Fresh capital for tech innovations from the Rhineland

TVF Management launches TechVision Fund II with €42 million. Startups in the Rhineland and the Euregio, including the Netherlands and Belgium, are to be supported.

Aachen, Germany - TVF Management GmbH (TVFM) yesterday announced the launch of its fourth startup fund, TechVision Fonds II (TVF II). The fund has an initial capital of 42 million euros, which will be expanded over the next six to twelve months. The goal is to support technology-oriented startups in the Pre-Seed to Series A phases with investments of up to 6 million euros. What is new is that the fund no longer only covers the Rhineland, but also the entire Euregio Meuse-Rhine, including cities such as Hasselt, Maastricht, Eupen and Liège.

The entire Rhineland has gained strength as a startup ecosystem. Once economic conditions improve, it will become more dynamic.

Dr. Ansgar Schleicher, Managing Partner TVF Management GmbH

The TechVision Fund (TVF) is an early-stage VC fund based in the Rhineland/NRW region with a focus on technology startups in the pre-seed to Series A stages. TVF focuses on teams from the region, including the neighboring Netherlands and Belgium. TVF's management has experience from four fund generations and currently has over €100 million in assets under management. The fund is backed by investors such as NRW.BANK, Sparkasse Aachen, other savings banks from NRW and some private investors.

The investor base of TVF II consists of the anchor investors NRW.BANK and Sparkasse Aachen as well as other savings banks from North Rhine-Westphalia and private investors. Some new companies from various industries have also joined as investors.

With TVF II, TVF's management continues its support of innovative companies in the fields of Life Sciences, Software, Deep- and MedTech as well as New Materials. The increasing fund volume and the growing network of fund investors provide financial support and access to strategic know-how.

To date, we have supported over 50 startups to further develop their technology and bring it to market. We value long-term support and the possibility of further financing rounds, which we usually implement with co-investors.

Bernhard Kugel, Managing Partner TVFM

The fund already has companies such as Hemovent, Silexica and Taxy.io in its portfolio. With TVF II, start-up teams from neighboring Dutch and Belgian regions can now also benefit from capital and expertise. Dr. Ansgar Schleicher explained, "We want to continue our successful course and network startups across countries to promote technological innovations."

TVF supports startup teams through proximity, a strong network and expertise to ease their way. With the help of the S-UBG group network, TVF gives startups access to successful companies from various industries and helps establish important contacts between the startups and their first customers, partners and advisors.