GRUENDELPARTNER advises TGSF on financing of Increase Your Skills GmbH

Technologiegründerfonds Sachsen (TGFS) invests in Increase Your Skills GmbH. The startup from Leipzig (www.increaseyourskills.com) develops a platform specialized on IT security, data protection and compliance, which offers customers individualized online courses on topics such as GDPR, social engineering awareness, wireless LAN security and procedures for data protection violations.

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.

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