tecnet equity NÖ Technologiebeteiligungs-Invest GmbH

tecnet equity NÖ Technologiebeteiligungs-Invest GmbH is a venture capital firm specializing in early stage investments, equity investments, start-up, growth, seed stage, expansion, spin-offs, and the first financing round in SME's and expanding companies. The firm seeks to invest in the technology sector with a focus on industrial technologies, information and communication technologies, life science, material sciences, materials, biotechnology, and environmental technologies. It targets investments in companies based in lower Austria and in select cases, adjacent provinces or neighboring countries. The firm prefers to invests between €0.10 million ($0.13 million) and €3 million ($3.19 million) in its portfolio companies. The firm also provides services for patents, incubation, and technology projects. It was set up by the Government of Austria. The firm exits its investment after three to eight years. tecnet equity NÖ Technologiebeteiligungs-Invest GmbH was founded in 2003 and is based in St. Pölten, Austria with an additional office in Vienna, Austria.