# Top 35 Clean Energy VC (Venture Capital) Funds in Germany in May 2026

## J12
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Machine Learning, Artificial Intelligence

J12 Ventures invests early in innovative companies in the Nordics.

## eCAPITAL ENTREPRENEURIAL PARTNERS
- Type: VC Fund
- Location: Münster, Nordrhein-Westfalen, Germany
- Relevant deals: 3
- Stages: Series A, Series B
- Focus: Information Technology, Software, Manufacturing

eCAPITAL is a venture capital investor that provides early to growth stage funding to technology and deep tech companies.

## High-Tech Grunderfonds
- Type: VC Fund
- Location: Bonn, Nordrhein-Westfalen, Germany
- Relevant deals: 3
- 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.

## 468 Capital
- Type: VC Fund
- Relevant deals: 3
- 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.

## Vattenfall
- Type: VC Fund
- Location: Solna, Stockholms Lan, Sweden
- Relevant deals: 2
- Stages: Series A, Seed
- Focus: Renewable Energy, Clean Energy, CleanTech

Vattenfall is a leading European energy company and right now we are working towards fossil free living within one generation. Read more about us here

## Target Partners
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 2
- 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.

## IBB Ventures
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 2
- 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.

## Energie360°
- Type: VC Fund
- Location: Zürich, Zurich, Switzerland
- Relevant deals: 2
- Stages: Series B, Seed
- Focus: Energy, Energy Storage, Clean Energy

One of Switzerland's largest gas distribution and energy services companies

## EWE AG
- Type: VC Fund
- Relevant deals: 2
- Stages: Series A
- Focus: Solar, Energy, CleanTech

Energy Utility

## Global Founders Capital
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Financial Services, Software, FinTech

Over the past two decades, GFC have backed over five hundred entrepreneurs worldwide, e.g. Facebook, LinkedIn, Slack, and Away Travel.

## EnBW New Ventures
- Type: VC Fund
- Location: Karlsruhe, Baden-Wurttemberg, Germany
- Relevant deals: 2
- Stages: Series A, Seed
- Focus: Software, Power Grid, Renewable Energy

We support entrepreneurs to develop new solutions for a sustainable future - people, planet, profit - by leveraging our financially driven VC setup with the reach and skills of our corporate investor EnBW. 

## SeedCapital Dortmund
- Type: VC Fund
- Location: Dortmund, Nordrhein-Westfalen, Germany
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Information Technology, Enterprise Software, Software

SeedCapital Dortmund GmbH & Co. KG is the right partner. They participate in innovative, technology-oriented companies in the start-up or early stage companies. And yet retain independence. Because when they are holding "only" partner on time. Together they participate in the appreciation and therefore the success of company.

## Magnetic
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Internet, Blockchain

We are a global technology investor. We fund breakthrough companies and technologies, truly sponsoring progress.

## E.ON
- Type: VC Fund
- Location: Essen, Nordrhein-Westfalen, Germany
- Relevant deals: 1
- Stages: Series B, Series C, Series A
- Focus: Renewable Energy, Software, Energy

The new E.ON is an international energy company focused on smart grids and customer solutions to drive the energy transition in Europe.


## Demeter Partners
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Series A, Private Equity
- Focus: Manufacturing, Energy, Electronics

Demeter is a major player in venture capital and private equity for the ecological transition. We invest from €1m to €30m to support companies at all stages of their development: innovative startups, high growth SMEs and infrastructure projects.

## Demeter
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Manufacturing, Renewable Energy

Demeter is a major player in venture capital and private equity for the energy and ecological transition. They invest from 500 K€ to 30 M€ to support companies at all stages of their development: innovative startups, high growth SMEs and infrastructure projects.

## coparion
- Type: VC Fund
- Location: Cologne, Nordrhein-Westfalen, Germany
- Relevant deals: 1
- 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.

