Our Exits

Northworks Software

northwoks develops and publishes top quality browser based sport games using the framework „njin”. This framework was specifically created by northworks in order to economize time, resources and expenses. “njin” offers a competitive edge in technology, which most industry contenders cannot compete with. Already published game titles such as goalunited (football/soccer) and ballersunited (basketball)
were able to win numerous awards (amongst others goalunited: 2nd Place „Best German Sports Game 2007“, German Developers Award, ballersunited: 1st Place „Best Sports Game 2008“, Browser game of
the Year). Both games have convinced more than 1.3 m users already. goalunited has been localized in 15 languages so far.

Exit since Feb. 2010. Purchaser: Travian Games GmbH

Sector: Digital Tech
HTGF-Manager: Dr. Alex von Frankenberg
In portfolio 31. Jul 2007 – 18. Feb 2010


With thousands of premium websites and over 40 million monthly visitors in the DACH region alone, plista is one of the most successful recommendation and ad networks in the German-speaking market. The company has developed a high-quality recommendation technology, which is used for the delivery of personalized reader recommendations as well as for advertisements. The company, founded in 2008, provides services to partners across all of Europe from its Berlin headquarters.

Exit since Dec. 2013. Purchaser: GROUPM Germany GmbH.

Sector: Digital Tech
Website: www.plista.com
In portfolio 17. Jun 2009 – 27. Dec 2013


Digitising music has brought many benefits – but there are also downsides. Music collections are often shared between various devices and media, which can be confusing. Furthermore, the music is only available in the room containing the equipment. Raumfeld is the solution to these problems. The Raumfeld Audio System enables music to be distributed and experienced wirelessly throughout the home. Raumfeld integrates the customer’s music files and brings back the fun of listening to music by providing easy access along with first class sound quality.

Exit since Oct. 2010. Purchaser: Lautsprecher Teufel GmbH.

Website: www.raumfeld.com
HTGF-Manager: Romy Schnelle
In portfolio 22. Oct 2008 – 15. Oct 2010


SOPAT offers an innovative particle measurement technology for the real-time, in-situ analysis of multiphase systems based on imaging. Our technology is very intuitive, as an image says more than a thousand words. The measurement of particles such as drops, grains, cells, or bubbles is now possible with the highest precision in any ongoing process. This newly developed measurement system enables our customers to further optimize chemical, pharmaceutical, and biotechnological processes based on the measured particles and their characteristics.

Exit since July 2014.

Website: www.sopat.de
In portfolio 25. Jan 2013 – 15. Jul 2014


Terrawater produces process water and drinking water out of Sea- and waste water. Additionally it is possible, to concentrate waste water for better disposal.

Exit since Sep. 2011. Purchaser: TAPROGGE ESACO GmbH

HTGF-Manager: Klaus Lehmann
In portfolio 10. Aug 2007 – 16. Sep 2011


textunes is the leading multi-device publishing Platform for publishers’ content on Smartphones and Tablet PCs .

Exit since August 2011.

Sector: Digital Tech
Website: www.textunes.de
HTGF-Manager: Romy Schnelle
In portfolio 23. Apr 2010 – 01. Aug 2011


tiramizoo.com is an online marketplace for delivery services leveraging existing courier and delivery services infrastructure in urban areas. Customers find, book and pay the ideal courier or delivery service online. Local onlineshops can offer fast and green delivery through new checkout options.

Exit since July 2013.

HTGF-Manager: Curtis MacDonald
In portfolio 28. Feb 2011 – 30. Jul 2013


TM3 has developed an enterprise resource planning system (ERP-System) for small and medium-sized companies with a focus on real-time booking and inventory management. Moreover, solutions for claims management and demand forecasting based on artificial intelligence are provided.

Exit since March 2011. Purchaser: S-Refit AG

In portfolio 11. May 2010 – 03. Mar 2011


UroTec’s MukoCell® made of autologous, in vitro cultured mucosa cells. Only a small biopsy needs to be taken from the patient.

Exit since August 2010.

Sector: Life Sciences
HTGF-Manager: Marco Winzer
In portfolio 14. Feb 2008 – 25. Aug 2010

Product Value Systems

Market Logic helps companies to mitigate the risk of wasting enormous budget allocations (typically up to 10% of annual sales) by making sure marketing investments are driven by customer needs and competitor differentiation.

