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Cultimate Foods raises 2.3 million EUR seed funding from leading Biotech and Foodtech investors to revolutionize the alternative meat industry
BERLIN, April 23, 2024 – Cultimate Foods, a biotech startup based in Berlin’s Biocube and Hannover (Institut für Technische Chemie, Leibniz Universität Hannover), successfully closes its seed round to scale up production processes, expand commercial collaborations and operation.
The 2.3 million EUR round was led by High-Tech Gründerfonds (HTGF), one of Europe’s leading seed investors. HTGF was joined by the Life Science ValleyWachstumsfonds, b.value AG and Kale United. Le
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Successful Exit for HTGF: DocuWare Announces Acquisition of natif.ai
With AI at the forefront of DocuWare’s product strategy, natif.ai’s technology further increases the competitive edge of the DocuWare platform.
High-Tech Gründerfonds (HTGF) led the pre-seed round in 2020 as the first institutional investor of natif.ai and has actively supported the start-up on its path to becoming a leading provider in the field of intelligent document processing.
Christian Arndt, Senior Investment Manager at HTGF: “The team of natif.ai has shown a great perfo
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Scavenger AI secures €1.1m pre-seed funding for data-driven decision making
The AI start-up helps companies to use their data to make the best possible decision under any circumstances.
Scavenger AI receives € 1.1 million from High-Tech Gründerfonds (HTGF), Calm/Storm Ventures, Femventix and the B4i Investment Fund.
The new capital will be used to launch the first version of the software on the market and serve customers on the waiting list.
Frankfurt, 8 April 2024 – The German data analytics & AI start-up
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Proxima Fusion Raises €20M Seed to Accelerate Timeline to Fusion Power
Less than one year from its €7.5M pre-seed round, the first Max Planck fusion spin-out has delivered on its vision of simulation-enabled stellarator design.
New funding supports expansion of the world-class team in Munich and its public-private partnerships in Europe to build on existing momentum.
Proxima Fusion directly builds on €1.3B of public investment in the ground-breaking W7-X experiment in Germany.
Munich, Germany, April 10, 2024 – Proxima Fusion, the first spi
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Change in the management of High-Tech Gründerfonds
Bonn, Germany, 9 April 2024 – Guido Schlitzer, responsible for finance, controlling, IT, ESG and fund administration on the management board of High-Tech Gründerfonds (HTGF), will leave the seed investor at his own request on 31 December 2024 to pursue new professional challenges.
Guido Schlitzer, whom we greatly value both professionally and personally, has provided significant impetus for both HTGF and the start-up ecosystem in Germany over the course of his long career. We very
Press
Successful Exit for HTGF: CData Software Acquires Data Virtuality
CData’s acquisition of Data Virtuality marks a new era for the company by providing customers with powerful, centralized data integration platforms that solve for the most pervasive data management challenges today.
High-Tech Gründerfonds (HTGF) led the seed round in 2012 as one of the first institutional investors together with Technologiegründerfonds Sachsen (TGFS) and supported the successful development of Data Virtuality.
Axel Nitsch, Principal at HTGF: R
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Successful exit for HTGF: Novo Nordisk to acquire Cardior Pharmaceuticals
Novo Nordisk will acquire Cardior for up to 1.025 billion Euros in upfront and potential milestone payments.
Cardior is a leader in the discovery and development of therapies that target RNA as a means to prevent, repair and reverse diseases of the heart.
High-Tech Gründerfonds (HTGF), one of Europe’s leading seed investors, participated in the first financing round in 2017.
Bonn, Germany, 25 March 2024 – Novo Nordisk and Cardior Pharmaceuticals today announced that N
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Growth push for CI HUB GmbH, Catalyzing Innovation in Content Integration Solutions
Potsdam, 25.03.2024 – Scale Capital, a Danish early stage technology investor with a focus on helping companies accelerate growth in the US market, has announced its investment in CI HUB GmbH, a leading provider of content integration solutions. This significant seven-figure amount from new and existing investors marks a milestone in CI HUB’s journey towards revolutionizing the way corporates and creatives access digital assets and data.
