Aachen-based TechVision Fund (TVF) II announced its closing with a fund volume exceeding €50 million to invest from the pre-Seed and Seed stages in promising tech startups, specifically those based in the Rhineland/NRW region as well as the Euregio Meuse-Rhine (Netherlands/Belgium).
TVF II will run until 2035 and is the fourth generation of venture capital funds managed by the team at TVF Management GmbH. In addition to NRW.BANK, Sparkasse Aachen, and other regional savings banks, new investors include Helaba (Landesbank Hessen-Thüringen) and entrepreneurs such as Erich Borsch (Co-founder of Aixigo), Jürgen and Leo May (JM Holding), Alexander Stoffers (next audit, Co-founder of Modell Aachen), and Dr Reik Winkel and Dr Christian Augustin (Founders of indurad GmbH).
“We have the staying power to support companies until they’re ready for international investors,” says Dr Ansgar Schleicher, Managing Partner of TechVision Fund. “With our current setup, we are excellently positioned to help further DeepTech teams become successful companies. We act not only as financiers but also as entrepreneurial sparring partners and strategists – always at the startups’ side.”
Founded in 2007, TVF is a leading early-stage VC fund focused on technology startups in the pre-Seed to Series A stages. The TVF management team has experience from four fund generations and currently manages over €100 million in assets.
Through the S-UBG Group network, TVF offers access to over 150 successful companies across various industries, fostering connections between startups and their first customers, partners, and advisors.
The TVF team has financed and developed over 40 innovative startups in fields such as BioTech, software, semiconductors, mechanical engineering, DeepTech and MedTech, and new materials. Since the launch of TVF II in 2023, five startups have already been financed:
membion GmbH: Based in Roetgen, membion has developed an innovative technology for wastewater treatment that saves up to 75% of space and over 90% of energy compared to current standards. In December 2023, TVF II and the DeepTech & Climate Fund (DTCF) invested €5 million together.
Vivalyx GmbH: To better preserve organs intended for transplantation, Vivalyx created ‘Omnisol’ – a synthetic blood-like solution. Combined with its proprietary ‘Flowstore’ transport system, it enables the safe transport of organs over much longer distances and timeframes. In April 2024, TVF II and co-investors contributed approximately €7 million to support regulatory approvals in the U.S. (FDA) and Europe (CE).
Black Semiconductor GmbH: This semiconductor startup from Aachen has developed a technology for connecting microchips using graphene, enabling higher-performance and more energy-efficient data transmission – particularly critical in the context of growing AI-driven computing demands. The DeepTech company has raised around €250 million from leading international VCs and via IPCEI funding from the state of NRW and the German government.
IonKraft GmbH: A spin-off from RWTH Aachen’s Institute of Plastics Processing (IKV), IonKraft developed a coating process for plastic containers that prevents diffusion, provides chemical resistance, and protects contents. This eliminates the need for multi-layer solutions, replaces PFAS-containing layers, and enables recyclability. To accelerate growth, TVF II and co-investors invested €3.5 million in November 2024.
Planted GmbH: Helping service companies meet their sustainability goals, Planted offers a SaaS platform for CSRD reporting and ESG monitoring. Through its own climate protection projects (e.g., reforestation), customers can automatically offset emissions. In December of last year, TVF II and co-investors invested a total of €3.8 million in the Cologne-based company.
As a partner in the Gateway Factory – recently equipped with millions in funding – TVF actively contributes to the ongoing development and success of the Aachen-Düsseldorf-Cologne startup region.
