TechVision Fonds
Startup fund arm of the Sparkassen-owned S-UBG group: shared managing directors (Bernhard Kugel, Ansgar Schleicher), shared Aachen office and S-UBG support team; TVF funds take third-party LP money S-UBG Gruppe (S-UBG AG, owned by eight Rhineland Sparkassen led by Sparkasse Aachen)
Also known as TVF, TVF Management GmbH, TechVision Fund, TechVision Fonds II GmbH & Co. KG, Seed Fonds II für die Region Aachen, Seed Fonds Aachen
Aachen early-stage VC (TVF Management GmbH), registered AIFM; >€100M AUM over four fund generations since 2007, backed by NRW.BANK, Sparkassen and entrepreneurs.
- HEADQUARTERS
- Aachen, Germany
- FOUNDED
- 2007
- AUM
- €100M (2025)
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 9 people
FOCUS
- STAGES
- Pre-SeedSeedSeries A
- SECTORS
- Software & SaaSArtificial IntelligenceDeep TechHealthTechBiotech & Life SciencesClimate & Energy
- ASSET MIX
- Venture capital
- GEOGRAPHY
- GermanyNetherlandsBelgium
WHAT IT IS
VC Fund. A fund manager investing capital raised from limited partners into startups.
- Fourth fund generation, launched 2023, final close above €50M in July 2025; runs until 2035; pre-seed to Series A in Germany, especially Rhineland/NRW and the Euregio Meuse-Rhine
- Earlier fund managed by TVF Management GmbH as managing limited partner
- Earlier regional seed fund managed by TVF Management GmbH as managing limited partner
ABOUT
TechVision Fonds (TVF) is an Aachen-based early-stage venture capital manager that has financed more than 40 startups across four fund generations since 2007. TVF Management GmbH, a registered AIFM under section 2(4) KAGB, is managing limited partner of Seed Fonds II für die Region Aachen, TechVision Fonds I and TechVision Fonds II, and manages over €100M. TVF II closed in July 2025 at more than €50M with NRW.BANK, Sparkasse Aachen and other regional savings banks, Helaba and entrepreneurs as investors. It invests from pre-seed to Series A in B2B technology companies within about two hours of Aachen (Rhineland, Netherlands, Belgium) and works with the S-UBG Group's network of over 150 SMEs.
INVESTMENT THESIS
B2B technology companies with a strong technology core in SaaS/software, IoT, digital solutions, medtech, biotech, new materials and greentech, mainly within two hours of Aachen (Rhineland, neighbouring Netherlands and Belgium); mostly seed, occasionally Series A, ideally as lead; initial ticket €500k-2M, up to €6M per company.
PORTFOLIO (31)
- WakelineArtificial Intelligence · since 2026
- octonomyArtificial Intelligence · since 2025
- Black SemiconductorDeep Tech · since 2024
- VivalyxHealthTech · since 2024
- PL BioScienceBiotech & Life Sciences · since 2020
- PivioArtificial Intelligence · since 2024
- PathmonkSoftware & SaaS · since 2022
- MembionClimate & Energy · since 2023
- LiSASoftware & SaaS · since 2022
- PlantedClimate & Energy · since 2024
- HBOXHealthTech · since 2023
- Dr. SAMSoftware & SaaS · since 2021
- Catch TalentsSoftware & SaaS · since 2022
- automaitedArtificial Intelligence · since 2021
- ElevearDeep Tech · since 2023
- ONIQSoftware & SaaS · since 2022
- specter automationSoftware & SaaS · since 2023
- EedenClimate & Energy · since 2022
- Taxy.ioSoftware & SaaS · since 2019
- IonKraftDeep Tech · since 2024
- MOQOMobility & Logistics · since 2018
- CUREosityHealthTech · since 2021
- ProtembisHealthTech · since 2018
- aquila biolabsExited
- Adhesys MedicalExited
- SilexicaExited
- M2P LabsExited
- PRECIRE TechnologiesExited
- KLANG:technologiesExited
- HemoventExited
- AIXaTECHExited
TEAM
- Ansgar SchleicherManaging Partner; Managing Director · source
- Bernhard KugelManaging Partner; Managing Director · source
- Björn LangManaging Partner; Managing Director · source
- Peter BoymansPartner; CFO · source
- Pascal BlessSenior Investment Manager · source
- Lars Diehl-GussenSenior Investment Manager · source
- Cäcilie ReyInvestment Associate · source
- Sarah BuchholzInvestment Associate · source
- Jan LinznerInvestment Associate · source
LINKS
FAQ
TechVision Fonds is a VC fund based in Aachen, Germany, founded in 2007.
Yes. TechVision Fonds invests directly in private companies.
TechVision Fonds invests at Pre-Seed, Seed and Series A stages in Software & SaaS, Artificial Intelligence, Deep Tech, HealthTech, Biotech & Life Sciences and Climate & Energy.
TechVision Fonds's stated ticket size is €500K–€2M.
Key people at TechVision Fonds include Ansgar Schleicher (Managing Partner; Managing Director), Bernhard Kugel (Managing Partner; Managing Director), Björn Lang (Managing Partner; Managing Director) and Peter Boymans (Partner; CFO).
TechVision Fonds's investments include Wakeline, octonomy, Black Semiconductor, Vivalyx, PL BioScience, Pivio, Pathmonk and Membion, among others.
The most recent publicly reported investment by TechVision Fonds is Wakeline (€2.1M pre-seed (lead, with neoteq ventures)), announced in Jun 2026.
TechVision Fonds states that it accepts submissions through its official contact page.
Yes. TechVision Fonds manages capital from outside investors.