List of >250 venture capital companies investing in Germany, Austria and Switzerland
Seed Investors - Early Stage Venture Capital - Venture Capital - Growth Financing - Early Stage VC Funds - Startup Investors
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- Material contractual components in an investment contract
- Seed financing, seed phase, venture capital, funding programmes
- Venture Capital in Germany, Austria, Switzerland
Current market development in the field of venture capital in Germany
In 2022, the venture capital financing volume in this country amounted to a sum of around 3.36 billion euros (source: de.statista.com). In Q4 2022, there was a renewed decline in investment activity in the German venture capital market, despite a solid year overall. A total of 196 deals with a volume of EUR 1.4 billion were concluded. The difficult market conditions had a particular impact on later financing rounds in the scale-up segment. Q4 2022 also saw a renewed decline in the importance of US investors. (Source: kfw.de)
The Investor Barometer, compiled by the promotional bank KfW and the industry association BVK, fell by 25.6 points to minus 42.9 points. The last time the mood of investors investing in young growth companies was worse was about 20 years ago - apart from the unprecedented slump in the first quarter of 2020 due to the Corona shock. (Source: handelsblatt.com)
Advantages of venture capital
One advantage of venture capital financing for a private equity investor is the opportunity to influence both operational and strategic decisions and to be actively involved in what happens. However, this active equity also carries a high risk, as the success of a business idea is uncertain shortly after its foundation. It is therefore advisable to discuss a possible exit scenario before investing.
Another financing option for start-up companies is participation through business angels. These wealthy individuals invest directly in start-ups and often bring industry knowledge and personal contacts with them. They act not only as financiers but also as mentors and can contribute to the company's success through management support and industry know-how. Business angel financing is often used in early-stage companies when the probability of success and the financing volume are too low for institutional investors. However, the business angel financing market is poorly organised, transparent and highly fragmented.
Phases of expansion Financing
Expansion financing refers to the provision of venture capital (VC) in the growth phase of a start-up. This phase follows the first-stage phase and can be divided into the second-stage phase and the third-stage phase.
The second-stage phase is about penetrating the market and expanding distribution channels. The need for VC decreases slightly compared to the first-stage phase, as the company can fall back on internal financing or loans due to increasing sales and reaching the break-even point.
In the third-stage phase, funds are needed to expand the production and distribution system and to launch the products on international markets. This phase often represents the conclusion of the investment, as the venture capitalist sells his shares in the company in order to realise his return. In some cases, however, equity capital is still provided to pre-finance an IPO.
Why venture capital?
The motives for the use of venture capital differ between providers and recipients of capital. Venture capital providers usually pursue three goals with their use of capital:
They can promote their own growth by selling products from their range to the venture capital taker, which the latter needs to produce its innovative goods. They can strengthen their own company by using the creativity of the founders and keeping up with technological developments. They have a return target and expect an appropriate return on their invested capital. At the end of the fund's term, the companies are professionally placed on the market by an M&A advisor.
List of over >250 venture capital companies investing in Germany, Austria, Switzerland: Seed investors, early-stage VC's and start-up investors/start-up venture capital companies (sorted alphabetically):
