MB

MBG Baden Wuerttemberg

Europe, Baden-Wurttemberg, Germany, Stuttgart

Description

MBG Baden Wuerttemberg (Mittelständische Beteiligungsgesellschaft Baden-Württemberg GmbH) is a crucial financial institution operating as the investment company of the state of Baden-Württemberg, Germany. Its core mission is to bolster the equity base of small and medium-sized enterprises (SMEs) within the region, thereby fostering their stability and growth. Unlike traditional venture capital firms that often seek high-growth, early-stage startups, MBG primarily focuses on strengthening established businesses through long-term, patient capital. Their investments typically take the form of silent partnerships, a common and effective financing instrument for SMEs in Germany, which allows companies to enhance their capital without diluting ownership or control.

The institution boasts a long and impactful history, having been founded in 1971. Since its inception, MBG Baden Wuerttemberg has provided significant financial support to the regional economy. It has successfully supported over 10,000 companies, demonstrating its extensive reach and commitment to the local business landscape. The total investment volume disbursed by MBG over its operational history exceeds 1.5 billion Euros, underscoring its substantial financial capacity and its role as a cornerstone of SME financing in Baden-Württemberg.

MBG's investment strategy is characterized by its focus on providing flexible and tailored financing solutions. They typically offer first cheques ranging from 100,000 Euros to 5 million Euros, catering to a broad spectrum of SME needs. This range allows them to support businesses across various stages of growth and capital requirements. With approximately 1,000 companies currently in its active portfolio, MBG Baden Wuerttemberg remains a vital partner for businesses seeking to strengthen their balance sheets, finance expansion, or navigate generational transitions, contributing significantly to the economic resilience and development of the state.

Investor Profile

MBG Baden Wuerttemberg has backed more than 30 startups, with 3 new investments in the last 12 months alone. The firm has led 6 rounds, about 20% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in Germany.
  • Strong thematic focus on Software, Health Care, Information Technology.
  • Led 1 rounds in the past year.
  • Typical check size: $108K – $5.4M.

Stage Focus

  • Seed (53%)
  • Series A (20%)
  • Series Unknown (17%)
  • Series B (7%)
  • Debt Financing (3%)

Country Focus

  • Germany (100%)

Industry Focus

  • Software
  • Health Care
  • Information Technology
  • Biotechnology
  • Robotics
  • Artificial Intelligence (Ai)
  • Enterprise Software
  • Automotive
  • Internet Of Things
  • Transportation
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does MBG Baden Wuerttemberg frequently co-invest with?

VA
Europe, Baden-Wurttemberg, Germany, Albstadt
Co-Investments: 2
KfW
Europe, Hessen, Germany, Frankfurt
Co-Investments: 2
HTGF | High-Tech Gruenderfonds
Europe, Nordrhein-Westfalen, Germany, Bonn
Co-Investments: 16
VF
Europe, Baden-Wurttemberg, Germany, Stuttgart
Co-Investments: 3
Karlsruhe Institute of Technology
Europe, Baden-Wurttemberg, Germany, Karlsruhe
Co-Investments: 2
Project A Ventures
Europe, Berlin, Germany, Berlin
Co-Investments: 2
Goldmann International GmbH.
Asia, Gansu, China, Sichuan
Co-Investments: 2
Wayra
Europe, Madrid, Spain, Madrid
Co-Investments: 1
SB
Europe, Baden-Wurttemberg, Germany, Stuttgart
Co-Investments: 2
AR
North America, New Jersey, United States, Swedesboro
Co-Investments: 1

Which angels does MBG Baden Wuerttemberg often collaborate with?

TO
Europe, Baden-Wurttemberg, Germany, Heidelberg
Shared Deals: 1
DS
Europe, Porto, Portugal, Constance
Shared Deals: 1
MJ
Europe, Hessen, Germany, Frankfurt
Shared Deals: 1

What are some of recent deals done by MBG Baden Wuerttemberg?

PartsCloud

Pliezhausen, Baden-Wurttemberg, Germany

Operating system for spare parts logistics

Industrial ManufacturingInformation TechnologyProfessional ServicesTransportationWarehousing
SeedFeb 5, 2025
Amount Raised: $5,206,988
Validaitor

Karlsruhe, Baden-Wurttemberg, Germany

Validaitor is a pioneer for Trustworthy Artificial Intelligence (AI), ensuring quality and compliance in AI-driven products and services.

Artificial Intelligence (AI)Professional ServicesQuality Assurance
SeedFeb 4, 2025
become.1

Heidelberg, Baden-Wurttemberg, Germany

become.1 is an employee benefits platform that eliminates the complexity of tax regulations for employees.

Employee BenefitsHuman ResourcesInsurance
SeedSep 18, 2024
Amount Raised: $3,667,628
FinMatch

Stuttgart, Baden-Wurttemberg, Germany

FinMatch connects medium-sized companies jointly with selected financing partners and provides corporate finance and financial solutions.

AdviceFinanceFinancial Services
Series UnknownMay 6, 2024
Amount Raised: $1,615,575
xito.one

Ulm, Baden-Wurttemberg, Germany

XITO is a manufacturer of the marketplace for automation through robotics.

Robotics
SeedFeb 21, 2024
Amount Raised: $1,731,255
ATMOS Space Cargo

Baden-baden, Baden-Wurttemberg, Germany

ATMOS Space Cargo develops and manufactures space capsules to return cargo from space, microgravity experiments to entire rocket stages.

AerospaceManufacturingSpace Travel
SeedFeb 7, 2024
Amount Raised: $1,400,809
Inovedis

Albstadt, Baden-Wurttemberg, Germany

Inovedis offers innovative solutions in medical technology.

Health CareMedical Device
Series AOct 5, 2023
Amount Raised: $3,986,576
DearEmployee

Berlin, Berlin, Germany

Workplace Mental Health Platform

Health CareHuman ResourcesInformation TechnologyMental Health
SeedApr 24, 2023
VISPA

Stuttgart, Baden-Wurttemberg, Germany

VISPA is a virtual team collaboration that allows teams to use virtual rooms for successful projects.

CollaborationInformation TechnologySoftware
SeedNov 17, 2022
Amount Raised: $1,554,174
AZOWO

Stuttgart, Baden-Wurttemberg, Germany

Enterprise Software powering mobility transformation across all shared, connected, electric and autonomous processes

AutomotiveB2BCar SharingEnterprise SoftwareInternet of ThingsSoftwareTransportation
Series ANov 2, 2022
Amount Raised: $9,813,899