Bernhard Köhler

Investment Director bei Bayern Kapital GmbH

📍 Regensburg, Bavaria, Germany🔄 Updated September 2026💼 7 investments📅 8 years investing🗓 Last invested Apr 2024
VC🌍 Germany
7
Total investments
1
Early stage
1
Mid stage
5
Late stage
8y
Years active

Portfolio

7 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Board Observer
Apr 2024
Smart Reporting is a digital health start-up company based in Munich. It was founded by Prof. Dr. Wieland Sommer in 2015 as a spin-off company from the Ludwig-Maximilians University, Munich. Smart Reporting offers a digital health solution for structured medical reporting. Currently, more than 99% of medical reports are free-text. This poses severe problems to quality, reproducibility and efficiency in the healthcare system. Smart Reporting offers an intelligent software for physicians which improves quality and efficiency. The first platform was launched in radiology (www.smart-radiology.com) and supports radiologists in generating high-quality medical reports by applying guideline-compliant criteria in their reports. A template depicting the relevant criteria is filled in by the user; the corresponding report text is generated simultaneously. Additional information on the medical background is provided and all report data are stored in a highly granular database and can be fully analysed. The software can be seamlessly integrated into other systems and can be combined with speech recognition and speech commands. Further, Smart Reporting provides an ideal tool to integrate AI and image analysis algorithm into the clinical workflow.
Board Observer
May 2023
Reflex Aerospace, a NewSpace startup founded in 2021 and headquartered in Munich and Berlin, offers rapid, payload-centric, dual-use, secure-by-design small satellite solutions. They apply modern manufacturing advancements to a unique design process resulting in enhanced reliability, the highest-performing core avionics in class, and improved delivery times.
Board Observer
Mar 2022
Quantum Systems is the powerhouse of intelligent unmanned systems. As a leading dual‑use and defence technology company, we deliver multi‑domain solutions - on land, in the air, at sea, and in software - for government agencies and commercial customers worldwide. Quantum Systems is Europes highest valued dual-use scale up and a global leader in the development of intelligent unmanned systems. We supply mission-grade ISR, autonomy, and integrated mission solutions to military, government, and commercial customers. Quantum Systems products combine proven hardware, AI, and interoperable software to deliver persistent, reliable intelligence where it matters most.
Board Observer
Jul 2021
German Bionic is a European robotics firm that develops and manufactures smart power suits and other wearable technologies. It was the world’s first company to deliver connected exoskeletons for the workplace, applying self-learning and artificial intelligence to support lifting movements and prevent poor posture, and thereby becoming an intelligent link between humans and machines. The German Bionic smart power suits and wearables protect the health of workers and markedly reduce the risk of accidents and injury to consequently improve work processes. In recognition of this innovative technology, which puts people back at the center of Industry 4.0, German Bionic has received numerous awards, including the CES 2023 “Best of Innovation” Award, the Fast Company “Innovation by Design Award”, the German Entrepreneur Award, and a nomination for the prestigious Hermes Award at the Hannover Messe. German Bionic is headquartered in the USA and Germany with offices in Boston, Berlin, Augsburg, and Tokyo.
Board Observer
Sep 2018
iThera Medical develops and markets biomedical imaging systems based on a novel technology called Multispectral Optoacoustic Tomography (MSOT). MSOT utilizes the photoacoustic effect to visualize and quantify anatomical, functional and molecular information, in vivo, in deep tissue and in real time. Today, MSOT allows the study of disease processes on a molecular level as well as the analysis of pharmacokinetic and biodistribution properties for new substances in small animals. Recently, MSOT has been translated for clinical use and promises to become a valuable diagnostic tool for a variety of diseases, including melanoma, inflammatory bowel disease, neuromuscular disease, and breast cancer.
Board Member
Sep 2018
VEACT is developing applications, processes and products to improve sales success in the car trade market using data-based marketing. With our innovative software and our in-depth market knowledge, we make marketing and sales processes in the automotive industry more efficient. Our team has both many years of experience and in-depth industry knowledge, so we are the ideal partner in developing new, creative approaches. You can count on our knowledge: Numerous renowned trading groups on the German market already trust our expertise. VEACT is one of the most relevant start-ups in the automotive industry. Around 380,000 car dealerships and workshops with more than € 170 billion in aftersales revenue form our European target market. Hundreds of them are already using our web-based marketing suite successfully. We aim to expand our market position further in order to offer our customers even better and more comprehensive products and services.
Board Member
Jun 2018
