The firm, established on the initiative of the Federal State of Mecklenburg-Western Pomerania, funds innovation-driven technology companies in their startup or early growth stage. GENIUS has financed 25 companies with a total of around 70 million euros, in addition to managing two venture capital funds on behalf of the Ministry of Economics, Employment and Health of the State Mecklenburg-Western Pomerania. Their investment focus is on the information and communication technology, environmental technology, energy and mechanical engineering sectors. Headquartered in Schwerin, Germany, GENIUS Venture Capital has been in operation since 1998.