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Top 50 Medical Device Startup Investors in Germany (June 2026)

The most active venture capital funds and angel investors investing in Germany Medical Device startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Germany Medical Device 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
23 Germany, Switzerland, United States Seed, Series A Software, Biotechnology, Information Technology $994k–$40M
Bayern Kapital
VC Fund
10 Germany, United States, Finland Seed, Series A Software, Health Care, Information Technology $1.1M–$31M
KfW
VC Fund
7 Germany, India, Spain Series A, Series B Biotechnology, Software, Health Care $2.2M–$17M
bm-t beteiligungsmanagement thuringen
VC Fund
7 Germany, United States Seed, Series A Software, Information Technology, Health Care $461k–$18M
TGFS - Technologiegründerfonds Sachsen
VC Fund
7 Germany, United States Seed, Series A Software, Information Technology, Manufacturing $932k–$15M
NRW.BANK
VC Fund
7 Germany, United States, France Seed, Series A, Series B Information Technology, Software, Biotechnology $219k–$71M
bmp Ventures
VC Fund
5 Germany, United States, Austria Seed, Series A Software, Information Technology, Manufacturing $30k–$5.9M
MIG Capital
VC Fund
5 Germany, France, Austria Series A, Series B Biotechnology, Health Care, Therapeutics $1.6M–$54M
Brandenburg Kapital
VC Fund
5 Germany, United Kingdom Seed, Series A Software, Information Technology, Health Care $823k–$14M
Expon Capital
VC Fund
4 Luxembourg, France, United States Seed, Series A, Series B Software, E-Commerce, Financial Services $635k–$54M
IFB Innovationsstarter
VC Fund
3 Germany, United States Seed, Grant Software, SaaS, Artificial Intelligence $80k–$3M
Sparrow Ventures
VC Fund
3 Switzerland, Finland, Germany Series A, Seed Health Care, Real Estate, Medical Device $3.3M–$8.2M
S-Venture Capital Dortmund
VC Fund
3 Germany Series B, Series A Biotechnology, Guides, Genetics $3.6M–$9M
Hevella Capital
VC Fund
3 Germany, Canada, Austria Seed, Series A FinTech, Software, E-Commerce $2.2M–$7.4M
HealthCap
VC Fund
3 United States, Sweden, France Series B, Series A Biotechnology, Health Care, Medical $5.7M–$88M
Think.Health
VC Fund
3 Germany, United States, France Seed, Series A, Series B Health Care, Biotechnology, Medical Device $1.1M–$28M
SOSV
VC Fund
3 United States, India, United Kingdom Seed, Convertible Note, Pre-Seed Biotechnology, Health Care, Software
11k Ventures
VC Fund
3 Germany, United States Seed, Pre-Seed, Convertible Note Health Care, Medical Device, Artificial Intelligence $637k–$3M
MassMutual Ventures
VC Fund
3 United States, India, Singapore Series A, Series B, Seed Software, Financial Services, Information Technology $2.5M–$40M
Born2Grow
VC Fund
3 Germany, Finland, United States Seed, Series A, Series B Software, Medical, Health Care $1.1M–$3.3M
Playground Global
VC Fund
3 United States, Canada, Italy Series A, Series B, Seed Software, Robotics, Biotechnology $2.2M–$153M
Heal Capital
VC Fund
3 Germany, United Kingdom, France Seed, Series A, Pre-Seed Health Care, Artificial Intelligence, Machine Learning $1M–$33M
Sofinnova Partners
VC Fund
3 France, United States, United Kingdom Series A, Series B, Series C Biotechnology, Health Care, Medical $6M–$120M
BayBG Venture Capital
VC Fund
2 Germany, Italy, United States Series A, Series B Software, Information Technology, Health Care $428k–$23M
Seed Fonds Aachen
VC Fund
2 Germany Seed, Series A Biotechnology, Medical, Health Care $2.2M–$6M
Wellington Partners
VC Fund
2 Germany, United States, United Kingdom Series A, Series B Health Care, Biotechnology, Medical
b2venture
VC Fund
2 Germany, Switzerland, United Kingdom Series A, Seed, Series B Software, Health Care, Information Technology $1.3M–$52M
The TQ Group
VC Fund
2 Germany Seed, Series A, Series B Sports, Hardware, Robotics
Bertelsmann Investments
VC Fund
2 Germany, United States, Israel Series A, Seed, Series B Health Care, Medical, Artificial Intelligence $3M–$33M
Asabys Partners
VC Fund
2 Spain, France, Belgium Series A, Series B, Seed Health Care, Biotechnology, Medical Device $1.2M–$135M
IBG Beteiligungsgesellschaft Sachsen-Anhalt
VC Fund
2 Germany, Austria Seed, Series A Software, Electronics, Manufacturing $1.3M–$5.9M
Winning Mindset Ventures
VC Fund
2 Germany Series A Medical, Software, Consulting $13M–$13M
Boehringer Ingelheim Venture Fund
VC Fund
2 United States, Germany, Switzerland Series A, Series B, Seed Biotechnology, Health Care, Therapeutics $1.3M–$50M
AQAL Integral Investing
VC Fund
2 Germany, United States Seed, Pre-Seed Health Care, Medical Device, Medical
Sparkasse Jena
VC Fund
2 Germany, United States Seed, Series A, Series C Medical, Health Care, Shopping
M-Invest
VC Fund
2 Germany Series A Medical Device, Medical, Software
ES KAPITAL
VC Fund
2 Germany Seed, Pre-Seed, Series A Software, EdTech, Medical $814k–$30M
Lauder Partners
VC Fund
2 United States, United Kingdom, China Series B, Seed Software, Internet, Health Care $300k–$50M
YZR Capital
VC Fund
2 Germany, Poland, United Kingdom Seed, Pre-Seed, Series A Health Care, Medical, Software $764k–$48M
Atlantic
VC Fund
2 Germany, Switzerland, United States Seed, Series A, Pre-Seed Software, Health Care, Financial Services $850k–$32M
Carma Fund
VC Fund
2 Germany, France, Sweden Seed, Series A, Series B Health Care, Biotechnology, Medical Device $2.7M–$62M
APEX Ventures
VC Fund
2 Germany, United Kingdom, Austria Seed, Series A, Pre-Seed Artificial Intelligence, Software, Health Care $511k–$28M
Green Park & Golf Ventures
VC Fund
2 United States, Israel, Sweden Series A, Seed, Series B Health Care, Medical, Biotechnology $420k–$45M
TechVision Fund
VC Fund
2 Germany, Spain Seed, Series A, Pre-Seed Software, Health Care, Manufacturing $3M–$28M
TruVenturo
VC Fund
2 Germany, United States, Spain Seed, Series A Travel, Tourism, Software $1.1M–$26M
Entrée Capital
VC Fund
2 United States, Israel, United Kingdom Seed, Series A, Series B Software, FinTech, Financial Services $1.4M–$55M
DocCheck Guano AG
VC Fund
2 Germany, Spain, The Netherlands Seed, Pre-Seed Health Care, Medical, Mobile Apps
American RENOLIT Corporation
VC Fund
2 Germany Series A Health Care, Medical Device, 3D Printing
Start-up BW Innovation Fonds
VC Fund
1 Germany Seed, Pre-Seed, Series A Software, B2B, Health Care
Carsten Maschmeyer
Angel
1 Germany, Austria, Switzerland Seed, Angel, Series A Software, Information Technology, Artificial Intelligence $99k–$29M
Access all 294 investors in Germany Medical Device 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 · 23 investments in Germany Medical Device 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
  • Geography: Germany, Switzerland, United States

