The German laser communication specialist Mynaric has won the German-born PayPal co-founder Peter Thiel and Tinder founder Justin Mateen as investors as part of its IPO on Wall Street.
Cathie Woods Ark Invest had also come on board, the company from Gilching near Munich, founded in 2009, announced on Monday.
The German Christian Angermayer has again invested with his family office Apeiron.
Mynaric, whose technology is used to transmit data in space over tens of thousands of kilometers between satellites and which Northrop Grumman recently won as a customer, has been listed in Germany for years. When the IPO on Wall Street on Friday, the papers opened with a plus of more than 20 percent at the issue price of 16.50 dollars. Together with the placement reserve, the company will receive almost $ 76 million, which will mainly be invested in the expansion of production capacities and new products.
Angermayer now has some experience with IPOs in the USA.
He and Apeiron accompanied the new issues of the American cancer drug company Sensei Biotherapeutics as well as the biotech companies Abcellera, Compass Pathways and the biotech start-up Atai Life Sciences, which specializes in the treatment of mental illnesses with so-called “magic mushrooms”.