Fundraising Fox

Bayern Kapital

Venture capital

Landshut · Pre-Seed–Late Stage · 29 people tracked

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Investment thesis

Bayern Kapital focuses on financing innovative start-ups and scale-ups based in Bavaria, Germany. Positioning itself as an active, experienced and financially strong anchor investor, it supports founders from the pre-seed stage through to growth and scale-up, participating over several financing rounds. Investment tickets range from €250,000 up to €50 million per company. With roughly three decades of venture capital experience and around €1.3 billion under management, the firm currently maintains a portfolio of about 120 active companies.

Invests inDeep TechSector AgnosticGermanyMunich

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Late Stage
Check
$275K – $55M
HQ
Landshut, DE
Leads rounds
Leads
Instruments
Equity
Founded
1995
Last 12 months
8 investments
AUM
$1.4B
Tracked investments
63

Team · 29 people

from the firm's website & curated & public directories
Dr. Bernd Schafberger· Contact for financing questionsin
Georg Ried· Managing Director
Bernhard Köhler· Investment Director and Authorised Signatoryin
Doris Eisner· Contact for general questions

Contact for general inquiries.

Madeleine Guggenheim· Contact for marketing, press, events and networking

Contact for marketing, press, events, and networking inquiries.

Stefan Engl· Contact for internal organisation and controlling

Contact for internal organisation and controlling inquiries.

Martin Redl· Investment Directorin
Thomas Manitta· Senior Investment Managerin
Wolfgang Härtl· Investment Directorin
Ondrej Smolek· Investor
Regina Graßl· Investorin

What they invest in

from 49 of 63 portfolio companies

AI & Machine Learning ×15Deep Tech ×13SaaS ×13Hardware ×12Enterprise Software ×9Healthtech ×8Biotech ×6Energy ×6

HQs:Germany×21United States×4Australia×1France×1United Kingdom×1

Who they back

founder profiles across 10 portfolio companies
20%
solo founders
2 of 10 mapped founding teams

Founding team size:solo founder×22 founders×43 founders×24+ founders×2

Investments · 63 tracked

founders shown can be your intro path

By year:2026 · 42025 · 62024 · 22023 · 113 dated

Immunicimmunic-therapeutics.comNASDAQ: IMUX

Biotechnology company developing orally available therapies for chronic inflammatory and autoimmune diseases.

BiotechNew York, US

Andreas Muehler(Executive Officer)inDaniel Vitt(Executive Officer, Director)inJASON TARDIO(Executive Officer)GLENN WHALEY(Executive Officer)INDERPAL SINGH(Executive Officer)Patrick Walsh(Executive Officer)

Co-investorsbmp VenturesFund+Pontifax Venture CapitalOmega Funds

EcoGecog.ioin𝕏✓ verified

EcoG develops an AI-enabled operating system and software solutions for electric vehicle charging infrastructure, optimizing energy flow and system reliability for fleet operators and charging network providers.

CleantechClimate TechEnergyEnterprise SoftwareHardwareIoTMobility & TransportationMunich, DE

Joerg Heuer(Founder & CEO)inJohannes Hund(Founder & CTO)in

Co-investorsBerliner Volksbank VenturesGET FundMichigan RiseRedstoneTane FundTechstars+2 more

Quantum Systemsquantum-systems.comin𝕏✓ verified

Quantum Systems designs and manufactures electric vertical take-off and landing (eVTOL) unmanned aerial systems for military, defense, and commercial customers to collect aerial intelligence and real-time mission-critical data.

AI & Machine LearningDeep TechDefense TechHardware

Tobias Kloss(Founder)inArmin Busse(Founder)Florian Seibel(Co-Founder & Co-CEO)inSven Kruck(Co-CEO)inDave Sharpin(CEO at Quantum Systems Inc.)in

Co-investorsBalderton CapitalHV CapitalNotion CapitalAirbus VenturesIn-Q-TelAdvent International+6 more

4screen4screen.cominJul 2025 · $21M

4screen operates an in-car marketing platform that connects brands and businesses with drivers by delivering real-time, location-based content directly on the car's dashboard screen.

AdTechMarketing TechMobility & Transportation

Christoph Mahlert(Founder)Fabian Beste(Founder)inSimon Hecker(Founder)

Co-investorsBosch VenturesRobert Bosch Venture CapitalS4S Ventures

adnymics GmbH

Offers intelligent, individualized and automated print advertising.

Akhetonicsakhetonics.comin𝕏

Akhetonics develops all-optical computing hardware based on photonic integrated circuits that generate nonlinear optical operations, enabling optical logic gates, analog mathematical operations, optical memory, and quantum feed-forward.