CI HUB specializes in developing innovative
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graswald.ai raises $3.3M seed round to scale the way brands create 3D content with AI
The Hannover-based start-up has secured seed funding to build Canva for 3D, leveraging generative AI to transform 3D creative processes for 3D product visualisation.
Hannover, 20 March 2024 – graswald.ai announced the close of a $3.3 million seed round led by existing investor Lakestar as well as Supernode Global with continued support from existing investor HTGF and further participation from Spatial Computing expert FOV Ventures, Robin Capital, Angel Invest Ventures and Notion Sc
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Tubulis Closes Upsized €128 Million Series B2 to Accelerate Clinical Development of Solid Tumor-Focused ADC Pipeline
Financing round co-led by EQT Life Sciences and Nextech Invest [1], with participation from current and new leading global biotechnology investors
Proceeds will support clinical evaluation of lead solid tumor ADC candidates, TUB-030 and TUB-040, further technology development and expansion into the US
MUNICH, GERMANY, March 14, 2024 – Tubulis today announced the successful completion of an upsized and oversubscribed €128 million ($138.8 million) Series B2 financing. The round
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AI Startup – Tomorrow Things – secures €1.5m to help the manufacturing industry save money by automating system integration efforts
Tomorrow Things simplifies and accelerates the complex digitalization of machines and connects them seamlessly to the industrial internet.
The “Cloud Connect” solution from Tomorrow Things allows non-technical users to create digital twins of machines in minutes – a process that usually takes days, sometimes even weeks. This saves up to 90 percent of costs.
The Bonn-based startup has secured €1.5m in funding to develop an AI-powered operating system for global machinery.
Th
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Breathing through the gut: MedTech startup O11 biomedical secures EIC Accelerator Grant and seed funding to accelerate growth.
Aachen-based MedTech start-up O11 uses the human gut as an alternative respiratory organ to improve the survival rate and quality of life of patients with severe respiratory distress.
O11 successfully closed a seed financing round with High-Tech Gründerfonds and secured an EIC Accelerator Grant.
Product RESPILIQ is rapidly approaching market approval.
Aachen, March 12, 2024 – Aachen-based medical technology start-up O11 biomedical GmbH secured its first seed finan
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Successful Exit for HTGF: Valispace Joins Forces with Altium in a Strategic Acquisition
Altium and Valispace are joining forces to accelerate the execution of a shared vision for empowering engineers.
HTGF was the first institutional investor and led the seed round in 2018 and has closely supported Valispace throughout all phases of their growth journey. As part of the deal HTGF will sell its shares.
Louise Lindblad, co-founder of Valispace: “We’re now excited to, together with Altium, continue our mission of empowering engineers to build great products,
Press
€1.6 million investment for XITO: Seed funding for easily accessible robotics
With the completed seed financing, XITO now has €1.6 million to expand sales and product development.
Toolify Robotics GmbH enables companies to implement robots independently with its XITO solution platform.
Thanks to their product XITO, especially SMEs can get started with automation at low cost – without programming knowledge and without external specialists.
Ulm, 22. February 2024 – The start-up Toolify Robotics, founded by the three robotics experts Dr. Dennis S
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ClimateTech startup Cyclize secures €5 Million in Seed Funding for revolutionary plastic recycling technology
Stuttgart, February 21, 2024 – Cyclize, the ClimateTech startup from Stuttgart, is forging ahead with €4.75 million in startup capital to initiate a revolution in the chemical industry – the goal: To replace fossil resources using innovative carbon recycling of plastic waste and CO2. The funding round is led by UVC Partners, with complementary investments from High-Tech Gründerfonds (HTGF), Aurum Impact, UnternehmerTUM Funding for Innovators, and high-profile business angels, includin