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Top 50 Enterprise Software Startup Investors in Germany (October 2026)

The most active venture capital funds and angel investors investing in Germany Enterprise Software startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Germany Enterprise Software startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
HTGF (High-Tech Gruenderfonds)
VC Fund
22 Germany, Switzerland, United States Seed, Series A, Pre-Seed Software, Biotechnology, Information Technology $790k–$31M
UVC Partners
VC Fund
12 Germany, Switzerland, Denmark Series A, Seed, Series B Software, Information Technology, Artificial Intelligence $2.2M–$175M
HV Capital
VC Fund
11 Germany, United States, United Kingdom Series A, Seed, Series B E-Commerce, Software, Internet $1.5M–$80M
Bayern Kapital
VC Fund
9 Germany, United States, United Kingdom Seed, Series A, Series B Software, Health Care, Manufacturing $1.7M–$132M
Cherry Ventures
VC Fund
9 Germany, United Kingdom, United States Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $1.1M–$44M
Speedinvest
VC Fund
9 United Kingdom, Germany, Austria Seed, Series A, Pre-Seed Software, FinTech, Artificial Intelligence $411k–$33M
Earlybird Venture Capital
VC Fund
9 Germany, United States, United Kingdom Series A, Seed, Series B Software, Information Technology, Artificial Intelligence $1.5M–$75M
Point Nine
VC Fund
8 Germany, United States, France Seed, Series A, Series B Software, SaaS, Artificial Intelligence $900k–$62M
468 Capital
VC Fund
8 United States, Germany, Singapore Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $500k–$42M
Crane Venture Partners
VC Fund
7 United Kingdom, United States, Germany Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $2.2M–$37M
Visionaries Club
VC Fund
7 Germany, United Kingdom, United States Seed, Series A, Series B Software, Artificial Intelligence, SaaS $2.7M–$111M
General Catalyst
VC Fund
7 United States, India, United Kingdom Seed, Series A, Series B Software, Artificial Intelligence, Health Care $1.6M–$123M
Picus Capital
VC Fund
7 United States, Germany, United Kingdom Seed, Series A, Pre-Seed Software, Financial Services, FinTech $563k–$34M
IBB Ventures
VC Fund
6 Germany, United States, United Kingdom Seed, Series A, Venture - Series Unknown Software, Health Care, SaaS $1M–$11M
Capnamic
VC Fund
6 Germany, United States, Switzerland Seed, Series A, Series B Software, SaaS, Information Technology $1.8M–$30M
NAP
VC Fund
6 Germany, United Kingdom, Ireland Seed, Series A, Pre-Seed Software, Information Technology, SaaS $1M–$30M
Project A Ventures
VC Fund
5 Germany, United Kingdom, United States Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $1.4M–$75M
Wayra
VC Fund
5 Spain, United Kingdom, Brazil Seed, Venture - Series Unknown, Grant Software, Information Technology, Artificial Intelligence $40k–$5.8M
Hanno Renner
Angel
5 Germany, Sweden, United Kingdom Seed, Series A, Pre-Seed Software, SaaS, Artificial Intelligence $1.2M–$32M
eCAPITAL ENTREPRENEURIAL PARTNERS
VC Fund
5 Germany, Italy, Spain Series A, Series B, Seed Information Technology, Software, Manufacturing $1.1M–$27M
coparion
VC Fund
5 Germany, Switzerland, United States Series A, Seed, Series B Software, SaaS, FinTech
LBBW VC
VC Fund
5 Germany, United Kingdom, Switzerland Series A, Seed, Series B Biotechnology, Software, Health Care $850k–$62M
b2venture
VC Fund
5 Germany, Switzerland, United Kingdom Series A, Seed, Series B Software, Health Care, Information Technology $1.2M–$52M
Senovo
VC Fund
5 Germany, United States, Sweden Series A, Seed, Series B Software, SaaS, Information Technology $2M–$66M
TGFS - Technologiegründerfonds Sachsen
VC Fund
5 Germany, United States Seed, Series A, Venture - Series Unknown Software, Information Technology, Health Care $796k–$15M
Felix Jahn
Angel
4 Germany, United Kingdom, United States Seed, Pre-Seed, Series A Software, Information Technology, Internet $738k–$8M
Michael Brehm
Angel
4 Germany, Italy, Austria Seed, Angel, Series A Software, Financial Services, Finance $197k–$13M
WestTech Ventures
VC Fund
4 Germany, United States, France Seed, Pre-Seed, Series A Software, Internet, Information Technology $902k–$11M
another.vc
VC Fund
4 Germany, Switzerland, France Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $1.2M–$20M
Andreessen Horowitz
VC Fund
4 United States, United Kingdom, Canada Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $1.5M–$113M
Deutsche Handelsbank
VC Fund
4 Germany, United States Debt Financing, Venture - Series Unknown Software, SaaS, Information Technology $826k–$7M
AM Ventures
VC Fund
4 Germany, United States, Switzerland Seed, Series A Manufacturing, 3D Printing, Software $411k–$6.9M
eQventure
VC Fund
4 Austria, Germany, Switzerland Seed, Series A, Series B Software, Information Technology, Automotive $540k–$13M
Accel
VC Fund
4 United States, India, United Kingdom Series A, Series B, Seed Software, Artificial Intelligence, SaaS $1.3M–$75M
Fly Ventures
VC Fund
4 United Kingdom, Germany, United States Seed, Pre-Seed, Series A Artificial Intelligence, Software, Machine Learning $1.5M–$20M
Saarbruecker 21
VC Fund
4 Germany, United States, Israel Seed, Pre-Seed, Angel Software, Internet, E-Commerce $267k–$5.9M
DN Capital
VC Fund
4 United States, Germany, United Kingdom Series A, Series B, Seed Software, SaaS, E-Commerce $1M–$82M
TRUMPF Venture
VC Fund
3 Germany, Switzerland, United States Series A, Series B, Seed Manufacturing, Software, Artificial Intelligence $1.9M–$70M
Nauta Capital
VC Fund
3 Spain, United Kingdom, United States Series A, Seed, Series B Software, SaaS, Mobile $1.2M–$27M
LEA Partners
VC Fund
3 Germany, United States, Austria Seed, Series A, Private Equity Software, Artificial Intelligence, SaaS $2.8M–$31M
EnBW New Ventures
VC Fund
3 Germany, Norway, Austria Series A, Seed, Series B Software, Artificial Intelligence, SaaS $1.4M–$28M
Balderton Capital
VC Fund
3 United Kingdom, United States, Germany Series A, Series B, Series C Software, Artificial Intelligence, Financial Services $5M–$160M
BlueYard Capital
VC Fund
3 United States, Germany, United Kingdom Seed, Series A, Venture - Series Unknown Software, Biotechnology, Blockchain $1.5M–$47M
Bastian Nominacher
Angel
3 Germany, France, Denmark Seed, Series A, Pre-Seed Software, Artificial Intelligence, SaaS $2.1M–$32M
Global Founders Capital
VC Fund
3 United States, Germany, United Kingdom Seed, Series A, Pre-Seed Financial Services, Software, FinTech $575k–$30M
Freigeist Capital
VC Fund
3 Germany, The Netherlands, Bulgaria Seed, Series A, Pre-Seed Software, Food and Beverage, SaaS $549k–$21M
IFB Innovationsstarter
VC Fund
3 Germany, United States Seed, Grant Software, SaaS, Artificial Intelligence $79k–$3M
KfW
VC Fund
3 Germany, India, United Kingdom Series A, Series B Biotechnology, Software, Health Care $2.2M–$17M
Redstone.VC
VC Fund
3 Germany, Finland, Switzerland Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $460k–$17M
WENVEST Capital
VC Fund
3 Germany, United Kingdom, Switzerland Seed, Series A, Series B Software, Information Technology, Health Care $1.2M–$23M
Access all 608 investors in Germany Enterprise Software startups.

