HTGF portfolio company FMC raises €100 million to set new standards for memory chips 

Semiconductor pioneer FMC has closed one of the largest capital rounds in the European semiconductor sector: A total of around €100 million will flow into the commercialization of its highly innovative memory chip technology. The oversubscribed Series C round comprises €77 million in equity capital, led by HV Capital and the DeepTech & Climate Fund (DTCF), as well as €23 million in public funds. 

HTGF recognized FMC’s potential very early on and became the first institutional investor during the seed phase in 2017, strengthening its commitment in the Series A round in 2018 with the fund’s then-largest single ticket. Since then, HTGF has closely supported the company. FMC demonstrates how deep-tech innovations from Germany can reach international markets and strengthen Europe’s technological sovereignty. 

With the fresh capital, FMC will accelerate the commercialization of its DRAM+ and 3D-CACHE+ memory chips and expand its global activities. AI data centers are expected to consume enormous amounts of energy in the future – FMC’s chips can significantly reduce this consumption by optimizing data transfer and increasing compute efficiency. System efficiency and processing speed for energy-intensive AI applications could improve by more than 100%. FMC’s memory chips have the chance to become the new industry standard in the €100+ billion memory chip market. 

Memory chips have become a strategically crucial technology that is currently being dominated exclusively by South Korea, the U.S., and Taiwan, with China rapidly catching up. So far, Europe has not had a significant presence in this critical semiconductor segment. With FMC, a credible player is now emerging in Silicon Saxony with the ambition to close this strategic gap from within Europe. 

Thomas Rückes, CEO of FMC: 
“We are working on the next generation of memory chips and system solutions that are not only more sustainable and energy efficient, but also faster and less expensive than the current industry standard. While bandwidth has so far been the dominant metric of AI compute, energy efficiency is now becoming the key factor for the next generation of AI. Memory chips are the main bottleneck in the AI stack. FMC’s DRAM+ and 3D CACHE+ technology addresses precisely this issue: Faster and more energy efficient than established products. Securing an equity financing of this magnitude emphasizes the significance of our technology, and we are grateful to have earned the trust of leading deep-tech investors for our vision.” 

Yann Fiebig, Partner at HTGF: 
“We are delighted that FMC has secured the resources to bring its highly innovative memory chip technology to global markets. As a seed investor, we have closely supported the company since 2017. FMC shows how German research can give rise to a global tech champion – a pioneering example of deep-tech innovation that strengthens technological sovereignty in Germany and Europe.” 

Romy Schnelle, Managing Director at HTGF: 
“Our mission is clear: Identify future industries early, finance the best technologies, and secure value creation for Germany and Europe. FMC is an excellent example of how deep-tech innovations from Germany can reach global markets. Memory chips are a key technology for the AI era – developing them in Europe is crucial to securing technological sovereignty. This requires strong networks, globally minded collaborations, and the mobilization of private capital through the leverage of public funding.” 

About FMC 
FMC is a leading semiconductor and memory chip company based in Dresden, founded in 2016 to develop a revolutionary memory chip technology. Based on the thin-film material hafnium oxide, the company has created a new class of memory cells with its DRAM+ chip – more sustainable, faster, and cost-efficient. Thanks to its extremely low power consumption, the technology significantly reduces the energy demand of AI data centers, laying the foundation for their scale-up in Europe and worldwide. FMC is now a fabless company, meaning it designs, develops, and markets its own products while outsourcing production to contract manufacturers (chip foundries). FMC is backed by investors including HV Capital, the DeepTech & Climate Fund (DTCF), Vsquared Ventures, eCAPITAL, Bosch Ventures, Air Liquide Venture Capital, M Ventures (Merck), Verve Ventures, High-Tech Gründerfonds (HTGF), Korean memory chip company SK hynix, semiconductor equipment manufacturer TEL, and other international investors. The company is led by CEO Thomas Rückes.  
For more information, visit ferroelectric-memory.com. 

Media contact FMC 
Torben Gosau, Kekst CNC 
torben.gosau@kekstcnc.com 

About HTGF – High-Tech Gründerfonds  
HTGF is one of the leading and most active early-stage investors in Germany and Europe, financing startups in the fields of Deep Tech, Industrial Tech, Climate Tech, Digital Tech, Life Sciences and Chemistry. With its experienced investment team, HTGF supports startups in all phases of their development into international market leaders. HTGF invests in pre-seed and seed phases and can participate significantly in later-stage financing rounds. Since its inception in 2005, HTGF has financed around 800 startups and achieved 200 successful exits. HTGF has a fund volume of over 2 billion euros.  
Fund investors in the public-private partnership include the Federal Ministry for Economic Affairs and Energy, KfW Capital as well as 45 companies and family offices.   
For more information, please visit HTGF.de or follow us on LinkedIn.    

Media contact  
High-Tech Gründerfonds Management GmbH  
Tobias Jacob, Senior Marketing & Communications Manager   
T.: +49 228 – 82300 – 121  
t.jacob@htgf.de    

dotega receives million-euro financing for the expansion of its PropTech platform for homeowners’ self-administration of shared properties

Stuttgart-based PropTech start-up dotega raises €1.3 million in fresh capital: Together with HTGF, one of the leading and most active early-stage investors in Germany and Europe, and experienced PropTech investors, including the founders of casavi, the Stuttgart-based start-up is continuing to drive forward the digital transformation of self-administration of appartment owners’ associations in Germany (Wohnungseigentümergemeinschaft or WEG for short).

With the completion of the pre-seed financing round, dotega has received a boost for the further expansion of its PropTech platform for the smart self-management of homeowners’ associations.

“This financing is a strong signal for us – it confirms once again that we are solving a real market problem and have gained the trust of leading investors,” says Niklas Mocker, co-founder and managing director of dotega. “With the support of HTGF and experienced PropTech investors, we can accelerate our growth in a targeted manner, scale our product and establish self-management as a real alternative to traditional property management.”

Together with co-founder Lina Albert, Mocker is consistently driving forward the Germany-wide expansion and technological development of the platform – always with the aim of maximizing the automation of processes in WEG management and significantly reducing the administrative burden. “WEGs should have access to first-class management – at minimal monthly cost,” emphasizes Lina Albert, co-founder of dotega.

dotega is rethinking WEG management: digital, independent, legally compliant

Property managers refuse, owners despair—small appartment associations are left to fend for themselves. WEGs with 2 to 20 units are particularly affected. dotega achieves what the market refuses to do: a digital solution for self-management with backup. The intuitive web app gives owners access to all key functions: from automated annual statements and legally compliant draft resolutions to transparent business plans and digital owners’ meetings.

The focus is on three principles: legal certainty, user-friendliness, and independence from traditional property management companies.

Around 10 million residential and commercial units in Germany are organized in WEGs – a huge market that has hardly been tapped digitally to date. This is exactly where dotega comes in: as the first scalable platform for the complete and legally compliant self-management of small owner associations.

The solution takes care of all central commercial and technical administrative tasks – from billing to meetings – and expands these to include technical support for renovation, value preservation, and energy efficiency measures.

Max Bergmann, Investment Manager at HTGF, comments: “dotega addresses a key challenge in the real estate sector: small WEGs urgently need efficient and affordable digital solutions. We got to know the ambitious team early on and are convinced by the combination of their technological approach, strong implementation skills, and deep market understanding. This enables dotega to drive forward the transformation in this previously largely undigitized field and create real added value. We are delighted to be joining the team as lead investor on this journey.” 

About dotega
dotega is the first provider of fully digitalized self-management for apartment owners’ associations. The PropTech company, based in Stuttgart, enables apartment owners’ associations to organize their administration independently, legally compliant, and efficiently—without a traditional administrator. With this approach, dotega aims to provide small and medium-sized appartment owners’ associations with up to 20 units—which today can hardly find a professional property manager—with access to a transparent and legally compliant administration solution. The platform is seen as a response to structural market failure in the property management industry and offers a digital, future-oriented alternative to traditional property management. 

For more information about dotega and the founding team, visit www.dotega.de.

Media contact
Niklas Mocker, CEO & Founder
presse@dotega.de
https://www.dotega.de/presse/

About HTGF – High-Tech Gründerfonds
HTGF is one of the leading and most active early-stage investors in Germany and Europe, financing startups in the fields of Deep Tech, Industrial Tech, Climate Tech, Digital Tech, Life Sciences and Chemistry. With its experienced investment team, HTGF supports startups in all phases of their development into international market leaders. HTGF invests in pre-seed and seed phases and can participate significantly in later-stage financing rounds. Since its inception in 2005, HTGF has financed around 800 startups and achieved 200 successful exits. HTGF has a fund volume of over 2 billion euros. Fund investors in the public-private partnership include the Federal Ministry for Economic Affairs and Energy, KfW Capital as well as 45 companies and family offices. For more information, please visit HTGF.de or follow us on LinkedIn.

Media contact
High-Tech Gründerfonds Management GmbH 
Tobias Jacob, Senior Marketing & Communications Manager  
T.: +49 228 – 82300 – 121 
t.jacob@htgf.de    

The Next Battery Moment: BTRY Raises $5.7 Million to Industrialize Ultra-Thin Solid-State Cells

Swiss battery start-up BTRY AG has raised $5.7 million in an oversubscribed seed round. The funds will accelerate the industrialization of its ultra-thin solid-state batteries – a new category of energy storage combining fast charging, extreme temperature stability, and intrinsic safety in one of the world’s thinnest formats. They power next-generation devices such as connected labels, wireless sensors, and wearables — applications where conventional batteries could not fit or endure.

