# Top 50 B2B VC (Venture Capital) Funds in Germany in May 2026

## High-Tech Grunderfonds
- Type: VC Fund
- Location: Bonn, Nordrhein-Westfalen, Germany
- Relevant deals: 9
- Stages: Seed, Series A
- Focus: Software, Information Technology, Biotechnology

High-Tech Gründerfonds (HTGF) is a seed investor that finances high-potential, tech-driven startups. With EUR 895.5 million in total investment volume across three funds and an international network of partners, HTGF has already helped forge more than 500 startups since 2005. Driven by their expertise, entrepreneurial spirit, and passion, its teamof experienced investment managers and startup experts help guide the development of young companies. HTGF’s focus is on high-tech startups in a range of sectors, including software, media, internet, hardware, automation, health care, chemistry, and life sciences.To date, external investors have injected over EUR 2 billion into the HTGF portfolio via about 1,400 follow-on financing rounds. HTGF has also successfully sold interests in more than 100 companies. Investors in this public-private partnership include the Federal Ministry For Economic Affairs and Energy, the KfW Banking Group, and Fraunhofer-Gesellschaft e.V., as well as the companies ALTANA, BASF, BAYER, B.Braun, Boehringer Ingelheim, Robert Bosch, BÜFA, CEWE, Deutsche Post DHL, Dräger, Drillisch AG, EVONIK, EWE AG, FOND OF Haniel, Hettich, Knauf, Körber, LANXESS, media + more venture Beteiligungs GmbH & Co. KG, PHOENIX CONTACT, Postbank, QIAGEN, RWE Generation SE, SAP, Schufa, Schwarz Gruppe, STIHL, Thüga, Vector Informatik, WACKER and Wilh. Werhahn KG.

## APX
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 8
- Stages: Pre-Seed, Seed
- Focus: Software, SaaS, Information Technology

APX is Europe’s leading very-early-stage VC. Based in Berlin and backed by Axel Springer and Porsche, we support and partner with the most ambitious founding teams from Europe and beyond - often as their first investor.We invest up to EUR 500K in startups until a series A starting with a quick EUR 50K investment, and within a few months,depending on traction and speed, we can invest further. Each month we invest in new teams who become part of the APX community, counting hundreds of other founders. Since 2018, we have invested in 100+ startups across 20+ industries with founders from 20+ countries together with 100+ co-investors.

## Cherry Ventures
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 8
- Stages: Seed, Series A, Series B
- Focus: Software, FinTech, Information Technology

Cherry Ventures is an early-stage venture capital firm led by a team of entrepreneurs with experience building fast-scaling companies such as Zalando and Spotify. The firm backs Europe's boldest founders, usually as their first institutional investor, and supports them in everything from their go-to-market strategy and the scaling of theirbusinesses. Cherry Ventures has previously invested in the seed stage of over 50 companies across Europe, including FlixBus, Auto1 Group, Infarm, Rows, Forto, and TourRadar. Cherry Ventures is based in Berlin and invests across Europe with operations in London, Paris, and Stockholm.

## Capnamic Ventures
- Type: VC Fund
- Location: Cologne, Nordrhein-Westfalen, Germany
- Relevant deals: 7
- Stages: Seed, Series A, Series B
- Focus: Software, Information Technology, SaaS

Capnamic is a Venture Capital firm supporting ambitious founders in the German-speaking regions. Our focus is on the early stages, from (Pre-)Seed to Series A.

## HV Capital
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 7
- Stages: Series A, Seed, Series B
- Focus: E-Commerce, Internet, Software

We support exceptional founders in building market leading digital companies.

## IBB Ventures
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 7
- Stages: Seed, Series A
- Focus: Software, Health Care, Internet

IBB Ventures is a venture capital and mezzanine arm of Investitionsbank Berlin specializing in seed/startup, early venture, and mid venture investments. The firm invests in technology-oriented companies and companies from the creative industries. It typically invests in information and communication sector with a focus on hardware andsoftware, network technology, new media, and internet and mobile technologies; life science sector with a focus on biotechnology and media technology; and industrial technologies sector with a focus on software, PPS, supply chain management, micro and nanotechnology, environmental and power technology, automation, manufacturing technology, transport technology and logistics, and new materials. The firm also invests in movies, broadcast, television, publisher, music, entertainment, advertising, fashion, design, architecture, multimedia, games, software, and art and culture. It invests in companies based in Berlin. It typically invests between €0.25 million ($0.32 million) and €3 million ($3.83 million) per transaction. The firm prefers to take a board seat in its portfolio companies. IBB Ventures was founded in 1997 and is based in Berlin, Germany.

