In 2020, bm|t´s Investee-Partners raised 55 Mio. EUR of equity and convertible capital. This marks the fifth year in a row with over 40 Mio. EUR investment in bm|t´s Investee-Partners. The investments in 2020 were spread broadly across 32 companies, including three new bm|t Investee-Partners. Funds managed by bm|t invested 24.9 Mio. EUR, and co-investors invested 30.2 Mio. EUR in a total of 43 investment rounds. Impressively, 21 bm|t Investee-Partners raised seven-figure sums in 2020 – this number of larger rounds is an all-time record for bm|t.
„2020 was an impressive year for bm|t´s Investee-Partners, as many companies demonstrated exceptional resilience and creativity in the face of an uniquely challenging environment,“ commented Kevin Reeder, bm|t´s CEO. Mr. Reeder continued, “Achieving this level of investment during the Covid-19 pandemic is an incredibly strong testament to the strength and breadth of innovative companies in Thüringen, and we at bm|t are very pleased with the results of the past year.”
„With the fifth consecutive year of strong investment activity, it is clear that bm|t and the entire investment ecosystem in Thüringen have made great strides over the last years. Thüringen has undoubtedly been discovered by more private and institutional investors as an attractive location for investment. We at bm|t are proud to play our part in this excellent development and to be fulfilling our mission of strengthening Thüringen´s economy through targeted investments in innovative growth companies,“ concluded Mr. Reeder.
Erfurt-based, bm|t beteiligungsmanagement Thüringen (bm|t) – a subsidiary of the Thüringen Development Bank, is the first address for Venture Capital and Private Equity investments in Thüringen, Germany. bm|t currently manages ten investment funds with a total volume of 440M EUR. bm|t invests in innovative companies with strong growth potential across all sectors and all phases of the corporate lifecycle.