Partner Romy Schnelle moves up to the HTGF management board
Bonn — The Investor Advisory Board has appointed Romy Schnelle (44) to the management board of High-Tech Gründerfonds (HTGF). Together with Dr. Alex von Frankenberg and Guido Schlitzer, she thus takes over the management of one of the leading fund companies for seed investments in Europe. HTGF launched its fourth fund as recently as February and now manages total capital of around EUR 1.4 billion. With the approximately 500 million euros from Fund IV, the HTGF team can now invest even more capital per start-up.
Romy Schnelle has been part of the startup ecosystem for 20 years and brings a great enthusiasm for innovation. She has been working for HTGF since 2008, most recently as a partner in the Digital Tech division. Together with her team, she is currently responsible for around 30 investments with a focus on climate tech, digital health, fintech, AI and SaaS. It has already successfully sold ten companies from its own portfolio, including Stocard to Klarna and Kiwigrid to Innogy, LG Electronics and Aqton. With her extensive start-up experience as well as relevant expertise in business development, fundraising and corporate finance, Schnelle has contributed significantly to the development of HTGF’s Industrial and Digital Tech portfolio. She is also an advisory board member in start-ups and chairwoman of the investment committee of TX Group, one of the leading media houses in Switzerland.
Before joining HTGF, she co-founded the Fraunhofer spin-off IOSONO, now Barco Audio Technologies, with mp3 inventor Prof. Karlheinz Brandenburg. She began her career in business development at the Fraunhofer Institute for Digital Media Technology. Schnelle studied media science at the Technical University of Ilmenau.
“With her proven expertise and many years of experience in building innovative companies, Romy Schnelle will drive the further development of HTGF together with her management colleagues. As one of the first women in the venture capital scene over 15 years ago, she thus also acts as a role model and now brings this valuable perspective to the management team as well. We are very much looking forward to working with them,” says Anna Christmann, Commissioner for Digital Economy & Start-ups at the Federal Ministry of Economics and Climate Protection.
“We are very pleased to have been able to recruit a highly competent investment professional from the ranks of HTGF for the position of Managing Director. Romy Schnelle is an experienced manager with a proven network, who has convincingly prevailed in the application process. Together with Dr. Alex von Frankenberg, Guido Schlitzer and the team, she will write the next chapter in the success story of High-Tech Gründerfonds,” Dr. Matthias Koehler, Chairman of the Investor Advisory Board and Ministerial Director, Federal Ministry of Economics and Climate Protection
“It is with great enthusiasm that I, as Managing Director, will continue to successfully shape the start-up ecosystem with HTGF as Germany’s most active seed fund. I would like to thank the Advisory Board very much for the trust they have placed in my work. I am looking forward to working with my management colleagues, the partners and the entire HTGF team. Together we will lead High-Tech Gründerfonds responsibly and entrepreneurially into the future,” Romy Schnelle (Photo © HTGF), Managing Director of High-Tech Gründerfonds.
About High-Tech Gründerfonds
The seed investor High-Tech Gründerfonds (HTGF) finances technology start-ups with growth potential and has supported more than 700 start-ups since 2005. With the launch of the fourth fund, HTGF has around 1.4 billion euros under management. The team of experienced investment managers and start-up experts supports the young companies with know-how, entrepreneurial spirit and passion. The focus is on high-tech start-ups in the fields of digital tech, industrial tech, life sciences, chemistry and related business areas. More than €4.5 billion in capital has been invested in the HTGF portfolio by external investors in more than 2,000 follow-on financing rounds to date. In addition, the fund has already successfully sold shares in 170 companies.
Fund investors in the public-private partnership include the German Federal Ministry for Economic Affairs and Climate Protection, KfW Capital, and 45 companies from a wide range of industries.