NFon becomes HTGF’s first IPO

The German agency was the business’s earliest investor.

Germany’s state-backed investment agency High-Tech Gründerfonds (HTGF) has announced the first initial public offering (IPO) of a portfolio company. NFon, a Munich-based cloud telecoms business, received its first investment from HTGF in 2008 and has raised around €50m ($59m) from its listing.

See more from this Government Report: Germany

Back

Supporting articles

Copyright Mawsonia Limited 2010. Please don't cut articles from www.globalgovernmentventuring.com or the PDF and redistribute by email or post to the web without written permission.

Most read

  1. Bahrain launches $100m fund of funds

    May 25, 2018

  2. NFon becomes HTGF’s first IPO

    May 25, 2018

  3. Ant Financial to access $10bn

    May 25, 2018

  4. Budget grants Invest Georgia extra $10m

    May 25, 2018

  5. CalPERS plans direct investment strategy

    May 25, 2018