27 Best Venture Capital (VC) Firms in Germany

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If you’re on the hunt for venture capital in Germany, you’re in luck. In this article, we’re zeroing in on 27 of the top VC firms that are making waves in the German startup scene.

These firms aren’t just about funding; they’re about fostering innovation and turning ambitious ideas into market leaders. We’ll dive into what sets each firm apart, from their investment strategies to their success stories. So, let’s dive right in:

Lunar Ventures

Lunar Ventures is a deep-tech, seed-stage venture fund based in Berlin, Germany. Also known as Berlin Innovation Ventures, the firm was founded in 2017 and focuses on investing in algorithms and infrastructure software startups. The fund is particularly active in the realms of artificial intelligence (AI), machine learning, blockchain, and related technologies.

Headquarters: Germany

Investment Geography: United Kingdom, United States, Germany, Croatia, Spain, Portugal, Austria, France, Belgium, Singapore, Finland.

Operating since: 2017

Investment Focus: Deep Tech Software, Artificial Intelligence, AI/ML, Dev Tools, HealthTech, FinTech, Blockchain, SaaS, Enterprise, B2B.

Stages: Pre-seed, Seed, Series A.

Number of investments: 26

Number of exits: 0

Check size: $500K – $5M

Notable investments: Deepset, Hathora.

Founders/Key People: Mick Halsband, Alberto Cresto

Website: https://lunar.vc

42CAP

42CAP is a VC firm that specializes in seed and pre-seed investments. They are known for their focus on seed-stage technology and data-driven B2B software companies. Their investment strategy is particularly tailored towards companies with the potential for global expansion, especially in the SaaS and gig economy sectors. 42CAP generally engages in 2 to 6 deals every year, with deals in the range of 5 to 10 million dollars being common for the fund. 

Headquarters: Germany

Investment Geography: Germany, Europe 

Operating since: 2016

Investment Focus: Data-Driven B2B (Software/SaaS, Marketplaces, Data-Driven Business Models, DeepTech, Artificial Intelligence)

Stages: Seed, Series A

Number of investments: 72

Number of exits: 2

Check size: $500k – $3million

Notable investments: e-bot7, Packlink, Allcyte

Founders/Key People: Thomas Wilke, Alex Meyer

Website: https://www.42cap.com 

Acton Capital

Acton Capital is a VC firm based in Munich with a focus on investing in tech startups across Europe and North America. Regarding their financial moves, Acton Capital announced the closing of its sixth venture capital fund at €225 million in November 2023, aimed at investing in tech-enabled businesses in legal technology, hybrid work, cybersecurity, and AI-driven solutions.

Headquarters: Germany

Investment Geography: Germany, USA, Canada, UK, France, Sweden, Russia, Netherlands, Israel, Finland, Switzerland, Estonia, Belgium

Operating since: 1999

Investment Focus: Tech-enabled Business Models (Platform/Marketplaces, Enterprise/B2B Services, Software/SaaS, AdTech, Consumer Health, Consumer Internet, E-commerce, Consumer Brands, D2C) 

Stages: Series A, Series B, Series C

Number of investments: 122

Number of exits: 57

Check size: $10m-15m

Notable investments: Clio, Etsy

Founders/Key People: Dominik Alvermann, Dr. Hannes Blum

Website: https://actoncapital.com 

AM Ventures

Founded in 2015 and based in Starnberg, Germany, AM Ventures is a VC firm specializing in the commercial services, software, and 3D printing sectors. Known for its focus on additive manufacturing, the firm invests in industrial 3D printing innovations that are set to transform the world. AM Ventures is recognized as a leading venture capital firm in the industrial 3D printing space and has quickly grown an extensive portfolio of companies across seven countries​.

Headquarters: Germany

Investment Geography: Germany, USA, Switzerland, Sweden, Austria, UK, Australia

Operating since: 2015

Stages: Seed, Series A, Series B

Investment Focus: Advanced Manufacturing Technologies, Additive Manufacturing (3D Printing, Automation, Hardware, Software, Material) 

Number of investments: 33

Number of exits: 4

Check size: €500k to €3m

Notable investments: DyeMansion, 

Founders/Key People: Philip Schultheiss, Arno G. Held

Website: https://www.amventures.com 

Amplifier

Amplifier is an early-stage venture capital fund focusing on the industrial, logistics, and mobility sectors to transform the supply chain. Based in Berlin, Germany, Amplifier has made 19 investments to date. 