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

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Investor list

HTGF (High-Tech Gruenderfonds)
VC Fund · Bonn, Nordrhein-Westfalen, Germany · 22 investments in Germany Enterprise Software startups

High-Tech Grunderfonds finances startups with growth potential. Its team of investment managers supports young companies with expertise, entrepreneurial spirit, and passion. The company focuses in the fields of digital tech, industrial tech, life sciences, chemistry, and related business areas. It also focuses on financial services in varioussectors.

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Investment focus

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

Investor stats

  • Total investments: 771
  • Round size: Seed $790k–$6.9M; Pre-Seed $841k–$2.8M; Series A $3M–$31M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — raised $515M in 2022

Portfolio highlights

  • Extoll — EXTOLL, a leader in high-speed, ultra-low power SerDes and Chiplet connectivity, offers semiconductor IP with the smallest footprints and highest PPA. Serving global ASIC, SoC, and Chiplet markets, our portfolio includes tailored NoC (Network-on-Chip) and Die-to-Die solutions. EXTOLL drives innovation, enabling successful migration into the Chiplet Age.
  • BlueID GmbH — Smart locks for professionals. BlueID delivers flexible, secure and convenient smart locks for all doors in and around your office.
  • CenterPoint - Connective Software Engineering — CenterPoint was founded in 2000 and is based in Villach, Austria with an additional office in Warsaw, Poland. CenterPoint - Connective Software Engineering develops and markets process control and fault detection and classification software solutions. The company offers cause effect analysis, metrology assessment, and close loop and run to runcontrol services. It's focus are the semiconductors, electronics, and steel and alloy industries.
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UVC Partners
VC Fund · Munich, Bayern, Germany · 12 investments in Germany Enterprise Software startups

UVC Partners is a Munich- and Berlin-based early-stage venture capital firm that invests in technology-based startups in the areas of enterprise software, industrial technologies, and mobility. The fund typically invests between € 0.5 - 10m initially and up to € 20m in total per company.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: Germany, Switzerland, Denmark

Investor stats

  • Total investments: 151
  • Round size: Seed $2.2M–$14M; Series A $5.5M–$32M; Series B $6.5M–$175M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $276M in 2024

Portfolio highlights

  • Reverion — Reverion develops reversible and carbon-negative power plants using patented biogas technology for renewable energy.
  • Stabl Energy — Scalable battery storage systems for energy storage in industry and commerce made by STABL Energy help to utilise the full potential of renewable energies.
  • Kuro Technology — Kuro is the AI ​​foundation for general contractors.
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HV Capital
VC Fund · Munich, Bayern, Germany · 11 investments in Germany Enterprise Software startups

HV Capital is one of the leading early-stage and growth investors in Europe. With nine fund generations in 23 years and €2.8 bn in managed assets, HV Capital is one of the continent's most active investors. The investment team has many years of experience in identifying European startups with great potential for success. In addition tointernational success stories like Zalando, Delivery Hero, Sumup, and Depop, innovation leaders such as Enpal, Flixbus, Sennder, and Isar Aerospace are also part of the portfolio. HV Capital has invested in around 225 internet and technology companies, supporting startups with ticket sizes ranging from €0.5 to €60m. It is one of Europe's few venture capital firms that can finance startups through all growth phases. HV Capital has a team of more than 40 investment and operations professionals who provide a variety of perspectives and expertise across the venture capital landscape.

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Investment focus

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

Investor stats

  • Total investments: 508
  • Round size: Seed $1.5M–$12M; Series A $3.6M–$37M; Series B $7.5M–$80M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — raised $783M in 2023

Portfolio highlights

  • Exein — Exein develops embedded cybersecurity solutions designed to secure Internet of Things (IoT) and connected devices. The company provides a platform that integrates security directly into the firmware of embedded systems, enabling real-time threat detection, monitoring, and response. Exein’s technology focuses on runtime protection and behavioranalysis at the edge, helping manufacturers secure devices without requiring major hardware changes or external software agents. Its solution is compatible with widely used real-time operating systems (RTOS) and Linux-based environments, allowing for flexible integration across different devices. The company also offers tools for vulnerability assessment and threat intelligence tailored for firmware-level defense. Exein supports developers with APIs and SDKs to incorporate security features during the product development phase. Through its platform, the company addresses growing security risks in critical sectors such as automotive, industrial automation, and consumer electronics.
  • Flip — The AI employee experience platform for frontline workers without a company email. Flip unites comms, HR, identity and AI in one app. Book a demo.
  • Ore Energy — Ore Energy is creating a new generation, cost effective, long-duration energy storage solution which will enable a decarbonized energy future by utilizing some of the most readily available materials
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Bayern Kapital
VC Fund · Landshut, Bayern, Germany · 9 investments in Germany Enterprise Software startups

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, Health Care, Manufacturing
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 259
  • Round size: Seed $1.7M–$6.3M; Series A $3.9M–$32M; Series B $3.9M–$132M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — raised $29M in 2010

Portfolio highlights

  • Hema.to — Flow cytometry analysis software, re-imagined. From raw FCS and LMD data to finalized report with AI-powered CellStudio.
  • Arcos — Arcos is a civil safety and security technology company.
  • HyImpulse Technologies — HyImpulse develops dedicated sub-orbital and orbital launch services using hybrid propulsion-based launch vehicles. Their SR75 is a single stage sounding rocket using a hybrid rocket engine to deliver institutional and commercial experiments into a micro gravity environment during a suborbital flight.
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Cherry Ventures
VC Fund · Berlin, Berlin, Germany · 9 investments in Germany Enterprise Software startups, 26 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, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 297
  • Round size: Seed $1.9M–$14M; Pre-Seed $1.1M–$6.6M; Series A $7.3M–$44M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely actively investing — fresh fund, raised $500M in 2025

Portfolio highlights

  • Resolutiion — Resolutiion provides AI-powered software for managing commercial conflict, delivery risk, and business relationship performance. The platform supports organizations with dispute detection, workflow automation, contract monitoring, issue resolution, and operational risk management across customers, suppliers, workforce teams, and commercialpartnerships. Its system uses AI-driven analysis to identify relationship friction, monitor delivery performance, and support structured resolution processes. Resolutiion also provides commercial intelligence tools, reporting, and collaboration features for enterprise delivery and governance management.
  • Spiich Labs — AI for revenue teams that win on relationships. The agentic sales platform that eliminates CRM admin: your CRM updates itself after every call, you get daily meeting briefs, and follow-ups write themselves. Save 9+ hours weekly.
  • Integral — Bookkeeping, financial statements, and payroll all from one source
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Speedinvest
VC Fund · Vienna, Wien, Austria · 9 investments in Germany Enterprise Software startups

Speedinvest is a globally active European venture capital firm built on a simple belief: many move more. From six offices across EMEA, our sector-focused investment teams back relentless founders from pre–Seed to Growth with long-term conviction, providing day-one access to our global network of corporate customers, experts, industry leaders, andtop-tier follow-on investors to scale smarter and faster. Building lasting companies like Bitpanda (Austria), Moove (Nigeria), Gigs (U.S.), Tide (UK), ARX Robotics (Germany), Wayflyer (Ireland), GoStudent (Austria), Seqera Labs (Spain), and Cylib (Germany) — together. Big ideas may start with one. But scaling and winning take The Power of More.

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Investment focus

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

Investor stats

  • Total investments: 674
  • Round size: Seed $797k–$7.9M; Pre-Seed $411k–$3.8M; Series A $4.1M–$33M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $372M in 2022

Portfolio highlights

  • Findery — Find and leave notes anywhere in the world, discover local knowledge, hidden secrets, and exciting stories. Share your travel knowledge, geoblog, or local news!
  • GAMINSIDE — GAMINSIDE revolutionizes your relationship with your customers. As European full service provider, we deliver the complete package with solutions, services and software for gamified loyalty that is tailor-made and unique to your products, brands and customers. Integrate the best ideas from gamification and customer loyalty in your business areato exceed your commercial targets with GAMINSIDE.
  • Polaron — Material Design. Supercharged with AI.
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Earlybird Venture Capital
VC Fund · Berlin, Berlin, Germany · 9 investments in Germany Enterprise Software startups

Founded in 1997, Earlybird is a pan-European VC investor backing tech-enabled companies and investing in their growth and development. Funds include Earlybird, Earlybird Health, Growth Opportunities.