The round was led by Redstone VC, a European deep-tech venture capital firm, with participation from Bloomhaus Ventures, Linear Capital, Kickfund, Kick Foundation, and the CustomCells founders Leopold König and Torge Thönnessen as new investors. Existing investors HTGF (High-Tech Gründerfonds) and Zürcher Kantonalbank (ZKB) renewed their commitment, reinforcing confidence in BTRY’s technology and market potential.

BTRY will use the funds to scale production to industrial roll-to-roll manufacturing, transforming its thin-film batteries into market-ready products. The company is now focusing on establishing its production set-up, advancing industrial processes, and securing offtake agreements for integration in next-generation devices.

“The oversubscribed round confirms strong investor confidence from experienced deep-tech and industrial backers. Working closely with this international consortium will enable us to transform world-class research into a scalable product,” said Dr. Moritz Futscher, CEO and Co-Founder of BTRY AG.

From Lab to Line: Solid State Redefines Li-Ion Battery Performance

BTRY’s thin-film solid-state batteries combine ultra-fast charging, temperature resilience, and non-flammable safety, outperforming today’s lithium-ion cells. By applying solid-state technology from semiconductor production to battery manufacturing, BTRY represents a leap in the global trend toward thinner, safer, and longer-lasting batteries that enable more reliable, compact, and connected devices.

“Potential customers are ready with their next-generation solutions, like active badges in logistics. What they need is a small, powerful, and safe battery – exactly what BTRY offers. We believe the company has not only the potential but the proof to set a new standard for high-performance energy storage and are excited to support its journey toward industrial scale,” said Mohamed Foulser, Investment Director at Redstone VC.

They operate safely at temperatures up to 150 °C, where conventional cells fail, swell, or catch fire. Starting at just 0.1 mm thickness, they charge within one minute, directly powering wireless transmissions without additional capacitors.

“BTRY is a perfect example of Swiss deep-tech at its best – science-driven, bold, and globally relevant. The founding team combines deep scientific expertise with entrepreneurial grit. Their combination of material innovation and industrial scalability makes them a frontrunner in Europe’s next generation of battery companies,” said Pascal Stürchler, CEO at Bloomhaus Ventures.

“In just two years, BTRY has moved from prototypes to repeatable production and clear customer use cases. The combination of deep materials science and manufacturing excellence is truly rare. We’re proud to have backed this exceptional team from the very beginning and are excited to continue supporting them as their scientific breakthroughs translate into real industrial impact and scale,” adds Timo Bertsch, Investment Manager at HTGF.

The Next Battery Moment: Small, Sustainable, and Strategic

Unlike large-scale energy storage for electric vehicles and grids, BTRY powers next-generation solutions such as smart connected labels, high-temperature industrial sensors, and light consumer electronics. For these high-value applications, miniaturization and longevity of the power supply matter most.

BTRY’s manufacturing approach also achieves high sustainability standards with its solvent-free production and low material waste. Backed by an international group of investors uniting deep-tech expertise and industrialization know-how, BTRY is driving the next Battery Moment: scalable, high-end energy storage developed in Switzerland and built for global impact.

“Asia has been leading the way in battery manufacturing for decades, but innovations like BTRY’s show that Europe can compete through advanced materials and precision processes. We see strong potential for collaboration between Asian manufacturing expertise and BTRY’s pioneering solid-state technology,” said Tianyi Zhou, Principal at Linear Capital.

About BTRY
BTRY AG is a deep-tech spin-off from Empa and ETH Zurich developing ultra-thin solid-state lithium-ion batteries that operate safely at high temperatures, enable ultra-fast charging, and feature an exceptionally thin form factor for next-generation devices. Founded in 2023, the company has grown into a 14-person team combining deep battery expertise, industrial scale-up experience, and strong business acumen.

BTRY’s mission is to electrify applications previously limited by the battery such as active logistics tags, high-temperature industrial sensors, MedTech applications, and light consumer electronics.

Follow us: https://www.linkedin.com/company/btry-ag

Contact
Moritz Futscher
moritz@btry.ch

About HTGF – High-Tech Gründerfonds
HTGF is one of the leading and most active early-stage investors in Germany and Europe, financing startups in the fields of Deep Tech, Industrial Tech, Climate Tech, Digital Tech, Life Sciences and Chemistry. With its experienced investment team, HTGF supports startups in all phases of their development into international market leaders. HTGF invests in the pre-seed and seed phase and can participate significantly in further financing rounds, since 2024 with the HTGF Opportunity growth fund. HTGF has a fund volume of over 2 billion euros. Since its inception in 2005, HTGF has financed around 800 startups and successfully sold shares in 200 companies.
The Federal Ministry for Economic Affairs and Energy, KfW Capital and numerous companies are invested in the HTGF seed funds. Investors in the HTGF Opportunity growth fund include the ERP Special Fund and KfW with the resources of the Zukunftsfonds (“Future Fund”). Further information can be found at HTGF.de or on LinkedIn and on the Zukunftsfonds page. 

Media contact 
High-Tech Gründerfonds Management GmbH 
Tobias Jacob, Senior Marketing & Communications Manager  
T.: +49 228 – 82300 – 121 
t.jacob@htgf.de    

Reflex Aerospace Secures Record €50 Million Series A to Advance Europe’s Sovereign Space Capabilities

The largest Series A in European New Space will accelerate the development and deployment of ISR (Intelligence, Surveillance, Reconnaissance) and communications satellites, closing critical gaps in Europe’s strategic autonomy.

Reflex Aerospace, a German manufacturer of high-performance satellite platforms, today announced the successful closing of its €50 million Series A funding round. The funding round is the largest Series A in the European New Space sector to date.

The funding, led by Human Element together with Alpine Space Ventures, Bayern Kapital, HTGF, Renovatio Financial Investments, as well as additional German and European investors, will accelerate the development, production, and deployment of sovereign satellite constellations providing Optical, Synthetic Aperture Radar (SAR), Space Domain Awareness (SDA), and Signal Intelligence (SIGINT) capabilities. Part of the financing round will be used to expand existing manufacturing capacity in Bavaria to manufacture satellite constellations for intelligence and communications purposes. Reflex Aerospace aims to have all capabilities ready for deployment and demonstrated in orbit by 2027.

“Europe cannot afford to remain reliant on external actors for space-based intelligence,” said Walter Ballheimer, CEO of Reflex Aerospace. “We will invest our own capital, we will work with the best partners in their respective domains, and we will act now because in the current environment, there is no time to waste.”

From NATO and the EU to the German government, recent announcements across multiple political levels underline the strategic imperative driving Reflex Aerospace’s mission. As the EU plans to launch its European Space Shield Initiative in 2026, the German Federal Ministry of Defence (Bundesministerium der Verteidigung) announced in September that Germany will invest roughly €35 billion (approximately US $41 billion) in space-related defence projects through 2030. In his address, German Defence Minister Boris Pistorius emphasized that satellite networks are an “Achilles heel of modern societies.”

Against this backdrop, Europe faces an urgent need for independent access to space-based intelligence. Global instability has exposed the risks of reliance on external providers for critical geospatial data. Reflex Aerospace aims to close these gaps by dramatically improving lead times, resilience, and sovereignty of Europe’s intelligence, surveillance, and reconnaissance (ISR) infrastructure.

“While Europe is rebuilding its sovereign defense capabilities, Reflex is transforming how satellites are built, designing payload-centric buses that can be rapidly manufactured without costly megafactories,” said Christian Sullivan, Managing Partner of Human Element. “Their approach delivers the flexibility and speed needed to meet the growing ISR demand across Germany and allied markets.”

Reflex Aerospace’s first remote sensing satellite reached orbit in January 2025. Upcoming satellites will be designed and built using Reflex’s next-generation Praetora platform architecture developed specifically for critical ISR missions. The company is modernizing spacecraft manufacturing for faster design, production and deployment with a strong focus on maintaining sovereign control over supply chain, manufacturing and command operations in Europe.

Christian Ziach, Principal at HTGF, said: “Reflex is addressing exactly the capabilities Europe needs now—rapidly scalable, mission-critical satellite platforms. Against this backdrop, the largest Series A round in the European New Space sector is a strong signal for scaling up. We are proud to have supported Reflex since the seed phase.”

About Reflex Aerospace
Reflex Aerospace is a manufacturer of high-performance, payload-specific platforms for commercial and defense applications. Based in Berlin and Munich, the company specializes in applying modern manufacturing techniques to reduce lead times and improve performance for critically important space infrastructure. Reflex Aerospace is committed to enhancing Europe’s strategic autonomy through innovation, speed, and sovereign capability development.

More information can be found at www.reflexaerospace.com

Sam Bender
Reflex Aerospace
Head of Marketing & Communications
Email: press@reflexaerospace.com

Scavenger AI Secures €2.5M to Let Every Employee Talk to Their Company Data 

• €2.5 million seed funding led by BMH, with participation from HTGF, Calm/Storm Ventures, xdeck, and a public innovation grant 
• The Frankfurt startup builds a tool that lets any employee query quantitative company data instantly no coding or analytics skills required 
• Built specifically for Europe’s SMEs with GDPR certification, data transparency, and customizable AI models tailored  to each business 

SMEs don’t need more tools, they need answers. Scavenger AI delivers them by closing the 70% business intelligence (BI) gap with a natural-language platform that makes data speak human. Across Europe, small and mid-sized companies sit on mountains of untapped data, but insights remain locked behind technical barriers and missing data talent. Scavenger AI has raised €2.5 million in seed funding to make company data as easy to access as asking a question.  