## finleap
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 6
- Stages: Seed, Series A
- Focus: Financial Services, FinTech, Banking

finleap is Europe's leading fintech ecosystem, headquartered in Berlin. finleap was founded in 2014 by IONIQ Group and Ramin Niroumand, and has since built and scaled 18 companies and added more to its ecosystem through acquisitions.

## DFF (Dutch Founders Fund)
- Type: VC Fund
- Location: Amsterdam, Noord-Holland, The Netherlands
- Relevant deals: 5
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Marketplace, B2B

Dutch Founders Fund is a (pre) seed venture fund that backs founders building the marketplaces of tomorrow. We like platforms that reimagine traditional supply chains and SaaS-enabled marketplaces.

## WestTech Ventures
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 4
- Stages: Seed, Series A
- Focus: Software, Internet, Information Technology

WestTech Ventures is a Berlin-based VC firm focused on pre-seed & seed investments primarily in Germany in the fields of B2B SaaS in different verticals, and Enterprise Software as well as Mobility and New Work.

## Futury Capital
- Type: VC Fund
- Location: Frankfurt, Hessen, Germany
- Relevant deals: 4
- Stages: Seed, Series A
- Focus: Information Technology, Software, Internet

We are looking for the newcomers, the architects of the future, the movers & shakers.

## Alma Mundi Ventures
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 3
- Stages: Series A, Seed
- Focus: Software, InsurTech, Insurance

We back bold and purpose-driven founders.

## Target Partners
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 3
- Stages: Series A, Series B, Series C
- Focus: Software, Enterprise Software, SaaS

Target Partners is a German venture capital firm that invests in early-stage technology companies.
With 300 million Euro under management, Target Partners is one of the leading venture capital investors in Germany.The partners of Target Partners have years of collective experience as successful managers, entrepreneurs and venture capitalinvestors in Europe and the USA. They founded or led companies their selves, developed or sold technology products their selves. They have seen numerous companies through to IPO and beyond. They understand the challenges an entrepreneur faces and that the road to success often isn't simple and straight.Both in Europe and the USA Target Partners has a large network in industry and venture capital. They open doors for you to customers, business partners, experienced managers and financial markets. They support you in business development, in international expansion, in closing OEM or distribution contracts, and in acquisition decisions. In addition, several dozen European and US entrepreneurs and top managers, as well as a number of US venture capitalists, have personally invested in their funds and thus have a particularly strong interest in your company's success.

## TEV Ventures
- Type: VC Fund
- Location: Essen, Nordrhein-Westfalen, Germany
- Relevant deals: 3
- Stages: Series A, Seed
- Focus: E-Commerce, Internet, Fashion

Cusp Capital is a venture capital firm focused on European software and technology. The fund invests in early-stage companies on the cusp of redefining their industries by channeling new socioeconomic and technological paradigms.

## TA Ventures
- Type: VC Fund
- Location: Frankfurt, Hessen, Germany
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: E-Commerce, Software, Internet

TA Ventures is globally-minded and network-driven VC firm investing in early-stage tech startups in Europe and North America shaping the industries of tomorrow. Our ticket size starts from $100k up to $1M.
We offer speed of execution, proactive support, and access to a broad international network. Drawing upon our network, we support our portfoliocompanies by proactively soliciting large, growth-minded co-investors in subsequent rounds. We utilize our industry knowledge and network to give portfolio companies and partner VCs access to the highly skilled and cost-effective R&D outsourcing teams in Central and Eastern Europe.

## Project A Ventures
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 3
- Stages: Seed, Series A, Series B
- Focus: Software, E-Commerce, Information Technology

Project A is an early-stage venture capital firm, combining financial and operational support for technology companies. In addition to $600 M in assets under management, Project A provides its portfolio companies with a wide range of operational support services. This includes more than 100 experts from key areas such as software engineering,business intelligence, marketing, and recruiting. The portfolio includes companies such as Trade Republic, sennder, KRY, Catawiki, WorldRemit, Spryker, and Voi.

