Medical and safety technology provider Dräger has committed an undisclosed sum to the third fund raised by Germany-based public-private investment partnership High-Tech Gründerfonds (HTGF), which has a target size of €310m ($386m).
HTGF III began investing in September 2017 after closing an initial $275m in March, and will provide up to €3m in equity funding for each portfolio companies. Dräger will join HTGF III’s investment committee and will supply portfolio companies with its expertise.
Steffen Müller, Dräger’s head of mergers…
