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UNQUOTE
  • DACH

GERMANY - TVM changes name

  • Guy
  • 08 March 2006
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TVM, a life sciences and information technology venture capital firms in Europe and the United States, announced today that the firm will be change its name to TVM Capital, effective immediately. Founded in 1983 as Techno Venture Management, the name change to TVM Capital enables the firm to marry its brand heritage with its current position as a leading venture capital investor in innovative life sciences and technology companies in both the US and Europe.

'Our rebranding initiative allows us to provide clarity and focus around what we do – namely, provide capital to the most promising emerging companies in US and European technology markets,' said Helmut M. Schühsler, managing partner, TVM Capital. 'Quite simply, the name change to TVM Capital formalizes the commonly used acronym we’ve been identified with since our founding days as Techno Venture Management. At the same time, it allows us to leverage the TVM brand which has long stood for innovation, effective management and sound financial backing – and that remains precisely who we are today.'

Established as one of the first venture capital firms in Germany in 1983 and an early entrant to the US venture market in 1986, TVM Capital has raised more than EUR 1.3bn since its inception. Over the last two decades, TVM Capital has made investments in over 230 companies throughout Europe and the US, with many going public on European or US stock exchanges or sold to strategic acquirers.

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