Mathias Ressel, Investment Manager of bmp Ventures regarding TESVOLT – Why we invested
We have been involved with the TESVOLT GmbH fund managed by us since the end of the first quarter of this year. The fast-growing start-up from Wittenberg in the German state of Saxony-Anhalt develops and produces innovative battery storage systems. As part of our commitment, several million Euros of venture capital are flowing into the company.
The following points were crucial for our investment decision: