|By PR Newswire||
|April 8, 2014 10:39 AM EDT||
PADERBORN, Germany, April 8, 2014 /PRNewswire/ --
On March 26th, 2014 the renowned Venture Lounge event took place in Hamburg. VC firms, angel investors and professional venture service providers met some of the most promising start-ups in Germany.
Splendid weather greeted the participants at the 20th floor of Taylor Wessing, its main host together with CatCap. Sponsors included the Venture Magazin, Shortcut Ventures, Neuhaus Partners, Deutsche Startups, seedmatch, the Business Angel Network Germany (BAND), Gruenderszene, Agence, Visionary, Fraunhofer Venture and many more.
Every start-up had 10 minutes to present itself and to answer questions from the critical audience. CEO Müting: "I was nervous at registration when I noticed what experienced audience to expect. Given the high quality of other founders, I did not expect to win. That is why I am even more proud having been selected as a winner of this event."
http://www.agrar33.de is a purchasing platform for farmers founded in 2013. The platform provides more than 50,000 durable goods delivered within 24h at no extra costs and with best-price guarantee. The sophisticated IT ensures direct access to supplier data with real-time stock levels checked regularly daily. Mr. Mueting's long-standing personal relationship to over 200 suppliers has been critical for this integration.
The German market for these products is estimated at over EUR 1 bn. By year-end Agrar33 plans to add another 40,000 parts and to expand to France, Netherlands or UK. The European market is estimated at EUR 10 bn.
Founder Mueting: "Currently we are in a good financial situation due to the initial capital. We could continue to grow comfortably. However, we see the opportunity to grow by 800 % until year-end 2015 with sufficient capital resources and the right partners."