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The Venture Codex

bm|t

Maximilian-Welsch-Str. 6a, Erfurt, Thuringia, 99084, Germany

Overview

bm-t beteiligungsmanagement thüringen is a regional venture capital and private equity company with fokus on investments in the State of Thüringen in Germany only. We invest in innovative companies with strong growth potential across all sectors and all phases of the corporate lifecycle.

Total investments
10
Lead investments
5
Investments · 12mo
1
Active investors
9

Sector focus

  • Finance
  • Financial Services
  • Venture Capital
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Investment portfolio

  • Altavo

    Led · Series A · Jan 2026

    Founded in 2021, Altavo is a Dresden-based medical device startup focused on AI-powered voice rehabilitation. Its core technology combines non-invasive radar sensing with artificial intelligence to create prosthetic solutions that help aphonic and severely voice-impaired patients regain natural speech. The company collaborates with the Chair of Speech Technology and Cognitive Systems and the Chair of Radio Frequency Engineering at Dresden University of Technology. Altavo employs 16 specialists across AI/data science, speech technology, radio-frequency engineering, medical devices and speech therapy at its Dresden and Jena offices. The newly secured capital will accelerate company development, fund clinical work, and advance its commercial product toward market readiness. While still pre-revenue, the startup’s growing R&D partnerships and specialized team position it to address a significant unmet clinical need.

  • Leapter

    Led · Seed · Jul 2025

    Leapter is an AI-native platform that turns business needs into clear, visual, executable blueprints that serve as a single source of truth for projects. By changing the medium from code to structured visual diagrams, Leapter enables cross-functional collaboration among product leaders, analysts, compliance, legal teams, and engineers, making systems auditable and verifiable. The platform is designed to bridge the gap between AI speed and human oversight, reducing the risk of untrusted AI-generated code and promoting correct-by-design implementations. Leapter is Germany-based and currently operating in private beta with a group of early design partners. The company secured €2 million in pre-seed funding to support growth. With the new funding the team plans to grow engineering capacity, further develop its visual language, and roll out additional enterprise integrations.

  • Enginsight

    Participated · Equity · Sep 2024

    Enginsight offers an automated, all-in-one security platform developed entirely in Germany and specifically tailored to the needs of SMEs. The software determines customers' IT security maturity and proactively detects and blocks attacks, emphasizing transparency and automation—summarized as 'making the invisible visible' and 'making the insecure secure.' Its platform combines threat detection, monitoring, response and automated vulnerability management, and can typically be deployed and operational within a day. Enginsight aims to ease the burden on SME IT managers by giving them visibility and control over their networks. With the recent €6M raise, the company is positioned to scale commercially while continuing product development. Future plans focus on expanding market leadership in the DACH region and establishing an international foothold through targeted branding, an expanded sales team, and new partnerships.

  • Quantum Optics Jena

    Participated · Equity · Sep 2024

    Quantum Optics Jena develops quantum-based solutions aimed at next-generation communication systems. The company is led by Kevin Füchsel and Oliver de Vries. In the reported deal, several investors committed capital to support the business. ELAS Technologies, Fraunhofer Technologie-Transfer Fonds and beteiligungsmanagement Thüringen (bm|t) had previously invested a seven-figure sum in the company. No operating metrics or specific financial use of proceeds were disclosed in the article. The transaction and company were covered in the DealMonitor roundup of DACH-region investments.

  • rooom

    Participated · Equity · Jul 2024

    rooom provides a software platform for creating immersive 3D spaces and digital experiences accessible on phones and computers, used for virtual showrooms and interactive product presentations. Founded by Hans Elstner, the company shifted from a consumer focus to B2B in 2018 and plans to further open the platform to creators. It serves notable corporate clients — about one-third of DAX companies use its solutions — and reports roughly 45,000 registered users and about 80 employees. The product emphasizes realistic, explorable digital rooms where users can view, discuss, and learn about products and services. rooom aims to deepen penetration in sectors such as HR, learning, and manufacturing while improving content-creation tools and partnerships. The company completed a recent funding round despite challenging market conditions and a lengthy fundraising process.

Team

  • Kevin Reeder

    CEO

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  • Stephan Beier

    Senior Investment Manager

    LinkedIn
  • Stefan Jahn

    Investment Manager

    LinkedIn
  • Silke Berlit

    Senior Financial Controller