German venture capital firm UVC Partners has secured a €5 million investment from IT giant Infosys for a minority stake. This funding will be provided over a period of approximately five years, as needed. Infosys announced that this investment is part of its Innovation Fund, designed to collaborate with UVC’s ecosystem and startups to co-create advanced solutions using Deep Tech and artificial intelligence (AI).
Enhancing Business Transformation
The solutions developed through this partnership aim to support clients in their business transformation efforts by leveraging cutting-edge technologies such as AI and Deep Tech. Infosys views Germany as a key market and considers UVC Partners to be a leading early-stage venture capital firm with a focus on innovative businesses in the German and European markets.
Investment Details
In this all-cash transaction, Infosys has acquired a minority stake of up to 20 percent in UVC Fonds IV GmbH & Co. KG. The investment will be managed by Infosys Germany GmbH, a fully-owned subsidiary of Infosys. UVC Partners focuses on several key areas, including AI, software, deep tech, semiconductors, quantum computing, robotics, decarbonisation, nuclear fusion, hydrogen, and mobility.
Exclusive Access and Collaboration
Infosys also noted that UVC Partners has exclusive access to UnternehmerTUM, a prestigious European technical university. This partnership provides UVC with valuable talent and industrial networks, further enhancing its capabilities in fostering innovation.