With a successful first closing of €400 million, the HTGF is taking the collaboration between public and private fund investors into the next generation: 40 companies from a wide range of industries are participating in the fourth fund. According to the HTGF, medium-sized companies are particularly well represented – alongside large corporations and family offices. The second closing is scheduled for this year. For comparison: The HTGF III had a volume of 319.5 million euros after the second closing.
The new fund will provide early-stage financing to young companies in the digital tech, industrial tech, life sciences, and chemicals sectors. The analysis and selection methods will be even more focused on sustainability.
17 years of experience
Alex von Frankenberg, Managing Director of High-Tech Founders Fund, says:
"Our offer of access to innovation, returns, and impact for our fund investors and society has convinced many private investors. We are very pleased with the strong interest. This allows us to further expand the network of innovation drivers in Germany. The HTGF has been active for 17 years, and we are familiar with the positive feedback effects on the innovative power of our fund investors. Together, we will continue to invest in around 40 innovative technology startups per year in the early stages, thus making an important contribution to Germany as a business location."
“Large participation from future-oriented SMEs”
And Guido Schlitzer, Managing Director of High-Tech Gründerfonds, adds:
"The significant participation from forward-looking SMEs, leading corporations, and prominent family offices is an excellent signal for founders. After more than 670 seed investments from our three previous funds, we know the market very well and know how great the potential is for startups in this country. We look forward to continuing to finance young, technology-driven companies in the future."
