HTGF News
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Our press pages provide up-to-date information on important developments at the High-Tech Gründerfonds and in the HTGF family. This also includes news from our portfolio companies.
We are convinced that a strong start-up ecosystem is important for Germany as a business centre. As one of the leading seed investors in Europe, with around 1.4 billion euros under management, we are an important part of this ecosystem. We want to strengthen it, which also involves providing information about our work. We are the media’s go-to contact for all matters relating to start-ups, venture capital and, of course, our portfolio companies. Please get in touch with us.
Press
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
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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
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
Press
Proxima Fusion Raises €20M Seed to Accelerate Timeline to Fusion Power
Less than one year from its €7.5M pre-seed round, the first Max Planck fusion spin-out has delivered on its vision of simulation-enabled stellarator design.
New funding supports expansion of the world-class team in Munich and its public-private partnerships in Europe to build on existing momentum.
Proxima Fusion directly builds on €1.3B of public investment in the ground-breaking W7-X experiment in Germany.
Munich, Germany, April 10, 2024 – Proxima Fusion, the first spi
Press
Change in the management of High-Tech Gründerfonds
Bonn, Germany, 9 April 2024 – Guido Schlitzer, responsible for finance, controlling, IT, ESG and fund administration on the management board of High-Tech Gründerfonds (HTGF), will leave the seed investor at his own request on 31 December 2024 to pursue new professional challenges.
Guido Schlitzer, whom we greatly value both professionally and personally, has provided significant impetus for both HTGF and the start-up ecosystem in Germany over the course of his long career. We very
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Successful Exit for HTGF: CData Software Acquires Data Virtuality
CData’s acquisition of Data Virtuality marks a new era for the company by providing customers with powerful, centralized data integration platforms that solve for the most pervasive data management challenges today.
High-Tech Gründerfonds (HTGF) led the seed round in 2012 as one of the first institutional investors together with Technologiegründerfonds Sachsen (TGFS) and supported the successful development of Data Virtuality.
Axel Nitsch, Principal at HTGF: R
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Successful exit for HTGF: Novo Nordisk to acquire Cardior Pharmaceuticals
Novo Nordisk will acquire Cardior for up to 1.025 billion Euros in upfront and potential milestone payments.
Cardior is a leader in the discovery and development of therapies that target RNA as a means to prevent, repair and reverse diseases of the heart.
High-Tech Gründerfonds (HTGF), one of Europe’s leading seed investors, participated in the first financing round in 2017.
Bonn, Germany, 25 March 2024 – Novo Nordisk and Cardior Pharmaceuticals today announced that N
Press
Growth push for CI HUB GmbH, Catalyzing Innovation in Content Integration Solutions
Potsdam, 25.03.2024 – Scale Capital, a Danish early stage technology investor with a focus on helping companies accelerate growth in the US market, has announced its investment in CI HUB GmbH, a leading provider of content integration solutions. This significant seven-figure amount from new and existing investors marks a milestone in CI HUB’s journey towards revolutionizing the way corporates and creatives access digital assets and data.
CI HUB specializes in developing innovative
Press
graswald.ai raises $3.3M seed round to scale the way brands create 3D content with AI
The Hannover-based start-up has secured seed funding to build Canva for 3D, leveraging generative AI to transform 3D creative processes for 3D product visualisation.
Hannover, 20 March 2024 – graswald.ai announced the close of a $3.3 million seed round led by existing investor Lakestar as well as Supernode Global with continued support from existing investor HTGF and further participation from Spatial Computing expert FOV Ventures, Robin Capital, Angel Invest Ventures and Notion Sc