BayBG Venture Capital

BayBG Venture Capital is a Munich-based venture capital firm established in 1972, specializing in investments in innovative post-revenue startups, particularly within the technology sector. With over 25 years of experience in the venture capital market, the firm employs an evergreen investment approach that allows it to provide institutional venture capital without the constraints of traditional fund structures. BayBG primarily invests in equity but also offers venture debt to more mature startups nearing break-even, helping to minimize dilution for founders. As a private investment company, it serves as both lead and co-investor, and collaborates with public investors such as Bayern Kapital to enhance the value of its portfolio companies.

Ruth Diringer

Investment Manager

Alois Ganter

Investment Manager

Peter Graf

Investment Manager

Andreas Heubl

Investment Manager

Otto Hopfner

Investment Manager

Alexander Ullmann

Investment Manager

Past deals in DACH

StoryBox

Series A in 2024
StoryBox GmbH is a Munich-based company that specializes in developing a software as a service (SaaS) application aimed at simplifying video creation for businesses. Founded in 2017, the platform enables companies and their teams to produce, share, and organize video content using customizable templates and drag-and-drop editing features. Users can create smartphone-based videos suitable for various applications, with the app automatically suggesting picture settings and scene lengths. It also ensures that all video content adheres to corporate design standards, allowing for the integration of logos, animations, and graphics. The videos can be stored in a DSGVO-compliant cloud, making them easily accessible, filterable, and analyzable from any location. Notable clients of StoryBox include Iveco, Erste Group, Evonik, Alten, and KTM.

4.screen

Series A in 2023
4.screen GmbH, founded in 2020 and based in Munich, Germany, is a technology company focused on enhancing driver interactions through its digital platform. The company connects businesses with drivers by enabling local stores and global brands to communicate directly via vehicle screens. Its core product, the 4.screen Mobility Experience Cloud, provides a standardized interface for real-time communication, integrating seamlessly with car manufacturers' systems. This allows businesses of all sizes to deliver relevant content and value-added services, such as sponsored parking and charging, directly to drivers. The 4.screen team, comprised of experts in automotive, marketing, and software, strives to place the driver at the heart of the mobility ecosystem, ensuring a frictionless experience and improved journey for users.

iThera Medical

Venture Round in 2022
iThera Medical is a biotechnology company founded in 2010 as a spin-off from the Helmholtz Zentrum Muenchen, specializing in photonic molecular imaging technology. The company focuses on the development of its proprietary multispectral optoacoustic tomography (MSOT) technology, which offers real-time visualization of anatomical, functional, and molecular information in living tissues. This innovative imaging solution enhances the ability of healthcare professionals to detect tumors and inflammatory diseases non-invasively, thereby facilitating preclinical and clinical trials. By advancing its technology, iThera Medical aims to improve diagnostic capabilities and patient outcomes in the medical field.

EcoG

Series A in 2022
EcoG GmbH is a technology company specializing in the development of an Internet of Things (IoT) operating system tailored for electric vehicle (EV) charging infrastructure. Founded in 2017 and headquartered in Fürth, Germany, with additional offices in Oslo, Norway, and Detroit, Michigan, EcoG provides charger manufacturers with tools and solutions that facilitate the design, development, and maintenance of charging systems. Its offerings include a comprehensive starter kit that encompasses charging control, backend connectivity, payment solutions, and user interface components. The company’s open API architecture allows for the integration of common IoT protocols, enabling the creation of value-added services and a more customizable charging experience. By transforming the business model of EV charging, EcoG empowers businesses to leverage the app economy within charging infrastructure, thereby enhancing the overall user experience and creating shared revenue opportunities.

Munevo

Venture Round in 2022
Munevo GmbH, founded in 2011 and based in Nuremberg, Germany, specializes in developing innovative technology to enhance mobility for individuals with disabilities. The company's flagship product, munevo DRIVE, is a Smartglass application designed to control electric wheelchairs through the user's head movements, allowing for hands-free operation. This technology enables users to navigate both indoors and outdoors, promoting greater independence and mobility. In addition to its core product, Munevo also provides adaptors and accessories to support its solutions, further empowering individuals with mobility impairments.

Goodly Innovations

Series A in 2022
Goodly Innovations GmbH is a technology company based in Grünwald, Germany, specializing in augmented reality (AR) software solutions for the biopharmaceutical sector. Founded in 2016, the company develops a multi-device collaboration platform known as OptiworX, which enhances production processes in manufacturing, packaging, and pharmaceutical industries. Goodly Innovations offers an AR constructor tool that enables users to edit and set up AR experiences, as well as electronic batch records to streamline operations. The company's solutions are designed to improve quality and productivity while adhering to stringent Good Manufacturing Practice (GMP) regulations. By providing innovative shopfloor process instruction solutions, Goodly Innovations supports regulated industries in optimizing their workflows through advanced AR technology.

VRdirect

Seed Round in 2022
VRdirect GmbH, founded in 2018 and headquartered in Munich, Germany, specializes in developing a comprehensive virtual reality (VR) platform tailored for enterprises. The VRdirect platform empowers organizations to create and publish immersive VR projects using VR-enabled devices, smartphones, or web browsers. Its user-friendly VRdirect STUDIO allows individuals without prior experience to design VR content, akin to "PowerPoint for VR." The platform is compatible with a variety of ecosystems, including major VR devices and Metaverse environments. Notable clients such as Siemens, Porsche, and Nestlé utilize VRdirect for applications in virtual tours, training, marketing, and product visualization. Additionally, VRdirect offers a free license for content creators using its WebStudio, facilitating wider access to VR project development.

NavVis

Venture Round in 2021
NavVis GmbH, established in 2013 and headquartered in Munich, Germany, specializes in indoor spatial intelligence solutions. The company offers the NavVis M6, a mobile mapping system that captures 360° immersive imagery and point clouds for large-scale scanning projects. NavVis IndoorViewer, their digital twin software, combines point clouds with highly detailed 360° images, enabling stakeholders to explore and interact with scanned spaces. Their solutions cater to various industries, including automotive, construction, real estate, and insurance, serving applications such as CAD/BIM modeling, factory planning, and indoor mapping. NavVis' technology bridges the gap between the physical and digital worlds, providing high-quality data with survey-grade accuracy at speed and scale, thereby driving operational efficiencies and informed decision-making.

bao

Seed Round in 2021
bao solutions GmbH is a Munich-based company, established in 2017, that specializes in developing sales software aimed at enhancing the sales process. Its platform integrates with popular customer relationship management (CRM) systems such as Salesforce, Hubspot, MS Dynamics, and Pipedrive, providing real-time documentation and support for sales teams. Through the use of interactive live playbooks and artificial intelligence, bao's software assists in optimizing sales conversations by aligning the communication styles of participants, thereby increasing productivity and conversion rates. The company's focus on conversation intelligence enables sales teams to conduct more effective pitches, leading to improved outcomes in their sales efforts.

fulfin

Debt Financing in 2021
Fulfin is a lending platform that provides short-term business loans to small and medium-sized enterprises (SMEs) in Germany. Utilizing advanced technology, including open banking and artificial intelligence, Fulfin streamlines the credit evaluation process, enabling it to deliver credit decisions up to ten times faster than traditional banks. This efficiency is complemented by a user-friendly digital experience, which encourages customers to accept higher credit margins compared to conventional financing options. Fulfin also offers a variety of collateralized and non-collateralized loan products specifically tailored for online retailers, aimed at enhancing their financial accessibility. The company has received significant support from the German government in the form of a seven-digit grant to further develop its AI-enabled credit scoring capabilities.

Building Radar

Venture Round in 2021
Building Radar GmbH operates a data analysis platform that enables suppliers and service providers to identify building projects globally. Founded in 2014 and headquartered in Munich, Germany, the company leverages artificial intelligence to continuously search the internet for real-time data on all phases of planning and construction. This technology allows customers to discover new and existing construction projects ahead of their competitors, providing them with opportunities to engage early and enhance their profit margins. Building Radar's client base includes a diverse range of companies involved in the construction industry, from concrete manufacturers to interior design solution providers, all benefiting from access to comprehensive project information.

HappyBrush

Venture Round in 2021
HappyBrush GmbH, founded in 2016 and based in Munich, Germany, specializes in the manufacturing and supply of electric toothbrushes. The company offers a diverse range of products, including rotating toothbrushes, sonic toothbrushes, and toothpaste, aimed at providing effective and affordable oral care solutions. Utilizing powerful sonic technology and high-performance batteries, HappyBrush has transformed the brushing experience with features like multiple cleaning modes and a travel lock. By positioning its innovative products in direct competition with established brands, HappyBrush aims to enhance customers' dental hygiene practices while making suitable dental care accessible to a broader audience. The company operates primarily in Germany and Austria.

DRACOON

Series D in 2021
DRACOON specializes in providing a highly secure and platform-independent enterprise file service, addressing the challenges companies face in storing, managing, and sharing data digitally. Their solution, DRACOON, is recognized as the market leader in enterprise file-sharing within the German-speaking region. The company prioritizes data sovereignty and compliance with GDPR standards, ensuring that customers maintain control over their data. DRACOON's service integrates deeply into company processes, offering a secure environment for data and connected applications. Notable clients include KfW, Rossmann, Helios Kliniken, and Deutsche Telekom, among others. The platform is available both in the cloud and as an on-premises version, adhering to stringent safety standards and certified by ISO27001 and EuroPriSe.

Hawa Dawa

Series A in 2021
Hawa Dawa UG is a Munich-based company founded in 2016 that specializes in the manufacture and development of air quality monitoring systems. The company focuses on creating hardware and environmental services that assist in measuring and managing urban air pollution. By providing real-time, interactive data on air quality, Hawa Dawa enables clients to identify emission sources, implement effective mitigation strategies, and evaluate the impact of their actions. This innovative approach allows organizations to integrate air quality metrics into their decision-making processes, ultimately promoting healthier urban environments.

VRdirect

Seed Round in 2020
VRdirect GmbH, founded in 2018 and headquartered in Munich, Germany, specializes in developing a comprehensive virtual reality (VR) platform tailored for enterprises. The VRdirect platform empowers organizations to create and publish immersive VR projects using VR-enabled devices, smartphones, or web browsers. Its user-friendly VRdirect STUDIO allows individuals without prior experience to design VR content, akin to "PowerPoint for VR." The platform is compatible with a variety of ecosystems, including major VR devices and Metaverse environments. Notable clients such as Siemens, Porsche, and Nestlé utilize VRdirect for applications in virtual tours, training, marketing, and product visualization. Additionally, VRdirect offers a free license for content creators using its WebStudio, facilitating wider access to VR project development.

fulfin

Debt Financing in 2020
Fulfin is a lending platform that provides short-term business loans to small and medium-sized enterprises (SMEs) in Germany. Utilizing advanced technology, including open banking and artificial intelligence, Fulfin streamlines the credit evaluation process, enabling it to deliver credit decisions up to ten times faster than traditional banks. This efficiency is complemented by a user-friendly digital experience, which encourages customers to accept higher credit margins compared to conventional financing options. Fulfin also offers a variety of collateralized and non-collateralized loan products specifically tailored for online retailers, aimed at enhancing their financial accessibility. The company has received significant support from the German government in the form of a seven-digit grant to further develop its AI-enabled credit scoring capabilities.