- 1750 Ventures VGH Versicherungen (https://www.1750.ventures/), Hannover (Insurtech)
- 3VC Partners GmbH (https://three.vc), Wien (Austria)
- 42 Cap (https://www.42cap.com/), München (Seed; B2B Software)
- 468 Capital (https://468cap.com), Berlin (Series A)
- 7 Founders AG (https://7founders.com/), Zug in Switzerland (Pre-Seed Investor, Seed, Series A)
- Accel Partners (www.accel.com), London (UK)
- Acton Capital Partners (https://www.actoncapital.com), Munich (Series A, Series B, Later Stage
- AENU Advisor GmbH (https://www.aenu.com), Berlin
- Albion (https://albion.vc/), London
- allygatr (https://www.allygatr.com), Berlin
- Alpha Future Fundes (https://alphafuturefunds.com/), Munich
- AM Ventures (https://amventures.com/), Starnberg
- Amino Capital (https://www.aminocapital.com), Palo Alto
- Ananda Imact Ventures (https://angelinvest.ventures/), Berlin (Pre-Seed, Seed)
- another.vc (https://www.another.vc), Muehlheim-Ruhr (Seed)
- Apeiron Investment Group (https://apeiron-investments.com/), Malta
- Apex Ventures (www.apex.ventures), Wien (Deep Tech)
- Apollo Ventures Holding GmbH (https://www.apollo.vc), Hamburg (Healthcare Software)
- ARMILAR Venture Partners (https://www.armilar.com/), Lissabon (Portugal)
- Ascension Ventures (https://ascensionventures.org/), London (UK), Early Stage Investor
- Atlantic Labs (https://atlanticlabs.de/), Berlin
- Atlantis Ventures (https://www.atlantis-ventures), Munich
- Avala Capital (https://avalacapital.com), Berlin
- aws Gründerfonds (https://www.gruenderfonds.at), Wien (Austria)
- Axel Springer Venture GmbH (https://www.axelspringer.com/de/axel-springer-digital-ventures), Berlin
- Balderton Capital (https://www.balderton.com), London (UK)
- Ballpark Ventures (https://www.ballparkventures.com), (UK)
- BambooVentures (https://www.bambooventures.net), Munich
- Bayern Kapital GmbH (https://bayernkapital.de), Landshut
- BayWa Venture (https://venture.baywa.com), Munich
- be exponential GmbH (https://www.be-exponential.com), Leipzig
- Berlin Ventures (https://www.berlinventures.com), Berlin
- Bertelsmann Digital Media Investments (https://bdmifund.com/), Guetersloh
- Bessemer Venture Partners (https://www.bvp.com), London, Israel and several locations in the USA
- Betaworks (https://www.betaworks.com), New York (USA)
- Bitkraft Ventures (www.bitkraft.vc), Berlin (E-Sports und Digital Entertainment)
- BitStone Capital Management GmbH (https://www.bitstone.capital), Cologne(PropTech)
- Blackfin Capital Partners (https://www.blackfin.com), Paris, Brussels, Frankfurt/Main
- Blockwall Capital (https://www.blockwall.vc), Frankfurt/Main
- BLS Venture Capital (https://www.bls-venture.de), Berlin
- BlueYard (https://www.blueyard.com/), Berlin
- Blumberg Capital (https://blumbergcapital.com), San Francisco (USA)
- BMW i Ventures, Inc. (https://www.bmwiventures.com), Mountain View, San Francisco, Munich
- Boehringer Ingelheim Venture Fund (https://www.boehringer-ingelheim-venture.com), Ingelheim (Science)
- BonVenture Management GmbH (https://bonventure.de), Munich
- Boost VC (https://www.boost.vc), San Mateo (USA)
- Born2Grow (https://d11z.com/), Heilbronn (Seed)
- Börse Stuttgart Digital Ventures (https://www.bsdigital.com/de/), Stuttgart
- BrainsToVentures AG (https://www.b2venture.vc), St. Gallen (Schweiz)/ Munich
- Brighteye Advisors London Limited (https://www.brighteyevc.com), London (UK)
- Brose Ventures (https://www.brose.com), Coburg
- building10 Servicegesellschaft mbH (https://b10.vc), Berlin
- Cadence Growth Capital (https://www.cadencegrowthcapital.com), Frankfurt/Main (Later Stage Growth)
- Capnamic Ventures Management GmbH (https://capnamic.com), Cologne
- Cavalry Ventures (https://cavalry.vc/), Berlin
- Check24 Ventures (https://www.check24.de/), Munich
- Cherry Ventures (https://cherry.vc), Berlin
- Climentum Capital (https://www.climentum.com), Kopenhagen, Berlin, Stockholm
- Coatue Management, L.L.C (https://www.coatue.com), New York, San Francisco, London, Shanghai, Hong Kong
- CologneInvest (https://cologne-invest.com), Cologne
- CommerzVentures (https://commerzventures.com), Frankfurt/Main
- Committed Capital (https://committedcapital.nl/en/), Amsterdam (Netherlands)
- Connect Ventures (https://www.connectventures.co), Munich, Berlin, uvm.
