Business Angels Region Stuttgart (BARS)
Also known as BARS, Business Angels Region Stuttgart e.V., BARS Beteiligungs GmbH
Stuttgart business angel association (e.V., 2003) of about 50 private investors who invest their own capital in tech startups; members' BARS Beteiligungs GmbH co-invests.
- HEADQUARTERS
- Stuttgart, Germany
- FOUNDED
- 2003
- AUM
- —
- OUTSIDE CAPITAL
- —
- TEAM LISTED
- 5 people
Focus
- STAGES
- Seed
- SECTORS
- Software & SaaSBiotech & Life SciencesHealthTechIndustrial & ManufacturingClimate & EnergyArtificial Intelligence
- GEOGRAPHY
- Germany
Investment arms & vehicles
- Company founded by BARS members that makes side-investments alongside members' holdings and lets members spread risk across a portfolio; currently holds six companies
Overview
Business Angels Region Stuttgart e.V. (BARS) was founded in 2003 on the initiative of Wirtschaftsförderung Region Stuttgart GmbH (WRS), the City of Stuttgart, i.con innovation GmbH and local entrepreneurs, and its office is hosted by WRS. Its roughly 50 members are entrepreneurs and investors who invest their own capital in early-stage, technology-based companies, typically EUR 100k to 250k each, more with partners. An eight-member screening committee reviews applications every two weeks before startups pitch at BARS forums. Members can also invest through BARS Beteiligungs GmbH, which makes side-investments alongside members' holdings. Listed holdings include DeepL, eGym, CoachHub and Immatics.
Investment thesis
Technology-based, knowledge-intensive startups in engineering, biotech and medtech, information and communication technology and cleantech, at seed and startup stage with a prototype and first revenues and a financing need of EUR 250k to 1M; preference for companies based within about 250 km of Stuttgart (southern Germany, Baden-Württemberg).
PORTFOLIO (38)
- DeepLNOTABLEArtificial Intelligence
- Immatics biotechnologiesNOTABLEBiotech & Life Sciences
- eGymNOTABLEConsumer & E-commerce
- CoachHubNOTABLESoftware & SaaS
- Software & SaaS
- Consumer & E-commerce
- Software & SaaS
- Software & SaaS
- Software & SaaS
- Software & SaaS
- Software & SaaS
- Education
- Media & Entertainment
- Fintech
- Software & SaaS
- Media & Entertainment
- Artificial Intelligence
- Consumer & E-commerce
- Media & Entertainment
- Media & Entertainment
- Biotech & Life Sciences
- HealthTech
- HealthTech
- Biotech & Life Sciences
- Climate & Energy
- Industrial & Manufacturing · Acquired
- Industrial & Manufacturing
- Industrial & Manufacturing
- HealthTech
- Consumer & E-commerce
- Consumer & E-commerce
- Consumer & E-commerce
- Software & SaaS
- meinhaus.digitalReal Estate & PropTech · since 2026
- Mobility & Logistics · Acquired
- Industrial & Manufacturing · Exited
- FutureE Fuel CellClimate & Energy · Acquired
- Media & Entertainment · Acquired
People
- Frank MotteChair of the Board (Vorstandsvorsitzender); managing director, INVESTORIA GmbH · source
- Andreas KochhäuserDeputy Chair and Treasurer; founder, EiKaM · source
- Dr. Andreas ChatzisDeputy Chair and Secretary (WRS representative); head of the office since 2006; managing director of BARS Beteiligungs GmbH since 2010 · source
- Christian MagirusBoard Member, Head of Screening Committee · source
- Michael KoflukBoard Member, Head of Investor Academy · source
Links
Frequently asked questions
Business Angels Region Stuttgart (BARS) is a angel network based in Stuttgart, Germany, founded in 2003.
Yes. Business Angels Region Stuttgart (BARS) invests its own capital in private companies.
Business Angels Region Stuttgart (BARS) invests at Seed stage in Software & SaaS, Biotech & Life Sciences, HealthTech, Industrial & Manufacturing, Climate & Energy and Artificial Intelligence.
Business Angels Region Stuttgart (BARS)'s stated ticket size is €100K–€250K.
Key people at Business Angels Region Stuttgart (BARS) include Frank Motte (Chair of the Board (Vorstandsvorsitzender); managing director, INVESTORIA GmbH), Andreas Kochhäuser (Deputy Chair and Treasurer; founder, EiKaM), Dr. Andreas Chatzis (Deputy Chair and Secretary (WRS representative); head of the office since 2006; managing director of BARS Beteiligungs GmbH since 2010) and Christian Magirus (Board Member, Head of Screening Committee).
Business Angels Region Stuttgart (BARS)'s investments include DeepL, Immatics biotechnologies, eGym, CoachHub, bao solutions, BCON (CapLab GmbH), Brickfox and ChatGrape (UberGrape GmbH), among others.
The most recent publicly reported investment by Business Angels Region Stuttgart (BARS) is meinhaus.digital (EUR 500k from six BARS business angels), announced in Apr 2026.
Business Angels Region Stuttgart (BARS) states that it accepts submissions through its official contact page.