Deep TechHardwareSemiconductors

Leonardo Del Bino(Founder)inMichael Kissner(Founder)in

Co-investorsMatterwave VenturesRheingau FoundersRuna Capital468 Capital

Bilendo GmbH

SaaS provider for the fintech sector based in Munich.

Blickfeldblickfeld.comin𝕏

Blickfeld builds high-precision 3D LiDAR sensors combined with on-device perception software for object detection and real-time analysis.

Deep TechHardwareIoT

Co-investorsUVC Partners

BOX ID

Automatically analyzes and monitors location and process events in the logistics chain.

casavi

Connects parties involved in real estate and digitalizes standard processes for real estate management.

CatalYmcatalym.comin

CatalYm develops immunotherapies for solid tumors by neutralizing GDF-15, a protein it identified as a cancer therapy resistance mechanism, aiming to restore anti-tumor immune activity and improve responses to checkpoint inhibitors.

BiotechHealthtech

Co-investorsCanaan PartnersJeito CapitalNovartis Venture FundBioGeneration VenturesBioqube Ventures

ChargeXchargex.dein

ChargeX provides EV charging infrastructure for businesses and the real estate industry, offering its modular Aqueduct charging system along with installation, billing, operation, and support as an integrated package.

CleantechEnergyMobility & Transportation

Co-investorsBONVENTUREUVC PartnersMove EnergyVerve Ventures

Cliniserve

Uses communication software to enable new nursing work models to combat nursing shortage.

Cobrainer

AI-based employee development SaaS platform that helps organizations understand, use and develop employee skills.

Commercetoolscommercetools.comin𝕏

commercetools provides a headless, composable commerce platform for enterprises to run B2C, B2B, B2B2C and D2C models from a unified system, handling catalog, checkout, pricing and storefront.

E-commerceEnterprise SoftwareSaaSMunich, DE

Dirk Hoerig(Co-founder & Chief Innovation Officer)inHajo Eichler(Executive Team (Technology))Doug McNary(CEO)Eric Speciel(Customer Leader (Executive Team))Matt Tuel(Executive Team (Finance))Liesl Asaa(General Counsel)

Co-investorsAccelInsight Partners

Conntacconntac.netin

Conntac provides a self-service platform for customer support, enabling end users and service teams to resolve issues independently while helping companies reduce support costs and improve customer satisfaction.

Enterprise SoftwareSaaSGermany, DE

Co-investorsBasinghall PartnersZAKA VC

Crealyticscrealytics.comin

Crealytics is a performance marketing agency that manages multi-channel ad campaigns (Microsoft, Meta, TikTok, Snap) and offers strategy, creative, measurement, and analytics services for B2C and B2B brands.

AdTechMarketing Tech

Co-investorsLBBW Venture Capital GmbH

DeepDrivedeepdrive.techinMar 2023

DeepDrive develops electric motor and drivetrain solutions for electric vehicles, including in-wheel and central drive systems.

EnergyHardwareMobility & TransportationMünchen, DE

Alexander Rosen(Founder)Christopher Römmelmayer(Founder)Dean P(Founder)Markus Domme(Founder)Stefan Ender(Founder)

Co-investorsBMW i VenturesLeitmotifTechstarsUVC PartnersXPRENEURS

Deepeye Medicaldeepeye-medical.com

Co-investorsYZR Capital

Deliciousdelicious.com

Delicious is a meal planning app that generates daily meal plans at three difficulty levels (easy, intermediate, sophisticated) with recipes, nutritional information, and grocery lists.

ConsumerFoodTech

Co-investorsUnion Square Ventures (USV)Andreessen Horowitz

Delicious Datadelicious-data.com

Delicious Data provides AI-powered analytics and automation tools for bakeries and food retail operators, helping them analyze sales data, detect anomalies, optimize inventory management, and automate ordering across multiple locations.

AI & Machine LearningData & InfrastructureRetail TechGermany, DE

Co-investorsBasinghall PartnersSeed+SpeedPeakBridge VC

Driveblocksdriveblocks.aiin

driveblocks develops autonomy and perception software with Physical AI models for off-road vehicles, handling sensor processing, sensor fusion, and terrain-aware navigation in harsh environments.

AI & Machine LearningDefense TechRobotics

Co-investorsFORWARD.oneRethink Ventures

Dynamic Biosensorsdynamic-biosensors.comin𝕏

Dynamic Biosensors develops the heliX biosensor instruments and switchSENSE and single-cell Interaction Cytometry (scIC) technologies for characterizing molecule-molecule and molecule-cell interactions and binding kinetics.