Headquarters: Germany

Investment Geography: Germany, USA, UK, Ireland, Spain.

Operating since:  2016

Stages: Seed, Series A

Investment Focus: Supply Chain (Disruptive Mobility and Logistics Tech, Trade Finance, Smart Enterprise Software, AI, Deep Learning, Autonomy,Robotics, IoT Supply Chain Traceability, LastMile Optimisation)

Number of investments: 19

Number of exits: 0

Check size: $250k – $2m

Notable investments: Hive, Nautilus Labs

Founders/Key People: Christian Oldendorff, Henry Palmer

Website: https://amplifierlab.io/ 

Bayern Kapital

Bayern Kapital, a top VC firm based in Landshut, Germany, has been a cornerstone in the Bavarian high-tech sector since 1995. It specializes in nurturing young technology companies through various growth stages, including seed phase, scale-up, expansion, and internationalization. With a focus on innovative sectors like life sciences, software & IT, materials, new materials, nano, and environmental technology, Bayern Kapital plays a key role in transforming business ideas into global successes. 

Headquarters: Germany

Investment Geography: USA, Germany, France, Austria, Finland

Operating since: 1995

Stages: Seed, Series A, Series B, Series C

Investment Focus: Life Science, MedTech, Software & IT, New Materials, Nanotechnology, Environmental Technology

Number of investments: 319

Number of exits: 92

Check size: $250k – $30m

Notable investments: eGym, Commercetools

Founders/Key People: Wolfgang Härtl

Website: https://bayernkapital.de/en/ 

BlueYard Capital

BlueYard Capital primarily invests in seed-stage and later-stage companies. The firm is active in industries like cryptocurrency with a focus on companies that decentralize markets, empower users, and liberate data​​​​​​. The firm operates with a philosophy of backing founders with transforming ideas that have the potential to shift markets and empower users. BlueYard Capital has a global outlook and maintains a diverse portfolio of investments

Headquarters: Germany

Investment Geography: USA, UK, Germany, France, Netherlands, Switzerland, Sweden, Iceland, Canada, Israel, Slovakia

Operating since: 2016

Stages: Seed, Series A

Investment Focus: Blockchain, Software, Data (Decentralisation of Markets, Democratising Technology, Liberation of Data)

Number of investments: 94

Number of exits: 7

Check size: $500k – $10m

Notable investments: Pitch, Chemify

Founders/Key People: David Byrd, Ciaran O’Leary

Website: https://www.blueyard.com

Robert Bosch Venture Capital (CVC)

Robert Bosch Venture Capital GmbH (RBVC) is the corporate venture arm of Robert Bosch GmbH, focusing on investments in a wide range of technology sectors. RBVC prioritizes securing Bosch’s leadership in innovation, investing in companies that offer disruptive technologies or business models complementary to Bosch’s interests. Since its establishment in 2007, RBVC has been actively scouting for opportunities at startup conferences, trade fairs, and online, holding stakes in about 30 companies worldwide, with investments ranging from 5% to 25% equity. The firm’s investment strategy is not about acquiring startups but rather fostering growth and innovation through substantial financial backing and strategic partnerships, spreading investments across different industries, regions, and stages of development to minimize risks.

Headquarters: Germany (Stuttgart-Weilimdorf)

Investment Geography: Europe, North America (including USA) Israel, Mainland China

Operating since: 2007

Investment Focus: Automation & Electrification (Electronics & Power Electronics, Sensors, Actuators & MEMS Devices, Electric Systems, Autonomous Systems), Energy Efficiency (Generation & Energy Harvesting, Distribution & Storage, Energy Conversion & Management, Environmental Tech), Enabling Tech (Connectivity, Signal Processing & Interpretation, HMI, Modern Software, Web/Internet-based Business Models), Health Care (Patient Diagnostics, Pulmonary Conditions, Cancer, E-health Devices, Apps & Services)

Stages: Series A, Series B, Series C

Number of investments: 162

Number of exits: 33

Check size: $500k – $10m

Notable investments: Allegro, Arduino, Aclima

Founders/Key People: Yu Bai, Gitte Bedford

Website: https://bosch.ventures/ 

Earlybird Venture Capital

Earlybird Venture Capital, established in 1997, is a renowned venture capital investor concentrating on European technology innovators. The firm stands out as one of Europe’s most experienced venture investors, offering financial resources, strategic support, and access to an international network and capital markets. Earlybird manages four specialized teams, focusing on various geographies and sectors, with a total of EUR 2 billion under management. The firm’s investment range is between EUR 500k and 10 million.