Investor stats

  • Total investments: 557
  • Round size: Seed $994k–$7.4M; Series A $3M–$40M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — raised $522M in 2022

Portfolio highlights

  • QphoX — QphoX builds quantum modem device, connecting quantum computers across a quantum network.
  • Zimory — Founded in 2007, Zimory provides carrier-grade cloud infrastructure management software that allows service providers, enterprises and cloud brokers to fully leverage the power and elasticity of cloud computing. Zimory’s intelligent Cloud Suite simplifies, automates and expedites the creation, launch and management of all types of cloudenvironments – whether public, private, virtual private or hybrid. Zimory software is also a key enabler of cloud marketplaces for enterprise services, applications and infrastructure. Headquartered in Berlin, Zimory has development centers in Erfurt, Germany and Minsk, Belarus, a subsidiary office in New York City and is expanding its expertise and presence globally.
  • BlueID GmbH — Smart locks for professionals. BlueID delivers flexible, secure and convenient smart locks for all doors in and around your office.
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Bayern Kapital
VC Fund · Landshut, Bayern, Germany · 10 investments in Germany Medical Device 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, Information Technology
  • Stage:Seed, Series A
  • Geography: Germany, United States, Finland

Investor stats

  • Total investments: 235
  • Round size: Seed $1.1M–$5.9M; Series A $3.9M–$31M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — raised $26M in 2010

Portfolio highlights

  • CatalYm — Catalym develops antibodies against a placental factor which is overexpressed by various tumour types.
  • XO Life — XO Life is to build the largest real-world evidence platform for patient insights for all medications and therapies. Together with one of Europe's leading research institutes for patient-centered research, the PROMIS Institute Germany of the Charité, and various pharmaceutical manufacturers, patient experiences are to be recorded in astandardized and systematic manner across a wide range of diseases. Patients are to be enabled to record their therapy course and outcome independently as well as scientifically validated so that these patient insights from real treatment practice can be used in the life science industry and by medical professions.
  • ProGlove — ProGlove makes award-winning wearable wireless barcode scanners using BLE or RF technology for ergonomic and efficient hands-free workflows.
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KfW
VC Fund · Frankfurt, Hessen, Germany · 7 investments in Germany Medical Device startups

KfW gives impetus to economic, social and ecological development worldwide. As a promotional bank under the ownership of the Federal Republic and the Länder (federal states), it offers support to encourage sustainable improvement in economic, social, ecological living and business conditions, among others in the areas of small and medium-sizedenterprise, entrepreneurialship, environmental protection, housing, infrastructure, education finance, project and export finance, and development cooperation.

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Investment focus

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

Investor stats

  • Total investments: 143
  • Round size: Series A $2.2M–$7.7M; Series B $3.3M–$17M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • GermanSubCo — Vulcan Energie Ressourcen GmbH ("GermanSubCo") is the primary German holding subsidiary of Vulcan Energy Resources. It focused on lithium extraction combined with geothermal renewable energy production in the Upper Rhine Valley.
  • Power Finance Corporation — Power Finance provides financial products and related advisory, and other services to the power sector in India. It offers fund based financial policies/products, including asset acquisition; bridge, corporate, short term, and rupee and foreign currency term loans; short term loan for SPV; buyer’s line of credit; and credit facility forpurchase of power. Power Finance's fund based financial policies/products also include debt refinancing; energy saving projects; fuel supply projects and equipment manufacturers financing; grants/interest free loans for studies/consultancies; lease financing for wind power projects and purchase of equipment; line of credit for import of coal; takeout financing; and solar PV policy to private sector. Its non-fund based products comprise guarantee, guarantee for credit enhancement, and letter of comfort. Power Finance also provides consultancy services in the areas of procurement of power by distribution licensees; renewable and non-conventional energy schemes; selection of developers for coal blocks; selection of EPC contractors; reform, restructuring, and regulatory aspects; capacity building and human resource development; and execution of ultra-mega power projects, and independent transmission projects. It serves state electricity boards, state power utilities, central power sector utilities, power departments, equipment manufacturers, private power sector utilities, joint sector power utilities, and other state departments engaged in the development of power projects. Power Finance began operation in 1986. It has its headquarters in New Delhi in India.
  • Grenergy Renovables — Entwicklung von Photovoltaik und Speicher Projekten und Speicher Projekten mit Grenergy. Willkommen bei Grenergy
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bm-t beteiligungsmanagement thuringen
VC Fund · Erfurt, Thuringen, Germany · 7 investments in Germany Medical Device startups

bm|t supports innovative and growth-oriented companies in Thuringia with equity investments and venture capital.

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Investment focus

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

Investor stats

  • Total investments: 63
  • Round size: Seed $461k–$7M; Series A $1.1M–$18M
  • Lead/follow: 62% lead, 38% follow

Portfolio highlights

  • Altavo — Altavo operates as a medical device startup. Altavo harness the power of machine learning and state-of-the-art sensor technology to improve the lives of people who have lost their voice.
  • Leapter — Leapter is the trust engine for AI agents. Build logic tools for AI Agents and de-risk your AI workflows with visual, executable blueprints for deterministic decisions.
  • Influnate — Influnate is a tool that allows you to send and receive money via social media. Influnate enables users in social networks to “send and receive money easily, securely and quickly”. This can be done with a comment, a link, or via the Influnate web application. “Redirects to paid websites are a thing of the past,” said the startup.
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TGFS - Technologiegründerfonds Sachsen
VC Fund · Leipzig, Sachsen, Germany · 7 investments in Germany Medical Device 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, Manufacturing
  • Stage:Seed, Series A
  • Geography: Germany, United States

Investor stats

  • Total investments: 149
  • Round size: Seed $932k–$4.8M; Series A $1.9M–$15M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • In.hub — in.hub is a specialist in condition monitoring of machines, processes, and products, offering digitalisation options in the industrial environment. It connects legacy and modern systems, creates condition monitoring systems, and generates information for optimal planning and control.
  • Packwise — Packwise is bringing Intermediate Bulk Containers (IBCs) to the Internet of Things. Their Packwise Smart Cap makes a container intelligent and allows for improved and automated packaging management and logistics. Millions of IBCs are being used by chemical, pharmaceutical and food companies every day. Their Packwise Smart Cap is narrow-band LPWANconnected and provides users with real-time information on the state and location of containers.Packwise develops ready-to-use web applications and can be integrated with existing in-house IT or software through web service API.Packwise GmbH is a German company based in the Silicon Saxony. Packwise is Europe’s pioneer in digital industrial packaging management (IBCs and drums).
  • HandsOn Robotics
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NRW.BANK
VC Fund · Düsseldorf, Nordrhein-Westfalen, Germany · 7 investments in Germany Medical Device startups

NRW.BANK is the development bank for the state of North Rhine-Westphalia. It supports its owner – the state of North Rhine-Westphalia – in fulfilling its tasks, notably in the fields of structural, economic, social and housing policy. NRW.BANK pools the promotion and development programmes of the state of North Rhine-Westphalia, the FederalRepublic of Germany and the European Union and combines them with its own equity and debt products and advisory services. It offers the full range of financial products in three areas “Economy”, “Housing”, and “Infrastructure/Municipalities”. NRW.BANK operates in a competitively neutral manner as a partner of banks and savings banks.

