Leipzig-based deep-tech company intelligent fluids GmbH has closed a EUR 10m Series B financing round with US sustainability fund WAVE Equity Partners (Boston, USA) as lead investor.
In addition to WAVE Equity Partners, existing institutional investors IBG Sachsen-Anhalt and High-Tech Gründerfonds have also increased their commitments.
intelligent fluids GmbH is deep-tech company located in Central Germany whose green chemistry replaces aggressive and toxic solvents in industrial cleaning. Significant reductions in CO2 emissions, energy costs and material usage improve the ESG balance sheets of customers from maintenance-intensive industries such as microelectronics, oil&gas industry, printing industry.
GRUENDELPARTNER advises the company since many years on equity and mezzanine financing. The practice group Venture Capital / Private Equity of GRUENDELPARTNER is one of the most experienced and strongest units in Central Germany and supports investors and entrepreneurs in all development phases, especially in establishing companies, corporate financing and all exit processes.
Dr. Steffen Fritzsche,
Dr. Franziska Beier,
Jakob Ritter (all Corporate, M&A) (all from Leipzig)
Maedler-Passage, Grimmaische Str. 2-4
Tel.: +49 341 231062-0