Capital Stage, the German-listed technology investment firm, is to launch a fund focusing exclusively on nanotechnology. Capital Stage Nanotech Invest hopes to raise E100m and will target investments in Western Europe, the US and Japan.
According to Berndt Samsinger, who will head the fund’s management team, the fund will aim to make investments of between E0.5 and E5m in firms specialising in the IT, technology and machinery sectors. “Given that this is an emerging industry, we will be looking to make early-stage minority investments in private companies. We believe that this is a very good time to be investing in this sector as a growing number of firms look to exploit nanotechnology on a commercial basis.”
The fund, which will be operated from Hamburg and Zurich, will see Capital Stage and its strategic partners contributing E20m of the E100m total. A survey by the German Association of Engineers (VDI) predicts that growth in the nanotechnology sector will average 17 per cent over the next ten years.
Capital Stage is a listed financial services company that provides equity investment advice in Germany and Switzerland. It currently manages 21 high-tech investments through its wholly owned investment company, of which two are nanotechology-based investments.