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Investment focus

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

Investor stats

  • Total investments: 127
  • Round size: Seed $219k–$7.7M; Series A $3.8M–$33M; Series B $3.8M–$71M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • OMMM — OMMM Operations Management Solutions is a software house that specializes in the digitization and automation of industrial planning.
  • Cellbox Solutions — Cellbox Solutions is a young technology company that focuses on innovative logistic solutions for the global BioMed industry.
  • Emergence Therapeutics — Emergence Therapeutics is a European biopharmaceutical company developing novel antibody-drug conjugates (ADC) to treat high-need cancers. Its lead program combines a highly specific antibody with optimized linker and payload technology to target Nectin-4 – an important target for a broad range of cancers which has been clinically validated as anADC target by enfortumab vedotin, now approved for the treatment of urothelial cancers by the US Food and Drug Administration. Emergence is also actively exploring opportunities to develop further first- or best-in-class ADCs driven by therapeutic need.
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bmp Ventures
VC Fund · Berlin, Berlin, Germany · 5 investments in Germany Medical Device startups, 8 in the past 12 months

bmp Ventures is an innovative Venture Capital Company from Berlin. Since 1997 we’ve been investing Smart Money in Early Stage and Growth Startups. We finance ingenious business models with outstanding teams, who build fast-growing and sustainably profitable enterprises.

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Investment focus

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

Investor stats

  • Total investments: 119
  • Round size: Seed $151k–$3.8M; Series A $30k–$5.9M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Sedivention — Fight obesity within 20 minutes - fast, effective, long-term. A new weight-loss therapy for the treatment of obesity. Just a view minutes will change your life.
  • Solar Materials — SOLAR MATERIALS developed a recycling technology for solar modules, which recovers all raw materials for a circular solar industry.
  • Litherm Technologies — Litherm Technologies GmbH is a German deep‑tech startup focused on decarbonizing lime and cement production using fully electric kiln technology.
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MIG Capital
VC Fund · München, Bayern, Germany · 5 investments in Germany Medical Device startups

MIG Capital is one of the leading German VC Investors. We invest in European Deep Tech and Life Sciences from early to late stage (Seed, Series A, and beyond). We use investments to shape a better tomorrow, today. Our team currently manages 17 MIG public venture capital funds regulated by BaFin, the German financial markets authority. These fundsoperate with more than EUR 1.2 billion capital committed by >60,000 private investors across Germany and Austria.Today, our portfolio consists of 30 companies.

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Investment focus

  • Industry: Biotechnology, Health Care, Therapeutics
  • Stage:Series A, Series B
  • Geography: Germany, France, Austria

Investor stats

  • Total investments: 96
  • Round size: Series A $2.2M–$40M; Series B $1.6M–$54M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: May invest from a new fund soon — raised $70M in 2014

Portfolio highlights

  • NcodiN — The High Performance Computing (HPC) and ArtificiaI Intelligence (AI) era requires unprecedented computing capabilities. With this in view, industry is heading towards zettascale supercomputers, based on >100k processing units. Chiplets-based disaggregated processors and memory-centric computing architectures are taking over and require an ever more intensive communication between dies. Thus, today interconnect bottleneck is the main
  • GlassPoint Solar — GlassPoint provides solar steam generators to the oil and gas industry for applications such as Enhanced Oil Recovery. It replaces gas-fired steam generation with solar, GlassPoint can reduce EOR gas consumption by up to 80 percent. The company was founded in 2008 and headquartered in Fremont, California.
  • Zadient Technologies — Zadient produces semiconductor manufacturing materials that are critical for the entire silicon carbide (SiC) value chain
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Brandenburg Kapital
VC Fund · Potsdam, Brandenburg, Germany · 5 investments in Germany Medical Device startups

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

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Investment focus

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

Investor stats

  • Total investments: 74
  • Round size: Seed $823k–$6.1M; Series A $2.7M–$14M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Seqstant — Seqstant offers the LiveGene platform for real-time pathogen analysis, allowing for sensitive, specific, and user-friendly real-time genetic diagnostics.
  • k2-mobility — Operators of heavy vehicle fleets are facing one of the most significant transformational challenges by switching to electric vehicles. The additional time for battery charging, the limited vehicle range as well as diligent planning of energy consumption need to be dynamically integrated and accounted for in their daily operations. K2Mobility's software PANION has a real-time connection to the transport and tour plans, to the vehicles, the chargers and the grid and is planning and optimizing charging for operational excellence, energy cost and Total Cost of Ownership.
  • Captain T Cell — Captain T Cell is a start-up project that develops T cell-based immunotherapies for cancer patients. The company identifies novel high-efficiency TCRs for the development of T cell immunotherapies. It focuses on CMC- and preclinical development for their lead candidates.
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Expon Capital
VC Fund · Luxembourg, Luxembourg, Luxembourg · 4 investments in Germany Medical Device startups

Global investor in big ideas with the potential for positive impact & exponential growth

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Investment focus

  • Industry: Software, E-Commerce, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: Luxembourg, France, United States

Investor stats

  • Total investments: 70
  • Round size: Seed $635k–$5M; Series A $2.3M–$27M; Series B $16M–$54M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Dott — We believe in a future where cities are pollution-free and designed for people, not cars.
  • Coinhouse — Buy Bitcoin, Ethereum and Litecoin on Coinhouse, consult our educational content or visit our physical space, Coinhouse Store. Invest in the future, today.
  • nexten.io — nexten.io is the ideal platform for Tech profiles and Developers looking for Remote IT Jobs or IT Jobs in France. Create your Anonymous Profile in minutes; after accepting their requests, CTOs and team leaders of the best tech companies will send opportunities for your next dream job!
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Access 48,091 investors

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

Browse database — It's Free!
IFB Innovationsstarter
VC Fund · Hamburg, Hamburg, Germany · 3 investments in Germany Medical Device 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: 81
  • Round size: Seed $658k–$3M; Grant $80k–$165k
  • Lead/follow: 38% lead, 62% 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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Sparrow Ventures
VC Fund · Zürich, Zurich, Switzerland · 3 investments in Germany Medical Device startups

We are a Zurich-based Venture Builder and Growth Equity Investor. With our ambitious team of highly customer-focused entrepreneurs, we are committed to putting our expertise to work and strive to make an impact.