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Investment focus

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

Investor stats

  • Total investments: 401
  • Round size: Seed $1.5M–$14M; Series A $3.5M–$35M; Series B $6M–$75M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely actively investing — fresh fund, raised $422M in 2026

Portfolio highlights

  • Avrea — Avrea is the CI/CD platform built for the age of AI, helping teams ship software faster, more often, and with higher quality.
  • ColibrITD — ColibriTD leader of Simulation solutions using Quantum computing
  • TRAKKER — TRAKKER turns real-world visitor behavior into live analytics, lead intelligence, and personalized event journeys. For organizers, exhibitors, and visitors.
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Point Nine
VC Fund · Berlin, Berlin, Germany · 8 investments in Germany Enterprise Software startups

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, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United States, France

Investor stats

  • Total investments: 309
  • Round size: Seed $900k–$7.5M; Series A $3.2M–$24M; Series B $9M–$62M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — raised $173M in 2022

Portfolio highlights

  • Kaiko — Kaiko provides real-time and historical cryptocurrency trade data, order books, and aggregated prices through a cryptocurrency API, downloadable CSV files, and a livestream WebSocket. We cover 100+ crypto exchanges and 35,000+ trading pairs for Bitcoin, Ethereum, and altcoins.
  • Delivery Hero — Delivery Hero is the world's leading local delivery company. We are on a mission to deliver an amazing experience - fast, easy, and to your door.
  • Polar Analytics — Your Shopify Analytics. Effortless. Centralized. Smart. Connect your datasource in one clic, automatically calculate KPIs. Visualize them all in one place. Get alerts and recommendations in realtime
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468 Capital
VC Fund · Berlin, Berlin, Germany · 8 investments in Germany Enterprise Software startups

468 Capital is an investment firm that focuses on identifying and managing opportunities in various markets. The firm employs a systematic approach to investment analysis and portfolio management. It collaborates with a range of partners to support its investment strategies. The company serves industries including technology, healthcare, andrenewable energy.

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Investment focus

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

Investor stats

  • Total investments: 229
  • Round size: Seed $2.3M–$12M; Pre-Seed $500k–$3.8M; Series A $9M–$42M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $400M in 2022

Portfolio highlights

  • Relixir — Relixir is AI Generative Engine Optimization (GEO) assistant that maps, monitors and improves AI search rankings.
  • Pally — Pally is an AI personal assistant you text. Use it on iMessage, Android RCS, or Telegram for email, calendar, reminders, research, and errands.
  • ARC Intelligence — ARC Intelligence operates as a supplier of data systems driven by AI for small and medium-sized businesses.
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Crane Venture Partners
VC Fund · London, England, United Kingdom · 7 investments in Germany Enterprise Software startups, 15 in the past 12 months

Crane is a London based VC firm investing and building seed and early stage intelligent enterprise and deep technology businesses across Europe. Our strategy is to support founders in building and executing their go-to-market strategy.

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Investment focus

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

Investor stats

  • Total investments: 138
  • Round size: Seed $2.9M–$8.8M; Pre-Seed $2.2M–$16M; Series A $10M–$37M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — raised $140M in 2022

Portfolio highlights

  • Expanse — Expanse helps companies unlock more capacity from their GPU clusters.
  • Outerlimit — Outerlimit provides AI security and governance for agentic AI systems, with controls for identity, access, risk assessment, and activity.
  • OLIX — OLIX designs and manufactures optical processors that use light-based circuits to accelerate artificial intelligence workloads. The company develops Optical Tensor Processing Units that execute matrix and tensor operations for training and running inference on large-scale machine learning models. Its hardware aims to increase performance and reducepower consumption relative to conventional electronic accelerators by processing data in the optical domain. Flux Computing focuses on infrastructure for generative AI and advanced neural networks, targeting data centers and organizations that require intensive model computation. The product stack centers on custom optical chips integrated with supporting electronics, control software, and tools that link into existing AI frameworks. Sales and partnerships primarily address customers building large AI clusters, research environments, and emerging applications that benefit from high-throughput, low-energy computation.
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Access 48,091 investors

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

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Visionaries Club
VC Fund · Berlin, Berlin, Germany · 7 investments in Germany Enterprise Software startups

In this era of upheaval, obsession beats playbooks, ambition beats size and conviction beats consensus. We back those who run toward the fire and follow one simple rule: connecting the top 0.1% with the top 0.1%.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 150
  • Round size: Seed $2.7M–$17M; Series A $10M–$54M; Series B $29M–$111M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — raised $197M in 2022

Portfolio highlights

  • CYBRET AI — The New Era of Autonomous Cybersecurity
  • Orbio — Orbio AI is your AI-powered HR team. Automate hiring, improve match quality, engage talent across channels, and understand your organization. Built for companies that employ at scale. Giving HR leaders time and data to drive true organizational impact.
  • Tandem Health — Focus on providing care, while Tandem helps you easily write medical notes directly after the patient consultation.
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General Catalyst
VC Fund · Cambridge, Massachusetts, United States · 7 investments in Germany Enterprise Software startups

Investing in powerful, positive change that endures

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 2288
  • Round size: Seed $1.6M–$18M; Series A $6.7M–$75M; Series B $14M–$123M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely actively investing — fund raised in 2026

Portfolio highlights

  • Datalogix — Datalogix® is the industry-recognized leader at connecting digital media and offline purchasing data. We help more than half of the top 100 consumer marketers increase the effectiveness and measurability of their advertising. DLX Platform®, encompasses over $1 trillion in consumer spending and powers campaigns for more than 75% of online mediacompanies. DLX ROI® is rapidly becoming the industry standard for measuring offline sales lift for digital media. Datalogix also offers predictive analytics for Direct Mail, and integrated media solutions via the DLX Net. Our expertise spans the major consumer segments, including Retail, CPG, Automotive, Telecom, Travel and Financial Services. We are based in Colorado, with offices in New York City, San Francisco, Boston, Chicago, Detroit, and London.
  • Legora — By streamlining and simplifying legal workflows, we empower elite law firms and legal professionals to work more efficiently and effectively. Enabling them to focus on higher-value tasks and deliver exceptional results for their clients.
  • Ayr Energy — Ayr Energy designs, engineers, manufactures, and supplies power transformers, distribution transformers, switchgear, and circuit breakers.
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Picus Capital
VC Fund · Munich, Bayern, Germany · 7 investments in Germany Enterprise Software startups

Picus Capital is an early-stage technology investment firm with a long-term investment philosophy. We work together with daring technology companies to build successful, global companies challenging the status quo and shaping tomorrow.

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Investment focus

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

Investor stats

  • Total investments: 452
  • Round size: Seed $1.6M–$11M; Pre-Seed $563k–$4.5M; Series A $3.9M–$34M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: Likely still investing — raised $140M in 2024

Portfolio highlights

  • Enpal — Kostenlose Planung von Solaranlagen. Gewinnbringende & schnelle Umsetzung von Photovoltaikanlagen inklusive professionelle Installation & Netzanschluss. Zum Festpreis!
  • Lightbase — An always up-to-date view of your entire IT ecosystem for faster decisions and confident transformation at scale
  • Spot My Energy — The uptake of PV, EVs, home storage, and heat pumps leads to a gigantic need for digital and intelligent metering and for the integration of millions of...
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IBB Ventures
VC Fund · Berlin, Berlin, Germany · 6 investments in Germany Enterprise Software startups

Pre-Seed to Series A for Berlin-based founders. Where 30 years of expertise, capital and execution power meet.