With the motto ‘Testing Reality – Real users. Real devices. Real impact.’, Testbirds, a world-leading crowdtesting provider, helps clients create digital products that people really love. Testbirds’ crowdtesting services offer a comprehensive, high-quality testing experience adaptable to the individual needs of clients with a focus on the quality assurance and usability of digital products. It doesn’t matter if it’s apps, websites, Internet-of-Things applications (IoT) or the newest tech innovations – 1,000,000+ real users from all around the globe test on 1,500,000+ real devices in their real environment. Crowdtesting relies on unbiased real users, chosen to match any specific target group. Testbirds was founded in 2011 by Georg Hansbauer, Philipp Benkler and Markus Steinhauser. Today, the company has over 100 employees with its headquarters in Munich as well as offices in Amsterdam and London. Testbirds works with over 250 clients worldwide, which include large scale multi-national groups as well as small- to medium-sized enterprises and start-ups. Companies like BMW, Audi, Deutsche Telekom, Allianz, The Independent, and Western Union trust in Testbirds’ services to optimize their digital products.
Experience · 9 entries
All (9)
Investments (7)
Board (7)
2024
Board Observer
Apr 2024
Smart Reporting is a digital health start-up company based in Munich. It was founded by Prof. Dr. Wieland Sommer in 2015 as a spin-off company from the Ludwig-Maximilians University, Munich. Smart Reporting offers a digital health solution for structured medical reporting. Currently, more than 99% of medical reports are free-text. This poses severe problems to quality, reproducibility and efficiency in the healthcare system. Smart Reporting offers an intelligent software for physicians which improves quality and efficiency. The first platform was launched in radiology (www.smart-radiology.com) and supports radiologists in generating high-quality medical reports by applying guideline-compliant criteria in their reports. A template depicting the relevant criteria is filled in by the user; the corresponding report text is generated simultaneously. Additional information on the medical background is provided and all report data are stored in a highly granular database and can be fully analysed. The software can be seamlessly integrated into other systems and can be combined with speech recognition and speech commands. Further, Smart Reporting provides an ideal tool to integrate AI and image analysis algorithm into the clinical workflow.
2023
Board Observer
May 2023
Reflex Aerospace, a NewSpace startup founded in 2021 and headquartered in Munich and Berlin, offers rapid, payload-centric, dual-use, secure-by-design small satellite solutions. They apply modern manufacturing advancements to a unique design process resulting in enhanced reliability, the highest-performing core avionics in class, and improved delivery times.
2022
Investment Director
Apr 2022
As a hub of technology and innovation within Germany, Bavaria is one of the premier locations for up-and-coming high-tech companies and venture capital professionals in Europe. Since 1995, Bayern Kapital has been supporting young Bavarian technology companies with venture and growth capital, a long-term perspective and access to a wide-reaching network. As one of the most experienced and financially strong venture capital investors in the DACH region and Europe, we support companies from seed phase to exit or IPO – and throughout growth, scale-up, expansion and internationalization. With investments of up to EUR 50 million per company, we help Bavarian innovators turn their business ideas into internationally successful businesses.
Board Observer
Mar 2022
Quantum Systems is the powerhouse of intelligent unmanned systems. As a leading dual‑use and defence technology company, we deliver multi‑domain solutions - on land, in the air, at sea, and in software - for government agencies and commercial customers worldwide. Quantum Systems is Europes highest valued dual-use scale up and a global leader in the development of intelligent unmanned systems. We supply mission-grade ISR, autonomy, and integrated mission solutions to military, government, and commercial customers. Quantum Systems products combine proven hardware, AI, and interoperable software to deliver persistent, reliable intelligence where it matters most.
2021
Board Observer
Jul 2021
German Bionic is a European robotics firm that develops and manufactures smart power suits and other wearable technologies. It was the world’s first company to deliver connected exoskeletons for the workplace, applying self-learning and artificial intelligence to support lifting movements and prevent poor posture, and thereby becoming an intelligent link between humans and machines. The German Bionic smart power suits and wearables protect the health of workers and markedly reduce the risk of accidents and injury to consequently improve work processes. In recognition of this innovative technology, which puts people back at the center of Industry 4.0, German Bionic has received numerous awards, including the CES 2023 “Best of Innovation” Award, the Fast Company “Innovation by Design Award”, the German Entrepreneur Award, and a nomination for the prestigious Hermes Award at the Hannover Messe. German Bionic is headquartered in the USA and Germany with offices in Boston, Berlin, Augsburg, and Tokyo.
Show all 9 entries ↓
Investment activity
2018–2024 · 7 investments
2018320211202212023120241
Recent (last 2 years)Earlier