Triangle Venture Capital Group

Triangle Fund I, managed by Triangle Venture Capital Group, is a Germany-based venture capital firm established in 1997, with an exclusive focus on investments in research spin-offs and early-stage startups. The firm has a strong track record, having advised three generations of funds and managing over €100 million. It has invested in various sectors, including information technology, healthcare, and clean technology, leading investments in 16 startup companies and completing over 100 transactions, which include follow-on funding rounds and exits. Triangle has committed approximately €150 million to these companies, leveraging both its own funds and those from co-investors. Additionally, Triangle's commitment to supporting entrepreneurs led to the creation of FunderNation, a crowdinvesting platform that combines venture capital expertise with community engagement.

Xin Chen Ph.D

Venture Partner and Investment Manager

Hans-Henning Doerr

CFO and Partner

Uli W. Fricke

Managing General Partner

François Gaillard

Partner

Bernd Geiger Ph.D

Founding Partner and Managing Director

Joerg Kreisel

Venture Partner

Wiebke Langhans

Partner

Anthony Park

Venture Partner

Dirk Raab

Partner, CFO

John Rosati

Venture Partner

Vitalijs Stafejevs

Financial Analyst

Damian Wozniak

Managing Partner

11 past transactions

Argos Therapeutics

Series E in 2013
Argos Therapeutics, Inc. was a biotechnology company based in Durham, North Carolina, focused on developing individualized immunotherapies for cancer, infectious diseases, and autoimmune disorders. Utilizing its proprietary Arcelis technology platform, the company aimed to create personalized treatments, including rocapuldencel-T, which was undergoing Phase III clinical trials for metastatic renal cell carcinoma, and AGS-004, in Phase II trials for human immunodeficiency virus. Argos also explored therapies for transplant rejection and autoimmune diseases, with products in various stages of development targeting conditions such as lupus and other inflammatory disorders. Founded in 1997, the company was previously known as Merix Bioscience, Inc. However, Argos Therapeutics ceased operations and filed for Chapter 7 bankruptcy on September 24, 2019.

xaitment

Venture Round in 2010
xaitment is a provider of artificial intelligence software designed for video game and simulation developers. Founded in 2004 by Andreas Gerber and headquartered in Quierschied, Germany, the company offers a suite of AI software development kits (SDKs) that enhance game development processes. Its products include xaitMap for automatic navigational mesh generation and pathfinding, xaitControl for character behavior modeling, xaitKnow for knowledge management within the game world, and xaitThink for high-level behavior modeling. In addition to software, xaitment provides support services such as help desk assistance and project-specific feature development. The company serves a diverse clientele, including game studios, defense and simulation sectors, middleware and technology partners, as well as academic institutions, and operates additional offices in the United States, England, China, Korea, and Japan.

TakWak

Series A in 2010
TakWak GmbH, a Munich, Germany-based producer of a device that can be compared with digital cameras or mp3 players.

iOpener

Series B in 2008
iOpener Media GmbH is a technology company based in Aachen, Germany, specializing in the integration of real-world competitive events into virtual environments. By utilizing patented satellite navigation technology, iOpener enables gamers to engage in competitions virtually and in real time. The company's innovative approach allows for the mapping of actual events to digital platforms, enhancing the gaming experience with real-time data. iOpener has also participated in initiatives such as the European Space Agency Business incubation initiative, underscoring its commitment to leveraging advanced technology in the gaming industry.

iOpener

Series A in 2008
iOpener Media GmbH is a technology company based in Aachen, Germany, specializing in the integration of real-world competitive events into virtual environments. By utilizing patented satellite navigation technology, iOpener enables gamers to engage in competitions virtually and in real time. The company's innovative approach allows for the mapping of actual events to digital platforms, enhancing the gaming experience with real-time data. iOpener has also participated in initiatives such as the European Space Agency Business incubation initiative, underscoring its commitment to leveraging advanced technology in the gaming industry.

iPharro

Series A in 2007
iPharro Media is a leading provider of digital asset management solutions, specializing in video content identification, monetization, and protection. The company's flagship product, iPharro MediaSeeker, utilizes advanced software and patent-pending video fingerprinting technology to analyze and identify video clips efficiently. By comparing content against a comprehensive database of known video information, iPharro enables clients to monitor multiple broadcast channels and effectively manage their media assets throughout the value chain. This innovative approach allows businesses to optimize their media strategies and safeguard their video content, enhancing both operational efficiency and revenue potential.
Klastech Karpushko Laser Technology engages in the development, manufacture, and sale of diode pumped solid state lasers. Its products are core models of lasers in green and blue spectrum range. Klastech Karpushko Laser Technology’s lasers are used in equipment for semiconductor production and pharmaceutical industries, and in scientific applications. It began operation in 2006, with its headquarters in Dortmund in Germany as a subsidiary of Power Technology as of January 30, 2013.

fg microtec

Venture Round in 2006
fg microtec GmbH provides multimedia applications for 2.5G, 3G, and WLAN mobile phones. Its products include OMA/IMS compliant push-over-cellular clients, IMS and SIP based VoIP solutions, videotelephony, and video sharing over 3G and WLAN networks. The company also provides embedded software solutions, push to talk over cellular solutions, embedded applications, layered architectures, OMA enabler conformance tests, and data streams and protocols. It serves mobile phone manufacturers. The company was founded in 2000 and is based in Munich, Germany with an additional office in Zagreb, Croatia.

xaitment

Series A in 2006
xaitment is a provider of artificial intelligence software designed for video game and simulation developers. Founded in 2004 by Andreas Gerber and headquartered in Quierschied, Germany, the company offers a suite of AI software development kits (SDKs) that enhance game development processes. Its products include xaitMap for automatic navigational mesh generation and pathfinding, xaitControl for character behavior modeling, xaitKnow for knowledge management within the game world, and xaitThink for high-level behavior modeling. In addition to software, xaitment provides support services such as help desk assistance and project-specific feature development. The company serves a diverse clientele, including game studios, defense and simulation sectors, middleware and technology partners, as well as academic institutions, and operates additional offices in the United States, England, China, Korea, and Japan.

fg microtec

Series B in 2005
fg microtec GmbH provides multimedia applications for 2.5G, 3G, and WLAN mobile phones. Its products include OMA/IMS compliant push-over-cellular clients, IMS and SIP based VoIP solutions, videotelephony, and video sharing over 3G and WLAN networks. The company also provides embedded software solutions, push to talk over cellular solutions, embedded applications, layered architectures, OMA enabler conformance tests, and data streams and protocols. It serves mobile phone manufacturers. The company was founded in 2000 and is based in Munich, Germany with an additional office in Zagreb, Croatia.

Attensity

Series B in 2003
Attensity Europe GmbH, based in Saarbrücken, Germany, specializes in response management software for customer interaction management. As a pioneer in natural language processing and sentiment analysis, Attensity provides corporate insight solutions that enable Global 1000 companies to extract and contextualize information from both structured and unstructured data across various channels. Utilizing advanced semantic technologies and analytics, Attensity's software applications facilitate the interpretation of large volumes of data, which helps organizations enhance customer experiences, manage brand equity, and inform business strategies. By leveraging these insights, businesses can improve revenue and mitigate risks associated with customer relationships.
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