Investors

Investors backing tech startups in Germany

42 venture funds based in Germany invest in tech, 9 of them backed by the European Investment Fund. Most also back companies holding EU grants, and the EIC expects co-investors.

All investors in Germany

The funds

btov PartnersBerlin · €250M · seed, seriesa · EIF-backedbtov Partners is a pan-European venture capital firm headquartered in Berlin that backs digital and industrial technology companies at seed and Series A. Its Industrial Tech Fund closed at EUR 100M in 2019 to invest in…
Cherry VenturesBerlin · €500M · seed, seriesa · EIF-backedCherry Ventures is a Berlin-based early-stage venture firm founded in 2013. Its Fund IV is a EUR 500M vehicle that backs seed and Series A startups across Europe, spanning generalist and deep-tech sectors, and is backed…
UVC PartnersMunich · €300M · seriesa, seriesb · EIF-backedDeep tech specialist. University spin-offs from TU Munich, Max Planck, Fraunhofer. Hard science with commercial…
& Co. KG Green Generation Fund GmbH & Co.EIF-backedGreen Generation Fund is a German venture fund investing in companies tackling climate and resource challenges, across themes such as digital agriculture, food, industrial decarbonisation and AI. It is backed by the…
Alpine Space Ventures Fund I GmbH & Co. KGMunich · €170M · early · EIF-backedAlpine Space Ventures Fund I is a space and deep-tech fund managed by Alpine Space Ventures, based in Munich, Germany. It closed at EUR 170 million and backs early-stage companies in the satellite and space economy,…
Cherry Ventures Fund II GmbH & Co. KGEIF-backedCherry Ventures Fund II is an early-stage technology fund managed by Cherry Ventures, the Berlin-based firm founded in 2012 by former operators from companies such as Zalando. This 2018-vintage fund backs early-stage…
CMF-Finch CapitalEIF-backedCMF-Finch Capital is a technology fund managed by Finch Capital, a European growth-equity firm founded in 2013 that focuses on fintech and business software. Finch invests in B2B software companies headquartered in the…
Creathor Venture Fund III (SCS) SICARBad Homburg · EUR 80M · early · EIF-backedCreathor Venture Fund III is an early-stage technology fund managed by Creathor Ventures, a German venture firm based in Bad Homburg. It closed at EUR 80 million in 2012 and backs high-tech startups across Germany,…
Vsquared Ventures II GmbH & Co. KG€214M · EIF-backedVsquared Ventures II is an early-stage deep-tech fund managed from Munich, Germany. It backs European companies in fields such as industrial technologies, semiconductors and space, writing tickets of roughly EUR 0.5-5M,…
42CAP IV GmbH & Co. KG42CAP IV GmbH & Co. KG is the fourth fund of 42CAP, a Munich-based early-stage venture capital firm founded in 2016. The fund, raised in 2025 at around EUR 50M, writes EUR 0.5M to 3M seed tickets into European…
Acton Fund V GmbH & Co. KGMunich · €193M · growthActon Fund V is a growth-stage technology fund managed by Acton Capital Partners, based in Munich, Germany. The fund closed at roughly EUR 193M (USD 215M) in 2019 and backs tech-enabled business models in Europe and…
Atlantic Labs Co-Invest III GmbH & Co. KGAtlantic Labs Co-Invest III is a co-investment fund managed by Atlantic Labs in Berlin, Germany. It invests alongside Atlantic Labs' early-stage strategy, with exposure to industrial and space-technology…
Atlantic Labs German Growth GmbH & Co. KGBerlinAtlantic Labs German Growth is a technology fund managed by Atlantic Labs in Berlin, Germany. Atlantic Labs is an early-stage investor focused on the ICT sector, writing tickets that range from small pre-seed cheques up…
Atlantic Labs Growth I GmbH & Co. KGgrowthAtlantic Labs Growth I is a German growth-stage technology vehicle managed by Atlantic Labs Manager GmbH. Atlantic Labs is a Berlin-based firm founded in 2013 that backs early-stage tech companies across climate,…
