Investors in Regional Focus

The FSE Group, we have been dedicated to providing accessible market-gap funding to high-growth businesses through the Enterprise M3 Growth Fund since 2002. Collaborating closely with stakeholders such as the British Business Bank, Funding London, and Local Enterprise Partnerships, our mission is to deliver regional funding that catalyzes job creation and economic prosperity. Beyond financial returns, we prioritize the economic impact of our investments, supporting SME growth and fostering diversity. We actively contribute to improving the funding landscape and promoting sustainability by efficiently recycling smaller funds. At our core, we are more than fund managers—we are committed to driving positive economic change and empowering underrepresented geographies.

BayBG Venture Capital, with over €200 million invested since its inception, is one of the significant venture capital investors in Germany. Our current portfolio comprises 37 outstanding companies in Deep Tech, B2B, Consumer Tech, and Life Sciences sectors, including notable names like 4screen, AMW, EcoG, happybrush, IDnow, iThera, Navvis, Open-Xchange, rebike, Speexx, and Unite. BayBG targets young technology firms with exceptional founders and above-average growth potentials, demonstrating initial market successes and six-figure revenues. Initially, we invest between €1 million (Pre-Series A) and €5 million (Series B) and allocate up to €10 million per company through subsequent financings. Additionally, BayBG can serve as a co-investor for public participation companies. Structured as an Evergreen, BayBG operates without the temporal constraints of traditional venture funds. Our Venture Capital team has amassed extensive transaction experience over the past decade, completing over 120 (follow-on) financing rounds and achieving impressive performance, including 8 successful exits, among them 1 IPO! As a division within BayBG, boasting over 50 years of history as an investment company, we possess a broad network of investors, advisors, and governmental entities. The Venture Capital portfolio gains exclusive access to BayBG's medium-sized company portfolio, offering valuable leads to potential clients. Our largest shareholder, LfA Förderbank Bayern, stands as one of the key investors in German venture capital funds. We see ourselves as entrepreneurial sparring partners for founders.