The round was led by BMH Beteiligungs-Managementgesellschaft Hessen mbH (BMH), with participation from xdeck, a public innovation fund, and existing Investors High-Tech Gründerfonds (HTGF) and  Calm/Storm Ventures. The company will use the funds to address a €2.45 billion European market opportunity, accelerate product development, expand across Europe, and make enterprise-grade analytics accessible to every SME. 

Making Enterprise Data as Simple as Asking a Question 

Founded by Felix Beissel and Maximilian Hahnenkamp (Forbes 30 Under 30), Scavenger addresses the biggest pain point of many companies: the gap between data availability and data usability. Many businesses rely on multiple systems (ERP, CRM, SQL databases) to store their information, but accessing this data requires technical skills or long waits from IT teams. Scavenger AI turns every employee into a data analyst. Across finance, operations, and sales, it’s replacing spreadsheets and dashboards with one simple interface. Teams no longer dig through systems or wait for reports; they just ask, “How are cost centers trending?” or “Which projects are off budget and why?” Scavenger answers in seconds, with full transparency. 

“Our goal is simple: any employee should be able to make smart, data-driven decisions without needing to write a single line of code,” says co-founder Maximilian Hahnenkamp. “We are the European counter-model to the U.S. tech companies. Europe’s SMEs deserve AI that’s secure, explainable, and built around their needs, not a black box,” adds co-founder Felix Beissel. 

Built for Europe’s Backbone: SMEs 

Scavenger already fuels data intelligence at leading companies, including Telekom, Mann & Schröder and Wangen Pumpen. Built in Europe for European businesses, Scavenger stands apart from U.S. BI tools. Designed for the 98% of SMEs in the DACH region, it combines enterprise-grade analytics with GDPR compliance, delivering a type of business intelligence that has never existed in the European SME market before. 

“With Scavenger AI, we are investing in a founding team with a strong understanding of the challenges faced by medium-sized companies. The solution enables the efficient use and protection of data, increases productivity and competitiveness, and thus plays a key role in the digital transformation of these companies, with clear scaling potential,” says Sebastian Schnell, Senior Investment Manager at BMH.

“Scavenger.ai sets a new standard for data-driven decision-making in industry, by taking the speed and reliability of data analysis to an entirely new level. As the lead investor in the previous funding round, we were convinced early on that Scavenger.ai could create substantial economic and social value for SMEs. We are excited to continue backing the team on this growth path,” says, Max Bergmann, Investment Manager at HTGF.

About Scavenger AI 
Scavenger AI is a Frankfurt-based software company pioneering AI-powered business intelligence for Europe’s mid-market. Its proprietary semantic layer translates complex company data into precise, reproducible analyses through natural language queries, enabling decision-making without dashboards or code. Hosted entirely in Europe and fully GDPR-compliant, Scavenger AI serves leading mid-sized companies across Sales, Controlling, and Production.    

Website: www.scavenger-ai.com 
Software: app.scavenger-ai.com 

About BMH 
BMH Beteiligungs-Managementgesellschaft Hessen mbH is a medium-sized investment and venture capital company based in Wiesbaden. Founded in 2001, it is a wholly owned subsidiary of Landesbank Hessen-Thüringen Girozentrale (Helaba). Since its inception, BMH has invested in over 500 companies. The company’s investment focus includes the software/analytics, fintech/insuretech, life sciences, deep tech, IoT/industrial tech and cleantech sectors.  

Website: www.bmh-hessen.de 

AI-Powered Booking CRM from Germany: Zeeg Secures €1.1M Pre-Seed Funding

• Zeeg raises €1.1 million in Pre-Seed funding from High-Tech Gründerfonds (HTGF) and Backbone Ventures to advance its Booking CRM platform
• European data sovereignty meets AI: The platform combines appointment booking with CRM functionality – built in Berlin, hosted on German servers
• AI-powered lead qualification in development: Zeeg is building intelligent assistants for pre-sales that improve lead quality, shorten sales cycles, and reduce customer acquisition costs

Berlin-based SaaS startup Zeeg has successfully closed its €1.1 million Pre-Seed funding round. Lead investor HTGF, together with Backbone Ventures, backed the company founded in 2023. The funding will accelerate development of Zeeg’s AI-powered booking CRM platform – a European solution with a clear focus on data sovereignty and seamless sales processes.

Digital Sovereignty Starts with Business Tools

The data sovereignty debate has reached German businesses: According to a recent BARC study, more than half are reconsidering their cloud strategy, driven by new regulations, geopolitical developments, and cybersecurity concerns. While hyperscalers still hold a significant innovation advantage in infrastructure, the picture looks different for business software: here, European providers can compete on technology.

Zeeg delivers exactly that: The platform combines appointment booking and CRM functionality in one tool. Every booked appointment automatically creates a complete CRM entry, including all contact data, company information, and interaction history. The solution is developed in Berlin and hosted on German servers, with no transfer to third countries.

AI-Powered Lead Qualification: More Deals from the Same Appointments

With the fresh capital, Zeeg is developing AI-based assistants for the pre-sales process. These AI agents qualify incoming leads at the point of booking, shorten time to close, and simultaneously reduce cost per acquired customer. The goal: sales teams should generate more deals from the same appointments through intelligent automation working in the background.

“European companies need solutions that take their technological and regulatory requirements seriously,” explains Mohammad Moghaddas, co-founder of Zeeg. “Our vision is a booking CRM that not only runs on German servers but also creates real value through AI.”

“We initially bootstrapped Zeeg completely and learned what matters: companies don’t want tool silos, they want seamless processes,” adds Florian Horbach, co-founder of Zeeg. “With this funding, we can now enter our next growth phase and realize our vision.”

The Berlin startup has already won major customers like Enpal, who coordinate hundreds of heat pump installations daily. Patricia Broilo, Director Venture Development at Enpal, says: “Our workflows between pre-sales and sales are complex, and different systems need to be integrated. What convinced us is that Zeeg builds solutions together with us and responds individually to our needs. The team understands how we work and implements changes directly. We really value this partnership approach.”

“Zeeg combines scheduling, CRM, and AI in a European, sovereign solution that can be deeply integrated into various workflows. The high relevance across all industries and within numerous teams demonstrates the enormous market potential – delivered by an excellent team,” says Björn Sykora, Principal at HTGF.

“Florian and Mohammad have an exceptional sense for what customers really need – their bootstrap phase already showed that. With Zeeg, they’re not just building a product, but a European alternative with a clear competitive advantage: data sovereignty without feature compromises,” adds Philippe Bernet, Managing Partner at Backbone Ventures.

About Zeeg
Zeeg is a booking CRM platform from Berlin that seamlessly combines appointment scheduling and customer management. Founded in 2023 by Mohammad Moghaddas and Florian Horbach, the software enables companies to automatically create a complete CRM entry from every booked appointment, without manual data maintenance, switching tools, or data protection compromises. All data is stored exclusively on German servers. More information at www.zeeg.me or on LinkedIn.

Media Contact
Florian Horbach
media@zeeg.me

About HTGF – High-Tech Gründerfonds
HTGF is one of the leading and most active early-stage investors in Germany and Europe, financing startups in the fields of Deep Tech, Industrial Tech, Climate Tech, Digital Tech, Life Sciences and Chemistry. With its experienced investment team, HTGF supports startups in all phases of their development into international market leaders. HTGF invests in pre-seed and seed phases and can participate significantly in later-stage financing rounds. Since its inception in 2005, HTGF has financed around 800 startups and achieved 200 successful exits. HTGF has a fund volume of over 2 billion euros. Fund investors in the public-private partnership include the Federal Ministry for Economic Affairs and Energy, KfW Capital as well as 45 companies and family offices. For more information, please visit HTGF.de or follow us on LinkedIn.

About Backbone Ventures
Backbone Ventures is an early-stage investor with offices in Zurich and Frankfurt. The firm supports ambitious founders across Europe who are building transformative companies across industries. With a strong founder-first philosophy, Backbone Ventures provides capital and strategic support to enable scalable, long-term growth. More information at Backbone.vc or on LinkedIn.

smartbax announces a €4.7 M Pre-Series A round to advance novel antibiotic compound through preclinical stage

• Lead antibacterial compound against a novel target in Gram-negative bacteria validated in infection models
• Progressing a platform of small-molecule enzymatic activators that induce self-digestion of bacteria as novel mode of action against multi-drug resistant Gram-negative and Gram-positive bacteria
• Funding round led by Anobis Asset and Bayern Kapital; second closing remains open

smartbax, a biotech company developing next-generation antibiotics against multi-drug resistant bacteria, today announced the successful first closing of its €4.7 M Pre-Series A financing round. The round was led by new investors Anobis Asset and Bayern Kapital, with participation from UnternehmerTUM Funding for Innovators as well as existing investors HTGF – High-Tech Gründerfonds and Boehringer Ingelheim Venture Fund (BIVF). A second closing of the round remains open to investors.

smartbax will use the funds to progress its proprietary pipeline of small-molecule antibiotics designed to overcome bacterial resistance with innovative approaches and novel mechanisms of action. The lead candidate is an inhibitor that blocks a previously unexplored step in the synthesis of lipopolysaccharides (LPS), key structural components of the outer membrane in Gram-negative bacteria. This new inhibitor has already demonstrated in vivo proof of concept, including activity against multi-drug resistant strains, shows potential as an orally available drug, and will now be advanced through preclinical development.

In parallel, smartbax is advancing its platform of small-molecule activators of bacterial hydrolases. Rather than inhibiting bacterial functions like traditional antibiotics, these compounds stimulate hydrolase activity, causing bacteria to digest themselves from within. This innovative mode of action has not been exploited in commercial antibiotics to date and offers a promising strategy to overcome established resistance mechanisms. smartbax has identified two activator classes, effective against different targets in Gram-positive and Gram-negative bacteria, both of which display encouraging drug-like properties, are able to eliminate biofilms and show no development of resistance. The company will further develop these candidates toward lead selection and in vivo proof of concept using the current funds.

