In 2021, bm|t’s Investee-Partners raised over EUR 140 million in equity and mezzanine capital. This outstanding amount represents a new record! The investments were distributed among 37 companies, including seven new bm|t Investee-Partners. Funds managed by bm|t invested ca. EUR 29 million and co-investors invested ca. EUR 112 million. Impressively, 25 bm|t Investee-Partners raised seven-figure sums in 2021, which is also a new record for bm|t. bmt also realized five exits in 2021 that returned over EUR 16 Mio.
“2021 was a very impressive and satisfying year for our Investee-Partners, with many companies demonstrating exceptional resilience, creativity, and even strong growth in some cases, in what continues to be a challenging environment,” commented Kevin Reeder, CEO of bm|t. Reeder continued, “Achieving this level of investment during the Covid 19 pandemic is a clear testament to the strength and diversity of innovative companies in Thüringen, and we are very pleased with the results of the past year. We at bm|t are also very grateful, because these results would not be possible without the strong collaboration with our valued partners.”
“The very high level of investment activity in 2021 proves again that bm|t and the whole investment ecosystem in Thüringen have made great progress in the last years. One can absolutely say that Thüringen has become an attractive innovation investment destination. We at bm|t are proud to play our part in this excellent development and to fulfill our mission of strengthening Thüringen’s economy through targeted investments in innovative growth companies,” Reeder concluded.
bm‑t beteiligungsmanagement Thüringen (bm|t), based in Erfurt, is the first address for venture capital investments in Thüringen, Germany. bm|t currently manages nine investment funds with a total volume of EUR 360 million and invests in innovative companies with strong growth potential across all industries and all phases of the company life cycle.