High-Tech Gründerfonds

High-Tech Gründerfonds Management GmbH is a venture capital firm based in Bonn, Germany, specializing in early-stage investments in high-tech startups. Established in 2005, the firm focuses on technology-driven companies across various sectors, including information and communication technology, life sciences, healthcare, automation, and cleantech. HTGF typically invests in companies that have been operational for no more than one year, aiming to contribute up to €0.6 million in initial funding and up to €3 million in follow-on financing. The firm seeks a minority stake, generally around 15%, and provides a subordinated loan convertible into equity, with deferred interest for up to four years to support liquidity. With a total investment volume of approximately €895.5 million across three funds, HTGF has successfully supported over 500 startups and attracted more than €2 billion in follow-on investments from external sources. The firm's investors include notable public and private entities, underscoring its role as a key player in fostering innovation and growth within the German startup ecosystem.

Daniela Bach

Principal and Authorized Signatory

Kay G. Balster

Senior Investment Manager

Jens Baumgärtner

Principal and Authorized Signatory

Gernot Berger

Investor

Kilian von Berlichingen

Investor

Anke Cassing

Principal

Tanja Emmerling

Partner

Caroline Fichtner

Senior Investment Manager

Yann Fiebig

Investment Manager

Alexander von Frankenberg

Managing Director and Founder

Bernd Goergen

Partner

Stefanie Grüter

Partner, Communications and Relations

Gregor Haidl

Principal / Authorised Signatory

Frank Hensel

Senior Investment Manager

Olaf Joeressen

Senior Investment Manager

Markus Kressmann

Partner

Maurice Kügler

Investment Manager

Klaus Lehmann

Senior Investment Manager

Dominik Lohle

Senior Investment Manager

Torsten Löffler

Principal ppa. - DeepTech Future Fonds

Fabian Mohr

Investor

Martin Möllmann

Investment Manager

Axel Nitsch

Investment Manager

Andreas Olmes

Principal and Authorized Signatory

Katharina Peters

Investment Manager

Tilmann Petersen

Investment Manager

Claudia Raber

Partner

Nikolaus Raupp

Investor

Frank Reinecke

Partner

Guido Schlitzer

Managing Director

Ulrich Schmitt

Principal

Romy Schnelle

Partner

Tobias Schulz

Principal and Authorized Signatory

Katharina Severin

Investment Manager

Niels Sharman

Investor

Esko Stahl

Investment Manager

Björn Sykora

Principal and Authorized Signatory

Angelika Vlachou

Partner

Johannes Weber

Principal

Marco Winzer

Partner

Julian Zachmann

Investor

Christian Ziach

Principal and Authorized Signatory

Markus Kückelhaus Ph.D

Partner, Industrial Tech Team

Past deals in Embedded Software

Emproof

Seed Round in 2022
Emproof provides security solutions for embedded systems that address multiple layers of the software security stack. Emproof was founded in 2017 and was headquartered in Bochum, Germany.

Code Intelligence

Series A in 2022
Code Intelligence GmbH, founded in 2017 and based in Bonn, Germany, specializes in developing security software aimed at enhancing the reliability and security of software applications. The company offers modern security testing solutions utilizing coverage-based fuzzing techniques, which enable automated vulnerability detection and error checking with minimal expert intervention. Its products are designed for use by software developers, quality managers, and IT security firms, facilitating a continuous testing infrastructure that integrates the latest advancements in software testing technology. Code Intelligence serves prominent global clients, including Bosch, Deutsche Börse Group, and Deutsche Telekom, helping them ensure the security and robustness of their software systems.

Emteria

Seed Round in 2020
Emteria GmbH, founded in 2017 and based in Aachen, Germany, specializes in developing emteria.OS, a customized Android operating system tailored for industrial applications. The company provides a comprehensive suite for building, extending, and maintaining embedded Android platforms, which includes features such as an intuitive interface, up-to-date security, and access to millions of apps. Emteria also offers long-term support, device configuration, remote updates, application control, and data monitoring services. Its system is designed to meet the specific needs of professional environments, supporting features like kiosk mode and remote access, thereby enabling clients to efficiently create, scale, and operate Android-based IoT devices.

Erium

Seed Round in 2020
Erium GmbH develops software for creating artificial intelligence (AI) models. The company offers HALerium, a software that allows people from various disciplines to create their own AI models. It enables process experts, engineers, and production managers to create the models independently. It helps in forensics, prediction, and control. The company was founded in 2019 and is headquartered in Garching bei München, Germany.