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Investment focus

  • Industry: Health Care, Real Estate, Medical Device
  • Stage:Series A, Seed
  • Geography: Switzerland, Finland, Germany

Investor stats

  • Total investments: 13
  • Round size: Seed $6.1M–$7M; Series A $3.3M–$8.2M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • properti — "building the world's greatest real estate company"Properti is a modern, young and pioneering PropTech startup founded in November 2019. Through our unique Properti System, which combines the latest technologies, in-depth expertise and world-class marketing, we provide an exclusive service. Our mission is to change the real estateindustry sustainably with the symbiosis of technology and people to build trustworthiness and transparency. Our goal is to offer customers a full service around the housing ecosystem.
  • HelloBetter — HelloBetter (hellobetter.de) was founded in 2015 under the name GET.ON Institut für Online Gesundheitstrainings GmbH (geton-institut.de) by internationally renowned research psychologists, and in close partnership with one of the largest public health care insurance companies in Germany (BARMER). HelloBetter is a pioneer in the field of e-mentalhealth and a leading provider of online mental health courses. Its work has a strong scientific basis – the courses were developed, evaluated, and implemented in a practice setting, and their effectiveness has been proven in 33 randomized controlled trials according to the highest standards of scientific practice. HelloBetter offers the widest range of evidence-based online mental health courses worldwide, with 11 digital courses covering 8 problem areas (stress, depression, insomnia, depression in the case of chronic illness, chronic pain, alcohol consumption, excessive worry, and panic and anxiety).In October 2021, the digital therapeutic 'HelloBetter Stress and Burnout' has been permanently approved by the German Federal Institute for Drugs and Medical Devices (BfArM) as a Digital Health Application (DiGA) and thus is available by prescription free of charge for more than 50 million adults. It is the world’s first and so far only prescription digital therapeutic for the treatment of burnout symptoms.Through diverse cooperations with national and international research groups (including FAU Erlangen, University of Ulm, VU Amsterdam, and Harvard University) HelloBetter finds practical applications for the latest research innovations. Our products and our team have been awarded numerous national and international prizes. These include the Novartis & Sandoz/Hexal Digital Health Prize 2018, the Comenius Award of the European Federation of Psychologists’ Association, and the Good Practice in Mental Health & Wellbeing seal of approval as part of the EU Compass 2018, which recognises high-quality mental health initiatives in Europe in order to guide health care providers to effective and proven services.
  • Selma Finance — With Selma you will get an investment plan that fits to your life and goals. Get started in minutes and let your money work for you.
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S-Venture Capital Dortmund
VC Fund · Deutsch, Sachsen, Germany · 3 investments in Germany Medical Device startups

S-Venture Capital Dortmund aims to fund technology companies and is a German regional investment group.

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Investment focus

  • Industry: Biotechnology, Guides, Genetics
  • Stage:Series B, Series A
  • Geography: Germany

Investor stats

  • Total investments: 9
  • Round size: Series B $3.6M–$9M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Innolume — Innolume has invented a novel comb laser light engine for short-reach optical interconnects between and within computers. Economical wavelength-division multiplexing (WDM) is enabled by this class of low-cost, low-power Fabry-Perot lasers. WDM, familiar from telecom, provides an efficient alternative to multiple lasers and underutilized parallelfiber/waveguides, reducing short-reach system cost and power.
  • Protagen — Protagen is a precision medicine specialist that support drug development, facilitate treatment strategies and improve patient management. Protagen is at the forefront of immuno-profiling and the discovery of novel autoantibody signatures for autoimmune disease and immuno-oncology. Protagen’s SeroTag® technology identifies biomarkers that address anumber of challenges currently hindering the successful development and broader application of both cancer immunotherapies and novel treatments for autoimmune diseases.The company is a leader in patient stratification for autoimmune disease, having developed disease-specific NavigAID stratification panels that profile individual patient’s autoimmune condition and immune status. This precision medicine approach allows for the development and implementation of more targeted therapies for diseases such as systemic lupus erythematosus (SLE), systemic sclerosis (SSc), rheumatoid arthritis (RA), Sjögren’s syndrome (SjS) and others.
  • Scienion — SCIENION AG is a life science company well positioned in the markets of ultra-low volume liquid handling systems and microarray technologies. They provide their customers with an integrated product portfolio facilitating and improving multiparallel bioanalytics, high throughput screening and high throughput production of microarrays in the genomicsand proteomics fields – from early research to manufacturing.
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Hevella Capital
VC Fund · Hamburg, Hamburg, Germany · 3 investments in Germany Medical Device startups

Hevella Capital is a principal investment firm.

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Investment focus

  • Industry: FinTech, Software, E-Commerce
  • Stage:Seed, Series A
  • Geography: Germany, Canada, Austria

Investor stats

  • Total investments: 22
  • Round size: Seed $2.2M–$3.8M; Series A $3.7M–$7.4M
  • Lead/follow: 55% lead, 45% follow

Portfolio highlights

  • fulfin — Beantragen Sie Ihre Finanzierung jetzt und wachsen Sie mit Fulfin!
  • HelloBetter — HelloBetter (hellobetter.de) was founded in 2015 under the name GET.ON Institut für Online Gesundheitstrainings GmbH (geton-institut.de) by internationally renowned research psychologists, and in close partnership with one of the largest public health care insurance companies in Germany (BARMER). HelloBetter is a pioneer in the field of e-mentalhealth and a leading provider of online mental health courses. Its work has a strong scientific basis – the courses were developed, evaluated, and implemented in a practice setting, and their effectiveness has been proven in 33 randomized controlled trials according to the highest standards of scientific practice. HelloBetter offers the widest range of evidence-based online mental health courses worldwide, with 11 digital courses covering 8 problem areas (stress, depression, insomnia, depression in the case of chronic illness, chronic pain, alcohol consumption, excessive worry, and panic and anxiety).In October 2021, the digital therapeutic 'HelloBetter Stress and Burnout' has been permanently approved by the German Federal Institute for Drugs and Medical Devices (BfArM) as a Digital Health Application (DiGA) and thus is available by prescription free of charge for more than 50 million adults. It is the world’s first and so far only prescription digital therapeutic for the treatment of burnout symptoms.Through diverse cooperations with national and international research groups (including FAU Erlangen, University of Ulm, VU Amsterdam, and Harvard University) HelloBetter finds practical applications for the latest research innovations. Our products and our team have been awarded numerous national and international prizes. These include the Novartis & Sandoz/Hexal Digital Health Prize 2018, the Comenius Award of the European Federation of Psychologists’ Association, and the Good Practice in Mental Health & Wellbeing seal of approval as part of the EU Compass 2018, which recognises high-quality mental health initiatives in Europe in order to guide health care providers to effective and proven services.
  • ChargeX — ChargeX provides electric car charging solutions. Tobias Wagner, Michael Masnitza, and Johannes Engeln founded it in 2017, with its headquarters in Munich in Germany.
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HealthCap
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Germany Medical Device startups

HealthCap, a life science investor and company creator. Our motivation is to find innovative ideas and invest that could impact healthcare and society.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series B, Series A
  • Geography: United States, Sweden, France

Investor stats

  • Total investments: 126
  • Round size: Series A $5.7M–$55M; Series B $12M–$88M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — raised $209M in 2019

Portfolio highlights

  • Positrigo — NeuroLF is an ultra-compact brain Positron Emission Tomography system. Our technology makes functional imaging accessible for people worldwide.
  • Gesynta Pharma — Founded in 2017, Gesynta Pharma bases its R&D on research from the Karolinska Institutet. The most advanced drug candidate, GS-248, reduces inflammation and increases blood flow in the microvasculature, thereby having the potential to provide improved treatments for several serious diseases. In an ongoing clinical proof-of-concept study,GS-248 is being evaluated for its capacity to normalize vascular blood flow and reduce pain in patients with the autoimmune disease systemic sclerosis. Positive results from this study may lead to a rapid broadening of the development program towards additional indications, for example cardiovascular diseases and rheumatic diseases other than systemic sclerosis. Major shareholders include Industrifonden, Linc, Hadean Ventures, and a number of successful life science entrepreneurs. For more information, please visit www.gesynta.se
  • Tribune Therapeutics — Tribune Therapeutics is a preclinical biopharmaceutical company building a promising pipeline of novel medicines to treat patients with a wide range of fibrotic diseases. It was founded in 2020 with funding from HealthCap and Novo Seeds.
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Think.Health
VC Fund · Fürstenfeldbruck, Bayern, Germany · 3 investments in Germany Medical Device startups

Think.Health invests as a boutique risk-taker in healthcare ventures. We continuously seek innovations and disruptive business models in digital healthcare, medical technologies and health service providers,

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Investment focus

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

Investor stats

  • Total investments: 34
  • Round size: Seed $1.1M–$8.7M; Series A $3.6M–$28M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Robeaute — Redesigning the future of neurosurgery by creating the new standard device that will provide surgeons with seamless access to delicate areas of the brain parenchyma and with real-time data.
  • Inflammatix — Inflammatix develops rapid point of care diagnostic tests by reading the immune system, and resolves major clinical health challenges.
  • Sphingotec GmbH — Improving patient outcomes with innovative diagnostics for critical care: Actionable insights in real-time
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SOSV
VC Fund · Princeton, New Jersey, United States · 3 investments in Germany Medical Device startups, 75 in the past 12 months

SOSV is a global, deep tech venture capital firm that operates the HAX and IndieBio startup development programs focused on human and planetary health. SOSV invests $500,000 in startups at their inception as they onboard either HAX or IndieBio for a 4-6 month period designed to accelerate the raise of their next institutional round. SOSV joins thelater rounds of HAX and IndieBio graduates. HAX, based in a 35,000 sq ft facility in Newark, NJ, is equipped with machine tools, 3D printers, chemical, electrical and mechanical engineering labs, as well as on-staff engineering and design experts. SOSV's IndieBio has locations in NYC and San Francisco, both of which offer extensive services and facilities to founders including on-site BSL-2 labs, well equipped lab benches and hoods, and advanced lab equipment, such as chromatography equipment.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Seed, Convertible Note, Pre-Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 1482
  • Lead/follow: no public data

Portfolio highlights

  • MixRift — MIXRIFT - game developers specialized in Mixed Reality
  • unspun — From 3D scan to perfect fitting custom jeans. unspun makes each pair of jeans unique to your actual body and design. On a mission to reduce global carbon emissions by 1%. As seen in Fast Company's World Changing Ideas, Time's Best Inventions, and PopSci's Best of What's New. Welcome to the future of apparel.
  • Mesa Quantum — Unlock the potential of chip-scale quantum sensing for enhanced Position, Navigation, And Timing capabilities. Explore Mesa Quantum's practical solutions.
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11k Ventures
VC Fund · Hamburg, Hamburg, Germany · 3 investments in Germany Medical Device startups

We are a business angel collective based in Germany. We help early-stage startups that want to make a difference by preservation and improvement of human health.

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Investment focus

  • Industry: Health Care, Medical Device, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Germany, United States

Investor stats

  • Total investments: 6
  • Round size: Seed $637k–$3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • DeepSpin — DeepSpin is developing a next-gen, AI-powered MRI machine at a fraction of the cost, size and weight of standard systems, allowing to bring MRI to the point-of-care.
  • Mindpeak — Harnessing the power of Artificial Intelligence and machine learning, Mindpeak products can help make pathology diagnosis faster and more accurate.
  • atmio — atmio helps natural gas operations to find, fix and report methane emissions easily.
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MassMutual Ventures
VC Fund · Boston, Massachusetts, United States · 3 investments in Germany Medical Device startups

MMV is a multistage, global venture capital firm investing in enterprise software, cybersecurity, financial technology, and digital health companies. We help accelerate the growth of the companies we partner with by providing capital, connections and advice.

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Investment focus

  • Industry: Software, Financial Services, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: United States, India, Singapore

Investor stats

  • Total investments: 146
  • Round size: Seed $2.5M–$9.3M; Series A $4.4M–$23M; Series B $7.5M–$40M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — raised $100M in 2022

Portfolio highlights

  • Zylo — You Have Questions About Your Software. We Give You Answers. Discover why Zylo is the leader in enterprise SaaS Management.
  • Knowify — Knowify helps trade contractors bid, manage, and invoice commercial and residential jobs on time and on budget, starting at $99/month.
  • Acorn Finance — Boost sales and win more jobs by offering fast, affordable financing through Acorn Finance. Simple setup, instant offers, and no dealer fees.
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Born2Grow
VC Fund · Heilbronn, Baden-Wurttemberg, Germany · 3 investments in Germany Medical Device startups

Born2Grow is a german venture fund focusing on early stage investments. They invest up to 500k€ in innovative business models. They are based in Heilbronn in Baden-Wuerttemberg. Born2Grow focus on investments lies within the MedTech, BioTech, FinTech area as well as some other online industries

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Investment focus

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

Investor stats

  • Total investments: 23
  • Round size: Seed $1.1M–$3.3M; Series A $3M–$3.3M; Series B $1.1M–$3.3M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Semorai — The SEMORAI Engineering AI Suite is your App Store for AI agents for reliable support in demanding mechanical engineering. Connect comprehensive engineering knowledge with your company know-how to accelerate your processes through AI to an unprecedented degree.
  • Doinstruct — Doinstruct offers mobile training solution for frontline workers.
  • traplinked — Digitale Fallensysteme - Endlich wissen, was los ist! Mit den traplinked Sensormodulen JERRY und TOM erhalten Sie in Echtzeit ein digitales Abbild Ihrer Kontrollpunkte.
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Playground Global
VC Fund · Palo Alto, California, United States · 3 investments in Germany Medical Device startups

Playground Global is an early-stage venture capital firm backing technical and scientific founders with deep engineering expertise, a collaborative environment, and a first-hand understanding of the intricacies of deep tech. Established in 2015 and headquartered in Palo Alto, CA, Playground’s mission is to transform ambitious ideas into impactfulbusinesses that benefit humanity and the planet. We invest in areas that span across next gen compute automation, energy transition and engineered biology. Playground has been an early – and frequently first investor – in companies that include PsiQuantum, Relativity Space, Ultima Genomics, MosaicML (acq. by Databricks), d-Matrix, and Strand Therapeutics.

