HTGF | High-Tech Gruenderfonds

The seed investor High-Tech Gründerfonds (HTGF) finances tech start-ups with growth potential and has supported more than 700 start-ups since 2005. With the launch of its fourth fund, HTGF now has about 1.4 billion euros under management. Its team of experienced investment managers and start-up experts support young companies with expertise, entrepreneurial spirit and passion. HTGF’s focus is on high-tech start-ups in the fields of digital tech, industrial tech, life sciences, chemistry and related business areas. To date, external investors have injected about 5 billion euros of capital into the HTGF portfolio via more than 2,000 follow-on financing rounds. In addition, HTGF has already successfully sold shares in more than 170 companies. Fund investors in this public-private partnership include the German Federal Ministry for Economic Affairs and Climate Action, KfW Capital and 45 companies from a wide range of industries. Fund investors in this public-private partnership include the German Federal Ministry for Economic Affairs and Climate Action, KfW Capital and 45 companies from a wide range of industries.

Kay Balster

Senior Investment Manager

Jens Baumgärtner

Senior Investment Manager

Anke Cassing

Principal

Tanja Emmerling

Partner / Head HTGF Berlin

Caroline Fichtner

Senior Investment Manager

Yann Fiebig

Investment Manager

Dr. Alex von Frankenberg

Managing Director and Founder

Bernd Goergen

Partner

Frank Hensel

Senior Investment Manager

Markus Kressmann

Partner

Lena Krzyzak

Principal

Maurice Kügler

Investment Manager

Klaus Lehmann

Senior Investment Manager

Dominik Lohle

Senior Investment Manager

Curtis MacDonald

Venture Partner

Andreas Olmes

Partner

Katharina Peters

Investment Manager

Martin Pfister

Senior Investment Manager

Claudia Raber

Partner

Guido Schlitzer

Managing Director

Ulrich Schmitt

Principal

Romy Schnelle

Partner

Clemens Von Bergmann

Investment Director

Axel Nitsch

Investment Manager

Tobias Schulz

Principal

Past deals in Hardware

Synthara

Venture Round in 2024
Synthara AG, a Swiss semiconductor startup founded in 2019 and based in Zurich, specializes in designing advanced smart sensors for industrial Internet of Things (IoT) applications and other energy-sensitive uses. The company focuses on developing energy-efficient computational AI chips tailored for various applications, including wearables, health monitoring, augmented reality/virtual reality, and aerospace technologies. Its flagship product, ComputeRAM, serves as a drop-in replacement for traditional SRAM, enabling complex calculations to be performed directly in memory. This innovation significantly reduces CPU workload, enhances system performance, and improves efficiency, particularly for AI applications. Synthara's technology is processor-type agnostic, compatible with architectures such as RISC-V, ARM, and x86, allowing seamless integration into existing microcontroller platforms. By empowering chipmakers and device manufacturers, Synthara aims to lower costs, accelerate time to market, and foster new avenues for innovation in the semiconductor industry.

QphoX

Venture Round in 2024
QphoX develops a quantum modem device that facilitates the connection of quantum computers within a network. The company's technology includes a quantum transducer that utilizes a mechanical resonator to couple microwave and optical photons. This innovative approach enables the conversion of information between microwave and optical telecom frequencies, helping clients minimize loss and enhance the fidelity of quantum state transmission. By improving the connectivity of quantum systems, QphoX plays a crucial role in advancing quantum networking capabilities.

Blickfeld

Venture Round in 2023
Blickfeld is a Munich-based company that specializes in producing LiDAR sensors and detection software for autonomous mobility and Internet of Things (IoT) applications. Founded in 2017, Blickfeld's technology utilizes patented silicon MEMS mirrors along with commercial off-the-shelf components to create cost-effective laser range scanners. These sensors are designed to measure direct distance information in three dimensions, enabling high-definition geometric mapping and object detection. Blickfeld's innovative approach allows for the mass production of low-cost LiDAR systems that meet stringent automotive performance standards, making advanced technology accessible for the autonomous driving market.

Delft Circuits

Series A in 2023
We are dedicated to supply the best hardware for quantum engineers and the industry. Together with our customers we make quantum technologies a reality. Delft circuits, hardware for quantum engineers.

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 and rockets. The platform serves as an Engineering Information Management (EIM) system, facilitating team collaboration throughout the engineering lifecycle. It supports various aspects of hardware development, including requirements management, data-driven functional design, product architecture, and detailed systems design. Valispace’s tool provides full traceability, enabling clients to manage test procedures and access information about decisions made during the development process. By streamlining dynamic engineering data, the platform helps reduce development time, improve product quality, and lower costs across projects.