“Small-molecule antibiotics remain one of the most effective tools in combating the rapidly growing threat of antimicrobial resistance. smartbax is currently the only German biotech dedicated exclusively to developing these crucial tools, and we are proud to advance complementary approaches with both a classical inhibitor against a novel target and enzyme activators with a truly novel mode of action in the antibiotic realm,” said Dr. Robert Macsics, CEO of smartbax. “Our programs focus on WHO priority pathogens and aim to provide new treatment options for critically ill patients who currently have limited alternatives. We are delighted to have assembled such a strong consortium of investors who share our commitment to addressing this urgent public health threat.”

Martin Falk, managing director at Anobis Asset, said: “Antibiotic resistance is one of the most urgent medical challenges of our time, and there is a clear need for new therapeutic approaches. In Germany alone, nearly 10,000 people die each year as a direct consequence of infections with multi-drug resistant bacteria; many more are hospitalized and often face lengthy recovery times. We are proud to support a team focused on developing solutions that could help patients and protect public health worldwide.”

Monika Steger, Managing Partner at Bayern Kapital, commented: “Rising bacterial resistance to antibiotics poses an enormous burden on global healthcare. smartbax is tackling this problem with two novel drug approaches that are already showing great potential at their current stage. At the same time, the market for new antibiotics is opening up a highly attractive growth area with great economic opportunities. Our investment in smartbax is therefore a promising investment in the local biotech ecosystem and the resilience of our healthcare system.”

Inga vom Holtz, Director Investments at UnternehmerTUM Funding for Innovators, added: “smartbax has grown from academic research into a biotech company with a clear focus on antibiotic innovation. We are pleased to join this financing round and to support a team that is advancing both classical inhibitors and entirely new antibacterial mechanisms with enzyme activators, and we are proud that such innovation has its origins at the Technical University Munich.”

Dr. Angelika Vlachou, Partner at HTGF, added: “We are delighted about the successful completion of the follow-up financing for our portfolio company and welcome the new investors. As an early-stage investor, we remain committed to supporting Smartbax on its journey to transform cutting-edge science into applied solutions. Their unique drug development approaches have the potential to unlock new therapeutic avenues against antibiotic-resistant bacteria – a challenge that demands bold innovation and long-term partnerships.”

About smartbax
smartbax is developing a new generation of antibiotics to address the increasing spread of multi-drug resistant bacteria. Their team of experts is advancing a complementary pipeline of small molecules against novel bacterial targets and with innovative modes of action to prevent resistance. Their lead program is a new inhibitor of lipopolysaccharide synthesis in Gram-negative bacteria. Moreover, the company specializes in the tailored activation of enzymatic pathways that trigger bacterial self-digestion, as this approach is particularly promising in the context of difficult-to-treat biofilms. Two activators are in development, targeting both Gram-positive bacteria and Gram-negative bacteria individually.
Knowing that preventing a resistance crisis tomorrow means taking action today, smartbax was founded in 2021 as a spin-off of the Technical University Munich (TUM) with the aim of making innovative research applicable in creating novel antibiotics that add true value for patients worldwide.
For more information visit our website: https://www.smartbax.de/

Media contact:
Dr. Regina Lutz, Katja Arnold
MC Services AG
smartbax@mc-services.eu

About Anobis Asset
As a Freiburg-based single family office with a background in the pharmaceutical industry, Anobis Asset is actively exploring investment opportunities across the healthcare and life sciences landscape, with a focus on innovation-driven ventures and long-term partnerships.

About Bayern Kapital
Bayern Kapital is the venture capital company of the Free State of Bavaria and, with 700 million euros under management, investments of up to 25 million euros per company, over 110 active portfolio companies and 30 years of experience in the VC business, is one of the most active, financially strongest and most experienced investors in the DACH region. Bayern Kapital invests in a consortium with private investors in Bavarian high-tech and deep-tech start-ups and scale-ups with innovative business models from all sectors, from the seed and scale-up phase through to exit.
Since its foundation in 1995, Bayern Kapital has invested over 500 million euros of its own equity capital in more than 320 start-ups and scale-ups from sectors such as life sciences, software & IT, materials & new materials, nanotechnology and environmental technology. This has created over 12,000 permanent jobs in sustainable companies in Bavaria.
Examples of numerous pioneering success stories that Bayern Kapital has supported from an early stage include Casavi, Catalym, commercetools, egym, EOS, Fazua, Immunic, Isar Aerospace, IQM, Parcellab, Proglove, Qbilon, Riskmethods, SimScale, Sirion, tado, Tubulis, Marvel Fusion, Proxima Fusion, plancq, Akhetonics and many more. bayernkapital.de 

About UnternehmerTUM Funding for Innovators
UnternehmerTUM Funding for Innovators is the pre-seed fund of UnternehmerTUM, Europe’s foremost center for innovation and business creation. It invests early – often as the first institutional investor – in deep tech founders building category-defining companies. The fund specializes in hard tech and the code that powers it, backing scalable B2B technologies with billion-euro potential and helping founders move breakthrough science from lab to market. UnternehmerTUM Funding for Innovators offers founder-friendly convertible loans and is committed to follow-on investments, ensuring its companies have the resources to scale their ambitions.
funding.unternehmertum.de 

About Boehringer Ingelheim Venture Fund
The Boehringer Ingelheim Venture Fund (BIVF), established in 2010, is dedicated to investing in groundbreaking biotechnology companies that are at the forefront of therapeutic and digital innovations, aiming to advance biomedical research. With a commitment to revolutionizing the standard of care, the BIVF fosters long-term partnerships with scientists and entrepreneurs. The BIVF’s focus is on nurturing disease-modifying therapeutic concepts and facilitating their clinical application. The BIVF prioritizes the translation of first-in-class concepts that address significant medical needs in fields such as oncology, immunology, regenerative medicine, neurodegeneration, infectious diseases, and digital health technologies. These innovative concepts often encompass novel platform technologies designed to tackle targets and diseases that were previously considered untreatable.
With a fund volume of EUR 350 million, the BIVF operates as an evergreen fund, continually reinvesting to fuel its mission. The partners of the BIVF gain from the fund’s deep expertise in drug discovery & development, translational science, and management, along with access to a network of experts within the Boehringer Ingelheim organization. Currently, the BIVF supports a diverse portfolio of over 40 companies, leveraging its extensive experience to drive progress in healthcare.
For additional information, please visit boehringer-ingelheim-venture.com/

About HTGF – High-Tech Gründerfonds 
HTGF is one of the leading and most active early-stage investors in Germany and Europe, financing startups in the fields of Deep Tech, Industrial Tech, Climate Tech, Digital Tech, Life Sciences and Chemistry. With its experienced investment team, HTGF supports startups in all phases of their development into international market leaders. HTGF invests in pre-seed and seed phases and can participate significantly in later-stage financing rounds. Since its inception in 2005, HTGF has financed around 800 startups and achieved 200 successful exits. HTGF has a fund volume of over 2 billion euros.
Fund investors in the public-private partnership include the Federal Ministry for Economic Affairs and Energy, KfW Capital as well as 45 companies and family offices.  
For more information, please visit HTGF.de or follow us on LinkedIn.   

HTGF Portfolio Company Tubulis Raises €308M in Record-Breaking Series C Financing

• Largest Series C round for a European biotech company and the largest financing for a private ADC developer globally
• HTGF renews and significantly expands its commitment to Tubulis, supporting the company from early stage to clinical development
• Milestone highlights Germany’s strength as a biotech innovation hub and demonstrates that private capital can be mobilized to scale disruptive, capital-intensive technologies like ADCs

HTGF portfolio company Tubulis, a pioneer in the development of uniquely matched antibody-drug conjugates (ADCs), today announced the successful closing of a €308 million (USD 361 million) Series C financing round. This landmark round marks the largest Series C raised by a European biotechnology company and the largest financing for a private ADC developer globally.

The Series C was led by Venrock Healthcare Capital Partners, with participation from additional new investors Wellington Management and Ascenta Capital. Existing investors including Nextech Invest, EQT Life Sciences, Frazier Life Sciences, Andera Partners, Deep Track Capital, Bayern Kapital, Fund+, OCCIDENT, Seventure Partners, and HTGF also joined the round.

HTGF has backed Tubulis from the very beginning, co-leading the Series A in 2020 and supporting its growth from concept to clinic as a trusted partner. With its largest growth investment to date, HTGF underscores its strong belief in the team’s innovative strength and global impact.

Funding accelerates Clinical Development and Platform Innovation

The proceeds from the Series C will be used to expand the clinical development of TUB-040, Tubulis’ lead ADC candidate targeting NaPi2b, an antigen overexpressed in ovarian cancer and lung adenocarcinomas. TUB-040 is currently being evaluated in a Phase I/IIa study (NAPISTAR1-01, NCT06303505) in patients with platinum-resistant ovarian cancer and relapsed or refractory non-small cell lung cancer. The candidate received Fast Track designation from the U.S. FDA in June 2024.

Beyond TUB-040, the funding will advance Tubulis’ broader pipeline, including the clinical-stage ADC TUB-030 and several preclinical programs. Additionally, the company will continue to expand its proprietary ADC platform technologies to unlock novel therapeutic applications.

