Preparations for fundraising for the new fund have now begun, according to the High-Tech Founders FundLike its predecessors, HTGF IV is designed to support startups in the early stages of their venture financing. It focuses particularly on the areas of digital tech, industrial tech, chemicals, and life sciences. At the same time, the seed investor relies on the network concept: HTGF IV, like the other funds before it, aims to bring together private companies with young, innovative entrepreneurs. In addition to investors in the existing funds, other medium-sized and large companies have already expressed interest in the planned fund generation.
The investors in the public-private partnership include the Federal Ministry for Economic Affairs and Energy. Federal Minister for Economic Affairs Peter Altmaier explained:
"Startups are an important driver of innovation and the economy. The excellent work that the HTGF has been doing for around 16 years has contributed to this. I am very pleased that we can now continue and expand on this path. With the HTGF IV, we are investing in a new generation of founders who, with their ideas and companies, are making a decisive contribution to Germany's innovative strength and the competitiveness of German companies."
“Successful investor and important sparring partner”
Alex von Frankenberg, Managing Director of High-Tech Gründerfonds, says:
"The HTGF has demonstrated in the past that it is both a successful investor and an important sparring partner for young startups. We already work closely with more than 30 fund investors. We have demonstrated that the participating corporate investors derive significant added value from collaborating with portfolio companies. Furthermore, our fund investors are at the cutting edge of innovation, recognize new technology trends and innovative business models, and gain access to co-investment opportunities and a wealth of expertise. We are very pleased to continue to act both as an investor and as a platform for exchange between corporations, medium-sized businesses, and family businesses, and to invest in the future potential of the German economy with the HTGF IV."