## Polar Light Ventures
- Type: VC Fund
- Location: Zug, Zug, Switzerland
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: FinTech, E-Commerce, Marketplace

Polar Light Ventures provides early stage capital to technology firms in Europe

## New Forge
- Type: VC Fund
- Location: Solingen, Nordrhein-Westfalen, Germany
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, SaaS, Artificial Intelligence

New Forge is a Business Angel helping B2B tech startups grow

## Valar Ventures
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 3
- Stages: Series A, Series B, Seed
- Focus: FinTech, Financial Services, Banking

Valar Ventures is a venture capital firm backed by Peter Thiel. Valar partners with entrepreneurs globally and believes that an increasing number of transformative technology companies will be started outside of Silicon Valley, and that the founders of those companies will benefit from having a partner that understands their unique challenges andopportunities.

## Faraday Venture Partners
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: E-Commerce, SaaS, Software

Founded in 2011, Faraday Venture Partners is a pan-European Venture Capital firm investing in European innovative early-stage startups via its network of Clubs of  Investors and its own Funds.

## Müller Medien
- Type: VC Fund
- Location: Nuremberg, Bayern, Germany
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: SaaS, Software, Artificial Intelligence

Müller family media and its partner network are very strong companies from different media sectors. Versatile and individually therefore also the CVs and personalities of their employees who every day with passion and curiosity to work in their teams to achieve common goals.Hans Müller has 65 years the telephone directory publisher Hans Müllerfounded from his living room out - the foundation for the company's family Müller media. His pioneering spirit is still felt today by the fourth generation and with all my colleagues.The company Müller family media is locally connected and networked world. With their five business segments directories, radio, print media, book and new business they are represented with locations in Europe, USA and Asia. More than 2,000 people every day win the confidence of consumers and customers. Changes and challenges of the media world motivate us to pick up trends early in order to help shape this. Their cooperative working lives of mutual esteem and trust.

## FinTech Collective
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 3
- Stages: Seed, Series A, Series B
- Focus: FinTech, Financial Services, Software

We back creators with a hunger to reimagine the way money flows through the world.

## Rocket Internet
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: E-Commerce, Internet, FinTech

Rocket Internet incubates, builds, develops operationally and strategically invests in internet and technology companies globally. It provides operational support to its companies and helps them scale internationally. Rocket Internet's selected companies are active in a large number of countries around the world.

## Signals Venture Capital
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 3
- Stages: Series A, Seed, Series B
- Focus: SaaS, Software, Information Technology

At signals Venture Capital we back visionary founders and top technology teams across Europe.

## LEA Partners
- Type: VC Fund
- Location: Karlsruhe, Baden-Wurttemberg, Germany
- Relevant deals: 3
- Stages: Seed, Series A, Private Equity
- Focus: Software, Information Technology, Artificial Intelligence

LEA Partners as an entrepreneurial-minded multi-stage private equity and venture capital firm and supports ambitious B2B Tech founders and executives by leveraging them with practical, hands-on growth expertise to achieve market leadership.

## Piton Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 3
- Stages: Series A, Series B
- Focus: E-Commerce, Marketplace, Internet

Piton Capital is a venture capital and growth equity firm headquartered in London, United Kingdom. Piton focuses exclusively on network effects businesses (marketplaces, exchanges and platforms) as this provide one of the few moats or forms of defensibility to achieve dominance. There are several forms of great network effects businesses thataren’t marketplaces that include data network effects (including machine learning and AI), businesses that rely on user generated content, as well as SaaS businesses with the potential to layer network effects around it. The firm is a stage and style-agnostic and seeks to invest from seed to late stage (€200k to €15m).

## Ilavska Vuillermoz Capital
- Type: VC Fund
- Location: Luxembourg, Luxembourg, Luxembourg
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: FinTech, Financial Services, Banking

Ilavska Vuillermoz Capital is a Luxembourg-based private equity firm founded in 2019.