Munevo

Equity Crowdfunding in 2020
Munevo GmbH, founded in 2011 and based in Nuremberg, Germany, specializes in developing innovative technology to enhance mobility for individuals with disabilities. The company's flagship product, munevo DRIVE, is a Smartglass application designed to control electric wheelchairs through the user's head movements, allowing for hands-free operation. This technology enables users to navigate both indoors and outdoors, promoting greater independence and mobility. In addition to its core product, Munevo also provides adaptors and accessories to support its solutions, further empowering individuals with mobility impairments.

Weiss IT Solutions

Venture Round in 2020
Weiss IT Solutions GmbH is a provider of comprehensive information technology services based in Warngau, Germany, with branches in Austria and Poland. Founded in 1991, the company specializes in managed IT services that cater to various sectors, including automotive, chemical, and pharmaceutical industries. Its offerings encompass office and industrial IT, contact center management, network services, structured network cabling, and device management. Weiss IT Solutions also manages the lifecycle of IT infrastructure, providing services such as workplace design, procurement, rollout, and disposal, as well as network analysis, configuration, and monitoring. The company aims to support clients in their outsourcing and managed IT needs through tailored service consulting and mobile IT solutions.

StoryBox

Seed Round in 2020
StoryBox GmbH is a Munich-based company that specializes in developing a software as a service (SaaS) application aimed at simplifying video creation for businesses. Founded in 2017, the platform enables companies and their teams to produce, share, and organize video content using customizable templates and drag-and-drop editing features. Users can create smartphone-based videos suitable for various applications, with the app automatically suggesting picture settings and scene lengths. It also ensures that all video content adheres to corporate design standards, allowing for the integration of logos, animations, and graphics. The videos can be stored in a DSGVO-compliant cloud, making them easily accessible, filterable, and analyzable from any location. Notable clients of StoryBox include Iveco, Erste Group, Evonik, Alten, and KTM.

VRdirect

Seed Round in 2020
VRdirect GmbH, founded in 2018 and headquartered in Munich, Germany, specializes in developing a comprehensive virtual reality (VR) platform tailored for enterprises. The VRdirect platform empowers organizations to create and publish immersive VR projects using VR-enabled devices, smartphones, or web browsers. Its user-friendly VRdirect STUDIO allows individuals without prior experience to design VR content, akin to "PowerPoint for VR." The platform is compatible with a variety of ecosystems, including major VR devices and Metaverse environments. Notable clients such as Siemens, Porsche, and Nestlé utilize VRdirect for applications in virtual tours, training, marketing, and product visualization. Additionally, VRdirect offers a free license for content creators using its WebStudio, facilitating wider access to VR project development.

VRdirect

Venture Round in 2019
VRdirect GmbH, founded in 2018 and headquartered in Munich, Germany, specializes in developing a comprehensive virtual reality (VR) platform tailored for enterprises. The VRdirect platform empowers organizations to create and publish immersive VR projects using VR-enabled devices, smartphones, or web browsers. Its user-friendly VRdirect STUDIO allows individuals without prior experience to design VR content, akin to "PowerPoint for VR." The platform is compatible with a variety of ecosystems, including major VR devices and Metaverse environments. Notable clients such as Siemens, Porsche, and Nestlé utilize VRdirect for applications in virtual tours, training, marketing, and product visualization. Additionally, VRdirect offers a free license for content creators using its WebStudio, facilitating wider access to VR project development.

Goodly Innovations

Venture Round in 2019
Goodly Innovations GmbH is a technology company based in Grünwald, Germany, specializing in augmented reality (AR) software solutions for the biopharmaceutical sector. Founded in 2016, the company develops a multi-device collaboration platform known as OptiworX, which enhances production processes in manufacturing, packaging, and pharmaceutical industries. Goodly Innovations offers an AR constructor tool that enables users to edit and set up AR experiences, as well as electronic batch records to streamline operations. The company's solutions are designed to improve quality and productivity while adhering to stringent Good Manufacturing Practice (GMP) regulations. By providing innovative shopfloor process instruction solutions, Goodly Innovations supports regulated industries in optimizing their workflows through advanced AR technology.

Delfactis

Venture Round in 2019
Delfactis AG is a financial technology company based in Starnberg, Germany, founded in 2008. It specializes in providing payment processing services, focusing on central settlement solutions integrated with del credere insurance. The company offers a range of fintech tools aimed at credit protection and reverse factoring, facilitating secure payment transactions between suppliers and buyers. This enables buyers to enhance their working capital management while providing suppliers with payment guarantees, thereby optimizing the overall efficiency of payment processes. Delfactis positions itself as a key service provider in the payment processing industry, catering to the needs of businesses seeking reliable and innovative financial solutions.

DRACOON

Funding Round in 2018
DRACOON specializes in providing a highly secure and platform-independent enterprise file service, addressing the challenges companies face in storing, managing, and sharing data digitally. Their solution, DRACOON, is recognized as the market leader in enterprise file-sharing within the German-speaking region. The company prioritizes data sovereignty and compliance with GDPR standards, ensuring that customers maintain control over their data. DRACOON's service integrates deeply into company processes, offering a secure environment for data and connected applications. Notable clients include KfW, Rossmann, Helios Kliniken, and Deutsche Telekom, among others. The platform is available both in the cloud and as an on-premises version, adhering to stringent safety standards and certified by ISO27001 and EuroPriSe.

NavVis

Series C in 2018
NavVis GmbH, established in 2013 and headquartered in Munich, Germany, specializes in indoor spatial intelligence solutions. The company offers the NavVis M6, a mobile mapping system that captures 360° immersive imagery and point clouds for large-scale scanning projects. NavVis IndoorViewer, their digital twin software, combines point clouds with highly detailed 360° images, enabling stakeholders to explore and interact with scanned spaces. Their solutions cater to various industries, including automotive, construction, real estate, and insurance, serving applications such as CAD/BIM modeling, factory planning, and indoor mapping. NavVis' technology bridges the gap between the physical and digital worlds, providing high-quality data with survey-grade accuracy at speed and scale, thereby driving operational efficiencies and informed decision-making.

Testbirds

Series B in 2018
Testbirds GmbH is a crowdtesting company based in Munich, Germany, with additional offices in the Netherlands, the United Kingdom, and Hungary. Founded in 2011, the company specializes in testing mobile applications across various platforms, including Apple iOS, Google Android, Windows Phone, and Blackberry OS, as well as web applications such as online stores, websites, and games. Testbirds offers a range of services designed to enhance the functionality and user-friendliness of digital products, including exploratory and structured bug testing, usability studies, localization testing, and competitor analysis. The company caters to a diverse clientele, from large multinational corporations to small and medium-sized enterprises and start-ups, helping them improve product quality and accelerate development processes.

Soley

Series A in 2018
Soley GmbH is a Munich-based company founded in 2013 that specializes in developing software solutions for engineering analytics and data management. The company offers a range of products, including Modeler, a tool for domain-specific modeling and analysis; Soley Desk, a self-service application that simplifies complex data handling; and Soley Studio, which enhances data quality and automates analyses to facilitate advanced visualizations and customized applications. Soley's solutions address various sectors such as automotive, medical equipment, and electronics, focusing on improving efficiency in areas like change management, validation processes, and decision-making. With a strong foundation as a spin-off from the Technical University of Munich, Soley is committed to helping businesses automate their workflows and optimize product management through innovative data analysis tools.

InnovatiQ

Venture Round in 2017
InnovatiQ, based in Feldkirchen near Munich, is a leading developer and distributor of 3D printing solutions grounded in RepRap technology, specifically Fused Filament Fabrication. Established in 2010 as the German RepRap Foundation, the company offers a diverse range of products including large-capacity 3D printers designed for professional applications such as product development, prototyping, and architectural design. InnovatiQ also provides 3D printers tailored for prosumers, along with construction kits, components, filaments, software, and accessories. Their clientele includes prominent industry players, designers, architects, educational institutions, and hobbyists, making them a versatile provider in the 3D printing landscape.

vr-on

Venture Round in 2017
vr-on GmbH, founded in 2016 and headquartered in Herrsching, Germany, specializes in software solutions for industrial applications within the virtual and augmented reality sectors. The company develops the Stage platform, a collaborative environment that securely connects professionals in virtual reality. vr-on's offerings include product evaluation, training, trade show setups, and production planning specifically tailored for automotive and aerospace industries. By leveraging nearly two decades of industry expertise, vr-on aims to democratize access to virtual reality technologies in enterprise settings, enhancing operational efficiency and collaboration through its comprehensive cloud solutions for multi-user applications.

Troi GmbH

Series C in 2016
Troi GmbH is a Munich-based IT services company founded in 2001. It specializes in supporting central control processes for agencies and corporate consultations, having originally developed its solutions for the CI/CD agency Martin et Karczinski. With a deep understanding of the challenges faced in project-based businesses, Troi GmbH has established itself as a reliable partner for companies of varying sizes. Currently, its web-based agent software is utilized by approximately 12,000 users across around 650 companies, demonstrating its effectiveness and widespread adoption in the industry.

IDnow

Series A in 2016
IDnow is a Munich-based company that specializes in identity verification technologies through its Identity-as-a-Service platform. Founded in 2014, IDnow employs advanced machine-learning techniques to offer real-time identity verification and electronic signing solutions, ensuring legal security and high data protection standards across Europe. Its services are tailored for business clients, including banks, telecommunications companies, and fintech firms, facilitating online customer identification and contract conclusion without the need for additional hardware. The platform allows users to verify their identities conveniently using smartphones, tablets, or webcams. IDnow's client roster features prominent organizations such as Commerzbank, UBS, Sixt neuwagen, Telefónica, and N26, highlighting its role as a key player in the identity verification sector.

Arzneimittelwerk Warngau

Series C in 2016
Arzneimittelwerk Warngau develops and markets drug delivery systems. Its portfolio includes active ingredient/biodegradable implants and transdermal systems in the areas of oncology, pain therapy, and neurology. It focuses on transdermal passive and microchip controlled patches, as well as subcutaneous biodegradable implants. Wilfried Fischer founded Arzneimittelwerk Warngau in 2008. It has its headquarters in Warngau in Germany.

tado°

Series E in 2016
tado° GmbH is a technology company based in Munich, Germany, with an additional office in London, United Kingdom. Founded in 2010, it specializes in developing and marketing innovative home climate control systems that enhance the efficiency of heating and cooling in residential and small business environments. The company's products integrate a hardware-software combination that leverages real-time data on resident behavior, weather forecasts, and building characteristics to optimize climate management. tado° sells its solutions through both retail outlets and online platforms, effectively bringing Internet of Things technology to the cleantech market.

