# Top 50 Medical Device Startup Investors in Germany in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| High-Tech Grunderfonds | 16 | Germany, Switzerland, United States | Seed, Series A | Software, Information Technology, Biotechnology |
| Bayern Kapital | 7 | Germany, United States, Finland | Seed, Series A | Software, Information Technology, Health Care |
| KfW | 7 | Germany, India, Kenya | Series A, Series B | Biotechnology, Software, Health Care |
| MIG Capital | 5 | Germany, Austria, Canada | Series A, Series B | Biotechnology, Health Care, Pharmaceutical |
| TGFS - Technologiegründerfonds Sachsen | 5 | Germany, United States | Seed, Series A | Software, Information Technology, Manufacturing |
| NRW.BANK | 5 | Germany, United States | Seed, Series A, Series B | Biotechnology, Software, Health Care |
| Brandenburg Kapital | 4 | Germany, United Kingdom | Seed, Series A | Software, Information Technology, Health Care |
| bm-t beteiligungsmanagement thuringen | 4 | Germany, United States | Seed, Series A | Software, Information Technology, Health Care |
| Think.Health | 3 | Germany, United States, Switzerland | Seed, Series A, Series B | Health Care, Biotechnology, Medical Device |
| 11k Ventures | 3 | Germany | Seed, Convertible Note | Medical Device, Sensor, Medical |
| Expon Capital | 3 | Luxembourg, France, United States | Series A, Seed, Series B | Software, E-Commerce, Information Technology |
| IFB Innovationsstarter | 3 | Germany, United States | Seed, Grant | Software, SaaS, Artificial Intelligence |
| S-Venture Capital Dortmund | 3 | Germany | Series B, Series A | Biotechnology, Guides, Genetics |
| Heal Capital | 3 | Germany, Canada, Poland | Seed, Series A, Series B | Health Care, Artificial Intelligence, Machine Learning |
| Born2Grow | 3 | Germany, United States | Seed, Series A, Series B | Software, Health Care, Medical Device |
| Sparrow Ventures | 3 | Switzerland, Finland, Germany | Series A, Seed | Health Care, Medical Device, Real Estate |
| Playground Global | 3 | United States, Canada, France | Series A, Seed, Series B | Software, Robotics, Artificial Intelligence |
| Sofinnova Partners | 2 | France, United States, United Kingdom | Series A, Series B, Series C | Biotechnology, Health Care, Medical |
| Lauder Partners | 2 | United States, United Kingdom, China | Series B, Seed | Software, Internet, Health Care |
| bmp Ventures | 2 | Germany, United States, Austria | Seed, Series A | Information Technology, Software, Manufacturing |
| American RENOLIT Corporation | 2 | Germany | Series A | 3D Printing, Health Care, 3D Technology |
| BayBG Venture Capital | 2 | Germany, Italy, United States | Series A, Series B | Software, Information Technology, Health Care |
| ES KAPITAL | 2 | Germany | Seed, Pre-Seed, Series A | Software, EdTech, Medical |
| TechVision Fund | 2 | Germany, Spain | Seed, Pre-Seed, Series A | Software, Health Care, Artificial Intelligence |
| Entrée Capital | 2 | United States, Israel, United Kingdom | Seed, Series A, Series B | Software, Financial Services, FinTech |
| Asabys Partners | 2 | Spain, Belgium, Germany | Series A, Seed, Series B | Biotechnology, Health Care, Medical Device |
| Seed Fonds Aachen | 2 | Germany | Seed, Series A | Biotechnology, Medical, Health Care |
| MassMutual Ventures | 2 | United States, India, Singapore | Series A, Series B, Seed | Software, Financial Services, Information Technology |
| Green Park & Golf Ventures | 2 | United States, Israel, Sweden | Series A, Seed, Series B | Health Care, Medical, Biotechnology |
| M-Invest | 2 | Germany | Series A | Medical Device, Medical, Software |
| HealthCap | 2 | United States, Sweden, France | Series B, Series A | Biotechnology, Health Care, Medical |
| Wellington Partners | 2 | Germany, United States, United Kingdom | Series A, Series B | Health Care, Biotechnology, Medical |
| Atlantic Labs | 2 | Germany, Switzerland, United States | Seed, Series A, Pre-Seed | Health Care, Software, Information Technology |
| Boehringer Ingelheim Venture Fund | 2 | United States, Germany, Belgium | Series A, Series B, Seed | Biotechnology, Health Care, Therapeutics |
| b2venture (formerly btov Partners) | 2 | Germany, Switzerland, United Kingdom | Series A, Seed, Series B | Software, Health Care, Information Technology |
| DocCheck Guano AG | 2 | Germany, Spain, The Netherlands | Seed, Pre-Seed | Health Care, Medical Device, Mobile Apps |
| AQAL Integral Investing | 2 | Germany, United States | Seed, Pre-Seed | Health Care, Medical Device, Medical |
| APEX Ventures | 2 | Germany, Austria, United Kingdom | Seed, Series A, Pre-Seed | Software, Artificial Intelligence, Information Technology |
| Pathena | 1 | Portugal | Seed, Series A, Series C | B2B, Marketing, Advertising |
| Roca X | 1 | Romania, Italy, Israel | Seed, Pre-Seed, Convertible Note | Software, Information Technology, Health Care |
| Sparkasse Ulm | 1 | Germany | Series A | Medical, Health Care, Medical Device |
| Carsten Maschmeyer | 1 | Germany, Austria, Sweden | Seed, Angel, Series A | Software, Health Care, Artificial Intelligence |
| Companisto | 1 | Germany, Switzerland | Seed, Equity Crowdfunding, Pre-Seed | SaaS, Information Technology, Health Care |
| Ina Schlie | 1 | Germany | Seed, Pre-Seed | E-Learning, Training, Biotechnology |
| Enjoyventure Management | 1 | Germany, Portugal, United States | Seed, Series A | Software, Information Technology, E-Commerce |
| Medice Arzneimittel | 1 | Germany | Series A | Veterinary, Life Science, Biotechnology |
| Winning Mindset Ventures | 1 | Germany | Series A | Medical, Software, Consulting |
| Abiomed | 1 | United States, Germany, Israel | Series B, Series D | Medical Device, Health Care, Medical |
| SeedCapital Dortmund | 1 | Germany, United States | Seed, Series A | Information Technology, Enterprise Software, Software |
| Ventegis Capital | 1 | Germany | Series A, Series B | Manufacturing, Audio, Test and Measurement |

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