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Top 50 Internet Startup Investors in Germany (May 2026)

The most active venture capital funds and angel investors investing in Germany Internet startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Germany Internet startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
High-Tech Grunderfonds
VC Fund
35 Germany, Switzerland, United States Seed, Series A Software, Information Technology, Biotechnology $665k–$16M
HV Capital
VC Fund
35 Germany, United Kingdom, United States Series A, Seed, Series B E-Commerce, Internet, Software $1.3M–$80M
IBB Ventures
VC Fund
26 Germany, United States, United Kingdom Seed, Series A Software, Health Care, Internet $820k–$7M
APX
VC Fund
21 Germany, United Kingdom, United States Pre-Seed, Seed Software, SaaS, Information Technology $54k–$3.4M
Cherry Ventures
VC Fund
19 Germany, United Kingdom, United States Seed, Series A, Series B Software, FinTech, Information Technology $1.9M–$100M
TEV Ventures
VC Fund
18 Germany, Australia, United States Series A, Seed E-Commerce, Internet, Fashion $536k–$13M
Saarbruecker 21
VC Fund
18 Germany, United States, Israel Seed, Angel, Pre-Seed Software, Internet, E-Commerce $107k–$3M
Project A Ventures
VC Fund
17 Germany, United Kingdom, United States Seed, Series A, Series B Software, E-Commerce, Information Technology $1.1M–$85M
Hasso Plattner Ventures
VC Fund
17 Germany, United States, South Africa Series A, Seed Software, Information Technology, Internet $11k–$8.4M
Atlantic Labs
VC Fund
16 Germany, Switzerland, United States Seed, Series A, Pre-Seed Health Care, Software, Information Technology $850k–$27M
Earlybird Venture Capital
VC Fund
16 Germany, United States, United Kingdom Series A, Seed, Series B Software, Information Technology, Health Care $1.2M–$40M
Global Founders Capital
VC Fund
15 United States, Germany, United Kingdom Seed, Series A, Pre-Seed Financial Services, Software, FinTech $725k–$30M
Point Nine
VC Fund
14 Germany, United States, France Seed, Series A, Series B Software, SaaS, Internet $800k–$40M
KfW
VC Fund
13 Germany, India, Kenya Series A, Series B Biotechnology, Software, Health Care $1.6M–$17M
TGFS - Technologiegründerfonds Sachsen
VC Fund
13 Germany, United States Seed, Series A Software, Information Technology, Manufacturing $563k–$4.3M
Redalpine
VC Fund
13 Germany, Switzerland, United Kingdom Series A, Seed, Series B Software, Biotechnology, Health Care $800k–$59M
WestTech Ventures
VC Fund
12 Germany, United States, France Seed, Series A Software, Internet, Information Technology $1M–$12M
468 Capital
VC Fund
12 Germany, United States, United Kingdom Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $1.5M–$20M
TA Ventures
VC Fund
12 United States, Germany, India Seed, Series A E-Commerce, Software, Internet $350k–$14M
b2venture (formerly btov Partners)
VC Fund
11 Germany, Switzerland, United Kingdom Series A, Seed, Series B Software, Health Care, Information Technology $1.1M–$30M
Capnamic Ventures
VC Fund
11 Germany, United States, Switzerland Seed, Series A, Series B Software, Information Technology, SaaS $1.7M–$28M
Rocket Internet
VC Fund
11 Germany, Singapore, United Kingdom Seed, Series A E-Commerce, Internet, FinTech $589k–$40M
bm-t beteiligungsmanagement thuringen
VC Fund
10 Germany, United States Seed, Series A Software, Information Technology, Health Care $450k–$7M
DN Capital
VC Fund
10 United States, Germany, United Kingdom Series A, Series B, Seed Software, E-Commerce, SaaS $111k–$24M
Target Partners
VC Fund
10 Germany, United States, Switzerland Series A, Series B, Series C Software, Enterprise Software, SaaS $1.5M–$20M
Brandenburg Kapital
VC Fund
10 Germany, United Kingdom Seed, Series A Software, Information Technology, Health Care $696k–$7.4M
NRW.BANK
VC Fund
10 Germany, United States Seed, Series A, Series B Biotechnology, Software, Health Care $107k–$13M
Bayern Kapital
VC Fund
10 Germany, United States, Finland Seed, Series A Software, Information Technology, Health Care $750k–$16M
Senovo
VC Fund
10 Germany, Sweden, Austria Series A, Seed, Series B Software, SaaS, Information Technology $1.6M–$28M
coparion
VC Fund
9 Germany, Switzerland, United States Series A, Seed, Series B Software, SaaS, FinTech $2M–$54M
Monkfish Equity
VC Fund
9 Germany, United States, Austria Seed, Series A Internet, E-Commerce, Marketplace $27k–$15M
Headline
VC Fund
9 United States, Germany, United Kingdom Series A, Series B, Seed Software, E-Commerce, Information Technology $1M–$40M
DvH Ventures
VC Fund
8 Germany, Austria, Liechtenstein Seed, Series A Financial Services, FinTech, Software $1M–$11M
Target Global
VC Fund
8 Germany, Israel, United Kingdom Series A, Seed, Series B FinTech, Financial Services, Software $2M–$100M
Speedinvest
VC Fund
8 Germany, United Kingdom, Austria Seed, Series A, Pre-Seed Software, FinTech, Financial Services $396k–$50M
Grazia Equity
VC Fund
8 Germany, United States, Switzerland Series A, Seed, Series B Internet, E-Commerce, Biotechnology $964k–$15M
Balderton Capital
VC Fund
8 United Kingdom, United States, Germany Series A, Series B, Series C Software, FinTech, Financial Services $3.5M–$85M
Vorwerk Ventures
VC Fund
8 Germany, United Kingdom, United States Series A, Seed, Series B E-Commerce, Health Care, Food and Beverage $1.1M–$86M
Christian Vollmann
Angel
8 Germany, Ireland, United States Seed, Angel, Series A Software, Internet, SaaS $1M–$5.6M
HOWZAT Partners
VC Fund
7 United Kingdom, Germany, United States Seed, Series A Travel, E-Commerce, SaaS $307k–$9.1M
KIZOO Technology Capital
VC Fund
7 United States, Germany, United Kingdom Seed, Series A, Series B Biotechnology, Health Care, Therapeutics $643k–$10M
eCAPITAL ENTREPRENEURIAL PARTNERS
VC Fund
7 Germany, United States, Italy Series A, Series B Information Technology, Software, Manufacturing $1.1M–$16M
BayBG Venture Capital
VC Fund
7 Germany, Italy, United States Series A, Series B Software, Information Technology, Health Care $428k–$5.9M
BlueYard Capital
VC Fund
7 United States, Germany, France Seed, Series A Software, Cryptocurrency, Internet $1.1M–$42M
Martin Sinner
Angel
7 Germany, Spain, Sweden Seed, Pre-Seed Software, Internet, SaaS $700k–$1.7M
Lakestar
VC Fund
7 United States, Germany, United Kingdom Series A, Seed, Series B Software, FinTech, Information Technology $2M–$91M
Wellington Partners
VC Fund
7 Germany, United States, United Kingdom Series A, Series B Health Care, Biotechnology, Medical $3M–$43M
Felix Jahn
Angel
7 Germany, United States, United Kingdom Seed, Pre-Seed Software, Internet, Information Technology $1.8M–$5.4M
Enjoyventure Management
VC Fund
7 Germany, Portugal, United States Seed, Series A Software, Information Technology, E-Commerce $1.1M–$7.5M
Venture Stars
VC Fund
7 Germany Seed, Series A E-Commerce, Pet, Software $268k–$8.6M
Access all 908 investors in Germany Internet startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

High-Tech Grunderfonds
VC Fund · Bonn, Nordrhein-Westfalen, Germany · 35 investments in Germany Internet startups, 64 in the past 12 months

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.

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Investment focus

  • Industry: Software, Information Technology, Biotechnology
  • Stage:Seed, Series A
  • Geography: Germany, Switzerland, United States

Investor stats

  • Total investments: 373
  • Round size: Seed $665k–$5.1M; Series A $1.5M–$16M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Inovedis — Inovedis offers innovative solutions in medical technology that contribute both to optimized patient care as well as time and cost reductions in the healthcare sector.
  • Resourcify — Mein Recycling is developed by Resourcify GmbH from Hamburg. The app is the easiest solution for businesses to easily manage all of their waste, collections, and recyclers in one app, and for waste management companies to seamlessly connect with their customers online. Their vision is zero-waste: enabled with the digital transformation of the wastesector as the foundation for the circular economy.
  • traceless materials — traceless materials offer a holistically sustainable alternative to plastics: 100% biobased on plant residues, compostable under natural conditions, and free of toxic chemicals. For a future free of pollution and waste!
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HV Capital
VC Fund · Munich, Bayern, Germany · 35 investments in Germany Internet startups, 14 in the past 12 months

We support exceptional founders in building market leading digital companies.