NavVis

Series B in 2015
NavVis GmbH, established in 2013 and headquartered in Munich, Germany, specializes in indoor spatial intelligence solutions. The company offers the NavVis M6, a mobile mapping system that captures 360° immersive imagery and point clouds for large-scale scanning projects. NavVis IndoorViewer, their digital twin software, combines point clouds with highly detailed 360° images, enabling stakeholders to explore and interact with scanned spaces. Their solutions cater to various industries, including automotive, construction, real estate, and insurance, serving applications such as CAD/BIM modeling, factory planning, and indoor mapping. NavVis' technology bridges the gap between the physical and digital worlds, providing high-quality data with survey-grade accuracy at speed and scale, thereby driving operational efficiencies and informed decision-making.

tado°

Series D in 2015
tado° GmbH is a technology company based in Munich, Germany, with an additional office in London, United Kingdom. Founded in 2010, it specializes in developing and marketing innovative home climate control systems that enhance the efficiency of heating and cooling in residential and small business environments. The company's products integrate a hardware-software combination that leverages real-time data on resident behavior, weather forecasts, and building characteristics to optimize climate management. tado° sells its solutions through both retail outlets and online platforms, effectively bringing Internet of Things technology to the cleantech market.

snapload

Series B in 2015
Snapload GmbH, founded in 2013 and headquartered in Munich, specializes in the development and distribution of digital gift cards for books and audiobooks, known as "SnapCards." These gift cards are available nationwide at retail locations and can be used on the company's online platform, which offers a selection of 350,000 eBooks and audiobooks for download. The platform allows users to access their favorite titles on various devices, including PCs, tablets, smartphones, and eBook readers. Snapload aims to enhance the gifting experience by providing a customizable option for customers seeking to share literature and audio content.

Arzneimittelwerk Warngau

Series B in 2015
Arzneimittelwerk Warngau develops and markets drug delivery systems. Its portfolio includes active ingredient/biodegradable implants and transdermal systems in the areas of oncology, pain therapy, and neurology. It focuses on transdermal passive and microchip controlled patches, as well as subcutaneous biodegradable implants. Wilfried Fischer founded Arzneimittelwerk Warngau in 2008. It has its headquarters in Warngau in Germany.

NFON

Venture Round in 2015
NFON is a Munich-based provider of cloud-based telecommunications services, specializing in integrated business communication solutions for corporate customers across Europe. The company's primary offering is its outsourced telephone system, known as IP Centrex, which delivers a comprehensive package designed to help businesses of all sizes reduce phone system costs by up to 50%. NFON's services encompass various aspects of business communication, including telephony, video calls, and screen sharing, along with necessary hardware components. The company also focuses on integration, ensuring that its cloud telephony system seamlessly fits into existing customer workflows and business processes. Additionally, NFON offers products aimed at optimizing customer contact, as well as services that prepare companies for cloud transition, enhancing their operational efficiency. With a fully redundant, high-performance computer center and over 100 functions, NFON is positioned as a key player in the telecommunications sector.

NavVis

Series A in 2014
NavVis GmbH, established in 2013 and headquartered in Munich, Germany, specializes in indoor spatial intelligence solutions. The company offers the NavVis M6, a mobile mapping system that captures 360° immersive imagery and point clouds for large-scale scanning projects. NavVis IndoorViewer, their digital twin software, combines point clouds with highly detailed 360° images, enabling stakeholders to explore and interact with scanned spaces. Their solutions cater to various industries, including automotive, construction, real estate, and insurance, serving applications such as CAD/BIM modeling, factory planning, and indoor mapping. NavVis' technology bridges the gap between the physical and digital worlds, providing high-quality data with survey-grade accuracy at speed and scale, thereby driving operational efficiencies and informed decision-making.

EYEGLASS24

Series B in 2014
EYEGLASS24 GmbH, established in Munich, Germany in 2012, specializes in the online sale of lenses for spectacles. The company offers a wide range of lens types, including single vision, progressive, sun protection, and sport frames, catering to price-sensitive customers seeking affordable yet high-quality replacements or upgrades for their existing frames. With approximately 35.5 million lenses sold annually through stationary opticians in Germany alone, the market presents ample opportunity for EYEGLASS24's unique business model, which focuses on convenience, quality, and significant cost savings of up to 80% compared to traditional retail prices. The company ensures customer satisfaction through a 100-day return policy, home pick-up and delivery services, and optician support via phone and email.

Miflora

Series B in 2014
Miflora GmbH is a Munich-based company that operates an online flower store, specializing in the delivery of fresh and authentic flowers for both private and business customers. The company offers a variety of cut flowers, including traditional seasonal options, and provides services such as flower delivery subscriptions. Miflora also enables corporate clients to send customized gifts, bouquets, messages, and gift wrapping, allowing for personalized experiences through custom printed greeting cards and cover letters. Established as a subsidiary of Blume 2000 New Media AG, Miflora focuses on delivering high-quality floral solutions tailored to individual and corporate needs.

Crealytics

Series B in 2014
Crealytics is a performance marketing agency that specializes in the retail sector, focusing on digital advertising across platforms such as Google, Bing, Amazon, Pinterest, and Facebook. With a team of over 150 professionals, Crealytics challenges traditional assumptions in digital marketing by integrating marketing with merchandising and pricing strategies. This approach allows retailers to optimize their ad investments for maximum profitability and Customer Lifetime Value. The company's proprietary technology, supported by an in-house team of data scientists, automates the creation and optimization of customized advertisements, streamlining campaign management and enhancing strategic decision-making. Crealytics operates globally, delivering paid search campaigns in 150 markets and 20 languages, with offices located in London, New York, and Berlin.

DRACOON

Venture Round in 2013
DRACOON specializes in providing a highly secure and platform-independent enterprise file service, addressing the challenges companies face in storing, managing, and sharing data digitally. Their solution, DRACOON, is recognized as the market leader in enterprise file-sharing within the German-speaking region. The company prioritizes data sovereignty and compliance with GDPR standards, ensuring that customers maintain control over their data. DRACOON's service integrates deeply into company processes, offering a secure environment for data and connected applications. Notable clients include KfW, Rossmann, Helios Kliniken, and Deutsche Telekom, among others. The platform is available both in the cloud and as an on-premises version, adhering to stringent safety standards and certified by ISO27001 and EuroPriSe.

Impacore

Venture Round in 2013
Impacore GmbH is a Munich-based company that specializes in providing performance rating services for multinational companies across various sectors. The firm offers comprehensive ratings for individual projects and portfolios, catering to IT and HR consultants, IT providers, law firms, accounting firms, engineering firms, EPC consultants, and other professional service providers. Impacore also delivers advisory services aimed at optimizing provider management strategies, improving provider selection processes, and implementing performance-based fee structures. Additionally, the company offers guidance in critical project situations and mediation services, which enhance the overall efficiency and effectiveness of client engagements with their service providers.

Tiramizoo

Venture Round in 2013
tiramizoo GmbH is a logistics company based in Munich, Germany, specializing in same-day delivery services for scheduled shipments in metropolitan areas of Germany and Austria. Founded in 2010, the company offers a Software as a Service (SaaS) platform that provides tailored logistics solutions for various clients, including online retailers and regional trade associations. Its unique platform features a Transport Management System (TMS) that optimizes delivery tasks and routes, alongside a Smart City Application that enhances commuter flows and public transport utilization. The proprietary algorithm at the core of tiramizoo's platform enables efficient route calculation and asset utilization by processing extensive data while considering urban constraints. This technology has not only been applied in Central Europe but has also found use in Southeast Asia, serving a diverse range of customers, including fleet operators, logistics companies, and municipal authorities.

German Medical Engineering

Venture Round in 2013
GME German Medical Engineering GmbH, founded in 2011 and based in Erlangen, Germany, specializes in the development and marketing of laser and light systems for dermatological applications. The company offers a range of products, including the Linscan 808 diode laser, which is designed for effective hair removal without the need for anesthetics or gels, as well as treatments for conditions such as psoriasis and vitiligo. GME's systems are characterized by their ease of installation, user-friendly software, and compact design, making them suitable for both aesthetic and medical uses. The equipment is developed and manufactured in Germany, adhering to high standards of medical device approval and monitoring. GME markets its innovative solutions globally through partner companies, aiming to enhance the capabilities of medical professionals in treating various skin conditions.

Crealytics

Venture Round in 2013
Crealytics is a performance marketing agency that specializes in the retail sector, focusing on digital advertising across platforms such as Google, Bing, Amazon, Pinterest, and Facebook. With a team of over 150 professionals, Crealytics challenges traditional assumptions in digital marketing by integrating marketing with merchandising and pricing strategies. This approach allows retailers to optimize their ad investments for maximum profitability and Customer Lifetime Value. The company's proprietary technology, supported by an in-house team of data scientists, automates the creation and optimization of customized advertisements, streamlining campaign management and enhancing strategic decision-making. Crealytics operates globally, delivering paid search campaigns in 150 markets and 20 languages, with offices located in London, New York, and Berlin.

Dynamic Biosensors

Seed Round in 2012
Dynamic Biosensors GmbH is a Munich-based company specializing in biomolecular interaction analysis solutions. The company has developed the switchSENSE platform, which includes the switchSENSE Analyzer and switchSENSE Biochip. These products facilitate label-free interaction analysis by employing switchable DNA interfaces to measure molecular interactions with high sensitivity and precision. The switchSENSE technology is particularly beneficial for applications such as protein-protein, DNA-protein, and DNA-DNA analyses. By providing advanced measurement capabilities, Dynamic Biosensors aims to enhance the efficiency and quality of molecular measurements in the biotechnology sector, ultimately aiding in the identification of pharmaceutical substances.

SurgicEye

Venture Round in 2012
SurgicEye GmbH, founded in 2008 and based in Munich, Germany, develops advanced intra-operative imaging and instrument navigation solutions for surgical procedures. The company specializes in navigated radio-guided surgery through its declipse SPECT open surgery technology, which utilizes handheld 3-D freehand SPECT imaging. It also offers the declipse SPECT Laparascopy, an intraoperative 3D imaging system designed for invasive sentinel lymph node biopsy, and the declipse SPECT imaging probe, a compact mobile SPECT imaging solution with high resolution. In addition to its imaging technologies, SurgicEye provides consulting services for medical device development, including requirements engineering, software specification, software development and testing, as well as support for the design and conduction of clinical studies.

evidanza

Series C in 2012
Evidanza AG is a software provider specializing in business intelligence solutions, focusing on transforming complex data into actionable insights. Founded in 2001 and headquartered in Regensburg, Germany, the company develops software based on Microsoft technologies that supports various business functions, including reporting, planning, OLAP analysis, risk management, and compliance with IFRS and US GAAP standards. Evidanza's software aims to digitize and optimize commercial operations and organizational processes such as accounting, cost accounting, customer relationship management, and corporate planning. By enhancing data management capabilities, the company seeks to improve clients' cash flow, cost structures, and overall business models.

