GRUENDELPARTNER advises TGFS on seed financing of Zepta

Technologiegründerfonds Sachsen (TGFS), together with GIMIC Ventures, Beteiligungsmanagement Thüringen (bm|t) and Chemovator, is investing a seven-figure sum in Zepta Technologies GmbH as part of a seed financing programme.

Zepta (based in Dresden and with a branch in Thuringia) was founded in 2024 and specialises in digital solutions and sustainability in pest control. Zepta uses real-time monitoring to reduce manual processes and minimise environmental impact.

The TGFS is an equity capital partner in Saxony for the seed and start-up phase. The fund was first launched in 2008 by the Free State of Saxony and Saxon financial institutions and has supported over 100 start-ups since then. The TGFS entered its third fund generation in 2023. The TGFS focuses on young, innovative, technology-orientated companies in the ITC, semiconductor and microsystems technology, medical technology, life science, environmental and energy technology and new media sectors that are based or have their place of business in Saxony.

GRUENDELPARTNER provided comprehensive legal advice to the lead investor TGFS in connection with the financing round.

GRUENDELPARTNER's M&A, Venture Capital, Private Equity practice group is one of the most experienced and best-staffed advisory units in Central Germany and supports investors and entrepreneurs in all phases of development, in particular in company formation, company development, company financing and all exit processes.