BayBG Venture Capital is the Munich-based venture capital arm of BayBG Bayerische Beteiligungsgesellschaft mbH, backing German startups and scale-ups with initial reference customers and revenue. It invests institutional evergreen capital from pre-Series A to Series B, with investments typically in the €1 million to €5 million range and follow-on financing up to €10 million per company. The firm can lead or co-invest and has early-stage exposure across AI and machine learning, automation and construction technology.