
HTGF, eCapital et al. invest €3.3m in Saperatec
A consortium led by eCapital entrepreneurial Partners and including High-Tech Gründerfonds (HTGF), Gründerfonds Bielefeld-Ostwestfalen, NRW Bank and a business angel, has invested €3.3m in German recycling business Saperatec.
Saperatec will use the funding from the eCapital-led consortium to build a modular demonstration plant on its Bielefeld site, as the company will move from a pilot operation to industrialisation and seek to tap into international markets.
Company
Saperatec is a recycling specialist located in Bielefeld. The company has developed a new technology for the separation of composite materials. The technology is designed to enable access to materials in products that were previously impossible to recycle while extracting resources that would otherwise be lost. The area of application ranges from simple plastic composites to complex technical products such as photovoltaic modules.
Saperatec currently operates a pilot production plant in Bielefeld, which the company is in the process of expanding. The business was founded in December 2010 and employs 9 people.
People
The team working on the deal comprised eCapital managing partner Michael Lübbehusen, HTGF investment manager Ron Winkler and Peter Güllmann, business unit manager for corporate financing at NRW Bank.
Advisers
Equity – Rödl&Partner (Legal, tax); Ebner Stolz Mönning Bachem (Legal, tax); 24IP Law Group Sonnenberg Fortmann (Legal); Heuking Kühn Lüer Wojtek (Legal).
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