Prof. Dr. h.c. Falk F. Strascheg is one of the most experienced and successful venture capitalists in Germany and Europe and founding partner of the venture capital company "EXTOREL Private Equity Advisers".
In 1971, Falk F. Strascheg launched Laser-Optronic in Munich and, after developing the company into the leading European manufacturer of lasers and laser systems within ten years, he successfully sold his company to the world market leader Coherent Inc. of Palo Alto, California.
He then founded TECHNOLOGIEHOLDING in 1987 and within a few years made it the leading venture capital company in Germany and the German-speaking countries.
Numerous innovative high-tech companies were financed by TECHNOLOGIEHOLDING as lead investor. At the end of December 2000, he sold the holding company to 3i Group plc. By then, of the 156 early-stage investments made, 13 young companies had been listed on international growth exchanges and 31 companies had been sold.
Falk Strascheg is a versatile serial entrepreneur, successful venture capitalist, charitable benefactor and patron.
Falk F. Strascheg holds numerous supervisory and advisory board mandates in various international technology companies. In 1998, he was President of the European Private Equity & Venture Capital Association (EVCA), the European industry umbrella organization.
Through his foundations, he has established various institutes for the promotion of entrepreneurship at HM - Hochschule München University of Applied Sciences, at EBS European Business School and at Polytechnic University in St. Petersburg since May 2002.
Extorel is the family office of the Strascheg family.