HTGF
Venture capitalBonn · Pre-Seed–Series A · 1 people tracked
Investment thesis
Seed-stage investor writing small tickets to commercialize publicly funded university/institute research (Fraunhofer, Max Planck), focused on Industrial Climate & Deep Tech and Life Sciences, leveraging corporate partners for commercialization.
Team · 1 people
from public directoriesWhat they invest in
from 17 of 17 portfolio companiesSaaS ×12AI & Machine Learning ×10Enterprise Software ×6Fintech ×4Cleantech ×2Cloud Computing ×2Crypto & Web3 ×2Data & Infrastructure ×2
HQs:Germany×9United States×3
Investments · 17 tracked
founders shown can be your intro pathBy year:2025 · 42024 · 32023 · 12022 · 19 dated
Seven Education operates a unified digital platform serving schools and educational institutions across Europe, providing tools for school communication, class management, lesson planning, school administration, and AI-powered features.
AI & Machine LearningEdTechSaaSKoblenz, DE
Daniel ZachariasJan Micha Kroll
Co-investorsHV CapitalBrighteye Ventures
akirolabs offers an AI-augmented platform for enterprise procurement teams to build, standardize, and manage category and procurement strategies.
AI & Machine LearningEnterprise SoftwareSaaSBerlin, DE
Christoph Flöthmann(Founder)inDetlef Schultz(Co-Founder)inMichael Pleuger(Co-Founder)inChristoph Flothmann(Co-Founder)Tim Ergenzinger(Co-Founder)inKai Elsermann(Chief Revenue Officer)
Co-investorsD11ZOTB VenturesSerpentine Ventures
amberra is the venturing studio of Germany's cooperative financial group (genossenschaftliche FinanzGruppe), operating as a venture capital investor, venture builder, and venture client partner.
Fintech
Björn Schmuckin
Co-investorsPeakBetter VenturesBynd Venture CapitalEnjoyventure ManagementVireo Ventures
Aneta operates an email-based AI research service that runs 15 specialized agents across academic, market, technical, and legal sources for days to produce long, citation-backed research reports.
AI & Machine LearningEnterprise SoftwareSaaS
Co-investorsPebblebedAndera PartnersBGVForbionFountain Healthcare PartnersPMV+2 more
Auxilius.ai provides compliance, controls, and audit software for financial institutions and enterprises.
AI & Machine LearningEnterprise SoftwareFintechSaaSUnterföhring, DE
James Barnes(Founder)in
Co-investorsTechstars
Caeli Wind operates a marketplace that connects German landowners — including industrial businesses and investors — with wind farm project developers, running feasibility and site analyses, tenders, and legal/permitting support to lease land for wind energy.
CleantechEnergyMarketplaces
Co-investorsNotion Capital
Carelane is an AI-driven clinical trials platform that unifies EDC, eCOA, and CTMS into one system, generating study builds and eCRFs from a protocol and suggesting data values from uploaded documents for human review.
AI & Machine LearningDigital HealthSaaS
Co-investorsVorwerk Ventures
Datarade is a marketplace platform for purchasing and discovering business datasets, including company data, firmographic information, and technographic insights.
AI & Machine LearningB2B MarketplacesData & InfrastructureSaaSBerlin, DE
Thani ShamsiRichard HoffmannFlorian Rösler
Co-investorsTechstars
EGYM provides an operating system for gyms and fitness clubs that connects training equipment, member data, and club management processes into one platform.
SaaSSports TechWellness & Fitness
Co-investorsBayern KapitalHighland EuropeHPE GrowthJavelin Venture PartnersNGP Capital
Graswald AI is an AI production studio that generates studio-quality fashion imagery, including flatlays, on-model PDP shots, product video, and campaign content, with brand-customizable avatars, lighting, and poses.
AI & Machine LearningE-commerceMarketing Tech
Julius Harling(Founder)in
Co-investorsAngel InvestRobin CapitalSupernode GlobalLakestar
Heliatek develops and manufactures HeliaSol, an IEC-certified organic photovoltaic solar film that is lightweight, flexible, and adheres to building surfaces and other structures without drilling.
CleantechEnergyNew MaterialsDresden, DE
Co-investorseCAPITAL ENTREPRENEURIAL PARTNERSENGIE New VenturesFuture Energy VenturesSIB Innovations- und BeteiligungsgesellschaftAQTON SEEuropean Investment Bank
ReflexAI provides AI-powered simulations and quality assurance tools for clinical teams to practice patient interactions and ensure adherence to care standards.
AI & Machine LearningDigital HealthEnterprise SoftwareHealthtechSaaSSales Tech
Co-investorsCollaborative FundGreyMatterAlpine Space VenturesATX Venture PartnersBayern Kapital
Reflex is a platform for building and deploying enterprise applications in Python, combining framework, infrastructure, and data connectivity in a single unified system.
AI & Machine LearningCloud ComputingData & InfrastructureDeveloper ToolsEnterprise SoftwareSaaSSector AgnosticSan Francisco, US
Nikhil Rao(Founder)inAlek Petuskey(Founder)in
Co-investorsLattice CapitalAbstract VenturesOutset CapitalPICUS CAPITALY CombinatorAlpine Space Ventures+2 more
Reflex is an on-demand staffing platform that connects retailers with vetted, background-checked retail associates for shifts such as sales, cashier, inventory, and event roles.
Future of WorkMarketplacesRetail Tech
Mike Meyers(Founder)in
Co-investorsATX Venture PartnersCanaan PartnersRed Swan VenturesService Provider CapitalAlpine Space VenturesBayern Kapital+2 more
Tangany provides digital asset custody solutions for the financial industry.
