HTGF adds more corporates

Jan 24, 2013 • Global Corporate Venturing

High-Tech Gründerfonds (HTGF), a German state and corporate-backed seed investor, has added two limited partners to take its second fund to more than €300m ($400m).

The latest commitments from local retailer Metro Group and Media + More Venture, a consortium of three German-language publishers, takes HTGF’s second fund to €301.5m.

The fund has 17 corporate limited partners that have committed an aggregate €41.5m with the remainder provided in a public-private partnership with the Federal Ministry of Economics and Technology and the…

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