Munich VCs 🇩🇪

THE GUIDE to the Munich Venture Capital Scene. Driven by a strong tech ecosystem, world-class universities like TUM and LMU, and a concentration of innovative startups in sectors such as deep tech, mobility, fintech, and health. Did I miss Anyone? Reach out here

VC´s in Munich 🇩🇪

Early to Late stage VCs

Earlybird Venture Capital

Intro: Pan-European full-stack tech VC in Munich. Sectors: Fintech, enterprise SaaS, deep tech, AI. Notable Investment: N26, Isar Aerospace, Aleph Alpha, UiPath.

HV Capital

Intro: Germany’s largest multi-stage VC (~€1.7 B AUM). Sectors: E‑commerce, delivery, SaaS, space-tech. Notable Investment: Zalando, Delivery Hero, HelloFresh, Isar Aerospace.

b2venture

Intro: Pan-European seed investor with office in Munich and Berlin. Sectors: AI, fintech, logistics, climate tech. Notable Investment: SumUp, DeepL, Quanta, 1Komma5°.

Plug and Play

Intro: A global innovation platform and VC with a strong Munich presence. Sectors: Broad — fintech, insurtech, mobility, health, supply chain, sustainability, enterprise tech. Notable investments: N26, PayPal, Dropbox, Presize, Cliniserve, IDnow, Zelros, Celus, Wellabe, Buzzlab, Virtonomy.

High‑Tech Gründerfonds (HTGF)

Intro: Germany’s leading seed fund & follow-on investor. Sectors: Deep tech, industrial tech, life sciences. Notable Investment: Proxima Fusion, Ineratec, Mister Spex.

Freiraum Ventures

Intro: Munich-based early-stage VC. Sectors: Proptech, mobility, digital infrastructure. Notable Investment: Promotes urban tech founders and local impact.

UVC Partners

Intro: TUM-linked VC focused on deep tech. Sectors: B2B enterprise, mobility, robotics, energy, AI. Notable Investment: Flixbus, Aleph Alpha, TWAICE, Isar Aerospace, Proxima Fusion.

10x Founders

Intro: Entrepreneur-led, fast-decision VC. Sectors: Broad early-stage tech (FinTech, AI, Cybersecurity, B2B SaaS, Robotics, Deep Tech) Notable Investment: Hive, Nelly, Enpal, Simpleclub, Ivy, Fernride, Zowie, Cylib, FinTube, Cliniserve, Presize, WorkerHero, Filics.

Picus Capital

Intro: Munich-based early-stage VC with global reach. Sectors: Fintech, proptech, logistics, healthcare, climate tech. Notable Investment: Alma, FINN, Avi Medical, Razor Group.

Antler

Intro:Global early-stage VC & startup builder Sectors: Tech across healthtech, proptech, fintech, deep tech, supply chain, sustainability, enterprise tech. Notable Investment: Airalo, Clout Kitchen, Homebase, MyRobin

Ananda Impact Ventures

Intro: Munich-founded impact VC (est. 2010), with offices in Munich and London. Sectors: Digital health, education, ageing, future of work, sustainable consumption—primarily B2B. Notable investments: Auticon, Company Bike Solutions, VerbaVoice, Careship, HomeTouch, Talea, OroraTech, NatureMetrics, IESO Digital Health, Klim.

Capnamic

Intro: German-speaking founders, pan‑European reach. Sectors: Enterprise, SaaS, robotics, proptech, fintech. Notable Investment: Static, Lana, Travador.

Alstin Capital

Intro: Munich growth investor in software platforms. Sectors: B2B SaaS, reg-tech. Notable Investment: FINLEX, IDnow, Usercentrics.

Possible Ventures

Intro: Munich global early-stage impact VC. Sectors: Frontier tech with social/environmental impact. Notable Investments: The Exploration Company, Marvel Fusion, Cosmic Aerospace

Iris Capital

Intro: Franco‑German VC with Munich presence. Sectors: Digital economy, telecom, AI. Notable Investments: Adjust, Getsafe, ReBuy.

42CAP

Intro: Seed-stage micro-VC founded by operators. Sectors: B2B/data-heavy SaaS. Notable Investment: eCircle (exit), commercetools, ParityQC.

10x Group

Intro: Munich-based VC founded in 2006 by serial entrepreneurs Andreas Etten, Felix Haas, Jan Becker, and Robert Wuttke. Sectors: Healthcare, B2B tech, energy, AI, data, robotics, and mobility. Notable investments: Quantum Systems, Wandelbots, Isar Aerospace, Lhoopa, GetYourGuide, Gecko

Bayern Capital

Intro: Subsidiary of LfA Förderbank Bayern, based near Munich. Sectors: Tech across software, life sciences, deep tech, med-tech. Notable investments: Simplesurance, Urban Sports Club, OptioPay, Realxdata, Jutro Medical, Humanoo, Saljol, Lindera, N26, Just Eat Takeaway

BayBG Venture Capital

Intro: Investment arm of Bavaria’s development bank. Sectors: Industrial tech, manufacturing, health tech, digital tech. Notable: 4.Screen, AlfaDocs GmbH, AMW GmbH, Building Radar GmbH

WENVEST Capital

Intro: WENVEST Capital is a Munich-based hands on entrepreneurial investor. Stage: Early Sectors: B2S SaaS Ticket size: 250K - 1M EUR Notable investments: anybill, Casavi, Circula, Colorifix, Dracoon, eyva, Penzilla, LawX, Teylor, Temedica

Acton Capital

Intro: Growth-stage VC with $215 M fund. Sectors: SaaS, digital marketplaces, fintech, mobility. Notable Investment: Etsy, Mambu, iwoca, Zenjob, Cluno, Cazoo.

