F-LOG Ventures: FIEGE sets up venture capital fund
Seed funding for start-ups
The FIEGE Group has called to life its own venture capital fund, F-LOG Ventures. For some years now, the fulfilment provider that operates across Europe has been gaining expertise on how to seed fund start-ups that pursue solutions for logistical challenges. To achieve this, it has launched its own, independent VC fund. The primary focus of F-LOG Ventures is Big Data, Artificial Intelligence, or Software as a Service (SaaS) that concentrates on logtech. A mid-range eight-figure investment sum has been made available for this.
F-LOG Ventures centres on young, international, primarily European enterprises in their seed funding or Series A phase. The fund seeks scalable business ideas that take an innovative approach to logistical information, material, or financial flows. The team has many years of venture capital experience with prior experience as fund managers, investors, and incorporators. F-LOG Ventures is managed by Andreas Pott from the FIEGE Group and Tanja Rosendahl as well as Tim Gudelj as Managing Partners.
Felix Fiege, CEO of the FIEGE Group who spearheads the company together with his cousin, Jens Fiege explains: “As an anchor investor, we aim to think outside the box whenever it is sensible and promising to financially participate in new market developments and innovations.” Companies to be added to the portfolio may even include business models that compete with the logistics provider’s core operations. “If desired, we give start-ups from the portfolio of F-LOG Ventures in turn the opportunity to benefit from 150 years of supply chain experience and our broad network within and outside of the world of FIEGE”, says Felix Fiege.
More information on F-LOG Ventures at: www.f-log.vc