About German Startups Group
German Startups Group (GSG) is a venture capital provider for young and innovative companies. The firm focuses on the German startup scene and is looking for partners who want access to capital in addition to high degrees of freedom, know-how and network. GSG is investing in promising startups following our motto: smart, fast and friendly money.
German Startups Group Headquarter Location
Latest German Startups Group News
Apr 9, 2021
09.04.2021 / 11:46 +++ Press release +++ exits two of its portfolio companies - More exits and trade sales expected within the portfolio of shareholdings - Progress in fundraising for its new private equity fund Frankfurt/Main, 9 April 2021 - The German Startups Group VC GmbH, 100% subsidiary of SGT German Private Equity GmbH & Co. KGaA based in Frankfurt/Main (SGF), a listed private equity asset manager, sells two of its portfolio companies and gains a low seven-digit sales proceed each. With both sales of shareholdings, German Startups Group VC realizes capital gains compared to both the book value as well as to the acquisition costs. German Startups Group VC is expecting further exits and trade sales of portfolio companies in summer 2021. Regarding its fundraising activities, SGT Capital Pte. Ltd., another 100% subsidiary of SGF, continues to make good progress and, despite ongoing pandemic-related delays, has gained further investor commitments for its new private equity fund. It still expects a so-called "first close" of the fund in summer 2021. For the first close, the company still intends to have at least 1 billion USD capital under management. More than two thirds of this amount have now already been confirmed, plus intentions for another 350+ million USD.
German Startups Group Team
1 Team Member
German Startups Group has 1 team member, including former Chief Operating Officer, Alexander Koelpin.