BMH invests in Split and Things Technologies

The Hessian company now has start-ups in its portfolio that are dedicated to the digitalization of gastronomy and building management.

Beteiligungs-Managementgesellschaft des Landes Hessen MBH has invested in two start-ups in its home state: Split and Things Technologies. Both companies each want to digitize a specific business area: Split the catering industry, Things Technologies building management.

Split was founded in Frankfurt am Main at the end of 2019. The company aims to offer an all-in-one ordering solution for restaurants and hotels. Restaurateurs receive support in setting up digital menus, self-ordering functions and online pick-up and delivery stores, for example. The start-up received capital in the mid-six-figure range as part of the seed round. The exact amount is not known. MR Beteiligungen GmbH and several angel investors also invested: Olaf Kempin, co-founder of the Darmstadt-based personnel service provider Univativ, Daniel von Wedel and his brother Alexander von Wedel from the investment company v. Wedel Family & Friends Verwaltungs-GmbH and Michal Jarocki, Head of Legacy Sales at Commerzbank.

The other company in which BMH has invested is Things Technologies. The real estate company received a total of 7.5 million euros in its Series B financing round. It was founded in 2016 and offers a software application called "Thing-it". This is a platform for the intelligent bundling and networking of building management. Tenants and building managers can use it to collectively carry out a wide range of administrative and booking processes online. In addition to BMH, the Futury Regio Growth Fund and investors Anyon Holding, Futury Venture Fonds, PropTech1 Fund I and a large part of the Thing Technologies team itself have also invested in the company.

BMH is convinced by both companies. Stephan Groß, the responsible investment manager at BMH, says of Split: "In the medium term, companies throughout Germany and beyond could benefit from Split's scalable approach. We are therefore happy to support the team in its planned growth steps." Sebastian Schnell, the responsible BMH manager, says about Things Technologies: "The company's numerous references show how great the potential applications of smart technologies are in the real estate sector. This makes Thing-it an extremely promising pioneer for us in the field of digital real estate."

BMH is based in Wiesbaden. It was founded in 2001 and is a wholly owned subsidiary of Landesbank Hessen-Thüringen Girozentrale (Helaba). Through Wirtschafts- und Infrastrukturbank Hessen (WIBank), BMH is actively involved in business development in the state of Hesse.