High-Tech Gründerfonds

High-Tech Gründerfonds
Public-private partnership
Industry Private equity
Founded 2005 (2005)
Headquarters Bonn, Germany
Products Venture capital, growth capital
Total assets €560.5 million

The High-Tech Gründerfonds (or HTGF) is a public-private venture capital investment firm based in Bonn, Germany. High-Tech Gründerfonds is an early stage seed investor, focused on high potential high-tech start-ups.[1][2][3] The seed financing is provided to allow start-ups to take their ideas through the prototyping phase up to the market launch. Usually High-Tech Gründerfonds invests €0.5 million in the seed stage and up to a total of €2 million per portfolio company in later rounds.[4]

High-Tech Gründerfonds is a public–private partnership. Investors include the Federal Ministry of Economics and Technology, the KfW Banking Group owned by the federal government, which in total provided EUR 500 M (almost 90% of the funds total volume) of capital, and twelve industrial groups of ALTANA, BASF, B. Braun, Robert Bosch, CEWE Color, Daimler, Deutsche Post DHL, Deutsche Telekom, Qiagen, RWE Innogy, Tengelmann and Carl Zeiss. In March 2012, Evonik also invested €2.5 million in the fund.[5][6] High-Tech Gruenderfonds has about €560.5 million under management in two funds (€272 million HTGF I, €288.5 million HTGF II).[7][8]

Investments

High-Tech Gründerfonds has approximately 250 companies in its portfolio, including Trademob, a mobile app marketing platform, 6Wunderkinder, the company behind Wunderlist and Wunderkit,[9] fruux, a cross-platform synchronization service, AYOXXA Biosystems, a protein multiplexing company based in Cologne and Singapore, Mister Spex, a large German online retailer for glasses, plista, a recommendation platform, and SimScale, a web-based simulation platform.

References

  1. ↑ Georg Räth. "Interview mit einem VC: High-Tech Gründerfonds". Gründerszene. Retrieved 2012-03-30.
  2. ↑ förderland. "Regionale Seedfonds unterstützen öffentliches Investment". förderland. Retrieved 2012-04-02.
  3. ↑ VDI. "Regionale Seedfonds unterstützen öffentliches Investment". VDI. Retrieved 2012-04-02.
  4. ↑ HTGF. "Financing Terms". HTGF. Retrieved 2012-03-30.
  5. ↑ Magdalena Räth. "Evonik investiert in High-Tech Gründerfonds II". Gründerszene. Retrieved 2012-03-28.
  6. ↑ Evonik. "Evonik Industries invests in High-Tech Gründerfonds II". Evonik. Retrieved 2012-03-30.
  7. ↑ Federal Government of Germany. "Innovationsdialog: Bundeskanzlerin Merkel kündigt Investitionszulage zur Wagniskapitalfinanzierung junger innovativer Unternehmen an". Federal Government of Germany. Retrieved 2012-03-28.
  8. ↑ Federal Ministry of Economics and Technology. "Staatssekretär Burgbacher gibt Startschuss für den High-Tech Gründerfonds II". Federal Ministry of Economics and Technology. Retrieved 2012-03-28.
  9. ↑ Meyer, David (June 18, 2012). "Revealed: Why 6wunderkinder's backers really sold up". GigaOM. Archived from the original on April 11, 2014. Retrieved April 11, 2014.

External links


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