## Aster
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Software, Energy, Solar

Aster is a Venture Capital firm with offices in 4 major innovation hubs: Paris, London, Tel Aviv and San Francisco. Since 2000, they have partnered with more than 60 teams of entrepreneurs that are transforming markets with disruptive offers and technologies. They are always open to exploring new ideas related to mobility, energy and industrysectors that they have been covering until now. They invest in all stages, with a preference for the early phase.They are more than investors and they intend to act as an ally for entrepreneurs by connecting them to a valuable ecosystem of experts, influencers and business leaders. From marketing to executive talent, their commitment to the growth of their portfolio companies as well as the entire venture ecosystem also involves the commitment of their dedicated Operations team, their innovation strategy consulting firm (Aster Fab) and a crowdfunding branch to further expand opportunities (Aster Crowd).Some of their success stories include Solairedirect (acquired by Engie in 2015), Digital Lumens (acquired by Osram in 2017) and Avantium (IPOed in 2017).

## Speedinvest
- Type: VC Fund
- Location: Vienna, Wien, Austria
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, FinTech, Financial Services

Speedinvest is one of Europe’s most active early-stage investors, with more than €1bn AUM, 40 investors, and offices in Berlin, London, Munich, Paris, Vienna and San Francisco. Your success is our priority, so we don’t just send some money and "check in" at board meetings. Our mission is to empower you with game-changing support throughevery stage of your journey. Our focused investment teams know your industry inside and out. Their Deep Tech, Fintech, Industrial Tech, Network Effects, Digital Health and Subscriptions experience, know-how and deep networks are yours from day one. You also have full access to our in-house Platform+ team of operational experts who can provide tailored growth marketing, people (HR), US business development, and networking support throughout every stage of your journey.

## FRV-X
- Type: VC Fund
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Solar, Renewable Energy, Energy

FRV-X is the innovation and venturing division of Fotowatio Renewable Ventures.

## Übermorgen Ventures
- Type: VC Fund
- Location: Zürich, Zurich, Switzerland
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Energy, Software, Renewable Energy

We are an early stage VC for climate tech startups.

## IFB Innovationsstarter
- Type: VC Fund
- Location: Hamburg, Hamburg, Germany
- Relevant deals: 1
- Stages: Seed, Grant
- Focus: Software, SaaS, Artificial Intelligence

The IFB Innovationsstarter is an innovation funding and investment company of the City of Hamburg providing grants and investments.

## LITTLEROCK
- Type: VC Fund
- Location: Düsseldorf, Nordrhein-Westfalen, Germany
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Fitness, E-Commerce, Lifestyle

They look to partner with ambitious entrepreneurs who are working on ideas that have the potential to distrupt their respective landscape from every angle within the next years.
LITTLEROCK is an active investor, leading or co-leading investment rounds.
They make early stage initial investments in start-ups typically post launch, with an impressiveevidence for the proof-of- concept of the underlying business model/scalability
They are looking for founding teams and/ or start-ups that tackle big markets, bring something new to the table and execute scalable business models.
Beyond that, they seek visionary, disciplined and inspiring founders who, like us, love challenging the status quo.

## Hevella Capital
- Type: VC Fund
- Location: Hamburg, Hamburg, Germany
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: E-Commerce, FinTech, Software

Hevella Capital is a principal investment firm.

## DON Ventures
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: CleanTech, Clean Energy, Sustainability

DON Ventures II GmbH

## BayBG Venture Capital
- Type: VC Fund
- Location: München, Bayern, Germany
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Software, Information Technology, Health Care

Innovative post-revenue startups with first customers trust us as highly reliable investors. We have been an active player in the venture capital market for over 25 years. Due to our evergreen approach, we offer institutional venture capital without the limitations of the usual fund structure. Predominantly we invest straight equity. Additionally,we can offer venture debt to mature startups close to break-even in order to avoid further dilution for founders. Being a private investment company we act as both lead investor or co-investor. We can also fulfill the private lead investor role for public investors like Bayern Kapital. Together we are increasing YOUR company's value.

