02/20/2017
Fresh capital for start-ups: Unternehmertum Venture Capital establishes second fund with 70 million euros
Unternehmertum Venture Capital (UVC) is launching its second fund for the financing of start-ups with innovative technologies and high growth potential. Overall, the fund is expected to reach a volume of 70 million euros. In January, the early-stage financier already successfully completed the first closing with 34 million euros. The fund invests in start-ups from the German-speaking countries, in the areas of Industry 4.0 and IoT, B2B Software (SaaS), Mobility, and Smart City.

With the new fund, UVC is continuing its successful investment strategy. The close connection to UnternehmerTUM has proved to be a decisive advantage of UVC. “This access is definitely an ‘unfair advantage’ for our portfolio companies. No other fund in Germany is able to offer such comprehensive support," explains Dr. Ingo Potthof, Managing Partner of UVC. "Despite the close cooperation, we are investing all over Germany as an independent VC", adds Johannes von Borries, Managing Partner of UVC. "We can offer these special benefits without being limited in our investment strategy or investment decisions."

Das Team von Unternehmertum Venture Capital
The UVC partners

With the second fund, too, family offices, entrepreneurs and corporates are again relying on the expertise of UVC. The new Fund II is planning to set up a portfolio of 15 to 20 high-growth companies. UVC is typically coming on board as lead investor in the Seed and Series A phases, initially investing up to 2 million euros at first. In further financing rounds, UVC can provide a total of up to 8 million euros per start-up.

The team from UVC has many years of experience in the venture capital sector, also as a successful founder in the development of young tech firms. Its first fund is developing very well indeed: the portfolio includes such successful companies as FlixBus, Europe's leading provider of long-distance bus travel, and also VEACT, a SaaS specialist for marketing processes in the automotive sector. The company KONUX, which offers smart sensor systems for Industry 4.0, has also been invested in by UVC together with NEA, one of the leading US VCs. With the successful sale of Carjump to PSA, whose app bundles various car-sharing offers, UVC has already had a first successful exit.

More information you will find in the press release and at the Unternehmertum Venture Capital website.