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Investment focus

  • Industry: E-Commerce, Internet, Software
  • Stage:Series A, Seed, Series B
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 333
  • Round size: Seed $1.3M–$10M; Series A $2.1M–$33M; Series B $4.3M–$80M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Payrails — Payrails enables high-growth companies to craft their payment experiences and financial services globally.
  • Cello — Turn users into your most valuable growth channel. Cello is the easiest way to add a P2P referral program to any SaaS product in hours.
  • NEURA Robotics — NEURA Robotics is revolutionizing the world of robotics by using cognitive capabilities to bring robots and humans closer together.
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IBB Ventures
VC Fund · Berlin, Berlin, Germany · 26 investments in Germany Internet startups, 10 in the past 12 months

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.

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Investment focus

  • Industry: Software, Health Care, Internet
  • Stage:Seed, Series A
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 169
  • Round size: Seed $820k–$4.3M; Series A $2.1M–$7M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: Likely still investing — raised $32M in 2022

Portfolio highlights

  • nuwo — Workplace as-a-Service. nuwo is the #1 platform 
for financing, equipping 
and managing hybrid 
workspaces
  • MERSOR — MERSOR is an online marketplace for stylish and pre-curated gifts with a unique and innovative customer experience. We aim to make gifting easy, fast and fun again by not only providing the perfect gift but also assisting the customers in their overall gift management.
  • Wonnda — Wonnda is the digital infrastructure where buyers and suppliers collaboratively build the consumer products of tomorrow
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APX
VC Fund · Berlin, Berlin, Germany · 21 investments in Germany Internet startups, 16 in the past 12 months

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.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Pre-Seed, Seed
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 158
  • Round size: Seed $1.1M–$3.4M; Pre-Seed $54k–$900k
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $59M in 2021

Portfolio highlights

  • askui — Use natural language to automate your UI tests. Our UI test solution is based on visual features and offers a real no-code black-box test.
  • CYCLE — GetHenry is a rapidly growing subscription service for market-leading delivery companies. We make sure that thousands of couriers are on the move safely, quickly and comfortably every day. In this way, we not only create added value for delivery services, but also help to reduce transport-related CO2 emissions on the last mile.
  • Genie — Genie is a productive web development framework in Julia. Build web applications, UIs, backends, integrate with databases, set up web services and APIs.
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Cherry Ventures
VC Fund · Berlin, Berlin, Germany · 19 investments in Germany Internet startups, 20 in the past 12 months

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.

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Investment focus

  • Industry: Software, FinTech, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 196
  • Round size: Seed $1.9M–$11M; Series A $5.5M–$27M; Series B $8M–$100M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $340M in 2022

Portfolio highlights

  • Buycycle — Buycycle is an online market place that offers pre-owned bikes. Buycycle is headquartered in Munich, Bayern and was founded in 2021.
  • HOLOGATE — HOLOGATE is the market leading virtual reality and immersive media company offering innovative extended reality solutions for entertainment and enterprise applications.
  • Narval — Securely use your digital assets with web3-native policy controls over any key storage & custody model
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TEV Ventures
VC Fund · Essen, Nordrhein-Westfalen, Germany · 18 investments in Germany Internet startups

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.

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Investment focus

  • Industry: E-Commerce, Internet, Fashion
  • Stage:Series A, Seed
  • Geography: Germany, Australia, United States

Investor stats

  • Total investments: 87
  • Round size: Seed $536k–$5.7M; Series A $3.4M–$13M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Rebike Mobility — rebike1 purchases new E-Bikes from Top manufactures and brands like Winora/Haibike, Husqvarna, Flyer, KTM, Orbea. After renting the E-Bikes to businesses and consumers, the fully refurbished E-Bikes are sold with a 2 yr. warranty on rebike1. rebike1 also purchases used stock of E-Bikes from rental stations and retailers and sell them fullyrefurbished to consumers. In Oberstdorf, a Top tourist location south of Munich, rebike1 operates the largest E-Bike rental station in the area. Under the brand ebike1verleih, the rental business is expanding within tourist areas in partnership with local bike-shops. rebike1 GmbH was founded 2018 and has 18 employees today.
  • Blickfeld — Discover the world's first smart LiDAR solution that combines state-of-the-art hardware with powerful software to digitalize whole industries!
  • Planted Foods — Planted is an ETH Spinoff that uses cutting-edge technology to turn four natural ingredients into plant-based meat that mimics the taste, texture, and mouthfeel of traditional animal meat. It takes only the best raw materials from plants and creates that tasty, nutritious, high-protein, and juicy planted that the customers love.It was founded in2019 and is headquartered in Zürich, Switzerland.
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Saarbruecker 21
VC Fund · Berlin, Berlin, Germany · 18 investments in Germany Internet startups

They are a group of friends and internet/tech entrepreneurs who first met ten years ago in Saarbruecker Strasse 21 in Berlin Prenzlauer Berg. All of them started successful businesses, they are founders and share a passion for building great companies. As active business angels, they also invest in young startups, either individually orcollectively as a group. They provide seed funding for killer-founders and great ideas. But way more important: they help to avoid mistakes that they have already made . They introduce to the right people. They provide with all the experience that they have. Not just talking about it but helping hands-on.

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Investment focus

  • Industry: Software, Internet, E-Commerce
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Germany, United States, Israel

Investor stats

  • Total investments: 70
  • Round size: Seed $107k–$3M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • SECJUR — Secjur provides a platform for automated compliance using AI. The startup's technology streamlines procedures in the Digital Compliance Office for areas including data security, anti-money laundering, and whistleblowing.
  • Synctive — Synctive enables equipment-as-a-service and pay-per-use business models for machine and plant manufacturers.
  • Kranus Health — Kranus Health is a global provider for Men‘s Health Prescription Digital Therapeutics (PDTs). Our therapies make millions of men live a better and longer life and enable doctors to treat their patients more efficiently.
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Project A Ventures
VC Fund · Berlin, Berlin, Germany · 17 investments in Germany Internet startups, 13 in the past 12 months

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.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 157
  • Round size: Seed $1.3M–$7.5M; Series A $1.1M–$15M; Series B $8.5M–$85M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Ello — Ello is an app-based reading coach that listens to your child read from real books, teaches and motivates them, and transforms them into enthusiastic readers.
  • ARX — ARX is a defence technology company that specialises in developing autonomous unmanned systems and sensors for the European defence sector.
  • twig bio — twig bio operates as a bioengineering startup. twig bio using AI and robotics to find sustainable replacements for harmful ingredients.
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Hasso Plattner Ventures
VC Fund · Potsdam, Brandenburg, Germany · 17 investments in Germany Internet startups

Hasso Plattner Ventures invests in fast-growing, information technology-driven companies in Europe and the USA on behalf of Prof. Dr. h.c. Hasso Plattner, co-founder and chairman of software giant SAP. The support we offer reaches beyond financial commitments. Our multifaceted work includes acting globally as a strategic partner for our informationtechnology growth companies. In Germany, our commitment has taken also the form of a seed program for information technology startups coming out of the Hasso Plattner Institute.After retiring from the operative business of SAP in 2003, Hasso Plattner was appointed Chairman of the company’s Supervisory Board. He has devoted his time to the promotion of science, innovation and entrepreneurship ever since.To further these goals, Hasso Plattner founded Hasso Plattner Ventures on July 1st, 2005 in Potsdam, Germany. Hasso Plattner Ventures Africa launched as an affiliate in 2008, operating from Cape Town, South Africa.Hasso Plattner Ventures manages four funds. HP Ventures I started in 2005, focusing on early stage software companies in Germany, Switzerland and Austria. In 2008, HP Ventures II and HP Ventures Africa launched, looking for investment opportunities in startup- and expansion-stage companies across the USA, Europe, Israel and South Africa.As of 2015, HP Ventures III, a €150 million fund, focuses on fast-growing enterprise and infrastructure software companies mainly in Germany and the Silicon Valley.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Series A, Seed
  • Geography: Germany, United States, South Africa

Investor stats

  • Total investments: 98
  • Round size: Seed $11k–$4M; Series A $429k–$8.4M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: May invest from a new fund soon — last raise in 2013

Portfolio highlights

  • Artory — Artory connects the art market with the digital-first, financial ecosystem. Combining our leading technology, art expertise, digital certification, and tokenization, Artory secures on the blockchain verified artwork information from expert partners.
  • Likeminded — Likeminded developed a digital platform for mental health that gives people fast, low-threshold access to psychological support.
  • Robin.io — Automate deployment of complex 5G & enterprise apps to improve productivity and reduce cost with cloud native Kubernetes storage on the Robin platform.
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Atlantic Labs
VC Fund · Berlin, Berlin, Germany · 16 investments in Germany Internet startups, 12 in the past 12 months

Atlantic Labs supports and invests in mission-driven founders working on transformative technology ventures.&nbsp;<br><br>We partner with founders early, providing the capital, tools and network necessary to growing their companies and accompanying them on their entrepreneurial journey. We are currently active in areas including Digital Health, Future of Work, Machine Learning, Decentralized Networks, Mobility and Industrial Applications.

