Aachen \u2014 The Tech\u00adVi\u00adsion Fund I (TVF) will be increased by another 15 million euros. This means that the fund, which belongs to the S\u2011UBG Group, now has a total of 55 million euros in venture capi\u00adtal available for start-up finan\u00adcing in the Aachen region and the Lower Rhine area. TVF\u2019s exis\u00adting inves\u00adtors [1] are joined by Spar\u00adkasse Neuss, Stadt\u00admar\u00adken GmbH and Moder\u00adner Baube\u00addarf GmbH as finan\u00adci\u00adally strong private inves\u00adtors from Aachen. \u201cWe are plea\u00adsed to be able to support and further deve\u00adlop inno\u00adva\u00adtive start-up teams from the western Rhine\u00adland even more stron\u00adgly through more capi\u00adtal and new inves\u00adtors,\u201d says Bern\u00adhard Kugel, CEO of S\u2011UBG AG and mana\u00adging direc\u00adtor of the Tech\u00adVi\u00adsion Fund.<\/p>\n
Geogra\u00adphi\u00adcal expan\u00adsion of finan\u00adcing activities Norbert Hermanns, Mana\u00adging Direc\u00adtor of Aache\u00adner Stadt\u00admar\u00adken GmbH, adds: \u201cThanks to the diverse rese\u00adarch land\u00adscape in the western Rhine\u00adland, the region is predesti\u00adned to produce forward-looking ideas. Howe\u00adver, in order to make these marke\u00adta\u00adble, inno\u00adva\u00adtive young entre\u00adpre\u00adneurs need appro\u00adpriate finan\u00adcial resour\u00adces.\u201d Manuel Nadenau, Mana\u00adging Direc\u00adtor of Moder\u00adner Baube\u00addarf GmbH, also sees the poten\u00adtial: \u201cAn exci\u00adting new task lies ahead of us and we are plea\u00adsed to be able to bring a breath of fresh air to the start-up scene toge\u00adther with the other inves\u00adtors by support\u00ading young and inno\u00adva\u00adtive foun\u00adders from the region.\u201d<\/p>\n Success stories made in the Rhineland Aachen \u2014 The Tech\u00adVi\u00adsion Fund I (TVF) will be increased by another 15 million euros. This means that the fund, which belongs to the S\u2011UBG Group, now has a total of 55 million euros in venture capi\u00adtal available for start-up finan\u00adcing in the Aachen region and the Lower Rhine area. TVF\u2019s exis\u00adting inves\u00adtors [1] are [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":37399,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1369,1373],"tags":[],"class_list":["post-43473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-investors","category-venture-capital-en","news-category-venture-capital-news"],"yoast_head":"\n
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\n\u201cWith Tech\u00adVi\u00adsion Fund I, in addi\u00adtion to seed invest\u00adments, we also aim to parti\u00adci\u00adpate in subse\u00adquent finan\u00adcing rounds, Series A and B, of exis\u00adting and new port\u00adfo\u00adlio compa\u00adnies,\u201d Kugel empha\u00adsi\u00adzed. The venture capi\u00adtal fund specia\u00adli\u00adzes in finan\u00adcing start-ups with a distinct opportunity\/risk profile. \u201cAs a new inves\u00adtor, we want to be a relia\u00adble finan\u00adcial part\u00adner for start-ups in the grea\u00adter Neuss area as well. For all our down-to-earth\u00adness, we are very open to new products and tech\u00adno\u00adlo\u00adgies,\u201d says Marcus Longe\u00adrich, Deputy Board Member of Spar\u00adkasse Neuss. \u201cToge\u00adther with the other capi\u00adtal provi\u00adders, we have made it our goal to further promote start-up acti\u00advi\u00adties in our region. We also want to support the struc\u00adtu\u00adral change that is neces\u00adsary because of the plan\u00adned energy turnaround.\u201d<\/p>\n
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\nTo date, the Seed Fonds Aachen and the Tech\u00adVi\u00adsion Fonds have supported over 20 start-ups with capi\u00adtal, stra\u00adte\u00adgic know\u00adledge and S\u2011UBG\u2019s exten\u00adsive network \u2014 inclu\u00adding taxy.io GmbH, a start-up dedi\u00adca\u00adted to provi\u00adding the basis for auto\u00adma\u00adted B2B tax advice using arti\u00adfi\u00adci\u00adally intel\u00adli\u00adgent soft\u00adware. In TVF\u2019s port\u00adfo\u00adlio since 2019, the young company has alre\u00adady been able to grow rapidly through two rounds of finan\u00adcing and further expand its offe\u00adring in terms of indus\u00adtry and geogra\u00adphy. The Tech\u00adVi\u00adsion Fund port\u00adfo\u00adlio also includes the D\u00fcssel\u00addorf-based soft\u00adware deve\u00adlo\u00adper talent::digital and the mobi\u00adlity plat\u00adform MOQO \u2014 these start-ups have also achie\u00adved entre\u00adpre\u00adneu\u00adrial mile\u00adsto\u00adnes through indi\u00advi\u00addual finan\u00adcing models. In the health and biosci\u00adence sector, the invest\u00adment enab\u00adled the compa\u00adnies PL BioSci\u00adence and Protem\u00adbis to further deve\u00adlop their products and bring them to market maturity.<\/p>\n","protected":false},"excerpt":{"rendered":"