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Investment focus

  • Industry: Software, Robotics, Biotechnology
  • Stage:Series A, Series B, Seed
  • Geography: United States, Canada, Italy

Investor stats

  • Total investments: 137
  • Round size: Seed $2.2M–$20M; Series A $7M–$35M; Series B $20M–$153M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely still investing — raised $410M in 2023

Portfolio highlights

  • Velo3D — Design, print and produce critical metal parts with Velo3D's advanced laser powder bed fusion technology. Trusted by aerospace, defense, and energy leaders.
  • Saltbox — Saltbox makes the hardest parts of running an ecommerce business simple. Explore our logistics and warehouse solutions growing eCommerce companies
  • Strand Therapeutics — Clinical-stage biotech developing breakthrough mRNA therapeutics with targeted delivery systems for solid tumors, autoimmune diseases, and blood cancers.
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Heal Capital
VC Fund · Berlin, Berlin, Germany · 3 investments in Germany Medical Device startups

Heal Capital is a European venture capital fund backing mission-driven founders with capital and HealthTech-specific expertise, accelerating market access.

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Investment focus

  • Industry: Health Care, Artificial Intelligence, Machine Learning
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, United Kingdom, France

Investor stats

  • Total investments: 39
  • Round size: Seed $1M–$9.5M; Pre-Seed $1.9M–$4M; Series A $9M–$33M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: May invest from a new fund soon — raised $102M in 2020

Portfolio highlights

  • Apheris — Superior drug discovery models through federated data networks
  • Entyre — Entyre's health care specialists consult home-staying patients and their relatives towards a better recovery.
  • Spotlight Medical — We create personalized clinical tests to optimize treatment selection for every patient on earth.
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Sofinnova Partners
VC Fund · Paris, Ile-de-France, France · 3 investments in Germany Medical Device startups

Sofinnova Partners is a leading European venture capital firm in life sciences, specializing in healthcare and sustainability. Based in Paris, London and Milan, the firm brings together a team of professionals from all over the world with strong scientific, medical and business expertise.

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Investment focus

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

Investor stats

  • Total investments: 309
  • Round size: Series A $6M–$67M; Series B $10M–$120M; Series C $12M–$100M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely still investing — raised $200M in 2023

Portfolio highlights

  • Elicit Plant — We work with farmers around the world to meet the challenges of climate change and the impact of water scarcity on field crops.
  • l'école — l'école AI is a computer vision-focused development platform. Its objective is to enable humans to use AI with purpose to change the future, beginning with a focus on speeding advances in life sciences using computer vision.
  • EndoRon Medical — Endoron Medical develops an endovascular suture, like a device for the effective treatment of an abdominal aortic aneurysm.
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BayBG Venture Capital
VC Fund · München, Bayern, Germany · 2 investments in Germany Medical Device startups

Innovative post-revenue startups with first customers trust us as highly reliable investors. We have been an active player in the venture capital market for over 25 years. Due to our evergreen approach, we offer institutional venture capital without the limitations of the usual fund structure. Predominantly we invest straight equity. Additionally,we can offer venture debt to mature startups close to break-even in order to avoid further dilution for founders. Being a private investment company we act as both lead investor or co-investor. We can also fulfill the private lead investor role for public investors like Bayern Kapital. Together we are increasing YOUR company's value.

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Investment focus

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

Investor stats

  • Total investments: 117
  • Round size: Series A $428k–$23M; Series B $732k–$21M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • EcoG — EcoG connects and enables monetizing charging infrastructure with an API-software platform. EcoG is the first cloud-based platform to enable shared revenue streams and value-added services in fast charging. With EcoG a personalized and customized EV fast charging experience is easy to implement and operate.
  • IDnow — IDnow provides advanced machine-learning technology for its Identity-as-a-Service platform that can verify identities in real time. The company's solutions guarantee legal security throughout Europe and the highest level of data security. The company provides a legally secure solution without additional hardware in the area of videoidentification of customers and electronic signatures.The company's offer is directed at all business customers who would like to provide customer identification and contract conclusion online, such as banks, telecommunications companies, Fintechs, etc. Its customer portfolio includes renowned firms such as Commerzbank, UBS, Sixt neuwagen, Telefónica, and N26.IDnow was founded on 2014 and is headquartered in Munich, Germany.
  • DRACOON GmbH — Every company faces the challenge of storing, managing and sharing data digitally and securely. With our highly secure and platform-independent enterprise file service, we offer our customers maximum flexibility - and at the same time a 100% GDPR-compliant solution. This gives the world back its sovereignty over its data. Our solution DRACOON isthe market leader in the field of enterprise filesharing in the German-speaking area. We live, act and develop according to the principle "Privacy by Design". Our service has already been named as a "Leader" by independent top analysts such as ISG. But also various certificates and seals such as ISO27001 and EuroPriSe rattest DRACOON’s highest security standards. With our service we integrate ourselves deeply into the company processes and thus deliver a maximum protected cocoon for your data - and every connected application. These companies already trust DRACOON: KfW, Rossmann, Helios Kliniken, Rödl & Partner, ElringKlinger, EbnerStolz, DATEV, Nürnberger Versicherung, Thyssen Steel, Deutsche Telekom, Hutchison, Bechtle and many more.
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Seed Fonds Aachen
VC Fund · Aachen, Nordrhein-Westfalen, Germany · 2 investments in Germany Medical Device startups

Seed Fonds has a strong competence network with national and international investors, business angels & expertes from the industry. They are specialized in the development of comprehensive financing models offering stability and development opportunities on the long term.