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Investment focus

  • Industry: Health Care, Software, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, Switzerland, United States

Investor stats

  • Total investments: 156
  • Round size: Seed $1.1M–$5.6M; Pre-Seed $850k–$1.3M; Series A $4.6M–$27M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • SureIn — small business insurance manager
  • Colonia — Colonia is a logistics company that brings all global trucks and trailers into one shared fleet.
  • Purpose Green — Purpose Green operates as a climatetech company.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Earlybird Venture Capital
VC Fund · Berlin, Berlin, Germany · 16 investments in Germany Internet startups, 23 in the past 12 months

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.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Series A, Seed, Series B
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 247
  • Round size: Seed $1.2M–$14M; Series A $2M–$26M; Series B $4.8M–$40M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Binalyze — Binalyze enhances all your digital forensics and incident response processes at max speed.
  • ColibrITD — Quantum Computing Software Algorithm
  • Re-Fresh Global — Re-Fresh Global brings sustainability innovation into the manufacturing industry. Our patented biotechnology transforms textile waste into recycled raw materials: nanocellulose, ethanol, and sanitized textile pulp.
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Global Founders Capital
VC Fund · Berlin, Berlin, Germany · 15 investments in Germany Internet startups, 36 in the past 12 months

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

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Investment focus

  • Industry: Financial Services, Software, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 751
  • Round size: Seed $1.1M–$7.2M; Pre-Seed $725k–$5M; Series A $3.3M–$30M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Kaso — Elkaso is the leading Order and Procurement Management Tool for Restaurants and Suppliers in the Middle East.
  • Momento — Momento is an insurtech company with the objective of revolutionizing the insurance industry in Latin America, starting with car insurance. We want to make insurance easy and accessible for the underserved population in LATAM.
  • Equilibrium Energy — Equilibrium Energy operates at the intersection of grid variability, market volatility, economic optimization, commercial structuring, trading, and risk management, across the end-to-end power value chain. Their ambition is to become a next-generation clean power company that reshapes the energy industry. They address inquiries through onlineapplications.
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Point Nine
VC Fund · Berlin, Berlin, Germany · 14 investments in Germany Internet startups, 10 in the past 12 months

Point Nine Capital is a Berlin-based venture capital firm focused exclusively on early-stage Internet investments in areas like Software-as-a-Service (SaaS), online marketplaces, and mobile.The fund and its managers, Pawel Chudzinski and Christoph Janz have backed a number of highly successful Internet companies such as Delivery Hero, Clio,Shiftplanning, Vend, Typeform, and Zendesk from their earliest stages.

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Investment focus

  • Industry: Software, SaaS, Internet
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United States, France

Investor stats

  • Total investments: 214
  • Round size: Seed $800k–$4M; Series A $1.6M–$24M; Series B $6M–$40M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $193M in 2022

Portfolio highlights

  • Sereact — Discover the world's easiest pick-and-pack automation solution. Significant cost savings, productive 24/7, deployment in one day and no training required.
  • Grasp — Grasp mission is to increase the rate at which humans learn.
  • Amperecloud — ampere.cloud is Renewables & Environment company
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KfW
VC Fund · Frankfurt, Hessen, Germany · 13 investments in Germany Internet startups

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.

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Investment focus

  • Industry: Biotechnology, Software, Health Care
  • Stage:Series A, Series B
  • Geography: Germany, India, Kenya

Investor stats

  • Total investments: 137
  • Round size: Series A $1.6M–$10M; Series B $3.2M–$17M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • Uniper — Uniper is an international energy company with about 11,000 employees. They combine a balanced portfolio of technologically advanced large-scale assets with outstanding technical and commercial expertise. Uniper is a German energy company based in Dusseldorf, North Rhine-Westphalia. It was formed by the separation of E.ON's fossil fuel assetsinto a separate company that began operating on 1 January 2016.
  • NamPower — NamPower is the national power utility of Namibia and specializes in the generation and transmission of electricity.
  • Electrochaea — Electrochaea is commercializing a disruptive, scalable technology to convert electric power into methane, the principal component of natural gas. Using CO2 as a feedstock gas, power can be efficiently converted to renewable natural gas for power storage, for transportation fuels, or for transmission via a natural gas network. The company licensedtechnology from the University of Chicago and is led by the Nidus Partners, a St. Louis investment group specializing in renewable energy. Mich Hein, a Nidus Managing Partner, serves as CEO.Electrochaea has developed a commercially viable and disruptive solution for utility-scale energy storage, grid balancing, and carbon reuse. Their proprietary process converts low-cost and stranded electricity and carbon dioxide into pipeline-grade renewable gas for direct injection into the existing natural gas grid, a conversion process known as “power-to-gas”.
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TGFS - Technologiegründerfonds Sachsen
VC Fund · Leipzig, Sachsen, Germany · 13 investments in Germany Internet startups, 10 in the past 12 months

TGFS - Technologiegruenderfonds Sachsen is an early stage VC fund targeting high tech startups with strong growth potential. The fund invests into ventures located in Saxony/Germany, Europe's leading semiconductor cluster. The team has invested into more than 120 companies so far, including more than 40 investments from the currentfund.

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Seed, Series A
  • Geography: Germany, United States

Investor stats

  • Total investments: 116
  • Round size: Seed $563k–$3.5M; Series A $1.1M–$4.3M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: May invest from a new fund soon — raised $69M in 2016

Portfolio highlights

  • MiViA — From microstructure segmentation to grain size measurement! Our AI engine provides a fast and reliable metallographic analysis for metallic products.}
  • BeeOLED — BeeOLED’s technology enables OLED displays with significantly improved efficiency, brightness and operational stability at lower overall costs due to a less complex device structure.
  • BirdsView — BirdsView is to 'assist small e-commerce firms in transforming their own consumer data into effective, tailored marketing tactics and turning one-time purchases into devoted patrons.
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Redalpine
VC Fund · Zürich, Zurich, Switzerland · 13 investments in Germany Internet startups, 10 in the past 12 months

Redalpine is one of the leading European Venture Capital investors with a focus on highly scalable start-ups. The firm's mission is to help talented entrepreneurs turn an ambitious vision into reality by providing money, experience, coaching, and a strong network. The firm is focused on seed and early-stage investments in disruptivetechnologies in tech and health tech. Redalpine launched its first fund (Redalpine Capital I) in 2007, following the founding partners’ track record of some excellent trade sales and IPOs as serial entrepreneurs and professional angel investors. In 2021 Redalpine closed its sixth fund (Redalpine Capital VI) and currently has approx. USD 1 Billion in AUM. The highly interdisciplinary Redalpine team supports more than 70 portfolio companies with operational and sector-specific expertise and with a rich international network.Redalpine started with its first fund (Redalpine Capital I) in 2007 based on the track-record of some excellent trade-sales and IPOs as serial entrepreneurs and professional angel investors. Redalpine sucessfully launched Redalpine Capital II in 2012 and Redalpine Capital III in 2016. The funds are registered in Luxemburg and backed by dozens of experienced entrepreneurs and investors representing various countries, and a broad range of industries.

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Investment focus

  • Industry: Software, Biotechnology, Health Care
  • Stage:Series A, Seed, Series B
  • Geography: Germany, Switzerland, United Kingdom

Investor stats

  • Total investments: 130
  • Round size: Seed $800k–$6.7M; Series A $2M–$24M; Series B $12M–$59M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Zealy — A simple, fun & creative way to join trendy communities, make an impact and earn rewards.
  • Genialis — Genialis is a precision medicine data science company focused on new ways to treat disease. Blending computational biology and AI-based methods, Genialis merges and models data at the intersection of clinical and translational medicine and drug discovery. Genialis is trusted by biopharma and big pharma alike, to validate targets, predict biomarkersand optimally position novel drugs. Together, Genialis and its partners are bringing improved solutions to drug discovery to change people's lives.
  • Umiami — Umiami Technologies is a leader in plant-based meat. Our proprietary technology allows us to create clean-label and incredibly tasty foods.
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WestTech Ventures
VC Fund · Berlin, Berlin, Germany · 12 investments in Germany Internet startups, 6 in the past 12 months

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.

