Profilable Exit – HTGF sells its LEDeXCHANGE Shares to other investors

May 21, 2014

During the course of the latest financing round, High-Tech Gründerfonds sold its LEDeXCHANGE Shares through a profitable Secondary Transaction to a private Investor. 

LEDeXCHANGE, founded in 2011, is an innovative Startup multi-award winner selling proprietary LED Lamps and Tubes.  LEDeXCHANGE is now present in over 10 locations in Germany and in several European countries.

In 2012, High-Tech Gründerfonds invested in LEDeXCHANGE. In March 2013 LEDeXCHANGE acquired further capital from WFT in Rhineland-Palatinate and consolidated its position as a leading B2B supplier of LED lamps in Germany. With a third financing round in April 2014 the company is well situated for further expansion and High-Tech Gründerfonds decided to sell its shares to the new investor, who chose not to be named.

Dr. Guillem Sague, Investment Manager at HTGF responsible for the LEDeXCHANGE investment, explained, “We are very happy, that already after 18 Months we’ve been able to realize a profitable exit from this investment.  The company and the market have proven that there is a strong need for LED lamps”.

About High-Tech Gruenderfonds
High-Tech Gruenderfonds invests in young, high potential high-tech start-ups. The seed financing provided is designed to enable start-ups to take an idea through prototyping and to market launch. Typically, High-Tech Gruenderfonds invests EUR 500,000 in the seed stage, with the potential for up to a total of EUR 2 million per portfolio company in follow-on financing. Investors in this public/private partnership include the Federal Ministry of Economics and Energy, the KfW Banking Group, as well as strategic corporate investors including ALTANA, BASF, Bayer, B. Braun, Robert Bosch, CEWE, Daimler, Deutsche Post DHL, Deutsche Telekom, Evonik, Lanxess, media + more venture Beteiligungs GmbH & Co. KG, METRO, Qiagen, RWE Innogy, SAP, Tengelmann and Carl Zeiss. High-Tech Gruenderfonds has about EUR 576 million under management in two funds (EUR 272 million HTGF I, EUR 304 million HTGF II).

High-Tech Gründerfonds Management GmbH
Dr. Guillem Sagué
Investment Manager
Schlegelstraße 2
53113 Bonn
Phone: +49 228 823001-00
Fax: +49 228 823000-50

Stay up to date

Subscribe now and receive the latest press releases on investments and other news from High-Tech Gründerfonds. We inform you about important developments at HTGF and provide you with interesting news from our portfolio. Whether it’s a successful exit, a new exciting investment or HR news – you’ll be the first to know!

12. June 2024

New component for Germany’s Future Fund: HTGF Opportunity Fund launches with €660 million for growth-phase investments

Through the new fund, HTGF will be able to invest in selected HTGF portfolio companies. The objective of the HTGF Opportunity Fund is to increase the volume of later-stage financing rounds in the HTGF portfolio as required. Tenth Future Fund component added – another measure taken by the German government as part of its start-up strategy, helping to strengthen the country’s profile as a start-up hub. HTGF is one of Germany’s most active early-stage investors. Since its i
6. June 2024

SmartLoC secures 1.8 million Euros seed funding to revolutionize international trade payments

Hamburg, Germany – 6 June 2024 – SmartLoC, a pioneering startup focused on developing a cutting-edge, fully digital B2B payment solution based on the monitoring of shipments and specifically tailored for international trade, today announces the successful closure of its seed round, raising a total of 1.8 million euros. The round is led by High-Tech Gründerfonds (HTGF), one of the leading seed investors in Europe. Other investors include Loggerhead -Ventures, an early stage climatech VC