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The Venture Codex

LBBW Venture Capital

Königstraße 10c, Stuttgart, Baden-Württemberg, 70173, Germany

Overview

LBBW VC founded in 1998 as an independent subsidiary of the Landesbank BadenWuerttenberg, LBBW Venture invests in early and late growth stages of companies. Apart from long term financial support for its portfolio companies, the team offers special commercial support by active introductions to LBBW’s fast corporate client network, pitch sessions with potential commercial clients or direct applications within the bank itself. They have a broad successful international investment track record and growth support experience given their investments in over 60 companies. Their team members backed companies in Europe, Israel and the US and gained deep expertise across various industrial sectors. Their teams track record counts 2 IPO's, 1 unicorn and multiple trade sales.

Total investments
21
Lead investments
6
Investments · 12mo
2
Active investors
6

Sector focus

  • B2B
  • Big Data
  • Financial Services
  • Health Diagnostics
  • Industrial
  • Life Science
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Investment portfolio

  • Oska Health

    Participated · Seed · Feb 2026

    Oska Health offers an AI-supported coaching platform that pairs certified health coaches with digital therapy tools to deliver continuous care for high-risk, multimorbid patients suffering from chronic kidney disease, diabetes, hypertension, and other long-term conditions. Through video calls, chat, and a dedicated app, coaches translate physicians’ recommendations into day-to-day actions, aiming to boost medication adherence, strengthen health literacy, and lower avoidable hospitalisations. The company’s proprietary AI augments care teams by triaging patient needs and reducing administrative workload, making personalised chronic-care support scalable. Operating for more than three years, Oska Health has demonstrated its ability to keep patients engaged between medical appointments. The newly raised capital will fund further expansion of its AI infrastructure and broaden access to its hybrid care model across Europe. Financial details beyond the recent seed round have not been disclosed.

  • Blockbrain

    Participated · Series A · Feb 2026

    Founded in 2022, Blockbrain develops a responsible AI platform that lets enterprises build digital “knowledge twins” capturing employee expertise, processes, and decision logic. These Knowledge Bots deliver institutional know-how across teams while minimising hallucinations through a security-first, ISO 27001-certified, GDPR-compliant architecture that meets EU AI Act requirements. The system’s multi-model design avoids vendor lock-in and keeps sensitive data under customer control. Commercial traction is strong: Blockbrain reported five-fold revenue growth in 2025 and counts Bosch, Roland Berger, Kärcher, and other regulated-sector leaders as clients. An independent Giesecke+Devrient benchmark awarded the solution 92/105 points, outperforming rival enterprise AI offerings. With fresh capital, the company will deepen investment in security, governance, and compliance, add specialised AI agents with fallback mechanisms, and scale EU & UK go-to-market by hiring Forward-Deployed AI Engineers. Total funding now stands at €23 million, positioning Blockbrain to address structural talent shortages and productivity gaps in knowledge-intensive industries.

  • specter automation

    Participated · Seed · Mar 2025

    Specter Automation offers a cloud platform that digitizes construction site execution through 3D model-based management, enabling digital planning, scheduling, visualization, documentation, and real-time progress monitoring. The software is designed to improve efficiency and transparency on construction projects. The company serves major construction firms across North America, the Middle East, Asia, and New Zealand, including Kajima Corporation, Domoplan, Implenia AG, and Nesseler Bau GmbH. Founded in 2021 and based in Cologne, Germany, Specter targets large construction clients with its 3D site-management tooling. Following the latest financing, the company plans to scale its go-to-market team, strengthen international expansion, and invest in a dedicated customer success team. Specter Automation is a Cologne-based construction tech startup founded in 2021 that builds a SaaS and automation platform for the construction industry. Its platform produces 3D graphical models of construction projects, running from the cloud to generate real estimates of cost, material usage, and lead times. The company says the platform can reduce up to 40% of "organisational effort" on site. Specter focuses on digitising on-site workflows to improve coordination, quality, adherence to schedules, and to automatically document what happens on site. The construction industry is noted in the article as having low digital adoption despite high revenue generation, which frames the market opportunity. Specter has recently raised seed funding to support its product and go-to-market progress.

  • Heidelberg Epignostix

    Participated · Seed · Jul 2024

    Heidelberg Epignostix develops AI-based bioinformatics algorithms that use DNA methylation patterns to improve cancer classification, prognosis and therapy management. Its lead product, the Heidelberg Brain Tumor Classifier, is currently available as a research-use-only resource. The company combines epigenetics with artificial-intelligence powered analysis to classify tumor subtypes that are otherwise hard or impossible to distinguish. The algorithm has been applied to more than 150,000 patient samples to date. Heidelberg Epignostix intends to use the funds to expand development efforts for its flagship indication in brain tumor classification. The startup is headquartered in Heidelberg, Germany.

  • AIPERIA GmbH

    Led · Series A · Apr 2024

    AIPERIA builds an AI forecasting tool that aggregates historical and real-time data — including sales, consumer demand, retail stocks, weather, and store locations — to reduce food waste for suppliers. The company reports average outcomes of a 30% reduction in customer waste, a 4% increase in sales, and 90% time savings on planning. The product focuses on perishables today while the team and investors see broader applicability across sectors as part of a predictive-economy vision. The company was previously known as PlanerAI. The Series A financing is intended to fund expansion of the tool and further development of its forecasting capabilities.

Team