GRUENDELPARTNER advises TGFS on Zepta’s seed funding round

The Saxony Technology Start-up Fund (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 funding round.

Zepta (headquartered in Dresden with a branch in Thuringia) was founded in 2024 and specialises in digital solutions and sustainability in pest control. Through real-time monitoring, Zepta reduces manual processes and minimises environmental impact.

The TGFS is an equity partner in Saxony for the seed and start-up phases. The fund was first launched in 2008 by the Free State of Saxony and Saxon financial institutions and has since supported over 100 start-ups. In 2023, the TGFS launched its third fund generation. The TGFS focuses on young, innovative, technology-oriented companies operating in the ICT, semiconductor and microsystems technology, medical technology, life sciences, environmental and energy technology, and new media sectors, which have their registered office or place of business in Saxony.

GRUENDELPARTNER provided comprehensive legal advice to the lead investor, TGFS, during the funding round.

GRUENDELPARTNER’s M&A, Venture Capital and Private Equity practice group is one of the most experienced and largest advisory teams in Central Germany and supports investors and entrepreneurs at all stages of development, particularly in company formation, business development, corporate finance and all exit processes.