UVC Partners focuses on early-stage investments in European B2B tech startups, including areas like AI, Software, Deep Tech, Space Tech, Semiconductors, Quantum, Robotics, Decarbonization, Nuclear Fusion, Hydrogen, and Mobility.
In an exchange filing, Infosys said, "The Infosys Innovation Fund aims to partner with UVC's ecosystem and startups to complement its capabilities and co-create next-generation solutions."
By partnering with UVC, Infosys gains access to early-stage European B2B tech startups. This strategic positioning allows Infosys to explore innovative technologies and solutions that align with its business goals. Investing in startups diversifies Infosys's portfolio beyond its core services. It provides exposure to emerging sectors like AI, Software, Quantum, Robotics, and Decarbonization.
Infosys said Germany is a strategic market for the company, and UVC is a leading early-stage venture capital firm investing in disruptive startups within the German and European ecosystems. "AI and Deep Tech are rapidly evolving and are crucial to Infosys' strategy, with increased usage across its clients for creating intelligent products, experiences, and business transformations," the IT company said in a press release.
Infosys has bought a minority holding in UVC, not exceeding 20 per cent of the fund size, in the all-cash deal.
UVC Partners is a Munich- and Berlin-based venture capital firm that invests in European B2B startups. The VC firm support founders who are radical, humble, genius, irreverent, bold, caring, visionaries, scientists, makers, truth-seekers, builders, inventors, and hackers. Its initial investments range from €500,000 to €10 million, and they're committed for the long haul, fostering growth and innovation. The UVC team includes rocket scientists, CS geeks, electrical engineers, AI researchers, mechanical engineers, materials scientists, and economists.
Infosys, in April, acquired in-tech, a leading Engineering R&D services provider focused on the German automotive industry. This strategic move enhances Infosys's engineering capabilities, particularly in areas like e-mobility, connected and autonomous driving, and electric vehicles. Through this acquisition, Infosys strengthens its engagements with leading German original equipment manufacturers (OEMs). The multidisciplinary team at in-tech, spread across Germany, Austria, China, the UK, and other locations, brings extensive industry expertise.
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