Blickfeld

Series A in 2021
Blickfeld is a Munich-based company that specializes in producing LiDAR sensors and detection software for autonomous mobility and Internet of Things (IoT) applications. Founded in 2017, Blickfeld's technology utilizes patented silicon MEMS mirrors along with commercial off-the-shelf components to create cost-effective laser range scanners. These sensors are designed to measure direct distance information in three dimensions, enabling high-definition geometric mapping and object detection. Blickfeld's innovative approach allows for the mass production of low-cost LiDAR systems that meet stringent automotive performance standards, making advanced technology accessible for the autonomous driving market.

Qnami

Series A in 2021
Qnami AG is a Swiss company established in 2017, specializing in the development of quantum sensing technologies for nanoscale imaging. The company manufactures non-invasive sensors, including the ProteusQ magnetic imaging microscope and the Quantum Diamond product line, which features diamond probes with single nitrogen-vacancy (NV) centers for high-resolution magnetic imaging. These advanced technologies enable the measurement of electric and magnetic fields with exceptional sensitivity, facilitating a range of applications such as the characterization of magnetic random-access memory (MRAM), imaging of proteins, and fundamental studies of superconductors. Qnami's innovations unlock new possibilities in both scientific research and industrial applications, aiming to enhance understanding and improve various aspects of life and technology.

Arioso Systems

Venture Round in 2020
Arioso Systems GmbH, headquartered in Dresden, Germany, specializes in the manufacture of silicon-based micro loudspeakers and micro-transducer technology. The company develops innovative audio transducer technology that features rows of 20-micrometer-wide bending strips integrated into a silicon chip. This novel approach employs pure silicon MEMS (Micro-Electromechanical Systems) to deliver superior sound fidelity, aiming to transform the in-ear headset and hearing aid markets. By providing cost-efficient audio application hardware, Arioso Systems is positioned to significantly enhance the listening experience for users.

Hprobe

Seed Round in 2020
Hprobe SA, founded in 2017 and based in Eybens, France, specializes in designing and manufacturing automated wafer-level magnetic test solutions for various magnetic devices, including MRAM, hard disk drives, magnetic sensors, and inductors. The company provides advanced testing equipment and software, enabling efficient automation of wafer prober testing. Hprobe's notable product is a three-dimensional magnetic field tester, which is suitable for a wide range of magnetic devices such as Magnetic Tunnel Junctions and magnetic sensors. Their technology facilitates the characterization and testing of spintronics-based devices, aligning with the demands of electrical wafer-level probing required for mass production. This positions Hprobe as a key player in the evolving landscape of embedded memory technologies for system-on-chip applications.

Qnami

Seed Round in 2019
Qnami AG is a Swiss company established in 2017, specializing in the development of quantum sensing technologies for nanoscale imaging. The company manufactures non-invasive sensors, including the ProteusQ magnetic imaging microscope and the Quantum Diamond product line, which features diamond probes with single nitrogen-vacancy (NV) centers for high-resolution magnetic imaging. These advanced technologies enable the measurement of electric and magnetic fields with exceptional sensitivity, facilitating a range of applications such as the characterization of magnetic random-access memory (MRAM), imaging of proteins, and fundamental studies of superconductors. Qnami's innovations unlock new possibilities in both scientific research and industrial applications, aiming to enhance understanding and improve various aspects of life and technology.

Blickfeld

Seed Round in 2018
Blickfeld is a Munich-based company that specializes in producing LiDAR sensors and detection software for autonomous mobility and Internet of Things (IoT) applications. Founded in 2017, Blickfeld's technology utilizes patented silicon MEMS mirrors along with commercial off-the-shelf components to create cost-effective laser range scanners. These sensors are designed to measure direct distance information in three dimensions, enabling high-definition geometric mapping and object detection. Blickfeld's innovative approach allows for the mass production of low-cost LiDAR systems that meet stringent automotive performance standards, making advanced technology accessible for the autonomous driving market.

Fazua

Series C in 2018
FAZUA GmbH is a company that develops and manufactures innovative e-bike drive systems, aiming to enhance cycling mobility while preserving the natural feel of traditional biking. Founded in 2011 and headquartered in Munich, Germany, FAZUA's flagship product, the evation drive system, integrates an engine, gearbox, battery, and power electronics that can be easily removed and replaced with a cover. This design allows bike manufacturers to create sleek frames that discreetly house the drive system in the downtube. The company focuses on meeting the demands of sporty cyclists while providing a seamless transition between motorized and non-motorized riding experiences.

