HTGF (High-Tech Gruenderfonds)

Name

HTGF (High-Tech Gruenderfonds)

Legal name

High-Tech Gründerfonds

Website

https://htgf.de

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Early-Stage Venture Capital (Pre-Seed/Seed) (FSANAAAA)

akta.pro secondary industries

Early-Stage Venture Capital (Series A/B) (FSANAAAB), Venture Capital Fund-of-Funds / Multi-Manager Platforms (FSANAAAJ)

Keywords

• Venture capital investing
• Pre-seed funding
• Seed stage investment
• Deep tech startups
• Early-stage financing

Headquarters

HQ city

Bonn

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Fund management fees & carried interest on ~€3B AUM: HTGF earns management fees and future carried interest from its Pre-Seed/Seed funds, plus a €660M Opportunity Fund and a €25M Matching Fund targeting profitability across all funds. Returns are realized primarily through equity exits (HTGF cites 202 Exits & IPOs) such as the recent Gilead acquisition of HTGF-backed Tubulis for up to $5 billion.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

HTGF is a multi-stage venture capital platform that invests Pre-Seed and Seed equity (initial ticket sweet spot of €800,000+) in German tech startups no older than three years, with up to €30 million of follow-on capacity per company. The platform is anchored by a €660 million Opportunity Fund for later-stage rounds and a €25 million Matching Fund that gives corporate limited partners structured co-investment access into proven HTGF portfolio companies, organized across three sector areas: Industrial, Climate & Deep Tech; Life Sciences & Chemistry; and Digital Tech.

Product overview

HTGF is not a software product company but rather a multi-stage venture capital platform serving high-tech startups. Its core service is pre-seed and seed investing (with initial ticket sizes of 800,000+ euros), complemented by the €660 million HTGF Opportunity Fund for later-stage rounds and the €25 million HTGF Matching Fund that enables corporate LPs to co-invest. Together these vehicles span the full funding journey from initial investment through growth rounds to exit or IPO. Investments are organized into three sector areas: Industrial, Climate & Deep Tech; Life Sciences & Chemistry; and Digital Tech, supporting more than 800 portfolio companies (including listed exits such as Tubulis, Sirion Biotech, Enscape, and VMRay, plus IPOs including Mister Spex and Immunic).

Differentiator

Problem solved

Functional benefit

Products and services

• HTGF Pre-Seed & Seed Investment Program Pre-Seed and Seed equity investment program for high-tech startups, with a sweet spot of €800,000+ for the initial ticket, flexible co-investor syndication, and up to €30 million of follow-on capacity per portfolio company. Targets startups not older than three years, based in Germany or with a German operating establishment, across Industrial/Climate/Deep Tech, Life Sciences & Chemistry, and Digital Tech sectors.
• HTGF Opportunity Fund A €660 million fund enabling HTGF to participate in later-stage financing rounds, supporting portfolio companies from Pre-Seed through growth to exit or IPO and addressing the post-Series A funding gap in the German tech ecosystem.
• HTGF Matching Fund A €25 million co-investment vehicle that allows corporate limited partners to co-invest in proven HTGF portfolio companies alongside the fund, providing structured corporate LP access to vetted later-stage German tech deals.

Quantifiable outcome

• 202 Exits & IPOs delivered across portfolio history
• +4 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• German Venture and Growth Forum coalition (23 other German VC funds)coreStrategic or Co-development PartnerHTGF is part of a coalition of 24 leading German VC funds that launched the German Venture and Growth Forum and Playbook to mobilize €15B of institutional capital annually for German growth companies.
• Wyss Geneva (Wyss Center)minorStrategic or Co-development PartnerWyss Geneva has continued its partnership with Clee Medical (a spin-off from Wyss Geneva) alongside HTGF-led Seed rounds (€5.5M Seed, 2026).
• Lyvia Group / GigaSpaces (mentioned as market context)minorOthersNot a direct HTGF partnership; included only as ecosystem context per Zion Market Research report on in-memory computing. Not extracted as HTGF partnership.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• HV Capital: One of Germany's largest early-stage and growth VC firms, also ranked by CB Insights among the most active investors in Germany alongside HTGF. Directly comparable on Pre-Seed/Seed deal activity, German tech focus, and AUM scale (multi-billion-euro funds).
• Earlybird Venture Capital: Berlin-based early-stage VC with deep German tech focus across digital and deep tech. Comparable on stage (Seed/Series A), geography (DACH/Europe), and sector breadth, often co-investing with HTGF.
• bmp Ventures: Berlin-based early-stage VC active in German deep tech and life sciences. Frequently co-invests with HTGF in seed rounds (e.g., Sedivention, RAYDIAX), making it a directly comparable early-stage German investor.
• Speedinvest: Vienna-based European early-stage VC with sector-focused funds spanning deep tech, fintech, and digital health. Comparable in stage (Pre-Seed/Seed), sector focus, and pan-European mandate; co-invested with HTGF in QphoX.
• Point Nine: Berlin-based seed-stage VC focused on B2B SaaS and digital marketplaces. Comparable on Pre-Seed/Seed stage and German tech focus, though smaller AUM and more sector-concentrated than HTGF.

Regional players

• Bayern Kapital: Bavarian state-backed VC firm investing across Seed and Series A in the Bavaria region. Co-invests frequently with HTGF (NanoStruct, Noxon, Twogee Biotech) and shares public-LP DNA, but operates within a narrower geographic remit.
• TGFS (Technologiegründerfonds Sachsen): Saxony-based public-LP seed fund investing in tech and life sciences startups. Directly comparable as a state-backed German seed investor with similar Pre-Seed/Seed DNA; co-invests with HTGF (Cancilico, Altavo).
• IBB Ventures: Berlin-based VC fund of IBB (Investitionsbank Berlin) investing in Berlin tech and life sciences startups. Comparable public-LP DNA, German geography, and life sciences/digital focus; co-invests with HTGF on rounds like Sedivention and Aignostics.

Broad incumbents

• Wellington Partners: Munich-based pan-European VC investing across life sciences, digital, and industrial tech from early to growth. Comparable on DACH orientation and life sciences/digital tech exposure; overlaps with HTGF on Aignostics.
• EQT Life Sciences: Pan-European life sciences investor under EQT. Comparable on life sciences VC mandate and European biotech thesis; co-invested with HTGF in Mosanna Therapeutics, indicating overlapping deal flow in larger European biotech rounds.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/HTGF.VC
• LinkedInlinkedin.com/company/high-tech-grunderfonds
• Instagraminstagram.com/htgf.vc
• Xx.com/htgf

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1043 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HTGF (High-Tech Gruenderfonds)