{"id":16268,"date":"2025-01-15T10:00:52","date_gmt":"2025-01-15T09:00:52","guid":{"rendered":"https:\/\/www.bm-t.de\/?p=16268"},"modified":"2024-07-25T16:16:12","modified_gmt":"2024-07-25T14:16:12","slug":"newsletter-q2-2024","status":"publish","type":"post","link":"https:\/\/www.bm-t.de\/en\/newsletter-en\/newsletter-q2-2024\/","title":{"rendered":"Newsletter Q2\/2024"},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-16151 size-medium\" src=\"https:\/\/www.bm-t.de\/wp-content\/uploads\/2024\/04\/20_Jahre-_bmt-300x203.jpg\" alt width=\"300\" height=\"203\" srcset=\"https:\/\/www.bm-t.de\/wp-content\/uploads\/2024\/04\/20_Jahre-_bmt-300x203.jpg 300w, https:\/\/www.bm-t.de\/wp-content\/uploads\/2024\/04\/20_Jahre-_bmt-768x519.jpg 768w, https:\/\/www.bm-t.de\/wp-content\/uploads\/2024\/04\/20_Jahre-_bmt.jpg 929w\" sizes=\"(max-width: 300px) 100vw, 300px\"><\/p>\n<h2><strong>Here a Startup, There a Startup, Everywhere a Startup<\/strong><\/h2>\n<p>In April, we par\u00adtic\u00adi\u00adpated in a trip to Japan with a Th\u00fcrin\u00adgen del\u00ade\u00adga\u00adtion and were able to inter\u00adact with the startup com\u00admu\u00adni\u00adties in Osaka and Tokyo, which were impres\u00adsive.&nbsp; In the last 5\u201310&nbsp;years the Japan\u00adese startup ecosys\u00adtem has exploded in size and greatly improved in qual\u00adity, as work\u00ading for a Japan\u00adese con\u00adglo\u00admorate is no longer seen as the only esteemed career path. &nbsp;In Japan, as <strong>in many parts of the globe, it has become <em>en vogue<\/em> to found a startup<\/strong>.<\/p>\n<p>This trip to Japan crys\u00adtal\u00adized our view that <strong>the pro\u00adlif\u00ader\u00ada\u00adtion of star\u00adtups (often very sim\u00adi\u00adlar star\u00adtups) around the world has been expo\u00adnen\u00adtial in the last years<\/strong>, notwith\u00adstand\u00ading the pan\u00addemic and geopo\u00adlit\u00adi\u00adcal wars and con\u00adflicts.&nbsp; <strong>Infor\u00adma\u00adtion and, even more impor\u00adtantly, ideas are tra\u00advers\u00ading the globe at light speed with very lit\u00adtle fric\u00adtion<\/strong>.&nbsp; This extremely rapid and easy access to new ideas, no mat\u00adter where they emerge in the world, cre\u00adates tremen\u00addous value for human\u00adity and is spur\u00ading inno\u00adva\u00adtion on an unprece\u00addented level.&nbsp; While this devel\u00adop\u00adment is awe-inspir\u00ading, it also means that <strong>any idea that can be eas\u00adily repli\u00adcated will be repli\u00adcated.&nbsp; <\/strong>Impor\u00adtantly, for star\u00adtups and investors it <strong>dra\u00admat\u00adi\u00adcally increases the pre\u00admium on inno\u00adva\u00adtions that are truly dif\u00adfi\u00adcult to copy or emulate.<\/strong><\/p>\n<p>While there can be many forms of pro\u00adtec\u00adtion from this far-reach\u00ading global com\u00adpe\u00adti\u00adtion, such as juri\u00adsidic\u00adtional laws (GDPR, for exam\u00adple) or the need for some prox\u00adim\u00adity to your cus\u00adtomers, many inno\u00adv\u00ada\u00adtive busi\u00adnesses have eas\u00adily trans\u00adportable or replic\u00ada\u00adble inno\u00adva\u00adtions.&nbsp; For exam\u00adple, we view many AI-appli\u00adca\u00adtion-based busi\u00adness mod\u00adels as being highly-inno\u00adv\u00ada\u00adtive but also sucep\u00adti\u00adble to repli\u00adca\u00adtion or hav\u00ading their prod\u00aduct become a tool\/feature in the large tech plat\u00adforms\u00b4 offerings.<\/p>\n<p><strong>In Th\u00fcrin\u00adgen, we pre\u00addomi\u00adnently have star\u00adtups that pos\u00adsess truly ground\u00adbreak\u00ading inno\u00adva\u00adtions<\/strong> that are patentable and pro\u00adtectable to a large degree.&nbsp; Of course, <strong>hav\u00ading a pro\u00adtected inno\u00adva\u00adtion is just the first step in build\u00ading a sus\u00adtain\u00adably suc\u00adcess\u00adful busi\u00adness<\/strong>.