Hasso Plattner starts HassoPlattnerVentures

Filed in archive Venture Capital by tj on June 27, 2006

Hasso Plattner, co-founder of SAP has started his retirement do-good fund called HassoPlattnerVentures. No big guessing who invests here and runs the fund - here is what Tech Confidential says:

"Hasso Plattner, one of the four founders of German enterprise software giant SAP AG, says he's raising a €50 million fund to back startup companies that will be housed in a new incubator he recently established in a renovated villa, sandwiched between the Hasso Plattner Institute and the Potsdam-Babelsberg film park.

Plattner, 61, said he would commit up to half of the target capital and that he would also head the firm, Hasso Plattner Ventures, with Eran Davidson, 46, an Israeli venture capital and incubator specialist. "

Rumors are that Hasso is very actively searching for first investments and devotes quite some time meeting entrepreneurs. So if you always wanted to have a meeting with Hasso and when you also look for money - that might be the right opportunity.

Related Entries:

Hasso Plattner - 08 July 2004
European Venture Market in Potsdam Germany - 09 August 2006
505er-Segler: Start der WM in Süd- Australien - 29 January 2007
The blackboard & The New Idea - SAP A1S - 26 May 2007

« Akimbo with $15.5m round | Main | Samwer brothers start Fou... »

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Rating: 9.00 out of 2 vote(s) cast.

Response from: lukasz (07/01/06 3:40pm)

aehm, the fund is already one year old...

Response from: TJ (07/02/06 12:04pm)

Lukasz,

true - the fund is around for more then a year. Sorry for the lapse.

There is no record of a the homepage at http://www.archive.org
so I was a little confused. But apparently the first press releases came out in June 05.

Thanks!

TJ

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