The Ferroelectric Memory Company

Seed Round in 2017
Ferroelectric Memory Company (FMC) specializes in the development of advanced memory solutions utilizing ferroelectric field effect transistors (FeFET), which are characterized by their ultra-low power consumption, high performance, and exceptional temperature stability. The company focuses on non-volatile storage technologies based on ferroelectric hafnium oxide (FE-HfO2), which allows for significant scaling of transistors from 65nm to 28nm and smaller. FMC’s innovations enable substantial reductions in system costs and energy consumption, achieving approximately 80% cost savings, a factor of 1000 reduction in per-bit write energy, and a 70% increase in overall system performance. Its technology is particularly well-suited for integration into artificial intelligence applications and is compatible with cutting-edge processes like 22nm FDSOI and 1X nm FinFET, facilitating its adoption in the latest chip designs. Based in Dresden, Germany, FMC has received support from the EXIST Forschungstransfer program of the Federal Ministry for Economic Affairs and Energy, which underscores its commitment to advancing memory technology.

Blickfeld

Seed Round in 2017
Blickfeld is a Munich-based company that specializes in producing LiDAR sensors and detection software for autonomous mobility and Internet of Things (IoT) applications. Founded in 2017, Blickfeld's technology utilizes patented silicon MEMS mirrors along with commercial off-the-shelf components to create cost-effective laser range scanners. These sensors are designed to measure direct distance information in three dimensions, enabling high-definition geometric mapping and object detection. Blickfeld's innovative approach allows for the mass production of low-cost LiDAR systems that meet stringent automotive performance standards, making advanced technology accessible for the autonomous driving market.

Fazua

Series B in 2017
FAZUA GmbH is a company that develops and manufactures innovative e-bike drive systems, aiming to enhance cycling mobility while preserving the natural feel of traditional biking. Founded in 2011 and headquartered in Munich, Germany, FAZUA's flagship product, the evation drive system, integrates an engine, gearbox, battery, and power electronics that can be easily removed and replaced with a cover. This design allows bike manufacturers to create sleek frames that discreetly house the drive system in the downtube. The company focuses on meeting the demands of sporty cyclists while providing a seamless transition between motorized and non-motorized riding experiences.

Synapticon

Venture Round in 2017
Synapticon is reshaping the world of motion control for robotics and machinery at the point of motion. The company introduces an entirely new approach to motion axes by integrating formerly discrete components, such as motors, drives, sensors and gearboxes into seamless units and digitalizing performance and quality factors that are so far dependent on costly mechanical manufacturing. Innovation leaders in robotics, automation and machinery around the world choose to work with Synapticon to path their way into the future of intelligent, motion control-related systems.

Fazua

Series A in 2015
FAZUA GmbH is a company that develops and manufactures innovative e-bike drive systems, aiming to enhance cycling mobility while preserving the natural feel of traditional biking. Founded in 2011 and headquartered in Munich, Germany, FAZUA's flagship product, the evation drive system, integrates an engine, gearbox, battery, and power electronics that can be easily removed and replaced with a cover. This design allows bike manufacturers to create sleek frames that discreetly house the drive system in the downtube. The company focuses on meeting the demands of sporty cyclists while providing a seamless transition between motorized and non-motorized riding experiences.

Comnovo

Seed Round in 2014
Comnovo is a spin-off company from the Communication Networks Institute of TU Dortmund University. Comnovo is offering innovative hardware solutions and services in the field of wireless systems for sensor data collection, distance measurements and localization to improve the personal safety of your employees. The radio specialists enable companies of stone and earth, construction, chemical and metal industry to exploit untapped potential to increase safety and permanently integrate the new devices into business and production processes.

Fazua

Seed Round in 2014
FAZUA GmbH is a company that develops and manufactures innovative e-bike drive systems, aiming to enhance cycling mobility while preserving the natural feel of traditional biking. Founded in 2011 and headquartered in Munich, Germany, FAZUA's flagship product, the evation drive system, integrates an engine, gearbox, battery, and power electronics that can be easily removed and replaced with a cover. This design allows bike manufacturers to create sleek frames that discreetly house the drive system in the downtube. The company focuses on meeting the demands of sporty cyclists while providing a seamless transition between motorized and non-motorized riding experiences.

HiperScan

Venture Round in 2013
HiperScan GmbH, founded in 2006 and based in Dresden, Germany, specializes in high-performance scanning technologies for laser beam deflection. The company provides compact scan engines capable of scanning laser beams or collimated light beams over large angles in one or two dimensions. These scan engines serve as sub-units for original equipment manufacturer (OEM) customers across various industries, including metrology and laser writing. HiperScan is recognized for its expertise in light scanning technologies, catering to a diverse range of applications.

Synapticon

Seed Round in 2012
Synapticon is reshaping the world of motion control for robotics and machinery at the point of motion. The company introduces an entirely new approach to motion axes by integrating formerly discrete components, such as motors, drives, sensors and gearboxes into seamless units and digitalizing performance and quality factors that are so far dependent on costly mechanical manufacturing. Innovation leaders in robotics, automation and machinery around the world choose to work with Synapticon to path their way into the future of intelligent, motion control-related systems.

