About Bayern Kapital
Bayern Kapital is a venture capital firm founded in 1995. It is primarily based out of Landshut, Germany. As of Jun 2025, Bayern Kapital is an active investor, having invested in 175 companies, with 16 new investments in the last 12 months. It primarily invests in Seed round in Germany based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Life Sciences. Most recently it led the $67M Series B round of Marvel Fusion along with Tengelmann Ventures. This round also saw participation from HV Capital and other investors.
Overall, Bayern Kapital portfolio has seen 1 unicorn, 3 IPOs and 33 acquisitions including key companies like ProGlove, EGYM and Commercetools. A lot of funds co-invest with Bayern Kapital, with names like HTGF sharing a substantial percentage of its portfolio.
Bayern Kapital has team of 42 people including 4 partners.
Key Metrics
Team Members
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Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A &
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
Bayern Kapital's List of Top Investments
Bayern Kapital has a portfolio of 175 companies, one of which is a Unicorn. Their most notable investments are in Goodly Innovations and SchlagerPlanet.Their portfolio spans across Germany, United States, United KingdomÌý²¹²Ô»å 4 more locations. They have invested in Enterprise Applications, High Tech, Life SciencesÌý²¹²Ô»å 30 other sectors, across stages such as Seed, Series A Ìý²¹²Ô»å 7 more. Here is the list of top investments by Bayern Kapital:1. ³Ù²¹»å´Ç°
Provider of an IoT & SaaS-driven building energy management solution. Provides solutions for smart AC thermostats. Offers IR devices that can control AC from a remote control. The product catalog includes a smart thermostat, smart radiator thermostat, smart AC control, and wireless temperature sensor as an add on to their proprietary products.
Key facts about ³Ù²¹»å´Ç°
- Founded Year: 2011
- Location: Munich (Germany)
- Annual Revenue: €661K as on Dec 31, 2023
- Valuation: $514M as on Jan 17, 2022
- Stage: Series E
- Total Funding till date: $245M
- Employee Count: 201 as on Dec 31, 2023
- Investors: European Investment Bank, Next47 and 27 Others
- Latest Funding Round: Series E, Mar 18, 2025, $32.7M
- Highlight: Editors' Pick
Provider of multicopters for aerial survey and 3D reconstruction. Products include an octa-copter, fixed wings drones, a sensors box, and a ground control system. It is applicable for crop monitoring, 3D mapping, land surveying, and industrial inspection.
Key facts about Quantum-Systems
- Founded Year: 2014
- Location: Munich (Germany)
- Stage: Series C
- Total Funding till date: $409M
- Employee Count: 66 as on Dec 31, 2020
- Investors: Omnes Capital, European Investment Bank and 25 Others
- Latest Funding Round: Series C, May 06, 2025
- Highlight: Editors' Pick
3. ProGlove
Manufacturer of a wearable and wireless barcode scanner. It connects industrial workers with the Internet of Things and provides management tools to supply the required data. Some of the features include support of 1D and 2D barcodes, real-time user feedback, a longer battery life, and a longer scanning range and radio range. The device can be integrated into standard hand gloves in three ways namely on the side of the index finger, in the palm of the hand by middle or ring finger, and between thumb and forefinger. Use cases are in the areas of picking, assembly, staging, and packing. The target industry verticals include aviation, automotive, manufacturing, retail, logistics, among others.
Key facts about ProGlove
- Founded Year: 2014
- Location: Munich (Germany)
- Stage: Acquired
- Total Funding till date: $49.1M
- Employee Count: 192 as on Dec 31, 2020
- Investors: Summit Partners, Intel and 8 Others
- Latest Funding Round: Series C, Sep 09, 2019, $40M
- Highlight: Acquired
4. EGYM
Provider of smart exercising equipment and mobile-based app for trainers and individuals. The platform offers different types of exercising equipment for the users. Also, it offers an app for fitness trainers to manage their clients. Users can also access the different workout programs offered by fitness experts.
Key facts about EGYM
- Founded Year: 2010
- Location: Munich (Germany)
- Annual Revenue: £2.14M as on Dec 31, 2022
- Valuation: $1B as on Sep 25, 2024
- Stage: Series G
- Total Funding till date: $580M
- Employee Count: 265 as on Dec 31, 2020
- Investors: Meritech, Kreos Capital and 23 Others
- Latest Funding Round: Series G, Sep 25, 2024, $200M
- Highlight: Editors' Pick
Provider of e-commerce software suite solutions to businesses. It provides solutions including customer management, inventory management, products, order management, and more. It also offers solutions for mobile commerce, chatbots, marketplace, and social commerce. It caters to industries including fashion and lifestyle, grocery, retail, telecommunication, and transportation.
Key facts about Commercetools
- Founded Year: 2006
- Location: Munich (Germany)
- Last Known Valuation: $1.9B as on Sep 13, 2021
- Stage: Acquired
- Total Funding till date: $291M
- Employee Count: 70 as on Dec 31, 2019
- Investors: Accel, Insight Partners and 9 Others
- Latest Funding Round: Series C, Sep 13, 2021, $140M
- Highlight: Acquired
Bayern Kapital's Year-on-Year Investment Trends
Bayern Kapital has invested in 175 companies over the last 25 years, with an average of 10 new investments annually in the last 10 years. In 2024, it made 23 investments, while as of Jun 2025, it has made 6 investments in this year. Its most recent first time investment was in Vantis and most recent follow-on round was in Proxima Fusion.
