High-Tech Gründerfonds and Innovationsstarter Fonds Hamburg to Provide Seed Financing to Tech Startups

High-Tech Gründerfonds (HTGF) and newly formed Innovationsstarter Fonds Hamburg have agreed to provide joint seed financing to promising technology start-ups in Hamburg, Germany.

They will be jointly investing up to €600k in first funding rounds. An additional €800k can be provided by Innovationsstarter Fonds Hamburg with up to a further €1.6m coming from HTGF in the following rounds.
Alternatively, Innovationsstarter will be acting as a side investor in the investment model of High-Tech Gründerfonds.

Planning calls for open investments in a corporation up to a maximum of EUR 1 m.

Innovationsstarter Fonds Hamburg, which has a fund having a volume of €12m provided in equal share by the City of Hamburg and the European Regional Development Fund (ERDF), aims to invests in innovative companies in Hamburg up to the age of six years.



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