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Venture Capital
innovationsstarter.com

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Investments

100

Portfolio Exits

3

Funds

2

About IFB Innovationsstarter

IFB Innovationsstarter supports young innovative companies in Hamburg, to strengthen research and development activities. To this end, IFH finances companies and provides intensive support to ensure successful business development.

IFB Innovationsstarter Headquarter Location

Besenbinderhof 31

Hamburg, 20097,

Germany

+49 40 6579805-90

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Latest IFB Innovationsstarter News

HTGF Investment SideCaps

Aug 19, 2021

August 19, 2021 High-Tech Gründerfonds (HTGF), Innovationsstarter Fonds Hamburg (IFH) as well as strategic investors and renowned business angels jointly invest in the digital platform for large-volume equity transactions of listed SMEs. Hamburg, August 19th, 2021 – SideCaps develops a transaction and information platform for large-volume share trading (so-called block trades) in the SME segment. The aim is to reduce market inefficiencies and thus avoid significant performance losses for professional and private investors. SideCaps significantly reduces the market impact of large orders, as trading interest is not publicly visible. At the same time, buyers and sellers are matched intelligently on the platform, which is open to all market participants. In combination with fair fees and transparent pricing, transaction costs for investors are greatly reduced. SideCaps thus becomes the central platform for large-volume transactions as well as for high-quality information within the listed SME segment. Julius Krieg, Frank Biller and Gerhard Weiß, the founders of the Hamburg-based start-up SideCaps, were able to convince the investors with this set-up. Under the leadership of the High-Tech Gründerfonds (HTGF), the Innovationsstarter Fonds Hamburg (IFH), the BörseGO AG, the small cap investor Dr. Benedikt Beßmann as well as other strategic investors and renowned business angels have invested. A large part of the funds will flow into the further development of the transaction and information platform. Although listed small caps write attractive success stories and offer high return potential, investors are confronted with considerable investment hurdles and high trading costs. With SideCaps, we are ready to transform inefficient block trading for small caps in favor of investors by eliminating information deficits and by significantly reducing transaction costs in the process. Julius Krieg, co-founder and CEO of SideCaps Our approach significantly reduces the market impact of large orders and in combination with fair price discovery, lowers transaction costs. We avoid pre-trade transparency of exchange trading and thus protect the interests of market participants who execute larger transactions. Frank Biller, co-founder and CBDO of SideCaps The financial industry in Hamburg has an exceptionally long tradition and is a driving force at the location. At present, ambitious founders with new and clever business models in the still young fintech scene are causing a radical change in the traditional financial industry. I am pleased that we have succeeded in supporting a promising FinTech startup in Hamburg with our central funding program, the Innovationsstarter Fonds II, in order to successfully establish itself on the market. I am confident that SideCaps will make an important contribution to the digitalization of the financial industry. Michael Westhagemann, Senator for Economy and Innovation in Hamburg SideCaps relies on a strong partner network for the development and operation of the platform. Legal trading will be carried out via the systems of Deutsche Börse, thus meeting the highest regulatory requirements. A special functionality for off-book block trading without pre-trade transparency will be used. For the technical integration into the market infrastructure of the exchange systems, SideCaps cooperates with transacation factory, a highly specialized software company within this field. The set-up is complemented by leading partners from the areas of regulatory affairs, capital market information, trading as well as clearing and settlement. Julius Krieg, Frank Biller and Gerhard Weiß, founders of SideCaps About SideCaps SideCaps develops and operates a digital platform for the efficient initiation and processing of large-volume transactions (block trading) with transparent pricing without pre-trade transparency in the segment of listed second-line stocks. Contact About High-Tech Gründerfonds High-Tech Gründerfonds (HTGF) is a seed investor that finances high-potential, tech-driven start-ups. With around EUR 900 million in total investment volume across three funds and an international network of partners, HTGF has already helped forge more than 600 start-ups since 2005. Driven by their expertise, entrepreneurial spirit and passion, its team of experienced investment managers and startup experts help guide the development of young companies. HTGF’s focus is on high-tech start-ups in the fields of digital tech, industrial technology, life sciences, chemistry and related business areas. To date, external investors have injected more than EUR 3 billion into the HTGF portfolio via more than 1,700 follow-on financing rounds. HTGF has also successfully sold interests in more than 130 companies. Investors in this public-private partnership include the Federal Ministry For Economic Affairs and Energy, KfW Capital, and Fraunhofer-Gesellschaft e.V., as well as the companies ALTANA, BASF, BAYER, B.Braun, Boehringer Ingelheim, Robert Bosch, BÜFA, CEWE, Deutsche Bank, Deutsche Post DHL, Dräger, 1+1 AG, EVONIK, EWE AG, FOND OF, Haniel, Hettich, Knauf, Körber, LANXESS, media + more venture Beteiligungs GmbH & Co. KG, PHOENIX CONTACT, QIAGEN, RWE Generation SE, SAP, Schufa, Schwarz Gruppe, STIHL, Thüga, Vector Informatik, WACKER and Wilh. Werhahn KG.

IFB Innovationsstarter Investments

100 Investments

IFB Innovationsstarter has made 100 investments. Their latest investment was in Priojet Logistics as part of their Pre-Seed on April 4, 2022.

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IFB Innovationsstarter Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/4/2022

Pre-Seed

Priojet Logistics

$0.62M

Yes

1

2/23/2022

Seed VC

Emmora

Yes

1

8/19/2021

Seed VC

SideCaps

$2.1M

Yes

2

6/8/2021

Series A

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$99M

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10

4/7/2021

Series A

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$99M

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10

Date

4/4/2022

2/23/2022

8/19/2021

6/8/2021

4/7/2021

Round

Pre-Seed

Seed VC

Seed VC

Series A

Series A

Company

Priojet Logistics

Emmora

SideCaps

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Amount

$0.62M

$2.1M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

1

1

2

10

10

IFB Innovationsstarter Portfolio Exits

3 Portfolio Exits

IFB Innovationsstarter has 3 portfolio exits. Their latest portfolio exit was HQLabs on February 09, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

2/9/2022

Acq - Fin

$99M

1

8/12/2019

Merger

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$99M

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10

4/3/2017

Corporate Majority

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$99M

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10

Date

2/9/2022

8/12/2019

4/3/2017

Exit

Acq - Fin

Merger

Corporate Majority

Companies

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Valuation

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

1

10

10

IFB Innovationsstarter Fund History

2 Fund Histories

IFB Innovationsstarter has 2 funds, including Innovationsstarter Fonds Hamburg II.

Closing Date

Fund

Fund Type

Status

Amount

Sources

4/18/2017

Innovationsstarter Fonds Hamburg II

Early-Stage Venture Capital

Closed

$12.79M

1

12/31/2011

Innovationsstarter Fonds Hamburg

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$99M

10

Closing Date

4/18/2017

12/31/2011

Fund

Innovationsstarter Fonds Hamburg II

Innovationsstarter Fonds Hamburg

Fund Type

Early-Stage Venture Capital

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Status

Closed

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Amount

$12.79M

$99M

Sources

1

10

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