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Investment focus

  • Industry: Software, Health Care, SaaS
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 266
  • Round size: Seed $1M–$4.6M; Series A $2.3M–$11M; Venture - Series Unknown $2.7M–$8.4M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: Likely still investing — raised $120M in 2022

Portfolio highlights

  • Nenna AI — Nenna AI is a powerful AI enablement platform designed for the secure application of AI technologies.
  • Jurafuchs — Jurafuchs provides legal education via a mobile app.
  • Amara — Voice-first senior companion delivered via tablet and dock with a family app, serving Germany's AgeTech market.
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Capnamic
VC Fund · Cologne, Nordrhein-Westfalen, Germany · 6 investments in Germany Enterprise Software startups

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

Investor stats

  • Total investments: 182
  • Round size: Seed $1.8M–$8.6M; Series A $2.6M–$23M; Series B $5.3M–$30M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $210M in 2022

Portfolio highlights

  • Freshflow — Freshflow is harnessing AI to build the food supply chain technology of the future and tackle global food waste.
  • Omegga GmbH — Omegga is developing a non-invasive, purely optical, Al-powered method for in-ovo sex detection of chicken embryos at an early stage.
  • Logistikbude — Logistikbude is a web-based software to automate the load carrier management. It is independent of load carrier types and addresses both the tracking of own load carriers and the management of exchange processes in open pools.
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NAP
VC Fund · Berlin, Berlin, Germany · 6 investments in Germany Enterprise Software startups

Cavalry is an early-stage venture capital investor focused on European technology companies.

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Investment focus

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

Investor stats

  • Total investments: 95
  • Round size: Seed $1.6M–$6.3M; Pre-Seed $1M–$6.2M; Series A $4.5M–$30M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • AMPECO — Launch, optimize, and scale EV charging operations with AMPECO's enterprise-grade, AI-native platform. White-label, hardware-agnostic, built for CPOs and eMSPs.
  • UniteLabs — UniteLabs provides the foundational operating system for AI-driven lab automation in life science. It accelerates scientific discovery by closing the loop with a unified data and automation infrastructure, seamless integration, and intelligent control. Our platform empowers ambitious biotech companies, big pharma, integrators, and hardware vendorsby offering bidirectional connectors for diverse lab equipment, a scalable cloud platform with an open API, and a powerful workflow engine with an integrated compute environment. This allows for the creation of sophisticated, modular workflows, and enables rapid automation development through our Lab-as-Code environment, featuring a dynamic Python SDK and application-specific libraries.
  • beSirius — beSirius transforms ESG chaos into clarity - connecting your data to spot trends, reveal revenue signals, and answer any stakeholder in minutes. Smarter decisions, faster deals, zero admin drain.
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Project A Ventures
VC Fund · Berlin, Berlin, Germany · 5 investments in Germany Enterprise Software startups, 8 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 $1bn 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, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 228
  • Round size: Seed $1.4M–$8.9M; Series A $3.8M–$28M; Series B $11M–$75M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely actively investing — fresh fund, raised $377M in 2025

Portfolio highlights

  • Nexcade — Nexcade AI agents run freight quoting, tenders, rates, bookings, and reporting with your team, visible and controlled at every step.
  • Project Q — European defence integration. Deployed with Bundeswehr, validated at NATO. Open-core, ITAR-free, no vendor lock-in. Connect sensors to C2 in seconds.
  • STARK — EUROPEAN DEFENCE SOVEREIGNTY
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Wayra
VC Fund · Madrid, Madrid, Spain · 5 investments in Germany Enterprise Software startups

Wayra is a globally connected and technological open innovation hub in the world. We currently operate in 10 countries: Argentina, Brazil, Chile, Colombia, Germany, Mexico, Peru, Spain, the United Kingdom, and Venezuela.Through Telefónica our global presence allows us to be at the helm of innovation, shoulder to shoulder with drivenentrepreneurs and in a position to engage the right partners and leaders of industries for business. Our mission is clear, to connect innovators with Telefónica and generate joint business opportunities. We are the interface between Telefónica and entrepreneurial ecosystems across the globe because innovation makes good business sense.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Venture - Series Unknown, Grant
  • Geography: Spain, United Kingdom, Brazil

Investor stats

  • Total investments: 531
  • Round size: Seed $50k–$2.4M; Grant $40k–$387k; Venture - Series Unknown $150k–$5.8M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2017

Portfolio highlights

  • 1DOC3 — 1doc3 is a e-health platform that connects 490 million of Spanish speaking people with licensed and trusted doctors. Users find personalized answers to their health related questions. Doctors build their online reputation, find new patients and create the biggest health related questions and answers curated database in Spanish. The Platform isavailable via web, App, SMS and USSD, allowing the entire population to have access to a Doctor no matter where they are, or even if they don't have internet access.
  • Devengo — Light-speed transfers. Our Instant Payments API enables seamless integration to automate payouts to your customers in Europe and the UK.
  • Quantum Bridge — Quantum Bridge is a pioneer in Distributed Symmetric Key Exchange (DSKE) technology. It offers quantum-safe cybersecurity products and services. Quantum-safe product and services, Quantum-safe roadmap and quantum-safe solutions implementation.
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Hanno Renner
Angel · Munich, Bayern, Germany · 5 investments in Germany Enterprise Software startups

Hanno Renner is based out of Munich, Bayern and is the Co-Founder and Chairman of Personio Foundation. Hanno previously worked at Quarterdeck Life Ltd as a Skipper of Sailing Yachts. Hanno Renner attended Columbia University.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, Sweden, United Kingdom

Investor stats

  • Total investments: 33
  • Round size: Seed $2.1M–$9M; Pre-Seed $1.2M–$6.5M; Series A $11M–$32M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • CodeWords — CodeWords is a technology startup working on AI systems for workflow automation. Their platform CodeWords lets anyone create automations and AI workflows by chatting with AI. Agemo's technology is designed to build code-based workflows and systems that can autonomously reason through software.
  • CedarDB — One Database, Endless Possibilities
  • Regulate — Accessible Breathwork for Professionals
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eCAPITAL ENTREPRENEURIAL PARTNERS
VC Fund · Münster, Nordrhein-Westfalen, Germany · 5 investments in Germany Enterprise Software startups, 8 in the past 12 months

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, Seed
  • Geography: Germany, Italy, Spain

Investor stats

  • Total investments: 125
  • Round size: Seed $1.1M–$15M; Series A $2.8M–$14M; Series B $3.1M–$27M
  • Lead/follow: 69% lead, 31% follow
  • Last fund: Likely still investing — raised $99M in 2022

Portfolio highlights

  • Credoxys — Credoxys develops organic electronic materials for OLED displays, OLED lighting, organic photovoltaics, and sensors. Its portfolio includes dopants and transport materials designed to influence charge transport, optical transmission, power consumption, and energy generation in organic electronic devices. The company also develops materials forscale-up and customer-specific applications.
  • Dawnguard — AI-native platform for fast cloud design and implementation.
  • QuoIntelligence — Our finished intelligence will significantly reduce your operational risks and allow you to make informed security decisions.
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coparion
VC Fund · Cologne, Nordrhein-Westfalen, Germany · 5 investments in Germany Enterprise Software 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: 97
  • Lead/follow: no public data

Portfolio highlights

  • Finoa — Finoa is the leading European crypto-asset management platform, empowering businesses and institutions to engage with crypto safely and intuitively.
  • Protembis — ProtEmbo is designed to be a simple and reliable solution for one of the most feared complications during TAVR.The advent of transcatheter treatments for valvular heart disease has been a major revolution in the care of patients with disabilities or intercurrent illnesses that precluded undergoing stressful open cardiac surgical procedures.Nonetheless, in spite of ongoing improvements in TAVR procedures and outcomes, the occurrence of cerebrovascular events represents a significant morbidity of TAVR.Protembis was founded based on the vision to reduce the risk of cerebrovascular events, thereby improving outcomes and making TAVR even safer – especially in light of TAVR shifting to younger and lower-risk patients. The ProtEmbo System is an adjunctive device used during TAVR and removed following completion of valve implantation. The ProtEmbo is an intra-aortic filter device that is designed to deflect embolic material arising during TAVR away from the cerebral circulation.
  • Tubulis — Reimagining Antibody Drug Conjugates Tubulis generates uniquely matched protein-drug conjugates through the combination of novel proprietary technologies and disease-specific biologic insight. Our goal is to expand the therapeutic potential of antibody-drug conjugates (ADCs) by increasing design flexibility while overcoming constraints of toxicity, efficacy and indication. Tubulis will build new conjugates to fill its pipeline and
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LBBW VC
VC Fund · Stuttgart, Baden-Wurttemberg, Germany · 5 investments in Germany Enterprise Software startups

We help brilliant teams with a strong moat to establish visionary market leaders.

