# Bayern Kapital: portfolio, investments and team > Bayern Kapital is a government based in Germany. 173 investments on record, 23 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/bayern-kapital (Millionrounds; every figure on the page links to its filing or article) Germany · [Investor](https://millionrounds.com/investors) # Bayern Kapital Last cheque observed Oct 2026; 173 cheques on record. Email Deploying now Government Pre-seed Seed Series A High-tech Deeptech Life Sciences Follow Bayern Kapital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fbayern-kapital) Deploying now **68%** of best year **23** **cheques in 12 months**, 173 on record Since the last cheque **16** days **00** hrs **00** min **00** sec Median round **$7.1M** Cheque size, as they say **$250K – $5.0M** Rounds led **0 of 173** Sole investor **36 rounds** Exits **7 from the portfolio** Mostly in **Germany, 93%** Pitch Bayern Kapital ## Bayern Kapital highlights - 01 23 cheques in the last 12 months - 02 Mostly Venture and Seed: 58% of its rounds - 03 Sole investor in 36 rounds, median $3.5M - 04 7 exits from the portfolio ## What they do > Wir sind einer der aktivsten, erfahrensten und kapitalstärksten Venture Capital Investoren für innovative bayerische Startups und Scaleups. From their own website - **Type:** Government (from a list, unverified) - **Cheque size:** $250K – $5.0M as they say - **Stages:** Pre-seed Seed Series A Series B Growth Pre-IPO - **Sectors:** High-tech Deeptech Life Sciences - **Based in:** Landshut, Germany - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **173 appearances** - **2026** 20 rounds - **Oct** **[Elevatry](https://millionrounds.com/company/elevatry)** Pre-seed · DE · The SaaS News **$3.4M** With 7 others - **Oct** **[Finches GmbH](https://millionrounds.com/company/finches-gmbh)** Pre-seed · DE · HTGF High-Tech Gründerfonds **$2.2M** With 3 others - **Sept** **[Arcos](https://millionrounds.com/company/arcos)** Seed · DE · EU-Startups **$6.3M** With 5 others - **Sept** **[HyImpulse Technologies](https://millionrounds.com/company/hyimpulse-technologies)** Series A · DE · Ventureburn **$58M** With 6 others - **Jul** **[QuantumDiamonds](https://millionrounds.com/company/quantumdiamonds)** Series A · DE · TechCrunch **$17M** With 9 others - **Jul** **[Vantis Vascular](https://millionrounds.com/company/vantis-vascular)** Venture · US **$19M** Sole investor - **Jun** **[encosa](https://millionrounds.com/company/encosa)** Seed · DE · Realyze Ventures **$29M** With 6 others - **Jun** **[smartbax](https://millionrounds.com/company/smartbax)** Venture · DE **Undisclosed** With 1 other - **Jun** **[Maple Aviation](https://millionrounds.com/company/maple-aviation)** Seed · DE **$4.6M** Sole investor - **May** **[NanoStruct](https://millionrounds.com/company/nanostruct)** Seed · DE · Silicon Canals **$3.1M** With 2 others - **May** **[mbiomics GmbH](https://millionrounds.com/company/mbiomics-gmbh)** Series A · DE · Ventureburn **$35M** With 1 other - **Apr** **[SPiNE](https://millionrounds.com/company/spine)** Seed · DE **$3.5M** Sole investor - **Apr** **[Exergy3](https://millionrounds.com/company/exergy3)** Seed · GB · Firms' own news pages **$14M** With 6 others - **Apr** **[XO Life](https://millionrounds.com/company/xo-life)** Venture · DE **$4.7M** Sole investor - **Mar** **[Nature Robots](https://millionrounds.com/company/nature-robots)** Seed · DE **$4.6M** With 1 other - **Mar** **[Neuramancer](https://millionrounds.com/company/neuramancer)** Pre-seed · DE **$2.0M** Sole investor - **Feb** **[Secfix](https://millionrounds.com/company/secfix)** Series A · DE · Ventureburn **$12M** With 2 others - **Feb** **[Driveblocks](https://millionrounds.com/company/driveblocks)** Seed · DE **$4.2M** Sole investor - **Jan** **[Twogee Biotech](https://millionrounds.com/company/twogee-biotech)** Seed · DE **$2.6M** Sole investor - **Jan** **[AVES Reality](https://millionrounds.com/company/aves-reality)** Seed · DE **$3.1M** With 1 other - **2025** 27 rounds - **Dec** **[T-CURX](https://millionrounds.com/company/t-curx)** Series A · DE **$20M** With 1 other - **Dec** **[Amplifold](https://millionrounds.com/company/amplifold)** Seed · DE **$5.8M** With 2 others - **Nov** **[EcoG](https://millionrounds.com/company/ecog)** Series B · DE **$19M** With 2 others - **Oct** **[smartbax](https://millionrounds.com/company/smartbax)** Seed · DE **$5.5M** With 1 other - **Oct** **[PartSpace](https://millionrounds.com/company/partspace)** Series A · DE **$15M** Sole investor - **Sept** **[FERNRIDE](https://millionrounds.com/company/fernride)** Series A · DE **$21M** With 5 others - **Jul** **[Nuclidium](https://millionrounds.com/company/nuclidium)** Series B · CH · DTCF DeepTech & Climate Fonds **$99M** With 11 others - **Jul** **[36ZERO Vision](https://millionrounds.com/company/36zero-vision)** Venture · DE **$4.2M** With 1 other - **Jul** **[Filics](https://millionrounds.com/company/filics)** Series A · DE **$16M** With 3 others - **Jul** **[Hololight](https://millionrounds.com/company/hololight)** Venture · DE **$12M** With 1 other - **Jul** **[Ebenbuild](https://millionrounds.com/company/ebenbuild)** Grant · DE **$2.7M** With 1 other - **Jul** **[4.screen](https://millionrounds.com/company/4-screen)** Series B · DE **$21M** With 1 other - **Jul** **[abaut](https://millionrounds.com/company/abaut)** Venture · DE **$3.8M** Sole investor - **Jun** **[Proxima Fusion](https://millionrounds.com/company/proxima-fusion)** Series A · DE · DTCF DeepTech & Climate Fonds **$150M** With 12 others - **Jun** **[Isar Aerospace](https://millionrounds.com/company/isar-aerospace)** DE **$175M** With 4 others - **Jun** **[DRIMCo](https://millionrounds.com/company/drimco)** Seed · DE **$5.0M** With 1 other - **Jun** **[Symphera](https://millionrounds.com/company/symphera)** Grant · DE **$2.9M** With 1 other - **Jun** **[Caire](https://millionrounds.com/company/caire)** Venture · DE **Undisclosed** Sole investor - **Jun** **[traplinked](https://millionrounds.com/company/traplinked)** Seed · DE **$2.1M** Sole investor - **May** **[AlfaDocs](https://millionrounds.com/company/alfadocs)** Venture · DE **Undisclosed** Sole investor An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team We hold **23** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **2+** funds on file numbered funds in its name ## Exits from the portfolio Companies it backed that were later bought or listed **7 in all** **[SuppreMol](https://millionrounds.com/company/suppremol)** Bought by Baxter International **Undisclosed** Mar 2015 **[commercetools](https://millionrounds.com/company/commercetools)** Bought by [Rewe Group](https://millionrounds.com/fund/rewe-group) **Undisclosed** Sept 2014 **[FTAPI Software GmbH](https://millionrounds.com/company/ftapi-software-gmbh)** Bought by QSC AG **Undisclosed** Feb 2014 **[Corimmun](https://millionrounds.com/company/corimmun)** Bought by Janssen, Pharmaceutical Company Of Johnson & Johnson **Undisclosed** Jun 2012 **[Nanda Technologies](https://millionrounds.com/company/nanda-technologies)** Bought by Nanometrics **Undisclosed** Nov 2011 **[Art of Defence](https://millionrounds.com/company/art-of-defence)** Bought by Zeus **Undisclosed** Jun 2011 **[Vanatec](https://millionrounds.com/company/vanatec)** Bought by Telerik **Undisclosed** Oct 2008 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Pre-seed Seed Series A Median round joined **$7.1M** the round, not its cheque Alone, median **$3.5M** Led 0 of 173 rounds **0%** - **Said size:** $250K – $5.0M - **Sole investor:** 36 rounds - **Last cheque:** Oct 2026 - **Exits:** 7 from the portfolio Rounds