{"id":15989,"date":"2018-03-30T13:06:15","date_gmt":"2018-03-30T11:06:15","guid":{"rendered":"https:\/\/www.bm-t.de\/2023-en\/bmt-venture-insights-1-18-15-years-of-bmt-a-brief-history\/"},"modified":"2024-03-08T13:09:44","modified_gmt":"2024-03-08T12:09:44","slug":"bmt-venture-insights-1-18-15-years-of-bmt-a-brief-history","status":"publish","type":"post","link":"https:\/\/www.bm-t.de\/en\/2018-en\/bmt-venture-insights-1-18-15-years-of-bmt-a-brief-history\/","title":{"rendered":"bm|t Venture Insights 1\/18: 15&nbsp;years of bm|t \u2014 A brief History"},"content":{"rendered":"<div>\n<p><strong>bm|t is cel\u00ade\u00adbrat\u00ading its 15<sup class=\"ordinal\">th<\/sup> birth\u00adday in 2018 and some pre\u00adde\u00adces\u00adsor organizations\/funds date back over 20&nbsp;years. This long and con\u00adsis\u00adtent pres\u00adence and the valu\u00adable net\u00adworks that have been estab\u00adlished have allowed us to build a strong posi\u00adtion in Th\u00fcringen.<\/strong><\/p>\n<h3>HIGH RATIO OF TECHNOLOGICAL PROWESS DIVIDED BY INVESTOR AWARENESS<\/h3>\n<p>For way of back\u00adground, sev\u00aderal of bm|t\u2019s early-stage funds are sup\u00adported with money from the Euro\u00adpean Fund for Regional Devel\u00adop\u00adment, and in the past as part of this pro\u00adgram Th\u00fcrin\u00adgen has qual\u00adi\u00adfied as a dis\u00adad\u00advan\u00adtaged region char\u00adac\u00adter\u00adized by a \u203amar\u00adket hole\u2039, mean\u00ading that it is believed that pub\u00adlic cap\u00adi\u00adtal is needed to fill a void insuf\u00adfi\u00adciently addressed by pri\u00advate capital.<\/p>\n<p>Gen\u00ader\u00adally, we believe that cap\u00adi\u00adtal flows rel\u00ada\u00adtively effi\u00adciently to oppor\u00adtu\u00adnity; how\u00adever, our expe\u00adri\u00adence here in Th\u00fcrin\u00adgen does indeed belie this view, as across all the tech\u00adnol\u00adogy lead\u00ading regions of the world where we have invested we have never encoun\u00adtered such a high ratio of tech\u00adno\u00adlog\u00adi\u00adcal prowess divided by investor aware\u00adness as we have here in Th\u00fcringen.<\/p>\n<h3>INNOVATIVE TECHNOLOGIES PACKED INTO EFFECTIVE AND INVESTABLE COMPANIES&nbsp;FOR THE GLOBAL MARKETS<\/h3>\n<p>There is no doubt that this excep\u00adtional com\u00adbi\u00adna\u00adtion has many fac\u00adtors dri\u00adving it, but clearly the his\u00adtory of the region and oper\u00adat\u00ading under another eco\u00adnomic phi\u00adlos\u00ado\u00adphy until 1989 has played a very large role in cre\u00adat\u00ading this unique sit\u00adu\u00ada\u00adtion. Indeed some of the relics from the time of a strong tech\u00adno\u00adlog\u00adi\u00adcal infra\u00adstruc\u00adture with lit\u00adtle or no oppor\u00adtu\u00adnity for global dis\u00adtri\u00adb\u00adu\u00adtion or cap\u00adi\u00adtal rais\u00ading are still present. How\u00adever, we are glad to report that we believe bm|t\u2019s and oth\u00aders\u2019 work to fill this mar\u00adket hole over the last twenty years has borne fruit and we now feel that great strides are being made in increas\u00ading investor aware\u00adness for the tremen\u00addous tech\u00adno\u00adlog\u00adi\u00adcal prowess we are blessed to have in Th\u00fcringen.<\/p>\n<p>The main con\u00adtri\u00adbu\u00adtion to that accom\u00adplish\u00adment, of course, lies with our Investee-Part\u00adners, who have become increas\u00adingly savvy about how to pack\u00adage inno\u00adv\u00ada\u00adtive tech\u00adnolo\u00adgies into effec\u00adtive and investable com\u00adpa\u00adnies with com\u00admer\u00adcially-viable prod\u00aducts and ser\u00advices for the global markets.<\/p>\n<h3>MANY VALUE CREATING INVESTMENTS AND&nbsp;EXITS<\/h3>\n<p>Cer\u00adtainly we in Th\u00fcrin\u00adgen still have a lot of wood to chop and def\u00adi\u00adnitely have much room for improve\u00adment and many oppor\u00adtu\u00adni\u00adties to bet\u00adter exe\u00adcute on the assets that we have. How\u00adever, thank\u00adfully we sense that Th\u00fcrin\u00adgen has made good progress in climb\u00ading out of our \u203amar\u00adket hole\u2039 and are now that much stronger for&nbsp;it.<\/p>\n<p>bm|t has expe\u00adri\u00adenced many value cre\u00adat\u00ading invest\u00adments and exits over the years, but two from last year per\u00adfectly high\u00adlight the progress Th\u00fcrin\u00adgen has made in terms of becom\u00ading attrac\u00adtive for global invest\u00adment.&nbsp;Being the lead investor and largest share\u00adholder for fayteq\u2019s sale to a Sil\u00adi\u00adcon-Val\u00adley based social media giant and for&nbsp;<a href=\"http:\/\/www.bm-t.com\/2017\/successful-ipo-of-bmt-portfolio-company-inflarx-at-nasdaq\/\" target=\"_blank\" rel=\"noopener\">InflaRx\u2019s Nas\u00addaq IPO<\/a>&nbsp;were cathar\u00adtic events in our devel\u00adop\u00adment here at bm|t. We also believe strongly that these hap\u00adpen\u00adings are just the tip of the spear, and that Th\u00fcrin\u00adgen has many more com\u00adpa\u00adnies that will expe\u00adri\u00adence sim\u00adi\u00adlarly impact\u00adful devel\u00adop\u00adments in the com\u00ading&nbsp;years.<\/p>\n<h3>OUR POSITION AND OTHER CONDITIONS IN TH\u00dcRINGEN&nbsp;HAVE NEVER BEEN BETTER<\/h3>\n<p>Of course, we, like nearly all investors, have had some hard learn\u00adings along the way and some funds expe\u00adri\u00adenced a longer and deeper J\u2011Curve than we would have expected before turn\u00ading sharply up recently. We are cer\u00adtainly bet\u00adter investors now for those valu\u00adable learn\u00adings and believe that our posi\u00adtion in Th\u00fcrin\u00adgen and other con\u00addi\u00adtions for invest\u00adment suc\u00adcess have never been better.<\/p>\n<p>These devel\u00adop\u00adments give us sig\u00adnif\u00adi\u00adcant con\u00adfi\u00addence as we pur\u00adsue our mis\u00adsion and vision.<\/p>\n<h3>MISSION<\/h3>\n<blockquote><p>We strengthen Th\u00fcringen\u2019s Econ\u00adomy through tar\u00adgeted Invest\u00adments in inno\u00adv\u00ada\u00adtive and growth-ori\u00adented com\u00adpa\u00adnies with high potential.<\/p><\/blockquote>\n<h3>VISION<\/h3>\n<blockquote><p>By 2025 we will cat\u00adalyze fur\u00adther Th\u00fcrin\u00adgen Cham\u00adpi\u00adons and gen\u00ader\u00adate a pos\u00adi\u00adtive invest\u00adment performance<\/p><\/blockquote>\n<h3>KEY VALUES<\/h3>\n<p>In the pur\u00adsuit of this mis\u00adsion and vision we have cho\u00adsen the fol\u00adlow\u00ading three key val\u00adues to guide our think\u00ading and actions: Trans\u00adparency, Integrity, and Creativity.<\/p>\n<h3>TRANSPARENCY<\/h3>\n<ul>\n<li>We com\u00admu\u00adni\u00adcate openly with our part\u00adners and expect the same from&nbsp;them.