High-Tech Gründerfonds (HTGF) has signed a cooperation agreement with Donghai Securities, a Chinese investment bank.
The agreement aims to enable Donghai and HTGF to invest up to €300m in German startups over the next five years to access the China mainland and Hong Kong market.
Donghai will contribute its expertise and contacts and facilitate German high-tech companies with capital resources for production set-up and market launch in China.
This will allow HTGF to offer selected portfolio companies the opportunity to get access to the Asian market.
In Germany, Donghai is supported by entrepreneur and investor Prof. Dr.-Ing. Kai Desinger*, who initiated the agreement between Donghai and HTGF and will help and advise in the selection process and supports companies by making them fit for Donghai and the Chinese market.
*Prof. Dr.-Ing. Kai Desinger is an entrepreneur and manager who provides consulting services for government agencies on the state and federal level regarding technology transfer, corporate financing and MedTech clusters.
In 1999, he founded Celon AG medical and successfully sold it to the Japanese blue chip company Olympus Medical in 2005. In 2012, Mr. Desinger was awarded the title of honorary professor at the Technical University of Berlin. In 2005, he was appointed by the former German Chancellor Gerhard Schröder to the Federal government initiative “Partners for Innovation”.
In 2007, Mr. Desinger was appointed as a committee member of the High-Tech Gründerfonds of KfW by the Federal Ministry of Economic Affairs and Industry and since 2009 he has been chairing the investment committee of the High-Tech Gründerfonds.
FinSMEs
02/11/2015