by stage said on their site - Venture *47* - Seed said *40* - Series A said *35* - Series B said *19* - Pre-seed said *9* - Growth said *-* - Pre-IPO said *-* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [High-Tech Gründerfonds](https://millionrounds.com/fund/high-tech-grunderfonds) 33 - [High-Tech Gruenderfonds](https://millionrounds.com/fund/high-tech-gruenderfonds) 19 - [KfW](https://millionrounds.com/fund/kfw) 10 - [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) 8 - [HTGF High-Tech Gründerfonds](https://millionrounds.com/fund/high-tech-grunderfonds-htgf) 8 - [UVC Partners](https://millionrounds.com/fund/uvc-partners) 6 **Pitching Bayern Kapital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Bayern Kapital. A count of rooms they were both in, not a relationship either has claimed. [**High-Tech Gründerfonds** VC firm **33** rounds together](https://millionrounds.com/fund/high-tech-grunderfonds)[**High-Tech Gruenderfonds** VC firm **19** rounds together](https://millionrounds.com/fund/high-tech-gruenderfonds)[**KfW** Government **10** rounds together](https://millionrounds.com/fund/kfw)[**EIC Accelerator** Government **8** rounds together](https://millionrounds.com/fund/eic-accelerator)[**HTGF High-Tech Gründerfonds** VC firm **8** rounds together](https://millionrounds.com/fund/high-tech-grunderfonds-htgf)[**UVC Partners** VC firm **6** rounds together](https://millionrounds.com/fund/uvc-partners)[**BayBG** VC firm **5** rounds together](https://millionrounds.com/fund/baybg)[**European Investment Bank** Government **5** rounds together](https://millionrounds.com/fund/european-investment-bank)[**KfW Bankengruppe** Investment firm **5** rounds together](https://millionrounds.com/fund/kfw-bankengruppe)[**Creathor Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/creathor-ventures)[**LBBW Venture Capital** VC firm **4** rounds together](https://millionrounds.com/fund/lbbw-venture-capital)[**UnternehmerTUM** Incubator **4** rounds together](https://millionrounds.com/fund/unternehmertum) ## Recently backed The latest companies Bayern Kapital put money into. [**Arcos** $6.3M · Sept 2026](https://millionrounds.com/company/arcos)[**QuantumDiamonds** $17M · Jul 2026](https://millionrounds.com/company/quantumdiamonds)[**Vantis Vascular** $19M · Jul 2026](https://millionrounds.com/company/vantis-vascular)[**smartbax** Jun 2026](https://millionrounds.com/company/smartbax)[**Maple Aviation** $4.6M · Jun 2026](https://millionrounds.com/company/maple-aviation)[**mbiomics GmbH** $35M · May 2026](https://millionrounds.com/company/mbiomics-gmbh) ## Quick answers about Bayern Kapital ### What does Bayern Kapital invest in? Bayern Kapital invests most often at Venture and Seed (58% of the rounds on record), in sectors such as High-tech, Deeptech and Life Sciences. ### How active is Bayern Kapital? 173 investments on record, 23 of them in the last 12 months. The most recent was in Oct 2026. ### What has Bayern Kapital invested in recently? Its most recent investments on record: Elevatry (Pre-seed, Oct 2026), Finches GmbH (Pre-seed, Oct 2026) and Arcos (Seed, Sept 2026). ### How big are Bayern Kapital's cheques? The median round it joins is $7.1M. It says it writes cheques of $250K to $5.0M. ### Does Bayern Kapital lead rounds? Rarely, if at all: none of its 173 investments on record names it as the lead. ### Where does Bayern Kapital invest? Most of the companies it backs are in Germany (93%). ### Is Bayern Kapital investing now? Yes: it is actively investing, with 23 investments in the last 12 months. ### Who does Bayern Kapital invest alongside? Most often High-Tech Gründerfonds (33 rounds together), High-Tech Gruenderfonds (19 rounds together) and KfW (10 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. 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