Headquarters: Germany

Investment Geography: Germany, USA, Sweden, UK, Switzerland, France, Turkey, Ireland, Spain, Belgium, Italy, Finland, Austria, Israel, Czech Republic, Singapore, Netherlands, Australia, Liechtenstein, Norway

Operating since: 1997

Stages: Seed, Series A, Series B

Investment Focus: Enterprise Software, Big Data, ML, Data Analytics, DevTech, DevTools, E-Commerce, Fashion,FinTech,Gaming,Industrial Tech, IoT, LegalTech, Logistics, Mobility, Marketplaces, Digital Media,Real Estate,PropTech,Space,TravelTech,HealthTech,Digital Health, MedTech, Medical Devices,BioTech,Diagnostics,Biopharma

Number of investments: 404

Number of exits: 106

Check size: €500k – €10 million

Notable investments: Peak, Ottonova, Smava

Founders/Key People: Baturay Kaya, Jochen Kuest

Website: https://earlybird.com 

Signals VC

Signals VC Capital Partners, known as Signals Venture Capital, is a venture capital firm that primarily focuses on supporting visionary founders and top technology teams across Europe. Their main areas of investment include Seed and Series A stages, particularly in global enterprise software and tech sectors. The firm has a notable track record, with 36 investments and 3 exits to date, including significant companies like Bird, Circ, and Zenloop.

Headquarters: Germany

Investment Geography: Germany, United States, United Kingdom, France, Norway, Denmark, Israel.

Operating since: 2017

Investment Focus: B2B/Enterprise Software/SaaS (Automation, FinTech/InsurTech, MarTech, EdTech, Logistics).

Stage: Pre-Seed, Seed, Series A, Series B.

Number of investments: 36

Number of exits: 4

Check size: $1M – $6M

Notable investments: CoachHub, Circ

Founders/Key People: Christian F.

Website: https://signals.vc/

TA Ventures

TA Ventures is a venture capital firm specializing in early-stage investments in tech startups. Headquartered in Kiev, Ukraine, it focuses on companies in Central and Eastern Europe and the US. Founded in 2010, TA Ventures has a portfolio spanning sectors like SaaS, AI, e-commerce, and fintech. It has invested in over 120 companies, including recognizable names like Wrike, Rentberry, and Jiji. With a team experienced in entrepreneurship and technology, TA Ventures seeks promising founders with scalable business models and global potential.

Headquarters: Germany

Investment Geography: United States, Germany, India, United Kingdom, Spain, Ukraine, Italy, Russia, Switzerland, Israel, Canada, Brazil.

Operating since: 2010

Investment Focus: Digital Health, Mobility, Enterprise Software, FinTech, Consumer & Retail, Industrial Tech, PropTech, AdTech, EdTech, Travel

Stage: Pre-Seed, Seed, Series A, Series B.

Number of investments: 200

Number of exits: 42

Check size: $200K – $2M

Notable investments: Clark, Vroom

Founders/Key People: Richard Armstrong

Website: https://taventures.vc/

Vsquared Ventures

Vsquared Ventures is a venture capital firm based in Munich, Germany, focusing on early-stage deep-tech investments. The firm invests in various sectors including quantum and novel computing, green energy, robotics, artificial intelligence, machine learning, space technology, synthetic biology, and healthcare. Their investment approach emphasizes uncovering opportunities in areas typically associated with high technological risks, and they are committed to supporting the advancement of society through technology.

Headquarters: Germany

Investment Geography: Germany, United States, France, Lithuania, Finland, Spain, United Kingdom, Denmark, Norway.

Operating since: 2020

Investment Focus: DeepTech (New Space, Quantum Computing, New Materials, AI, Robotics, Enterprise SaaS/Software).

Stage: Pre-Seed, Seed, Series A, Series B.

Number of investments: 36

Check size: $200K – $5M

Notable investments: Group14, Isar Aerospace.

Founders/Key People: Michael Jobst

Website: https://vsquared.vc/

B2venture

b2venture is a venture capital firm with a knack for nurturing early-stage companies. They’re big on investing in the early stages of a company’s life. They’re all about spotting potential early and helping it grow​​. They’ve got a strong network of angel investors. This network spans tech and industry, bringing a load of expertise and hands-on support to the companies they invest in​​.