## NRW.BANK
- Type: VC Fund
- Location: Düsseldorf, Nordrhein-Westfalen, Germany
- Relevant deals: 3
- Stages: Seed, Series A, Series B
- Focus: Biotechnology, Software, Health Care

NRW.BANK is the development bank for the state of North Rhine-Westphalia. It supports its owner – the state of North Rhine-Westphalia – in fulfilling its tasks, notably in the fields of structural, economic, social and housing policy. NRW.BANK pools the promotion and development programmes of the state of North Rhine-Westphalia, the FederalRepublic of Germany and the European Union and combines them with its own equity and debt products and advisory services. It offers the full range of financial products in three areas “Economy”, “Housing”, and “Infrastructure/Municipalities”. NRW.BANK operates in a competitively neutral manner as a partner of banks and savings banks.

## SBI Investment
- Type: VC Fund
- Location: Minato, Chiba, Japan
- Relevant deals: 3
- Stages: Series B, Series A
- Focus: Financial Services, Information Technology, Software

SBI Investment supports the business development and growth of private venture companies through fund investment.

## BM H Beteiligungs-Managementgesellschaft Hessen
- Type: VC Fund
- Location: Wiesbaden, Hessen, Germany
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Consulting, B2B

BM H Beteiligungs-Managementgesellschaft Hessen mbH operates as an investment arm of Landesbank Hessen-Thüringen Girozentrale.

## TechVision Fund
- Type: VC Fund
- Location: Aachen, Nordrhein-Westfalen, Germany
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Health Care, Artificial Intelligence

VF-Funds for innovative and scalable start-ups from the Rhineland Area, Germany

## June Fund
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 2
- Stages: Series A, Seed, Initial Coin Offering
- Focus: Software, Internet, Blockchain

June Fund is a technology investor that invests in new paradigms across all stages.

## SaaSgarage
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, SaaS, Information Technology

SaaSgarage, the pre-Seed Angel Fund for SaaS startups where first external money complements passionate value add advising and mentoring.

## Versorgungswerk Zahnärztekammer Berlin
- Type: VC Fund
- Relevant deals: 2
- Stages: Series B
- Focus: Financial Services, B2B, FinTech

supply factory of Zahnärztekammer Berlin

## CG Partners
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 2
- Stages: Pre-Seed, Seed
- Focus: Food and Beverage, B2B, EdTech

CG Partners is a Swedish-German investment firm.

## Calm/Storm Ventures
- Type: VC Fund
- Location: Vienna, Wien, Austria
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Health Care, Wellness, Medical

Calm/Storm is an exclusive founder network and venture capital firm. We invest in purpose driven founders changing our life & health for the better. Headquartered in Vienna, Austria we invest in early-stage companies all over Europe and the US. We focus on the pre-seed and seed stages but also invest up to Series A.

## CIMEDO
- Type: VC Fund
- Location: Frankfurt, Hessen, Germany
- Relevant deals: 2
- Stages: Pre-Seed, Seed
- Focus: Information Technology, B2B, Artificial Intelligence

CIMEDO is a holding company with offices in Wörth and Frankfurt. They focus on corporate investments, start-ups, and real estate.They do not just own stakes in or own subsidiary companies; they also run them. Typical leadership responsibilities include the establishment of strategic business areas, strategic management, strategic control, thefilling of leadership positions, liquidity management, and cash management within the group.

## 360 Capital
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Software, E-Commerce, Information Technology

Early stage european VC investing on ClimateTech, DeepTech, Mass Consumption and Business Automation.

## Balderton Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Series A, Series B, Series C
- Focus: Software, FinTech, Financial Services

In the two decades since our founding, we have worked with hundreds of extraordinary European founders, and have raised eight funds totalling more than $3bn.

## KfW
- Type: VC Fund
- Location: Frankfurt, Hessen, Germany
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Biotechnology, Software, Health Care

KfW gives impetus to economic, social and ecological development worldwide. As a promotional bank under the ownership of the Federal Republic and the Länder (federal states), it offers support to encourage sustainable improvement in economic, social, ecological living and business conditions, among others in the areas of small and medium-sizedenterprise, entrepreneurialship, environmental protection, housing, infrastructure, education finance, project and export finance, and development cooperation.

