OTS: HZG Group / HZG Group increases capital “HZG Additive Manufacturing … | News

HZG Group Increases Capital “HZG Additive Manufacturing Tech Fund”

up to EUR 60 million

Lichtenfels / Coburg (ots) –

– A venture capital fund of initially € 50 million a few months later

First Close Significantly Oversubscribed

– A group of investors consisting of experienced entrepreneurs and important family offices

– Created by the pioneers of 3D printing Kerstin Herzog and Frank Carsten Herzog

Early-stage start-up perspectives: capital, experience and network

Just a few months after the announcement of the premiere, the promoters of 3D printing with

The HZG Group announces another milestone: the one with a volume of 50

million euros announced the closure of the HZG Additive Manufacturing Tech Fund

and clearly over-subscribed. The subscribed capital was on the possible

The upper limit of EUR 60 million has been increased.

Following the initial investment of industry pioneers Kerstin Herzog and Frank Carsten

Duke over 25 million euros has significant family offices and experience

Entrepreneurs and investors placed subscriptions for the remaining shares of the fund. this

the group of investors is aware of the fund’s investment strategy and potential

The development in the industrial area of ​​additive manufacturing (3D printing) is convincing.

Frank Carsten Herzog, Founder and Managing Director of the HZG Group, says: “We

we were sure that we would be able to attract investors for our offer. He has us in it

pleasantly surprised that we were able to close the fund so quickly. we

are fortunate enough to have a carefully selected group of investors

gathered together with whom we can exchange ideas intensively.

Combined experience, proven track record, and access to

excellent 3D printing infrastructure, we want young entrepreneurs to be effective

support and take it to the next level to become an industry partner

establish.”

Entrepreneur Rolf Schwind, one of the investors of the HZG fund, says: “As

A technological leader in laser eye systems, eye-tech solutions from SCHWIND are working

we are constantly working on innovative solutions. Additive technologies allow us

rethink our high-tech products and improve them. Clear direction

HZG Fund for 3D Printing and the Experience of Frank Carsten Herzog and Kerstin

As pioneers in this field, Herzog convinced me to continue in this

investing in the future ”.

As a venture capital investor, the HZG Group participates in the early stage (from

Series A) for innovative start-ups mainly from Germany, Austria and

Switzerland. The investment focuses on all areas of additive manufacturing and

adjacent industries: from machines and processes to applications

and Industry 4.0 services such as Machine

Science, Robotics, Automation, Internet of Things (IoT), and AI applications.

2-3 investments per year are planned in the future.

In addition, the group is currently building in Lichtenfels with NADDCON

own research and development center at the highest world level

on. As a technology platform, NADDCON brings together the necessary infrastructure for

Testing and optimization of practical future digital technologies. This

The offer can also be used as a service by HZG’s portfolio companies

Will.

Kerstin Herzog and Frank Carsten Herzog together with an experienced team

engineers in the HZG Group. Contact persons and supporters of innovative teams.

They bring the experience they have built on their successes

an entrepreneurial path from the founding of Concept Laser GmbH over 20 years ago

we have developed: From idea, through research, development and establishment to

to strong growth and successful integration into a global corporation

General Electric.

New technologies for medium-sized companies

Additive manufacturing goes to an increasing number of industries. According to

EY management consulting is expected by nearly half of German companies

additive manufacturing of end products as early as 2022. The main focus is on

manufacturing industry, but also in sectors such as transport and logistics

3D printing is gaining importance. It is possible with the global market in mind

Learnbonds has reported sales growth of approximately 16 billion now

up to EUR 40.8 billion by 2024.

About the HZG Group

The HZG Group comprises the areas of venture capital and business investments

Angel Investments and own R&D center with a transparent

Together, focus on 3D printing. In venture capital activities

The HZG Group focuses on investments in the DACH region. Moreover

the group is involved in the seed phase through HZG NewConcepts

promising founders as business angel investors. In Lichtenfels one of the

global beacons for 3D printing, the HZG Group builds its own with NADDCON

A research and development center that also functions as a portfolio company

separate service Access to own research and development center

at the highest international level.

The founders and managing partners of the HZG Group are Kerstin Herzog

and Frank Carsten Herzog. With the foundation of the Concept Laser in 2000

The basis of own research work, the development of the company to

Technology and innovation leader in metal 3D printing as well

They expect successful integration with the global corporation General Electric

over 20 years of experience in 3D printing and complements it

Equity investments in line with their know-how, understanding of the industry,

network and its passion for technology. Besides being enterprising

The activities of Kerstin Herzog and Frank Carsten Herzog are regionally involved as

Sponsors in the field of education and in the networking of science i

Business.

Further information: http://www.hzg-group.com

Press contact:

Hoschke & Co. Public Relations GmbH

Max Lange / Lukas Schuez

tel. (0 40) 36 90 50 – 34 / -32

mailto: hzg@hoschke.de

Further material: http://presseportal.de/pm/159177/5226889

OTS: HZG Group

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