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Investment focus

  • Industry: Software, Internet, Information Technology
  • Stage:Seed, Series A
  • Geography: Germany, United States, France

Investor stats

  • Total investments: 52
  • Round size: Seed $1M–$12M; Series A $3M–$6.9M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Notch — Boost your deal win rates and customer onboarding with Notch. Create tailored buyer experiences, structured action plans, and gain valuable insights. Try our demo today.
  • Careloop — Berlin-based HR-tech and EduTech startup with a focus on the German healthcare industry.
  • THE CLIMATE CHOICE — The software platform for decarbonizing companies and their supply chains.
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468 Capital
VC Fund · 12 investments in Germany Internet startups, 16 in the past 12 months

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.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 118
  • Round size: Seed $1.9M–$14M; Pre-Seed $1.5M–$5.4M; Series A $11M–$20M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — raised $400M in 2022

Portfolio highlights

  • askui — Use natural language to automate your UI tests. Our UI test solution is based on visual features and offers a real no-code black-box test.
  • Metergrid — Metergrid is a developer of SaaS products for specific problems in decentralized energy systems. They offer a market-leading automated cloud solution for the profitable realization, management, and billing of tenant power projects and charging infrastructure.
  • Aleph Alpha — Aleph Alpha develops AI systems for modern security challenges.
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TA Ventures
VC Fund · Frankfurt, Hessen, Germany · 12 investments in Germany Internet startups

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.

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Investment focus

  • Industry: E-Commerce, Software, Internet
  • Stage:Seed, Series A
  • Geography: United States, Germany, India

Investor stats

  • Total investments: 135
  • Round size: Seed $350k–$5M; Series A $2.3M–$14M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Giza — Giza changes this by using zero-knowledge cryptography to bring model inferencing on-chain, unlocking a new depth for smart contract design.
  • Utorg — Utorg is a fintech company that offers а modern on/off-ramp and web3 consumer infrastructure to deliver а top-notch user experience. The company is EU-based and holds a license for providing a virtual currency service, in particular exchanging a virtual currency against fiat currency, virtual currency wallet service, and exchanging virtualcurrency against a virtual currency.Utorg was founded in 2020 and is based in Tallinn, Estonia.
  • Cube3.ai — CUBE3.AI is a web3 security platform that provides real-time transaction protection for smart contracts, safeguarding against cyber exploits, fraud, and compliance risks.
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b2venture (formerly btov Partners)
VC Fund · Saint Gallen, Sankt Gallen, Switzerland · 11 investments in Germany Internet startups, 12 in the past 12 months

Btov Partners is a venture capital firm focused on early-stage investments in digital and industrial technology companies. With investment teams in Digital and Industrial Tech, Btov invests EUR 50m per year in high-growth companies with ticket sizes from EUR 0.25m to 3.5m.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: Germany, Switzerland, United Kingdom

Investor stats

  • Total investments: 190
  • Round size: Seed $1.1M–$5.6M; Series A $3.8M–$14M; Series B $4M–$30M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • AI21 Labs — AI21 Labs is an AI lab & product company whose mission is to reimagine the way we read and write by making the machine a thought partner to humans.
  • Calvin Risk — We help companies manage the risks of their AI algorithms!
  • NVision Imaging Technologies — NVision Imaging Technologies is leveraging advances in quantum physics to enable the first routine, convenient and affordable use of Magnetic Resonance Imaging (MRI) for assessing early patient response to cancer treatment at the metabolic level.
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Capnamic Ventures
VC Fund · Cologne, Nordrhein-Westfalen, Germany · 11 investments in Germany Internet startups, 9 in the past 12 months

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.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United States, Switzerland

Investor stats

  • Total investments: 111
  • Round size: Seed $1.7M–$7.5M; Series A $2.4M–$11M; Series B $4.3M–$28M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • cleverly.de — cleverly.de is an onlineplatform which provides online coaching and tutorial classes.
  • Dexory — Robotics, AI, automation, digital twin technology, data-led, inventory checks
  • ACCURE Battery Intelligence — Accure is a battery analytics company. The software and AI-driven solution assist manufacturers and operators in monitoring the overall health and safety conditions of a battery system throughout its lifecycle.
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Rocket Internet
VC Fund · Berlin, Berlin, Germany · 11 investments in Germany Internet startups

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.

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Investment focus

  • Industry: E-Commerce, Internet, FinTech
  • Stage:Seed, Series A
  • Geography: Germany, Singapore, United Kingdom

Investor stats

  • Total investments: 132
  • Round size: Seed $589k–$4.3M; Series A $3.8M–$40M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Apata — Apata the go-to fraud prevention provider for fintech issuers.
  • Knoma — Search hundreds of courses from leading schools and bootcamps. Learn now and pay later with Knoma and spread the cost with ethical finance
  • The Coterie — https://blog.thecoterie.co/introducing-the-coterie-34e739cb85dcThe Coterie builds financial software for people who may make more from assets than salary. We offer founders access to venture capital investments, estate planning strategies and, coming soon, lending products. Our founders—Ethan Agarwal, Jeson Patel, and ChrisBoies—have all founded and sold companies before. We built The Coterie, alongside our incredible team, because we saw the need for these products first hand, and we created the world we want to live in. We’ve raised $50M in funding, led by Andreessen Horowitz. Other investors include Garry Tan (Midas List), Gokul Rajaram (IFKYK), Mar Hershenson (Midas List), Stanley Tang (Doordash co-founder), and more. Loans are made by Coterie Finance LLCLoans are made by Coterie Finance LLC. Investment advisory services provided through The Coterie Management Co LLC. Not investing advice, no guarantee of future results.
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bm-t beteiligungsmanagement thuringen
VC Fund · Erfurt, Thuringen, Germany · 10 investments in Germany Internet startups

bm-t beteiligungsmanagement thüringen is a regional venture capital and private equity company with fokus on investments in the State of Thüringen in Germany only. We invest in innovative companies with strong growth potential across all sectors and all phases of the corporate lifecycle.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Series A
  • Geography: Germany, United States

Investor stats

  • Total investments: 53
  • Round size: Seed $450k–$7M; Series A $1.1M–$2.9M
  • Lead/follow: 70% lead, 30% follow

Portfolio highlights

  • rooom.com — rooom is a global startup based in Germany, launched in 2019. The company’s experienceCloud is an all-in-one platform for creating, managing and promoting engaging 2D, 3D, AR & VR experiences. It works across all desktop and mobile devices. rooom’s experienceCloud is designed to cover the marketing and visualization needs of differentindustries through their comprehensive product portfolio. These include eventCloud (optimized for virtual events, exhibitions, conferences, meetings), spaceCloud (real estate, property, museums), productCloud (3D products, product showrooms) and immerseCloud (tours, guides, 3D books). rooom’s eventCloud is routinely hosting up to 200,000 users for hybrid events like IFA, Berlin and for global customers such as Porsche, Deutsche Telekom, DHL and E.ON. rooom has won over 20 awards, including the Global Eventex Award (twice), the Innovation & Excellence Award and the German Innovation Award.
  • tediro — tediro develops a mobile robotics platform for multiple applications in healthcare primarily therapy and diagnostics
  • Coachwhisperer — Coachwhisperer offers smart intercom and monitoring system for coaches and athletes.
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DN Capital
VC Fund · Menlo Park, California, United States · 10 investments in Germany Internet startups, 10 in the past 12 months

DN Capital is an early-stage venture capital firm that invests primarily in Europe and North America. The firm focuses on companies that plan to establish operations on both sides of the Atlantic, and strives to help its companies build international businesses. Founded in 2000, the company has operations in London and Silicon Valley. DN Capital’sprevious funds are top performers and the firm is one of the lead investors in companies such as Endeca (sold to Oracle), Shazam (one of the world’s leading mobile app), Auto1 (world's largest used car marketplace), Purplebricks (IPO London) and Quandoo (sold to Recruit).

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Series A, Series B, Seed
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 220
  • Round size: Seed $111k–$7M; Series A $1.6M–$17M; Series B $7.5M–$24M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Cubyn — Cubyn picks your stuff up at your place, packages it and ships it for you to any destination worldwide. Cubyn allows any e-retailer to benefit from the power supply of an Amazon from her living room, without obligation.
  • Aibidia — Discover the Aibidia TXM Platform and our digital transfer pricing applications, eliminating billions of euros in tax inefficiencies and risks.
  • GoStudent — GoStudent is a platform for online teaching and is the future of tutoring. The EdTech company was founded in Vienna in 2016 by Felix Ohswald (CEO) and Gregor Müller (COO). Currently, GoStudent is operational in 15 markets. Via its platform, GoStudent provides paid, one-to-one, video-based tuition to primary, secondary, and college-aged students in20+ subjects, using a membership model. Lessons are booked via the GoStudent platform and accessed using a computer or a mobile device. During each tutoring session, students and tutors interact live in a virtual classroom. Integrated features, such as a whiteboard and the option to share a screen and edit documents together, are included. The cornerstone of this concept was laid in 2015 by Felix Ohswald and Gregor Müller when they established a WhatsApp-based homework chat service for students. GoStudent employs more than 600 people and has opened 12 international offices. Over 400,000 tutoring units are booked each month. Currently, GoStudent has around 15,000 customers and works with 5,500 international tutors. To date, GoStudent has raised more than €291m. Investors include Left Lane Capital, DN Capital, Coatue, and DST Global.
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Target Partners
VC Fund · Munich, Bayern, Germany · 10 investments in Germany Internet startups

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.

