Focus on disruptive start-ups
- Now 420 million euros under management
- Investments from seed to growth stage
- Bosch CEO Denner: “Robert Bosch Venture Capital successfully shapes the innovation leadership of Bosch through valuable connections to the start-up ecosystem.”
Robert Bosch Venture Capital GmbH, the corporate venture capital company of the Bosch Group, has set up its third fund with 150 million euros. “Robert Bosch Venture Capital successfully shapes the innovation leadership of Bosch through valuable connections to the start-up ecosystem”, says Dr. Volkmar Denner, Chairman of the Board of Management of Robert Bosch GmbH. Its investments give Bosch an early access to disruptive innovations generated by the start-up ecosystem. Furthermore, the activities of Robert Bosch Venture Capital support Bosch’s technology leadership with open innovation powered by start-ups.
Extension of start-up portfolio
With its third fund, Robert Bosch Venture Capital now has 420 million euros under management. It will continue investing in innovative start-ups and in selected industry-specific venture capital funds in Europe, the US, Israel, and China. “The new fund will continue focusing on disruptive start-ups in the areas of automation and electrification, energy efficiency, enabling technologies, and healthcare systems. Investments will also be done in services and business models as well as new materials that are relevant to the above-mentioned areas of business”, says Dr. Ingo Ramesohl, Managing Director and co-head of Robert Bosch Venture Capital. Well-known companies belong to the existing portfolio of Robert Bosch Venture Capital, such as Movidius, market leader in embedded machine vision, and Greenpeak, market leader for smart home communication devices. In one of its latest exits, the Israeli company Pebbles, which Robert Bosch Venture Capital identified early as a leader in the field of gesture recognition, was sold to Facebook.
Investments from seed to growth stage
Robert Bosch Venture Capital invests in seed, early and late stage venture capital rounds and participates in the follow-on investments in privately held companies. Depending on the stage of the company the initial amount of investment ranges from below 500 thousand euros for a seed funding to more than five million euros in an early to late stage funding round. The typical aggregate investment allocation per portfolio company, including follow-on investments, ranges typically between six and 15 million euros for usually a ten to 25 percent equity position in each company.
Start-ups interested in getting in contact with Robert Bosch Venture Capital can find more information at www.rbvc.com.