CargoGuard

Venture Round in 2011
CargoGuard GmbH is a company based in Merseburg, Germany, founded in 2007, that specializes in security and transparency solutions for logistics. It develops advanced systems designed to protect valuable goods, high-end products, and sensitive documents from risks such as loss, theft, and manipulation during transportation and storage. CargoGuard offers a range of services including portable tracking, secure monitoring of valuables, fixed tracking, and Internet-of-Things-Lock solutions. Their cloud-based security monitoring system enhances the safeguarding of valuable goods across the intermodal supply chain, serving a diverse clientele that includes cash and valuables transport companies, logistics providers, automotive industries, and various sectors in manufacturing and insurance. By integrating locking and sealing functions with GPS tracking and condition monitoring, CargoGuard enables businesses to effectively manage and secure their valuable transports worldwide.

iThera Medical

Series A in 2011
iThera Medical is a biotechnology company founded in 2010 as a spin-off from the Helmholtz Zentrum Muenchen, specializing in photonic molecular imaging technology. The company focuses on the development of its proprietary multispectral optoacoustic tomography (MSOT) technology, which offers real-time visualization of anatomical, functional, and molecular information in living tissues. This innovative imaging solution enhances the ability of healthcare professionals to detect tumors and inflammatory diseases non-invasively, thereby facilitating preclinical and clinical trials. By advancing its technology, iThera Medical aims to improve diagnostic capabilities and patient outcomes in the medical field.

prevero

Venture Round in 2011
Prevero is a global provider of Corporate Performance Management (CPM) and Business Intelligence (BI) solutions, headquartered in Munich with offices across Europe, Asia, and the USA. The company offers software for planning, budgeting, forecasting, data analysis, dashboarding, and reporting to enhance decision-making and control processes for businesses of all sizes. Prevero's comprehensive functionality caters to financial and operational planning, project planning, HR planning, strategy planning, risk planning, and financial consolidation, with industry-specific solutions for sectors like energy, manufacturing, finance, telecommunications, and automotive. With a team of 150 employees and an international partner network, prevero serves prominent clients such as ABB, Audi, BMW, Mercedes, Swiss Life, and Swisscom.

Impeo Software

Venture Round in 2011
Impeo Software GmbH is a specialized software provider based in Munich, Bavaria, Germany, focusing on the development of front-end applications for the insurance and financial services sectors. The company designs and manufactures software systems that enhance customer interactions and streamline operations for insurers and financial service providers. Impeo Software's core process management platform enables clients to connect more effectively with their customers, supporting their competitive edge in a dynamic market. With a strong emphasis on tailored solutions, Impeo leverages a mature product and toolset to develop individualized applications that address the specific needs of clients across Europe, the Middle East, Africa, and Latin America. As a subsidiary of Fadata AD since August 2017, Impeo continues to enhance its offerings through expert software development and IT services.

Commercetools

Series A in 2011
Commercetools GmbH is a Munich-based company that provides a cloud-native platform for Commerce-as-a-Service, enabling retailers to create custom digital commerce experiences. Founded in 2006, the company offers a range of products, including cart and order management, marketing tools, internationalization, and integration services. Its platform is designed to be tech-agnostic and component-based, allowing businesses to adapt quickly to changing consumer behaviors and emerging market trends. Commercetools serves a diverse array of industries such as fashion, beauty, and food and beverage, supporting various sales channels including mobile devices, point of sale systems, and wearables. Recognized as a leader in enterprise commerce technology, commercetools is known for its scalability and flexibility, which empower brands to innovate and capitalize on new opportunities while minimizing operational risks. The company has a global presence, with offices in Berlin, Jena, Amsterdam, London, and Durham, North Carolina, and it serves notable clients like Audi, Danone, and Sephora.

NFON

Venture Round in 2010
NFON is a Munich-based provider of cloud-based telecommunications services, specializing in integrated business communication solutions for corporate customers across Europe. The company's primary offering is its outsourced telephone system, known as IP Centrex, which delivers a comprehensive package designed to help businesses of all sizes reduce phone system costs by up to 50%. NFON's services encompass various aspects of business communication, including telephony, video calls, and screen sharing, along with necessary hardware components. The company also focuses on integration, ensuring that its cloud telephony system seamlessly fits into existing customer workflows and business processes. Additionally, NFON offers products aimed at optimizing customer contact, as well as services that prepare companies for cloud transition, enhancing their operational efficiency. With a fully redundant, high-performance computer center and over 100 functions, NFON is positioned as a key player in the telecommunications sector.

HolidayInsider

Venture Round in 2010
HolidayInsider operates a leading marketplace for holiday accommodations in Germany, Austria, and Switzerland. The platform enables users to find and compare a diverse range of lodging options, including hotels, boarding houses, pensions, private rooms, farms, and boats. All accommodations available on the site are directly bookable online, providing a seamless experience for travelers seeking to arrange their holiday stays.

Metasonic

Venture Round in 2009
Metasonic AG is a Germany-based IT company founded in 2004 by Albert Fleischmann, specializing in enterprise software design and development. The company provides solutions centered around its core product, Metasonic Suite, which serves as a platform for subject-oriented business process management. This suite facilitates dynamic process applications, emphasizing communication and interaction among various participants within an organization, while also addressing elements of organizational culture. In addition to its software offerings, Metasonic provides a comprehensive range of training courses focused on business process management and the tools associated with Metasonic Suite. These training programs include standard sessions, certifications, and introductory courses on the S-BPM methodology. Metasonic collaborates with several international partners, including Alius Consulting Services, Binnova, Detecon, Devoteam, and GOMC Solutions, to enhance its service offerings and extend its market reach.

