Infosys Boosts Innovation Strategy with €5M Investment in UVC Partners

Infosys, an IT company, has decided to invest €5 million in UVC Partners, a venture capital fund based in Germany. This investment will be spread over about 5 years, with funds allocated as needed during this period.

Infosys stated in a filing that its Innovation Fund plans to team up with UVC Partners' network and startups. This collaboration aims to strengthen Infosys's capabilities and jointly create advanced solutions for the future.

These solutions use artificial intelligence (AI) and advanced technology to help clients transform their businesses.

Infosys emphasized that Germany holds strategic importance as a market, while UVC Partners is recognized as a prominent early-stage venture capital firm investing in innovative startups across Germany and Europe. According to Infosys, artificial intelligence (AI) and advanced technology are rapidly advancing and pivotal to its strategy, increasingly applied by clients to develop intelligent products, enhance experiences, and drive business transformations. This was highlighted in a recent press release by the IT company.

Infosys has purchased a minority stake, which does not exceed 20% of the total fund size, in an all-cash transaction.

Infosys will invest in the new fund, UVC Fonds IV GmbH & Co. KG, through its wholly-owned subsidiary, Infosys Germany GmbH.

UVC Partners focuses on various key areas such as AI, software, deep tech, space tech, semiconductors, quantum computing, robotics, decarbonization, nuclear fusion, hydrogen technologies, and mobility.

Infosys mentioned that UVC Partners has access to industrial networks and talent from a prominent European technical university, UnternehmerTUM, through an exclusive partnership.