With the fresh recruitment and the new office, the corporate development advisory and seed investment firm aims for M&A market leadership in the fields of IoT, deep tech, automotive, cybersecurity, energy & 'Industry 4.0'.
After 14 years in London with Lehman Brothers/Nomura, the Royal Bank of Canada and most recently NOAH, that means Lumpe’s mission as head of i5invest Germany is clear.
"We will provide mature German tech companies with the decisive boost to grow exponentially on the international stage. We see ourselves as a pan-European player, operating from Germany to a much greater extent with the latest move," Lumpe says.
For Markus Wagner, who founded i5invest in 2007 but has been living in Palo Alto in Silicon Valley for many years, and i5invest CEO Herwig Springer, Lumpe was the right match at the right time: "It fits both on a personal and professional level. We have a large overlap in DeepTech in terms of our focus. Automotive, IoT, Industry 4.0, autonomous driving, B2B SaaS, industrial automation or energy are both his and our strong topics. Both sides have been working together with the market leaders in these segments for years. He also brings with him a portfolio that is very much in line with our plans for the future and is rounded off by his excellent contacts from London and the entire tech industry."
Today, i5invest has more than 40 employees with offices in Vienna, Berlin, Zurich, Sofia and with its partner i5growth on the US West Coast in San Francisco and Palo Alto. The company has recently exited iTranslate, which was sold to the IAC Group (the company behind Tinder, Match, Vimeo etc.), and welcomed Google as an investor into Vienna-based voice control startup Stream Unlimited.