The Venture Codex Logo

The Venture Codex

Beteiligungs-Managementgesellschaft Hessen

Gustav-Stresemann-Ring 9, Wiesbaden, Hessen, 65189, Germany

Overview

BM H Beteiligungs-Managementgesellschaft Hessen mbH operates as an investment arm of Landesbank Hessen-Thüringen Girozentrale.

Total investments
11
Lead investments
5
Investments · 12mo
5
Active investors
6

Sector focus

  • Finance
Visit website

Investment portfolio

  • ANTROK

    Led · Equity · Jul 2026

    ANTROK is an established Anlagen-, Rohrleitungs- sowie Energie- und Wärmetechnikbau firm based in Lohfelden that develops and delivers industrial energy plants and accompanies customers from planning through fabrication, commissioning and service. Central to its product strategy is the ANTROK Energiebox, a modular, container-based solution for heat and cold supply that can integrate photovoltaics, battery storage and existing infrastructure. The company aims to translate its engineering and plant-construction experience into a scalable, standardized product offering to serve buildings, districts and commercial properties. ANTROK plans to deploy pilot and demonstration installations and to enhance digital planning, simulation and monitoring capabilities as part of this transition. The recent €1 million in silent participations from BM H-managed funds will strengthen its equity base and fund product development, sales, marketing and personnel expansion. This financing supports ANTROK’s move from project-centric work toward repeatable product and service models to address decarbonization and energy-efficiency demand.

  • Lissi

    Participated · Seed · Jul 2026

    Founded in 2019, Lissi develops software and a connector suite that enables integration of EUDI Wallets and verifiable credentials into digital services. The company focuses primarily on the financial sector—banks, insurers, payment service providers and trust service providers—making up about 90% of its customer base and including clients such as Commerzbank and itsme. Lissi's platform is designed to be eIDAS-compliant, interoperable across public and private wallets, and deployable within existing IT environments so customers retain control over data. The firm emphasizes support for regulatory compliance, including anticipated impacts from the EU Anti-Money Laundering Regulation, and aims to enable Open Finance use cases via identity wallets. The recent €3.5M financing is intended to accelerate product development, platform deployment and wider adoption across Europe.

  • QuoIntelligence

    Led · Series A · Apr 2026

    QuoIntelligence, founded in Frankfurt in 2020, provides finished threat intelligence that is analysed, contextualised, and stored within the EU for mid-market organisations across finance, government, manufacturing, retail, and transportation. Its analyst-first model combines Mercury, an AI-powered threat intelligence platform, with a team of European analysts who review and curate outputs in clients’ languages and sectors; KARLA, a conversational AI analyst, makes that intelligence accessible across organisational levels. The company emphasizes European data sovereignty, is incorporated under German law, operates entities in Spain and Italy, and stores all intelligence data on German soil. QuoIntelligence targets demand driven by regulatory frameworks such as NIS2 and DORA and positions its offering as an alternative to non‑EU vendors. The firm intends to use new funding to expand go-to-market efforts, advance product development, and grow its team.

  • READO

    Participated · Seed · Mar 2026

    READO is an early-stage company headquartered in Frankfurt. While the article does not specify the startup’s exact product, it highlights the firm’s momentum in securing venture backing to fuel its next growth phase. Since its founding, READO has raised a cumulative €1.9 million, with the latest injection coming from a freshly closed seed round. The company attracted two seasoned, though unnamed, investors who actively structured and supported the round, underscoring confidence in READO’s prospects. Additional backing came from BMH Beteiligungs-Management Hessen and a broad network tied to entrepreneurs, investors, and the Frankfurt School ecosystem. Management plans to channel the new capital into scaling operations, kicking off what it calls its “next growth phase.” No operating metrics, such as revenue or user figures, were provided in the article.

  • Scavenger AI

    Led · Seed · Oct 2025

    Frankfurt-based Scavenger AI builds a single, natural-language interface that connects to ERP, CRM, SQL and other internal systems so employees across finance, operations and sales can retrieve quantitative insights in seconds. The product emphasizes full traceability, GDPR compliance and explainability, positioning itself as a European alternative to U.S. business-intelligence tools and targeting the large SME segment in the DACH region. Current customers include Telekom, Mann & Schröder and Wangen Pumpen. By eliminating reliance on spreadsheets, dashboards and scarce data talent, the platform aims to democratize data-driven decision making across an organization. The company has secured €2.5 million in seed capital to date. With this funding, Scavenger AI plans to accelerate product development and broaden its rollout across Europe, bringing enterprise-grade analytics to a wider range of small and mid-sized companies.

Team