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HZG Group, a venture capital firm investing in early-stage additive manufacturing technology companies, is based in Lichtenfels, Germany. The firm provides capital, technical expertise, and industry networks, leveraging its NADDCON development and application center to support founders developing groundbreaking products or services that can transform production processes. Since its 2022 launch, HZG Group has screened over 2,700 startups and completed its first fund portfolio, actively participating in follow-up rounds. The firm has led significant investments, including trinckle's €3 million Series A round and Axtra3D's $6.25 million Series A. Its portfolio features companies such as trinckle, Axtra3D, and the MIT spin-off Rapid Liquid Print. HZG Group was founded in 2022 by Kerstin Herzog and Frank Carsten Herzog, who previously co-founded Concept Laser GmbH, later acquired by General Electric.
HZG Group has 2 tracked investments across 2 companies. The latest tracked deal is $9.3M Series A in Xolo in February 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Feb 21, 2023 | Xolo | $9.3M Series A | — | Frank Carsten Herzog, Kerstin Herzog, DeepTech & Climate Fonds, HZG Group, Onsight Ventures, Paua Ventures |
| Nov 3, 2022 | Axtra3D | $6.3M Series A | HZG Group | Frank Carsten Herzog, Steve Grundahl (amug 🦕) |