BiotechDeep TechHardware

Co-investorsUVC Partners

Ebenbuildebenbuild.comin

Ebenbuild develops personalized, predictive digital twins for patients with severe illness, using computational models grounded in physics, physiology, biochemistry, and disease mechanisms.

AI & Machine LearningDeep TechDigital HealthHealthtechMedical Devices

Co-investorsTechFounders

Egymegym.comin

EGYM provides an operating system for gyms and fitness clubs that connects training equipment, member data, and club management processes into one platform.

SaaSSports TechWellness & Fitness

Co-investorsHighland EuropeHPE GrowthHTGFJavelin Venture PartnersNGP Capital

Electric Car Schemeelectriccarscheme.comin𝕏Oct 2024

The Electric Car Scheme provides an EV salary sacrifice program that lets employees lease electric cars at a discount through their employer, while helping businesses save on tax and offer a staff benefit.

CleantechHR TechMobility & TransportationSaaS

Thom Groot(CEO & Co-founder)Tom Eilon(Co-Founder)in

Co-investors13books CapitalConduit ConnectPortfolio VenturesSPWOneAdjuvoAscension

emax digitalemax-digital.comin

emax digital offers cloud-based, AI-driven analytics software for brands, vendors, sellers, and agencies operating on Amazon, providing insights across product catalogs, search visibility, advertising performance, pricing, and product detail changes.

AI & Machine LearningE-commerceRetail TechMunich, DE

Andreas Kleofas(Founder)Dominik Pietrowski(Founder)

enmaccenmacc.comin

enmacc operates a digital wholesale energy trading marketplace that provides market access and liquidity for energy market participants, including smaller and new players.

B2B MarketplacesClimate TechEnergyEnterprise SoftwareFintechSaaSMunich, DE

Jens Hartmann(Founder)in

Co-investorsCherry Ventures10x FoundersIlluminate Financial

Erium

Revolutionizes the use of generative AI in enterprises.

ExB

Accelerates document processing and reduces costs and time.

Gastfreundgastfreund.netin

Gastfreund offers a modular guest experience platform with a guest app, information channel, and team communication tools (Hotelboard) for hotels, resorts, campsites and vacation rentals as well as healthcare and care facilities such as hospitals, rehab and senior residences.

HealthtechSaaSTravel & HospitalityKempten, DE

German Bionicgermanbionic.comin𝕏Apr 2024 · $16.3M

German Bionic develops wearable exoskeletons and smart power suits that use AI to assist workers with heavy lifting, prevent posture injuries, and improve workplace safety.

AI & Machine LearningHardwareRoboticsBerlin, DE

Co-investorsAtlanticSamsung Catalyst FundStorm VenturesBenhamou Global VenturesEuropean Investment BankJoin Capital

Hololighthololight.comin

Hololight builds enterprise XR pixel-streaming technology that renders AR and VR applications on external workstations or servers and sends only pixels to headsets, keeping data off the device.

Deep TechEnterprise SoftwareSaaS

Co-investorsCipio PartnersEnBW New Ventures GmbHFuture Energy Ventures

iATROS

Aims to reduce the rate of strokes and heart attacks by 30% by 2030.

Insemprainsempra.bioin𝕏

Insempra uses biotechnology to produce bio-based ingredients—such as its 100% bio-based Phenyl Ethyl Alcohol—as sustainable alternatives to petrochemical- and extraction-based inputs.

BiotechClimate TechNew Materials

Co-investorsAcequia Capital (AceCap)Alante CapitalBlueYard Capital

IQ Capitaliqcapital.vc

IQ Capital is a European venture capital firm focused on deep tech, investing in founders building frontier technologies across areas such as intelligence, energy, computation, and biology.

Deep Tech

Kerry Baldwin(Founder)in

Co-investorsEnterprise Capital FundsGEIF VenturesKPN VenturesRaison.406 VenturesAlbum VC+7 more

IQMmeetiqm.comin𝕏

IQM manufactures and sells superconducting quantum computers that institutions can own and operate on-premises, offering products ranging from 5-qubit research systems to 150-qubit high-performance computing systems.

Deep TechHardwareQuantum Computing

Jan Goetz(Founder & CEO)in

Co-investors55 NorthChanger ClubInception FundOpenOceanOurCrowdRuna Capital+6 more

Isar Aerospaceisaraerospace.comin𝕏

Isar Aerospace provides launch services for small and medium-sized satellites and satellite constellations, targeting global customers seeking access to space.