- Continental Venture Capital Unit (https://www.co-pace.com), Hannover
- Coparion (https://www.coparion.vc), Köln und Berlin (Technology Sectors)
- Creandum Ventures (https://creandum.com/), Berlin
- Crossventures (https://www.crossventures.de), Cologne
- Cusp Capital Partners (https://www.cuspcapital.com), Essen
- Deutsche Invest Technology is now Capmont Technology (https://www.cmont.vc/), Munich
- DiamondStream Partners (https://diamondstream.com), Seattle (USA)
- Dieter von Holtzbrink Ventures (https://dvhventures.de/, Cologne
- Digital Currency Group (https://dcg.co), New York (USA, Crypto)
- Digital Health Ventures (https://dhventures.de), Berlin (Digital Health)
- DN Capital (https://www.dncapital.com), London (UK)
- Dr. Engelhardt, Kaupp, Kiefer Beteiligungsberatung GmbH (https://www.ekkco.de/), Stuttgart
- DTCP Digital Transformation Capital Partners GmbH (https://www.dtcp.capital), Hamburg
- Earlybird Venture Capital (https://earlybird.com), Munich
- eCapital (https://ecapital.vc), Muenster
- Elevat3 Capital Ltd (https://www.elevat3.vc), Malta
- Encomenda Smart Capital (https://encomenda.com/), Barcelona (Spanien)
- Endeit Capital (https://endeit.com), Amsterdam, Hamburg
- Entrée Capital (https://entreecap.com/), London
- EQT Ventures (https://eqtventures.com), Munich
- EquityPitcher AG (https://equitypitcher.com), Zurich (Switzerland)
- Evonik Venture Capital GmbH (https://venturing.evonik.com/en), Hanau
- Exor Ventures (https://www.exor.com), Amsterdam (Netherlands)
- Extorel GmbH (https://www.extorel.de), Munich
- Fintech Collective (https://fintech.io), New York (USA)
- Firestartr (https://www.firestartr.co), Chelmsfor (UK)
- First Innovation Invest (https://www.first-innovation-invest.de), Offenburg
- First Round Capital (https://firstround.com), San Francisco (USA)
- Floor13 GmbH (https://www.floor13.de), Utting am Ammersee
- Fly Ventures (https://fly.vc/), Berlin
- Forward Partners (https://www.forwardpartners.com/), London (UK)
- Found Fair Ventures GmbH (https://foundfair.de), Berlin
- Freigeist Capital (https://freigeist.com), Bonn
- Freiraum Ventures – SCE Projects GmbH (https://www.freiraum.vc), Munich
- Futury Venture (www.futuryvc.de), Frankfurt/Main (Early Stage, B2B, B2C
- G Squared (https://gsquared.com), USA, Zurich, Mexiko
- Gamma Capital Partners (https://www.gamma-capital.com), Vienna (Austria)
- Global Founders Capital (https://www.globalfounderscapital.com), Berlin
- Grazia Equity (https://www.grazia.com/de/), Stuttgart
- Green Generation Fund (https://greengenerationfund.com/), Berlin
- Hambro Perks (https://www.hambroperks.com), Guernsey, London, Abu Dhabi
- Hannover Digital Investments GmbH (https://www.hannover-digital-invest.com), Hannover
- Headline (https://headline.com), San Francisco, Berlin
- Henkel dx Ventures (https://www.henkel-tech.ventures), Duesseldorf
- Hevella Beteiligungen GmbH (https://www.hevella-capital.com), Hamburg
- HighTech Gründerfonds (https://www.htgf.de/de/), Bonn
- Hinge Capital (https://hingecapital.com), San Diego
- HOWZAT Partners (https://www.howzatpartners.com/), Luxembourg
- Hoxton Ventures (https://hoxtonventures.com/), London
- IBB Beteiligungsgesellschaft (https://www.ibbventures.de/de), Berlin
- Impact Partners (https://de.impact-partners.com/), Paris
- Initial Capital (https://www.initialcapital.com), London (UK)
- Insight Partners (https://www.insightpartners.com), New York
- Invisible Hand Ventures (www.i-hand.de), Berlin
- IRIS Capital (https://www.iris.vc), Paris, Berlin
- ISAI (https://www.isai.vc), Paris
- Isartal Ventures (https://www.isartal-ventures.de), Munich
- iVentureCapital GmbH (https://www.iventuregroup.com/de/), Hamburg
- J.C.M.B. Beteiligungs GmbH (https://www.jcmb.de), Hamburg
- JamJar Investments (https://www.jamjarinvestments.com), London (Consumer Tech)
- Join Capital (https://www.join.capital), Berlin (Deep Tech)
- K5 ADVISORS GmbH & Co. KG (https://www.k5.ag), Munich