“This landmark financing round reflects the deep conviction these global healthcare investors have in Tubulis and the disruptive potential of our ADC platforms,” said Dr. Dominik Schumacher, CEO and Co-Founder of Tubulis. “With TUB-040 progressing in the clinic and first data to be shared in a late-breaking oral presentation at ESMO, we are ready to expand into earlier treatment lines, while continuing to innovate across our pipeline and technology platforms. The new funding empowers us to execute on our vision of creating truly differentiated antibody-drug conjugates that are tailored to the biology of solid tumors and can deliver superior therapeutic value to patients.”

Tubulis as a best-practice case of HTGF’s support of deep-tech leaders from the start

HTGF recognized Tubulis’ transformative potential very early, engaging during the pre-founding phase, and later co-led the Series A round in 2020. Since then, HTGF has supported the company’s journey from early-stage to clinical development. With this renewed investment and the largest commitment to date from the HTGF Growth Fund, HTGF reaffirm its confidence in Tubulis’ science, its exceptional team, and its global impact.

“HTGF was one of our earliest investors and supported us in shaping Tubulis during its formative years. Their renewed commitment in this round reflects the continued partnership and shared belief in our mission to expand the therapeutic potential of ADCs for patients worldwide,” said Dr. Dominik Schumacher, CEO and Co-Founder of Tubulis.

Dr. Frank Hensel, Principal at HTGF, added: “Our relationship with Tubulis has always been built on trust and a shared ambition to redefine oncology treatment. This latest round, supported by leading global investors, validates the strength of the platform and the team. We are proud to continue backing Tubulis as it enters a pivotal phase of clinical development.”

Dr. Achim Plum, Managing Director at HTGF, said: “Tubulis’ Series C demonstrates that even highly capital-intensive, disruptive technologies can attract the private funding needed to bring cutting‑edge therapies to patients. For us at HTGF, Tubulis is a prime example of how we operate: we engage very early, often before a company is founded, and build trusted relationships with exceptional teams. This story reflects our belief in scientific excellence, entrepreneurial vision, and the impact that can be achieved when both come together. Congratulations to the entire Tubulis team on this outstanding success.”

About HTGF – High-Tech Gründerfonds
HTGF is one of the leading and most active early-stage investors in Germany and Europe, financing startups in the fields of Deep Tech, Industrial Tech, Climate Tech, Digital Tech, Life Sciences and Chemistry. With its experienced investment team, HTGF supports startups in all phases of their development into international market leaders. HTGF invests in the pre-seed and seed phase and can participate significantly in further financing rounds, since 2024 with the HTGF Opportunity growth fund. HTGF has a fund volume of over 2 billion euros. Since its inception in 2005, HTGF has financed around 800 startups and successfully sold shares in 200 companies.
The Federal Ministry for Economic Affairs and Energy, KfW Capital and numerous companies are invested in the HTGF seed funds. Investors in the HTGF Opportunity growth fund include the ERP Special Fund and KfW with the resources of the Zukunftsfonds (“Future Fund”). Further information can be found at HTGF.de or on LinkedIn and on the Zukunftsfonds page. 

Media contact 
High-Tech Gründerfonds Management GmbH 
Tobias Jacob, Senior Marketing & Communications Manager  
T.: +49 228 – 82300 – 121 
t.jacob@htgf.de    

About Tubulis
Tubulis generates uniquely matched antibody-drug conjugates with superior biophysical properties that have demonstrated durable on-tumor delivery and long-lasting anti-tumor activity in preclinical models. The two lead programs in our growing pipeline, TUB-040, targeting NaPi2b, and TUB-030, directed against 5T4, are being evaluated in the clinic in high-need solid tumor indications. We will solidify our leadership position by continuing to innovate on all aspects of ADC design leveraging our proprietary platform technologies. Our goal is to expand the therapeutic potential of this drug class for our pipeline, our partners and for patients. Visit www.tubulis.com or follow us on LinkedIn.

Media requests for Tubulis
Trophic Communications
Stephanie May, PhD
T: +49 (0) 171 185 56 82
tubulis@trophic.eu

Global expansion: findIQ launches U.S. market offensive

Following the successful close of its Seed funding round in late 2024, raising over $4 million USD, B2B tech startup findIQ from Herford, Germany is accelerating its international expansion. The company is now winning its first U.S. customers with its AI-powered industrial service knowledge software and has established a local presence with a dedicated team and refreshed corporate identity.

Founded in 2022, the Ostwestfalen-Lippe-based software developer findIQ is addressing a critical market need with its AI-powered knowledge platform for machinery service. Following a successful Seed funding round in 2024 that raised over $4 million USD, the company is demonstrating impressive growth: “In the third quarter of the current fiscal year alone, we acquired as many new customers as we did in all of 2024,” reports Sina Volkmann, CEO and Co-Founder of findIQ. “Additionally, we increased revenue from our existing customer base by 50%.”

The solution: Digital service expert against knowledge loss

findIQ offers the first SaaS solution that intelligently captures and centrally manages expert knowledge in industrial machinery and equipment service. The software combines knowledge management with an AI- powered assistance system in an intuitive platform. Unlike purely generic Large Language Models, findIQ leverages proprietary model-based AI variants that deliver reliable and precise answers in over 90% of cases.

The key differentiator: “Knowledge transfer isn’t achieved simply by making data and documents searchable. It’s about capturing the often undocumented tribal knowledge and delivering it accurately when and where it’s needed. That’s what we ensure—and that’s what drives measurable ROI,” says Volkmann.

The results speak for themselves: the platform enables up to 70% time savings in error diagnostics. Beyond that, customers are becoming partners—white-label applications unlock additional growth potential.

Companies like enercity and WISAG not only use findIQ internally but also resell the platform as their own solution, opening up new revenue streams.

Market growth: From Europe to the U.S.

Demographic shifts are creating urgent pressure to act: In Germany alone, approximately 4.26 million workers will retire by 2031—taking irreplaceable expertise with them. findIQ is strategically addressing this challenge in two key markets: the DACH region and the United States, where similar workforce trends are emerging.

The North American market entry is being executed with a dedicated U.S. team and localized corporate identity. This strategic move enables findIQ to support global enterprises like Siemens, Phoenix Contact, and Elopak as they expand their use of the software from Germany to the U.S. It also allows the company to serve new U.S. customers like Kulicke & Soffa directly on the ground.

Experienced Investors Backing Growth

Since 2022, findIQ’s investors have included High-Tech Gründerfonds, Auxxo Female Catalyst Fund, and Notion Capital, alongside notable business angels such as Dr. Bettina Volkens, former Lufthansa board member and now an entrepreneur in the knowledge management space. Last year, findIQ secured a seed investment from Senovo and global venture platform Plug and Play, with participation from existing investors, including HTGF and Auxxo. The company has also added experienced industry leaders to its advisory board, including Dr. Maurice Eschweiler, authorized signatory at DMG Mori.

“By intelligently combining knowledge management with smart assistance systems, findIQ has the potential to transform industrial service processes across sectors. I am convinced that findIQ’s innovative solution will be a key driver in the digitalisation and efficiency of machinery maintenance.” – Martin Möllmann, Principal at HTGF

About findIQ
Founded in 2022, findIQ is a German technology company and quality leader in knowledge transfer for machine service. The company’s platform preserves and intelligently processes service technician expertise to support the next generation of service professionals in the fastest, most scalable manner available. Initially adopted by mid-sized machine suppliers, findIQ’s solution now serves global enterprises including Siemens.

Media Contact:
Doris Bauer, Senior Marketing Manager
T.: +49 155 63233184
doris.bauer@findiq.com
www.findiq.de

About Senovo
Senovo is an early-stage venture capital firm based in Munich and Berlin that partners with exceptional founders building global B2B SaaS category-leaders from Europe.

As European first-mover, the fund invests since 2013 into a new generation of B2B software startups which enable the digitalization of medium and large enterprises. Their focus is primarily on supporting teams working in the areas of process optimization, industry 4.0 and data-enabled solutions.

Senovo joins the journey after a company has first revenues in a late Seed or Series A round. Their team of SaaS specialists seek meaningful eye-level relationships and regularly publish their learnings and thought leadership at www.medium.com/senovovc.

About Plug and Play
Plug and Play is one of the world’s leading innovation platforms and most active early-stage VC firms globally, with over 30 unicorns in its portfolio, including PayPal, Honey, N26, and Einride. Headquartered in Silicon Valley, Plug and Play operates more than 60 locations worldwide, connecting startups, corporations, investors, and research institutions. With investments spanning over 20 industries, Plug and Play supports young companies in their growth while helping established firms navigate their digital transformation. In Germany, Plug and Play operates with offices in Stuttgart and Munich.

For more information: https://www.plugandplaytechcenter.com/venture-capital

About the High-Tech Gründerfonds
HTGF is one of the leading and most active early-stage investors in Germany and Europe, financing startups in Deep Tech, Industrial Tech, Climate Tech, Digital Tech, Life Sciences, and Chemistry. With its experienced investment team, HTGF supports startups through all stages of their development into international market leaders. HTGF invests in pre-Seed and Seed stages and can participate significantly in subsequent funding rounds. Across all funds, HTGF manages over €2 billion in assets under management. Since its founding in 2005, HTGF has financed more than 770 startups and achieved nearly 200 successful exits.

Fund investors in this public-private partnership include the Federal Ministry for Economic Affairs and Climate Action, KfW Capital, and 45 corporations and family offices.

About the Auxxo Female Catalyst Fund
The Auxxo Female Catalyst Fund is Germany’s first gender-focused venture capital fund, investing in the next generation of female-(co-)founded companies driving systemic change. With €45 million in assets under management and 35 investments to date, Auxxo backs Europe’s most promising female-led startups at the pre- seed and seed stage – combining alpha and impact to accelerate gender parity and back tomorrow’s category leaders.