Advanced ManufacturingDeep TechHardwareSpace TechMunich, DE

Daniel Metzler(Chief Executive Officer)Josef Fleischmann(Chief Technical Officer)Stella Guillen(Chief Commercial Officer)

Co-investorsCipio PartnersCoastCapEarlybird Venture CapitalHoltzbrinck VenturesHV CapitalMolten Ventures+5 more

Luma Visionlumavision.comin𝕏

LUMA Vision develops health-tech combining hardware, software, and machine learning to provide physicians with data-driven imaging and decision-support tools.

AI & Machine LearningHealthtechMedical Devices

Co-investorsAtlantic Bridge Venturesimec.xpand

mbiomicsmbiomics.comApr 2026

mbiomics designs and develops complex Live Biotherapeutic Products (LBPs) based on gut microbiome consortia to treat severe and chronic diseases, with a pipeline spanning oncology (melanoma, NSCLC/renal cell carcinoma), IBD, and ASD.

AI & Machine LearningBiotechHealthtech

Mecuris

Enables professionals to create custom orthopedic aids using easy-to-use CAD software.

Microbiome TherapeuticsinApr 2026

HealthtechNew Orleans, US

Mark Heiman(Executive Officer)Dale Pfost(Executive Officer, Director, Promoter)

BoardDon Marvin(Director)Richard Montgomery(Director)Ross Barrett(Director)John Elstrott(Director, Promoter)

Co-investorsSofinnova VenturesDCVC (Data Collective)FemHealth VenturesPangaea Ventures

Mozaik

Easiest way to create corporate videos.

OroraTechororatech.comin𝕏

OroraTech operates a wildfire management platform that uses thermal infrared sensors on its own satellites (plus public satellites) in low Earth orbit and AI analytics to detect fires, map burnt areas, and predict fire spread in real time.

AI & Machine LearningClimate TechSpace Tech

Co-investorsEuropean Circular Bioeconomy FundKorysAnanda Impact Ventures

PartSpace

Simplifies the purchase of drawing-based components for the mechanical engineering and manufacturing industry.

Proxima Fusionproximafusion.cominAug 2026

Proxima develops stellarator fusion power plants designed to deliver clean, grid-ready electricity.

CleantechDeep TechEnergyMunich, DE

Dr. Francesco Sciortino(CEO and co-founder)Dr. Lucio Milanese(Co-founder and Chief External Affairs Officer)Dr. Jorrit Lion(Chief Scientist and co-founder)Martin Kubie(Chief Engineer and co-founder)inJonathan Schilling(Head of Labs and co-founder)in

Co-investorsBalderton CapitalBurda Principal InvestmentsCherry VenturesDeepTech & Climate FondsElaiaLeitmotif+8 more

Reflexreflexai.cominNov 2025

ReflexAI provides AI-powered simulations and quality assurance tools for clinical teams to practice patient interactions and ensure adherence to care standards.

AI & Machine LearningDigital HealthEnterprise SoftwareHealthtechSaaSSales Tech

Co-investorsCollaborative FundGreyMatterAlpine Space VenturesATX Venture PartnersHTGF

Reflexreflex.devin𝕏Nov 2025 · $58M

Reflex is a platform for building and deploying enterprise applications in Python, combining framework, infrastructure, and data connectivity in a single unified system.

AI & Machine LearningCloud ComputingData & InfrastructureDeveloper ToolsEnterprise SoftwareSaaSSector AgnosticSan Francisco, US

Nikhil Rao(Founder)inAlek Petuskey(Founder)in

Co-investorsLattice CapitalAbstract VenturesOutset CapitalPICUS CAPITALY CombinatorAlpine Space Ventures+2 more

Reflexworkreflex.comin𝕏Nov 2025

Reflex is an on-demand staffing platform that connects retailers with vetted, background-checked retail associates for shifts such as sales, cashier, inventory, and event roles.

Future of WorkMarketplacesRetail Tech

Mike Meyers(Founder)in

Co-investorsATX Venture PartnersCanaan PartnersRed Swan VenturesService Provider CapitalAlpine Space VenturesHTGF+2 more

Reflex Aerospacereflexaerospace.comin𝕏

Reflex Aerospace designs and assembles customizable satellite platforms for commercial and defence missions, offering optical Earth observation, synthetic aperture radar, and satellite communications solutions.

Defense TechHardwareSpace Tech

Co-investorsAlpine Space Ventures

Scomplerscompler.comin

Scompler is a platform for strategic communications planning that lets teams plan, produce, publish, and analyze content across channels using a theme-based architecture, workflows, social media integrations, and analytics.

Enterprise SoftwareMarketing TechSaaS

Co-investorsneosfer GmbHReimann Investors

sewtssewts.com

sewts develops robotics automation using Physical AI to handle tasks that are difficult to automate.

