Wachstumsfonds Bayern, or the Growth Fund Bavaria, is a Bavarian Ministry of Economic Affairs, Regional Development and Energy growth fund managed by Bayern Kapital. The Growth Fund Bavaria finances young technology companies seeking growth capital.
In these companies, the Growth Fund Bavaria looks for experienced management teams, sustainable and marketable technologies protected by intellectual property rights, significant market volume, scalable business model and an exit scenario.
The Growth Fund Bavaria has invested in GNA Biosolutions, a Munich-based molecular diagnostics company.
Wachtumsfonds Bayern invested $13.5M in GNA Biosolutions.
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