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Bw Capital

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About Bw Capital

BW-Capital GmbH is the venture capital arm of the State of Baden‑Württemberg, managed by L‑Bank. The company invests in high‑growth, future‑technology start‑ups and scale‑ups that originate from the region’s research ecosystem. Focusing on sectors such as Digitalisation & Industry 4.0, Artificial Intelligence & Quantum Technologies, GreenTech & Sustainable Mobility, Life Sciences & MedTech, and Aerospace, BW‑Capital provides venture‑capital and private‑equity funding through dedicated funds and direct investments, often mobilising private capital alongside public resources. Its mission is to turn excellent research into hidden champions and a next‑generation Mittelstand, strengthening the state’s innovation potential and economic competitiveness.

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