Germany Trade & Invest's 1st Investment Forum
BERLIN AND PALO ALTO, CA, April 27 /CNW/ - US venture capitalists TA
Associates and Summit Partners announced this week a USD 350 million
investment in German online game developer Bigpoint, adding to the
growing list of US-based investments in German start-ups. Venture
capital investments in German companies yield average returns of 11.4
percent. This compares with 7.7 percent in the USA, according to a
recent Cepres study. To meet increasing investor interest in German
high-tech start-ups, Germany Trade & Invest is hosting its first
investment forum on April 28 in Menlo Park, California, to present
investment opportunities for venture capitalists in Germany.
German start-ups like Crowdpark, Customer Alliance, Game Genetics and
Zimory - all with positive revenue streams - will be showcasing their
innovative business models. These IT companies solve problems ranging
from facilitating back-end cloud computing (Zimory) to providing hotel
review aggregation to increase booking revenues (Customer Alliance).
Gaming is also a hot field. 'Dynamic betting' (Crowdpark) may soon
enter our vocabulary and a one-stop international portal for online
gaming (Game Genetics) is around the corner.
"German start-ups offer a wealth of potential for venture capital
investors and business angels. Not only is Germany one of the world's
innovation leaders, German entrepreneurs also excel at generating
reliable and steady returns," states Dr. Juergen Friedrich, Chief
Executive of Germany Trade & Invest.
Leading venture capital representatives will participate in the event -
Kleiner Perkins Caufield & Byers, Wellington Partners, BASF Venture
Capital, and event partner High-Tech Gruenderfonds - as well as
American companies like First Solar with a strong representation in
Germany's high-tech eastern regions.
Germany Trade & Invest is the foreign trade and inward investment
promotion agency of the Federal Republic of Germany. The organization
advises foreign companies looking to expand their business activities
in the German market. It provides information on foreign trade to
German companies that seek to enter foreign markets.
SOURCE Germany Trade and Invest
For further information:
Germany Trade & Invest