<\/li>\n<li>We strive for all par\u00adties to a trans\u00adac\u00adtion to have a com\u00adplete under\u00adstand\u00ading and accep\u00adtance of all terms and conditions.<\/li>\n<\/ul>\n<h3>INTEGRITY<\/h3>\n<ul>\n<li>We act with a part\u00adner\u00adship men\u00adtal\u00adity and in the inter\u00adest of bm|t\u2019s mission.<\/li>\n<li>We have high qual\u00adity expec\u00adta\u00adtions, and all poten\u00adtial invest\u00adments are ana\u00adlyzed with the same standards.<\/li>\n<\/ul>\n<h3>CREATIVITY<\/h3>\n<ul>\n<li>We believe in ideas and the actions that turn ideas into reality.<\/li>\n<li>We don\u2019t know what the future will bring, but we do know that together with our Investee-Part\u00adners we can shape a bright and sus\u00adtain\u00adable future.<\/li>\n<\/ul>\n<h3>IT\u2019S BEEN QUITE A JOURNEY OVER THE PAST 15&nbsp;YEARS<\/h3>\n<p>In con\u00adclu\u00adsion, it\u2019s been a quite pur\u00adpose\u00adful and event\u00adful jour\u00adney at bm|t over the past 15&nbsp;years, and we believe many pos\u00adi\u00adtive trans\u00adfor\u00adma\u00adtions have occurred such that we are well posi\u00adtioned for sus\u00adtained strong per\u00adfor\u00admance in the years ahead. Impor\u00adtantly, we at bm|t under\u00adstand our role as investors, col\u00adlab\u00ado\u00adra\u00adtors, enablers, and sup\u00adport\u00aders for the main value cre\u00adators for Th\u00fcrin\u00adgen, our Investee-Part\u00adners. We\u2019re extremely proud of the port\u00adfo\u00adlio of Investee-Part\u00adners that has been built over 15+ years and view it as hav\u00ading excel\u00adlent invest\u00adment potential.<\/p>\n<p><em>We\u2019re look\u00ading for\u00adward to con\u00adtin\u00adu\u00ading to work with all part\u00adners to cre\u00adate more suc\u00adcess sto\u00adries made in Th\u00fcringen.<\/em><\/p>\n<\/div>\n<div><strong>Your bm|t&nbsp;Team<\/strong><\/div>\n","protected":false},"excerpt":{"rendered":"<p>bm|t is cel\u00ade\u00adbrat\u00ading its 15<sup class=\"ordinal\">th<\/sup> birth\u00adday in 2018 and some pre\u00adde\u00adces\u00adsor organizations\/funds date back over 20&nbsp;years. This long and con\u00adsis\u00adtent pres\u00adence and the valu\u00adable net\u00adworks that have been estab\u00adlished have allowed us to build a strong posi\u00adtion in Th\u00fcrin\u00adgen. HIGH RATIO OF TECHNOLOGICAL PROWESS DIVIDED BY INVESTOR AWARENESS For way of back\u00adground, sev\u00aderal of bm|t\u2019s [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":15567,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[147,250],"tags":[176,249,253,210,171],"class_list":["post-15989","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-2018-en","category-insights","tag-bm-t-en","tag-erfolgsgeschichte-en","tag-insights-en","tag-investeepartner","tag-thuringia"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/posts\/15989","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/comments?post=15989"}],"version-history":[{"count":0,"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/posts\/15989\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/media\/15567"}],"wp:attachment":[{"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/media?parent=15989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/categories?post=15989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/tags?post=15989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}