Exit since May 2010.

Sector: Digital Tech
Website: -----
HTGF-Manager: Markus Kreßmann
In portfolio 15. Jun 2006 – 21. May 2010


Vanatec offers with OpenAccess a so-called object-relational mapping tool, which reduces the programming effort regarding data access to relational databases under .NET by 90%, by creating an application and database-independent mapping between object model and data model.

Successful exit since March 2006. Purchaser: Telerik GmbH

Website: www.telerik.com
HTGF-Manager: Dr. Alex von Frankenberg
In portfolio 29. Mar 2006 – 08. Aug 2008


3D Visualisation & Imaging preferred by but not limited to autostereoscopic displays

Exit since Feb. 2010.

HTGF-Manager: Klaus Lehmann
In portfolio 19. Oct 2006 – 10. Feb 2010


mbmSystems develops a technology for the three-dimensional hardcover presentation of maps and other print media.

Exit since April 2012.

Sector: Digital Tech
In portfolio 13. Dec 2006 – 19. Apr 2012


windeln.de is Germany largest online shop for baby care products. The store has launched in October 2010, offering now more than 17.000 different products for the daily need of babys and mothers. windeln.de features more than 200 brands – among them Pampers, HiPP, Avent, Nuk, Penaten, Milupa, Alete, MAM

Exit since January 2013.

Sector: Digital Tech
Website: www.windeln.de
In portfolio 16. Aug 2010 – 29. Jan 2013

ZIM Plant Technology

ZIM Plant Technology GmbH sells a user-friendly, long-term stable, non-invasive, telemetry-based magnet sensor technology that measures continuously the water supply of leaves of intact plants with high precision and in real time under field conditions.

Exit since Nov. 2013. Purchaser: YARA

In portfolio 14. Dec 2010 – 15. Nov 2013


More efficient industrial processes enabled by enhanced safety: Comnovo develops and markets a new radio-based warning system to reduce the accident risk for collisions between persons and vehicles, in particular for forklifts and wheel loaders.

Website: www.comnovo.de
HTGF-Manager: Yann Fiebig
In portfolio 30. Oct 2014 – 30. Jun 2017


Lockbox is the temporary Packstation for your apartment door. With Lockbox you won’t miss any parcels and don’t have to wait for your deliveries anymore.

Exit since November 2016.

Sector: Digital Tech
HTGF-Manager: Dr. Tanja Emmerling
In portfolio 27. Oct 2014 – 04. Nov 2016

Codetrails (Exits)

Codetrails GmbH develops intelligent tools that facilitate knowledge transfer in software development teams. Using Big Data technology, they answer the question: How do I tell the machine what to do?

HTGF-Manager: Jens Baumgärtner
In portfolio 17. Nov 2015 – 13. Jun 2019

Solandeo (Teilexit)

Solandeo provides highly affordable, independent metering and power management solutions that enable the market integration of renewable energy plants. Plant operators benefit from rapid amortisation and the free choice of green energy trader.

HTGF-Manager: Klaus Lehmann
Added to portfolio 12. Jan 2015


cytena's single-cell printer is a unique device for separating, sorting and handling of single biological cells. For the first time this method enables an automated, separation of single cells with high viability and proof of clonality without cross-contamination risks.

Sector: Life Sciences
Website: www.cytena.com
HTGF-Manager: Dr. Lena Krzyzak
In portfolio 13. Apr 2015 – 05. Aug 2019


EnShape GmbH develops, produces and sells highly accurate and very fast 3D sensors, which simplify manifold automation task or even make such possible for the first time.
Purchaser: Cognex

Exit since October 2016.

Website: www.enshape.de
In portfolio 05. Mar 2015 – 27. Oct 2016


B2B software for easy and fast flight booking and management. eWings.com's mission is to make it as easy as possible to find, book and manage flights via web and mobile. The ideal travel companion for the professional frequent flyer. eWings.com sorts flight itineraries by stress - weighted by cheapest price, duration and stop-overs. The top search results are the best itineraries, always. Flights are presented on a time table to identify uncomfortable flights as easy as possible. eWings.com's focus is to provide the most simple booking process ever.
Purchaser: Hogg Robinson Group

Sector: Digital Tech
Website: eWings.com
In portfolio 14. Apr 2015 – 23. May 2017


payever was founded to make commerce easier for businesses of all types and sizes. The company provides a modular SaaS solution to sell everywhere and accept all payments.

