More than EUR 400 million: New seed fund from High-Tech Gründerfonds
exceeds expectations (PHOTO)
Bonn (ots) –
– The fourth fund of the High-Tech Gründerfonds
Commitments received for more than EUR 400 million.
– The result is well above expectations, the second closing takes place
later this year.
– 40 private investors participate in addition to the Federal Ministry of
Economics and Climate Protection (BMWK) and KfW Capital at HTGF IV.
High-Tech Gründerfonds (HTGF) launches its fourth fund and achieves
already with the first closing a committed volume of more than 400 million
Euro. More than EUR 130 million of this comes from private investors who
alongside the Federal Ministry for Economic Affairs and Climate Protection (BMWK) and KfW
Capital participate in the fourth fund of the HTGF. The result surpasses that
expectations clear.
The HTGF thus leads the successful public-private partnership
Cooperation of public and private fund investors in the next
Generation: The second closing will take place this year and will therefore be clear
faster than with the predecessor fund. 40 companies from different
Sectors participate in HTGF IV, with medium-sized companies being particularly strong
represented, plus numerous large companies and family offices.
With its early financing, the new fund accompanies young companies from the
areas of digital tech, industrial tech, life sciences and chemistry. Included
the analysis and selection methods are even more focused on the aspect of
sustainability oriented.
dr Alex von Frankenberg, Managing Director of High-Tech Gründerfonds: “Our
Offering access to innovation, return and impact for our fund investors
and company has convinced many private investors. We are very pleased
about the great interest. This is how we build the network of innovation drivers
further out in Germany. The HTGF has been active for 17 years, we know them
positive feedback effects on the innovative power of our fund investors.
Together we will continue to invest in around 40 innovative technology start-ups per
year in the start-up phase and thus make an important contribution to the
Germany as a business location.”
Guido Schlitzer, Managing Director of High-Tech Gründerfonds: “The big one
Participation from future-oriented medium-sized companies, from leading corporations
and from significant family offices is an excellent signal for
Founders. After more than 670 seed investments from our
previous three funds, we know the market very well and know how big it is
in this country is the potential of and for start-ups. We look forward to staying in the future
to be able to continue financing young technology-driven companies.”
The HTGF sees itself as a platform that brings together corporations, medium-sized and
Family business networked with start-ups. Since its foundation in 2005, Europa
most active seed investor financed over 670 high-tech start-ups. More than 150
The HTGF has successfully sold companies, including an exit worth billions
and four IPOs. Right from the start, business enterprises were involved in the
Fund of the HTGF involved. HTGF III currently includes 33 industrial groups and
medium-sized companies are invested in Fund IV, the number of which is increasing
private investors to 40; the HTGF III had a after the second closing
Volume of EUR 319.5 million, in Fund IV the volume now increases to more than 400
Million Euro. http://www.htgf.de/
To the overview of fund investors
(https://www.htgf.de/de/ueberuns/fondsinvestoren/)
To the BMWK press release
(https://www.bmwk.de/Navigation/DE/Service/Presseservice/presseservice.html)
To the press releases of the fund investors (https://htgf.sharepoint.com/:f:/s
/MCDatenraum/Esb1FupSQVNkfjxTakNLDQBjXjJDfaJnzFcNKAaKmF8Zg?e=5xM8g7)
Press contact:
contact media
High-Tech Gründerfonds Management GmbH
Stefanie Grüter, Head of Marketing & Communications
T.: +49 228 82300 188
mailto:[email protected]
Contact Investors
High-Tech Gründerfonds Management GmbH
dr Alex von Frankenberg, Managing Director
mailto:[email protected]
Further material: http://presseportal.de/pm/66916/5247441
OTS: High-Tech Gründerfonds