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News

KSK Diagnostics GmbH gains Innovationsstarter Fonds Hamburg and High-Tech Gründerfonds (HTGF) as partners to finance the development of molecular point-of-care diagnostic tests

24. April 2017
KSK Diagnostics GmbH uses its isothermal amplification technology, KDx rITA®, for the development of molecular point-of-care tests to identify pathogens and antimicrobial resistance within 30 minutes. This significantly reduces the time before therapy is started. A financing round has now been completed with Innovationsstarter Fonds Hamburg and High-Tech Gründerfonds in order to accelerate the development of the product and its More …

Symetis and Boston Scientific reach USD 435 million purchase agreement

7. April 2017
Definitive purchase agreement whereby Boston Scientific will acquire Symetis for $435 million in an all cash, up-front payment Acquisition of Symetis will expand the treatment offerings for patients with aortic valvular heart disease Acquisition projected to close during the second quarter of 2017, subject to customary closing conditions Symetis’ IPO launched on Euronext Paris and very well received by the More …

Dräger acquires majority stake in Hamburg-based start-up bentekk

3. April 2017
Dräger Safety AG & Co. KGaA has acquired a 51 percent stake in bentekk GmbH from seed investors High-Tech Gründerfonds (HTGF) and Innovationsstarter Fonds Hamburg (IFH). This latest acquisition sees Dräger extend its expertise in the area of mobile gas measurement even further. bentekk, based in the south of Hamburg, specializes in developing innovative gas measurement devices for industrial applications. bentekk’s More …

Software AG Acquires Cumulocity GmbH and Extends its Internet of Things Technology Leadership

27. March 2017
High-Tech Gründerfonds, HCS, Verso Ventures and founders of Cumulocity GmbH implement exit Cumulocity provides a comprehensive IoT cloud platform for integrating networked devices Software AG now integrates the IT world with IoT devices and Operational Technology With this acquisition Software AG strengthens its leading position in the IoT market   Software AG (Frankfurt TecDAX: SOW) today announced the acquisition of More …

Simplify your private cloud – cloudplan closes second financial round

23. March 2017
cloudplan offers a next-gen most secure and intelligent private cloud solution based on peer-to-peer technology for Enterprises (SaaS model). To finance international roll-out and further development a second financial round has been closed with INNOVATIONSSTARTER FONDS HAMBURG, High-Tech Gründerfonds and 7 private investors. Frank Brügmann, CEO cloudplan: „With our solution Enterprises can build their secure private cloud locally or globally More …

Crealytics Raises $9.3 Million to Scale Rich Intersection of Ad Tech and Retail Technology

15. March 2017
Series C underscores progressive investments in ad tech outside the hype cycle Paid search and Google Shopping leader Crealytics announced the close of $9.3 million in Series C financing from a group of private investors. Led by Optima, a privately owned investment group, the raise signals a progressive, mounting movement toward investments outside the typical ad tech hype cycle and More …

FAZUA GmbH races to market launch with successful Series B financing round

14. March 2017
FAZUA GmbH, the development and distribution firm behind the evation e-bike motor, has successfully completed its Series B financing round Long-standing shareholders High-Tech Gründerfonds (HTGF), Bayern Kapital and five private investors as well as a new stakeholder, entrepreneur Rolf Nied, are providing the company with EUR 3 million in funding as part of a capital increase. The financing will be More …

Valeo acquires gestigon, specialized in software for cabin 3D image processing

13. March 2017
Paris, March 13, 2017 – Valeo has acquired all of the outstanding shares of gestigon, a German start up specialized in developing 3D image processing software for the vehicle cabin. Designed to reinforce Valeo’s technological leadership in automated driving, this acquisition provides a solution to the need to develop simple, intuitive and effective human-machine interfaces (HMI) in a hyper-connected world. With More …

Skoove, the piano learning platform, announces €1.2m investment

8. March 2017
Skoove (www.skoove.com), the freemium piano-learning platform, is announcing 1.2 million EUR of fresh capital, from IBB-Bet and EGORA Holding. By joining the existing investor, High-Tech Gründerfonds, this new investment signals both venture capital firms’ faith in the ongoing growth of the online learning market, which, according to a KPMG and CB Insights Q4 Venture Pulse study, received over $1 billion More …

fodjan secures Series A financing and gains new partners

7. March 2017
Technologiegründerfonds Sachsen (TGFS) and High-Tech Gründerfonds (HTGF) are investing in the fast-growing sector of smart farming. Lely Group has also agreed a strategic partnership with the company. Dresden-based start-up fodjan is a specialist in the field of efficient feed management for livestock. The firm’s smart, cloud-based software makes it possible to reduce feed costs, increase operational efficiency while also improving More …