Code Intelligence

Seed Round in 2018
Code Intelligence GmbH, founded in 2017 and based in Bonn, Germany, specializes in developing security software aimed at enhancing the reliability and security of software applications. The company offers modern security testing solutions utilizing coverage-based fuzzing techniques, which enable automated vulnerability detection and error checking with minimal expert intervention. Its products are designed for use by software developers, quality managers, and IT security firms, facilitating a continuous testing infrastructure that integrates the latest advancements in software testing technology. Code Intelligence serves prominent global clients, including Bosch, Deutsche Börse Group, and Deutsche Telekom, helping them ensure the security and robustness of their software systems.

Inecosys

Seed Round in 2018
The Inecosys GmbH with headquarters in Munich and Neuried is an innovative company in the field of engine development. They support their customers in the implementation of prototypes and close-to-production solutions through measurement data acquisition, test bench control, cylinder pressure indexing and engine control units.

Ferroelectric Memory GmbH

Seed Round in 2017
Ferroelectric Memory GmbH provides embedded nonvolatile memory solutions (eNVM) based on ferroelectric hafnium oxide (FE-HfO2). It provides its technology to semiconductor manufacturers and fabless companies to utilize in fabs and chip designs. The company is based in Dresden, Germany.

Synapticon

Venture Round in 2017
Synapticon GmbH specializes in advanced components and engineering services for cyber-physical systems, focusing on embedded computing products for applications in service robotics, industrial automation, and related fields. Founded in 2010 and based in Gruibingen, Germany, the company offers a range of products including distributed real-time control and data acquisition modules, mobile stream computing modules for compute-intensive applications, and tools for configuring Synapticon-based hardware systems. Additionally, Synapticon provides cloud services for maintenance and integration with web-based applications, as well as development services for robotics. The company's innovative approach integrates traditionally separate components—such as motors, drives, sensors, and gearboxes—into cohesive units, digitalizing performance and quality factors to enhance motion control systems. Synapticon's solutions cater to various industries, including home automation, smart grids, and the Internet of Things, making it a preferred partner for OEMs and professional users seeking to advance their technologies.

CommSolid

Seed Round in 2016
CommSolid GmbH is a cellular intellectual property company based in Dresden, Germany, specializing in ultra-low power modem solutions for the Internet of Things (IoT) market. Founded in 2015, the company develops baseband IP solutions that can be integrated into customer integrated circuits, facilitating communication for smart applications across various sectors, including health care, smart home technology, transportation, logistics, and industrial systems. Their flagship product, the CommSolid CSN130, is designed specifically for ultra-low power cellular communication, catering to the demands of the NarrowBand-IoT standard. By leveraging over a decade of experience in wireless communication, CommSolid provides optimized and easily integrable solutions that enable a wide range of devices and sensors to connect directly to the Internet, thus enhancing modern living through advanced technology. As of early 2018, CommSolid operates as a subsidiary of Goodix Technology.

CardioSecur

Series A in 2013
CardioSecur, developed by Personal MedSystems GmbH, is a mobile ECG system designed for smartphone use that enables users to monitor heart rate and rhythm, as well as detect circulation disturbances such as infarctions. Founded in 2008 and based in Frankfurt am Main, Germany, the company focuses on creating innovative and user-friendly health monitoring solutions. CardioSecur specializes in advanced 12-lead ECG technology that utilizes a reduced number of electrodes, ensuring both sophistication and ease of use. The company's goal is to provide professional-grade ECG systems that can be integrated into personalized applications, making cardiac monitoring accessible to individuals.

Ondeso

Seed Round in 2013
Ondeso GmbH, founded in 2010 and based in Regensburg, Germany, specializes in security software management systems tailored for production environments. The company's offerings include secure patch management, release management, USB storage management, and software deployment specifically designed for manufacturing and infrastructure sectors. Ondeso's software enables companies to define their own processes for release and security management, allowing for time-independent operations within maintenance windows. Key features of Ondeso's solutions include USB Lock, operating system patch management, antivirus definition updates, imaging, and data lock capabilities for process networks, making them adaptable across various manufacturers.

