
CFH Management GmbH is a regional equity partner focused on providing capital to technology‑driven start‑ups and growth‑oriented mid‑size companies in Saxony. Through its TGFS technology founder fund and WMS growth fund, it supports knowledge‑intensive ventures in sectors such as semiconductor, quantum computing, industrial automation and digital health, aiming to strengthen the local innovation ecosystem.
Industries
Industry breakdown
Top industries in the portfolio
Geography
Geographic scope
Germany
Geography breakdown
Darker regions = more portfolio companies
Top 5 countries
United States of America
20.0%Venezuela
10.0%France
10.0%Japan
10.0%Countries with a higher share of the portfolio are shaded darker on the map.
Stages
Stage indicator
Seed
Stage breakdown
Portfolio by stage
Portfolio vintage
Companies by founded year
Fund details
Funds
TGFS I
Vintage 2008 • $66M
TGFS II
Vintage 2016 • $96.3M
TGFS III
Vintage 2023 • $102.9M
WMS I
Vintage 2005 • $38.5M
WMS II
Vintage 2012 • $44.1M
WMS III
Vintage 2019 • $93.5M
Wachstumsfonds Mittelstand Sachsen II
TGFS third generation fund
Vintage 2023
Check sizes
Min: $1.1M
Typical: $5M
Max: $11M