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News

GeneQuine Biotherapeutics’ Gene Therapy Program for Treatment of Knee Osteoarthritis Acquired by Flexion Therapeutics

14. December 2017
Knee osteoarthritis program developed by Hamburg-based gene therapy specialist GeneQuine Biotherapeutics acquired by Flexion Therapeutics for up to $64 million. Program holds potential to provide long-lasting pain relief and disease modification, and pending positive pre-clinical results is anticipated to enter clinical trials in 2019. GeneQuine Biotherapeutics GmbH today announced that Flexion Therapeutics, Inc. (Nasdaq: FLXN) has acquired the global rights More …

Frankfurt-based startup node.energy GmbH secures financing

14. December 2017
High-Tech Gründerfonds (HTGF) and 5 Business Angels are investing together just under 1 million euros in node.energy GmbH. The company develops software to optimize energy costs for companies with on-site power generation. The funding will be used to further develop the software and to finance the market launch in Germany. Over a million small power plants went online in Germany More …

Smart assistant robot made in Baden-Württemberg – Fraunhofer spin-off Unity Robotics GmbH raises seed financing

30. November 2017
Unity Robotics GmbH has sealed a seven-figure sum of investment in a seed-financing round involving High-Tech Gründerfonds (HTGF), Fraunhofer-Gesellschaft e.V., Staufen.Digital Invest GmbH, Haas Equity GmbH and Stokar mach3 GbR. The company intends to use the money to take the pre-series model of the robot assistant Care-O-bot 4 into series production and tap additional fields of application alongside the retail More …

EWE invests in High-Tech Gründerfonds III

16. November 2017
Regional energy and telecommunications group invests seven-figure sum in HTGF III EWE AG, a regional energy and telecommunications service provider based in Oldenburg, Germany, is investing a seven-figure sum in HTGF III. Through its investment, the company will gain access to innovative tech start-ups and the fund’s large network spanning the entire start-up scene. This will help the company to More …

Scipio bioscience announces its seed funding

14. November 2017
Scipio bioscience, a Paris-based biotechnology company devoted to providing a novel sample preparation solution for single-cell studies in the form of benchtop kits, announces today the completion of its initial fundraising. A total of €1.2m has been obtained from two European seed funds: Paris, France-based Seventure Partners’ Quadrivium I seed fund and Bonn, Germany-based High-Tech Gründerfonds. These funds will fuel More …

Focus on Medical Device Regulation: BVMed, Earlybird, High-Tech Gründerfonds and BIOCOM publish “MedTech Radar 9”

13. November 2017
The EU Medical Device Regulation heralds a new era for the medical technology sector: in future, any company wishing to bring medical devices to market must face the requirements of this new regulatory framework. This implies a sizeable challenge for the many small and medium-sized enterprises in Germany. The 9th edition of the joint media service “MedTech Radar”, published by More …

Dresden Memory Start-up Ferroelectric Memory Company (FMC) Receives Seed Investment by HTGF

26. October 2017
Higher speed, extremely low power: The Ferroelectric Memory Company (FMC) brings a new semiconductor memory to market. The technology revolutionizes how people interact with applications ranging from smart watches to self-driving cars. FMC received a seed investment from HTGF to implement first memory IP products by 2018. FMC provides the 17B€ microcontroller industry a future-proof memory technology. For non-volatile storage, More …

Seed financing round for sensor startup Blickfeld paves the way for autonomous driving

24. October 2017
A so far missing piece of autonomous vehicles are cost-efficient laser-based 3D sensors, also known as LiDAR (Light Detection and Ranging). The Munich-based startup company Blickfeld develops such sensor systems and was now able to raise EUR 3.6 million in a seed financing round from Fluxunit – OSRAM Ventures, High-Tech Gründerfonds, Tengelmann Ventures, und Unternehmertum Venture Capital Partners. Autonomous systems, More …

Venture capital: RWE Generation invests in HTGF III

19. October 2017
RWE Generation SE has announced a strategic investment in High-Tech Gründerfonds’ third fund, HTGF III, which is launching with a planned volume of over EUR 300 million. High-Tech Gründerfonds (HTGF) is Germany’s most active seed stage investor. It provides financing for young, innovative technology-driven start-ups and actively supports them in implementing their business ideas. “Through this investment, we are seeking More …

High-Tech Gründerfonds (HTGF), MBG and Wayra invest EUR 800,000

12. October 2017
AI start-up 5Analytics receives follow-up financing 5Analytics, the start-up behind Telefónica Germany’s Analytical Insight Center (AIC), has secured a new round of financing from a prominent group of investors. The Stuttgart-based start-up plans to use the fresh capital to expand its team, develop its products and acquire new clients. In addition to Wayra, HTGF and MBG Mittelständische Beteiligungsgesellschaft Baden-Württemberg within More …