30 Best Active Investors in Germany in 2024
The tech ecosystem in Germany has shown resiliency in spite of the crisis. To celebrate that, we compiled a list of the top investors in Germany, showcasing those who've demonstrated exceptional acumen, vision, and commitment to fostering innovation in the region.
This list is the result of tracking investment activity across +2,500 venture capital investors in Europe, and only includes funds that have invested in at least 5 startups in Germany in the past 12 months (not just investors with offices in Germany). Whether you're a budding entrepreneur seeking the right funding partner, an investor looking for co-investment opportunities, or simply curious about the financial powerhouses investing in Germany, this list provides invaluable insights into the region.
Last update to the database: Dec 24, 2024. See changelog.
Investor Rankings are calculated using our ÐÓ°ÉÔ´´ Score – a 1 to 100 score that uses quantitative and qualitative data points (like the size of their fund or the quality of the companies they invested in) to signal the strength behind an investor. A score closer to 100 indicates an investor is worth watching closely.
ÐÓ°ÉÔ´´ Scale
DownloadÐÓ°ÉÔ´´ Scale includes a comprehensive database of 1,000+ active European and global investors.
List of 30 top Germany VCs
Offices:
Berlin
Munich (HQ)
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Series D, Series E, Series F, Unknown
Check Size:
$100k - $250M
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in Germany:
Creandum is a venture capital that is interested in investing in early-stage ventures with innovative technology companies
Offices:
Stockholm (HQ)
Berlin
London
San Francisco
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Series D, Unknown
Check Size:
$100k - $1B
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in Germany:
Heartcore is a venture capital fund based in Copenhagen. They invest in startups at stages ranging from pre-seed to series F, with check sizes between $300,000 and $6 million. Heartcore focuses on industries including tech, health, real estate, finance, and entertainment. Their portfolio includes FlexAI, Zefir, Travel Perk, Podimo, and Taster. They aim to support founders in creating impactful consumer-focused brands, helping driven entrepreneurs turn their ideas into successful businesses.
Offices:
Copenhagen (HQ)
Berlin
Paris
Stockholm
Lisbon
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Series D, Series E, Series F, Unknown
Check Size:
$100k - $500M
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in Germany:
Edeka Venture Capital Fund, based in Hamburg, focuses on Series D investments in the e-commerce sector. Notable investments include Picnic. Edeka aims to support businesses meeting everyday shopping needs, reflecting their grocery market offerings in meat, deli, cheese, fruits, and vegetables. The team is experienced and provides knowledgeable support to clients, seeking partnerships with companies that align with their values.
Offices:
Hamburg
Investment Stage:
Series D
Check Size:
$500M - $1B
Industries:
Ecommerce
Top investments in Germany:
Offices:
Berlin (HQ)
Munich
London
Paris
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Series D, Series E, Series F, Unknown
Check Size:
$100k - $500M
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in Germany:
Finleap is a venture capital fund based in Berlin, specializing in finance-related fields. They support young companies by connecting them with investors, partners, and skilled professionals. Notable investments include solarisBank, Penta, and Element Insurance. Finleap focuses on businesses that enhance personal finance, insurance technology, and online payments at various funding stages. Known for integrating technology into financial services, finleap is a significant player in Europe’s startup ecosystem.
Offices:
Berlin (HQ)
Investment Stage:
Seed, Series A, Series B, Unknown
Check Size:
$100k - $30M
Industries:
Edtech, FinTech, Insuretech
Top investments in Germany:
Deutsche Bank is an investment bank, financial services company, and venture capital firm that focuses on investing in early-stage and emerging growth businesses.
Offices:
Frankfurt
Investment Stage:
Debt Financing, Pre Seed, Series F, Unknown
Check Size:
$2.5M - $1B
Industries:
FinTech, Hardware, AI
Top investments in Germany:
EQT Ventures is a multi-stage, sector-agnostic fund firm investing in entrepreneurs who are building the next generation of global winners
Offices:
No data available
Investment Stage:
No data available
Check Size:
$100k - $500k
Industries:
No data available
Top investments in Germany:
No data available
EQT Ventures is a multi-stage, sector-agnostic fund firm investing in entrepreneurs who are building the next generation of global winners
Offices:
Stockholm (HQ)
London
Berlin
Paris
San Francisco
Stockholm (HQ)
London
Berlin
Paris
San Francisco
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Series D, Series E, Unknown
Check Size:
$100k - $1B
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in Germany:
Hi Inov is a venture capital fund based in Lyon that invests in Series A startups focused on business-to-business solutions. They target fields such as data, AI, and the future of work, with investments ranging from $250k to $5M. Notable investments include Agorapulse, Kenjo, Acodis, and Cumul.io. Hi Inov aims to empower companies revolutionizing business processes and driving efficiency in areas like business intelligence, identity management, and media and entertainment.