Sector: Digital Tech
Website: www.payever.de
HTGF-Manager: Dr. Tanja Emmerling
In portfolio 26. Jun 2015 – 09. Jan 2018

Emma Sleep (Bettzeit)

"Sleep Happier" - that is the main goal of Emma Sleep according to which the Startup develops and sells products for a better sleep. Key products include mattresses, pillows and boxspring beds under the main brands Emma and Dunlopillo. Emma Sleep is one of the fastest-growing tech and e-commerce companies in Europe with over 185 employees from 30 nations at its headquarters in Frankfurt, Germany. The products are inspiring people in over 15 countries, which are available both online and in many countries via cooperation partners in brick & mortar retail stores. In addition, the products have already won several international awards – as the team has developed their own technologies and continues to work every day to deliver happier sleep.

HTGF-Manager: Dr. Tanja Emmerling
Added to portfolio 14. Jul 2015


Gravit GmbH was founded in November 2015 in Berlin. Gravit develops an innovative web-based design software (Gravit Designer) that allows everyone to create effortlessly all kinds of professional design, including web and screen design, mobile design, logos, flyers, business cards and more.

Gravit Designer is completely based on HTML5, CSS and JavaScript, which allows it to run smoothly in any modern browser and operating system. The unique technology behind Gravit allows designs to be stored and saved automatically in the cloud and designers and design teams can easily collaborate from anywhere.

The intuitive user interface of Gravit Designer encourages even beginners to create their own designs and layouts. The Gravit team will be providing all the necessary knowledge about using the design tool in a Design Academy section in the website. Furthermore, Gravit will offer a marketplace with ready-to-use design templates, which can be purchased and adapted easily for anyone's needs.

Website: www.gravit.io
Added to portfolio 15. Dec 2015


connected-health.eu develops LifeTime - The easy smartphone connection to doctors
LifeTime enables doctors and patients to easily share health data via smartphone - even offline. The LifeTime-system consists of two components: Lifehub - a piece of connective hardware for doctor’s offices and hospitals and the LifeTime app for patients. By bringing their smartphone close to the LifeHub patients can share relevant information for the treatment with their doctors or take medical findings and other documents with them on their smartphones.

Sector: Life Sciences
In portfolio 17. Dec 2015 – 17. Aug 2017


bentekk develops gas measurement instruments for detecting toxic pollutants in industrial applications.
10x faster measurements at lower total cost enable regulatory compliance and increase workplace safety.

Website: www.bentekk.com
HTGF-Manager: Lucille Bonnet
Added to portfolio 18. Mar 2016

sunhill technologies(Exit)

sunhill technologies GmbH develops and implements cashless payment processes using mobile telephones in cooperation with the leading German and European mobile operators.

Sector: Life Sciences
HTGF-Manager: Jens Baumgärtner
In portfolio 13. Nov 2008 – 21. Jul 2015


Amedrix develops & produces three dimensional implants (gel and liquid) based on collagen. Focus: treatment of articular cartilage damage in human an horse and other promising application areas. CE-mark for the cartilage repair product is granted & successfully used in patients.

Sector: Life Sciences
Website: www.amedrix.de
HTGF-Manager: Dr. Martin Pfister
In portfolio 01. Dec 2009 – 15. Jul 2013

AQ Implants

The core competency of AQ Implants GmbH is the endoprosthetic reconstruction of severe and complex defects and anomalies. With the development of innovative implant systems AQ Implants GmbH provides surgeons with various surgical options to reconstruct a wide variety of defects.

Under the brand name REVISIO they offer a complete range of implants for the treatment of revision and tumour cases, from easy revision cases to modular-complex defect treatments.

Sector: Life Sciences
HTGF-Manager: Dr. Martin Pfister
In portfolio 29. Aug 2011 – 18. May 2012