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Investment focus

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

Investor stats

  • Total investments: 50
  • Round size: Seed $850k–$13M; Series A $2.7M–$17M; Series B $1.7M–$62M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Metergrid — Metergrid is an energy technology company that provides software and services to plan and execute tenant electricity projects using locally generated solar power for multi-party properties. It offers tools that support economic analysis, technical setup, billing, and digital management of decentralized energy systems for property owners and energyservice providers. The company’s platform integrates project planning, metering technology, and administrative software to help stakeholders manage energy flows and customer contracts. Metergrid also works with partner networks to coordinate installation and operational support for photovoltaic systems. Its offerings aim to simplify the deployment and ongoing administration of tenant electricity models for real estate stakeholders.
  • Blockbrain — AI-Driven Business Excellence
  • Oska Health — Oska Health delivers digital-enabled care solutions for chronic kidney disease patients, a top clinical need for healthcare payers. By leveraging evidence-based medical best practices and behavioral science, Oska Health aims to empower individuals with kidney disease to mitigate their risk of cardiovascular complications and kidney failure whilesimultaneously lowering costs of care. The company partners with healthcare payers to provide a comprehensive solution that includes a personal coach, a state-of-the-art health app, and intelligent treatment plan algorithms, all designed to help individuals establish new routines and achieve optimal health outcomes.
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b2venture
VC Fund · Saint Gallen, Sankt Gallen, Switzerland · 5 investments in Germany Enterprise Software startups, 6 in the past 12 months

B2venture is a venture capital firm focused on early-stage investments in digital and industrial technology companies. B2venture invests EUR 100m+ 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: 278
  • Round size: Seed $1.2M–$8.8M; Series A $3.4M–$23M; Series B $6.9M–$52M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely actively investing — fresh fund, raised $179M in 2026

Portfolio highlights

  • LiveEO — LiveEO is the leading solution provider for AI-powered satellite-based monitoring of large infrastructure networks. Trusted worldwide.
  • Everlab — The preventative health service of the future. Detect disease early, improve wellbeing, and optimise performance.
  • Flyboard — Human-level AI voice agents at a fraction of the cost. Transform your customer engagement with intelligent automation.
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Senovo
VC Fund · München, Bayern, Germany · 5 investments in Germany Enterprise Software 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, United States, Sweden

Investor stats

  • Total investments: 67
  • Round size: Seed $2M–$8.4M; Series A $2.8M–$13M; Series B $5M–$66M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Lative — Lative is an advanced sales planning and decision intelligence platform that helps you meet company objectives in the most profitable and efficient way.
  • Parloa — Parloa is the AI agent management platform for enterprise CX. Build, test, and scale voice and chat AI agents that turn conversations into loyalty.
  • FlowFuse — Build industrial applications in minutes with AI, then deploy and govern production from cloud to edge.
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TGFS - Technologiegründerfonds Sachsen
VC Fund · Leipzig, Sachsen, Germany · 5 investments in Germany Enterprise Software startups

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, Health Care
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Germany, United States

Investor stats

  • Total investments: 159
  • Round size: Seed $796k–$4.8M; Series A $1.9M–$15M; Venture - Series Unknown $2.3M–$5.8M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Prodlane — Prodlane, the company behind MAIA, is a technology company based in Leipzig that specializes in intelligent software solutions for SMEs in the DACH region. With MAIA, we are setting new standards in data analysis and daily knowledge management in all areas of the company using AI, thereby driving forward the digital transformation of SMEs.
  • Cyber Insight — Cyber Insight - Measure, Manage, Mitigate Cyber Risks
  • HandsOn Robotics — Handson Robotics provides state of the art robotics automation workflows for commercial kitchens.
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Felix Jahn
Angel · Berlin, Berlin, Germany · 4 investments in Germany Enterprise Software startups

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, Information Technology, Internet
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 38
  • Round size: Seed $2.7M–$5.9M; Pre-Seed $738k–$6M; Series A $1.5M–$8M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Droidrun — Droidrun is a cutting-edge software development company that specializes in creating innovative solutions enabling AI agents to seamlessly access and control smartphone applications. By leveraging advanced artificial intelligence and machine learning algorithms, their software facilitates smooth interactions between AI systems and mobile devices,empowering agents to autonomously navigate, operate, and optimize a wide range of apps on both Android and iOS platforms.
  • Optimeleon — AI-native CRO. Dozens of page variants in seconds, the right one served to every visitor.
  • BLOCKS — BLOCKS deploys an AI agent to monitor cloud usage patterns continuously. The agent identifies wasteful resource allocations and applies real-time optimizations autonomously. It differs from dashboards by taking direct action instead of just alerting users.
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Michael Brehm
Angel · Berlin, Berlin, Germany · 4 investments in Germany Enterprise Software startups

Michael Brehm is one of the biggest names in the German startup scene. Having sold companies to Google and eBay, taken one company public, and started an investment company (Redstone), Brehm has had the right instinct for future trends and has built multiple businesses to disrupt the status quo.During the early 2000s, he was Executive Directorand Investor at the social network startup VZ-Netzwerke, as well as co-founder of Rebate Networks, which became one of the two largest global e-commerce platforms, positioning Brehm as an expert at not only seeing but also driving a business, during significant global market transitions.One of his more recent ventures is i2x. Since 2017, Brehm has been the Founder and Managing Director of i2x, an artificial intelligence startup based in Berlin. Together with his team, Brehm is working on solving a problem that he repeatedly faced in his career: ensuring quality and delivering unprecedented customer satisfaction during every sales and service call. i2x helps companies deliver actionable insights from every customer phone call in real-time using its custom-developed voice recognition technology and AI algorithms. i2x automatically generates personalized coaching for the user that is tailored to both their speaking style and their business priorities to drive immediate results in sales and service conversations.After spending two years in stealth mode, i2x secured a €5 million seed round of financing in 2018. In 2019, i2x received €10 million as fresh capital in a Series A funding. The Berlin-based start-up is now entering additional markets and further innovating their speech analysis solution to optimize human communication and transform every customer-company relationship.Currently, Michael Brehm is back in his role as Founding Partner at Redstone, one of the most active early-stage investors in Europe.

