Germany saw the highest amount of venture capital investment in recent years. Achieving a year-on-year growth of over 200%, Germany's startup ecosystem is getting bigger and hotter. With a strong innovative culture, highly trained talent, and access to financing and large markets, Germany provides the ideal environment for entrepreneurs to grow. If you're planning to raise funds for your company, Germany offers abundant options accessible to fledgling enterprises for both early-stage investments and later-stage growth capital. This article provides a comprehensive list of VC funds and angel investors in Germany that may be the right funding partner for you.
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Venture Capitalist Funds in Germany
The venture capitalist funds below are actively looking for investments in promising companies throughout various stages and sectors. The stages stated do not limit the possibility of getting funding if your company is at any stage other than what is listed.
Year of Inception: 2016
Stage: Pre Seed, Seed
Focus: Analytics & BI, Cybersecurity, Dev tools & infrastructure, Finance & Insurance, Health, HR, Manufacturing & Industrial, Mobility, Supply Chain & Logistics, Sustainability
Notable Portfolio: Axiom, Lakera, Orbital Materials, Wayve
Year of Inception: 2015
Stage: Pre Seed, Seed
Focus: Software
Notable Portfolio: Actio, Aleph Alpha, Clarisights, Flip, Origin, Planetly
Year of Inception: 2013
Stage: Pre Seed, Seed
Focus: Sector Agnostic
Notable Portfolio: Delivery Hero, Personio, Hellofresh
Year of Inception: 2009
Stage: Pre Seed, Seed
Focus: B2B Tech
Notable Portfolio: Stripe, Pipedrive, Vue Storefront, Procuros
Year of Inception: 2012
Stage: Pre Seed, Seed, Series A
Focus: Technology
Notable Portfolio: Spryker, sennder, Trade Republic, Kry
Year of Inception: 2018
Stage: Pre Seed, Seed, Series A
Focus: Advertising AR/VR Business Software Community and Lifestyle Consumer Electronics Consumer Goods Data and Analytics E-Mobility Education eSports and Gaming FinTech Food and Beverage Health Care Human Resources Information Technology Manufacturing Marketing and Sales Media, Entertainment and Publishing Music and Audio Navigation and Mapping Professional Services Proptech Science and Engineering Security and Privacy Sports Transportation Travel and Tourism web3
Notable Portfolio: Vendimo, Emocional, Nuvo, Datacy
Year of Inception: 2013
Stage: Pre Seed, Seed, Series A
Focus: Technology
Notable Portfolio: Staffbase, LeanIX, parcelLab, Getsafe
Year of Inception: 2015
Stage: Pre Seed, Seed, Series A
Focus: Real Estate, Finance & Insurance, Human Resources, Renewable Energy, Mobility, E-Commerce, Health
Notable Portfolio: Personio, Kin, Clara, Aspire, Home24
Year of Inception: 2011
Stage: Seed
Focus: B2B SaaS, B2B Marketplaces
Notable Portfolio: Cibando, DigitaleSeiten, Helpling, Solarize, Westwing
Year of Inception: 2012
Stage: Seed
Focus: Climate, Consumer, Fintech, Healthtech, Industry, Interactive Entertainment, Lifestyle, Mobility, SaaS
Notable Portfolio: Bunch, Cauldron, Weld, Mondu, Cazoo
Year of Inception: 2016
Stage: Seed, Series A
Focus: FoodTech
Notable Portfolio: Formo, WNWN Food Labs, Mushlabs, Sanity Group
Year of Inception: 2017
Stage: Seed, Series A
Focus: Deep Tech
Notable Portfolio: Zama, Molecule, ElectricSQL, Codavel
Year of Inception: 2006
Stage: Seed, Series A
Focus: Smart Cities, Future of Commerce, Digital Lifestyle
Notable Portfolio: Horizn Studios, reINVENT, Yumbau
Year of Inception: 2019
Stage: Seed, Series A
Focus: Blockchain
Notable Portfolio: Asvin.io, Trality, Breach Insurance, License Rocks
Year of Inception: 2008
Stage: Seed, Series A
Focus: Healthcare, Ophthalmic and Cardiovascular Diseases
Notable Portfolio: Caterna, Emperra, Miracor Medical
Year of Inception: 2003
Stage: Seed, Series A
