GRUENDELPARTNER advises TGSF on financing of Corant GmbH

Technologiegründerfonds Sachsen (TGFS) invests in Corant GmbH, a technology start-up based in Chemnitz and Leipzig (www.air-q.com). Corant was founded in 2015 as a spin-off from the Institute of Physics at Chemnitz University of Technology and has expertise in the field of sensor development. With air-Q, the Saxon start-up is developing air analysis technology for private and commercial users.

TGFS (www.tgfs.de) provides technology-oriented founders with equity capital for the seed and start-up phase. The fund was launched in 2008 with a volume of € 60 million and increased to more than € 124 million in March 2016. TGFS targets young, innovative, technology-oriented founders and companies belonging to the ICT, semiconductor and microsystems technology, medical technology, life science, environmental and energy technology as well as new media industries. TGFS is aimed at young companies with their seat or place of business in Saxony.

GRUENDELPARTNER advised TGFS with a team led by Dr. Steffen Fritzsche. The venture capital practice group of GRUENDELPARTNER is one of the biggest and most experienced advisory units in Central Germany and supports investors and founders from business formation to financing and exit.

Contact us:
GRUENDELPARTNER
Maedler-Passage, Grimmaische Str. 2-4
04109 Leipzig
Tel.: +49 341 231062-0
Fax: +49 341 231062-30
Email: