Kopfbild des bm|t-Newsletters

bm|t newsletter Q1 2023

During the first quar­ter, we were for­t­u­nate to join a Thü­rin­gen poli­ti­cal and eco­no­mic dele­ga­tion to Sili­con Val­ley, during which we met with many lea­ding tech com­pa­nies and recei­ved sur­pri­sin­gly inti­mate access to high-level manage­ment. Alt­hough we have been to The Val­ley many times, it had been over five years since our last trip, and we were deeply impres­sed by many breakth­rough tech­no­lo­gies that are deve­lo­ping at lightspeed and unleas­hing a powerful wave of new pro­ducts and solu­ti­ons that will dra­ma­ti­cally impact the tech­no­logy landscape.

In this Newsletter 

California Dreamin‘

Because of their extre­mely deep and broad rea­ching appli­ca­ti­ons and impli­ca­ti­ons, two com­pa­nies stood out in our mind as cle­arly revo­lu­tio­nary and with rele­vance for the Thü­rin­gen inno­va­tion eco­sys­tem: Jabil Sys­tems and Nvidia.

Nor­mally it would be unu­sual to say that a con­tract manu­fac­tu­rer like Jabil Sys­tems would be revo­lu­tio­nary. Howe­ver, after see­ing how Jabil is assi­mi­la­ting the newest manu­fac­tu­ring tech­no­lo­gies (3D Prin­ting, New Mate­ri­als, Smart Com­pon­ents, etc.) into all of its cus­to­mers’ pro­ducts and thus crea­ting radi­cally new pro­duct capa­bi­li­ties and eco­no­mics, we are con­vin­ced that Jabil is chan­ging the rules of the game. With com­pa­nies like Jabil pos­ses­sing such deep tech capa­bi­li­ties, the days of out­sour­cing a pro­duct so someone else can handle the bor­ing manu­fac­tu­ring part are long gone. Jabil is also a pro­duct desi­gner and acce­le­ra­tes time-to-mar­ket for its cus­to­mers dra­ma­ti­cally; howe­ver, Jabil’s power extends way bey­ond those bene­fits. Because Jabil has incre­di­bly deep know­ledge of how to seam­lessly inte­grate a vast array of cut­ting-edge tech­no­lo­gies into pro­ducts, com­pa­nies that part­ner with Jabil receive a fun­da­men­tally enhan­ced pro­duct, which can open up signi­fi­cant new busi­ness oppor­tu­ni­ties. Jabil has an inno­va­tion office here in Jena for its Jabil Optics divi­sion and offers inno­va­tive opti­cal com­pa­nies here in Thü­rin­gen, of which we have many, an excel­lent oppor­tu­nity to acce­le­rate pro­duct deve­lo­p­ment and enhance their offering.

Nvi­dia is more of a dis­rup­ter in the clas­sic sense that its own pro­ducts and soft­ware stack are revo­lu­tio­ni­zing the world, alt­hough Nvidia’s GPUs are, of course, a key buil­ding block for many world-chan­ging deve­lo­p­ments being led by other com­pa­nies, such as many AI models and appli­ca­ti­ons. Nvi­dia ori­gi­na­ted as a gra­phics card com­pany for the gam­ing indus­try, but has adeptly built on its exper­tise in par­al­lel pro­ces­sing to expand into many new fields. Being a Ger­man dele­ga­tion, we were trea­ted to a stun­ning exam­ple of how Nvidia’s Omni­verse plat­form is being used to deve­lop an extre­mely life-like digi­tal twin of the entire Deut­sche Bahn train net­work (down to the last screw on every train!). This News­let­ter does not have enough space to expound fur­ther on Nvidia’s impres­sive tech and appli­ca­ti­ons, but we encou­rage all tech inves­tors to rese­arch its Omni­verse and intel­li­gent video capa­bi­li­ties, as their impact will be revolutionary.

For our invest­ment acti­vi­ties in Thü­rin­gen, we retur­ned from this trip with exhi­la­ra­tion and also with increased cla­rity of how our Inves­tee-Part­ners can also capi­ta­lize on the major new tech­no­lo­gi­cal deve­lo­p­ments rapidly res­ha­ping the world. In many cases our exper­tise and high-tech pro­ducts can be enhan­ced by inte­gra­ting these new tech­no­lo­gies and/or buil­ding high-value and end-mar­ket spe­ci­fic solu­ti­ons on top of or in col­la­bo­ra­tion with these plat­forms. Key to suc­cessfully achie­ving this posi­tio­ning is kee­ping an open and alert mind to be acu­tely aware of just how these tech­no­lo­gies are deve­lo­ping and which impli­ca­ti­ons (espe­ci­ally the mas­sive oppor­tu­ni­ties!) they hold for our endeavors.

