L-Bank

L-Bank is the public-sector state development bank of Baden-Württemberg and an institutional capital provider for Germany-focused startup and growth financing. Through InnoGrowth BW, it supports legal-entity investors backing innovative start-ups and growth-oriented SMEs, using equity, quasi-equity and mezzanine structures with refinancing of €200,000 to €5 million per company. It is relevant for early- and later-stage companies with a Baden-Württemberg or Germany connection, including deep tech, hardware, robotics and semiconductor businesses.