UVC Partners, the venture capital investor aligned with TU Munich, has launched a €150 million growth fund and, according to Sifted, has secured an initial €77 million towards the target size.
Limited partners have not been identified.
The fund will invest from the early stage through to series B, and make select investments beyond this. It will inject up to €15 million into new startups and allow UVC Partners to double down on its existing portfolio.
UVC Partners also hopes to use the fund to grow its European portfolio, building on a pipeline that has thus far largely revolved around the Munich ecosystem, where UVC Partners is attached to the university innovation hub UnternehmerTUM.
“With our new Growth Fund, we combine the best of both worlds. We selectively double down on our top-performing portfolio companies and expand our ownership when investments cannot be fully covered by the early-stage fund. This strategy is a win-win.
“We can retain attractive investment opportunities and enable our founders to raise large growth-stage financing rounds. In addition, we are creating new opportunities by investing in promising late-stage companies that have not previously been part of our portfolio – both from our continuously growing ecosystem and across Europe.”
Johannes von Borries, ,anaging partner at UVC Partners
The growth fund follows UVC Partners’ €250 million Fund IV, which reached its hard cap in August 2024.
