Infosys Invests €5.0M in German VC Firm UVC Partners

Infosys Ltd has announced a strategic investment in UVC Partners, a prominent venture capital fund based in Germany, committing €5.0 million. This move is part of Infosys’ broader strategy to enhance its capabilities in artificial intelligence (AI) and deep technology, areas that are increasingly integral to its clients’ digital transformation efforts.

The investment will be channelled through Infosys Germany GmbH, a wholly-owned subsidiary of Infosys Ltd, into UVC Fonds IV GmbH & Co. KG. This fund, managed by UVC Partners, is dedicated to supporting early-stage ventures within the German and broader European ecosystems. Infosys’ collaboration with UVC Partners aligns with its innovation strategy, leveraging UVC’s expertise and network to co-create next-generation solutions in AI and deep tech.

UVC Partners, a leading venture capital firm, is known for its focus on disruptive startups that address global challenges through technology and innovation. Their investment areas include AI, software, deep tech, space tech, semiconductors, quantum computing, robotics, decarbonisation, nuclear fusion, hydrogen, and mobility. As an exclusive partner of UnternehmerTUM, a major innovation and startup centre in Europe, UVC Partners has access to a robust industrial network and talent pool from TUM, one of Europe’s leading technical universities.

Infosys’ investment is structured as a limited partner commitment, with the company holding a minority stake not exceeding 20% of the fund’s total size. The capital commitment will be made over an investment period of approximately 5 years, with funds being drawn as needed.

This strategic investment underscores Infosys’ commitment to harnessing cutting-edge technologies to drive business transformation for its clients. By partnering with UVC Partners, Infosys aims to strengthen its position in the rapidly evolving tech landscape, gaining access to innovative solutions and emerging technologies that can be integrated into its client offerings.

UVC Partners brings extensive investment and exit experience to the table, along with a proven track record of building sustainable category leaders. This partnership is expected to facilitate the development of impactful technologies and solutions, positioning Infosys and UVC Partners at the forefront of technological advancements and industry transformation.

On July 24, 2024, the share price of Infosys Ltd opened at ₹1,837.50, touching the day’s high at ₹1,842.35, as of 9:54 AM on the NSE.

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