New fund from Angermayer

The German investor has raised more money than originally expected. The fund is intended to invest in start-ups and companies. In which phase they are is irrelevant.

Christian Angermayer's new fund has raised $350 million in just a few weeks, up from $250 million originally. The money is to be used for investments in 40 portfolio companies, and the stage of the start-up does not matter.

From the seed round to the company shortly before the IPO, everything can be there, the valuations of Angermayer's investor network are decisive. In recent years, Angermayer has focused particularly on biotech and deep tech, and he is also considered a passionate investor in space.

One of the biggest backers for Presight Fund Two is Angermayer himself, according to a report from TechCrunch. He is said to have poured around $60 million into the investment fund, which is the second of its kind. In addition, notable investors have joined, including ex-Goldman Sachs CFO Martin Chavez and actress Uma Thurman, according to TechCrunch

The first Presight fund he launched was already oversubscribed, according to his own statements, and raised a high double-digit million amount. Both funds are invested with his venture capital arm Presight Capital. According to Fabian Hansen, who launched the first fund with Angermayer, the calculated return is 350 percent.