Germany's High-Tech Gruenderfonds invests in augmented reality startup Bitstars.

Corporate and government-backed venture fund High-Tech Gruenderfonds (HTGF) has invested an undisclosed amount in Germany-based augmented reality start-up Bitstars. The technology, which allows users to develop their own augmented reality applications, as developed at RWTH Aachen University. –

Separately, PS Biotech, another spin-off of RWTH Aachen and also from the DWI Leibniz Institute for Interactive Materials, and Codetrails, a spin-off of TU Darmstadt for Java software developers, have raised undisclosed amounts from HTGF.

In the spring of 2013, PS raised…