The portfolio company was incubated over the winter at Y Combinator.

JSR Micro formed a partnership with Capstone in November 2011 to provide its lithium ion battery to Capstone, which provides wireless water meters.

Ballpark Ventures led the consortium of ex-corporate venturing super angels and VCs backing LoopMe.

Jointly with its media partner Regiocast, GMPVC will provide MediKompass "a significant radio campaign based on infomercials in several German regions".

The investment is part of a rebranding initiative by Pauldirekt, which will see it have a ten-month, seven-digit TV campaign on N24, a Germany-based news and information channel and GMPVC partner.

Alongside Robert Bosch Venture Capital (RBVC) in the A round, were venture firms I2BF Global Ventures and Waarde Capital.