- Kerala Ventures (https://www.kerala.vc), Paris (Frankreich)
- Kernel Capital (https://www.kernel-capital.com/), Dublin (Irland)
- Kiko Ventures (https://kiko.vc), London (UK)
- Kima Ventures (https://www.kimaventures.com)
- LBBW Venture Capital Ventures (https://www.lbbwvc.de/), Stuttgart
- Left Lane Capital (https://www.leftlane.com/), New York
- Lifeline Ventures (https://www.lifelineventures.com), Helsinki
- London Venture Partners (https://londonvp.com/), London (UK)
- Lunar Ventures – Berlin Innovation Ventures GmbH (https://www.lunar.vc), Berlin
- Mangrove Capital Partners (https://www.mangrove.vc), Luxembourg (Luxembourg)
- Media Ventures (https://mediaventures.de/index.php/startseite.html), Cologne
- MGO Digital Ventures (https://www.mgo-ventures.de), Bamberg
- Monkfish Equity (http://www.monkfish-equity.com), Schmallenberg
- MS & AD Ventures (https://msad.vc), Palo Alto (USA)
- MSM Global Investments LLP (“Mouro Capital”) (https://www.mourocapital.com), (Series A, Series B, Fintech)
- Munich Venture Partners (https://munichvp.com), Munich
- Mutschler Ventures AG (https://www.mutschler-ventures.com), Baar (Switzerland)
- Muzungu GmbH (https://muzungu-capital.com), München
- Nauta Capital (https://www.nautacapital.com/), London
- NEA Ventures (https://www.nea.com), Menlo Park (USA)
- neosfer GmbH – Teil der Commerzbank Gruppe (https://neosfer.de), Frankfurt/Main
- Newion Partners B.V. (https://newion.com/), Amsterdam
- Northstar Ventures (https://northstarventures.co.uk/), Newcastle upon Tyne (UK)
- Northzone (https://northzone.com), London, Stockholm, New York
- OTB Ventures (https://otb.vc), Amsterdam
- Outward VC (https://outwardvc.com/) – Fintech only -, London (UK)
- Partech Ventures (https://partechpartners.com), Paris (Frankreich)
- Passion Capital (https://passioncapital.com), London (UK)
- PDV Inter-Media Venture GmbH (http://www.pddigital.de/pd-ventures/), Augsburg
- Peak Capital (https://peak.capital), Amsterdam (Netherlands)
- Phoenix Contact Innovation Ventures GmbH (https://www.phoenixcontact-innovationventures.com), Blomberg
- Planet A GmbH (https://planet-a.com), Hamburg
- PluMedia (www.plumedia.de), Nuernberg
- PMV Venture Capital (https://www.pmv.eu/en/), Brussels (Belgium)
- Point Nine Capital (https://www.pointnine.com), Berlin
- Prime Technology Ventures (https://www.primeventures.com), Amstelveen (Netherlands)
- ProFounders Capital (https://www.profounderscapital.com), London
- Project A (https://www.project-a.com), Berlin
- Promus Ventures (https://promusventures.com), Chicago, San Francisco, Luxembourg
- PropTech1 Ventures – ERIC Fund Management GmbH (https://pt1.vc), Berlin
- Quadia Ventures (https://quadia.ch), Genf (Switzerland)
- Quadrille Capital (https://www.quadrillecapital.com), Paris (France)
- RAG Stiftung (https://www.rag-stiftung.de/kapitalanlagen/), Essen
- Red River West (https://www.redriverwest.com), Paris (Frankreich)
- Redalpine Venture Partners (https://www.redalpine.com/), Zurich (Switzerland)
- Redstone Digital GmbH (https://www.redstone.vc/), Berlin
- rethink ventures (https://rethinkventures.com), Munich
- Revent (https://www.revent.vc), Berlin
- Rheingau Founders GmbH (https://rheingau-founders.com), Berlin
- Richmond View Ventures (https://rvv.tv), Berlin
- Ringier Digital Ventures (https://www.ringier.com), Zurich (Switzerland)
- RIVUS Capital (https://www.rivuscapital.com/), München, Berlin, London
- Robert Bosch Venture Capital (https://bosch.ventures/), Gerlingen-Schillerhoehe (near Stuttgart)
- Rockaway Blockchain (https://rockawayx.com), Prag (Czech Republic)
- Round 2 Capital Partners (https://round2cap.com), Vienna (Austria)
- Saarländische Wagnisfinanzierungsgesellschaft mbH (https://swgmbh.de), Saarbruecken
- Salvia GmbH (https://salvia.de), Holzkirchen
- Salzwerke Beteiligungen (https://www.salzwerke.de), Heilbronn
- Samos Venture Capital (https://samos.vc/), London (UK)