Headquarters: Germany

Investment Geography: USA, UK, Israel, Germany, Canada, Netherlands, Brazil, China, Switzerland, Mexico, Spain, Austria, Sweden, Italy, France, India, Finland, Turkey, Belgium, Japan, Malta, Poland, Ireland, Portugal, Australia

Operating since: 2000

Stages: Seed, Series A, Series B

Investment Focus: Digital Tech (Enterprise Software, Cloud Infrastructure, E-commerce, Logistics, TravelTech, Fashion, FoodTech, AI, ML, Data Analytics, Social Network, Digital Health, JobTech, CyberSecurity, Mobility, FinTech, Sports, EdTech, PropTech, LegalTech, Marketplaces), Industrial Tech (Industry 4.0, Resource Efficiency, Industrial AI, IoT, Enterprise Software, MedTech)

Number of investments: 356

Number of exits: 128

Check size: $250k – $5m

Notable investments: OrCam, AI21, XING

Founders/Key People: Chase Gummer, Jochen Gutbrod

Website: https://www.b2venture.vc/ 

Calvary Ventures

Calvary Ventures, unlike focusing on a particular vertical, concentrates on a specific stage of business development, notably the very early stages, often pre-product and pre-revenue. The firm looks for outstanding founding teams with a clear vision to build substantial companies in large markets, capable of developing amazing products. The firm is open to both priced rounds and convertibles, with interests in both the enterprise and consumer sectors.

Headquarters: Germany

Investment Geography: Germany, USA, UK, Ireland, Iceland, Austria, Mexico, Netherlands, Bulgaria, Switzerland, Poland, Canada

Operating since: 2015

Stages: Pre-Seed, Seed

Investment Focus: Advertising, Automation, Coaching, Communication, Consumer, Database, Enterprise, HealthCare, Food, Insurance, IoT, Legal, Logistics & Mobility, Mapping, Marketplaces, Mobile, Real Estate, SaaS, Security, Sustainability

Number of investments: 93

Number of exits: 13

Check size: $500k – $5m

Notable investments: Bryter, Forto

Founders/Key People: Jana Bunne, Rouven Dresselhaus

Website: https://www.cavalry.vc

Cherry Ventures

Cherry Ventures, founded in 2012, is based in Berlin, Germany. The firm predominantly invests in pre-seed and seed-stage startups in various sectors, including climate tech, consumer, fintech, health tech, industrials, interactive entertainment, lifestyle, mobility, and SaaS. Cherry Ventures is led by a team of entrepreneurs with experience in building fast-scaling companies like Zalando and Spotify. 

Headquarters: Germany

Investment Geography: Germany, USA, UK, Singapore, Switzerland, Sweden, Austria, Denmark, France, Finland, UAE, Indonesia, Israel, Poland, Australia, Spain, Netherlands

Operating since: 2012

Stages: Pre-Seed, Seed, Series A

Investment Focus: Consumer, FinTech, HealthTech, Industry 4.0, Enterprise, Lifestyle, Mobility, SaaS, TravelTech, FoodTech, AgTech, Logistics, Marketplaces

Number of investments: 232

Number of exits: 41

Check size: $300k – $3m

Notable investments: InFarm, Flink, 

Founders/Key People: Christian Meermann, Filip Dames

Website: https://www.cherry.vc 

Coparion

Coparion, founded in 2016, is a venture capital firm based in Cologne, Germany, focusing on early-stage investments in technology sectors across Germany. With assets under management of 275 million euros, Coparion supports the growth of young technology companies, particularly in areas where resources are scarce and opportunities are abundant. Its notable portfolio includes companies in various sectors such as digital health, fintech, and biotech. Their investment sweet spot is around 9 million Euros, ranging from 560K to 18 million Euros. 

Headquarters: Germany

Investment Geography: Germany, UK, Switzerland, Canada

Operating since: 2016

Stages: Seed, Series A

Investment Focus: FinTech, Crypto, InsurTech, HealthTech, BioTech, Biopharma, Therapeutics, Medical Devices, AI, ML, IoT, Robotics, Enterprise Software, EnergyTech, AutoTech, TravelTech, PropTech, Electric Vehicles, Construction Tech,3D Printing

Number of investments: 92

Number of exits: 13

Check size: $500k – $20m

Notable investments: Grover, FreshBooks

Founders/Key People: Stefan Martinez, David Zimmer

Website: https://www.coparion.vc/en 

ESOR Investments

ESOR Investments is a Frankfurt-based venture capital firm specializing in emerging technologies. They focus on areas like e-commerce, banking, logistics, waste management, agricultural technologies, and wearable technologies, emphasizing artificial intelligence and machine learning. ESOR Investments provides capital and extensive business support in business strategy development, software development, and legal, financial, and tax structuring. They primarily invest in companies located in Turkey, Europe, and Kenya and are dedicated to long-term partnerships with their portfolio companies.

Headquarters: Germany

Investment Geography: UK, USA, Turkey, Kenya

Operating since: 2016

Stages: Seed,Series A

Investment Focus: Enterprise (IT Software,Telecom Software)

Number of investments: 15

Number of exits: 2

Check size: $100k – $5m

Notable investments: Segmentify, Prisync

Founders/Key People: Ozan Aslan, Sevki Kuyulu

Website: https://www.esor.investments 

High-Tech Gründerfonds

High-Tech Gründerfonds (HTGF) is a venture capital firm based in Bonn, Germany, focusing on seed investments in high-tech start-ups. Established as a public-private partnership, it involves the Federal Ministry of Economics and Technology, KfW Banking Group, and various industrial groups among its investors. HTGF is known for its early-stage investments, typically injecting around €600,000 in the seed stage and up to €3 million in subsequent rounds for portfolio companies. The fund has about €886 million under management across three funds and a portfolio comprising approximately 490 companies, including notable names like Trademob, 6Wunderkinder, and Mister Spex​​​​.

Headquarters: Germany

Investment Geography: Germany, USA, Brazil, Switzerland, United Kingdom, France, Laos, Netherlands, Belgium, Austria, Estonia, Finland, Denmark, Portugal, Russia, Spain, Sweden, Norway, Italy, Mauritius, Slovenia

Operating since: 2005

Stages: Seed, Series A

Investment Focus: Chemistry (3D Printing, Surface Tech, New Materials, AgTech, Food, Health, BioTech, R&D Processes, Sensors, Sustainability, Energy, CleanTech), Digital Business Models (FinTech, Blockchain, E-commerce, Mobility, JobTech, PropTech, LegalTech, MarTech, AdTech, TravelTech, Digital Media, AI, Data Analytics, Infrastructure, Communication, DevTools, CyberSecurity, Productivity-Tools, RetailTech, Search, Social, Sustainability), Industrial Tech (Logistics, Software, VR, AR, Metrology, Semiconductors, Additive Manufacturing, EnergyTech, Micro Systems, Robotics, Security, Sensors), Life Sciences (Diagnostic, Digital Health, Green Biotech, MedTech, Pharmaceuticals, R&D Tools)

Number of investments: 1130

Number of exits: 374

Check size: €600k – €3m

Notable investments: MYR, Commercetools

Founders/Key People: Alex Frankenberg, Tanja Emmerling

Website: https://www.htgf.de/en/ 

HV CAPITAL

HV Capital is a venture capital firm established in 2000. Its focus is on supporting exceptional founders in building market-leading digital companies across Europe. It has a strong heritage, originating from Holtzbrinck, one of Europe’s largest publishing groups, which aligns with its mission to back daring visions from seed stage to exit. HV Capital has made significant strides in the venture capital landscape by investing in over 400 disruptors across various industries, leading to the creation of over 100,000 jobs. 

Headquarters: Germany (Munich, Germany)

Investment Geography: Germany, Europe

Operating since: 2000

Stages: Seed, Series A, Series B

Investment Focus: Enterprise Software, Cyber Security, E-commerce, RetailTech, LegalTech, EdTech, Music, JobTech, HRTech, Logistics, FinTech, InsurTech, FoodTech, AI, ML, AR, VR, Marketplaces, Digital Health, Fitness, HealthTech, Real Estate, PropTech, Digital Media, Sports, TravelTech, Dating, Social, Gaming, Fashion, AdTech, MarTech, Blockchain, Crypto, IoT

Number of investments: 458

Number of exits: 168

Check size: $690k – $69m

Notable investments: SumUp, JOKR, Sennder

Founders/Key People: Lars Langusch, Christian Saller

Website: https://www.hvcapital.com/ 

JOIN Capital

JOIN Capital, based in Berlin, Germany, focuses on early-stage investments in Industry 4.0 and enterprise tech. It supports deep tech startups in Europe to achieve significant growth, providing them with resources for early and next-stage traction. Their portfolio spans various sectors, including manufacturing, construction, and logistics. JOIN Capital aims to transform industries by backing technical teams that turn innovative ideas into reality, helping founders become leaders with a global outlook for addressing specific challenges​​.

