Current press release from the SMWA (Saxon State Ministry of Economics, Labour and Transport) on the TGFS: From electric drives for bicycles to tinnitus apps, Technologiegründerfonds supports start-ups in Saxony.

Innovative Sensor Technology IST AG (IST AG), a Swiss sensor specialist and part of the Endress+Hauser Group, today announced the majority acquisition of Infrasolid GmbH. In the course of this, TGFS, which has accompanied the company since 2018, is also selling its shares.

New portfolio company at TGFS: Senodis Technologies GmbH from Dresden. In addition to TGFS, HTGF as lead investor and FTTF are investing in the start-up.

TGFS invests in CREDOXYS GmbH. The start-up from Dresden develops special chemicals for organic electronics that are intended to improve the service life and efficiency of OLEDs and organic solar films.

TGFS portfolio company SmartNanotubes Technologies raises fresh growth capital. The start-up from Freital near Dresden has developed the world’s first chip that can „smell“.

TGFS invests in Altavo GmbH. Based on non-invasive radar sensor technology and artificial intelligence, the start-up develops voice prosthetics to improve the rehabilitation of voiceless patients.

„Startup-Mitteldeutschland“ provides an overview of the largest VC investments in Central Germany in 2021. Three TGFS portfolio companies are also included: Lecturio, Senorics and FlyNex.

The e‑learning provider from Leipzig was able to convince new investors and raised M€ 40 of fresh capital. TGFS has been supporting the company since 2008 and also participated in this round.

Via Oeconomica — hosted by the Leipzig business association „GfL Gemeinsam Für Leipzig“ — took place yesterday in the Kupfersaal Leipzig. Andreas Dunsch and Michael Petrosjan took the prize in the category „Leipzig is coming!

TGFS intends to sell its shares in replex GmbH to the US IT group Cisco Systems, Inc. The start-up replex GmbH was founded in 2016 and is active in the field of visualization and optimization of complex IT infrastructures.