Venture firm eCapital has invested €2.7m ($3.5m) in Smart Hydro Power , a micro hydro power company backed by Germany’s corporate-backed state investment fund  High-Tech Gründerfonds. Andreas Quauke, senior investment manager of High-Tech Gründerfonds, said: "Smart Hydro Power’s technology allows for resource-saving and sustainable energy production, which, at the same time, is extremely efficient. We see great potential for the experienced team to open up international markets for their product."High-Tech Gründerfonds invested in Smart Hydro Power’s seed round last year.

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