January, 4 2019 A record-breaking 2018 for bm|t

In 2018, for the sec­ond year in a row, bm|t´s investee-part­ners raised over 100 Mio. EUR. bm|t itself invested nearly 30 Mio. EUR in 29 com­pa­nies, 16 of which were new investee-part­ners – a record for bm|t. In 2018, co-Investors invested over 70 Mio. EUR in 32 com­pa­nies in which bm|t is invested. “2018 was again an excel­lent year for cap­i­tal rais­ing for bm|t´s investee-part­ners, and the sub­stan­tial pri­vate invest­ment is a strong val­i­da­tion of the attrac­tive­ness of the inno­v­a­tive com­pa­nies we have in Thürin­gen,” com­mented Kevin Reeder, CEO of bm|t.

We are extremely pleased with the quan­tity and, most impor­tantly, the qual­ity of the new investee-part­ners we were able to gain in 2018. The strength of the teams, the level of tech­nol­ogy, and the unique­ness of the busi­ness mod­els have all been trend­ing pos­i­tively over the last years, but 2018 was truly a break­through year, with com­pelling invest­ments in 16 new investee-part­ners. Our team worked extremely hard through­out the year to close a record num­ber of deals and lay the foun­da­tion for the next decade of strong invest­ment results and eco­nomic activ­ity for Thürin­gen,” said Mr. Reeder.

bm|t cur­rently man­ages eight invest­ment funds that span the entire spec­trum of the cor­po­rate life­cy­cle, from seed invest­ments for start-ups to growth equity and mez­za­nine fund­ing for estab­lished com­pa­nies. “In 2018, we expe­ri­enced a healthy mix of early-stage, growth-stage, and late-stage invest­ments, and it is clear that the breadth of our port­fo­lio across stages and sec­tors has been a key ele­ment of our suc­cess to date,” com­mented Mr. Reeder. In 2018, a sig­nif­i­cant par­tial-exit fur­ther cemented bm|t´s strong invest­ment performance.

In 2018, bm|t cel­e­brated its 15th year as an invest­ment com­pany focused on stim­u­lat­ing eco­nomic activ­ity in Thürin­gen and gen­er­at­ing pos­i­tive invest­ment returns. “The strong results of the last two years, both in terms of invest­ment returns and invested cap­i­tal, give the entire team a high degree of con­fi­dence that we are ful­fill­ing our mis­sion of strength­en­ing Thüringen´s econ­omy through tar­geted invest­ments in inno­v­a­tive growth com­pa­nies,” con­cluded Mr. Reeder.