AI & Machine LearningDeep TechRobotics

Alexander Bley Bremer(Founder)inTill Rickert(Founder)inTim Doerks(Founder)in

Co-investorsEmerald Technology Ventures AgCNB CapitalEquityPitcher VenturesNabtesco Technology Ventures

Smart Reportingsmart-reporting.comin

Smart Reporting, operating as Jacobian, builds AI-powered structured reporting and workflow software for radiologists and diagnostic imaging teams, including its Fluency for Imaging speech recognition product.

AI & Machine LearningDigital HealthMedical Devices

Co-investorsWessel ManagementYabeo

Thermalthermal.travelApr 2026 · $13.5M

Thermal is a surf travel company that connects surfers with local guides and curated trips to over 20 destinations worldwide, offering access to premium surf experiences and cultural immersion.

B2B MarketplacesConsumerTravel & HospitalityMelbourne, AU

Glen Gaudion(CEO)

Co-investorsAlleyCorpAlley Robotics VenturesAxeleo CapitalOld College CapitalScottish Enterprise

Thermosomethermosome.com

Co-investorsOCCIDENT

THEVAtheva.com

THEVA develops and manufactures high-temperature superconductor tape (THEVA Pro-Line) that can carry far more current than copper with minimal power loss.

Deep TechEnergyNew Materials

Co-investorsEnBW New Ventures GmbH

Tidelytidely.comin

Tidely provides cloud-based liquidity and cash flow management software that connects to over 5,000 banks, ERP systems, and accounting tools to automatically aggregate financial data and give companies a real-time view of their liquidity.

Enterprise SoftwareFintechSaaS

Co-investorsTX Ventures

TRiCares GmbH and SAStricares.comin

TRiCares develops the Topaz Transfemoral Tricuspid Heart Valve Replacement (TTVR) System, a minimally invasive device for treating tricuspid regurgitation.

BiotechHardwareHealthtechMedical DevicesFrance, FR

Ahmed Elmouelhi(President & CEO)Esther Gerteis(Senior VP Medical & Regulatory Affairs)Michael Litzenburger(VP R&D)

Co-investorsEuropean Investment Bank415 CapitalAndera PartnersBioMedPartnersKarista

ubiMasterubimaster.deinApr 2025

ubiMaster provides on-demand tutoring and homework help via a mobile app, connecting students and young adults with qualified tutors for core academic subjects and financial literacy.

EdTechBerlin, DE

Co-investorsAuxxoOwl Ventures

Veactveact.comin

Veact provides data-driven lead management and marketing software for the automotive industry, helping car manufacturers (OEMs), national sales companies, and dealerships identify revenue opportunities and increase customer lifetime value.

Marketing TechMobility & TransportationSaaS

Co-investorsSeventure PartnersUVC PartnersSenovo

Exits · 1

IPOs and acquisitions across the tracked portfolio

ImmunicNASDAQ: IMUX

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Bayern Kapital made?
Bayern Kapital has 47 tracked investments, including 3 dated in the last 24 months.
What stage does Bayern Kapital invest at?
Bayern Kapital invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What is Bayern Kapital's typical check size?
Bayern Kapital typically writes checks of $275K – $55M.
What sectors does Bayern Kapital focus on?
Bayern Kapital focuses on Deep Tech, Sector Agnostic.
Where is Bayern Kapital located?
Bayern Kapital is headquartered in Landshut, DE.
Does Bayern Kapital lead rounds?
Yes, Bayern Kapital leads investment rounds.
Who does Bayern Kapital co-invest with?
Bayern Kapital most often shares deals with UVC Partners, XPRENEURS, Balderton Capital, among 74 tracked co-investors.

Images

Bayern Kapital photoBayern Kapital photoBayern Kapital photoBayern Kapital photoBayern Kapital photoBayern Kapital photo

Co-investors · 3

BioGeneration Ventures

BioGeneration Ventures is a venture capital firm that invests in early-stage biotech companies in Europe, with a focus on healthcare innovations.

Both backed · 1
Novartis Venture Fund

The Novartis Venture Fund invests in innovative life science companies, focusing on biotechnology and biopharmaceuticals at various stages of growth, aiming to drive patient benefit and generate returns.

Both backed · 1
$5M – $25M
Übermorgen Ventures

Übermorgen Ventures is a climate-focused venture capital firm that backs early-stage founders building technologies for a resilient, zero-carbon economy.

$330K – $1.1M

Firms observed investing alongside Bayern Kapital, from public investor directories. Shared companies are the overlap with Bayern Kapital's recorded portfolio.

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