German VC Fund Smart Infrastructure Ventures launched $ 30 million Shivenchers II Fund to support startups in the early stages

After the success of its first funds, Lipjig-based VC funds Smart infrastructure AI, IT infrastructure and energy innovative technology have announced its launch of $ 30 million to invest in startups in the early stages, and announced the launch of Shiventycas II.

The current investment strategy has been provided up to € 500K for initial investment, planning to invest in about 30 startups in the Dutch region.

We have already recorded two successful departure, such as the US Medical Technology Group to sell the Lipjig-based Digital Health Startup Consultant in Rests. This significant departure after a short period of time has naturally had a positive impact on our funding for Shivenchers ii“Explained Dark FrohornartOne of the two managing director of the civilian.

Established in 2019, the founding team – the BNP in New York and London has supported Dark Frohornart as an investment director before the BNP Paribas and Fund Manager of London in London.

The Society team has more than 20 years experience in investment and entrepreneurs.

Shiventy also works closely with the SpinLab Group, which operates a number of accelerator programs in Germany and has a broad partner network.

“As an active investor, we not only supply Startups Capital, but also see ourselves as a practicing sparring partner“Added Björn bourmister, The second managing director of the civilian.

After the successful completion of the first fund in 2021, more than 75% of the $ 30 million target price has already been achieved. Fund management plans to double its volume compared to the first fund.

The successful investment of the first funds includes the genus-based cyberquacy-company engineers. According to funds, their portfolio companies have created more than 300 new jobs in Germany today.

New funds will focus on B2B startups at pre-bees and seed levels and have already investing four in AI, Software Development and Enterprise Software. Other potential investments are now appropriate.



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