Atlantic Labs III GmbH & Co. KGBerlin · preseed, seed, seriesaAtlantic Labs III is a tech-focused venture fund managed by Atlantic Labs in Berlin, Germany. Atlantic Labs is an early-stage firm founded in 2008 that backs companies from pre-seed onward, with past investments…
btov Growth I SCS, SICARgrowthbtov Growth I is a growth-stage fund managed by b2venture (formerly btov Partners and b-to-v Partners), a venture firm founded in 2000 with teams in St. Gallen, Berlin, Munich and Luxembourg. It backs European…
Cherry Ventures Opportunities II GmbH & Co. KGBerlinCherry Ventures Opportunities II is a later-stage opportunity fund managed by Cherry Ventures Management GmbH in Berlin, Germany. It makes follow-on investments into the firm's stronger technology companies at Series B…
CMF-Cipio PartnersMunich · growthCMF-Cipio Partners is a technology-focused fund managed by Cipio Partners, a growth equity firm headquartered in Munich, Germany with an office in Luxembourg. Founded in 2003, Cipio backs European growth-stage software…
CMF-DN Capital - Global Venture Capital IVLondon · earlyCMF-DN Capital - Global Venture Capital IV is an early-stage technology fund managed by DN Capital, an international firm headquartered in London with offices in Berlin and Menlo Park, California. The fund backs seed,…
CMF-Holtzbrinck Ventures Fund IVMunichCMF-Holtzbrinck Ventures Fund IV is a technology venture fund managed by HV Holtzbrinck Ventures (now HV Capital), based in Munich, Germany. The firm backs European software, fintech, healthcare and consumer-tech…
CMF-HV Capital COCO Growth Fund GmbH & Co. geschlossene Investment KGMunichThis vehicle is managed by HV Capital Manager GmbH, the German venture firm formerly known as HV Holtzbrinck Ventures and based in Munich and Berlin. It is a technology-focused fund (ICT) investing in European digital…
CMF-HV Holtzbrinck Ventures Co-investment Fund IMunichCMF-HV Holtzbrinck Ventures Co-investment Fund I is a co-investment vehicle managed by HV Holtzbrinck Ventures (now HV Capital), one of Germany's largest technology investors, based in Munich and Berlin. It backs…
CMF-Iris CapitalCMF-Iris Capital is a technology venture fund managed by Iris Capital Management, the pan-European venture and growth firm with offices in Paris, Berlin, Munich, San Francisco, Tel Aviv, Tokyo and Dubai. Iris Capital…
CMF-LakestarCMF-Lakestar is a technology fund managed by Lakestar Advisors GmbH, part of the pan-European venture firm Lakestar founded in 2012 by Klaus Hommels. Lakestar invests across early to growth stages in sectors such as AI,…
Cusp Capital Fund 2021 GmbH & Co. KGCusp Capital Fund 2021 is a technology fund managed by Cusp Capital Partners GmbH, a German venture capital firm. It backs early-stage technology and digital companies and is categorised by the European Investment Fund…
e.ventures Co-Invest I GmbH & Co. KGe.ventures Co-Invest I is a co-investment vehicle originally managed by e.ventures Managementgesellschaft mbH in Germany. e.ventures rebranded as Headline in 2021 and continues to back technology (ICT) companies; this…
e.Ventures Europe V GmbH & Co. KGHamburg · earlye.Ventures Europe V is an early-stage technology fund managed by e.ventures (now part of Headline), based in Germany. The 2016-vintage fund backs European software and internet startups, with the European Investment…
GmbH & Co. KG eCapital V Technologies Fonds GmbHeCapital V Technologies is a technology growth fund managed by eCapital Entrepreneurial Partners, a German firm investing in expansion-stage technology companies. It is among the funds supported by the European…
HPE Co-Investment Fund C.V. Digital Growth Fund I GmbH & Co. KGHPE Digital Growth Fund I is a German growth-stage technology fund advised by HPE Management. It is an EIF-backed co-investment vehicle focused on the ICT sector, investing in digital and software-driven companies. The…