Offices:
Paris
Munich
Lyon (HQ)
Investment Stage:
Series A
Check Size:
$10M - $20M
Industries:
AI, Machine learning, Legal Tech
Top investments in Germany:
A venture capital firm in France that focuses on the software, Software-as-a-Service, mobile, FinTech, Internet of Things, E-Commerce, technology, telecommunications and media sectors in Europe and Mainland China
Offices:
No data available
Investment Stage:
No data available
Check Size:
$100k - $500k
Industries:
No data available
Top investments in Germany:
No data available
A venture capital firm in France that focuses on the software, Software-as-a-Service, mobile, FinTech, Internet of Things, E-Commerce, technology, telecommunications and media sectors in Europe and Mainland China
Offices:
Paris (HQ)
Helsinki
Munich
Paris (HQ)
Helsinki
Munich
Investment Stage:
Seed, Series A, Series B, Series C, Series D, Series E, Unknown
Check Size:
$100k - $250M
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in Germany:
A venture capital company from Berlin providing seed capital and early stage venture funding to businesses in Europe
Offices:
No data available
Investment Stage:
No data available
Check Size:
$100k - $500k
Industries:
No data available
Top investments in Germany:
No data available
A venture capital company from Berlin providing seed capital and early stage venture funding to businesses in Europe
Offices:
Berlin (HQ)
Berlin (HQ)
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Unknown
Check Size:
$100k - $1B
Industries:
Climate Tech & Green Tech, Health Tech, FinTech
Top investments in Germany:
A private equity firm in France that focuses on providing leveraged buyouts, debt, venture capital, growth capital, acquisition financing, public equity and buy-in investment solutions.
Offices:
Paris (HQ)
Berlin
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Series D, Series E, Series F, Series G, Series H, Series I, Unknown
Check Size:
$100k - $1B
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in Germany:
Offices:
No data available
Investment Stage:
No data available
Check Size:
$100k - $500k
Industries:
No data available
Top investments in Germany:
No data available
Offices:
Paris (HQ)
Berlin
Paris (HQ)
Berlin
Investment Stage:
Series A, Series B, Series C, Series D, Unknown
Check Size:
$10M - $250M
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in Germany:
Project A Ventures is a venture capital fund based in Berlin. They invest in various stages from pre-seed to Series D, with investments ranging between $1 million and $10 million. The firm supports companies across industries such as ecommerce, fintech, health tech, and AI. Combining capital with operational support, they help startups grow. Notable investments include Quantum Systems, Labrys Technologies, and Relay.
Offices:
Berlin (HQ)
London
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Series D, Unknown
Check Size:
$100k - $1B
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in Germany:
KIZOO Technology Capital is a venture capital fund based in Karlsruhe, focusing on seed investments, particularly in fintech and payments. Beyond funding, they provide mentoring during the early stages of a company's growth. One notable portfolio company is Mambu in the fintech sector. KIZOO aims to help young companies grow through financial backing and strategic guidance.
Offices:
Karlsruhe (HQ)
Investment Stage:
Seed
Check Size:
$1M - $2.5M
Industries:
FinTech, Payments
Top investments in Germany:
Horizon 2020 is a venture capital fund based in Frankfurt, investing in early-stage and Series A startups. They focus on sectors such as energy, climate technology, biotech, health tech, space tech, and manufacturing. Notable investments include PLD Space, Energy Dome, and TILT Biotherapeutics.
Offices:
Frankfurt
Investment Stage:
Seed, Series A
Check Size:
$10M - $20M
Industries:
Climate Tech & Green Tech, Health Tech, Biotech
Top investments in Germany:
ProSiebenSat.1 Media is a venture capital fund based in Munich, focusing on later-stage investments in Sportstech and Fitness companies. They have backed firms like Urban Sports Club. Leveraging their expertise in entertainment and digital consumer brands, ProSiebenSat.1 uses advertising to gain shares in young digital companies. Their strategy combines TV reach and advertising power to build successful digital consumer brands, supported by 7,000 employees.
