LBBW Venture Capital GmbH is the private equity and venture capital arm of Landesbank Baden-WÑŒrttemberg specializing in start-up, venture capital, growth and pre- IPO financing. It focuses on industrial technologies, information technology, software, telecommunication, innovative services and life science. The firm prefers to invest in companies organized in a corporate form. It prefers to invest in Southern Germany, but will consider investments within Germany, Austria and Switzerland. It invests between $0.36 million and $3.62 million per company. LBBW Venture Capital GmbH prefers to take a seat in the advisory or supervisory board when investing larger amounts. It typically exits its investments within 2 to 5 years via trade sale or initial public offering. The firm was founded in 2000 and is based in Stuttgart, Germany.
|Bubbles and Beyond||3/11||Series B||$1.7M||3|
|Phenex Pharmaceuticals||9/10||Series C||€6M||5|
|MTM Laboratories||10/09||Series C||€39M||5|
|Sloning BioTechnology||11/07||Series E||€4.7M||4|