Headquarters: Germany

Investment Geography: Germany, United Kingdom, Netherlands, Portugal, United States, Spain, Belgium, Switzerland, France, Türkiye, Finland, Italy

Operating since: 2015

Investment Focus: Enterprise Tech, Enterprise Software (AI, Smart Machines & Algorithms, Data Analytics, IoT, Cloud Computing).

Stages: Pre-Seed, Seed, Post-Seed, Series A, Series B+.

Number of investments: 35

Number of exits: 4

Check size: $1M – $10M

Notable investments: Codacy, CloudNC

Founders/Key People: Jan Borgstaedt

Website: https://www.join.capital/

Picus Capital

Picus Capital is an early-stage technology investment firm with a strong emphasis on a long-term investment philosophy. Based in Berlin, Germany, the company primarily focuses on daring technology companies, assisting them in building successful, global enterprises that challenge the status quo and shape the future. Its portfolio includes sectors like Proptech, Fintech, Enterprise, B2C/E-Commerce, Digital Health, and Climate.

Headquarters: Germany (Berlin)

Investment Geography: Latin America, Europe, USA, Asia Pacific 

Operating since: 2015

Investment Focus: Consumer Internet, FinTech & InsurTech, E-commerce, Digital Health, Mobility, B2B/Enterprise, SaaS/Software, Real Estate/PropTech, HRTech, Renewable Energy

Stages: Pre-Seed, Seed, Series A

Number of investments: 284

Number of exits: 26

Check size: $100k – $10m

Notable investments: Personio, Kin Insurance, Enpal

Founders/Key People: Robin Godenrath, Jeremias Heinrich, Alexander Samwer

Website: https://www.picuscap.com/ 

Point Nine Capital

Point Nine Capital, established in 2011 and headquartered in Berlin, Germany, is a venture capital firm specializing in various stages of investments, predominantly in the seed, late-seed/startup, early, and mid-venture stages. The firm focuses on technology sectors, including SaaS, marketplaces, lead generation, e-commerce, and mobile companies. They have a diverse geographical investment portfolio, including Australia, Austria, Canada, Finland, France, Germany, Italy, Latvia, the Netherlands, New Zealand, Norway, Slovenia, Spain, Sweden, Eastern Europe (with a focus on Poland), Central Europe, North America, and Russia.

Headquarters: Germany (Berlin)

Investment Geography: Germany, Australia, USA, Austria, Canada, Finland, France, Italy, Latvia, the Netherlands, New Zealand, Norway, Slovenia, Spain, Sweden, Poland, Russia.

Operating since: 2011

Investment Focus: B2B SaaS, B2B Marketplace, Enterprise Software

Stages: Seed, Series A, Series B+

Number of investments: 312

Number of exits: 84

Check size: $500k – $10m

Notable investments: Loom, NexHealth, Factorial, Intenseye, Tenderly, Algolia, Front

Founders/Key People: Christoph Janz, Louis Coppey, Pawel Chudzinski

Website: https://www.pointnine.com/ 

Project A

Project A is a venture capital firm that focuses on investing in digital companies poised to disrupt their respective industries. With over $1 billion in assets under management, their investment approach starts with seed to Series A stages, with initial investments ranging from $1 million to $10 million. They also reserve up to $30 million for future funding rounds. Beyond capital, Project A offers its portfolio companies exclusive operational support through a team of in-house experts covering various domains. Since 2012, they have invested in more than 100 companies.

