btov Industrial Technologies

The btov Industrial Tech team is backing ambitious entrepreneurial teams focusing on Hardware and Software innovations with industrial use cases.

We follow opportunities generated by two megatrends:

I. Distributed sensors, actuators, processing nodes and ubiquitous communication networks empower companies to process high frequency big data sets to generate unique insights into the real time state of their assets, supply chains, production processes, products in the field as well as customers’ needs (our definition of industry 4.0).

II. Increased resource efficiency, i.e. the reduction of power consumption, raw material input, greenhouse gas emissions, transportation overhead and lifecycle costs of producing and using goods is sound, sustainable business practice, increasingly enabled by new technologies.

Companies backed by us range from component, module and systems hardware companies with embedded software to intelligent design automation tool vendors to application and infrastructure software suppliers for industrial verticals. We are active in robotics & AVs, industrial machine learning, industry 4.0 and IoT, cyber-physical security, electronics & photonics, additive manufacturing, power conversion and storage, medical and quantum technologies.

We invest across Europe and would typically lead or co-lead a Series A syndicate, but we will also pursue Seed-Rounds as well as occasionally Series B-Rounds. Typical investment tickets range from EUR 1-3m initially together with a stringent reserve planning to commit up to EUR 10m to portfolio companies over the necessary follow-on financing rounds.

We maintain close links to research centers, universities and their entrepreneurship programs; corporate open innovation efforts; and public/private European research & development initiatives. We maintain close links to US and Chinese innovation ecosystems to keep a global view for everything we do.
Our leadership team of four partners has a combined sector investing experience of nearly 50 years – we have been focusing on deep B2B technologies for most of our investment careers and understand the specific challenges on the product development, marketing and sales, human resources and financing fronts.

We care about our companies no less than our entrepreneurs, as we only invest in enterprises with a worthy mission to back; and have substantially invested in our Funds ourselves.