Offices:
Munich
Investment Stage:
Series D
Check Size:
$250M - $500M
Industries:
Sportstech, Fitness
Top investments in Germany:
Cavalry Ventures Management, based in Berlin, invests in early-stage tech companies from pre-seed to Series C. Their focus areas include fintech, health tech, and AI, with check sizes ranging from $500,000 to $2,000,000. Notable investments include Medbelle and Xaver. Cavalry Ventures aims to help innovative startups grow and succeed through funding and strategic support.
Offices:
Berlin (HQ)
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Unknown
Check Size:
$100k - $70M
Industries:
Health Tech, FinTech, Govtech
Top investments in Germany:
Porsche, based in Stuttgart, operates a venture capital fund that invests in startups across various stages, from early to late. They focus on industries such as space tech, cybersecurity, AI, fintech, and green tech. Investments are tailored to the needs of each company, with notable examples including Bumper, cylib, Isar Aerospace, Laka, and Retorio. The fund aims to support companies enhancing vehicle performance, improving safety, and driving environmental innovations.
Offices:
Stuttgart (HQ)
Investment Stage:
Series A, Series B, Series C, Unknown
Check Size:
$5M - $100M
Industries:
Climate Tech & Green Tech, Edtech, FinTech
Top investments in Germany:
A venture capital firm in Vienna that focuses on fintech, insure tech, deep tech, industry, consumer tech, and network effects sectors
Offices:
Vienna (HQ)
Berlin
London
Munich
Paris
Investment Stage:
Angel, Pre Seed, Seed, Series A, Series B, Series C, Unknown
Check Size:
$100k - $1B
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in Germany:
SYSTEMIQ backs late seed to Series A/B climate tech entrepreneurs who benefit from access to our unparalleled climate knowledge and networks
Offices:
London (HQ)
Munich
Amsterdam
Investment Stage:
Series A, Series B, Unknown
Check Size:
$100k - $30M
Industries:
Climate Tech & Green Tech, Govtech, AI
Top investments in Germany:
Target Global is a venture capital firm that invests in financial, health, and education technology companies.
Offices:
No data available
Investment Stage:
No data available
Check Size:
$100k - $500k
Industries:
No data available
Top investments in Germany:
No data available
Target Global is a venture capital firm that invests in financial, health, and education technology companies.
Offices:
Berlin (HQ)
London
Amsterdam
Munich
Berlin (HQ)
London
Amsterdam
Munich
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Series D, Unknown
Check Size:
$100k - $1B
Industries:
Health Tech, Edtech, FinTech
Top investments in Germany:
Rewe Group, based in Cologne, is a venture capital fund that invests in series B stages, focusing on ecommerce, developer tools, and foodtech. Notable investments include Flink Food and Commercetools. Part of a larger organization with over 390,000 employees across 21 European countries, Rewe Group was founded in 1927 and reported over 92 billion euros in revenue in 2023. The organization encompasses supermarkets, discount stores, drugstores, DIY stores, convenience stores, and an extensive travel and tourism division, including travel agencies, tour operators, and online travel portals.
Offices:
Cologne
Investment Stage:
Series B
Check Size:
$20M - $1B
Industries:
Foodtech, CPG & Consumer Goods, Food Delivery
Top investments in Germany:
Partech Ventures is a venture capital firm in France that focuses on investing at the seed, venture, and growth stages.
Offices:
Paris (HQ)
San Francisco
Berlin
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Series D, Series F, Unknown
Check Size:
$100k - $500M
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in Germany:
KfW, based in Frankfurt, is a venture capital fund and one of the world's leading promotional banks. Since 1948, it has aimed to improve economic, social, and environmental living conditions globally, representing Germany's Federal Republic and federal states. KfW invests in various business stages and industries, backing companies like everphone and GetYourGuide. The fund operates without retail branches or customer deposits, funding activities through international capital markets. KfW's network spans offices in Germany and about 80 locations worldwide. Employees benefit from expert leadership, ample training, work-life balance support, and competitive pay.
Offices:
Frankfurt
Investment Stage:
Debt Financing, Series D, Series F
Check Size:
$30M - $500M
Industries:
Hardware, Travel Tech, Community & Lifestyle
Top investments in Germany: