GNA’s investors form a complementary consortium.

Robert Bosch Venture Capital
RBVC_Logo Robert Bosch Venture Capital GmbH (RBVC) is the corporate venture company of the Bosch Group, a leading global supplier of technology and services. RBVC invests worldwide in innovative start-up companies at all stages of their development. Its investment activities focus on technology companies working in areas of business of current and future relevance for Bosch, above all, automation and control, energy and environment, enabling technologies, and healthcare. RBVC also invests in services and business models as well as new materials that are relevant to the above-mentioned areas of business. Further information at:

SHS Gesellschaft für Beteiligungsmanagement
SHS_LogoSHS Gesellschaft für Beteiligungsmanagement mbH is based in Tübingen, Germany and invests in medical technology and life science companies with a focus on expansion financing, changes in shareholder structures and successor situations. SHS holds minority as well as majority interests. SHS was founded in 1993 and has since gained extensive experience as industry investor, which supports the growth of its portfolio companies through a network of partnerships regarding the introduction of new products, regulatory issues or entering new markets. The SHS fund’s German and international investors include about the European Investment Fund, professional pension insurers, retirement funds, funds of funds, family offices, entrepreneurs and the SHS management team. Further information:

b-to-v Partners
b-to-v Partners AG (btov) is a venture capital company with offices in St. Gallen and Berlin. With around 200 members, it is also one of Europe’s leading networks of private entrepreneurial investors. b-to-v combines the industry expertise and experience of its entrepreneurs with the longstanding venture capital expertise of its in-house team. With this investment approach, b-to-v has set itself the goal of generating sustainable added value for its portfolio companies and investing entrepreneurs. At core, the b-to-v philosophy is all about investing together and a desire to mutually benefit from the financial, content-based and personal support provided from entrepreneur to entrepreneur. Further information:

Unternehmertum Venture Capital Partners
Unternehmertum Venture Capital Partners GmbH, Garching (Munich), invests in young technology companies across Germany in the fields of information and communications technology, medical technology and clean-tech. Portfolio companies benefit from Unternehmertum Venture Capital Partners’s longstanding experience in developing young companies. The Unternehmertum Venture Capital Partners has in-house industry experts and a unique network of connections in industry and to other venture capital investors.
EIF, ERP and CIP: The Unternehmertum Venture Capital Partners is supported by the European Investment Fund (EIF), the European Union via its Competitiveness and Innovation Framework Programme (CIP), and the ERP-EIF and LfA-EIF funds-of-funds. Further information:

KfW’s ERP Start-up-Fund
KfW_Logo To enhance Germany’s standing as a technological nation, KfW is supporting innovative business start-ups by strengthening their equity capital. KfW’s equity finance products target technology companies at various stages of their development. At the very early stage, which is known as the seed phase, KfW has since 2005 been involved in High-Tech-Gründerfonds (HTGF), Germany’s largest and most active early-stage financier. KfW is the largest investor in HTGF after the Federal Government. Since April 2015 KfW has also started to help meet the shortfall in follow-on and expansion financing available to young, innovative technology companies. To support them in this process, KfW, in collaboration with the Federal Ministry for Economic Affairs and Energy (BMWi), has brought a new promotional instrument onto the market, the ERP Venture Capital Fund. KfW is using this instrument to invest in young German technology companies indirectly, via selected German and European venture capital funds. In order to strengthen the German venture capital market even further, KfW and the Federal Ministry for Economic Affairs and Energy (BMWi) launched coparion, a co-investment fund in March 2016. As a separate company led by an experienced management team, coparion invests directly in innovative start-ups and young technology companies. The fund thus replaces the new business of the ERP Start-up Fund, which has carried out this business from within KfW until now. Further information:

Mey Capital Matrix
MCM_LogoFounded in 2010, MEY Capital Matrix GmbH is an independent private investment company. The basic idea behind MEY Capital Matrix GmbH involves making entrepreneurial investments in young life science and medical technology companies and offering hands-on support in terms of financial background and management competence. The investor and owner is Gerhard Mey, a dedicated SME entrepreneur. He is co-owner and supervisory board member at one of the world’s 100 top automotive suppliers.