EcoIntense rounds up 22 million euro cash injection
One Peak Partners and Morgan Stanley Expansion Capital are on board. Together, the private equity firms invest 22 million euros in Berlin-based EcoIntense. The late stage software startup has been cashflow positive since 2012 and even debt free since 2014. But “it’s almost like an old saying: you should have a financing round, when you don’t need any cash,” Markus Becker, Co-founder of EcoIntense explained his reason for raising capital anyhow.
Read moreEcosummit TV – ECO11 – Holger Schmitz – Ventizz Capital
Holger Schmitz is investment manager at Ventizz Capital, a private equity firm focused on investing growth capital into strong Cleantech companies in the German speaking countries. They don’t do early stage VC deals but rather look for companies that have between €10M and €200M revenues. Their current portfolio includes 1366 Technologies and Sovello. Apparently, their funds enjoy a very good performance with an investment multiple of 7.8 on average.
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