Germany-based Bauer Media Group has launched Bauer Venture Partners. Led by founder and managing partner Thomas Preuss, the venture fund seeks to invest 100 million euros in startups and early-stage tech firm within the next ten years.
Hamburg, August 4, 2014 – The Bauer Media Group continues to extend its activities in the digital sector and has jointly established the venture capital fund “Bauer Venture Partners” with the experienced venture capital expert Thomas Preuss. Within the next ten years, Bauer Venture Partners plans to invest 100 million euros in start-ups and young technology companies.
As an independent, return-oriented financial investor, the company will make stage agnostic equity investments in highly scalable digital business models in Europe. Moreover, selected fund-in-fund investments are planned. “We perceive ourselves as partners at eye level and would like to help the founders to build the companies and to develop them jointly further up to the point of a successful exit for all shareholders,” says Thomas Preuss, the founder and Managing Partner of Bauer Venture Partners GmbH. “In doing so, we have a stage-agnostic approach without focusing on any specific phase like seed, early-stage or growth investments.”
Since 2008, Preuss had been engaged e.g. as Managing Partner of Early-Stage Venture Capital Fonds Neuhaus Partners GmbH and has acquired many years‘ experience in establishing companies from the digital sector along with extensive expertise in management and strategy consultancy, with a primary focus on digital business models.
Andreas Schoo, Member of the Executive Board of the Bauer Media Group: “With Bauer Venture Partners as a return-oriented fund, we will also get access to new technologies, teams and innovations in the digital field.”