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Investment focus

  • Industry: Software, Enterprise Software, SaaS
  • Stage:Series A, Series B, Series C
  • Geography: Germany, United States, Switzerland

Investor stats

  • Total investments: 103
  • Round size: Series A $1.5M–$9.1M; Series B $2.4M–$20M; Series C $3.1M–$12M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: May invest from a new fund soon — raised $73M in 2014

Portfolio highlights

  • tado° — Tado° is The Heating App for private homes and small businesses. It adjusts to the residents' behavior in real time and also takes current weather forecasts and building characteristics into account. tado° GmbH is a Munich based Tech Startup bringing Internet of Things into the Cleantech Market. It was founded by Christian Deilmann, JohannesSchwarz, Valentin Sawadski and Leopold von Bismarck in 2011. A team of qualified young professionals has been working on the development of tado° for approximately two years in Munich.
  • NavVis — NavVis next-generation technology for the built environment enables accurate mobile mapping of indoor spaces and enterprise-ready digital twin solutions.
  • Dedrone — Dedrone is the global leader in anti-drone / counter-drone solutions with the most customers in more countries
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Brandenburg Kapital
VC Fund · Potsdam, Brandenburg, Germany · 10 investments in Germany Internet startups, 8 in the past 12 months

With a track record of over 20 years in venture capital and experience from more than 200 investments in numerous companies BFB Brandenburg Kapital GmbH (BFB) is the most active equity investor in Brandenburg. BFB invests in fast-growing technology-orientated companies throughout the whole life-cycle. Target sectors are ICT/Digital Economy,Life Science, MedTech, Proptech, Industrial Applications. BFB invests in companies based in or with facilities in Brandenburg. The current VC fund is financed by the European Regional Development Fund (ERDF) an Investitionsbank des Landes Brandenburg (ILB).

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Series A
  • Geography: Germany, United Kingdom

Investor stats

  • Total investments: 53
  • Round size: Seed $696k–$2.1M; Series A $2.7M–$7.4M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Doctorflix — Doctorflix is a medical education platform that allows doctors around the globe to learn about methods of treatment while accelerating their system-required professional development. We are on a mission to build an engine that simplifies and democratizes the consumption and exchange of medical knowledge by interlinking doctors, hospitals, andpharmaceutical companies.
  • mama health — mama health is a platform to find others around the world living the same journey as you - and learn form each other's experience.
  • DearEmployee — DearEmployee is the Workplace Mental Health Platform. As a corporate health start-up, we support employers in designing healthy and motivating working conditions for their employees in order to reduce mental stress and to increase employee productivity. Using the DearEmployee platform, companies can easily and digitally measure mental stress at theworkplace in a scientific way, and subsequently sign up to tailored health and HR measures. The solution also meets the legal requirements for mental health risk assessment in Germany.
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NRW.BANK
VC Fund · Düsseldorf, Nordrhein-Westfalen, Germany · 10 investments in Germany Internet startups

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.

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Investment focus

  • Industry: Biotechnology, Software, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United States

Investor stats

  • Total investments: 79
  • Round size: Seed $107k–$7.5M; Series A $2.1M–$13M; Series B $2.7M–$9M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: May invest from a new fund soon — raised $86M in 2011

Portfolio highlights

  • bNear — bNear is the digital space for all distributed- & hybrid teams - Safe and convenient in Microsoft Teams!
  • Companyon Analytics — Companyon Analytics provides data security, cloud infrastructure, information technology, technical solutions, and consultancy services.
  • Refined Laser Systems — Refined Laser Systems is a dynamic biophotonics company.It specialises in creating innovative laser systems for SRS-microscopy and quantum technology.
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Bayern Kapital
VC Fund · Landshut, Bayern, Germany · 10 investments in Germany Internet startups, 25 in the past 12 months

Bayern Kapital (founded at the end of 1995) is a wholly owned subsidiary of the LfA Foerderbank Bayern (Bavaria‘s development bank). Bayern Kapital’s objective is to finance research and development as well as the market launch of new products, product diversifications, and expansion of the market share.The requesting company has to be located inBavaria. Industries are e. g. IT/software, life sciences, new materials, micro-systems and environmental technologies.Bayern Kapital and its funds have invested in more than 250 companies and currently manages funds to the value of EUR 340 m. The five investing funds currently managed by Bayern Kapital are Seedfonds Bayern, Clusterfonds Start-Up!, Innovationsfonds, Innovationsfonds EFRE and Wachstumsfonds Bayern.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Series A
  • Geography: Germany, United States, Finland

Investor stats

  • Total investments: 156
  • Round size: Seed $750k–$4.6M; Series A $1.5M–$16M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — last raise in 2010

Portfolio highlights

  • memtime — memtime shows you everything you worked on during the day. Each program is recorded so that you can quickly remember. Add-on available for any software. | memtime
  • FERNRIDE — Fernride enables automated, sustainable logistics by combining the skills of remote drivers with autonomous technologies.
  • Driveblocks — driveblocks' Mapless Autonomy Platform enables heavy duty vehicles to reliably detect objects and perceive their sourrounding without relying on high-definition maps. It's applications are container terminals, mining, agriculture, and hub-to-hub logistics. The technology unlocks cost-saving potentials, safety improvements and more efficient workflows.
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Senovo
VC Fund · München, Bayern, Germany · 10 investments in Germany Internet startups

Senovo is an early-stage VC funding global B2B SaaS category-leaders from Europe in Seed or Series A fundraising rounds. The fund invests into enterprise software startups in the areas of process optimization, industry 4.0 and data-enabled solution. The investor supports tech entrepreneurs in scaling marketing, sales, organisation, finance and KPIs.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: Germany, Sweden, Austria

Investor stats

  • Total investments: 56
  • Round size: Seed $1.6M–$4M; Series A $2.7M–$10M; Series B $4.9M–$28M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Parloa — Transform your customer service with our customized, enterprise-ready contact center AI platform across all channels.
  • CultureAI — Measure and improve human cyber risks and security behaviours to prevent security incidents. Go beyond security awareness training, start your free trial today.
  • IP Fabric — IP Fabric Network Assurance platform will help you automate network operations and prevent outages. Discover, Verify, Document & Visualize...
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coparion
VC Fund · Cologne, Nordrhein-Westfalen, Germany · 9 investments in Germany Internet startups, 6 in the past 12 months

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.

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Investment focus

  • Industry: Software, SaaS, FinTech
  • Stage:Series A, Seed, Series B
  • Geography: Germany, Switzerland, United States

Investor stats

  • Total investments: 90
  • Round size: Seed $2M–$8.9M; Series A $4.5M–$14M; Series B $9.6M–$54M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • Finoa — Finoa is the leading European crypto-asset management platform, empowering businesses and institutions to engage with crypto safely and intuitively.
  • ContractHero — ContractHero is a leading digital contract management solution for business customers. The smart and easy-to-use software provides an overview of all current contracts, quickly identifies unnecessary costs and reduces risks from missed contract deadlines. As a result, companies have full control over their contracts and avoid missed deadlines andunnecessary costs.
  • Finanzguru — Finanzguru is an AI based financial assistant.
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Monkfish Equity
VC Fund · Leipzig, Sachsen, Germany · 9 investments in Germany Internet startups

Monkfish Equity is the investment vehicle of the trivago founders. As Co-investors, with a focus on later stage phases, they invest in companies which can benefit from their entrepreneurial experience. Running the world´s biggest travel meta portal with over 500 M$ revenue (2015), the people behind Monkfish Equity understand entrepreneurs needs andfocus on value adding activities. As “low maintenance” investors, they offer the leeway that entrepreneurs need to build their businesses.

