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Successful seed financing round for Scompler
Bayern Kapital, together with Main Incubator, the early-stage investor of the Commerzbank Group, is participating in a seven-figure seed financing round in…
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Smart Reporting receives 15 million in funding
Update October 2025: Smart Reporting has since renamed itself Jacobian. The digital health startup Smart Reporting has closed its Series B financing round…
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Baseclick receives money for corona vaccine
Many startups in the healthcare sector are working on a solution to the coronavirus crisis — including the Neuried-based biotech company Baseclick.…
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Munich adjusts crowdfunding funding
With its crowdfunding program, the state capital of Munich offers a unique opportunity in Germany. Due to the coronavirus crisis, the city has now adjusted the conditions…
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Allianz discontinues used car startup Abracar
Allianz is pulling the plug on Abracar at the end of May. The insurance group's spin-off, founded in 2016, hasn't found a strategic investor. Yet…
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Fintech investments plummet in the first quarter
The coronavirus crisis is causing a slump in fintech investments. In the first quarter of 2020, equity investments plummeted to their lowest level ever…
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BayBG annual report: Investment portfolio increased slightly
BayBG's annual financial statements report a slight increase in its investment portfolio to €308.1 million for the 2018/19 financial year. In the previous year, it was...
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Weekly Wrap-up 16/2020
The most important articles of the week in a photo gallery. So you can start the new week well-informed.
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Successful Series B financing round for Leon-Nanodrugs
Leon-Nanodrugs — "Leon" for short — successfully completed a Series B financing round with lead investor Evotec SE and BayBG Bayerische Beteiligungsgesellschaft. At the same time, the existing shareholders…
Investment
Luminovo raises €2 million in pre-seed round
VC investors Cherry Ventures and La Famiglia, Personio founder Hanno Renner, and Sebastian Schuon, founder of Alasco and Stylight, are…
Investment
Company pension scheme: 25 million euros for platform provider Xbav
Xbav offers a platform solution for digitizing occupational pension schemes. The Munich-based company is receiving €25 million in new funding in its Series C financing round.
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Five Munich-based companies among the 100 most innovative energy startups in the world
The SET100 list honors the most important energy startups of the year. 100 top startups were selected from 570 applications from 90 countries, including…