German Asset Manager Kgal Joins The Shareholders To Accelerate The Business To A New Level
AM Ventures, the leading venture capital firm in additive manufacturing (AM), announces the initial closing of the first-ever venture capital fund dedicated to industrial 3D printing. The company and major shareholders, the LANGER GROUP, join forces with KGAL, one of the leading independent investment and asset managers for real capital investments in Europe. The initial closing brings the fund close to 50% of the targeted commitment.
The fund will continue to focus on further strengthening the support for seed and early growth stage hardware, software, materials, and applications startups in industrial 3D printing globally. The closing of this one-of-a-kind investment fund represents a strong signal not only for the AM industry itself but also for investors looking to benefit from the strong dynamic in advanced manufacturing M&A. Dr. Hans Langer, Founding Partner in the newly formed fund and representative of the LANGER GROUP states:
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