Listed, Germany-based GP Deutsche Beteiligungs AG (DBAG) has announced the appointment of Tom Alzin and Jannick Hunnecke to its supervisory board, while Rolf Scheffels is to leave the board when his term of office ends.
Merged company will have combined revenues of around €8m in 2020, and employ over 50 staff.
Digitalisation and project life cycle management business intends to expand in DACH and Benelux
Fund invests in pre-series-A and series-A rounds to support the growth of startups operating across a large variety of sectors
In conjunction with the announcement, the firm has hired an investment team from TenX Health