Already in past financial year BayBG set a record investment volume of €57.6 million, which has now been exceeded again. The portfolio of investments also rose to a record €350 million. The company's history stretches back to the Venture capital provider already 50 years ago.
Peter Pauli, spokesman for the management, says:
"Last year, many companies faced the challenge of coping with the consequences of the recent crises, with declines in sales and equity ratios, as well as exhausted credit facilities, while simultaneously further developing their business models, for example, with regard to digitalization and sustainability. BayBG's offerings – equity and mezzanine – were and remain in demand in this situation."
BayBG: “Are available to companies as a reliable investment partner”
BayBG previously increased its maximum investment amount per company to up to €10 million, making this record investment possible. This is intended to make financing available to larger medium-sized companies as well.
“The strong demand is an expression of the special importance of our offerings for small and medium-sized businesses,”
says Pauli.
“We will continue to be available to companies as a reliable investment partner in the current 2022/23 financial year.”
BayBG’s portfolio also includes a number of Munich-based startups, including Building Radar, Happybrush, Hotelbird, IDnow, Munevo, Navvis, Rebike, Tado, Testbirds and VRdirect.
