The High-Tech Gründerfonds and Bayern Kapital take over shares of H.C. Carbon
September 21, 2009
With graphite based additives to substitute metals – this material innovation powers the H.C. Carbon Company located in Nuremberg.
H.C. stands for High Competence in carbon, the base material of the additives. By refining and adding of the additives the enterprise makes plastics and plastic coatings more stable, gives them a substantially higher electrical and thermal conductivity and isolation ability and improves mechanical properties as well as the flowing behaviour, viscosity and wear ratio. Therefore metallic parts of vehicles can be replaced by plastic parts which leads to weight reduction and consequently to lower fuel consumption and with it to energy conservation.
These properties make the light, favourable and long-lasting plastic even more attractive as substitute for metals. The application of the additives is a major contribution to the substitution of metals by plastics pursued systematically today.
Beside the plastic industry the innovative additives of H.C. Carbon are also employed as additives in formulations in other attractive markets like the paint and lacquer industry and coating industry. The additives are also used for the production of lubricants and batteries.
The High-Tech Gründerfonds jointly with Bayern Kapital invested in total 600,000 € in H.C. Carbon.
The Netzwerk Nordbayern supported H.C.Carbon in the participation process and will continue to act as advisory coach in future.
„ We are glad that we could persuade so famous investors of the uniqueness of our commercial idea. Now with the preserved capital we can take the necessary measures to transfer the commercial idea into a successful business “. states Werner Handl, one of the founders of the H.C. Carbon.
„ The wide range of products of H.C. Carbon in connection with the experienced team has convinced the first customers as well as us as investors immediately. The team has succeeded in short time in winning already a high number of famous industrial customers for product evaluation. “says Kay Balster, investment manager of the High-Tech Gründerfonds Management GmbH.
„ By this financing it is possible to investigate the potential of the new developments even broader and closer to application. A big part of the capital will be invested in the extension of the product development area – we accompany this with pleasure! “added Rosi Keimerl, senior investment manager of the Bayern Kapital GmbH.
Developing in a few years to the leading supplier of new plastic and coating additives and to become the preferential contact for the optimisation of tailor made products is the goal of H.C. Carbon.
About High-Tech Gründerfonds:
The High-Tech Gründerfonds invests venture capital in young, up-and-coming technology companies, which implement promising research results in the industry. The start-up companies are planned to lead their R&D projects to the production of a prototype or a “proof of concepts” or market launch by means of the seed financing of up to 500k EUR. The High-Tech Gründerfonds has a fund volume of around 272m EUR. Investors of the public-private partnership are the Federal Ministry for Economics and Technology, the KfW bank group as well as the six industrial groups BASF, Deutsche Telekom, Siemens, Robert Bosch, Daimler and Carl Zeiss.
High-Tech Gründerfonds Management GmbH
Kay G. Balster
Ludwig-Erhard-Allee 253175 Bonn
Phone: +49 228 / 965685-00
Fax: +49 228 / 965685-50
About Seedfonds Bayern (SFB) from Bayern Kapital:
Seedfonds Bayern exists since 2003 and has a volume of 22 Mio. Euro to invest venture capital in young and innovative Bavarian technology-companies with high prospects that are transferring promising research results to business enterprises.The fund is managed by Bayern Kapital GmbH. Bayern Kapital GmbH is a Bavarian venture capital company and was founded as part of the “Bavarian Future Initiative” as a wholly-owned subsidiary of the LfA Foerderbank Bayern (Bavaria‘s development bank) at the end of 1995. Bayern Kapital and its funds have invested about 142 Mio. Euro in more than 180 companies and currently manages funds to the value of 190 Mio. Euro.