Press

High-Tech Gründerfonds and Zukunftsfonds Heilbronn invest in enymotion GmbH

September 12, 2008

Heilbronn-based start-up develops mobile fuel cell systems as self-sufficient power supply for recreational applications.

Enymotion’s fuel cell system allows spatiotemporally independent usage of electricity consumers. It uses the caloric equivalent of conventional fuel or liquid gas to provide the power. Equal-zero-emission of noise and exhaust permit the service in almost all areas of life, where other techniques are inadequate in compliance with requirements. This lightweight energy source will initially come into operation as a battery backup in motor homes, sailing boats and utility vehicles.

The automatic operation mode in recourse to available fuel provides a comfortable and unlimited usage of the fuel cell capacity. Enymotion’s first fuel cell system will work with a mixed operating fluid of propane and butane. Dr. Steffen Wieland and Dominic Schluessel, founders of enymotion, state: “The customer’s benefit rises by using existent fuel and infrastructure. The valuable support and partnership of High-Tech Gruenderfonds and Zukunftsfonds Heilbronn, enables enymotion to approach this fascinating market.”

René Apitz, High-Tech Gruenderfonds Consultant, has an analogue estimation: “The customer’s value is obvious and easy to explain. Enymotion convinced us particularly with regard to the dedicated team and the excellent preliminary work.” Guenther Steffen, CEO of Zukunftsfonds Heilbronn, adds: “We see an enormous potential of fuel cells in the long run, in particular with combustibles like lpg, petrol or diesel. Enymotion is perfectly positioned and meets an emerging and dynamic market.”

Enymotion GmbH
Dominic Schlüssel
Wannenäcker Strasse 71
74078 Heilbronn
Tel.: +49 7131 123 3890
Fax: +49 7131 123 3889
E-Mail: investors.relation@enymotion.com
www.enymotion.com

About High-Tech Gruenderfonds:
High-Tech Gründerfonds invests venture capital in young technology companies that transform promising scientific research into business enterprises. The seed financing of up to 500 T€ shall result in a technical prototype, a proof of concept or a proof of market. High-Tech Gründerfonds has access to a fund volume of around 272.0 million Euro. Investors in this public-private partnership include the Federal Ministry for Economy and Technology, the KfW Banking Group as well as the six industry companies BASF, Robert Bosch, Carl Zeiss, Daimler, Deutsche Telekom and Siemens.

High-Tech Gruenderfonds Management GmbH
Ludwig-Erhard-Allee 2
53175 Bonn
Tel: +49 228 – 965685-00
Fax: +49 228 – 965685-50
E-Mail: info@high-tech-gruenderfonds.de
www.high-tech-gruenderfonds.de

About Zukunftsfonds Heilbronn:
As a regional private equity group, Zukunftsfonds Heilbronn (ZFHN), accompanies the progression of start-ups all the way up from the invention to a successful and established company. ZFHN’s investment philosophy is easy: invest in a promising enterprise with great ideas, a high market potential and an excellent management team. The cooperation starts in an early stage from a seed investment over the start-up to the point of expansion, as long as it is reasonable for both parties. Assets under management in a double-digit million euro sum. Usually ZFHN invests as the lead investor or as the co-lead investor in a larger second round in a range of 0,5 to 5 million euro.

ZFHN Zukunftsfonds Heilbronn GmbH & Co.KG
Thomas R. Villinger MBA
Geschäftsfuehrer
Edisonstr. 19
74076 Heilbronn
Tel.: +49-7131-873183-0
Fax: +49-7131-873182-20
E-Mail: info@zf-hn.de
www.zf-hn.de

Stay up to date

Subscribe now and receive the latest press releases on investments and other news from High-Tech Gründerfonds. We inform you about important developments at HTGF and provide you with interesting news from our portfolio. Whether it’s a successful exit, a new exciting investment or HR news – you’ll be the first to know!

More Press posts

Press
23. April 2024

Cultimate Foods raises 2.3 million EUR seed funding from leading Biotech and Foodtech investors to revolutionize the alternative meat industry

BERLIN, April 23, 2024 – Cultimate Foods, a biotech startup based in Berlin’s Biocube and Hannover (Institut für Technische Chemie, Leibniz Universität Hannover), successfully closes its seed round to scale up production processes, expand commercial collaborations and operation. The 2.3 million EUR round was led by High-Tech Gründerfonds (HTGF), one of Europe’s leading seed investors. HTGF was joined by the Life Science ValleyWachstumsfonds, b.value AG and Kale United. Le
 
Press
19. April 2024

Successful Exit for HTGF: DocuWare Announces Acquisition of natif.ai 

With AI at the forefront of DocuWare’s product strategy, natif.ai’s technology further increases the competitive edge of the DocuWare platform. High-Tech Gründerfonds (HTGF) led the pre-seed round in 2020 as the first institutional investor of natif.ai and has actively supported the start-up on its path to becoming a leading provider in the field of intelligent document processing. Christian Arndt, Senior Investment Manager at HTGF: “The team of natif.ai has shown a great perfo
 
Press
11. April 2024

Scavenger AI secures €1.1m pre-seed funding for data-driven decision making 

The AI start-up helps companies to use their data to make the best possible decision under any circumstances.  Scavenger AI receives € 1.1 million from High-Tech Gründerfonds (HTGF), Calm/Storm Ventures, Femventix and the B4i Investment Fund.  The new capital will be used to launch the first version of the software on the market and serve customers on the waiting list.   Frankfurt, 8 April 2024 – The German data analytics & AI start-up