TGFS Technologiegründerfonds Sachsen

What is TGFS Technologiegründerfonds Sachsen?

TGFS Technologiegründerfonds Sachsen (TGFS) is a venture capital fund that specializes in equity investments for knowledge-based and technology-oriented startups in the State of Saxony, Germany. The fund, which operates as a leading startup financier in the region, supports entrepreneurial teams through venture capital and management support in both the seed and startup phases. Since its inception in 2008, funded by the Free State of Saxony with resources including EFRE funds and Saxon financial institutions, TGFS has been actively involved in fostering innovation and technology in the region.

The fund has successfully accompanied over 100 startups in its three generations, providing extensive investment experience and a total investment volume of €241.2 million. TGFS's approach involves investing in companies headquartered or located in Saxony and aiding them in realizing their creative ideas and achieving success with both capital and knowledge. By investing in these companies, TGFS opens doors for portfolio companies to access further international investors.

The fund's targeted sectors include startups and young companies in high technology areas, and it is committed to financial engagement early on, particularly in the seed phase, if convinced of the idea and the team's potential. With years of experience in the region, TGFS boasts numerous transactions and a significant investment volume, showcasing its active participation in the Saxony ecosystem. TGFS's funding ranges from a minimum of €100,000 to a maximum of €1,500,000, with a focus on Early Stage, Seed, and Series A funding rounds, reflecting its dedication to fostering growth from the earliest stages of a company's development.

What they say:

We invest in startups and young companies in the high technology area headquartered or located in the State of Saxony / Germany.