Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
CFH Management GmbH is a venture capital firm located in Leipzig, Germany, with a history spanning over 25 years. Founded in 1995 as a bank-owned investment company, CFH has transitioned to focus on equity offerings for both startups and established businesses in the Saxony region. The firm has developed a strong reputation for supporting technology-driven startups and medium-sized enterprises, leveraging its extensive regional expertise.
Currently, CFH manages over €400 million in assets across two primary funds: TGFS (Technologiegründerfonds Sachsen) and WMS (Wachstumsfonds Mittelstand Sachsen). The TGFS fund targets early-stage technology startups, while the WMS fund focuses on growth financing for medium-sized companies. CFH has funded over 100 startups since its inception, demonstrating its commitment to fostering innovation in Saxony.
CFH operates from its headquarters in Leipzig, with additional offices in Chemnitz and Dresden. The firm is known for its strong ties to the local startup ecosystem and its ability to provide not only capital but also strategic expertise to its portfolio companies.
CFH Management GmbH invests through two main funds: TGFS and WMS. The TGFS fund focuses on early-stage technology startups, providing equity investments ranging from €200,000 to €5 million. This fund primarily targets sectors such as IT, semiconductor technology, medical technology, electronics, and new materials, with a strong emphasis on companies based in Saxony.
The WMS fund, on the other hand, is dedicated to growth-oriented medium-sized enterprises, offering equity and mezzanine financing between €1 million and €10 million. CFH's investment strategy is centered on supporting technology-driven startups and established businesses that demonstrate potential for growth and innovation. The firm seeks to partner with founders who have a clear vision and the capability to execute their business plans effectively.
CFH Management GmbH has built a diverse portfolio of over 100 companies, showcasing its commitment to supporting innovation in Saxony. Notable portfolio companies include:
In addition to these active investments, CFH has achieved notable exits, including:
Gisbert Enkel: Geschäftsführer with extensive experience in venture capital and investment management.
Sören Schuster: Geschäftsführer and Head of Early Stage Funds, bringing over 20 years of VC experience to the firm.
Andreas Müller: Investment Director with a focus on technology-driven startups.
Friedemann Stier: Investment Director specializing in growth financing for medium-sized enterprises.
Claudia Huke: Senior Investment Managerin with expertise in supporting early-stage companies.
Tam Dau: Investment Manager with a focus on technology sectors.
Sarah Schäfer: Investment Managerin dedicated to fostering innovation in Saxony.
Vincent Kretzschmar: Investment Manager with a background in technology investments.
Michael Birke: Junior Investment Manager contributing to the firm's growth initiatives.
Leon Gluchowski: Junior Investment Manager focused on early-stage ventures.
Martin Liebsch: Gruppenleiter overseeing investment strategies.
Thomas Mackiol: Investment Manager with a focus on growth-oriented companies.
Stefan Leermann: Geschäftsführer with a strong background in venture capital.
Ivo Harzdorf: Geschäftsführer with extensive experience in investment management.
Dr. Matthias Kalbus: Investment Director with a focus on technology-driven startups.
To pitch to CFH Management GmbH, founders should visit their website and utilize the provided contact email, cfh@cfh.de. A well-structured pitch deck is essential, and it should include key information such as the business model, market analysis, competitive landscape, and team qualifications. CFH prefers pitches that clearly articulate the startup's vision and growth potential.
Response times may vary, but founders can expect to hear back within a few weeks. Warm introductions are beneficial, as they can enhance the likelihood of a favorable response. CFH is open to reviewing pitches from startups at various stages, from pre-seed to growth equity.
In 2023, CFH Management GmbH achieved a significant milestone with the first closing of its TGFS III fund, raising €93.5 million. This fund is dedicated to supporting early-stage technology startups in Saxony.
CFH has also been active in enhancing its portfolio, which includes over 100 startups funded since 2008. Notable recent investments include a seven-figure investment in SaxonQ, a Leipzig-based quantum computing startup.
The firm continues to solidify its position as a leading venture capital player in Saxony, focusing on fostering regional economic development through strategic investments.
What are CFH Management GmbH's investment criteria?
CFH primarily invests in technology-driven startups and growth-oriented medium-sized enterprises in Saxony. They focus on sectors such as IT, semiconductor technology, medical technology, electronics, and new materials.
How can I pitch to CFH Management GmbH?
Founders can pitch their startups by visiting the CFH website and using the contact email provided. A well-prepared pitch deck should include details about the business model, market opportunity, and team.
What is the typical check size for investments?
CFH Management GmbH typically invests between €200,000 and €10 million, depending on the stage of the company and the specific fund being utilized.
What makes CFH Management GmbH different from other VCs?
CFH has a strong regional focus on Saxony and a long-standing commitment to supporting local startups. Their dual fund structure allows them to cater to both early-stage and growth-stage companies effectively.
What is the geographic scope of CFH Management GmbH's investments?
CFH exclusively invests in the Saxony region of Germany, emphasizing the importance of local economic development.
What kind of support do portfolio companies receive post-investment?
CFH provides not only equity capital but also strategic expertise to help portfolio companies navigate growth challenges and innovate within their sectors.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.