HV Capital COIFacility 2 GmbH & Co. KGHV Capital COIFacility 2 is a co-investment vehicle managed by HV Capital Manager, the Munich- and Berlin-based venture firm formerly known as HV Holtzbrinck Ventures. It co-invests alongside HV Capital's main funds in…
HV Holtzbrinck Ventures Fund VI SCSMunichHV Holtzbrinck Ventures Fund VI is an early-stage and growth technology fund managed by HV Capital (formerly HV Holtzbrinck Ventures), based in Munich, Germany. The fund closed in 2015 at around EUR 285M and backs…
HV Holtzbrinck Ventures Fund VII GmbH & Co. geschlossene Investment KGMunich · EUR 300MHV Holtzbrinck Ventures Fund VII is a technology venture fund managed by HV Capital (formerly HV Holtzbrinck Ventures) in Germany. It invests across early and growth stages in European internet and software companies.…
Maguar Capital GmbH & Co. KGMaguar Capital is a technology-focused fund managed by Maguar Capital Management GmbH, a German private equity firm specialising in B2B software. It invests in established software companies and is categorised by the…
Matterwave Industrial Technologies II GmbH & Co. KGearlyMatterwave Industrial Technologies II is an early-stage venture fund managed by Matterwave Ventures, based in Munich. It invests across Europe in deep-tech and industrial technology companies, covering areas such as AI,…
Neuhaus III GmbH & Co.KGHamburg · earlyNeuhaus III is a technology fund managed by Neuhaus Partners GmbH, a venture capital firm founded in 1998 and based in Hamburg, Germany. It backs early-stage German ICT, software, internet and telecommunications…
Nucleus Capital Fund II GmbH & Co. KG Prime Green Energy InfrastructureNucleus Capital Fund II (Prime Green Energy Infrastructure) is a Germany-based fund managed by Nucleus Capital Fund Management GmbH. It targets the energy transition and environmental sustainability, investing in green…
Project A Co-Invest I GmbH & Co. KG Atlantic Labs IV GmbH & Co. KGBerlinThis is a co-investment vehicle linked to Project A Ventures and Atlantic Labs, two Berlin-based early-stage technology investors. It backs European tech startups, with Project A managing over EUR 1.2 billion and…
Project A Ventures II GmbH & Co KGBerlin · earlyProject A Ventures II is an early-stage technology fund managed by Project A Ventures in Berlin, Germany. Project A was founded in 2012 and backs pre-seed and seed startups across software, fintech, e-commerce and B2B,…
Target Partners Fund III GmbH & Co. KGMunichTarget Partners Fund III is an early-stage technology fund managed by Target Partners GmbH in Munich, Germany. The firm backs B2B tech startups across software, internet, semiconductors and medical technology, typically…
Target Partners Opportunities Fund I GmbH & Co. KGseed, earlyTarget Partners Opportunities Fund I is managed by Target Partners GmbH, a Munich-based venture capital firm founded in 1999 with around EUR 300M under management. The firm invests in seed and early-stage technology…
UVC Growth Opportunities Fund I GmbH & Co. KGMunichUVC Growth Opportunities Fund I is a growth-stage technology fund managed by Unternehmertum Venture Capital Partners (UVC Partners), based in Munich, Germany. UVC Partners backs European B2B tech startups in enterprise…
WF World Fund I GmbH & Co. KGBerlinWF World Fund I is the debut fund of World Fund, a Berlin-based climate tech venture capital firm. It invests in European startups that can deliver significant emissions reductions across energy, food and agriculture,…

EU funding startups in Germany can add to a round

Programmes a tech startup in Germany can apply to alone, at prototype stage. Your answers may differ: the grant finder checks your exact case.

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Investors backing tech startups in Germany

The funds

EU funding startups in Germany can add to a round

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