Ubitexx

Series B in 2008
Ubitexx GmbH develops and distributes management and security software for smartphones and mobile devices. It offers ubi-Suite, a centralized smartphone management suite of capabilities. The company also provides strategic mobile management consulting, training and installation, and technical support services. It serves banking, insurance, pharmaceuticals, energy, media, engineering, and automotive industries, as well as public sector. Ubitexx GmbH was founded in 2002 and is based in Munich, Germany with an additional office in Cambridge, Massachusetts.

Innovationszentrum für Telekommunikationstechnik

Series B in 2008
Innovationszentrum für Telekommunikationstechnik GmbH, founded in 1997 in Erlangen, Germany, specializes in digital signal processing and field programmable gate array (FPGA) technologies. The company designs, manufactures, and markets a range of products that include signal generation equipment, receivers for signal monitoring and recording, transmitters for digital broadcasting, digital radio systems, channel simulators, and record and playback systems. Innovationszentrum für Telekommunikationstechnik focuses on digital wireless transmission technologies, providing essential test and measurement solutions that cater to the needs of the telecommunications and broadcasting sectors. The firm was established by Rainer Perthold in collaboration with Fraunhofer Gesellschaft, emphasizing its commitment to innovation in communications technology.

GeMeTec Metrology

Venture Round in 2007
GeMeTec Metrology GmbH, established in 1985 and located in Munich, Germany, specializes in equipment for semiconductor process monitoring. The company offers a range of products, including electrolytical metal analysis tools, wafer surface preparation systems, VPD-reactors, and metal contamination standard wafers. GeMeTec Metrology is dedicated to developing innovative analytical methods and instruments tailored specifically for the semiconductor industry, contributing to improved process efficiency and product quality.

Mercateo

Series A in 2007
Mercateo AG operates an e-procurement platform designed for business customers, enabling them to access a vast selection of products from multiple suppliers. Founded in 1999 and based in Munich, Germany, Mercateo offers over eight million items in Germany alone, with an expanded range of six million articles available across other European platforms. The product categories include office supplies, IT equipment, laboratory and industrial goods, and telecommunications devices. Primarily serving small and medium-sized enterprises, Mercateo is also attracting larger corporations looking for efficient procurement solutions. The platform features capabilities such as basket optimization, personalized searches, and digital approval processes, streamlining purchasing and reducing costs for users. Mercateo operates in twelve European countries, with offices established in France, the Netherlands, and Austria, and employs over 250 staff, including apprentices. The company reported a significant increase in sales volume in 2011, highlighting its growing impact in the B2B marketplace.

Ubitexx

Series A in 2006
Ubitexx GmbH develops and distributes management and security software for smartphones and mobile devices. It offers ubi-Suite, a centralized smartphone management suite of capabilities. The company also provides strategic mobile management consulting, training and installation, and technical support services. It serves banking, insurance, pharmaceuticals, energy, media, engineering, and automotive industries, as well as public sector. Ubitexx GmbH was founded in 2002 and is based in Munich, Germany with an additional office in Cambridge, Massachusetts.

Innovationszentrum für Telekommunikationstechnik

Venture Round in 2005
Innovationszentrum für Telekommunikationstechnik GmbH, founded in 1997 in Erlangen, Germany, specializes in digital signal processing and field programmable gate array (FPGA) technologies. The company designs, manufactures, and markets a range of products that include signal generation equipment, receivers for signal monitoring and recording, transmitters for digital broadcasting, digital radio systems, channel simulators, and record and playback systems. Innovationszentrum für Telekommunikationstechnik focuses on digital wireless transmission technologies, providing essential test and measurement solutions that cater to the needs of the telecommunications and broadcasting sectors. The firm was established by Rainer Perthold in collaboration with Fraunhofer Gesellschaft, emphasizing its commitment to innovation in communications technology.

Biomax Informatics

Venture Round in 2004
Biomax Informatics AG, founded in 1997 and based in Planegg, Germany, specializes in developing customized bioinformatics solutions tailored for life science organizations. The company offers a range of products that support knowledge management and data integration, including the BioXM Knowledge Management Environment, which allows users to create, manage, and visualize scientific models as interconnected concepts. Additional offerings include the BioRS Integration and Retrieval System for biological data, the Pedant-Pro Sequence Analysis Suite for microbial genome analysis, the Viscovery data mining suite, and NeuroXM for brain science. Biomax's software solutions are designed to streamline the handling of unstructured data and enhance collaboration across research and development departments, ultimately facilitating decision-making in drug discovery, diagnostics, agriculture, and other sectors. With a team of approximately 50 multidisciplinary scientists and software engineers, Biomax maintains strong, long-term client relationships and stays at the forefront of research and technology through participation in multinational projects.

MAYAH Communications

Venture Round in 2001
MAYAH Communications GmbH is a German company specializing in the development and distribution of audio and audio/video communication solutions tailored for broadcast and corporate networks. Headquartered in Hallbergmoos, the company manufactures a range of products including hardware audio codecs, audio/video codecs, encoders, and portable recorders, along with software applications for mobile audio transmission and cloud-based solutions. MAYAH Communications serves a diverse clientele, including radio and television stations, recording studios, and individual professionals such as reporters and voice actors. Their offerings enable clients to produce and deliver high-quality audio content across various platforms, ensuring reliable transmission services for global users.

Cancom

Venture Round in 1999
Cancom, headquartered in Germany, is a leading provider of IT infrastructure and services, specializing in cloud transformation. They offer a range of professional services, including managed services, support, and delivery, to help businesses securely access applications and collaborate anytime, anywhere. Cancom's hybrid IT solutions encompass consulting, implementation, and operation of IT systems, covering areas like cloud computing, analytics, enterprise mobility, IT security, and hosting services. Their goal is to enable clients worldwide to leverage digital transformation and focus on their core business objectives.
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