Crypto & Web3FintechSaaSMunich, DE
Martin Kreitmair(Founder)in
Co-investorsBlockrocketBrighter CapitalNauta CapitalElevator Ventures
Venly develops large-scale enterprise systems, building on the team's background from Benchmarking Partners, which created Walmart's first internet-based supplier collaboration system and an early business-to-business internet commerce standard.
AI & Machine LearningCloud ComputingEnterprise SoftwareFuture of WorkImpact & Social GoodSaaSCambridge, US
Alissa Onigman(Venly CFO)Paul Horn(Venly Executive Chair)Ted Rybeck(Venly CEO)David Sandberg(Venly General Counsel)Tom Fellows(Venly General Manager)Dee Mewbourne(Venly Institute Executive Director)
Co-investorsCourtside VenturesCoinbase Ventures
Venly provides blockchain developer tools including a Token API for creating, minting, burning, and managing ERC20 tokens without deep blockchain expertise.
Crypto & Web3Developer ToolsFintechSaaS
Tim Dierckxsens(CEO)Gerbert Vandenberghe(COO)Karel Striegel(CPO)Davy Van Roy(CTO)
Co-investorsTioga Capital PartnersTRANSCENDAlpaca VCCoinbase VenturesCourtside Ventures
Portfolio news
latest coverage across their companies
Reflex · kalkinemedia.com · Aug 11, 2026

Auxilius.ai · vc-magazin.de · Jul 8, 2026
Amberra · ctvc.co · Feb 23, 2026
Reflex · finsmes.com · Nov 7, 2025
Reflex · finsmes.com · Nov 7, 2025
Tangany · finsmes.com · Sep 2, 2025
Frequently asked questions
- What stage does HTGF invest at?
- HTGF invests at the Pre-Seed, Seed, Series A stages.
- What is HTGF's typical check size?
- HTGF typically writes checks of $1.1M.
- What sectors does HTGF focus on?
- HTGF focuses on Advanced Manufacturing, Biotech, Cleantech, Consumer, Crypto & Web3, Data & Infrastructure, Energy, Enterprise Software, Hardware, Healthtech, Impact & Social Good, Media & Entertainment, Medical Devices, New Materials, SaaS, Sector Agnostic, Semiconductors.
- Where is HTGF located?
- HTGF is headquartered in Bonn, DE.
- Does HTGF lead rounds?
- HTGF typically participates in rounds rather than leading them.
- Who does HTGF co-invest with?
- HTGF most often shares deals with Bayern Kapital, Highland Europe, HPE Growth, among 3 tracked co-investors.
Media · Podcasts & interviews
featuring the teamEpisode #54 – Alex von Frankenberg (HTGF) über die Finanzierung und Zukunft von Startups
Payment Festival Vienna · Alex von Frankenberg
Dr. Alex von Frankenberg - HTGF Geschäftsführer (#PE6)
Mannheim Investment Club e.V. · Alex von Frankenberg
Start-ups und die große Stunde der Blockchain | Interview mit Dr. Alex von Frankenberg vom HTGF
BTC-ECHO | Bitcoin News & Tutorials · Alex von Frankenberg
Dr. Bernd Goergen from HTGF about DxPx Conference
DxPx Conference by SLS Partnering GmbH · Bernd Goergen
HTGF Experten Marco WInzer und Dr. Michael Brandkamp zu Entwicklung Life Science
HTGF. VC · Marco Winzer
Images
Co-investors · 49
HV Capital is a European multistage venture capital firm that backs founders from the first check through IPO, investing across consumer, software, deep tech and AI.
Notion Capital is a B2B software-focused venture capital firm built by operators, backing SaaS, cloud and enterprise technology companies.
Lakestar is an investment firm founded by Dr. Klaus Hommels in 2012, managing venture capital funds and personal investments across stages and geographies, with a focus on technology companies supporting Europe's sovereignty and prosperity.
Nauta Capital is a venture capital firm that invests in early-stage software companies across Europe.
eCAPITAL is a venture capital firm providing funding from early to growth stage to technology companies across software and IT, cybersecurity, industry 4.0, new materials, and cleantech.
Alpine Space Ventures is a venture capital firm investing in a focused portfolio of startups in the space and space-enabled industry.
Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.
Lightspeed is a global venture capital firm that has spent over two decades backing innovative companies as an early and first investor.
Accel is a venture capital firm that partners with exceptional teams, positioning itself as a first partner to founders globally.
Balderton Capital is a European venture capital firm that backs technology startups.
SOSV is a deep tech venture capital firm that makes first-check pre-seed investments and follow-on rounds in startups focused on human and planetary health, providing lab space and hands-on support at its US locations.
▶37 more co-investors
Stride VCComcast VenturesCherry VenturesEnergy Impact PartnersHeartcore CapitalXtripe AngelsAmadeus Capital PartnersOctopus VenturesAlvenVisionaries ClubL CattertonActon CapitalBand of AngelsredalpineMarket One CapitalBusiness Growth FundfinwayKurma PartnersCapnamicIris CapitalRepublic Capital (ex Republic Labs)Seventure PartnersVerve VenturesApollo Health VenturesParkwalk AdvisorsBASF Venture Capital GmbHClosed Loop PartnersEmerald Technology Ventures AgRethink VenturesTomahawk.VCNewionInovexusSIVentures (prev. Smart Infrastructure Ventures)Alpina PartnersAmathaon CapitalE2MC VenturesWilbe Capital
Firms observed investing alongside HTGF, from public investor directories. Shared companies are the overlap with HTGF's recorded portfolio.
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