Synapticon

Seed Round in 2012
Synapticon GmbH specializes in advanced components and engineering services for cyber-physical systems, focusing on embedded computing products for applications in service robotics, industrial automation, and related fields. Founded in 2010 and based in Gruibingen, Germany, the company offers a range of products including distributed real-time control and data acquisition modules, mobile stream computing modules for compute-intensive applications, and tools for configuring Synapticon-based hardware systems. Additionally, Synapticon provides cloud services for maintenance and integration with web-based applications, as well as development services for robotics. The company's innovative approach integrates traditionally separate components—such as motors, drives, sensors, and gearboxes—into cohesive units, digitalizing performance and quality factors to enhance motion control systems. Synapticon's solutions cater to various industries, including home automation, smart grids, and the Internet of Things, making it a preferred partner for OEMs and professional users seeking to advance their technologies.

Microstim

Venture Round in 2011
Microstim GmbH develops a tissue and function maintaining implantable myostimulator designed to assist the heart. Particular strengths of Microstim GmbH are the microcontroller acquisition and processing of data, control of cardiac and muscle stimulator impulses, and wireless “in-body”-communication. At the national business plan contest “Science4Life” in 2008, Microstim GmbH was one of ten winners in the concept phase category.

ubigrate

Series B in 2010
ubigrate is specialised powerful integration software to connect enterprise software with data from various intelligent devices, such RFID, Barcode, sensors, PLCs, industrial scales, and others. The company develops its own range of software products for process data capture in production and logistics. It is offered in the SaaS model under the "Geqoo" brand (see http://geqoo.ubigrate.com). ubigrate is also active in licencing its technology in the form of OEM-products for other technology companies.

SemiLev

Venture Round in 2010
SemiLev GmbH develops and markets Equipment Frontend Modules (EFEMs) and sorters for wafer-handling in the semiconductor industry. The company was founded in 2010 and is based in GroЯwallstadt, Germany.

SurgicEye

Series A in 2010
SurgicEye GmbH, founded in 2008 and based in Munich, Germany, specializes in developing intra-operative imaging and instrument navigation solutions for surgical procedures. The company offers products such as declipse SPECT open surgery, which utilizes handheld 3-D freehand SPECT imaging technology for navigated radio-guided surgery, and declipse SPECT Laparascopy, an intraoperative 3D imaging system designed for invasive sentinel lymph node biopsy. Additionally, SurgicEye provides the declipse SPECT imaging probe, a compact mobile SPECT imaging solution with high resolution. Beyond its product offerings, SurgicEye also offers consulting services in medical device development, including requirement engineering, software specification, software development, and testing, as well as support for the design and execution of clinical studies.

SciEngines

Venture Round in 2010
SciEngines GmbH, founded in 2007 and based in Kiel, Germany, specializes in developing FPGA-based reconfigurable high-performance computing solutions tailored for applications in natural sciences, finance, and IT security. The company offers a cloud computing platform that addresses the computational requirements of science and engineering, providing parallel reconfigurable computing products suitable for large-scale data analysis. SciEngines' technology allows for customizable computing resources, emphasizing factors such as raw processing power, data throughput, or memory, enabling software vendors to enhance the performance of their existing algorithms and applications.

Sim4tec

Venture Round in 2009
sim4tec provides comprehensive simulation software in the field of organic electronics for a variety of different applications. All software products come with an intuitive and user-friendly interface from which the user can quickly communicate with the calculation kernel. This enables fast learning cycles and a detailed understanding of the physical processes involved. Furthermore, developers of commercial products may benefit from a reduced time-to-market and a significant reduction of R&D costs by using our simulation software.

ubigrate

Seed Round in 2009
ubigrate is specialised powerful integration software to connect enterprise software with data from various intelligent devices, such RFID, Barcode, sensors, PLCs, industrial scales, and others. The company develops its own range of software products for process data capture in production and logistics. It is offered in the SaaS model under the "Geqoo" brand (see http://geqoo.ubigrate.com). ubigrate is also active in licencing its technology in the form of OEM-products for other technology companies.

Microstim

Seed Round in 2009
Microstim GmbH develops a tissue and function maintaining implantable myostimulator designed to assist the heart. Particular strengths of Microstim GmbH are the microcontroller acquisition and processing of data, control of cardiac and muscle stimulator impulses, and wireless “in-body”-communication. At the national business plan contest “Science4Life” in 2008, Microstim GmbH was one of ten winners in the concept phase category.

