High-Tech Gründerfonds (HTGF) and Bayern Kapital have led a syndicate of five private investors and entrepreneur Rolf Nied in a €3m series-B for Fazua, a developer of electric motors for bicycles.
Latest funding round with Target Partners brings the company's total funding to $27m
GP to buy the Spanish electro-medicine manufacturer Indiba from Minerva for around €60m
Rubicon provided fresh capital to support the acquisition of the automotive fluids business
No management changes are planned, and the firm will be run by the executive team