German early-stage VC firm TechVision Fund closes Fund II at €50m to back tech startups

German early-stage VC firm TechVision Fund (TVF), has closed Fund II at €50 million to back startups in the Rhineland and Euregio Meuse-Rhine regions.

TVF II is the fourth generation of venture capital funds managed by the team at TVF Management GmbH. The fund invests from the pre-seed and seed stages in the most promising tech startups across various verticals. Its primary focus is on teams based in the Rhineland/NRW region as well as the Euregio Meuse-Rhine (Netherlands/Belgium).

TVF relies on a strong investor ecosystem. In addition to NRW.BANK, Sparkasse Aachen, and other regional savings banks, the fund is supported by numerous entrepreneurial private investors from its network. New investors include Helaba (Landesbank Hessen-Thüringen) and entrepreneurs.

Since 2007, the experienced TVF team has financed and developed over 40 innovative startups in fields such as biotech, software, semiconductors, mechanical engineering, deep and medtech, and new materials. Since the launch of TVF II in 2023, five startups - membion, Vivalyx, Black Semiconductor, IonKraft, and Planted, have already been financed.

TVF focuses on early-stage startup financing and is often the first institutional investor involved. It positions itself as the go-to VC in the increasingly successful startup ecosystem of the Rhineland and the cross-border region with Belgium and the Netherlands.

This innovation-rich area boasts internationally renowned research institutions, universities, and a mature advisory and investment network, making it one of Germany’s leading startup ecosystems, with Aachen as NRW’s startup capital. As a partner in the Gateway Factory - recently equipped with millions in funding - TVF actively contributes to the ongoing development and success of the Aachen-Düsseldorf-Cologne startup region. The fund runs until 2035.

Ansgar Schleicher, Managing Partner, TechVision Fund: ''We have the staying power to support companies until they’re ready for international investors. With our current setup, we are excellently positioned to help further DeepTech teams become successful companies. We act not only as financiers but also as entrepreneurial sparring partners and strategists - always at the startups’ side.''

www.tvf.vc

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