Extoll

Seed Round in 2012
EXTOLL GmbH is a privately held company based in Mannheim, Germany, specializing in products for the high-performance computing and data center markets. Founded in 2011, EXTOLL develops advanced interconnection technology, including high-performance network connectors and high-density active optical cables. The company's offerings aim to enhance the performance of clusters and data centers while reducing power consumption and total cost of ownership. EXTOLL provides an integrated network stack that combines hardware, software, and services, ensuring low latency, high bandwidth, and scalability for high-performance clusters. Additionally, the company's semiconductor solutions leverage digital logic and advanced verification methodologies to achieve ultra-low latencies without the need for external switches.

Nanda Technologies

Venture Round in 2010
Nanda Technologies, founded in 2006 in Munich, specializes in the manufacturing of wafer inspection systems for the semiconductor fabrication process. The company employs an international team of experienced engineers and managers from the semiconductor and high-tech industries. Nanda Technologies is currently focused on bringing its innovative optical technology to market, which allows for full wafer inspection during the fabrication process rather than relying on statistical sampling. By collaborating with selected lead customers, Nanda aims to enhance the efficiency and effectiveness of semiconductor manufacturing.

amedo Smart Tracking Solutions GmbH

Seed Round in 2010
The company is developing a new kind of technology platform based on RFID transponders

HiperScan

Seed Round in 2009
HiperScan GmbH, founded in 2006 and based in Dresden, Germany, specializes in high-performance scanning technologies for laser beam deflection. The company provides compact scan engines capable of scanning laser beams or collimated light beams over large angles in one or two dimensions. These scan engines serve as sub-units for original equipment manufacturer (OEM) customers across various industries, including metrology and laser writing. HiperScan is recognized for its expertise in light scanning technologies, catering to a diverse range of applications.

amedo Smart Tracking Solutions GmbH

Seed Round in 2008
The company is developing a new kind of technology platform based on RFID transponders

Nanda Technologies

Series B in 2008
Nanda Technologies, founded in 2006 in Munich, specializes in the manufacturing of wafer inspection systems for the semiconductor fabrication process. The company employs an international team of experienced engineers and managers from the semiconductor and high-tech industries. Nanda Technologies is currently focused on bringing its innovative optical technology to market, which allows for full wafer inspection during the fabrication process rather than relying on statistical sampling. By collaborating with selected lead customers, Nanda aims to enhance the efficiency and effectiveness of semiconductor manufacturing.

microNet Automation

Seed Round in 2008
microNet Automation GmbH specializes in innovative communication solutions tailored for automation across various sectors, including building automation, process automation, and energy management. Established in 2005 and located in Grasbrunn, Germany, the company develops a comprehensive software platform known as microX, which integrates digital field devices, bus systems, and Ethernet communication into a single controller. Key offerings include microX.server for managing control and communication tasks, microX.commander for system configuration, and microX.driver for programming interfaces that connect existing devices. Additionally, microNet provides interoperable field devices through microX.io, decentralized gateways via microX.gate, and optional interface extensions with microX.link. The company also supports developers with a Starterkit, facilitating the creation of customized embedded controllers and network control systems. Through its products, microNet Automation aims to streamline automation processes and enhance efficiency in diverse applications such as transportation, infrastructure, and wastewater treatment.

VisuMotion

Series A in 2007
VisuMotion specializes in the development and sale of advanced software and hardware for 3D visualization. The company is recognized for its expertise in 3D technology, having contributed to over 100 protective right applications in the field. VisuMotion has played a key role in creating the world's largest glasses-free Multi-View 3D display, as well as pioneering the first live broadcast from a stereocamera to a Multi-View 3D display. Additionally, the company has developed the first glasses-free 3D projection suitable for daylight and various innovative software products for spatial representation. Their technology finds applications in 3D cameras and the animation of virtual environments, including popular video games.

VisuMotion

Venture Round in 2006
VisuMotion specializes in the development and sale of advanced software and hardware for 3D visualization. The company is recognized for its expertise in 3D technology, having contributed to over 100 protective right applications in the field. VisuMotion has played a key role in creating the world's largest glasses-free Multi-View 3D display, as well as pioneering the first live broadcast from a stereocamera to a Multi-View 3D display. Additionally, the company has developed the first glasses-free 3D projection suitable for daylight and various innovative software products for spatial representation. Their technology finds applications in 3D cameras and the animation of virtual environments, including popular video games.

Nanda Technologies

Venture Round in 2006
Nanda Technologies, founded in 2006 in Munich, specializes in the manufacturing of wafer inspection systems for the semiconductor fabrication process. The company employs an international team of experienced engineers and managers from the semiconductor and high-tech industries. Nanda Technologies is currently focused on bringing its innovative optical technology to market, which allows for full wafer inspection during the fabrication process rather than relying on statistical sampling. By collaborating with selected lead customers, Nanda aims to enhance the efficiency and effectiveness of semiconductor manufacturing.

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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