Unternehmertum Venture Capital (UVC) is launching its second fund to finance startups with innovative technologies and significant growth potential. The fund is expected to reach a total volume of €70 million. The early-stage financier successfully completed its first closing in January with €34 million. The fund invests in startups from German-speaking countries in the areas of Industry 4.0 and IoT, B2B software (SaaS), mobility, and smart cities.
With the new fund, UVC its successful investment strategy from the first fund. A key advantage of UVC has proven to be its close ties to UnternehmerTUM proven.
"This access is a clear unfair advantage for our portfolio companies. No other fund in Germany offers such comprehensive support."
explained Dr. Ingo Potthof, Managing Partner of UVC. John of Borries, also Managing Partner at UVC, adds:
"Despite our close collaboration, we invest throughout Germany as an independent VC. We can offer these special advantages without being restricted in our investment strategy and decision-making."
Family offices, entrepreneurs, and industrial corporations are once again relying on UVC's expertise for the second fund. The new Fund II plans to build a portfolio of 15 to 20 high-growth companies from German-speaking countries. UVC primarily participates as a lead investor in the Seed and Series A phases and typically invests up to €2 million initially. In subsequent financing rounds, UVC can provide a total of up to €8 million per startup.
Many years of experience in the venture capital industry
The UVC team has many years of experience in the venture capital industry and as successful founders in building young technology companies. The portfolio includes such successful companies as FlixBus, Europe's leading provider of long-distance coach travel, or VEACT, a SaaS specialist for marketing processes in the automotive industry. The young company KONUX, which offers smart sensor systems for Industry 4.0, UVC has invested together with NEA, one of the leading US VCs.
