CFH, a private equity firm located in Saxony, has together with its partners, closed Technologie Gründer Fund Saxony (TGFS). The fund is a joint activity of CFH, SIB, SC-Kapital and SBM, the venture capital arms of three regional savings banks located in Chemnitz, Dresden and Leipzig and the State of Saxony with support from the European fund for regional development (EFRE). The EUR 60m target was reached within one year. The fund itself is split into a seed fund of EUR 20m and a start-up fund of EUR 40m.
Second vehicle will be larger than its predecessor, which closed on €843m in March 2010
Dieter von Holtzbrinck Ventures (DvH Ventures) has announced the launch of its first Digital Health fund, which has held a first close on €60m.
Sale ends a three-year holding period for Astorg, which acquired a 75% stake in the company from Xenon PE
Acquisition of Germany-based x-ray equipment and software was backed by senior debt from ApoBank