&nbsp; How\u00adever, hav\u00ading this pro\u00adtectable foun\u00adda\u00adtion gives bm|t the con\u00adfi\u00addence to invest cap\u00adi\u00adtal and other resources to build the busi\u00adness, or to fur\u00adther develop the inno\u00adva\u00adtion to the point where an attrac\u00adtive acquis\u00adtion is likely.<\/p>\n<p>Th\u00fcrin\u00adgen star\u00adtups often have a hard\u00adware (phys\u00adi\u00adcal product\/technology) base or com\u00adpo\u00adnent to their inno\u00adva\u00adtions. And while it is true that the hard\u00adware seg\u00adment of the startup world often gets neglected by clas\u00adsic VC investors because \u201chard\u00adware is hard\u201d, over the long-term, hard\u00adware often offers some valu\u00adable pro\u00adtec\u00adtion.&nbsp; Thus in the longer run, these hard\u00adware-based mod\u00adels are often not as \u201chard\u201d as hav\u00ading a busi\u00adness that is vul\u00adner\u00ada\u00adble to quick mar\u00adket entry of well-financed com\u00adpeti\u00adtors from any\u00adwhere in the world, as many purely soft\u00adware-based busi\u00adness mod\u00adels&nbsp;are.<\/p>\n<p>Essen\u00adtially, for both star\u00adtups and investors, inter\u00adest\u00ading inno\u00adva\u00adtions them\u00adselves are no longer enough. <strong>Inno\u00adva\u00adtions must also be pro\u00adtectable and extremely hard to repli\u00adcate in order to make a startup attrac\u00adtive for invest\u00adment<\/strong>.&nbsp; We are for\u00adtu\u00adnate to be invest\u00ading in Th\u00fcrin\u00adgen \u2013 an inno\u00adva\u00adtion ecosys\u00adtem, which offers mean\u00ading\u00adful <u>and<\/u> pro\u00adtectable inno\u00adva\u00adtions.&nbsp; Our role as a com\u00admit\u00adted investor is to assist Th\u00fcrin\u00adgen star\u00adtups in trans\u00adform\u00ading these impres\u00adsive inno\u00adva\u00adtions into valu\u00adable, sus\u00adtain\u00adably suc\u00adcess\u00adful companies.<\/p>\n<p><em>Your bm|t&nbsp;Team<\/em><\/p>\n<hr>\n<h2><strong>Welcome to the Family<\/strong><\/h2>\n<p><img decoding=\"async\" class=\"size-full wp-image-16240 aligncenter\" src=\"https:\/\/www.bm-t.de\/wp-content\/uploads\/2024\/07\/Peeriot_Logo_250px.png\" alt width=\"250\" height=\"124\"><\/p>\n<p><a href=\"https:\/\/www.peeriot.io\/\">Pee\u00adriot<\/a>\u00b4s aim is to fun\u00adda\u00admen\u00adtally sim\u00adplify IoT net\u00adwork\u00ading and enable inno\u00adv\u00ada\u00adtive appli\u00adca\u00adtions for intel\u00adli\u00adgent IoT devices that work together in a&nbsp;swarm. The com\u00adpany is devel\u00adop\u00ading mid\u00addle\u00adware that <strong>enables IoT devices to exchange their data in a self-orga\u00adnized man\u00adner, thus cre\u00adat\u00ading intel\u00adli\u00adgent swarms of devices that work col\u00adlab\u00ado\u00adra\u00adtively and can effi\u00adciently solve com\u00adplex tasks together<\/strong>. TGFS Tech\u00adnolo\u00adgiegr\u00fcn\u00adder\u00adfonds Sach\u00adsen and bm|t invested a seven-fig\u00adure sum in the Saxon-Thuringian deep-tech soft\u00adware start-up\u00b4s seed financ\u00ading. The invest\u00adment round was joined by exist\u00ading investors Thomas Schmidt\/be-expo\u00adnen\u00adtial GmbH and Dr. Markus Eisel and is intended to <strong>drive the devel\u00adop\u00adment of inno\u00adv\u00ada\u00adtive solu\u00adtions in the field of IoT net\u00adwork\u00ading<\/strong>.