For more information visit: https://auxxo.de/

About Notion Capital
Notion Capital is a European B2B SaaS and cloud VC with over $1 billion in assets under management and more than 100 investments to date. The Notion team has founded, scaled, and successfully exited two highly successful SaaS companies—Star and MessageLabs—and invests exclusively in exceptional founders with the goal of building global market leaders. Notion’s portfolio includes GoCardless, Mews, Paddle, Unbabel, and YuLife. Notion is also the founder of Included VC, the venture capital fellowship for individuals from diverse and underrepresented communities around the world.

kiutra secures €13M to eliminate bottlenecks from quantum supply chains with helium-3-free cooling 

• The €13 million financing round is co-led by NovaCapital (Italy) and 55 North (Denmark), with participation from High-Tech Gründerfonds (Germany) and existing investors  
• Kiutra’s proprietary magnetic cooling technology eliminates dependence on scarce helium-3 resources, addressing critical quantum supply chain vulnerabilities identified by NATO and EU initiatives  
• With systems already deployed worldwide, supporting leading research institutions, quantum startups, and corporates, kiutra will utilize the financing to accelerate its global scale-up and deliver helium-3-free cooling systems that strengthen the resilience of quantum supply chains. 

Munich, Germany — 2 October 2025 — kiutra, the globally leading provider of magnetic cooling for quantum technologies, today announced the successful closing of a €13 million equity round to accelerate global scale-up and deliver helium-3-free cooling systems that strengthen quantum supply chain resilience. The round was co-led by new international investors NovaCapital and 55 North, alongside strong participation from High-Tech Gründerfonds and other existing backers. With this financing, kiutra has now raised more than €30 million in private and public funding to date, underlining the strong commitment of investors and institutions to its mission of building sustainable cryogenic infrastructure for quantum technologies. 

As Europe and its partners rapidly expand their quantum technology ecosystems, the availability of reliable, sustainable cryogenic infrastructure is emerging as a critical bottleneck [1,2,3]. Quantum computers and other cold quantum technologies are fundamentally dependent on ultra-low-temperature operation, creating a vulnerability through reliance on scarce and geopolitically sensitive helium-3 resources. This dependency has been identified as a critical supply chain risk by initiatives including the NATO Transatlantic Quantum Community [3] and Quantum Delta NL [4]. 

kiutra’s proprietary magnetic cooling technology addresses this challenge by enabling scalable refrigeration solutions. Their method does not rely on helium-3 at all: instead, solid-state materials are magnetized and demagnetized in a controlled way to reach ultra-low temperatures. The company’s systems are already deployed worldwide and validated in the market, supporting leading research institutions, quantum startups, and corporates in the development and quality assurance of quantum hardware. With its unique approach, kiutra currently offers the fastest cooling systems available, giving customers a decisive speed and usability advantage. 

Dr. Alexander Regnat, CEO & Co-Founder of kiutra, says: “This new investment will support kiutra in expanding our global presence and further advancing our portfolio of easy-to-use and scalable cooling solutions that are vital for the rapidly growing quantum ecosystem.” 

Building on this success, the company is now expanding its portfolio with highly modular and powerful platforms tailored for complex quantum chips and full-stack quantum computers. 

Dr. Michael Jobst, Investor at 55 North, the newly launched, world’s largest pure-play quantum fund, says: „kiutra is perfectly positioned to create value for one of the most critically required enablers in quantum computing: reliable, scalable and affordable access to cooling power. Their product suite is strongly differentiated from the mainstream market, and we are proud to support the team on their scaling journey. “ 

Carlo Germano Ravina, MD at Nova Capital, adds: “At NovaCapital, we back bold engineering that shapes the future. kiutra’s scalable magnetic cooling technology is not only foundational for quantum tech but also exemplifies the kind of deep tech leadership Europe needs. We’re proud to support their global scale-up.” 

Christian Ziach, Principal at HTGF, concludes: “kiutra’s financing round highlights the strategic relevance of cryogen-free cooling for scaling quantum technologies. The company addresses a rapidly expanding global market with solutions that are not only technologically advanced but also essential for enabling real-world quantum applications. As a critical enabler, kiutra lays the foundation for progress in research and industry—strengthening Europe’s technological sovereignty.” 

In 2024, kiutra secured a €4 million EIC grant to advance this development [5] and will now accelerate its research further with fresh private capital. By making cryogenics simpler, safer, and more scalable, kiutra is democratizing access to ultra-low-temperature technology — enabling widespread adoption at industrial scale. 

This financing round marks a key milestone for kiutra as it accelerates from an R&D-driven startup to a global industrial scale-up addressing the critical need for reliable and sustainable cryogenic infrastructure in quantum technology and beyond.  

The company’s breakthrough technology strengthens the resilience and sovereignty of European and allied quantum supply chains and ensures that quantum technologies can be deployed without critical material constraints, supporting the broader quantum ecosystem’s transition from laboratory promise to enterprise deployment. 

About kiutra 
kiutra is a Munich-based deep tech company developing next-generation cooling solutions for quantum technologies as well as cutting-edge research and industrial applications. With its proprietary, helium-3-free refrigeration systems based on magnetic cooling, kiutra enables simple, safe, and sustainable access to ultra-low temperatures. 

Media contact: 
info@kiutra.com 

About NovaCapital 
NovaCapital is an Italian holding company controlled by Merloni Holding. It invests in innovative B2B companies in Italy, Europe, and the USA, placing a strong emphasis on relationships with entrepreneurs, innovation, and business growth. In venture capital, NovaCapital specifically targets verticals like deep tech, energy transition, new materials, circular economy, industrial automation, and B2B SaaS. 

About 55 North  
55 North is a Copenhagen-based venture capital fund exclusively focused on the quantum technology stack and invests with a long-term investment horizon.  It invests in startups at all stages, developing quantum computing, quantum communications, sensing and other enabling technologies. The team combines deep technical expertise with a proven investment track record, partnering with world-class investors, scientists and entrepreneurs to advance breakthrough quantum solutions. Supporting companies worldwide and targeting real-world applications that deliver significant economic and societal value – 55 North is committed to establishing Europe as a global hub for quantum innovation. 

About HTGF – High-Tech Gründerfonds 
HTGF is one of the leading and most active early-stage investors in Germany and Europe, financing startups in the fields of Deep Tech, Industrial Tech, Climate Tech, Digital Tech, Life Sciences and Chemistry. With its experienced investment team, HTGF supports startups in all phases of their development into international market leaders. HTGF invests in the pre-seed and seed phase and can participate significantly in further financing rounds, since 2024 with the HTGF Opportunity growth fund. HTGF has a fund volume of over 2 billion euros. Since its inception in 2005, HTGF has financed more than 790 startups and successfully sold shares in 200 companies.  

The Federal Ministry for Economic Affairs and Energy, KfW Capital and numerous companies are invested in the HTGF seed funds. Investors in the HTGF Opportunity growth fund include the ERP Special Fund and KfW with the resources of the Zukunftsfonds (“Future Fund”). Further information can be found at HTGF.de or on LinkedIn and on the Zukunftsfonds page.  

viboo Closes €3.3 Million Financing Round with Leading PropTech Investor

• Realyze Ventures, Zürcher Kantonalbank, existing investors HTGF and Swisscom, and additional new investors back Swiss Climate and PropTech startup viboo with €3.3 million.
• viboo will use the capital to launch into the German market.
• viboo’s AI-based cloud platform evolves from an energy management tool into a holistic building management solution.

ZURICH, Switzerland – Building automation software company viboo has successfully closed its second financing round, raising €3.3 million. The round was led by Realyze Ventures, with participation from Zürcher Kantonalbank and a group of new and existing investors. The investment by leading PropTech VC Realyze Ventures underscores confidence in viboo’s potential to make buildings more energy efficient without major interventions, achieve significant energy savings, and accelerate the decarbonization of existing building stock.

Buildings account for more than 40% of global CO₂ emissions. The pressure to act is mounting: The EU requires the existing building stock to achieve net zero by 2050. By 2030, 5.38 million commercial buildings must improve their energy efficiency class to at least “E” or risk becoming stranded assets. Already today, low-efficiency buildings lose around 4% of their value annually. At the same time, automation systems are becoming mandatory for many building types.

viboo has developed a cloud-based building management system that can be retrofitted easily and wirelessly connects with common IoT devices such as smart thermostats in commercial buildings. Its AI learns heating behavior and controls it proactively – delivering savings without compromising comfort, with minimal investment and a rapid ROI. The solution is already deployed in more than 100 buildings, achieving an average 27% energy savings. Existing customers have multiplied their contract volumes by a factor of eight from winter 2023/24 to winter 2024/25.

viboo’s approach is designed for scalability: instead of proprietary hardware, the company leverages the products of leading building technology manufacturers and open software interfaces. Thanks to its installer app, deployment can be carried out quickly and easily by any installer. In addition to direct sales to municipalities and real estate companies, viboo also partners with installation and facility management service providers.

The fresh funding will be used to expand into the German market, where strong demand is being driven by the Building Energy Act (GEG). The platform will also be developed from a pure energy management solution into a comprehensive building management tool, including modules such as individual heating cost billing. With its strong LP network in the German real estate industry, Realyze Ventures is the ideal partner. First LPs have already contracted viboo for building implementations.

