Munich / Landshut, Germany, July 15, 2021 – The Bavarian state government has given the green light for its “ScaleUp-Fonds Bayern” (Bavarian Scale-up Fund), managed by Bayern Kapital GmbH, the venture capital organisation of the Free State of Bavaria. Founded in 1995 as a wholly-owned subsidiary of the LfA Förderbank Bayern, it is one of the most active high-tech start-up and growth investors in the DACH- region. The new fund will support ambitious technology companies from Bavaria during particularly capital-intensive expansion phases as a co-investment partner, together with private investors, to realise large-volume financing rounds.