HANNOVER Finanz has acquired a 70% stake in foundry Giesserei Industrie Holding Isselburg GmbH for an undisclosed amount, with the management continuing to hold the balance of the equity.
Strategy will target later-stage life sciences businesses, as well as undervalued listed companies
Fund has a special focus on the e-commerce, software, cybersecurity, fintech and blockchain sectors
GP is looking to invest in 35 tech startups in Europe and the US that are focused on the climate
Partners Hubert Deitmers and Martijn Hamann will now be the sole owners of the firm