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Investment focus

  • Industry: Biotechnology, Medical, Health Care
  • Stage:Seed, Series A
  • Geography: Germany

Investor stats

  • Total investments: 8
  • Round size: Series A $2.2M–$6M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • miacosa — miacosa.de is operated by the Endorsed Goods GmbH. miacosa.de is a social shopping concept from Germany based in Cologne. Social Shopping the miacosa way means that members select their personal shopping team of experts and celebrities that present products they love on miacosa.de Miacosa is for members only. The free service starts with productsfrom the fields of Health Style, Home & Living, Kitchen and fashion accessories.
  • Hemovent — ​​​Based in Aachen, Germany, Hemovent is a privately held medical technology company that is developing a portable ECMO (Extra Corporeal Membrane Oxygenation) unit. Hemovent was founded by serial entrepreneur, Christof Lenz and Oliver Marseille, inventors of the company’s proprietary platform. It is the goal of the company to develop aninnovative solution, with precision and craftsmanship, that will aide patients with lung and heart function while allowing them to be mobile.
  • aquila biolabs — aquila biolabs is a German technology company focusing on the development of innovative laboratory devices for the analysis of shake-flask fermentations in biotechnological, chemical and pharmaceutical research and development.
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Wellington Partners
VC Fund · Munich, Bayern, Germany · 2 investments in Germany Medical Device startups, 7 in the past 12 months

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

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Investment focus

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

Investor stats

  • Total investments: 185
  • Lead/follow: no public data

Portfolio highlights

  • Aignostics — Aignostics is an AI-powered precision diagnostics focused on pathology to assist with drug development and clinical research. Its “explainable” AI overcomes the “black-box” limitations of conventional AI. Based on their patented technology for reverse-engineering the black box, they render diagnostic results explainable in the form of preciseheatmaps and image overlays. These heatmaps allow pathologists to quickly verify the results of the AI, which is crucial, as the pathologist is ultimately responsible for the diagnosis.The company was founded in 2018 and is headquartered in Berlin, Germany.
  • Sphingotec GmbH — Improving patient outcomes with innovative diagnostics for critical care: Actionable insights in real-time
  • CorFlow Therapeutics — CorFlow Therapeutics is a medtech startup that develops proprietary technologies for diagnosis and treatment of microvascular obstructions in heart attack patients. The CorFlow technologies enable interventional cardiologists to diagnose and treat MVO in severe heart attack patients thereby potentially reducing the short- and long-term complicationrates in these patients.
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b2venture
VC Fund · Saint Gallen, Sankt Gallen, Switzerland · 2 investments in Germany Medical Device startups

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: 230
  • Round size: Seed $1.3M–$9M; Series A $4M–$22M; Series B $8M–$52M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — raised $135M in 2021

Portfolio highlights

  • Ledgy — Digitize your cap table, automate equity plans and simplify compliance. Find out how leading companies use Ledgy to empower their employees and engage investors.
  • Ververica — Ververica is the company founded by the original creators of Apache Flink, enabling companies to run in real-time with Ververica Platform.
  • Seven Senders — Excellent international delivery is a competitive advantage. Connect with Seven Senders and benefit. Find out more now!
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The TQ Group
VC Fund · Seefeld, Bayern, Germany · 2 investments in Germany Medical Device startups

TQ Group is one of the leading technology companies in the electronics industry, offering a complete range of services

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Investment focus

  • Industry: Sports, Hardware, Robotics
  • Stage:Seed, Series A, Series B
  • Geography: Germany

Investor stats

  • Total investments: 7
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • enna — enna is the window to the digital world for people who have problems using smartphones or tablets
  • Mellow Boards — Mellow Boards designs and manufactures electric drive system that could fit on skateboards. Unlike all other offers on the market, within minutes Mellow can pimp your favorite board into a high-quality e-board with a top speed of 40km/h ( 25mph).The product was launch in Kickstarter and reached a funding of more than 100 thousand Euros.Founded in 2015, Mellow is based in Hamburg, Germany.
  • Reactive Robotics — Reactive Robotics was founded as a GmbH in Munich, Germany, in April 2015. Their team has a combined 12 years of rehabilitation robotics research, vast startup experience and a large clinical network to bring this device to life. They are proud to feature an excellent array of supporters that provide advice on every level required for thesuccessful start-up of a medical technology company. Confirmed advisors provide access to patients, support them in engineering, on legal issues and when dealing with the details of registering a medical device with the authorities.
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Bertelsmann Investments
VC Fund · Gütersloh, Nordrhein-Westfalen, Germany · 2 investments in Germany Medical Device startups

The Bertelsmann Investments division pools Bertelsmann's holdings in startups around the world.

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Investment focus

  • Industry: Health Care, Medical, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: Germany, United States, Israel

Investor stats

  • Total investments: 17
  • Round size: Seed $3M–$6.3M; Series A $10M–$20M; Series B $7.2M–$33M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • AppLike — AppLike develops apps for all mobile devices and provides mobile advertising, app recommendation, and innovative B2B solutions. The company was founded in 2015 and is headquartered in Hamburg, Germany.
  • Teton — The future of contactless patient monitoring to prevent exacerbation
  • Birches Health — Discover Birches Health, a specialized provider of online therapy for gambling addiction and other compulsive behaviors. Start recovery today with expert online counseling covered by insurance.
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Asabys Partners
VC Fund · Barcelona, Catalonia, Spain · 2 investments in Germany Medical Device startups

Asabys Partners is a venture capital firm that invests across the board in human healthcare. The company is active in the health-tech and biopharma industries and aims to invest in Spain and abroad in innovative and transformative technologies. Asabys Partners are motivated by the idea of pushing the boundaries of science and medicine. This is donethrough the sourcing and financing of the most disruptive technologies, and through the collaboration with the best internal and external talents of our industry.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical Device
  • Stage:Series A, Series B, Seed
  • Geography: Spain, France, Belgium

Investor stats

  • Total investments: 36
  • Round size: Seed $1.2M–$13M; Series A $7M–$55M; Series B $19M–$135M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: Likely still investing — raised $117M in 2022

Portfolio highlights

  • Sidekick Health — Our mission is to develop and deliver effective personalized digital therapeutics that prevent suffering and add millions of quality life years to people around the world. Our multi-chronic digital care platform allows us to scale the production of clinical treatments across major chronic diseases.
  • Nuage Therapeutics — Nuage Therapeutics is a pharmaceutical company which utilizes chemical biology and biomolecular condensation to develop selective drugs that target proteins with disordered regions for challenging indications to improve patient’s life. The focus of the medication is to enhance selective inhibitors of intrinsically disordered proteins involved inchallenging indications in order to meet unmet medical needs.
  • Augustine Therapeutics — Augustine Therapeutics is developing selective, safe and efficacious HDAC6 inhibitors designed for treatment of neuromuscular, neurodegenerative and cardiometabolic diseases. Discover our pipeline poised for clinical impact.
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IBG Beteiligungsgesellschaft Sachsen-Anhalt
VC Fund · Magdeburg-rothensee, Sachsen-Anhalt, Germany · 2 investments in Germany Medical Device startups

IBG Beteiligungsgesellschaft Sachsen-Anhalt is a venture capital firm makes investments in territories such as Germany and Denmark.

