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The Venture Codex

Overview

Financing research, development, and market launch for Bavarian companies.

Founded

1995

Deals · 12mo

32

Stage focus

Seed
Series A

Geographic focus

Germany

Sector focus

Business Development
Financial Services
Venture Capital

Investment portfolio

137rounds
NAMEDATESIZE
Finches
Oct 2026Participated
$2 MSeed
Arcos
Sep 2026Participated
$6 MSeed
HyImpulse Technologies GmbH
Sep 2026Participated
$58 MSeries A
Subra
Jul 2026Led
$11 MSeries A
Quantum Diamonds
Jul 2026Participated
$104 MSeries A
Proxima Fusion
Jul 2026Participated
$470 MSeries A
smartbax
Jul 2026Participated
$2 MSeries A
Maple Aviation
Jun 2026Participated
$5 MSeed
encosa
Jun 2026Participated
$29 MSeed
NUCLIDIUM
May 2026Participated
$33 MSeries B
NanoStructures
May 2026Participated
$3 MOther Equity
NanoStruct
May 2026Led
$3 MSeed
Finches
Oct 2026Participated
$2 MSeed
Arcos
Sep 2026Participated
$6 MSeed
HyImpulse Technologies GmbH
Sep 2026Participated
$58 MSeries A
Subra
Jul 2026Led
$11 MSeries A
Quantum Diamonds
Jul 2026Participated
$104 MSeries A
Proxima Fusion
Jul 2026Participated
$470 MSeries A
smartbax
Jul 2026Participated
$2 MSeries A
Maple Aviation
Jun 2026Participated
$5 MSeed
encosa
Jun 2026Participated
$29 MSeed
NUCLIDIUM
May 2026Participated
$33 MSeries B
NanoStructures
May 2026Participated
$3 MOther Equity
NanoStruct
May 2026Led
$3 MSeed
137
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Deal Distribution

Bayern Kapital: 137 funding rounds are recorded in the selected participation categories.All available history.
Bayern Kapital: 137 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed418
Series A537
Series B216
Series C+19
Other Equity1134

Monthly Deal Activity

Bayern Kapital: 137 deals are recorded across 198 months.All available history.
Bayern Kapital: 137 deals are recorded across 198 months. All available history
MonthDeals
May '101
Jun '101
Jul '101
Aug '101
Sep '100
Oct '100
Nov '100
Dec '101
Jan '110
Feb '110
Mar '110
Apr '110
May '112
Jun '110
Jul '110
Aug '110
Sep '110
Oct '111
Nov '110
Dec '112
Jan '120
Feb '120
Mar '120
Apr '120
May '120
Jun '120
Jul '120
Aug '120
Sep '120
Oct '120
Nov '120
Dec '120
Jan '130
Feb '130
Mar '130
Apr '131
May '130
Jun '130
Jul '130
Aug '130
Sep '130
Oct '130
Nov '130
Dec '130
Jan '141
Feb '140
Mar '140
Apr '140
May '140
Jun '140
Jul '141
Aug '140
Sep '140
Oct '140
Nov '141
Dec '140
Jan '150
Feb '150
Mar '151
Apr '150
May '150
Jun '150
Jul '150
Aug '150
Sep '150
Oct '150
Nov '150
Dec '150
Jan '161
Feb '161
Mar '160
Apr '161
May '161
Jun '161
Jul '160
Aug '161
Sep '161
Oct '160
Nov '161
Dec '160
Jan '170
Feb '170
Mar '173
Apr '171
May '170
Jun '171
Jul '171
Aug '170
Sep '171
Oct '170
Nov '171
Dec '170
Jan '180
Feb '180
Mar '181
Apr '180
May '180
Jun '181
Jul '180
Aug '180
Sep '180
Oct '180
Nov '181
Dec '181
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '191
Aug '190
Sep '191
Oct '191
Nov '190
Dec '190
Jan '202
Feb '200
Mar '201
Apr '200
May '200
Jun '200
Jul '202
Aug '200
Sep '200
Oct '200
Nov '201
Dec '200
Jan '211
Feb '211
Mar '212
Apr '210
May '210
Jun '212
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '212
Jan '220
Feb '220
Mar '221
Apr '220
May '221
Jun '220
Jul '221
Aug '220
Sep '220
Oct '221
Nov '221
Dec '222
Jan '231
Feb '231
Mar '235
Apr '230
May '230
Jun '230
Jul '232
Aug '231
Sep '232
Oct '231
Nov '232
Dec '236
Jan '240
Feb '241
Mar '242
Apr '240
May '241
Jun '241
Jul '242
Aug '241
Sep '244
Oct '242
Nov '240
Dec '241
Jan '251
Feb '250
Mar '250
Apr '251
May '251
Jun '251
Jul '254
Aug '250
Sep '251
Oct '253
Nov '252
Dec '253
Jan '262
Feb '264
Mar '263
Apr '264
May '263
Jun '262
Jul '264
Aug '260
Sep '262
Oct '261

Sector Breakdown

Bayern Kapital: Health & Life Sciences is the largest displayed sector by deal count (51 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Bayern Kapital: Health & Life Sciences is the largest displayed sector by deal count (51 deals). All available history
SectorDeals
Health & Life Sciences51
Enterprise Software32
Hardware & Robotics28
Manufacturing28
Space & Frontier Tech22
Data, Analytics & IT20
Clean Energy & Sustainability19
AI & Machine Learning19
Transportation & Logistics18
Networks, Cloud & Communication14
Food & Agriculture13
Consumer & Lifestyle12
Professional Services9
AR/VR6
Media & Entertainment4
Travel & Hospitality3
Cybersecurity & Privacy3
Real Estate & Construction3
Marketing & Advertising3
Fintech3
E-Commerce & Retail2
Government & Defense1
Developer Tools1

Deal Size Distribution

Bayern Kapital: 137 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Bayern Kapital: 137 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M50
$5M-$10M26
$10M-$25M30
$25M-$50M12
$50M-$100M11
$100M-$250M5
$250M-$500M3
$500M-$1B0
$1B+0

Deals By Geography

Bayern Kapital: Europe has the largest recorded deal count among the displayed regions (129 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

Bayern Kapital: Europe has the largest recorded deal count among the displayed regions (129 deals). All available history
RegionDeals
Europe129
United States6
Indonesia1
Canada1
Bayern Kapital: 20 co-investors are shown, with High-Tech Grunderfonds sharing 45 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Investment Strategy

Bayern Kapital: Led accounts for 17% and participating for 83% of round participation.All available history.
Bayern Kapital: Led accounts for 17% and participating for 83% of round participation. All available history
CategoryDeals (count)Share (%)
Led2317%
Participating11483%
Bayern Kapital: Single-lead accounts for 17% and co-led for 83% of lead dynamics.All available history.
Bayern Kapital: Single-lead accounts for 17% and co-led for 83% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead417%
Co-led1983%

Team

Andreas Huber

Senior Investment Manager

Ariel Merabi Golan

Banking and Wealth Management

Dr. Georg Ried

Managing Director

Franz Salzer

Senior Investment Manager

Klaus Loschner

Authorized Representative, Teamleader

Markus Mrachacz

Authorized Representative, Team Leader

Monika Steger

Authorized Representative, Team Leader

Roman Huber

Managing Director

Rosi Keimerl

Authorized Representative, Team Leader