GV took part in food delivery service Wonder Group’s $350m series B round while two Hanwha subsidiaries contributed to a $145m round for eVTOL aircraft developer Overair.

Funds

Germany-based venture capital firm New High-Tech Gründerfonds’ fourth seed fund has reached a first close sized at more than €400m ($417m) featuring investors including pharmaceutical firms Boehringer Ingelheim, Medice and R-Biopharm, speciality chemical providers Atlanta, Wacker and Büfa, dental equipment manufacturers Dürr Dental and Voco Dental, retailer Schwarz Group, motion plastic developer Igus, furniture fitting producer Hettich, molecular insight provider Qiagen, digital printing service Cewe, machine builder Karl Mayer Group, conglomerate Wilh Werhahn, railway system developer Hübner Group, IT…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.