<\/p>\n<p>For fur\u00adther details on this excit\u00ading new invest\u00adment please read this press release:<br>\n<a href=\"\/?p=16234\">https:\/\/www.bm\u2011t.de\/en\/2024-en\/tgfs-and-bmt-invest-seven-figure-sum-in-peeriot-gmbh-to-simplify-iot-networking\/<\/a><\/p>\n<hr>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" class=\"size-full wp-image-16269 aligncenter\" src=\"https:\/\/www.bm-t.de\/wp-content\/uploads\/2024\/07\/csm_Logo_AOC.png\" alt width=\"398\" height=\"85\" srcset=\"https:\/\/www.bm-t.de\/wp-content\/uploads\/2024\/07\/csm_Logo_AOC.png 398w, https:\/\/www.bm-t.de\/wp-content\/uploads\/2024\/07\/csm_Logo_AOC-300x64.png 300w\" sizes=\"(max-width: 398px) 100vw, 398px\"><\/p>\n<p>Jena-based AOC \u2014 Advanced Opti\u00adcal Com\u00adpo\u00adnents GmbH (AOC), is a spin-out from Hellma Mate\u00adri\u00adals and is a <strong>lead\u00ading provider of highly-spe\u00adcial\u00adized pre\u00adci\u00adsion opti\u00adcal lenses<\/strong>, pri\u00admar\u00adily for the high-power laser indus\u00adtry.&nbsp; AOC has a long and <strong>impres\u00adsive his\u00adtory of inno\u00adva\u00adtion dat\u00ading back to its gen\u00ade\u00adsis within Carl-Zeiss<\/strong>. bm|t, joined by Sparkasse Jena, led this invest\u00adment, enabling and accom\u00adpa\u00adny\u00ading <strong>a well-struc\u00adtured man\u00adage\u00adment buy\u00adout<\/strong>.&nbsp; AOC\u00b4s core cus\u00adtomers also gave strong com\u00admit\u00adments, under\u00adly\u00ading the impor\u00adtance of the company\u00b4s lenses and pro\u00advid\u00ading a strong start\u00ading point as a stand\u00adalone company.<\/p>\n<hr>\n<h2><strong>Follow-on Investments<\/strong><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-13700 aligncenter\" src=\"https:\/\/www.bm-t.de\/wp-content\/uploads\/2022\/07\/neurocare_newsletter_online.png\" alt width=\"300\" height=\"145\"><\/p>\n<p>TVM Cap\u00adi\u00adtal Health\u00adcare, a spe\u00adcial\u00adist health\u00adcare pri\u00advate equity firm head\u00adquar\u00adtered in Dubai and Sin\u00adga\u00adpore, has <strong>invested EUR 16 Mio. into Ilme\u00adnau and Munich based <a href=\"https:\/\/www.neurocaregroup.com\/\">neu\u00adro\u00adcare group AG<\/a>, a lead\u00ading inno\u00adva\u00adtor in per\u00adson\u00adal\u00adized men\u00adtal health care<\/strong>, pro\u00advid\u00ading solu\u00adtions that empower clin\u00adi\u00adcians to deliver best care to their patients. TVM Cap\u00adi\u00adtal Healthcare\u2019s invest\u00adment will enable neu\u00adro\u00adcare to exe\u00adcute on its inter\u00adna\u00adtional growth plans, includ\u00ading expan\u00adsion in the US and mar\u00adket entry into the King\u00addom of Saudi Ara\u00adbia, as well as sup\u00adport the devel\u00adop\u00adment of new hard\u00adware and soft\u00adware inno\u00adva\u00adtions. bm|t and other pri\u00advate investors joined this round with an addi\u00adtional EUR 3 Mio. to bring the total invested cap\u00adi\u00adtal to EUR 19&nbsp;Mio.<\/p>\n<p>For fur\u00adther details on this large break\u00adthrough invest\u00adment please read this press release:<br>\n<a href=\"\/?p=16196\">https:\/\/www.bm\u2011t.de\/2024\/tvm-capital-healthcare-investiert-16-millionen-eur-in-neurocare\/<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-3665 aligncenter\" src=\"https:\/\/www.bm-t.de\/wp-content\/uploads\/2020\/04\/precipoint_newsletter_online.png\" alt width=\"300\" height=\"145\"><\/p>\n<p>Garch\u00ading-based <a href=\"https:\/\/precipoint.com\/\">Pre\u00adci\u00adpoint GmbH<\/a>, with its pro\u00adduc\u00adtion in Wilden\u00adspring, Th\u00fcrin\u00adgen, has been steadily increas\u00ading sales, and the company\u00b4s order pipeline is bur\u00adgeon\u00ading since the Euro\u00adpean and US approval of the company\u00b4s highly-inno\u00adv\u00ada\u00adtive iO:M8 dig\u00adi\u00adtal micro\u00adscope and cloud ser\u00advices for intra-oper\u00ada\u00adtive diag\u00adno\u00adsis dur\u00ading tumor resec\u00adtions.&nbsp; This nearly EUR 3 Mio. cap\u00adi\u00adtal raise from pri\u00advate investors will allow the com\u00adpany to con\u00adtinue on its steep growth path and increase its sales pres\u00adence inter\u00adna\u00adtion\u00adally, espe\u00adcially in the&nbsp;US.<\/p>\n<hr>\n<h2><strong>Investor Days Th\u00fcringen \u2013&nbsp;Recap<\/strong><\/h2>\n<figure id=\"attachment_16271\" aria-describedby=\"caption-attachment-16271\" style=\"width: 300px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.bm-t.de\/wp-content\/uploads\/2024\/07\/tmue20240606a159-300x200.