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Investment focus

  • Industry: Software, Financial Services, Finance
  • Stage:Seed, Angel, Series A
  • Geography: Germany, Italy, Austria

Investor stats

  • Total investments: 28
  • Round size: Seed $1M–$7.7M; Angel $197k–$932k; Series A $580k–$13M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • mika — mika is an accounting solution firm that offers monthly bookkeeping, payroll, invoice management, and financial planning services.
  • Cobrainer — Now is the time to create remarkable careers. The AI-powered skill platform for driving internal mobility and employees' life long development. Revolutionize work and collaboration with expertise intelligence.
  • Atheneum — Empowering through expertise. Atheneum is a leading global insights platform and expert network, servicing clients across strategy consulting, the financial services, corporate firms and the life sciences.
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WestTech Ventures
VC Fund · Berlin, Berlin, Germany · 4 investments in Germany Enterprise Software startups

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, Pre-Seed, Series A
  • Geography: Germany, United States, France

Investor stats

  • Total investments: 61
  • Round size: Seed $1.5M–$11M; Pre-Seed $902k–$2M; Series A $3M–$6.8M
  • Lead/follow: 11% lead, 89% 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.
  • ClimateChoice — ClimateChoice provides the AI-powered Climate Intelligence Platform designed for procurement- and climate teams to accelerate Scope 3 decarbonization. Companies use it to automate time-consuming and costly supplier engagement processes and collect audit-ready data at scale. Trusted by leaders like T-Systems, Lenovo, o2 Telefónica, and EnBW.Inorder to accelerate knowledge sharing, we support businesses to exchange best practices across a number of touchpoints, including an annual conference, a blended-learning program, regular webinars and an online magazine.
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another.vc
VC Fund · Berlin, Berlin, Germany · 4 investments in Germany Enterprise Software startups

We're just another venture capital firm. We invest as soon as you made up your mind to start a company. Sometimes even before that.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Germany, Switzerland, France

Investor stats

  • Total investments: 54
  • Round size: Seed $1.6M–$6.7M; Pre-Seed $1.2M–$3.6M; Series A $9M–$20M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Ark Climate — Ark Climate is a climate-tech company that develops software to support municipal climate protection planning and execution.
  • Cleavr — Cleavr is the first AI partner that automatically takes your money. which is linked to your ERP, takes care of everything on its own
  • Immitra Bio — Developing scalable in-vivo genomic medicine for blood disorders
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Andreessen Horowitz
VC Fund · Menlo Park, California, United States · 4 investments in Germany Enterprise Software startups

Andreessen Horowitz (a16z) is a venture capital firm in Silicon Valley, California, investing in bold founders, innovators, and entrepreneurs building the future through technology.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 2107
  • Round size: Seed $1.5M–$16M; Series A $9M–$55M; Series B $17M–$113M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: Likely actively investing — fresh fund, raised $1.2B in 2026

Portfolio highlights

  • Tennr — Tennr is a custom AI assistant that accelerates research, answers complex questions, and generates custom reports.
  • Phota Labs — Phota Labs is a developer of personalized AI photography tools preserving identity and memories.
  • Supersonik — Supersonik provides an AI-powered platform for SaaS companies to offer 24/7 interactive product demos, enabling prospects to explore and personalize demos instantly without scheduling or manual intervention.
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Deutsche Handelsbank
VC Fund · Munich, Bayern, Germany · 4 investments in Germany Enterprise Software startups

Deutsche Handelsbank was established by experienced fin-tech experts as the bank for digital startup and growth companies. They are deeply rooted in the technology startup ecosystem and dedicated to connecting and partnering with innovative technology companies, venture capital investors and domain experts. We accompany startup and digital growthcompanies along their way with growth financing, working capital, banking-as-a-service, and factoring solutions.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Debt Financing, Venture - Series Unknown
  • Geography: Germany, United States

Investor stats

  • Total investments: 35
  • Round size: Debt Financing $826k–$7M
  • Lead/follow: 49% lead, 51% follow

Portfolio highlights

  • Vitafy — Vitafy GmbH is a pure online player in fitness and sports nutrition, Vitafy addresses the growing healthy living movement.
  • talentsconnect — talentsconnect is the HR Tech company behind the JobShop: a SaaS career-site developed to optimise conversion rates in recruiting. With the JobShop recruiters are able to solve their recruiting bottlenecks and can regain independency from job boards.
  • Factor Eleven — Wir sind Factor Eleven. Ein Product & Tech-Startup mit der Mission die Planung, Kreation, Buchung und Abwicklung von Werbekampagnen einfacher und KPI-basierter zu machen.Durch die Entwicklung von SMARTER TECHNOLOGIE, wird diese Mission von Quartal zu Quartal mehr und mehr Realität. Mit Hilfe unserer technologischen „Core-Produkte“automatisieren wir Arbeitsschritte und ToDos, die heute in Unternehmen viel (unnötige) Zeit rauben und alles andere als effizient fördernd sind. Uns ist wichtig, dass sich Mitarbeiter unserer Kunden und Partner weniger um diese „Standard-Aufgaben“ oder „Trouble-Shooting“ kümmern müssen – sondern mehr Zeit für die wirklich wichtigen Dinge ihres Business haben: Deren Kunden, die Weiterentwicklung der Produkte/Dienstleistungen, Controlling & Learnings, etc.Dabei herausgekommen sind z.B. Media-Produkte, die dediziert entlang der Customer Journey entwickelt wurden und je nach Funnel-Stufe buchbar sind: Abgerechnet nach der KPI, die zur jeweiligen Funnel-Stufe passt/gehört. Ermöglicht wird dies durch unsere eigens entwickelten Algorithmen, die notwendiger Bestandteil sind, um den ambitionierten Ansprüchen von Marketeers und Mediaplanern gerecht zu werden. Darüber hinaus bieten unsere Produkte weitreichende Garantien hinsichtlich Transparenz, Brand Safety und Viewability um auch in Zukunft die Grenzen des Möglichen immer wieder neu zu challengen.
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AM Ventures
VC Fund · Starnberg, Bayern, Germany · 4 investments in Germany Enterprise Software startups

We back trailblazing entrepreneurs who transform the world with industrial 3D printing.

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Investment focus

  • Industry: Manufacturing, 3D Printing, Software
  • Stage:Seed, Series A
  • Geography: Germany, United States, Switzerland

Investor stats

  • Total investments: 36
  • Round size: Seed $411k–$3.3M; Series A $2M–$6.9M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: Likely still investing — raised $102M in 2022

Portfolio highlights

  • Soil Connect — Soil Connect Marketplace is a digital platform created for construction professionals who work with soil and aggregates on a regular basis. Its platform connects those who have it with those who need it.
  • Additive Drives — A new generation of electric motors: simpler, better and more sustainable!
  • Headmade Materials — Headmade Materials is a provider of the 3D-printing process Cold Metal Fusion (´Metal SLS`) for the serial production of metal parts.
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eQventure
VC Fund · Graz, Steiermark, Austria · 4 investments in Germany Enterprise Software startups

Entrepreneurs for Entrepreneurs

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Investment focus

  • Industry: Software, Information Technology, Automotive
  • Stage:Seed, Series A, Series B
  • Geography: Austria, Germany, Switzerland

Investor stats

  • Total investments: 67
  • Round size: Seed $540k–$1.2M; Series A $781k–$5.6M; Series B $4.2M–$13M
  • Lead/follow: 78% lead, 22% follow

Portfolio highlights

  • Diamens — Diamens is a company focused on femtech that develops a non-invasive menstrual blood-based molecular diagnostic to detect women-specific diseases like endometriosis.
  • Respory — Respory provides real-time people-tracking using proprietary radar sensors, all without capturing personal data. Our scalable sensor network, powered by AI-driven algorithms, delivers precise customer journey insights, critical for in-store performance in retail.
  • 2nd Cycle — 2nd Cycle creating a cost-effective, fully automated, and scalable solution for modules for a second life cycle.
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Accel
VC Fund · Palo Alto, California, United States · 4 investments in Germany Enterprise Software startups

First partner to exceptional teams everywhere

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Series A, Series B, Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 2492
  • Round size: Seed $1.3M–$10M; Series A $4.3M–$40M; Series B $10M–$75M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely actively investing — fresh fund, raised $750M in 2026

Portfolio highlights

  • Vectra AI — Vectra AI, the cybersecurity AI company that protects modern networks from modern attacks.
  • MobStac — Developer of a cloud-based mobile marketing platform designed to connect the digital and physical worlds through the use of innovative technology. The company's platform is based on the principals of proximity marketing and engage customers in a personalized, context-aware way that leverages indoor location and proximity, enabling businessesand brands to leverage BLE beacon technology to deliver context-rich experiences to their end users.
  • Perplexity — Perplexity is a search engine platform that uses artificial intelligence to provide large language models and search engines. The company's platform enables the development of beneficial artificial general intelligence, as well as an open-source environment that is accessible to the public, allowing clients to develop skills and knowledge inartificial intelligence.
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Fly Ventures
VC Fund · Berlin, Berlin, Germany · 4 investments in Germany Enterprise Software startups, 10 in the past 12 months

We back founders everyone wants to meet but nobody dares to invest in

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Investment focus

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

Investor stats

  • Total investments: 127
  • Round size: Seed $1.5M–$8.5M; Pre-Seed $1.5M–$4M; Series A $7.5M–$20M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely actively investing — fresh fund, raised $85M in 2024

Portfolio highlights

  • Tangent Robotics — Dexterous Robotic Manipulation
  • Orbital Industries — Orbital Materials leverages AI to design and deploy advanced materials & climate technologies for the long-term habitability of our planet.
  • Reimagine Robotics — Show the robot what to do, correct it where it fails, and adapt it as the process changes.
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Saarbruecker 21
VC Fund · Berlin, Berlin, Germany · 4 investments in Germany Enterprise Software 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, Pre-Seed, Angel
  • Geography: Germany, United States, Israel

Investor stats

  • Total investments: 87
  • Round size: Seed $267k–$5.9M; Pre-Seed $542k–$1.6M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Floy — Floy develops AI-driven software that supports radiologists in detecting complex and hard-to-identify diseases. The collaboration of Floy-AI and radiologists ensures optimal patient outcomes by enabling the early detection and thus early treatment of diseases.One of Floy’s distinguishing features is our innovative incentive structure. We partnerwith radiology offices to jointly offer patients our AI as a “second opinion”. This unique approach motivates radiologists to embrace Floy-AI and encourages widespread adoption.Since its establishment in 2021, Floy secured €8.8 million in funding and rapidly expanded its presence with over 150 radiology locations to date. Floy’s overarching mission is to pioneer proactive medicine by providing exceptional AI-powered diagnostic experiences for health-conscious patients.
  • a2zebra — a2zebra is a zebra company that specializes in instructional technology for elementary school kids.
  • Meine Erde — Meine Erde is a provider of ecological burial option in Europe.
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DN Capital
VC Fund · Menlo Park, California, United States · 4 investments in Germany Enterprise Software startups

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

Investor stats

  • Total investments: 451
  • Round size: Seed $1M–$12M; Series A $4.5M–$25M; Series B $10M–$82M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Gaussion — Gaussion is revolutionising batteries by utilising magneto-electrochemistry.
  • unique.ai — Automate personalized experiences to successfully transform your organization.
  • sherpa — AI Operating System for External Workforce Management
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TRUMPF Venture
VC Fund · Ditzingen, Baden-Wurttemberg, Germany · 3 investments in Germany Enterprise Software startups

The corporate venture capital arm TRUMPF Venture extends TRUMPF’s comprehensive activities to promote innovation and to detect disruptive technologies and business models early on. TRUMPF is the world technological and market leader for machine tools used in flexible sheet metal processing as well as industrial lasers. TRUMPF Venture investsglobally in early-stage start-ups active in areas complementary or adjacent to the TRUMPF core, such as Advances Photonics and Smart Factory. Funded start-ups benefit from an extensive network, deep domain knowhow, proven skills in scalability as well as support to access the TRUMPF group and its ecosystem. The requirements for a potential investment are a strategic fit, a high innovation leverage and differentiation in business model or technology, an experienced management team and risk adequate financial returns.

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Investment focus

  • Industry: Manufacturing, Software, Artificial Intelligence
  • Stage:Series A, Series B, Seed
  • Geography: Germany, Switzerland, United States

Investor stats

  • Total investments: 32
  • Round size: Seed $1.9M–$3.4M; Series A $4M–$12M; Series B $4.5M–$70M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: May invest from a new fund soon — raised $45M in 2016

Portfolio highlights

  • Quside — Our QRNGs let innovators build advanced solutions for cybersecurity and computation.
  • Threedy — Unlock the power of real-time 3D data. Accelerate workflows, optimize operations, and scale effortlessly with instant3Dhub.
  • Sensibel — sensiBel is a Norwegian optical MEMS sensor company delivering the next generation of studio-quality MEMS microphones.
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Nauta Capital
VC Fund · London, England, United Kingdom · 3 investments in Germany Enterprise Software startups

We support visionary founders across Europe as they build the next generation of B2B software companies.

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Investment focus

  • Industry: Software, SaaS, Mobile
  • Stage:Series A, Seed, Series B
  • Geography: Spain, United Kingdom, United States

Investor stats

  • Total investments: 175
  • Round size: Seed $1.2M–$5.4M; Series A $2.7M–$11M; Series B $3.5M–$27M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: Likely still investing — raised $220M in 2021

Portfolio highlights

  • NetBird — Wiretrustee is an open-source VPN platform built on top of WireGuard® making it easy to create secure private networks for your organization or home. It requires zero configuration effort leaving behind the hassle of opening ports, complex firewall rules, VPN gateways, and so forth.
  • Tangany — Europe's regulated digital asset custodian. Trusted by 60+ banks, brokers and financial institutions. MiCA-licensed and BaFin regulated from Germany. API-first.
  • Neurolabs — Neurolabs helps puts an end to out-of-stocks using a powerful combination of computer vision and synthetic data, improving customer experience and increasing revenue.
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LEA Partners
VC Fund · Karlsruhe, Baden-Wurttemberg, Germany · 3 investments in Germany Enterprise Software startups

LEA Partners as an entrepreneurial-minded multi-stage private equity and venture capital firm and supports ambitious B2B Tech founders and executives by leveraging them with practical, hands-on growth expertise to achieve market leadership.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Series A, Private Equity
  • Geography: Germany, United States, Austria

Investor stats

  • Total investments: 51
  • Round size: Seed $2.8M–$6.4M; Series A $6.1M–$31M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: May invest from a new fund soon — raised $233M in 2018

Portfolio highlights

  • Gixel — Creating breakthrough AR display technology for AI glasses and spatial computing.
  • Fiber Elements — Fiber Elements offers technology for the fully automated production of basalt fiber reinforcement structures.
  • Black Forest Labs — Official Account: https://t.co/iF047jr0Yg @bfl_ai
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EnBW New Ventures
VC Fund · Karlsruhe, Baden-Wurttemberg, Germany · 3 investments in Germany Enterprise Software startups

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

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Series A, Seed, Series B
  • Geography: Germany, Norway, Austria

Investor stats

  • Total investments: 45
  • Round size: Seed $1.4M–$11M; Series A $4.2M–$12M; Series B $5.5M–$28M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: May invest from a new fund soon — raised $106M in 2018

Portfolio highlights

  • Spoor — Spoor's software uses advanced computer vision and AI to detect, track, and classify birds at wind farms
  • enspired — Revolutionize battery storage with AI-powered BESS optimization. Our energy trading platform ensures smart, real-time market access. Contact us today!
  • Elephant — Elephant in an AI-powered platform for frontline and blue-collar workers. It specializes in training and communication tools for decentralized, frontline workforces in sectors like manufacturing and logistics. Its core AI Coursebuilder converts technical documentation into gamified, mobile-friendly microlearning modules.
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Balderton Capital
VC Fund · London, England, United Kingdom · 3 investments in Germany Enterprise Software startups

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, Artificial Intelligence, Financial Services
  • Stage:Series A, Series B, Series C
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 465
  • Round size: Series A $5M–$30M; Series B $9.3M–$100M; Series C $13M–$160M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — raised $615M in 2024

