Sächsische Aufbaubank – Förderbank (SAB)
Central development institution (Anstalt des öffentlichen Rechts) of the Free State of Saxony Freistaat Sachsen
Also known as SAB, Sächsische Aufbaubank, SAB Förderbank, Sächsische Aufbaubank - Förderbank -
Saxony's state development bank (AöR); mainly grants, loans and guarantees, plus LP stakes in TGFS III, WMS III and Smart Infrastructure Ventures and the SBG subsidiary.
Development bank of the Free State of Saxony (Leipzig/Dresden); not the Sächsische Beteiligungsgesellschaft (SBG), its investment subsidiary, and not the MBG Sachsen.
- HEADQUARTERS
- Leipzig, Germany
- FOUNDED
- —
- AUM
- —
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 2 people
FOCUS
- STAGES
- SeedGrowth
- SECTORS
- —
- ASSET MIX
- Venture capitalPrivate equity
- GEOGRAPHY
- Germany
WHAT IT IS
Government-backed Fund. Public money — a state or EU-backed vehicle investing on behalf of taxpayers, often with policy goals.
- Investment company of the SAB (open and silent stakes in Saxon start-ups and SMEs)
- Holding listed on the SAB-Beteiligungen page
ABOUT
The Sächsische Aufbaubank – Förderbank (SAB) is the central development institution of the Free State of Saxony, an Anstalt des öffentlichen Rechts under the FördbankG of 19 June 2003, with offices in Leipzig and Dresden. It mainly provides grants, loans and guarantees on behalf of the state. Its published holdings include the investment company SBG – Sächsische Beteiligungsgesellschaft and fund vehicles: Technologiegründerfonds Sachsen III, Wachstumsfonds Mittelstand Sachsen III and Smart Infrastructure Ventures Fund. The WMS fund names the SAB among its investors alongside the Free State, the Saxon Sparkassen, Bürgschaftsbank Sachsen and the MBG.
PORTFOLIO (3)
- TGFS III – Technologiegründerfonds Sachsen III GmbH & Co. KGFund holding listed on the SAB-Beteiligungen page
- Fund holding listed on the SAB-Beteiligungen page
- Smart Infrastructure Ventures Fund GmbH & Co. KGFund holding listed on the SAB-Beteiligungen page
TEAM
LINKS
FAQ
Sächsische Aufbaubank – Förderbank (SAB) is a government-backed fund based in Leipzig, Germany.
Sächsische Aufbaubank – Förderbank (SAB) does not primarily invest directly in private companies. It also commits capital to third-party funds as an LP.
Sächsische Aufbaubank – Förderbank (SAB) invests at Seed and Growth stages.
Key people at Sächsische Aufbaubank – Förderbank (SAB) include Dr. Katrin Leonhardt (Chair of the Management Board (Vorsitzende des Vorstandes)) and Ronald Kothe (Member of the Management Board (Mitglied des Vorstandes)).
Sächsische Aufbaubank – Förderbank (SAB)'s investments include TGFS III – Technologiegründerfonds Sachsen III GmbH & Co. KG, WMS III – Wachstumsfonds Mittelstand Sachsen III GmbH & Co. KG and Smart Infrastructure Ventures Fund GmbH & Co. KG.
No. Sächsische Aufbaubank – Förderbank (SAB) invests its own capital and does not raise money from outside investors.