NBank Capital (NBank Capital Beteiligungsgesellschaft mbH) is the equity investment arm of NBank, the development bank of the German state of Lower Saxony. It takes minority stakes in startups and small and medium-sized companies based in Lower Saxony, covering company formation, innovation projects and expansion financing. It typically invests alongside private co-investors and business angels, from early stage through growth.
Investment thesis
Sector-agnostic investor covering everything from mechanical engineering to e-commerce, artificial intelligence, life sciences, and environmental and energy technology. Invests through two tracks: NSeed for company formation and seed-stage startups, and NBeteiligung for SME growth capital, in Lower Saxony, Germany.