# LBBW Venture Capital

LBBW Venture Capital is a Venture Capital based in Stuttgart, Germany.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Stuttgart, Germany
- **Region:** Europe
- **Address:** Stuttgart, Germany
- **Founded:** 1998
- **Assets under management:** EUR 100–300 million (Altss estimate)
- **Website:** www.lbbwvc.de
- **LinkedIn:** https://www.linkedin.com/company/lbbw-venture-capital-gmbh

## Regulatory record

- **Reports private funds:** No

## About

LBBW VC was founded in 1998 as an independent subsidiary of the Landesbank Baden-Württemberg. It invests in early-stage disruptive IT and life science companies in the DACH region, participating in financings from Seed to Series A with initial ticket-sizes of up to €3m. The firm focuses on software-driven approaches in Enterprise IT, IoT, Industry 4.0, AI/ML, Big Data & Analytics, and in life sciences on drug development, diagnostics, MedTech and Healthcare IT. It has invested in over 60 companies.

## Sectors

- Enterprise Software
- Industrial Tech
- FinTech
- Digital Health

## People

- Jürgen Schäfer — Managing Director

## Questions

### How does LBBW Venture Capital source deal flow?

Origination is heavily relationship-driven, flowing through the commercial lending and corporate advisory networks of the parent bank. LBBW's deep ties to the Mittelstand industrial base in Baden-Württemberg provide a pipeline of companies seeking growth capital, often introduced by the bank's existing relationship managers long before a formal fundraising process.

### Is LBBW Venture Capital a fund or a balance-sheet investor?

It is a pure balance-sheet investor. LBBW Venture Capital deploys capital directly from Landesbank Baden-Württemberg's own equity reserves, meaning it does not raise external limited partner commitments, is not subject to fund-life constraints, and can hold portfolio positions indefinitely.

### What investment stages does LBBW Venture Capital typically target?

The firm's strategy spans early-stage through late-stage growth, with a practical emphasis on Series A and later rounds where the technology and business model are already proven in commercial settings. It rarely participates in seed-stage financings where the parent bank's corporate relationships provide no structural sourcing advantage.

### How is LBBW Venture Capital connected to the broader LBBW group?

It is a direct subsidiary or internal unit of Landesbank Baden-Württemberg, a central savings bank owned by the state of Baden-Württemberg, the regional savings banks association, and the city of Stuttgart. The venture capital group's governance and risk management are integrated into the parent bank's institutional framework.

### Which sectors does LBBW Venture Capital focus on?

Enterprise software, industrial technology, fintech, and digital health form the core sector emphasis, reflecting the industrial and commercial composition of the Baden-Württemberg economy. The firm has historically avoided life sciences and deep-tech hardware that require fundamentally different underwriting capabilities.

## Related profiles

- [LBB Industries](https://altss.com/profile/lbb-industries)
- [LBC Credit Partners](https://altss.com/profile/lbc-credit-partners)

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Last updated: 2026-08-11T15:07:19.634Z

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