SurgicEye

Seed Round in 2008
SurgicEye GmbH, founded in 2008 and based in Munich, Germany, specializes in developing intra-operative imaging and instrument navigation solutions for surgical procedures. The company offers products such as declipse SPECT open surgery, which utilizes handheld 3-D freehand SPECT imaging technology for navigated radio-guided surgery, and declipse SPECT Laparascopy, an intraoperative 3D imaging system designed for invasive sentinel lymph node biopsy. Additionally, SurgicEye provides the declipse SPECT imaging probe, a compact mobile SPECT imaging solution with high resolution. Beyond its product offerings, SurgicEye also offers consulting services in medical device development, including requirement engineering, software specification, software development, and testing, as well as support for the design and execution of clinical studies.

mimoOn

Venture Round in 2008
mimoOn GmbH specializes in developing LTE software for mobile devices and wireless infrastructure. The company offers a range of solutions, including scalable and modular infrastructure software families for small cells and terminals, which enable equipment manufacturers to leverage the advantages of software-defined radio (SDR) technology. Their products encompass physical layer and protocol stack implementations, advanced scheduling capabilities, and support for self-organizing networks. Additionally, mimoOn provides comprehensive services for porting, optimization, and verification of its software, along with a roadmap for future 3GPP releases. This focus on innovation positions mimoOn as a leader in the LTE software market.

Sim4tec

Venture Round in 2008
sim4tec provides comprehensive simulation software in the field of organic electronics for a variety of different applications. All software products come with an intuitive and user-friendly interface from which the user can quickly communicate with the calculation kernel. This enables fast learning cycles and a detailed understanding of the physical processes involved. Furthermore, developers of commercial products may benefit from a reduced time-to-market and a significant reduction of R&D costs by using our simulation software.

Kröhnert Infotecs

Venture Round in 2007
Kröhnert Infotecs GmbH engages in the development and production of embedded systems for condition monitoring. It offers solutions for the prevention of failures of technical machines. The company’s system analyzes the behaviour of machines, and signals noise and parameters. Kröhnert’s embedded systems are provided to early recognize effects that cause future machine failures and deviations of machine behaviour. It supports manufacturers and operators of technical machines and plants with tools for condition monitoring and tele service. The company is based in Baden, Germany.

mimoOn

Venture Round in 2006
mimoOn GmbH specializes in developing LTE software for mobile devices and wireless infrastructure. The company offers a range of solutions, including scalable and modular infrastructure software families for small cells and terminals, which enable equipment manufacturers to leverage the advantages of software-defined radio (SDR) technology. Their products encompass physical layer and protocol stack implementations, advanced scheduling capabilities, and support for self-organizing networks. Additionally, mimoOn provides comprehensive services for porting, optimization, and verification of its software, along with a roadmap for future 3GPP releases. This focus on innovation positions mimoOn as a leader in the LTE software market.

eWave Interactive

Venture Round in 2006
eWave Interactive GmbH offers multiagent and AI technology that enables the video game industry to develop video and mobile games. Its products include eWave GameServer, a platform for multiplayer mobile games using GPRS or UMTS; eWave LicenceServer, a tool for copyright protection of video and mobile games; and eWave Synapse, an AI engine based on argumentation technology. eWave Interactive GmbH was founded in 2006 and is based in Ravensburg, Germany.

Netccm

Series A in 2006
The company netCCM GmbH is a world leader in software development for software architecture analysis, source code reengeneering and source code organization for reuse in different projects. With netCCM Studio it is possible to reduce development time of software into 2 times and to organize source code in such a way that many standard parts can be used many times in different projects. Today netCCM Studio works with most popular programming languages like Java, C, C++, C# and PHP.

Symtavision

Venture Round in 2006
Symtavision GmbH provides timing-analysis solutions for processors, control-units, buses, and integration for the automotive and consumer electronics markets. Its tool suite detects bottlenecks arising from software and system integration, understands and debugs timing errors, compare alternatives, and optimize systems. The company's products include analysis engine, plug-ins, and import and export interfaces. It also offers services, including customizations and special analyses, such as requirements analysis and product selection, realization of tool interfaces and integration into existing design flows, analysis libraries for special components, and plug-ins for increased productivity; and analysis and optimization services, including identification and selection of data, analysis and optimization of systems based on given data, and support for performance specification sheets between OEM and supplier. Symtavision GmbH was founded in 2005 and is based in Braunschweig, Germany.

Dresden Silicon

Venture Round in 2005
Dresden Silicon GmbH develops semiconductor intellectual property solutions for multistandard multimedia applications. Its signal processing solutions enable lowering of battery consumption of mobile devices. The company was founded in 2005 and is headquartered in Dresden, Germany.
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