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-16271 size-medium\" src=\"https:\/\/www.bm-t.de\/wp-content\/uploads\/2024\/07\/tmue20240606a159-300x200.jpg\" alt width=\"300\" height=\"200\" srcset=\"https:\/\/www.bm-t.de\/wp-content\/uploads\/2024\/07\/tmue20240606a159-300x200.jpg 300w, https:\/\/www.bm-t.de\/wp-content\/uploads\/2024\/07\/tmue20240606a159-1024x681.jpg 1024w, https:\/\/www.bm-t.de\/wp-content\/uploads\/2024\/07\/tmue20240606a159-768x511.jpg 768w, https:\/\/www.bm-t.de\/wp-content\/uploads\/2024\/07\/tmue20240606a159-1536x1022.jpg 1536w, https:\/\/www.bm-t.de\/wp-content\/uploads\/2024\/07\/tmue20240606a159.jpg 1920w\" sizes=\"(max-width: 300px) 100vw, 300px\"><\/a><figcaption id=\"caption-attachment-16271\" class=\"wp-caption-text\">06.06.2024 Investor Days Th\u00fcrin\u00adgen auf der ega Erfurt. Foto: Thomas M\u00fcller<\/figcaption><\/figure>\n<p>This year\u2019s Investor Days Th\u00fcrin\u00adgen (IDT) was again a smash\u00ading suc\u00adcess and was even more expan\u00adsive due to the mul\u00adti\u00adple loca\u00adtions in Erfurt, with Day 2 tak\u00ading place in the desert and rain\u00adfor\u00adest exhibit at the EGA Park under the mot\u00adtos \u201cInvest\u00ading Beyond the Crowd\u201d and \u201cNav\u00adi\u00adgat\u00ading the Investor Jun\u00adgle\u201d.&nbsp;<strong>Over 300 par\u00adtic\u00adi\u00adpants were treated to excel\u00adlent pitches from 36 inno\u00adv\u00ada\u00adtive start-ups and scale-ups<\/strong>&nbsp;dur\u00ading the two-day event.&nbsp;As always it was won\u00adder\u00adful to wel\u00adcome many new and active par\u00adtic\u00adi\u00adpants to our thriv\u00ading inno\u00adva\u00adtion invest\u00adment ecosys\u00adtem here in Th\u00fcringen.<\/p>\n<p><strong>THANK YOU to all the spon\u00adsors, pre\u00adsen\u00adters, atten\u00addees, and orga\u00adniz\u00aders<\/strong> for their impor\u00adtant con\u00adtri\u00adbu\u00adtions to this fan\u00adtas\u00adtic event, which has become the pre\u00admier investor event in mid\u00addle Ger\u00admany. If you missed this year\u2019s IDT, you can review the event (and what will be await\u00ading you next year on June 4<sup class=\"ordinal\">th<\/sup> and 5<sup class=\"ordinal\">th<\/sup>) in our 2024 Photo Gallery avail\u00adable on the <a href=\"https:\/\/investordays-thueringen.de\/idt24-the-beat-of-innovation\/\">event site<\/a>.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here a Startup, There a Startup, Every\u00adwhere a Startup In April, we par\u00adtic\u00adi\u00adpated in a trip to Japan with a Th\u00fcrin\u00adgen del\u00ade\u00adga\u00adtion and were able to inter\u00adact with the startup com\u00admu\u00adni\u00adties in Osaka and Tokyo, which were impres\u00adsive.&nbsp; In the last 5\u201310&nbsp;years the Japan\u00adese startup ecosys\u00adtem has exploded in size and greatly improved in quality,&nbsp;[\u2026]<\/p>\n","protected":false},"author":2,"featured_media":16148,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[259],"tags":[176,177,260,210],"class_list":["post-16268","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newsletter-en","tag-bm-t-en","tag-bmt-en","tag-idt-en","tag-investeepartner"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/posts\/16268","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=16268"}],"version-history":[{"count":0,"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/posts\/16268\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/media\/16148"}],"wp:attachment":[{"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/media?parent=16268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/categories?post=16268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/tags?post=16268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}