Welcome at Bayern Kapital
Bayern Kapital GmbH is a public Bavarian venture capital company and was founded as part of the "Bavarian Future Initiative" as a wholly-owned subsidiary of the LfA Foerderbank Bayern (Bavaria's development bank) at the end of 1995.
The objective of Bayern Kapital is to finance research and development and market launch of new products. In this effort Bayern Kapital usually acts as co-investor in cooperation with a private lead investor. The "Bayern Kapital model" is unique in Germany. Bayern Kapital has now developed into an essential location factor and driver of private financing in Bavaria.
To ensure continued implementation of innovation and growth in future, Bayern Kapital joined forces with the LfA Foerderbank and tbg-Technologie-Beteiligungs-Gesellschaft mbH (now KfW – a bank sponsored by the German government), to create Seedfonds Bayern in 2003 with a volume of 22 million Euro for financing startups in the medical technology, environmental technology and information / communication / software sectors. The investments are up to 250k Euro per company or in cooperation model with the federal HTGF (High Tech Gründerfonds) up to 600k Euro, usually in form of a combination of equity and subordinated loan or a silent partnership. In 2010 the Clusterfonds Seed GmbH & Co. KG was founded with a volume of 24 Mio. Euro to continue this seed-investment activities.
Clusterfonds Start-Up! founded in 2008 with an amount of 20 million Euro, finances start-up companies in the second 12 months (still seed phase). A financial contribution from the founders in the amount of 100k Euro is needed. The fund is investing up to 500k Euro per company typically in form of a combination of equity and subordinated loan or a silent partnership.
Clusterfonds Innovation and Clusterfonds EFRE Bayern are to facilitate access to venture capital for emerging Bavarian firms planning, developing and launching new products. In cooperation with a lead investor Clusterfonds Innovation invests up to 2 million Euro per company in form of equity or silent partnership or a combination of both.
Overall, Bayern Kapital now manages a fund volume of 200 million Euro. Bayern Kapital invests principally in small and mid-sized companies with a strong growth potential in key industrial technologies. The investments are mainly concentrated in the information technology, measuring and control equipment, medical technology and pharmaceutical industries.