Unternehmertum Venture Capital Partners (UVC Partners) is a Munich-based early-stage venture capital firm that invests in European technology-based startups. Recently, the German VC launched a new €150M fund.
With the third fund, UVC Partners aims to invest in the fields of industrial technologies, B2B software, and mobility. Simultaneously, the VC plans to provide access to ‘UnternehmerTUM,’ Europe’s largest innovation centre at the Technical University of Munich.
150 corporate partners and 5000 students
With 150 corporate partners and more than 5000 students, UnternehmerTUM is an important hub for Europe’s next generation of entrepreneurs. “We are already accelerating more than 10% of all German tech startups and serve as a central and open innovation platform for future challenges of leading SMEs and DAX-listed corporations,” says Prof. Dr. Helmut Schoenenberger, Managing Partner at UVC and CEO of UnternehmerTUM.
Venture Capital 3.0
While the first VC funds focused primarily on financing issues, the second generation increasingly offered support in operational matters. The third-generation venture capital “Venture Capital 3.0” is all about sustainable, partnership-based relationships with the founding team, claims the German company.
The investor base of the new fund ranges from startup entrepreneurs, such as the FlixBus founders, to institutional investors, family offices, corporations, and family businesses. “We have invested in UVC III because we expect a good financial return when it comes to our pension assets and see added value in working together with UVC Partners,” saya Oliver Stratmann, Head of Treasury & Investor Relations at LANXESS AG.
UVC Partners typically invests in Seed or Series A rounds
The UVC Partners typically invests between €0.5M to 4M initially and up to €15M in total per company. According to the VC firm, it typically invests in Seed or Series A rounds. Its portfolio includes investments such as Blickfeld, Carjump (Free2Move), FlixBus, KONUX, TWAICE, and Vimcar.
Main image credits: UVC Partners