Felix Bünning, Co-Founder of viboo, is thrilled about the completion of the seed round: “We have built a strong foundation in Switzerland – with more than 40 satisfied customers, some already rolling out across portfolios, and significant energy savings in existing buildings. Our solution convinces because it is easy to implement, delivers fast results, and generates immediate savings. Now we are taking the next big step with our entry into our first EU market, where a combination of energy prices and regulation creates strong pull. Realyze Ventures was our preferred partner from the start thanks to their deep industry expertise and excellent network. With Zürcher Kantonalbank, we are also adding one of Switzerland’s most renowned early-stage investors.”

viboo is rooted in world-leading research at Empa and ETH Zurich, as well as at top building automation labs at RWTH Aachen and Lawrence Berkeley National Lab. The company and its founders have won numerous prestigious awards, including a BRIDGE Fellowship, all Venture Kick stages, the Gebert Rüf Foundation’s Innobooster, the Swiss GreenTech Startup Battle, the Empa Innovation Award, and an ETH Medal.

Marnix Roes, Investment Manager at Realyze Ventures, said: “With viboo we are investing in an innovative software solution that drives the decarbonization of existing buildings and addresses a huge market. The easy and fast implementation combined with rapid ROI leads to high satisfaction among customers and users. Through our broad Realyze Ventures ecosystem, we will actively accelerate viboo’s go-to-market in Germany.”

Nicola Leuenberger, Investment Manager at Zürcher Kantonalbank, added: “viboo clearly demonstrates how economic and ecological goals go hand in hand. With a plug-and-play solution delivering 20–40% energy savings annually, viboo should be on every real estate asset manager’s roadmap. We look forward to supporting viboo in the upcoming scaling phase.”

Further image material can be downloaded here: Image material

About viboo
viboo makes buildings more energy efficient with its cloud- and AI-based building management system. Based on extensive research at Empa and ETH Zurich, the system learns the thermal behavior of buildings and proactively controls heating systems in commercial properties, achieving typical savings of 20–40%. Through partnerships with leading hardware manufacturers (including Siemens, Danfoss) and installation/FM companies (including Hälg), viboo is ready to rapidly scale energy efficiency and sustainability across the existing building stock.
https://viboo.io/  

Media contact
Felix Bünning, Co-Founder & CEO at viboo
felix.buenning@viboo.io
+41 44 320 08 22

About Realyze Ventures
Realyze Ventures invests in European technology startups driving climate and process efficiency in the built world – as well as technology companies at the intersection of the real estate and energy sector. By leveraging the expertise of key players from the industry, Realyze Ventures accelerates the net-zero transformation, addressing process efficiency, decarbonization and the shortage of skilled craftsmen. The fund’s ecosystem provides valuable insights for investors, with a network of national and international industry leaders. The experienced management team aims to seize promising opportunities and deliver strong returns for investors.
https://realyzeventures.com

About ZKB
Zürcher Kantonalbank (ZKB) is a leading universal bank in the Zurich economic area with national presence and international reach. With 40–50 financing rounds per year, ZKB is one of Switzerland’s most active early-stage investors. As an independent public-law institution of the Canton of Zurich, ZKB is rated AAA/Aaa by Standard & Poor’s, Moody’s, and Fitch. With more than 6,500 employees, ZKB offers its customers a comprehensive range of products and services. Its core businesses include financing, asset management, trading, capital markets, deposits, payments, and card services.
https://zkb.ch

About Swisscom Ventures
Swisscom Ventures is the venture capital arm of the Swisscom Group. Since 2007, Swisscom Ventures has invested in more than 80 technology companies, with offices in Switzerland (Zurich, Bern, Lausanne) and the US (Silicon Valley).
https://ventures.swisscom.com/

About HTGF – High-Tech Gründerfonds
HTGF is one of the leading and most active early-stage investors in Germany and Europe, financing startups in deep tech, industrial tech, climate tech, digital tech, life sciences, and chemistry. With its experienced investment team, HTGF supports startups at every stage of their journey to becoming international market leaders. HTGF invests in the pre-seed and seed stages and can participate significantly in subsequent financing rounds. Since its founding in 2005, it has financed more than 790 startups and achieved 200 successful exits. The fund volume exceeds €2 billion. The fund’s public–private partnership investors include the Federal Ministry for Economic Affairs and Energy, KfW Capital, and 45 companies and family offices.
https://htgf.de

Factor2 Energy Raises US$9.1M to Unlock Scalable Geothermal Power from Geologically Stored CO₂

Factor2 Energy, a German (Duisburg) company with a novel approach to geothermal energy, today announced the successful completion of its seed funding round, raising US$9.1 million in venture capital.

The round was led by At One Ventures, with additional investments from High-Tech Gründerfonds (HTGF), Gründerfonds Ruhr, Verve Ventures and Siemens Energy Ventures.

Factor2 Energy will use the seed funding to advance the technological development of its CO₂-based geothermal power generation system and to develop a pilot power plant to demonstrate scalability.

Factor2 Energy is led by Michael Wechsung, Joerg Strohschein and Felix Boehmer who all worked together at Siemens Energy. There they invented a new, economically superior method to harness geothermal energy by utilizing CO₂ as the primary working fluid in the geothermal cycle, replacing water or brine.

Kendra Rauschenberger, General Partner at Siemens Energy Ventures, stated, “I am pleased to see this technology progressing toward commercialization, following its development within Siemens Energy Ventures. Geothermal energy is a reliable and renewable power source, and we will work with Factor2 Energy to tailor our turbines to meet the specific needs of this emerging market.”

How it Works: Clean Energy from Stored CO₂ – Safe, Scalable, and Sustainable

The technology can be deployed at either natural CO2 Reservoirs or at reservoirs designated for Carbon Capture and Storage. The (naturally occurring or captured) CO₂ is injected into deep, porous geological formations, where it is securely stored. As it absorbs geothermal heat from the surrounding rock, its density decreases, initiating a buoyancy-driven circulation known as the thermosiphon effect. As a result, the CO₂ rises naturally to the surface via production wells, eliminating the need for subsurface pumps and significantly reducing parasitic energy consumption and mechanical complexity.

At the surface, the heat is converted into electricity using a direct driven CO₂ turbine system. After expansion, the CO₂ is cooled, reinjected into the reservoir, creating a closed cycle that enables continuous power generation while maintaining long-term CO₂ storage.

Compared to conventional water-based geothermal systems, this approach can achieve up to twice the power output under similar geological conditions, while requiring lower capital expenditures (CAPEX).

“Our approach enables emission-free, efficient, and baseload-capable electricity production, which is ideal for traditional oil and gas companies looking to diversify their operating assets,” said CEO and co-founder Felix Boehmer. “And in fact, the entire system leverages proven technologies from the oil and gas sector, with its long history of drilling and geologic expertise.”

Siting Simplicity: More Location Options and Operational Ease

Besides delivering reliable, 24/7 green power, the use of CO₂ enables access to a broader range of geological sites, unlocking heat from locations unsuitable for conventional geothermal systems.

Using CO₂ allows Factor2 Energy to tap into shallower and cooler geothermal sites, reducing drilling costs and expanding the range of viable power plant locations. The system operates efficiently where conventional geothermal fails, offering competitive Levelized Cost of Electricity. It also eliminates the need for secondary fluids or complex binary systems, simplifying operations. And, by leveraging both geological formations designated for CO₂ storage (CCS) and natural CO₂ reservoirs, Factor2 Energy can transform these into active energy assets.

Helen Lin, Partner at At One Ventures comments: “As a cornerstone for enabling broader electrification, the need for cost-effective baseload power has never been more urgent. The fluid physics of CO₂ as a geothermal working fluid enables a 2x increase in power output while operating at the same depths/temperatures as conventional geothermal, translating to efficiencies in both capex and opex. These technoeconomics combine to form a favorable LCOE at sites that would previously have been economically unviable. We are excited to support Factor2 to bring this crucial technology to market to unlock the potential of geothermal as a more prevalent source of green baseload”

Timo Bertsch, Investment Manager at HTGF comments: “We invested in Factor2 Energy because their innovative technology dramatically expands global geothermal potential and uniquely enables the transformation of CCS sites into energy-generating power plants. Their successful proof of concept in a geologically complex environment demonstrates the robustness and scalability of their approach. We believe Factor2 Energy is well positioned to play a pivotal role in the global energy transition.”

About Factor2 Energy
Factor2 Energy is a German climate-tech company developing CO₂-based geothermal power systems. By using carbon dioxide as the working fluid, the technology accesses moderate-temperature geothermal resources. Compared to conventional systems, the technology can deliver up to twice the power output, without fracking, ultra-deep drilling, or water-intensive processes. Founded by a former Siemens Energy team after a successful proof of concept, the company is backed by leading climate investors, with its latest round led by At One Ventures. Factor2 Energy’s mission is to unlock scalable, clean, baseload geothermal power while supporting permanent carbon storage.

For more information, please contact:
Felix Boehmer
Felix.boehmer@factor2-energy.com
www.Factor2-Energy.com

About HTGF – High-Tech Gründerfonds 
HTGF is one of the leading and most active early-stage investors in Germany and Europe, financing startups in the fields of Deep Tech, Industrial Tech, Climate Tech, Digital Tech, Life Sciences and Chemistry. With its experienced investment team, HTGF supports startups in all phases of their development into international market leaders. HTGF invests in pre-seed and seed phases and can participate significantly in later-stage financing rounds. Since its inception in 2005, HTGF has financed more than 790 startups and achieved 200 successful exits. HTGF has a fund volume of over 2 billion euros. 
Fund investors in the public-private partnership include the Federal Ministry for Economic Affairs and Energy, KfW Capital as well as 45 companies and family offices. For more information, please visit HTGF.de or follow us on LinkedIn.   