- Sands Capital (https://www.sandscapital.com), Arlington (USA)
- seed + speed GmbH (https://www.seedandspeed.com), Berlin
- Seedcamp (https://seedcamp.com), London
- Senovo Capital Management GmbH (https://senovo.vc/), Munich, Berlin
- Seventure Partners (https://www.seventure.fr), Paris (France)/ Munich
- SGH Capital (https://www.sghcapital.com), Luxembourg
- signals Venture Capital Management GmbH (https://signals.vc), Berlin
- Simon Capital (ex Bitburger Ventures) (https://www.simoncapital.com/), Duesseldorf (Seed, Series A, Series B)
- Smart Infrastructure Ventures GmbH (https://smartinfrastructure.ventures), Leipzig
- Sofinnova Partners (https://sofinnovapartners.com), Paris; Mailand, London, Munich
- Sound Ventures (https://www.soundventures.com/), von Ashton Kutcher and Guy Oseary
- SpeedInvest (https://www.speedinvest.com), Vienna(Austria)
- Spotlight Ventures (https://www.spotlightventures.de), Bonn
- Square One – Paua Ventures Management GmbH (https://squareone.vc), Berlin
- STARTHUB Ventures (https://www.starthub-ventures.com), Hamburg
- Stride.VC (https://stride.vc), London
- Structure Capital (https://structure.vc), San Francisco (USA)
- Summiteer GmbH (https://www.summiteer.com), Ravensburg-Erlen
- SURPLUS Equity Partners (https://www.alpx-group.com/), Munich
- Swisscom Ventures (https://ventures.swisscom.com), Zurich, Bern, Palo Alto, Lausanne
- TAKKT Beteiligungen (https://www.takkt.de), Stuttgart
- Talis Capital (www.taliscapital.com), London (UK)
- Tane Fund GmbH (https://www.redstone.vc/), Berlin
- Target Global (https://www.targetglobal.vc), Berlin
- Target Partners (https://www.targetpartners.de), Munich
- Team Global Management GmbH (https://teamglobal.net), Berlin
- TEAM Global Managemnt GmbH (https://teamglobal.net), Berlin
- Technologiegründerfonds Sachsen (https://www.cfh.de/tgfs-start/)
- TECHVISONS FONDS – FM Verwaltung GmbH (https://tvf.vc, Aachen
- Tengelmann Ventures (https://tengelmann-ventures.com/), Munich
- The Family Venture Capital (https://www.thefamily.co), Berlin, London
- TMT Investments (https://tmtinvestments.com/), Jersey
- tokentus investment AG (https://tokentus.com), Frankfurt/Main
- Trill Impact (https://www.trillimpact.com), Stockholm, Munich, Kopenhagen
- Triple Point Capital (https://www.triplepointcapital.com), Menlo Park (USA)
- TRUMPF Venture (https://www.trumpf.com), Ditzingen
- TS Ventures (https://www.tsventures.io), Bergisch Gladbach
- TVM Capital GmbH (https://tvm-capital.com/), Munich
- TX Ventures (https://www.tx.ventures/), Zurich (Switzerland)
- Unternehmertum Venture Capital (www.unternehmertum.de), Garching near Munich
- VAERING (https://www.vaering.de), Hamburg
- Valar Ventures (Peter Thiel) (https://www.valar.com), New York
- Vality Ventures GmbH (https://vality-ventures.de), Taunusstein
- Velvet Ventures (https://velvetventures.de), Hamburg
- Venture Stars GmbH (https://www.venture-stars.com), Munich
- Verve Capital Partners AG (https://www.verve.vc), Zurich, Berlin, etc.
- Village Global (https://www.villageglobal.vc), San Francisco (USA)
- Vireo Ventures (https://www.vireo.vc), Berlin
- VISIONARIS Club (https://visionaries.vc), Berlin
- Vorsprung Partners (https://www.vorsprungpartners.com/), Hamburg
- Vorwerk Ventures (https://vorwerkventures.com), Wuppertal
- Vsquared Ventures Management GmbH (https://vsquared.vc), Munich
- Wayra Deutschland (Telefonica) (www.wayra.de), Munich
- Wellington Partners (https://wellington-partners.com), Munich
- WENWEST CAPITAL (https://www.wenvest.capital), Munich
- YZR Capital GmbH (https://yzr-capital.com), Munich
KP Tech Corporate Finance: Benefit from more than 20 years of experience in the field of early stage and late stage venture capital (e.g. preparation of company valuations for early stage (not seed stage) and late stage start-ups, negotiation of term sheets and participation agreements (no legal advice) for start-ups from Germany, Austria and Switzerland.