Investments
38Portfolio Exits
7Funds
2About LBBW Venture Capital
LBBW Venture Capital is the Stuttgart, Germany-based corporate venture am of Landesbank Baden-Wurttemberg focusing on start-up, venture capital, growth and pre- IPO financing. LBBW primarily targets a diversity of sectors including technology, software, telecom as well as life sciences. <br /><br />From a geographic perspective, LBBW prefers to invest in Southern Germany but will on occasion evaluate opportunities in greater Germany as well as Austria and Switzerland. The firm prefers to take a Board seat in certain investments and generally invests between 0.25 to $2.5 million Euros in its portfolio companies.
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Latest LBBW Venture Capital News
Nov 2, 2021
Heidelberg, Germany, October 26 – Exciva GmbH, a clinical biotech company developing a novel therapeutic compound for treating agitation/aggression in Alzheimer’s disease, today announces the closing of a Series A financing of €9 million ($10M) led by Andera Partners. LBBW Venture Capital and Cure8 also participated in the round. This first funding will help Exciva GmbH develop the lead compound up to completion of Phase I. The product has the potential to treat behavioral and psychological...
LBBW Venture Capital Investments
38 Investments
LBBW Venture Capital has made 38 investments. Their latest investment was in Specter Automation as part of their Seed VC on January 1, 2023.
LBBW Venture Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
1/31/2023 | Seed VC | Specter Automation | $2.92M | Yes | LBBW Venture Capital, Techvision, Undisclosed Angel Investors, and Xdeck Ventures | 1 |
3/2/2021 | Series A | Actitrexx | $4.21M | Yes | 3 | |
6/24/2020 | Seed VC - II | Code Intelligence | $2.25M | Yes | 2 | |
11/9/2019 | Loan | |||||
11/8/2019 | Series B |
Date | 1/31/2023 | 3/2/2021 | 6/24/2020 | 11/9/2019 | 11/8/2019 |
|---|---|---|---|---|---|
Round | Seed VC | Series A | Seed VC - II | Loan | Series B |
Company | Specter Automation | Actitrexx | Code Intelligence | ||
Amount | $2.92M | $4.21M | $2.25M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | LBBW Venture Capital, Techvision, Undisclosed Angel Investors, and Xdeck Ventures | ||||
Sources | 1 | 3 | 2 |
LBBW Venture Capital Portfolio Exits
7 Portfolio Exits
LBBW Venture Capital has 7 portfolio exits. Their latest portfolio exit was Porsche on September 29, 2022.
LBBW Venture Capital Fund History
2 Fund Histories
LBBW Venture Capital has 2 funds, including Heidelberg Innovation BioScience Venture I.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
12/31/1997 | Heidelberg Innovation BioScience Venture I | Early-Stage Venture Capital | Closed | $13.26M | 1 |
Seedfonds BW |
Closing Date | 12/31/1997 | |
|---|---|---|
Fund | Heidelberg Innovation BioScience Venture I | Seedfonds BW |
Fund Type | Early-Stage Venture Capital | |
Status | Closed | |
Amount | $13.26M | |
Sources | 1 |
LBBW Venture Capital Team
3 Team Members
LBBW Venture Capital has 3 team members, including current Chief Executive Officer, Jurgen Prockl.
Name | Work History | Title | Status |
|---|---|---|---|
Jurgen Prockl | Chief Executive Officer | Current | |
Name | Jurgen Prockl | ||
|---|---|---|---|
Work History | |||
Title | Chief Executive Officer | ||
Status | Current |
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