## Northzone
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Series A, Series B, Seed
- Focus: Software, E-Commerce, Information Technology

Northzone is a venture capital fund with a perspective shaped by lives as entrepreneurs. Since 1996, they've made over 175 investments and invest from Seed to Growth. They've partnered with the founders of Spotify, Avito, iZettle, Klarna, Hopin, and hundreds of others to build category-defining businesses. They've raised €1bn inSeptember 2022.

## coparion
- Type: VC Fund
- Location: Cologne, Nordrhein-Westfalen, Germany
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Software, SaaS, FinTech

Coparion provides venture capital to accelerate momentum and growth. With a currently active fund of EUR 275 million, Coparion has the means to do so.Coparion supports entrepreneurial vision with know-how, but without intervening in daily business operations. Thanks to in-depth experience in venture capital and in building companies, the Coparionteam discerns potential and opens up new perspectives. Coparion has the substance, tenacity, and creativity required to mutually manage difficult situations successfully.Coparion only invests with co-investors. The fund invests up to EUR 15M per company, usually in several financing rounds of EUR 0.5-8M each. The investment focus is on German companies in the start-up and early growth phases. Coparion is based in Cologne and Berlin.

## GE32 Capital
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Financial Services, Software, FinTech

GE32 Capital invests in high-growth companies across the globe with a long-term investment philosophy.

## Seedcamp
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, FinTech, SaaS

Seedcamp is Europe's seed fund, identifying and investing early in world-class founders attacking large, global markets and solving real problems using technology. The Seedcamp Nation includes over 400 startups building breakout businesses that change the way people live, interact and buy and includes publicly listed UiPath, Wise, and unicornsRevolut, Hopin, Sorare, Pleo, and wefox along with fast-growing businesses such as Grover, viz.ai and Ezra. Seedcamp fast-tracks a founder's vision and creates value through immediate access to smart capital, a lifelong community of support and a global network built upon more than a decade's experience backing exceptional talent.Seedcamp fast-tracks a founder's vision and creates value through immediate access to smart capital, a lifelong community of support, and a global network built upon more than a decade's experience backing exceptional talent.

## 468 Capital
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Artificial Intelligence, Information Technology

468 Capital is a Berlin and San Francisco based technology investment firm. We support leading software, AI and internet growth companies across multiple investment stages.

## Tola Capital
- Type: VC Fund
- Location: Seattle, Washington, United States
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Software, SaaS, Analytics

Tola Capital is a venture capital firm that partners with founders building the next generation of enterprise software, enabled by artificial intelligence.

## Earlybird Venture Capital
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Software, Information Technology, Health Care

Founded in 1997, Earlybird invests in all development and growth phases of technology companies. Among the most experienced venture investors in Europe, Earlybird offers its portfolio companies not only financial resources but also strategic support plus access to an international network and capital markets. With EUR 2 billion under management,eight IPOs and 30 trade sales, Earlybird is one of the most established and active venture capital firms in Europe.

## Headline
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Series A, Series B, Seed
- Focus: Software, E-Commerce, Information Technology

Headline is a Venture Capital firm actively on the ground in 7 cities around the world. We invest across categories and geographies, leading rounds at every stage. Once we commit to a team, we go to the ends of the earth to make their success global.

## TA Capital
- Type: VC Fund
- Location: Houston, Texas, United States
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, E-Commerce, SaaS

From its active funds TAC currently invests in Europe and the USA. They invest in all stages (seed, early and growth) of start-ups with capable teams and scalable business models. Their investment sizes go from as low as $200,000 to as much as $15 milion per transaction. They like opportunities in e-commerce, Internet, digital life and softwaredomains. They like to create and shape new markets. They are unconventional, caring and driven, and very fast. They are honest and fair in their daily dealings and in their transactions. They honor their commitments and deliver on their promises, on time. They see it their mission to provide entrepreneurs with the resources required to grow their companies and they exclusively partner with teams who share their values.

## MSM
- Type: VC Fund
- Location: Lisbon, Lisboa, Portugal
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Information Technology, Software, B2B

MSM is an early-stage generalist impact fund that invests all across Europe.

## Unger Group
- Type: VC Fund
- Location: Weiden, Bayern, Germany
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: B2B, Real Time, Blockchain

Unger Group is an investment company that invests in real estate and equity investments.
The company was founded by Peter Unger in Weiden, Bayern in 2004.

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