To con­ti­nue the Cali­for­nia theme, to create great value from the excel­lent tech we are bles­sed with in Thü­rin­gen, we must catch the fast-moving tech waves and be posi­tio­ned cor­rectly on the waves to surf them well.

Let’s go sur­fing now, everybody’s lear­ning how! – The Beach Boys

Your bm|t Team

Follow-on Investments

Ever­yone knows that you do not make money with prin­ters; you make it with the ink (con­su­ma­bles). Ilmenau-based Lean Pla­s­tics belie­ves that the same phe­no­me­non will play out in 3D prin­ting and has con­se­quently focu­sed on opti­mi­zing pla­s­tic con­su­ma­bles for 3D prin­ting. The com­pany alre­ady has a strong ven­ture inves­tor with excel­lent exper­tise in the field of 3D prin­ting, and we are extre­mely opti­mi­stic that Lean Pla­s­tics will play a signi­fi­cant, and highly-pro­fi­ta­ble, role in the addi­tive manu­fac­tu­ring revo­lu­tion. With this seven-figure series A invest­ment co-led by a pri­vate insti­tu­tio­nal inves­tor and bm‑t, Lean Pla­s­tics is well-fun­ded and posi­tio­ned for large-scale mar­ket entry with its inno­va­tive pla­s­tic powders.

devie Medi­cal is is deve­lo­ping a drug-eluting cathe­ter-deli­vered heart valve for the tre­at­ment and pre­ven­tion of bac­te­rial endo­car­di­tis (BE). The com­pany is pur­suing a simi­lar deve­lo­p­ment as obser­ved in the vas­cu­lar stent mar­ket, where drug-eluting stents signi­fi­cantly redu­ced vas­cu­lar res­teno­sis and repla­ced sur­gery. Ana­log­ously, a drug eluting valve aims to reduce the need for open heart sur­gery in BE cases. devie medi­cal has alre­ady made excel­lent pro­gress and this seven-figure round led by bm‑t and joi­ned by mul­ti­ple pri­vate inves­tors will allow for con­cept freeze and posi­tion the com­pany well for a Series B to fund initial cli­ni­cal trials.

Heyfair is dedi­ca­ted to revo­lu­tio­ni­zing the way dis­in­fec­tion works. The company’s inno­va­tive tech­no­logy makes the appli­ca­tion and coverage of dis­in­fec­tants visi­ble to users and obser­vers, ensu­ring opti­mal sani­ta­tion prac­ti­ces. Throug­hout its deve­lo­p­ment, Heyfair has dis­co­vered num­e­rous pro­mi­sing appli­ca­ti­ons for this tech­no­logy, such as veri­fy­ing pro­per dis­in­fec­tion of sur­faces, human skin, and medi­cal devices. The com­pany pos­s­es­ses strong IP around the inte­gra­tion of uni­que colo­ra­tion sys­tems that make pro­per dis­in­fec­tion visi­ble with a vibrant color during the clea­ning pro­cess. Heyfair has suc­cessfully built part­ner­ships to com­mer­cia­lize its tech­no­logy and with this invest­ment from bm|t, a family-office, and seve­ral busi­ness angels, Heyfair is now well-equip­ped to expand its uni­que tech­no­logy across mul­ti­ple high-value medi­cal appli­ca­ti­ons, ulti­m­ately enhan­cing safety and hygiene stan­dards in health­care set­tings worldwide.

Investor Days Thüringen – See You Soon!

In less than two months, on June 14th and 15th, Inves­tor Days Thü­rin­gen (IDT), the pre­mier early- and growth-stage pitch event in middle Ger­many, will wel­come over 500 par­ti­ci­pants, with appro­xi­m­ately 60 start-ups pre­sen­ting their inno­va­tions and visi­ons. After last year’s ener­ge­tic return to a live event, we are again exci­ted to offer our guests great live pit­ches, beers & brats and much more! Mark your calen­dars – we will see you in June!

If your part­ners or col­le­agues might be inte­res­ted in our regu­lar updates,
please don’t hesi­tate to share this link.