Munich Venture Partners

Intro: Cleantech and industrial deep-tech VC. Sectors: Cleantech, industrial innovation. Notable Investment: Electrochaea, relayr, sonnen, GreenCom.

Vsquared Ventures

Intro: Specialist deep‑tech investor. Sectors: Quantum, robotics, space, biotech, climate tech. Notable Investment: Isar Aerospace, IQM, CustomCells.

Yabeo

Intro: Independent Munich VC. Sectors: Fintech, SaaS, digital marketplace. Notable investments: Solarisbank, Clark, Cera Care, Libify, ProSenio-24

Tiburon capital

Intro: German-American seed VC headquartered in Munich. Sectors: Tech-agnostic early stage. Notable investments: Trivago, Xing, Invoco, Lokalisten, Cadooz

Allianz X

Intro: Corporate VC arm of Allianz. Sectors: Fintech, insurtech, healthcare, proptech, SaaS. Notable Investment: N26, Lemonade, Stripe.

Redstone VC

Intro: Swiss-German VC active in Munich. Sectors: B2B SaaS, AI, digital marketplaces. Notable investments: UpHill, Multiverse Computing, Kertos, Wave Photonics, Crafthunt, Kvantify, Nuwo, Careloop, Finanzguru

Rethink Ventures

Intro: Munich-based specialist VC founded in 2022. Sectors: Mobility, automotive, logistics, EV charging, clean energy. Notable investments: Deftpower (EV charging), Shipzero (freight CO₂ tracking), Rydes (mobility SaaS), eMabler, driveblocks.

415 Capital Management GmbH

Intro: 415 Capital is a specialist venture capital firm dedicated to investing in breakthrough and life-saving medical innovation. For over 25 years, our team has been providing exceptional entrepreneurs with capital, expertise, and market access. Sectors: Med-Tech Notable Investment: Supira Medical, R3 Vascular, CorFlow, Distalmotion, TRiCares.

better ventures

Intro: Munich-based impact-focused angel group and VC founded in 2018. Sectors: Climate tech, circularity, energy, proptech, health, food, mobility, education. Ticket size: Typically €100K–500K per round Notable investments: everdrop, GCT, trait

caesar.

Intro: Munich-based VC founded in 2023 by Carolin Gabor, Gregor Unger, Sebastian Büchte in 2023 with second office in Berlin, focusing on sustainable tech and purpose-driven entrepreneurship. Sectors: Deep tech, greentech, digital health, fintech. Stage: Pre-Seed und Seed. Notable investments: Lucid Genomics, Venmate, VITAS, FireDome, Vamo und Freshflow

BONVENTURE

Intro: Munich-based impact VC pioneer since 2003, focused on social and ecological solutions. Sectors: Digital health, sustainable consumption, climate tech, education, inclusion. Notable investments: Fenecon, Sira (childcare), emmy (e-scooter sharing), resourcify, ChargeX, Comgy, Vivira.

VC´s in Munich 🇩🇪

Fortino capital

Intro: Munich office of a leading Benelux & German B2B SaaS investor established in 2013. Sectors: B2B SaaS and software platforms. Notable investments: Kaizo, Salonkee, Peers, TechWolf, SpeakUp, Addactis, Symbio.

VNT Management

Intro: Finland-headquartered VC specializing in clean mobility and circular economy technologies. Sectors: Zero-emission transport, sustainable materials, industrial decarbonization. Ticket size: provide initial funding (€0.5M-€5M) Notable investments: The Switch, dilitronics, fixteri

Matterwave Ventures

Intro: Munich-based venture capital firm investing across Europe into industrial tech. Sectors: Industrial deep tech, hardware and software across manufacturing, frontier tech, climate tech, supply chain, resource efficiency. Notable investments: Akhetonics (all-optical processor), Ventory, Innatera, LiveEO, ZeroPoint Tech.

DeepTech & Climate Fonds

Intro: Backing the next generation of technology champions in Germany and Europe with a €1B+ publicly funded Munich-based venture and growth equity fund. Co-invests with corporates, sovereigns, and VCs. Sectors: Deep tech across quantum computing, robotics, Industry 4.0, smart energy, digital health, ag-tech, space-tech, climate-tech. Notable investments: LiveEO, Planqc, Cylib, Proxima Fusion, The Exploration Company (Series B €150M), eze.network.