Year | No. of Investments | ||
|---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 3 | 3 | 6 |
2024 | 18 | 5 | 23 |
2023 | 19 | 9 | 28 |
2022 | 10 | 10 | 20 |
2021 | 7 | 5 | 12 |
2020 | 10 | 8 | 18 |
2019 | 8 | 3 | 11 |
2018 | 7 | 6 | 13 |
2017 | 5 | 9 | 14 |
2016 | 12 | 9 | 21 |
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Bayern Kapital's Investments by Stage
Bayern Kapital has made 85 investments in Seed stage with an average round size of $2.62M, 44 investments in Series A stage with an average round size of $15.8M and 15 investments in Series B stage with an average round size of $24M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
|---|---|
Seed | 85 |
Series A | 44 |
Series B | 15 |
Series C | 7 |
Unattributed | 2 |
Others | 4 |
Bayern Kapital's Investments by Sector
Bayern Kapital has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Life Sciences, Vertical SaaS and HealthTech. Notably, it has invested in 146 Tech companies, 133 Enterprise (B2B) companies, 68 Software companies and at least 44 companies focusing on Saas.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
|---|---|
Enterprise Applications | 62 |
High Tech | 53 |
Life Sciences | 40 |
Vertical SaaS | 22 |
HealthTech | 19 |
Others | 182 |
Bayern Kapital's Investments by Geography
Bayern Kapital has made most investments in Germany (147), followed by United States where it has made 3 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
|---|---|
Germany | 147 |
United States | 3 |
United Kingdom | 2 |
Austria | 1 |
Finland | 1 |
Others | 2 |
Bayern Kapital's recent investments
Here are the most recent investments by Bayern Kapital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 11, 2025 | Germany | Series A | $148M | [+13] | |
May 15, 2025 | Germany | Series B | $41.4M | [+3] | |
Mar 27, 2025 | Germany | Series B | €50²Ñ | EQT Ventures [+3] | |
Mar 12, 2025 | Germany | Series A | $10.9M | Angelini Ventures [+3] | |
Feb 27, 2025 | Germany | Seed | $3.78M | LUMO Labs [+3] |
Get the detailed list of all investments by Bayern Kapital. Download now!Unicorns in Bayern Kapital's Portfolio
Here is a list of unicorns in Bayern Kapital's portfolio:
ÃØÃÜÑо¿Ëù Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
65 | Provider of smart exercising equipment and mobile-based app for trainers and individuals | 2010 | Munich | Series G | qkz{jrp |
IPOs and Publicly Listed companies in Bayern Kapital's Portfolio
Here are Bayern Kapital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 30, 2015 | - | - | - | |
Oct 27, 2014 | - | - | - | |
Apr 17, 2014 | Sep 27, 2016 | Post IPO | $19.7M |
Acquired companies in Bayern Kapital's Portfolio
Here are Bayern Kapital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 18, 2025 | - | - | - | |
Oct 02, 2024 | Dec 19, 2012 | Seed | Undisclosed | |
Jul 15, 2024 | Apr 13, 2021 | Series A | $2.38M | |
Jul 04, 2023 | - | - | - | |
May 03, 2023 | Jun 13, 2022 | Seed | Undisclosed |
Team profile of Bayern Kapital
Bayern Kapital has a team of 42 membersÌýincluding 4 Partners and 1 PrincipalÌýlocated in Germany. Bayern Kapital's team sits on the board of 1 company.Here is a list of top team members in Bayern Kapital:
Name | Designation | Location | Board Memberships | Contact details |
|---|---|---|---|---|
Partner | Landshut | - | ||
Partner | - | - | - | |
Partner | Landshut | - | , | |
Partner | Munich | - | ||
Principal | Munich | - | ||
Advisor | Germany | - | - | |
Associate | Munich | - | , | |
Associate | Landshut | - | , | |
Associate | Landshut | - | ||
Associate | Landshut | - | , | |
Associate | Munich | - | , |
Get the full list of Bayern Kapital's team & partners for free. Download now!Co-investors of Bayern Kapital
Over the past 25 years, 661 investors have co-invested in Bayern Kapital's portfolio companies.
- Invested before Bayern Kapital:Ìý, ESA BIC Bavaria & Northern Germany and 207 others have invested in rounds before Bayern Kapital. There are 14 companies where European Union has invested before Bayern Kapital and 8 companies where ESA BIC Bavaria & Northern Germany has invested before Bayern Kapital.
- Top Co-investors of Bayern Kapital:Ìý252 investors entered a company along with Bayern Kapital. These include investors like HTGF (61 companies).
- Invested after Bayern Kapital:ÌýA total of 200 investors have invested in Bayern Kapital's portfolio after their investments. Top Investors include (8 companies), European Investment Bank (6 companies) and BayBG (6 companies).
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Recent News related to Bayern Kapital
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Venture Capital magazine•Apr 29, 2025•, Bayern Kapital
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