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Investment focus

  • Industry: Internet, E-Commerce, Marketplace
  • Stage:Seed, Series A
  • Geography: Germany, United States, Austria

Investor stats

  • Total investments: 54
  • Round size: Seed $27k–$3M; Series A $3.2M–$15M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Dogo GmbH — Download Dogo, a positive dog training app with clicker. Train your puppy at home and become best friends with your dog. +100 tricks & games.
  • Refurbed — Refurbed operates as an online marketplace for refurbished products in the german-speaking world. It sells renewed phones, laptops and tablets which are up to 40% cheaper and 100% more environmentally friendly than their brand-new, store-bought counterparts. Refurbed devices are renewed through a 40-step process, making them look like new andfunction like new. On top of that, each device comes with at least a 12-month guarantee.The company was founded in 2017 and is headquartered in Vienna, Austria.
  • ArtNight GmbH — ArtNight GmbH offers unique do-it-yourself art workshops.
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Headline
VC Fund · San Francisco, California, United States · 9 investments in Germany Internet startups, 28 in the past 12 months

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.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 347
  • Round size: Seed $1M–$10M; Series A $3.2M–$23M; Series B $6M–$40M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Mission Brasil — Mission Brasil is an information technology solution that provides a digital outsourcing platform for business development. Their services include legal and administrative, retail and monitoring, research and audit, hidden shopper, data and accreditation, logistics, and direct sales.
  • NUMA Group — Life's hard. Travelling shouldn't be. Book a fully furnished room or apartment in some of Europe's coolest neighbourhoods and see how simple travel can be.
  • Trellis Research — Trellis Research is a research tool for litigators.
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DvH Ventures
VC Fund · Köln, Nordrhein-Westfalen, Germany · 8 investments in Germany Internet startups, 9 in the past 12 months

Investing early in Europe's most passionate founders.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Series A
  • Geography: Germany, Austria, Liechtenstein

Investor stats

  • Total investments: 61
  • Round size: Seed $1M–$7.5M; Series A $2.5M–$11M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Dr. Vivien Karl — Dr. Vivien Karl relies on a cream for moisturizing care against vulva dryness.
  • Virtonomy GmbH — Virtonomy is shortening time-to-market of medical products by conducting data driven studies on virtual patients.
  • Broken String Biosciences — Our platform accelerates the characterisation of novel gene editing technologies to unlock the next wave of cell & gene therapies.
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Target Global
VC Fund · Berlin, Berlin, Germany · 8 investments in Germany Internet startups, 17 in the past 12 months

Target Global is a venture capital firm that invests in tech companies across their lifecycles. Target Global follows a lifecycle approach, investing in tech companies. Their partners have been investing for more than 15 years in the digital technology space, backing some of the European success stories.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Series A, Seed, Series B
  • Geography: Germany, Israel, United Kingdom

Investor stats

  • Total investments: 179
  • Round size: Seed $2.7M–$14M; Series A $2M–$32M; Series B $9.5M–$100M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Lepaya — Lepaya boosts employee development with Power Skills training. Join the learning curve of a lifetime. Look at our Tracks!
  • luca — Your digital life is shaped by people who think they know you.
  • Communion — Build your buffer against the world and fix your relationship with money.
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Speedinvest
VC Fund · Vienna, Wien, Austria · 8 investments in Germany Internet startups, 53 in the past 12 months

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.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, United Kingdom, Austria

Investor stats

  • Total investments: 390
  • Round size: Seed $536k–$6.5M; Pre-Seed $396k–$1.9M; Series A $1.4M–$50M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • autone — Autone is a SaaS operational platform enabling retail & CPG businesses to make optimal decisions easily and quickly
  • Genie — Genie is a productive web development framework in Julia. Build web applications, UIs, backends, integrate with databases, set up web services and APIs.
  • Purpose Green — Purpose Green operates as a climatetech company.
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Grazia Equity
VC Fund · Stuttgart, Baden-Wurttemberg, Germany · 8 investments in Germany Internet startups

Grazia Equity is a venture Capital firm investing in innovative, technology driven startups with high potential.Based in Stuttgart (Germany), Grazia has been supporting a large number of mostly young companies, often from their foundation to the Initial Public Offering or eventual sale. In contrast to other venture capital firms, theypredominantly work with their own capital that they invest as entrepreneurs.

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Investment focus

  • Industry: Internet, E-Commerce, Biotechnology
  • Stage:Series A, Seed, Series B
  • Geography: Germany, United States, Switzerland

Investor stats

  • Total investments: 72
  • Round size: Seed $964k–$11M; Series A $1.1M–$12M; Series B $2.4M–$15M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • VYTAL — Start the Packaging Revolution! We are offering smart & reusable To-Go Packaging-as-a-Service to gastronomy clients & consumers.In Germany the consumption of take-away, convenience and delivery food & drinks is responsible for about 281 kilotons of single-use packaging waste for immediate consumption and is growing at double digitrates. Most of the time, To-Go food containers, snack boxes or coffee cups have a very short life-span of only 30 minutes after which they are tossed into trash (or litter parks, beaches & the ocean). This is not only a giant waste of economic resources as each single use costs between 15 and up to 0,60€ for a stable bowl/box with a lid. It is a horrendous waste of environmental resources (wood, water, crude oil, metals & energy) that are used to produce this packaging. Therefore, a single use packaging not weighing more than 30 grams can easily come with an ecological backpack of more than 8 kilograms when taking into account all the resources used in production (material intensities taken from Wuppertal Institute for Climate, Environment and Energy). Looking at GHG emissions, the picture is similarly bleak: Using CO2 emission factors and the detailed material mix of the single-use packaging waste analyzed by NABU (German Nature and Biodiversity Conservation Union), the 281 thousand tons waste from To-Go consumption generated around 556 thousand tons of CO2 or the equivalent of 195k passenger cars per year (assuming an average distance travelled of 15,000km). With the expected rise of take-away, convenience and delivery food, the related emissions are expected to increase at double digit rates as waste volume is expected to increase and as we saw a shift to plastics relative to cardboard or other materials. While there is a growing awareness of the problem, especially in Germany, there is no scalable solution yet and the commonly used alternative of nature-based & ‘biodegradable’ materials like bagasse or PLA also require many resources for production & transport, and have to be incinerated or go to landfill after use as there is currently no way to compost them.
  • ZAGENO — ZAGENO is a multi-vendor, online marketplace of life science products which, by simplifying the procurement process, saves more time for science.
  • Hypatos — Manual document processing is a major cost driver. Hypatos' deep learning tech automates complex document processing tasks. Make back office more efficient!
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Balderton Capital
VC Fund · London, England, United Kingdom · 8 investments in Germany Internet startups, 24 in the past 12 months

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.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Series A, Series B, Series C
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 305
  • Round size: Series A $3.5M–$23M; Series B $8M–$85M; Series C $8M–$55M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $600M in 2021

Portfolio highlights

  • JOKR — Grocery shopping is easier now with JOKR, your instant delivery app. Order your groceries and favorite products in our online supermarket and get them instantly at your door. Download the app now and make your first grocery order on us. Available in IOs and Android. Access www.jokr.com for more info
  • Writer — Accelerate growth across every team with the most secure AI platform. We customize generative AI to your workflows, not the other way around.
  • Anytype — for those who celebrate trust & autonomy.
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Vorwerk Ventures
VC Fund · Berlin, Berlin, Germany · 8 investments in Germany Internet startups

Vorwerk Ventures is an independent €150m Venture Capital Fund grown out of the Vorwerk Group in late 2019 and defines itself through a strong commitment towards consumer-facing digital businesses. Our unique direct selling experience in addition to an outstanding track record in Venture Capital provides added value for forward-thinkingentrepreneurs. Headquartered in Berlin Germany, we currently have more than €250m in assets under management and are constantly on the look-out for promising opportunities starting with Seed/Series A investments of €1m to €10m and ensuring continuous support reserving up to €15m for upcoming financing rounds. An outstanding founding team, an existing market presence and a well-defined exit strategy framed by a consumer-centric business model are key requirements to us when it comes to making an investment decision.

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Investment focus

  • Industry: E-Commerce, Health Care, Food and Beverage
  • Stage:Series A, Seed, Series B
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 70
  • Round size: Seed $3.2M–$11M; Series A $1.1M–$24M; Series B $10M–$86M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Sunhero — Sunhero delivers custom-built solar panel solutions. Sunhero offers consumers a hassle-free method of installing customised photovoltaic solar systems on their homes, be that either purchasing outright or renting for a 20 year period.
  • Rex — Veterinary practices you always wanted
  • Planted Foods — Planted is an ETH Spinoff that uses cutting-edge technology to turn four natural ingredients into plant-based meat that mimics the taste, texture, and mouthfeel of traditional animal meat. It takes only the best raw materials from plants and creates that tasty, nutritious, high-protein, and juicy planted that the customers love.It was founded in2019 and is headquartered in Zürich, Switzerland.
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Christian Vollmann
Angel · Berlin, Berlin, Germany · 8 investments in Germany Internet startups

Christian Vollmann is the Chairman Of The Board at nebenan.de.