Portfolio highlights

  • NewBay — NewBay enables operators and device makers to deliver a lifetime of digital content experiences across any connected device such as mobile, PC, tablets and TV. The NewBay white label software platform powers cloud-based services for storing, sharing, accessing and organizing digital content. NewBay enables customers to monetize a wide range ofbranded services such as social networking, photo and video albums, digital vault, notifications and converged messaging. NewBay is delivering highly successful commercial services for operators and device makers worldwide. Customers include T-Mobile, Telefonica O2, Orange, U.S. Cellular, AT&T, Telstra, Verizon and LG Electronics. NewBay is processing millions of messages daily and stores billions of media for live operator and device maker services. NewBay is based in Dublin, Ireland; Seattle, USA; Atlanta, USA; London, UK; Sydney, Australia and Seoul, South Korea. NewBay was founded in 2002. Following acquisition in 2011, NewBay is a wholly owned subsidiary of Research In Motion Limited (RIM).
  • Socowave — Get full access to this domain. Easy, seamless transactions. Zero percent financing available.
  • Spott — Spott is an AI-native ATS & CRM for Staffing and Recruiting firms.
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BlueYard Capital
VC Fund · Berlin, Berlin, Germany · 3 investments in Germany Enterprise Software startups

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

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Investment focus

  • Industry: Software, Biotechnology, Blockchain
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 115
  • Round size: Seed $1.5M–$13M; Series A $7M–$47M; Venture - Series Unknown $3.8M–$29M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • boxd — Persistent, forkable and suspendable virtual machines for agents and agentic workloads.
  • Rapidata — Fast and reliable data labeling that powers your AI. Define your label needs now and get the results in minutes.
  • Chomp — Chomp is a social network platform that focuses on on question-and-answer with prediction-based systems.
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Bastian Nominacher
Angel · Munich, Bayern, Germany · 3 investments in Germany Enterprise Software startups

Co-Founder and Co-CEO Responsible for EMEA & APAC, global operations, finance, HR and the overall direction for Celonis.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, France, Denmark

Investor stats

  • Total investments: 14
  • Round size: Seed $2.1M–$15M; Pre-Seed $2.4M–$2.7M; Series A $2.2M–$32M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Linexa — Linexa develops cloud-based SaaS for decoding complex shop floor automation—parsing PLC, HMI, SCADA, and MES systems into a unified, searchable model.
  • atira — atira develops industry-specific AI agents for sales engineering and quoting in complex manufacturing. Its AI Sales Engineering Agent platform supports the sales engineering lifecycle by helping teams handle technical and commercial quoting activities. The company provides the software to manufacturing organizations that manage complex products andcustomer requirements.
  • Qontext — Qontext is the context layer for the AI-native company, keeping knowledge structured, current, permission-aware, and ready for AI agents.
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Global Founders Capital
VC Fund · Berlin, Berlin, Germany · 3 investments in Germany Enterprise Software startups

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: 1119
  • Round size: Seed $1.2M–$8.8M; Pre-Seed $575k–$5M; Series A $5M–$30M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: May invest from a new fund soon — raised $2B in 2018

Portfolio highlights

  • Benford — Benford is a modern, licensed audit firm that provides technology-driven statutory audit services using its custom software, AuditOS.
  • Primo — A birdseye view of your IT.
  • sevDesk — Deutschlands beliebteste Buchhaltungssoftware: Rechnungen& Angebote erstellen, Buchhaltung erledigen, Kunden- &Lagerverwaltung u.v.m.
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Freigeist Capital
VC Fund · Bonn, Nordrhein-Westfalen, Germany · 3 investments in Germany Enterprise Software startups

Freigeist Capital is the investment company of Frank Thelen, Marc Sieberger and Alex Koch. We invest in deep tech startups and excellent founders.

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Investment focus

  • Industry: Software, Food and Beverage, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, The Netherlands, Bulgaria

Investor stats

  • Total investments: 41
  • Round size: Seed $549k–$3.6M; Series A $4.2M–$21M
  • Lead/follow: 59% lead, 41% follow

Portfolio highlights

  • Akina — Akina is developing the future of gamified digital healthcare to benefit individuals with chronic diseases around the world.
  • BioThrust — Our Bionic Bioreactors are the first ever solution to controllable & scalable cell therapy manufacturing and stem cell-based biomanufacturing.
  • Collie — Discover how Collie helps farmers achieve higher grass yields, increased milk production, and reduced labor. Manage your pastures easily with our innovative app.
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IFB Innovationsstarter
VC Fund · Hamburg, Hamburg, Germany · 3 investments in Germany Enterprise Software startups

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

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Grant
  • Geography: Germany, United States

Investor stats

  • Total investments: 90
  • Round size: Seed $365k–$3M; Grant $79k–$177k
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • mo:re GmbH — We offer standardized tissue cultures and protocols to better predict drug responses and investigate disease models.
  • Atrya — Atrya develops regulatory-compliant blockchain payments for international companies.
  • DEALCIRCLE — DealCircle is a digital M&A solution and partner of hundreds of M&A advisors. We support in identifying buyers and addressing the market. This provides investors access to a comprehensive deal flow of relevant projects.
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KfW
VC Fund · Frankfurt, Hessen, Germany · 3 investments in Germany Enterprise Software startups, 7 in the past 12 months

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, United Kingdom

Investor stats

  • Total investments: 160
  • Round size: Series A $2.2M–$7.7M; Series B $3.3M–$17M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Andercore — Andercore connects global suppliers and local buyers on one AI-driven platform, automating inventory selection, pricing, quotes, financing and global distribution at scale.
  • AtlasEdge — Empowering a sustainable digital society by enabling infrastructure where it is needed.
  • Quantum Systems — Our vision is to become the global leader in providing aerial data for decision making by the use of our drones.
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Redstone.VC
VC Fund · Berlin, Berlin, Germany · 3 investments in Germany Enterprise Software startups, 24 in the past 12 months

The Redstone team is an international and diverse group of serial entrepreneurs, investors, investment professionals, tech analysts and data scientists.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, Finland, Switzerland

Investor stats

  • Total investments: 177
  • Round size: Seed $460k–$8M; Pre-Seed $1M–$4.4M; Series A $1.6M–$17M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $57M in 2023

Portfolio highlights

  • Nomerra — The AI Coworker in Private Market Operations
  • LimX Dynamics — Zhuji Dynamics is a general-purpose footed robot company that focuses on the R&D and manufacturing of sports intelligence and footed robots
  • Zhuji Dynamics — Zhuji Dynamics is a general-purpose footed robot company that focuses on the R&D and manufacturing of sports intelligence and footed robots
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WENVEST Capital
VC Fund · Munich, Bayern, Germany · 3 investments in Germany Enterprise Software startups

WENVEST CAPITAL is a Munich-based early-stage venture capital firm focused on B2B software.

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Investment focus

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

Investor stats

  • Total investments: 45
  • Round size: Seed $1.2M–$8.4M; Series A $2.4M–$17M; Series B $9.1M–$23M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Circula — Designed with European tax standards in mind, the mobile and web app support your individualized expense invoicing process in real time, helping to create a seamless and straightforward experience for road warriors, accountants and managers alike.
  • LawX — LawX is a legal technology company providing solutions to streamline legal processes and improve efficiency for law firms.
  • Penzilla — At Penzilla, we believe it's time to make corporate pension provision the way it really should be - simple. That's why we offer a solution that helps everyone get the maximum benefit from corporate pension options. Most importantly, we enable every employer to achieve true corporate social responsibility with 100% compliance and everyemployee to receive a fair pension. This is how corporate pension provision works with Penzilla: Let's "Simply Provision" together.
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Enterprise Software Investor funding in Germany at a glance

Stats across 451 deals from 608 investors.

608
investors
in Germany Enterprise Software startups
451
deals
in Germany Enterprise Software startups
$3.7M
median round
in Germany Enterprise Software startups
36%
lead investors
lead at least one round
30%
Seed
most common funding stage
72/28
VC / Angel
share of investor count

Access all 608 investors in Germany Enterprise Software startups.

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