Focus: Technology, Software
Notable Portfolio: Enode, Mason, Tesseract, Spotify, Kry
Year of Inception: 2011
Stage: Seed, Series A
Focus: B2B, Enterprise Software, Mobility, Industrial Technologies
Notable Portfolio: Forget Finance, Kooky, FLIX Mobility, TWAICE
Year of Inception: 2019
Stage: Seed, Series A, Series B
Focus: B2B
Notable Portfolio: Secjur, Localyze, Ledgy, Tacto
Year of Inception: 1999
Stage: Seed, Series A, Series B
Focus: Sustainable Technologies, Enterprise Software, Internet of Things, New Materials And Advanced Production, Technologies Cybersecurity
Notable Portfolio: Sonnen, BrighterAI, OX, Creapaper, Rhebo
Year of Inception: 2012
Stage: Seed, Series A, Series B, Series C
Focus: Technology, Edtech, Proptech, Business Software, Mobility, Tech-enabled Consumer, Fintech, Healthtech
Notable Portfolio: Cazoo, Dreamlines, Gett, Revolut
Year of Inception: 1997
Stage: Seed, Series A, Series B, Series C
Focus: Technology
Notable Portfolio: N26, fintechOS, Miracor Medical, Hazelcast
Year of Inception: 2005
Stage: Seed, Series A, Series B, Series C
Focus: Technology, Digital Tech, Industrial Tech, Life Sciences, Chemistry and related business areas
Notable Portfolio: Asana Rebel, Comodule, Visiolab, Instagrid
Year of Inception: 2000
Stage: Seed, Series A, Series B, Series C
Focus: Digital Tech, Industrial Tech
Notable Portfolio: DeepL, SumUp, Ledgy
Year of Inception: 2000
Stage: Seed, Series A, Series B, Series C
Focus: eCommerce, Enterprise, Consumer, FinTech, B2B, Travel, Education, Mobility, Healthcare, Retail
Notable Portfolio: Enpal, DeliveryHero, Zalando, Penta
Year of Inception: 2016
Stage: Seed, Series A, Series B, Series C
Focus: Technology
Notable Portfolio: Deel, Personio, Pulley, Groq
Year of Inception: 1995
Stage: Seed, Series A, Series B, Series C
Focus: Technology, BioTech, Mechanical Engineering and Materials, Software and IT, Environmental and Nanotechnology
Notable Portfolio: Deep Drive, Immunic Therapeutics, Sirion Biotech, Erium
Year of Inception: 2000
Stage: Seed, Series A, Series B, Series C
Focus: Sector Agnostic
Notable Portfolio: NewtonX, InstaFreight, Klarna, Enpal
Year of Inception: 2016
Stage: Seed, Series A, Series B, Series C
Focus: Fintech, Insurtech, Online Marketplaces, Software
Notable Portfolio: Risk42 Software, Zizoo, Eduki
Year of Inception: 2013
Stage: Seed, Series A, Series B, Series C
Focus: Energy, Industrial, Commerce, Security, Digital Health, Mobility, Finance, IT, Real Estate & Construction, Business Software, Fintech, InsurTech, Manufacturing & Industry 4.0, Marketing, Media, Mobility & Logistics
Notable Portfolio: About You, Givve, Carbon Health, Lockerverse, Robinhood
Year of Inception: 2002
Stage: Seed, Series A, Series B, Series C
Focus: B2B Tech
Notable Portfolio: Aleph Alpha, Codesphere, Intranav, Workwise
Year of Inception: 2007
Stage: Series A
Focus: Space Tech
Notable Portfolio: Tensor, OroraTech
Year of Inception: 2016
Stage: Series A
Focus: Computation and Engineering, Programmable Biology, Web 3.0, Knowledge and Data
Notable Portfolio: Meatable, Visolis, Pitch, Wonder, Chemify, Kiln, Cryptio
Year of Inception: 2016
Stage: Series A, Series B, Series C
Focus: Enterprise
Notable Portfolio: Apollo, Deepscale, Metadata.io, Locus, Turvo
Year of Inception: 2010
Stage: Seed, Series A
Focus: Immunomodulation, esp. Immuno-Oncology, Tissue Regeneration, New Therapeutic Modalities, Microbiome Antiinfectives, Patients Care Management, Medication Adherence, Digital Companion Therapy, Digital Therapy
Notable Portfolio: Aelin Therapeutics, Bodyport, HepaRegenix, Nuevocor
Year of Inception: 1997
Stage: Seed, Series A, Series B, Series C
Focus: Consumer & Digital Healthcare, Industrial Technologies, Software & IT
Notable Portfolio: Dalia, Scopsis, Thermondo, Babbel
Year of Inception: 2015
