berlin that develops customizable smart services for remote maintenance, and inspection of highly complex machines for Industry 4.0 in order to improve and accelerate classic service processes. Wearable computing and digitization of analog processes are core competencies of nxtBase technologies. nxtBase has developed a framework that represents the interface between the requirements of logistics and the Internet of Things (IoT) or augmented reality functions. nxtBase digitizes logistics and service processes by using modern end devices such as augumented reality glasses or smartphones and merging the applications into holistic digital processes on a platform developed in-house. www.domorewithmoreknowhow.de

About Startup Factory

Startup Factory is a currently the largest business incubator for small and mid-sized European enterprises that are looking for assembly or production facilities, a repair workshop or a job shop in China to extend their business activities.

At present, Startup Factory runs subsidiaries for 37 European companies on 39,000 sqm with a total of more than 350 employees at its factory location in Kunshan, near Shanghai. Our experienced German-Chinese management team in Kunshan is supported by a contact office in Munich. In addition to flexible rental units, Startup Factory offers a full management services package covering all functions that can be provided centrally. Our customers can concentrate fully on manufacturing and growing their business.

About Smart Factory Kunshan

Smart Factory Kunshan is Startup Factory’s joint venture with Kunshan City Government established in 2017.  The purpose of the demonstration and integration factory is to create an innovative environment for Industrial Internet of Things / Industry 4.0 from research over demonstration till education. We enable international and Chinese companies to integrate and demonstrate their technology in the field of Industry 4.0 in a real-life production environment.

pictures: nxtbase Technologies GmbH, Startup Factory (Kunshan) Co. Ltd.