BACKING BAVARIA'S
BEST STARTUPS


Realiable. Long-term. Flexible.

Innovative post-revenue startups with first customers trust us as highly reliable investors. We have been an active player in the venture capital market for over 25 years. Due to our evergreen approach, we offer institutional venture capital without the limitations of the usual fund structure.


Predominantly we invest straight equity. Additionally, we can offer venture debt to mature startups close to break-even in order to avoid further dilution for founders.

Being a private investment company we act as both lead investor or co-investor. We can also fulfill the private lead investor role for public investors like Bayern Kapital.

Together we are increasing YOUR company’s value.

baybg_headquarter_neon

Our KPIs

200+ Mio. Euro

Invested Capital

80+

startups funded

8

IPOS

Our portfolio

Whether industrial companies, tech firms or service providers – our references demonstrate Bavaria's diversity and strength. Take a look at selected companies with whom we are shaping the future together.

AMW GmbH
AMW
AMW GmbH

Founded: 2008

Invested: 2014

EcoG GmbH
eco g
EcoG GmbH

Founded: 2017

Invested: 2022

How we invest

pre series A to series B

stages

up to 10 Mio. EUR

initial investment

focus on bavarian startups

geography

Our support

strong network

We give you access to the support network we have developed over decades. This includes numerous startups, VCs, family offices, business angels, consultants, banks, our shareholders, and the public sector.

extensive experience

Our team of highly experienced investment professionals supports you as advisors and sparring partners based on practical experiences from over 60 startup investments with all their highs and lows.

part of BayBG

We can help you leverage the longstanding expertise and network of one of the most renowned midcap investment companies. BayBG has a 50-year record of success and a portfolio of numerous active companies. www.baybg.de

Succesful exits

We accompany companies from a wide range of industries on their journey. With capital,
expertise and a strong network.

Dracoon GmbH
dracoon_500x500px_BayBG
Dracoon GmbH

Founded 2008 Invested 2013

sold to kiteworks (USA) 2023

IDnow GmbH
IDnow_500x500px_BayBG
IDnow GmbH

Founded 2014 Invested 2015

Secondary to Corsair Capital

NFON
NFON_500x500px_BayBG
NFON

Founded 2007 Invested 2009

IPO 2018

ACTIVAERO
Activaero500x500px_BayBG
ACTIVAERO

Founded: 1998 Invested: 2005

Sold to vectura group (UK) 2014

CAS innovations
CAS_500x500px_BayBG
CAS innovations

Founded 2001 Invested 2003

sold to Siemens (DE) 2008

Our team

team-lukas-biberacher-17

Lukas Biberacher

Senior Investment Manager

Venture Capital

BayBG_Veronika-von-Dehn-11435

Veronika von Dehn

Investment Manager

Venture Capital

Dr_Alois_Ganter

Dr. Alois Ganter

Investment Manager

Venture Capital

BayBG_Marcus-Gulder-11775

Dr. Marcus Gulder

Head of Venture Capital

Venture Capital

BayBG_Andreas-Heubl-11666

Andreas Heubl

Senior Investment Manager

Venture Capital

BayBG_Margit-Kammerer-11829

Margit Kammerer

Team Assistant

Venture Capital

team-alexander-ullmann-46

Alexander Ullmann

Senior Investment Manager

Venture Capital

Read some news

Stay informed about the latest developments at BayBG Venture Capital. Here you will find the latest news and press releases.

BayBG Venture Capital provides growth financing for HealthTech platform AlfaDocs

01. Oktober 2025

We’re proud to continue our partnership with AlfaDocs – the patient-first cloud platform transforming the digitalization of medical and dental practices in Europe.

Read more

Joint Kick-off by BayBG Venture Capital, Cipio Partners, VC Magazin, and WIPIT

11. Januar 2025

The Munich VC scene came together once again for the traditional Venture Capital Kick-off hosted at BayBG. More than 200 startups, investors, and key players gathered for this collaborative event organized by BayBG, Cipio Partners, VC Magazin, and the law firm WIPIT.

Read more

Dcubed secures over-subscribed Series A round investment

05. August 2024

Dcubed secures over-subscribed Series A round investment – to scale production, pioneer in-space manufacturing, and extend U.S. footprint

Read more

Get in touch

As an investor, we provide more than just financial backing; we offer strategic partnerships, industry expertise, and a robust network to assist startups in their growth, scaling, and market expansion endeavors.


If you feel addressed and are looking for a partner to realize your vision, do not hesitate to contact us.


Follow us on:

turnaround_1-768x576

Our shareholders

BayBG Venture Capital is supported by a broad group of shareholders to ensure its independence. Our shareholders include well-known banks, insurance companies and businesses from Bavaria, which together create a stable foundation for our investments. This broad base ensures reliability, regional roots and long-term support for Bavarian SMEs.

Unicredit_logo
Deutsche Bank logo with blue text and a blue diagonal slash in a square on a white background.
Commerzbank logo featuring the name in black text and a yellow hexagonal symbol on a white background.
VKBayern_logosvg
Logo of DZ Bank with blue text and an orange-blue emblem, accompanied by the slogan "Die Initiativbank" on a white background.
sparkassenverband-bayern
bayerischegarantiegesellschaft
Donner_&_Reuschel_logosvg
merckfinck
Bayernlb-logo
Flessabank_Logo_interlaced
Logo_IHK_München_und_Oberbayernsvg
LfA_Förderbank_Bayern_logo
HBE_Handelsverband_RGB-e514823b293f59dga5ccd20f09add6b5@2x
lgad_logo_hoch_rgb
Logo of Bayerischer Handwerkstag featuring a geometric blue and gray design next to the organization's name in blue text.
VHK-Logo-Holzwirtschaft-b
Dehoga_Bayern
hwt
Vbw_DbW_RGB
csm_BIV-Logo_final_color_RGB_9fd984b943
allgemein_raiffeisen_oo__logo_pos_RGB_master
Logo_Verband_der_Chemischen_Industrie_e_V
kvi_logo_ohne