Stage: Seed, Series A, Series B, Series C
Focus: Travel
Notable Portfolio: Zizoo, TravelCircus, Holidu, Inflow
Year of Inception: 2013
Stage: Series A, Series B, Series C
Focus: Financial Services, FinTech, InsurTech
Notable Portfolio: Stripe, WeLab, BIMA, N26
Year of Inception: 2022
Stage: Seed
Focus: B2B Tech
Notable Portfolio: Ankaadia, desk.ly
Angel Investors in Germany
The Angel investors listed below are part of an Angel community located throughout Germany. They may act as an individual or as a syndicate to fund projects of their preference, so these networks are the best opportunity for you to find a potential Angel with an aligned vision and interests.
Stage: Seed
Focus: Sector Agnostic
Notable Portfolio: -
Stage: Seed, Series A
Focus: Sector Agnostic
Notable Portfolio: -
Stage: Pre Seed, Seed
Focus: Sector Agnostic
Notable Portfolio: Avocargo, Everjump, Flowciety, Aumio
Stage: Seed, Series A
Focus: Technology
Notable Portfolio: -
Stage: Seed, Series A
Focus: Technology
Notable Portfolio: Bentek, Carbon Stack, Flip, Maklaro
Stage: Seed, Series A
Focus: Sector Agnostic
Notable Portfolio: Oqmented, For Eyes, Emmora, IO-Dynamics
Stage: Series A
Focus: ICT, Life Sciences, Medtech, Health, Agro/Food, Cleantech
Notable Portfolio: -
Closing Thoughts on VCs and Angel Investors in Germany
With easy access to financing, a highly qualified workforce, closeness to markets, a friendly startup community, and a strong emphasis on R&D; Germany has the true makeup of a thriving startup ecosystem. Given a lot to offer for startups, the country is well-positioned to support startups to become future success stories.
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Frequently Asked Questions on VCs and Angel Investors in Germany
What characterizes Germany's venture capital ecosystem?
Germany's VC landscape combines strong institutional investors like High-Tech Gründerfonds with active private funds such as Earlybird and Project A Ventures. The ecosystem is supported by government initiatives through KfW and regional development banks, alongside a robust network of corporate venture arms from companies like BMW i Ventures and Siemens Next47.
How do German angel investors structure their investments?
German business angels typically invest through the KfW-supported INVEST program, which offers tax incentives and acquisition grants. Individual investments usually range from €50,000 to €250,000, with many angels organizing in networks like Business Angels Netzwerk Deutschland (BAND) for syndicated deals and knowledge sharing.
Which regions are most active for VC investment in Germany?
Berlin leads as Germany's primary startup hub, followed by Munich and Hamburg. Each region has distinct sector strengths: Berlin for consumer tech and fintech, Munich for deep tech and mobility, and Hamburg for e-commerce and logistics. The Rhine-Main region, particularly Frankfurt, is emerging as a fintech investment center.
What are the typical investment stages and ticket sizes in the German market?
Early-stage investments typically range from €500,000 to €3 million, with later-stage rounds often exceeding €10 million. Growth-stage funding is increasingly available through specialized funds like Digital+ Partners and international VCs with German offices. Corporate venture capital plays a significant role in Series B and beyond.
Which sectors attract the most attention from German investors?
German VCs and angels show particular interest in B2B software, industrial tech (Industry 4.0), mobility solutions, and sustainable technology. The country's industrial heritage has created strong opportunities in manufacturing tech, IoT, and enterprise software, while emerging sectors like digital health and green technology are gaining significant traction.
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