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Investment focus

  • Industry: Software, Internet, SaaS
  • Stage:Seed, Angel, Series A
  • Geography: Germany, Ireland, United States

Investor stats

  • Total investments: 27
  • Round size: Seed $1M–$5.6M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • xolo — Xolo is a 3D printing firm that offers a volumetric printing solution to various industries.
  • marta — German Version below:marta offers a market place for families, people in need of care and European caregivers. We believe that, on the one hand everyone has the right to receive appropriate care and to age with dignity and on the other hand caregivers should be able to do their work under fair conditions.We are working on software solutions toconnect caregivers with families across Europe and we support both parties during the entire process. In our own families we have seen that the current market is characterized by non-transparent services and does not deliver adequate quality. It is out mission to change that.That is why we at marta pursue the goal of making things better by applying our software solutions to fundamentally rebuilding the "24-hour" care market.Deutsche Version:marta bietet einen Marketplatz für Familien, pflegebedürftige Menschen und europäische Pflegekräfte. Aus unserer Sicht, hat zum einen jede/r das Recht darauf, angemessene Pflege zu erhalten und in Würde zu altern und zum anderen sollten Pflegekräfte unter fairen Bedingungen ihre Arbeit machen können.Wir arbeiten an dem Bau von Softwarelösungen, um Pflegekräfte mit Familien in ganz Europa zu verbinden und während der Betreuung zu begleiten. In unseren eigenen Familien haben wir gesehen, dass der derzeitige Markt von intransparenten Dienstleistungen geprägt ist und keine angemessene Qualität liefert.Deswegen verfolgen wir bei marta das Ziel, es durch unsere Softwarelösungen besser zu machen und den Markt der "24-Stunden" Pflege grundlegend neu aufzubauen.
  • Meine Erde — Meine Erde is a provider of ecological burial option in Europe.
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HOWZAT Partners
VC Fund · Luxembourg, Luxembourg, Luxembourg · 7 investments in Germany Internet startups

Howzat Partners is a venture capital firm specializing in incubation, seed, start up, growth capital, early stage, and mid venture investments. The firm seeks to invest in digital businesses with a focus on internet, digital media, e-commerce companies. It invests globally. It acts as as sounding board. The firm also makes co-investments. HowzatPartners was founded in 2006 and is based in Luxembourg and London.

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Investment focus

  • Industry: Travel, E-Commerce, SaaS
  • Stage:Seed, Series A
  • Geography: United Kingdom, Germany, United States

Investor stats

  • Total investments: 92
  • Round size: Seed $307k–$2.1M; Series A $1.5M–$9.1M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Suitepad — 2012, the idea for SuitePad was born. Merge guests' wallet, phone, remote, room-service menu, spa catalog, and newspapers on a device's vision was that for the first time was financed thanks to favorable expectant Android tablets.Product development was accompanied by renowned private and chain hoteliers from Germany, Austria, andSwitzerland. So the SuitePad was very close to the actual needs of the developed chain and private hotels. After 2013, the first SuitePad installation is completed, the product is found not only in sales so far in 11 European countries, but was also honored with numerous industry-related awards. These include the u. A. CeBit BITKOM Innovation Award 2013, the Gastro Vision Award 2014 of the Travel Industry Club Best Practice Award 2014, and the HSMAI Technology and Innovation Award.
  • Handiscover — Handiscover is the first community based Holiday accommodation-booking website, dedicated to people with special needs and disabilities. At the core of Handiscover lies a unique classification system which allows users to select accommodation based on their different levels of mobility/physical disability. It was founded by SebastienArchambeaud in 2014, a father to a boy with a muscle disease.
  • Mymoria — MYMORIA offers an one-stop-online-shop for full configuration and complete commissioning of funerals. Mymoria is able to offer its services significantly cheaper than traditional mortician homes. The company is offering its services nationwide and work hard to organize our processes efficiently while maintaining thehigh service standards.
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KIZOO Technology Capital
VC Fund · Karlsruhe, Baden-Wurttemberg, Germany · 7 investments in Germany Internet startups

KIZOO provides mentoring, seed and early-stage financing with a focus on rejuvenation biotech. Having been entrepreneurs, VCs and mentors in both, high growth tech and biotech companies theirselves for many years with multiple exits and massive value created for the founders, they now bring this experience to the emerging field of rejuvenationbiotech - a young industry that will eventually become much bigger than today's largest technology markets. ​ As part of the Forever Healthy Group, they directly support the creation of startups that turn research on the root causes of aging into therapies and services for humans. ​ Forever Healthy's other initiatives include the evaluation of new rejuvenation therapies, evidenced-based curation of the world's cutting-edge medical knowledge, funding research projects on the root causes of aging and hosting the annual Undoing Aging Conference.

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Investment focus

  • Industry: Biotechnology, Health Care, Therapeutics
  • Stage:Seed, Series A, Series B
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 48
  • Round size: Seed $643k–$10M; Series A $1.5M–$3.2M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Cellvie — Cellvie develops cell-derived medicines, leveraging the therapeutic potential of mitochondria, the powerhouses of the cell.Mitochondria are at the heart of complex life's origin. Likely a bacterium at the time, the would-be-organelle merged with a simple organism, entering into a symbiotic relationship: The mitochondria began supplying theenergy for elaborate cellular functions to evolve, while the organism provided the mitochondria with an environment to thrive. Today, mitochondria are found in all human cells, except for red blood cells. They take on a pivotal role in cellular fate, as they produce most of the energy (ATP) and are involved in a large number of cellular and metabolic processes. The density of the organelles is particularly high in cells requiring a lot of cellular energy - e.g. cardiomyocytes or brain cells.Mitochondria function, and hence energy supply to the cell, may be impaired due to acute insults (e.g. ischemia) or genetic disorders (e.g. LOHN).Researchers at Harvard University developed an approach for mitochondria augmentation and replacement to ameliorate the damages from ischemia-reperfusion injury. Ischemia is a lack of blood flow leading to an undersupply of oxygen and an impairment of mitochondria function. Reperfusion describes the re-introduction of blood flow, inducing an oversupply of oxygen. Both, ischemia and reperfusion, damage cells, with the mitochondria dysfunction being at the heart of the injury. The cascade of events, from ischemia to reperfusion, will eventually lead to cell death. The most prominent acute conditions associated with ischemia-reperfusion injury are heart attacks. At Cellvie, we are developing a means to transplant viable mitochondria into the compromised cells, to interrupt the said cascade of events, re-enabling the cells to turn oxygen into energy via the mitochondria.
  • Mogling Bio — Mogling Bio is developing novel pharmacological approaches to rejuvenate old stem cells.
  • Elastrin Therapeutics — Elastrin Therapeutics platform technology a solution to heart disease, stroke, high blood pressure, copd and aneurysm. These diseases can be cured by our treatment; a nanoparticle that specifically targets elastin and is able to reverse calcification in the arteries and other tissues.
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eCAPITAL ENTREPRENEURIAL PARTNERS
VC Fund · Münster, Nordrhein-Westfalen, Germany · 7 investments in Germany Internet startups

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

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Investment focus

  • Industry: Information Technology, Software, Manufacturing
  • Stage:Series A, Series B
  • Geography: Germany, United States, Italy

Investor stats

  • Total investments: 101
  • Round size: Series A $2.7M–$4.9M; Series B $1.1M–$16M
  • Lead/follow: 76% lead, 24% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • BeeOLED — BeeOLED’s technology enables OLED displays with significantly improved efficiency, brightness and operational stability at lower overall costs due to a less complex device structure.
  • Build38 — Build38 is a global provider of mobile application protection solutions. Its solution represents a new generation of app-hardening technologies and service that protects apps from known and unknown attacks and opens the market to new digital business models. Build38 protects applications across various industries including automotive, financial,public transport and health care. Build38 is headquartered in Munich with global offices in Barcelona and Singapore. The company is a spin out of Giesecke + Devrient and ranks among the best IT Security startups in Germany. Build38 is an official GARTNER In-App Shielding Market Guide Vendor since 2019 and the first to combine: In-App Shielding + In-App Monitoring + AI-based In-App Reaction.
  • QuoIntelligence — Our finished intelligence will significantly reduce your operational risks and allow you to make informed security decisions.
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BayBG Venture Capital
VC Fund · München, Bayern, Germany · 7 investments in Germany Internet startups, 7 in the past 12 months

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.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Series A, Series B
  • Geography: Germany, Italy, United States

Investor stats

  • Total investments: 105
  • Round size: Series A $428k–$5.9M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • 4.screen — 4.screen is a technology company that develops technologies for driver interactions. The 4.screen Mobility Experience Cloud (MXC) connects the car to the mobility ecosystem and provides a standardized interface for real-time communication with drivers. 4.screen shares a common goal with car manufacturers and businesses – placing the driver at thecenter of every equation. Car manufacturers and mobility service providers implement 4.screen APIs into their existing systems and applications to provide integrated services for seamless journeys. Businesses of all sizes - from local shops to global brands - use 4.screen to communicate with drivers directly through the vehicle's screen. Drivers enjoy frictionless access to the mobility ecosystem, see more relevant content and benefit from value-added services such as sponsored parking and charging. The 4.screen technology is developed by a team of automotive, marketing, and software experts who are committed to creating seamless experiences for drivers.
  • ChargeOne — The complete charging solution for your e-mobility.
  • SUSHI Bikes — SUSHI Bikes has developed the perfect e-bike for modern urban people.
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BlueYard Capital
VC Fund · Berlin, Berlin, Germany · 7 investments in Germany Internet startups, 14 in the past 12 months

BlueYard backs founders building the interconnected elements that can become the fabric of our future.