## Vsquared Ventures
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 1
- Stages: Seed, Series A, Series C
- Focus: Artificial Intelligence, Software, Manufacturing

Vsquared Ventures invests in early-stage deep-tech companies that are tackling society's most pressing challenges, with a focus on quantum and novel computing, green energy, robotics, AI/ML, new space, synthetic biology, and healthcare. It is committed to a partnership and will go to any length to help accelerate and scale vision,unlocking all seemingly impossible possibilities.

## Neuhaus Partners
- Type: VC Fund
- Location: Hamburg, Hamburg, Germany
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Software, Information Technology, Internet

Neuhaus Partners is a recognized venture capital fund and has as a member of the Federal Association of German Equity Investment Companies (BVK) as well as the European Venture Capital Association (EVCA) an excellent network in its sector. Neuhaus Partners support growth companies from the sectors IT (hardware, software and services), internet(infrastructure and services), telecommunications (services and technology), laser and photonics, microsystems technology and multimedia with technological know-how, comprehensive consulting and equity capital from founding to IPO and beyond with the objective of continuously creating added value for the companies.

## Statkraft Ventures
- Type: VC Fund
- Location: Düsseldorf, Nordrhein-Westfalen, Germany
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Software, Big Data, Information Technology

Statkraft Ventures is a long-term partner for entrepreneurs disrupting the energy sector. 

## BayStartUP
- Type: VC Fund
- Location: Nürnberg, Bayern, Germany
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Manufacturing, Information Technology, SaaS

BayStartUP prepares startups for investors talks and provides them with a network of several hundred investors and business angels.

## Project A Ventures
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- 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.

## BonVenture
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Transportation, Last Mile Transportation, Environmental Consulting

BonVenture is the first investment company in the German-speaking region that focuses on the social impact of companies. Since 2003, they have offered investors the opportunity to allocate social venture capital to social enterprises through their funds. As partner of social entrepreneurs, they strengthen them with capital, know-how and contactsand provide guidance in setting up and growing their organization. This is how they promote the development and establishment of social innovations at scale.

## Tiny VC
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, SaaS, Artificial Intelligence

Backing great companies when they're tiny

## PGE Ventures
- Type: VC Fund
- Location: Warsaw, Mazowieckie, Poland
- Relevant deals: 1
- Stages: Seed
- Focus: Energy, Software, Clean Energy

PGE Ventures is a CVC fund within the PGE Capital Group, which was established to invest in startups. The fund will invest in startups connected to energy value chain in order to gain financial and strategic leverage. We offer both the financial support and the know-how transfer in terms of PGE Group’s operations. We understand the needs of youngentrepreneurs and we can address them in a professional manner. We are open for cooperation with every startup which meets our investment criteria.Taking into account the possible level of PGE Ventures' involvement, as well as startups' capabilities to deliver specific solutions, projects will be sought, among others, in the area of: optimization of PGE's operations within entire Group's value chain; energy storage and clean generation technologies, incl. air quality control systems; IT and communication services, such as: Big Data, Smart Home, e-mobility, mobile apps, other products and services; enrichment of energy resources and utilization of combustion by-products.Organizations and foundations:
We offer a model of cooperation based on strategic and business partnership. Organizations which can provide a base of startups, pool of experts and promotion channels for the PGE Ventures fund are particularly welcome.Incubators, accelerators and partners:
We want to cooperate with incubators and technological accelerators within capability to obtain and improve startups. Startups from our portfolio are then provided with R&D infrastructure and substantive care of mature technology partners.VC funds:
PGE Ventures fund does not exclude co-investments with other VC funds operating on Polish and foreign market. All potential co-investments will be analyzed in detail. Decisions on their implementation will be taken by the PGE Ventures Management Board.PGE Ventures invites to cooperation especially entrepreneurs, whose innovative projects have a chance to transform into profitable businesses. As part of our scouting program, we will strive to work with as many quality startups as we can.

## Union Square Ventures
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Series A, Series B, Series C
- Focus: Software, Financial Services, FinTech

Union Square Ventures is a venture capital firm based in New York City.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co
