At the very peak of the economic boom in 2007 the German venture market looked set to take off and regain much of the ground it had lost following the dotcom crash, with large sums of capital flowing into the hands of entrepreneurial businesses. However, with the onset of the financial crisis and ensuing recession, the market has become eerily quiet, which could hamper innovation in the future.
Company will now operate as Aurora Lichtwerke and was sold as part of a non-core asset divestment
Canadian GP previously owned around 20% of the listed education company
French bank BPCE mandated advisers to sell the Germany-based digital banking platform in 2018
ECI is currently investing from its ECI 11 fund, which closed on £700m on July 2018