Dr. Ulrich Schmitt to become new Partner at High-Tech Gründerfonds
April 4, 2023
Bonn, 4 April 2023 – Dr. Ulrich Schmitt (37) has been appointed a new Partner at High-Tech Gründerfonds (HTGF), one of Europe’s leading seed investors, with effect from 1 April 2023. The former management consultant has been a member of HTGF’s digital tech team since 2017, most recently as Principal.
His investments have been focused on the field of B2B software, particularly in the areas of cyber security, IT infrastructure and fintech. His portfolio of companies includes cyber security pioneers Code Intelligence and VMRay, financial service provider Banxware and software-as-a-service greentech firm node.energy. With his proven expertise in strategic, business and organisational development, he has completed around 50 transactions at HTGF and guided four start-ups to a successful exit, including email cloud security provider Hornetsecurity. In his role as Partner, he will now use his experience to further support HTGF’s digital tech activities from its office in Bonn.
Dr. Schmitt studied mathematics at the University of Cambridge in the UK. After completing his doctoral degree in the field of number theory at Heidelberg University, he started his career as a consultant at the top management consulting firm Bain & Company.
In Dr. Ulrich Schmitt, we welcome a very experienced investment manager to our circle of partners. He has proven expertise in developing innovative B2B tech start-ups and has already made very valuable contributions to HTGF and the start-up ecosystem during his time at HTGF. We are delighted that he will now pass on his experience as Partner at HTGF.
Dr. Alex von Frankenberg, Managing Director of HTGF
I’m excited to play an active part in shaping HTGF and its digital tech activities in this new role. Working with entrepreneurs who look to challenge the status quo and build large companies is something that inspires me. With my experience, I’d like to help ensure that HTGF continues to be the best possible partner for these entrepreneurs from the seed phase onwards.”
Dr. Ulrich Schmitt, Partner at HTGF
About High-Tech Gründerfonds
The seed investor High-Tech Gründerfonds (HTGF) finances tech start-ups with growth potential and has supported 700 start-ups since 2005. With the launch of its fourth fund, HTGF now has about 1.4 billion euros under management. Its team of experienced investment managers and start-up experts support young companies with expertise, entrepreneurial spirit and passion. HTGF’s focus is on high-tech start-ups in the fields of digital tech, industrial tech, life sciences, chemistry and related business areas. To date, external investors have injected more than 4.5 billion euros of capital into the HTGF portfolio via more than 2,000 follow-on financing rounds. In addition, HTGF has already successfully sold shares in more than 160 companies.
Fund investors in this public-private partnership include the German Federal Ministry for Economic Affairs and Climate Action, KfW Capital and 45 companies from a wide range of industries.
High-Tech Gründerfonds Management GmbH
Stefanie Grüter, Partner Communications & Relations
T.: +49 228 – 82300 – 188
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