Borsch Ventures
Robert-Bosch-Platz 1, Gerlingen-Schillerhöhe, Baden-Wuerttemberg, 70839, Germany
Overview
Bosch Ventures (Robert Bosch Venture Capital GmbH) is the corporate venture capital company of the Bosch Group, a leading global supplier of technology and services. Bosch Ventures invests worldwide in innovative start-up companies at all stages of their development. Its investment activities focus on technology companies working in areas of business of current and future relevance for Bosch, above all, automation and electrification, energy efficiency, enabling technologies, and healthcare systems. Bosch Ventures also invests in services and business models as well as new materials that are relevant to the above-mentioned areas of business. Bosch Ventures invests from EUR 500k for a seed funding to more than EUR 15m per company for usually 10% to 25% equity position. Bosch Ventures prefers to syndicate their investments with existing or new investors in the company and can take the lead as necessary.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Venture Capital
Investment portfolio
- FieldBee
Participated · Equity · May 2016
eFarmer offers a mobile application that pairs with a satellite antenna mounted on farm machinery to give precise location data and recommend efficient fieldwork patterns. The system targets small farmers (up to ~100 hectares) who cannot afford large, OEM-installed GPS systems, and the company estimates its app can save users up to 10% on fuel and materials. eFarmer currently uses antennas from various Ukrainian manufacturers while working to launch its own hardware production. The team of about 10 people operates across the Netherlands, Ukraine and Germany and is already cooperating with growers in roughly 30 countries. The company reports it is breaking even while ramping up its business and will switch from one-time licensing to a subscription model in September (planned pricing: €20/month plus a one-off €200 antenna payment). Current pricing is a €250 app license and a €1,250 antenna; the website supports 10 languages.