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The Venture Codex

BayBG

Königinstraße 23, München, Bayern, 80539, Germany

Overview

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.

Total investments
24
Lead investments
5
Investments · 12mo
1
Active investors
8

Sector focus

  • Finance
  • Financial Services
  • Venture Capital
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Investment portfolio

  • SPiNE

    Led · Series A · Apr 2026

    SPiNE builds a middleware platform that serves as a central interface connecting energy suppliers, installers, grid operators, OEMs and HEMS systems to process energy data in real time and enable secure, grid-compliant control. The platform is intended to provide a scalable application layer and a network management system for monitoring and control of distributed assets. The company aims to have more than 20,000 households connected to its platform by 2027. SPiNE highlights a large market opportunity, citing an expectation of about 28 million Smart-Meter-Gateway installations in Germany by 2032, roughly 16 million with active control. The startup was founded in February 2024 by Ron Melz, Martin Stötzel and Thomas Müller and has just completed a €3 million Series A. The company is partnering with industry players through the DACH-wide Energy Launchpad initiative to accelerate deployment and scaling.

  • DcubeD

    Led · Series A · Aug 2024

    Dcubed, based in Munich, develops durable and affordable release actuators, solar arrays, and deployables for space missions using patented shape‑memory technology and proprietary origami structures. Its products are designed to be superior in cost, mass, volume, reliability, durability, and reusability, and the company serves a global customer base in over twenty countries. Dcubed closed a €4.4M Series A that was oversubscribed by 26%, attracting eight investors from France, Sweden, Germany and the U.S., led by Expansion and BayBG with participation from HTGF, Aurelia Foundry, Ventis, Rymdkapital and Decisive Point Europe. The new capital will be used to quadruple production of satellite actuators to meet demand tied to an anticipated 100,000 satellite launches and to scale its operations. Dcubed plans to pioneer in‑space manufacturing, including a 2025 demonstration to 3D‑print a high‑performance satellite solar array in free space supported by a €9.5M European Innovation Council contribution. The company will also expand its U.S. footprint with a new office in Westminster, Colorado, led by Andria Fortier, to grow U.S. operations and strategic relationships.

  • StoryBox

    Participated · Series A · Jun 2024

    StoryBox offers a KI-based platform that enables businesses and their employees to create videos for HR, communications and social media. The company combines technology and human relationships to empower video production across organizations. StoryBox serves enterprise customers including Allianz, Evonik, RWE and Telekom. The company was founded by Ben Rodrian (CEO) and Rusmin Causevic (CTO). StoryBox plans to use the new funding to further develop the platform, expand existing business areas and move into new areas. The offering targets internal and external corporate communications needs using AI-driven tools. Founded in 2017, StoryBox provides a Software-as-a-Service solution for businesses to create, share and structure video content so it becomes searchable. The platform lets companies produce and organize smartphone-based videos using templates; the app suggests picture settings and scene lengths and offers automated creation that applies corporate design. Content is stored in a DSGVO-compliant StoryBox cloud and can be accessed, filtered and analyzed from anywhere. The system is designed for any application scenario and allows videos to be created and shared by every employee. Customers include Iveco, Erste Group, Evonik, Alten and KTM. The company raised funding to further expand its team and develop the solution.

  • ChargeOne

    Led · Equity · Jun 2023

    ChargeOne is a Munich-based offshoot of the building-technology firm Claus Heinemann Elektroanlagen that concentrates on electric-vehicle charging infrastructure for business clients. The company offers a broad spectrum of services, including planning, installation, operation and billing of charging stations, enabling customers to choose between outright purchase and subscription-style Charging as a Service contracts. This integrated approach positions ChargeOne as a one-stop provider for fleet operators, property owners and other commercial users. Looking ahead, the team has set an ambitious goal of becoming one of Germany’s leading charge-point operators by 2030. To achieve that, ChargeOne targets the deployment of 150,000 installed charging points within the next seven years. The newly secured capital will support network expansion and the enhancement of its service portfolio. No revenue or user figures were disclosed in the article.

  • 4.screen

    Participated · Series A · Apr 2023

    Founded in 2020, 4screen has built what it calls the world’s first Driver Interaction Platform, seamlessly embedding branded content into in-car infotainment systems. Its suite includes Branded and Co-Branded Pins, Sponsored In-Car Search, context-aware Recommendations, and Detail Screens that surface promotions when drivers most need them (e.g., low fuel or battery). The technology now works across 16 automotive marques such as Mercedes-Benz, Audi, Volkswagen, Toyota, Hyundai, Kia and Stellantis, and is commercially live in 12 markets throughout Europe and the United States. Early case studies show strong engagement: Shell recorded an 82% jump in navigations to promoted stations and a 68% lift in sponsored search clicks. 4screen estimates its total addressable market for driver interactions will reach $110 billion by 2030. The company has secured more than $40 million in funding to date, backed by notable automotive and advertising executives. With fresh capital, management plans to accelerate U.S. expansion, deepen OEM partnerships, and enhance its data and product capabilities.

Team