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Corporate Venture
weststeag.com

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Investments

11

Portfolio Exits

2

Funds

1

About West Steag Partners

West STEAG Partners is a Venture Fund based in Essen, Germany, is a 50:50 Joint Venture of WestLB and STEAG AG. The investment focus includes Electronics, Optics, MEMS (MicroElectroMechanical Systems) Tiny mechanical devices that are built onto semiconductor chips and are measured in micrometers. West STEAG Partners provides capital and support for young companies in high tech growth markets in the US, Europe, and Israel. Investments are generally made in various stages of a company's development but focus on expansion and bridge financing Bridge Financing

West Steag Partners Headquarter Location

Germany

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West Steag Partners Investments

11 Investments

West Steag Partners has made 11 investments. Their latest investment was in Tevet-PCT as part of their Series C on September 9, 2005.

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West Steag Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/1/2005

Series C

Tevet-PCT

No

1

7/7/2004

Series D

Metara

$20M

No

6/24/2004

Series B

Tevet-PCT

$4.5M

No

1

1/9/2003

Seed

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$99M

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10

11/20/2002

Series D

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$99M

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0

Date

9/1/2005

7/7/2004

6/24/2004

1/9/2003

11/20/2002

Round

Series C

Series D

Series B

Seed

Series D

Company

Tevet-PCT

Metara

Tevet-PCT

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Amount

$20M

$4.5M

$99M

$99M

New?

No

No

No

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Co-Investors

Sources

1

1

10

0

West Steag Partners Portfolio Exits

2 Portfolio Exits

West Steag Partners has 2 portfolio exits. Their latest portfolio exit was Tevet-PCT on May 08, 2008.

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

5/8/2008

Asset Sale

1

6/14/2004

Acquired

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$99M

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0

Date

5/8/2008

6/14/2004

Exit

Asset Sale

Acquired

Companies

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Valuation

$99M

Acquirer

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Sources

1

0

West Steag Partners Fund History

1 Fund History

West Steag Partners has 1 fund, including West Steag Partners.

Closing Date

Fund

Fund Type

Status

Amount

Sources

8/1/2001

West Steag Partners

Multi-Stage Venture Capital

Closed

$108.28M

1

Closing Date

8/1/2001

Fund

West Steag Partners

Fund Type

Multi-Stage Venture Capital

Status

Closed

Amount

$108.28M

Sources

1

West Steag Partners Team

4 Team Members

West Steag Partners has 4 team members, including current Chief Executive Officer, Hans-Georg Betz.

Name

Work History

Title

Status

Hans-Georg Betz

Chief Executive Officer

Current

Peter Augustin

Senior Managing Director

Current

Berthold Luetke-Daldrup

Managing Director

Current

Rolf Thaler

Managing Director

Current

Name

Hans-Georg Betz

Peter Augustin

Berthold Luetke-Daldrup

Rolf Thaler

Work History

Title

Chief Executive Officer

Senior Managing Director

Managing Director

Managing Director

Status

Current

Current

Current

Current

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