Headquarters: Germany (Berlin)

Investment Geography: Germany, Sweden, UK, Netherlands, Denmark, Italy, Austria, Finland, France, Estonia, USA and Brazil

Operating since: 2012

Investment Focus: B2B/Enterprise,Software/SaaS, Commerce, Cyber Security, MarTech, Mobility & Logistics, PropTech, Manufacturing & Industry 4.0, FoodTech & AgTech, Consumer Internet, FinTech, EdTech, Digital Health, Digital Media, TravelTech

Stages: Seed, Series A

Number of investments: 234

Number of exits: 48

Check size: $200k – $10m

Notable investments: WorldRemit, Quantum-Systems, Catawiki

Founders/Key People: Christoph Rösler, Sam Cash

Website: https://www.project-a.com/ 

Superlyst Ventures

Superlyst Ventures is a venture capital firm based in Munich, Germany, focusing on seed-stage investments in technology-driven companies. Founded by Enrico Mickan and Gian-Marco Spinosa, the firm typically invests an average of $2.32 million per round, with about 1.5 investments per year. Their portfolio includes companies like Kertos and Meight, primarily investing in Germany and the software services sector​​.

Headquarters: Germany

Investment Geography: Portugal, Germany.

Operating since: 2021

Investment Focus: Technology, Consumer, Digital Health, E-commerce, Media, FoodTech, B2B, Software, Enterprise, Telecommunication, Travel.

Stage: Pre-Seed, Seed, Series A, Series B.

Number of investments: 3

Check size: $100K – $500K

Notable investments: Meight, Kertos

Founders/Key People: Gian-Marco Spinosa

Website: https://superlyst.vc/

SystemOne VC

System.One Venture Capital Firm is a prominent player in the venture capital landscape, focusing primarily on early-stage investments in technology startups. Founded by seasoned entrepreneurs, it has gained recognition for its strategic investments in promising companies across various sectors, including AI, biotech, and fintech. With a hands-on approach, System.One provides not only financial backing but also mentorship and operational support to help startups scale and succeed.

Headquarters: Germany

Investment Geography: Germany, United Kingdom, United States, Netherlands.

Operating since: 2016

Investment Focus: Enterprise Software, Cloud Infrastructure, AI, ML, Data Analytics, Blockchain, Cyber Security, Industry 4.0.

Stage: Pre-Seed, Seed, Series A, Series B.

Number of investments: 24

Check size: €100K – €2M

Notable investments: Prisma, DeepSet

Founders/Key People: Maximilian Claussen

Website: https://www.systemone.vc/

Target Global

Target Global is a venture capital firm founded in 2012, with offices in Berlin, London, Tel Aviv, and San Francisco. It focuses on early-stage investments in technology companies across Europe and the United States, primarily in sectors such as fintech, insurtech, digital health, and e-commerce. The firm has raised over $1 billion across its various funds and has backed notable startups like Delivery Hero, Auto1 Group, and Revolut. Target Global aims to support entrepreneurs with capital, expertise, and access to its extensive network to help them scale their businesses globally.

Headquarters: Germany

Investment Geography: Germany, United States, United Kingdom, Israel, Russia, Spain, Netherlands, Nigeria, France, Poland, Canada, Singapore.

Operating since: 2012

Investment Focus: FinTech, Online Platforms/Marketplaces, Travel, Software, Mobile, E-commerce

Stage: Pre-Seed, Seed, Series A, Series B.

Number of investments: 207

Number of exits: 23

Check size: $1M – $15M

Notable investments: Rapyd, Revolut.

Founders/Key People: Yaron Valler

Website: https://www.targetglobal.vc/

Tiny VC

TinyVC is a venture capital firm based in London, United Kingdom, founded in 2017. The firm specializes in investing in technology companies, primarily in the pre-seed and seed stages. Since its inception, TinyVC has backed over 350 companies, partnering with founders from the early stages. They differentiate themselves by providing investments with limited intervention and prefer early-stage investments.

Headquarters: United Kingdom

Investment Geography: United Kingdom, Germany, United States, Switzerland, France, Ireland, Spain, Finland, Austria, Iceland, Canada, Sweden.

Operating since: 2017

Investment Focus: B2B Enterprise SaaS/Software, FinTech, Consumer Internet, Digital Health.

Stage: Pre-Seed, Seed, Series A, Series B.

Number of investments: 103

Number of exits: 9

Check size: $100K – $1M

Notable investments: PayHawk, YuLife

Founders/Key People: Philip Moehring

Website: https://tiny.vc/

Conclusion

That’s a wrap on our tour of Germany’s top 27 VC firms. Each one brings something unique to the table, and your startup could be just what they’re looking for. For a startup, it should not be just about the funds; it’s about aligning with a partner who gets your vision and can help catapult your idea to new heights. With this guide, you’re better equipped to navigate the German VC scene and find a firm that resonates with your startup’s ambitions.

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