4th fund: Fresh capital for tech innovations from the Rhineland and the Euregio

Aachen — Yester­day, TVF Manage­ment GmbH (TVFM) presen­ted the Tech­Vi­sion Fonds II (TVF II) at the Enter­prise Inte­gra­tion Center on the RWTH Aachen Campus. The new edition of the startup fund initi­ally compri­ses a volume of 42 million euros and is to be expan­ded over the next six to twelve months. It provi­des tech­­no­­logy-orien­­ted start­ups with invest­ments of up to €6 million each in the Pre-Seed, Seed and Series A phases. In addi­tion to the Rhine­land, the target region for inves­tors is now the entire Eure­gio Meuse-Rhine (inclu­ding Hasselt, Maas­tricht, Eupen and Liège).

“Even though we are curr­ently expe­ri­en­cing a some­what quie­ter startup phase, the entire Rhine­land has grown and become stron­ger as a startup ecosys­tem. As soon as the econo­mic para­me­ters brigh­ten up, it will become very dyna­mic,” said Dr. Ansgar Schlei­cher, Mana­ging Part­ner of TVF Manage­ment GmbH, at the launch event for the new fund yester­day. “Univer­si­ties, rese­arch insti­tu­tes and nume­rous cross-border initia­ti­ves in the Rhine­land and the Eure­gio create an ecosys­tem extre­mely rich in poten­tial for startups.”

The group of inves­tors in TVF ll compri­ses the two anchor inves­tors NRW.BANK and Spar­kasse Aachen as well as other savings banks from the west of North Rhine-West­­pha­­lia and nume­rous private inves­tors. In the process, many new entre­pre­neurs and compa­nies from diffe­rent indus­tries (curr­ently 17) joined as investors.

Over 50 start­ups in the invest­ment balance

This is TVF’s management’s fourth startup fund since 2007, finan­cing inno­va­tive compa­nies in the life scien­ces, soft­ware, deep and medtech, and new mate­ri­als sectors. With incre­asing fund volu­mes and a steadily growing circle of fund inves­tors, TVF not only provi­des the Rhine­land start-up scene with capi­tal, but also with stra­te­gic know­ledge and a far-reaching network. “To date, we have helped more than 50 start­ups deve­lop their tech­no­logy and bring it to market,” says Bern­hard Kugel, also a mana­ging part­ner at TVFM. “We empha­size long-term support and the possi­bi­lity of further rounds of finan­cing, which we usually imple­ment with co-inves­­tors.” The funds’ port­fo­lio compa­nies include well-known upstarts such as Hemo­vent, Sile­xica and Taxy.io.

Networ­king the Euro­pean startup scene

TVF ll can also provide start-up teams from neigh­bor­ing Dutch and Belgian regi­ons with capi­tal and know-how. “We want to conti­nue our successful course and also network start­ups across count­ries with busi­ness part­ners and addi­tio­nal inves­tors,” Schlei­cher said. “This is how we streng­then and drive tech­no­lo­gi­cal inno­va­tion at the Euro­pean level.”

About TVF Management

The Tech­Vi­sion Fund (TVF) is the leading early-stage VC fund from the Rhineland/NRW region focu­sing on tech­no­logy start­ups in the pre-seed to Series A phases. TVF focu­ses on outstan­ding teams from the region inclu­ding. the borde­ring Nether­lands and Belgium. TVF Manage­ment has expe­ri­ence from four gene­ra­ti­ons of funds and curr­ently has over €100 million in assets under manage­ment. The fund is backed by potent inves­tors such as NRW.BANK, seven savings banks from western NRW, and more than 15 successful entrepreneurs.
TVF supports foun­ding teams with proxi­mity, network and exper­tise, paving the way for them to become the next inter­na­tio­nal indus­try leader. Through the S‑UBG Group network, TVF provi­des unique access to over 150 successful compa­nies in various indus­tries, and estab­lishes cont­acts between start­ups and their first custo­mers, part­ners and advi­sors. www.techvision-fonds.de