Media contact 
High-Tech Gründerfonds Management GmbH 
Tobias Jacob, Senior Marketing & Communications Manager  
T.: +49 228 – 82300 – 121 
t.jacob@htgf.de   

Biotech company Mevaldi successfully closes funding round with HTGF and ICIG Ventures to scale up breakthrough technology for green chemistry

Dutch biotech company Mevaldi B.V. has closed a funding round with High-Tech Gründerfonds (HTGF) and ICIG Ventures, the venture capital unit of International Chemical Investors Group (ICIG). This investment will enable Mevaldi to further scale up its breakthrough technology. This is a crucial step towards a circular European chemical sector.

Mevaldi is a biotech company and pioneer in the field of building blocks for sustainable polymers and polyurethanes made from natural biological raw materials. Since its founding in 2020, Mevaldi has been working on the development of 3MPD: an innovative, bio-based building block for high-performance applications in coatings, adhesives and elastomers, among others. Unlike fossil variants, 3MPD at Mevaldi is produced from renewable raw materials via a patented hybrid bio-thermocatalytic process. For example, they use sugar to make soles of sneakers and sawdust as the basis for insulation material for housing.

The result: high-quality material properties, a lower environmental impact and a competitive price – a unique combination. In addition, the production chain takes place entirely within Europe, leveraging ICIG’s existing flexible plant capacities, without dependence on supply from other parts of the world.

Towards a fossil-free alternative at scale

This funding round follows the recent award of the EU grant from the prestigious Circular Bio-based Europe Joint Undertaking (CBE JU) programme, and marks the beginning of the next phase of growth for Mevaldi. With this investment, consisting of equity and a working capital facility, Mevaldi can take the step from pilot to demonstration scale. Mevaldi will also focus on the commercialization of its flagship product Pentonext®: an innovative building block for sustainable polyesters and polyurethanes in textiles and elastomers, among other things.

“We are delighted to welcome HTGF and ICIG Ventures as strategic investors,” said Roger Ottenheym, CEO of Mevaldi. “Their deep expertise in scaling up and focus on sustainability make them ideal partners in our next step to market – on sugar soles.”

High-Tech Gründerfonds (HTGF)

HTGF is one of the leading and most active early-stage investors in Germany and Europe. With a fund volume exceeding €2 billion euros, HTGF has backed more than 780 startups to date. The fund focuses on early stage investments in Industrial Tech, Life Sciences & Chemistry and Digital Tech, supporting startups in all phases of their development into international market leaders.

 “Mevaldi’s technology presents a promising approach for the production of sustainable materials,” said Dr. Lena-Sophie Schütter, Investment Manager at HTGF. “With successful scaling, their platform could contribute meaningfully to the advancement of bio-based chemistry. We are proud and happy to be able to contribute to this promising development at this early stage.”

International Chemical Investors Group (ICIG) and ICIG Ventures

ICIG is an industrial group of companies with a strong focus on specialty chemicals and pharmaceuticals. With more than €4 billion in sales and more than 7,150 employees worldwide, ICIG has a broad portfolio of companies in Europe and North America. ICIG Ventures, the venture capital arm of ICIG, focuses on market-oriented innovations in industrial biotechnology, chemistry and materials.

“We see great potential in Mevaldi’s technology to shape the future of sustainable chemistry,” said Dr Pelin Yilmaz, investment director at ICIG Ventures. “Their approach to bio-based chemical building blocks fits perfectly with our long-term vision: investing in promising and impactful innovations that contribute to a circular economy.”

Towards European independence and green chemistry

Mevaldi is poised to become the world’s first commercial supplier of bio-based 3MPD that is not only sustainable, but also financially competitive with fossil alternatives. In this way, Mevaldi makes a direct contribution to the EU’s strategic autonomy and to the broader ambitions in the field of circularity and climate neutrality.

About HTGF – High-Tech Gründerfonds
HTGF is one of the leading and most active early-stage investors in Germany and Europe, financing startups in the fields of Deep Tech, Industrial Tech, Climate Tech, Digital Tech, Life Sciences and Chemistry. With its experienced investment team, HTGF supports startups in all phases of their development into international market leaders. HTGF invests in pre-seed and seed phases and can participate significantly in later-stage financing rounds.

Since its inception in 2005, HTGF has financed more than 780 startups and achieved almost 200 successful exits. HTGF has a fund volume of over 2 billion euros. Fund investors in the public-private partnership include the Federal Ministry for Economic Affairs and Energy, KfW Capital as well as 45 companies and family offices.  

For more information, please visit HTGF.de or follow us on LinkedIn.   

About ICIG – International Chemical Investors Group
International Chemical Investors Group (ICIG) is a privately owned industrial group with a total turnover of more than €4.6 billion. ICIG focuses on several main platforms: Fine Chemicals under the WeylChem brand, Care Chemicals (Catexel), Chlorovinyls (Vynova), Compounds (Benvic), Hydrocarbons & Solvents (HCS Group), Superabsorbents (Stockhausen Superabsorber) and Enterprises with specialized businesses in industrial drying services, fermentation products, viscose filaments, activated carbon and wood protection chemicals.

Today, the ICIG companies employ more than 7,150 people and operate more than 50 production sites in Europe, the U.S and India.

For more information, please visit ic-investors.com or follow us on LinkedIn.

About Mevaldi
Mevaldi is a biochemical company and a pioneer in the field of bio-based building blocks for sustainable polymers, polyesters, and polyurethanes.
Since 2020, the company has been developing 3MPD: an innovative building block derived from sugars and wood residues, produced through a patented bio-thermochemical process. This results in high-performance materials with low environmental impact and competitive pricing – with the entire production chain located within Europe. In this way, Mevaldi contributes competitively to the EU’s strategic autonomy, circular economy, and climate goals.

For more information, please visit mevaldi.com or follow us on LinkedIn.

Pactos secures €2.7M: agentic AI for compliant management of external staff

• Pactos closes a €2.7 million pre-seed round led by High-Tech Gründerfonds (HTGF).
• Companies often operate in legal grey areas when deploying external staff. Pactos’ AI-powered software provides digital structure and legal certainty.
• The Munich-based start-up plans to use the capital to develop its agentic AI platform further and expand the team.

Munich, 10 September 2025 – Pactos has closed a €2.7 million pre-seed round led by High-Tech Gründerfonds (HTGF) and joined by various industry and start-up leaders. Pactos has developed an artificial intelligence (AI) platform that adds structure, transparency, and legal certainty to companies’ external workforce management.

A billion-euro market still running on analogue structures

Valued at over €230 billion, the market for contingent workforce management is a key driver of economic growth in Europe. Nevertheless, the organization of external workers is often still carried out using a patchwork of Excel spreadsheets and emails—a slow process that carries avoidable legal risks.

Pactos responds to these challenges with an AI-powered software solution that helps companies manage their external workforce. It allows them to review contracts automatically, manage assignments in real time, and securely document all relevant data. Based on this information, teams in procurement, HR, legal, and finance receive in-depth analyses and recommendations for action. In addition, the solution integrates seamlessly into existing IT systems such as zvoove. Pactos already manages several thousand external workers for clients including Swissport, Knuth, and Unique Personal. The software is certified according to internationally recognized standards and is fully GDPR-compliant.

“Managing  external  workforce  is  a  major  challenge  for  companies:  complex, time-consuming, and full of compliance risks. Pactos digitises the end-to-end process and has the potential to become the leading system in a billion-dollar market,” explains Björn Sykora, Principal at HTGF.

Backed by industry leaders and start-up experts

Alongside HTGF, Pactos has also gained the support of various experienced industry leaders: Dr. Sebastian Dettmers, CEO of StepStone; Jens Bender, initiator of the HR Angels Club; and Alexander Schwörer, owner of the PERI Group, will support the Munich start-up with capital and strategic expertise. Investors from the digital tech and startup scene, including Robin Haak, Managing Partner at Robin Capital, and Franzi Majer, Founding Partner of Superangels, provide additional momentum:

„We are excited to support Pactos on its journey. Their AI-powered operating system brings transparency, control, and efficiency to an often-neglected area and has the potential to shape a new category in the B2B SaaS sector.”

Fresh capital for product, team, and B2B growth

With the pre-seed funding, Pactos aims to expand its AI functionalities, strengthen its development team in the DACH region, and accelerate its B2B growth.

Antonio Zill, Co-Founder and Managing Director of Pactos, explains: “We aim to build a real European powerhouse for external workforce management, enabling companies to respond quickly and efficiently to fluctuating demand. This funding allows us to refine our software end to end and better deliver on our promise: to make the use of external resources as simple and efficient as possible.”

---

About Pactos
Founded in 2023 by Antonio Zill and Philipp Eckert, Pactos offers an AI-powered platform that enables companies to manage external workforces digitally and in full legal compliance – from procurement and planning to invoicing. Operating in the entire DACH region, Pactos brings structure and transparency to a previously analogue domain.

Press Contact
getpress GmbH
Natalie Oliveira, PR-Manager
natalie@get-press.de

About HTGF – High-Tech Gründerfonds
HTGF is one of the leading and most active early-stage investors in Germany and Europe, financing startups in the fields of Deep Tech, Industrial Tech, Climate Tech, Digital Tech, Life Sciences and Chemistry. With its experienced investment team, HTGF supports startups in all phases of their development into international market leaders. HTGF invests in pre-seed and seed phases and can participate significantly in later-stage financing rounds. Since its inception in 2005, HTGF has financed more than 790 startups and achieved 200 successful exits. HTGF has a fund volume of over 2 billion euros. 

Fund investors in the public-private partnership include the Federal Ministry for Economic Affairs and Energy, KfW Capital as well as 45 companies and family offices.  For more information, please visit HTGF.de or follow us on LinkedIn.