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 Hardware

Valispace

Seed Round in 2022
Valispace GmbH, founded in 2015 and based in Bremen, Germany, offers a browser-based engineering software platform designed to enhance productivity in the development of complex hardware products such as satellites, rockets, robots, and drones. This tool serves as a collaborative environment for engineers, managing non-CAD data and engineering values through a centralized data hub, which acts as a single source of truth. Valispace’s software allows for effective technical change management by automatically propagating changes across documents and simulations. It provides comprehensive administrative and budget management features, as well as tools for interface management and documentation. By streamlining the handling of dynamic engineering data, Valispace enables users to improve development speed, quality, and cost efficiency across their projects.

QphoX

Seed Round in 2021
QphoX builds quantum modem device, connecting quantum computers across a quantum network.

Arioso Systems

Venture Round in 2020
Arioso Systems GmbH manufactures silicon based micro loudspeaker. It develops rows of 20-micrometer-wide bending strips built into the body of a silicon chip. The company is headquartered in Dresden, Germany.

Hprobe

Seed Round in 2020
Hprobe SA designs and builds automated wafer level magnetic test solutions for MRAM, HDD, magnetic sensors, and inductors. The company provides equipment and software for wafer prober testing automation. Hprobe SA was founded in 2017 and is based in Eybens, France.

GWA Hygiene

Venture Round in 2018
GWA Hygiene GmbH is a German company based in Stralsund, founded in 2015, specializing in hygiene monitoring systems for healthcare settings. The company designs and manufactures sensors that monitor hand hygiene standards among hospital personnel, as well as developing a software application that tracks disinfection rates across various wards and professional groups. GWA Hygiene's solutions integrate the Internet of Things (IoT) technology, allowing for the monitoring of both hand and surface disinfection processes. Their sensor technology is installed in disinfectant and soap dispensers, providing real-time data displayed on monitors. Users can choose to store data on an in-house server or utilize the company’s secure cloud server. The accompanying software toolbox enables analysis of hygiene processes and streamlines logistical tasks, such as managing disinfectant supplies and maintaining devices.

Valispace

Seed Round in 2018
Valispace GmbH, founded in 2015 and based in Bremen, Germany, offers a browser-based engineering software platform designed to enhance productivity in the development of complex hardware products such as satellites, rockets, robots, and drones. This tool serves as a collaborative environment for engineers, managing non-CAD data and engineering values through a centralized data hub, which acts as a single source of truth. Valispace’s software allows for effective technical change management by automatically propagating changes across documents and simulations. It provides comprehensive administrative and budget management features, as well as tools for interface management and documentation. By streamlining the handling of dynamic engineering data, Valispace enables users to improve development speed, quality, and cost efficiency across their projects.

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.

avandeo

Venture Round in 2012
avandeo, a Munich, Germany- and Shanghai, China-based startup that operates an online destination for designer furniture and home accessories.

Autoloader GmbH

Seed Round in 2011
Autoloader GmbH specializes in the development and distribution of fault-tolerant automation facilities. It is a fully automated baggage loading system for airports. The concept is developed and implemented with their research and development partners. It helps airport operators and airlines, who suffers extreme pressure on margins that realizes neglected opportunities for greater efficiency. It is designed in a modular fashion and can be integrated into planned new airports as well as into existing baggage handling systems. The image processing system checks the whole loading process continuously and initiates corrections to the process. Autoloader GmbH is a Germany-based company that was founded in 2009 by Florian Gottschaller.

SAW Instruments

Series B in 2011
SAW Instruments develops, manufactures and sells innovative analytical systems for the markets of the life sciences. The equipment allows the label-free analysis of molecular biomolecular interactions & combines stability and ease of use with high sensitivity. The products distributed by SAW Instruments products are successfully used by leading research institutions in Germany and Switzerland.

SAW Instruments

Seed Round in 2010
SAW Instruments develops, manufactures and sells innovative analytical systems for the markets of the life sciences. The equipment allows the label-free analysis of molecular biomolecular interactions & combines stability and ease of use with high sensitivity. The products distributed by SAW Instruments products are successfully used by leading research institutions in Germany and Switzerland.

Particle Computer GmbH

Seed Round in 2005
Particle Computer is engaged in the development of sensor network technology solutions in Europe. It offers devices, circuits, boards, and various other parts to sense physical phenomena via sensors, compute the data on the sensor node, and to communicate the resulting information to other IT systems. Particle Computer is headquartered in Karlsruhe, Germany.
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