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Investment focus

  • Industry: Software, Cryptocurrency, Internet
  • Stage:Seed, Series A
  • Geography: United States, Germany, France

Investor stats

  • Total investments: 68
  • Round size: Seed $1.1M–$8.3M; Series A $9.5M–$42M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Chemify — The aim of Chemify is to digitize chemistry and produce solutions to run chemical code for drug discovery, chemical synthesis, and materials discovery.
  • Meatable — Meatable is a food production company that produces real and guilt-free meat. With one cell, they are revolutionizing the meat industry's impact on climate change and animal welfare. At the same time they increase food security, without compromising the culinary experience of eating tasty, real meat. They aim to satisfy the world'sappetite for meat without harming people, animals, and the planet.It was founded in 2018 and is headquartered in Delft, South Holland, The Netherlands.
  • Castelion — We are a modern defense production company building the next generation of military hypersonic, vehicle, and strike systems to deter future wars.
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Martin Sinner
Angel · Berlin, Berlin, Germany · 7 investments in Germany Internet startups

Martin Sinner is the COO at 360dialog.

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Investment focus

  • Industry: Software, Internet, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Germany, Spain, Sweden

Investor stats

  • Total investments: 20
  • Round size: Seed $750k–$1.7M; Pre-Seed $700k–$1.6M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Tyles — Build up more knowledge faster
  • Hero Software — Hero Software offers cloud software solutions.
  • persomatch GmbH — persomatch offers the first B2B AdTech SaaS solution for job advertising at the largest job marketplace Google via Google Ads, Google for Jobs and Google SEO
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Lakestar
VC Fund · Zürich, Zurich, Switzerland · 7 investments in Germany Internet startups, 10 in the past 12 months

Lakestar is a venture capital firm investing in technology companies led by exceptional entrepreneurs. Early investments included Skype, Spotify, Facebook, and Airbnb. Since raising the first fund in 2013, Lakestar manages an aggregated volume of over EUR 1bn across three early-stage funds, and more recently a growth fund. The company has expandedand broadened its portfolio and holds investments in the likes of Opendoor, Oscar, GetYourGuide, Glovo, Sender, Eigen, Five, Revolut, and Hometogo to name a few. Lakestar has a presence in Berlin, Zurich, and London.Lakestar helps companies to identify new markets and expand into them rapidly, with a focus on the US and Europe. The team advises and supports portfolio companies in business development, recruitment, technology, and marketing. The investments range from early-stage companies to those in their growth stage.

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Investment focus

  • Industry: Software, FinTech, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 149
  • Round size: Seed $2M–$10M; Series A $3.5M–$33M; Series B $16M–$91M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • CleanHub — Become plastic neutral with CleanHub and prevent ocean bound plastic before it can cause damage
  • Fuse Games — Based in Istanbul, Fuse Games’ vision is to build mobile games that are loved by wide and diverse player groups. Founded by a team that has strong gaming, growth and execution background, Fuse Games’ initial focus is on developing a MOBA game that includes strong meta elements and innovative ways to create a sense of ownership.
  • Neko Health — Neko Health is a Swedish health-tech business. Its ambition is to build a healthcare system that can help people stay healthy by focusing on prevention and early detection. Neko has created a new medical scanning technology concept that allows for comprehensive and non-invasive health data collection that is both convenient and economical for thegeneral people.
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Wellington Partners
VC Fund · Munich, Bayern, Germany · 7 investments in Germany Internet startups

Wellington Partners is a venture capital firm that invests in technology and life sciences companies, focusing on Digital Media, Software, Electronics & Photonics, Resource Efficiency, and Biotech/Life Sciences. It is committed to providing outstanding entrepreneurs with the necessary resources to fund their strategies. We typically leadfinancing rounds ranging from € 0.5 million to € 20 million. Depending on the maturity of the company, its own commitment can go as high as € 15 million.Wellington was established in 1998 and has offices in Munich, London, and Zurich.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Series A, Series B
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 172
  • Round size: Series A $3M–$28M; Series B $6.7M–$43M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Nosto — Use Powerful Personalization Made Easy on e-Commerce Platforms. Nosto generates a 10-30% Average Increase in Revenue.
  • Minervax — MinervaX is pursuing the development of a vaccine against Group B streptococcus (GBS) infections by utilizing a particular fusion protein : click to read more
  • Seamless Therapeutics — Seamless Therapeutics is changing the paradigm of gene editing through a pioneering approach to restore health in patients with severe conditions in a safe and precise manner. Seamless technology platform unlocks the reprogramming of recombinases, a highly versatile class of enzymes.
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Felix Jahn
Angel · Berlin, Berlin, Germany · 7 investments in Germany Internet startups, 6 in the past 12 months

Felix is an active entrepreneur and business angel. A WHU graduate, Felix was one of the first MDs of Rocket Internet, responsible for many of the initial companies incubated in 2007-2009. He went on to start Home24 in 2009 and run it as Co-CEO until 2014. In 2015 he started german hybrid real estate agent McMakler as founding investor and has beenrunning the company as executive Chairman and CEO since then. His current and past private business angel investments include Zalando, Auto1 Group, HomeToGo, among others.

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Investment focus

  • Industry: Software, Internet, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 29
  • Round size: Seed $1.8M–$5.4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • 42 Watt — 42 Watt is an energy conservation consultancy which strives to reduce costs, save energy and protect the climate.
  • Kursinsel — We empower children to discover their interests and pursue their passions from the comfort of their homes. Providing access to a large variety of interactive online courses from drawing, dancing, science to Minecraft and many more.
  • Getpaid — Payments infrastructure for B2B marketplaces, wholesalers and SaaS platforms. B2B checkout to process all B2B transactions online & offline | payout instantly | automate complex money flows, end-to-end reconciliation.
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Enjoyventure Management
VC Fund · Düsseldorf, Nordrhein-Westfalen, Germany · 7 investments in Germany Internet startups

The EnjoyVenture Management is a private equity company that focuses its investments on the seed and early-stage companies.

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Investment focus

  • Industry: Software, Information Technology, E-Commerce
  • Stage:Seed, Series A
  • Geography: Germany, Portugal, United States

Investor stats

  • Total investments: 43
  • Round size: Seed $1.1M–$2.1M; Series A $1.1M–$7.5M
  • Lead/follow: 51% lead, 49% follow

Portfolio highlights

  • coapp — coapp brings people and resources together under your brand and handles social and financial transactions between them. Easy!
  • MARCLEY — MARCLEY provides a system that enables multi-family building apartment owners to utilize solar energy on their roofs without any financial commitment or additional effort. The generated green power is sold at a cheaper cost than the local basic utility.
  • Careloop — Berlin-based HR-tech and EduTech startup with a focus on the German healthcare industry.
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Venture Stars
VC Fund · Munich, Bayern, Germany · 7 investments in Germany Internet startups

Venture Stars is a Munich based venture capital firm focused on early-stage investments in innovative, digital B2C and B2B business models.

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Investment focus

  • Industry: E-Commerce, Pet, Software
  • Stage:Seed, Series A
  • Geography: Germany

Investor stats

  • Total investments: 28
  • Round size: Seed $268k–$4.7M; Series A $5.4M–$8.6M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • biddz — Buy biddz from your favorite artists, support them and participate in your collective financial success!
  • Finoa — Finoa is the leading European crypto-asset management platform, empowering businesses and institutions to engage with crypto safely and intuitively.
  • Finanzguru — Finanzguru is an AI based financial assistant.
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Internet Investor funding in Germany at a glance

Stats across 708 deals from 908 investors.

908
investors
in Germany Internet startups
708
deals
in Germany Internet startups
$3.9M
median round
in Germany Internet startups
29%
lead investors
lead at least one round
32%
Seed
most common funding stage
70/30
VC / Angel
share of investor count

Access all 908 investors in Germany Internet startups.

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