Bayern Kapital GmbH, based in Landshut, was founded on the initiative of the Bavarian government in 1995. It is a wholly-owned subsidiary of the Bavarian LfA Förderbank . As the venture capital organisation of the Free State of Bavaria, Bayern Kapital provides equity capital financing for young, innovative technology businesses and its founders in Bavaria. Currently, Bayern Kapital manages 13 investment funds with a total volume of around 500 million Euro. So far, it has invested roughly 330 million Euro in more than 280 innovative, technology-oriented companies in various sectors including life science, software & IT, materials and new materials, nanotechnology and environmental technology. In this way, more than 7,500 long-term jobs in sustainable companies have been created in Bavaria.