Press

Advanced Therapy for Neuropathic Pain Algiax Pharmaceuticals GmbH, headquartered in Erkrath, is a biotechnology research company which was founded in July 2011. It is dedicated to drug development addressing central nervous system (CNS) illnesses and dysfunctions, with a focus on neuropathic pain. A consortium of private investors, as well as KfW and High-Tech Gründerfonds, are investing approx. €4.3 million in Algiax in a first closing. Pain is the primary reason for a visit to a docto

eCapital entrepreneurial Partners AG has participated in the second round of funding of Smart Hydro Power GmbH with its Cleantech Fond. In this round, the company, which develops, manufactures, sells and markets micro-hydro power plants, will receive further capital to the amount of € 2.7 million. The capital increase is earmarked for the financing of reference projects and the development of international sales and marketing. High-Tech Gründerfonds (HTGF) is also involved in Smart Hydro Powe

High-Tech Gruenderfonds, Bayern Kapital, UnternehmerTUM’s venture capital fund and private business angels jointly invest in fibre-optic measurement start-up business. The joint investment will finance fos4X's market entry. Among other things, fos4X offers innovative solutions for increasing the efficiency of wind power plants. Increasing efficiency plays a major role in staying competitive on the energy market. fos4X has developed fibre optic sensors that can, for example, measure the level

Innovations in stroke therapy are the main focus of the second issue of "MedTech Radar", a joint media service from the German Medical Technology Association (BVMed), Earlybird Venture Capital and High-Tech Gruenderfonds. Improvements in acute care mean that today many more patients survive a stroke, yet the damage to the relevant areas of the brain often results in lasting disabilities. Scientists are researching the possibility of repairing brain damage through non-invasive neurostimulation us

futalis offers an individualized dog food that is produced according to all relevant nutritional aspects of each individual dog ensuring an optimal nourishment for particularly demanding and disease-prone canines. Based on nine scientifically proven criteria the nutritional needs of each dog are determined in order to create an optimally balanced dog food. With the seed financing of the High-Tech Gründerfonds (HTGF), futalis offers its health-oriented dog food starting in April 2012. The hea

Innogy Venture Capital and High-Tech Gründerfonds are going to invest in a first round of financing up to EUR 2.25 million in the start-up company enercast GmbH. The young technology company provides electricity generation forecasts from wind and solar which lead to significant cost savings along the energy supply chain. “enercast addresses a fundamental problem of renewable energies. Fluctuations in the feed in of wind and solar electricity lead to a burdon on the grids and ultimately to a

Cuciniale GmbH develops and markets intelligent cooking assistance systems. Financing through High-Tech Gründerfonds and the investment company BAC1, which was founded by numerous business angels from the Frankfurt-Rhine-Main area specifically for this purpose, has made it possible for Cuciniale to continue to develop the technology from the prototype stage to market launch, and to selectively strengthen its team. The cooking assistance technology developed by Cuciniale makes it possible for

Joint press release of High-Tech Gründerfonds, Max-Planck-Innovation GmbH, Center of advanced european studies and research (caesar) and KonTEM GmbH. KonTEM GmbH, a spin-off company of the Max-Planck-Gesellschaft (MPG) and the Center of advanced european studies and research (caesar), has developed an innovative phase contrast system for transmission electron microscopes (TEM). The system combines enhanced image contrast with high object resolution and thus opens up new possibilities for the

Oncgnostics GmbH obtains seed funding for financing preclinical and clinical trials. Chemical alterations of the genetic information specifically occuring during carcinogenesis provide the basis for the innovative diagnostic tests that are developed by the newly established oncgnostics GmbH in Jena. These tests allow not only for an earlier, but also a more accurate detection of cancer cases. An early detection by highly specific and sensitive tests is a prerequisite for successful cancer tre

ZIM Plant Technology's probe system makes it possible to continuously measure the water supply of plants under field conditions. Field data are supplied and evaluated in real time over the Internet using ZIM's own telemetry. Monitoring as a Service is the name of this innovative business model. Researchers and farmers use the service to irrigate when water is actually needed. Prof. Ulrich Zimmermann, operational founder of ZIM Plant Technology GmbH, likes to compare the water pressure inside

Series-A financing for distributor of free-to-play online games supports expansion into the UK and US markets Munich-based venture capital firm Target Partners (www.targetpartners.de), in collaboration with High Tech Gründerfonds (HTGF) and Estag Capital, has taken a financial stake in GameGenetics (www.gamegenetics.com), as part of a series-A financing round. The financial investment is in the seven-digit Euro figure, and will support the Berlin-based aggregator and distributor of free-to-

MediaMetrics technology helps you save time and costs in media monitoring. socialMeme automatically analyzes and filters the social web as well as TV, radio and print in real time, bringing the latest in computer linguistics into your company. This way, corporate communication departments can keep tabs on all media channels in one interface. socialMeme is a browser-based SaaS (software as a service) solution providing a detailed overview of opinions expressed on all media channels. This is hi

Co-Invests with Germany’s Public/Private High-Tech Gründerfonds, One of Europe’s Top Venture Funds Maxwell Biotech Venture Fund (MBVF), founded with the participation of the Russian Government’s Russian Venture Company, announced today its first investment involving the High-Tech Gründerfonds (HTGF), one of Europe’s largest venture funds. MBVF’s investment committee approved the terms and the amount of an investment in a newly formed Russian biotech company, Hepatera, and a concurr

Founded in December 2010, fruux GmbH is developing a solution that automatically syncs contacts, calendars and to-dos through the cloud. The seed investment by High-Tech Gründerfonds and netSTART Venture enables the company to continuously build out the technology and extend the team. This allows the product, which is already wildly successful for individual usage, to move to a full-blown solution for teams and companies. fruux solves the problem of working with contacts, calendars and task

With High-Tech Gründerfonds and make a startup fund GmbH & Co. KG, PL Gutscheinsysteme GmbH gains two investors for their Bonayou “Perfectly-Happy-Card”. Therewith PL Gutscheinsysteme closes the first round of funding for their non-cash gift-voucher card. In cooperation with MasterCard and Wirecard Bank, the PL Gutscheinsysteme GmbH has developed a customizable money gift with Bonayou which is redeemable anywhere. If it is urgent the contract-free Prepaid MasterCard® issued by Wirec

High-Tech Gründerfonds and Bayern Kapital, two German venture capital companies investing in start ups in the technology sector, as well as the Gebrüder Mende GmbH provide a high 6-figure amount in the enterprise headquartered in Munich. This venture capital financing provides the financial basis for targeted growth and an enforced development of FTAPI´s market presence. The investors are convinced by the innovative product linked with a high costumer benefit in a growing market.. "We