Landshut / Munich, Germany, 8 April 2020. Bayern Kapital, the venture capital organisation of the German State of Bavaria, together with co-investors High-Tech Gründerfonds (HTGF) and TEV, has successfully sold its stake in Munich-based software firm metoda. metoda is one of the leading providers of software-as-a-service solutions for real-time market analysis in online retail. The company’s new owner is Maxburg Capital Partners. The three early stage investors had taken up a stake in metoda together with several business angels as part of a seed funding round in 2013. In 2015, they reinforced their commitment to the company as part of a series A funding round.