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Investment focus

  • Industry: Software, Electronics, Manufacturing
  • Stage:Seed, Series A
  • Geography: Germany, Austria

Investor stats

  • Total investments: 15
  • Round size: Seed $1.3M–$3M; Series A $4.4M–$5.9M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • RAYDIAX — We are Raydiax.Interventional only.Our goal is to reinvent computer tomography that is focussed on treatment.
  • Solar Materials — SOLAR MATERIALS developed a recycling technology for solar modules, which recovers all raw materials for a circular solar industry.
  • PerioTrap Pharmaceuticals GmbH — PerioTrap is an early stage biopharmaceutical company that aims to eradicate the root cause of periodontitis
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Winning Mindset Ventures
VC Fund · Gräfelfing, Bayern, Germany · 2 investments in Germany Medical Device startups

Startseite von Winning Mindset Ventures

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Investment focus

  • Industry: Medical, Software, Consulting
  • Stage:Series A
  • Geography: Germany

Investor stats

  • Total investments: 3
  • Round size: Series A $13M–$13M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • deepc — The Radiology AI Platform - Your effortless access to AI
  • XO Life — XO Life is to build the largest real-world evidence platform for patient insights for all medications and therapies. Together with one of Europe's leading research institutes for patient-centered research, the PROMIS Institute Germany of the Charité, and various pharmaceutical manufacturers, patient experiences are to be recorded in astandardized and systematic manner across a wide range of diseases. Patients are to be enabled to record their therapy course and outcome independently as well as scientifically validated so that these patient insights from real treatment practice can be used in the life science industry and by medical professions.
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Boehringer Ingelheim Venture Fund
VC Fund · Ingelheim Am Rhein, Rheinland-Pfalz, Germany · 2 investments in Germany Medical Device startups

Discover Boehringer Ingelheim Venture Fund. We invest in groundbreaking science to transform care. Explore our mission and join us in advancing medicine

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Investment focus

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

Investor stats

  • Total investments: 98
  • Round size: Seed $1.3M–$20M; Series A $3.8M–$34M; Series B $11M–$50M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: May invest from a new fund soon — raised $250M in 2018

Portfolio highlights

  • ArrePath — ArrePath is an anti-infective drug discovery company addressing the global health challenge of drug resistant infections.
  • Rinri Therapeutics — Rinri Therapeutics has been founded on pioneering research into auditory stem cells led by Professor Marcelo Rivolta at the University of Sheffield.
  • Centauri Therapeutics — At Centauri we seek to tackle life-threatening infectious diseases in the most vulnerable patients.
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AQAL Integral Investing
VC Fund · Munich, Bayern, Germany · 2 investments in Germany Medical Device startups

Munich-based AQAL Group is an active technology and impact holding company using the Integral Investing approach. Focus: exponential technology and digital evolution (Internet infrastructure, artificial intelligence, blockchain & financial tech, B2B IT solutions, Industry 4.0), green technology (renewable energy, energy efficiency, cleantech, circular economy), and life in the 21st century (future mobility, food, life science, med tech, media & entertainment tech).

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Investment focus

  • Industry: Health Care, Medical Device, Medical
  • Stage:Seed, Pre-Seed
  • Geography: Germany, United States

Investor stats

  • Total investments: 11
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • DNTOX — We are building up a bioanalytical testing laboratory for animal-free screening of chemicals, regarding their potential to disturb brain development and cause developmental neurotoxicity (DNT). Our in vitro testing battery is based on human cell models and enables chemical screening in a high-content and medium-throughput fashion. Furthermore, itis supported by an in-house developed software, using artifical intelligence. We support our customers during the identification of safe lead structures during substance development, as well as the safety assessment during approval and re-approval processes of chemicals. With our innovation, we want to realize our company vision: Safe chemicals without animal experiments!
  • wondder — Empowering People through Virtual Reality Use our training in Virtual Reality to create more happy, successful, productive teams. Experience the power of wondder. Contact Us Empowering People through Virtual Reality Use our training in Virtual Reality to create more happy,
  • Elona Health — Elona Health creates digital solutions that shape tomorrow's psychotherapy and support patients and therapists alike.
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Sparkasse Jena
VC Fund · Jena, Thuringen, Germany · 2 investments in Germany Medical Device startups

Sparkasse Jena is a German savings bank offers a collection of financial products and services to private, retail, and corporate customers.

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Investment focus

  • Industry: Medical, Health Care, Shopping
  • Stage:Seed, Series A, Series C
  • Geography: Germany, United States

Investor stats

  • Total investments: 7
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • NovaPump — The NovaPump GmbH is a cardiology company based in Jena/Germany devoloping cutting-edge therapeutical solutions in the field of non-invasive and percutaneous circulation support. The so called PERKAT (PERKutane KATheterpumpe) technique will be offered as pLVAD & pRVAD heart pumps for acute left or right heart patients within the nextyears. PERKAT works together with the current IABP technique (intra aortic balloon pump with about 200,000 cases p.a. internationally) and is the only-one catheter-based & self-expanding, pulsatile & ECG-triggered, cost-effective heart pump technique with a high pump performance. PERKAT is not available on the market so far. Articles in leading scientific journals and presentations at the top four international cardiology conferences in the last years show the medical need, the development status and the technological and medical advantages of PERKAT.
  • PERCEPTEC — PERCEPTEC is an application-oriented think tank with the aim of accelerating the process of modernization and digitalization of the optometric and ophthalmological sector.
  • DeepEn — DeepEn is a research transfer start-up from Leibniz Institute of Photonic Technologies. It focus on the development of solutions in the field of fibrephotonics, biophotonics and bioimaging.
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M-Invest
VC Fund · Singen, Thuringen, Germany · 2 investments in Germany Medical Device startups

M- Invest GmbH, Singen, Germany, represents the holding company for the business shares and stakes held by the Meder family.

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Investment focus

  • Industry: Medical Device, Medical, Software
  • Stage:Series A
  • Geography: Germany

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • CorTec — Reliable products for active implantable device development. We realize your next project with you and offer individual solutions that meet your specific requirements for Medical Devices, especially in neurotechnology.
  • Capical GmbH — Capical is your partner for target-oriented, fast and sophisticated integration of monitoring solutions in your product. We work in the fields of research, development and productive applications for contact-free ECG measurement for more than 10 years. During that time, we have established Capical as the worldwide leader of the capacitive electrodetechnology.​Our offer covers all stages of the development process. With the target to provide innovative and successful products in collaboration with you, we support you from building first prototypes up till serial production. Your benefit is our extensive know-how and experience from projects in various industry sectors.​Capical has been awarded with the Fresenius Inventor Award, the IHK Technology Transfer Award and additional awards for its capability to transfer the capacitive technology in marketable products. It has been the first company worldwide which has medically approved an ECG-device based on capacitive electrodes and we are capable to defend your and our interests against competitors due to own important property rights.​Join us with our target to establish the capacitive ECG measurement in various market segments to improve the quality of life of elderly or ill persons as well as improve safety and comfort in the increasing segment of automated driving.
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ES KAPITAL
VC Fund · 2 investments in Germany Medical Device startups

Kapitalbeteiligungsgesellschaft der Kreissparkasse Esslingen-Nürtingen mbH

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Investment focus

  • Industry: Software, EdTech, Medical
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Germany

Investor stats

  • Total investments: 7
  • Round size: Seed $814k–$1.6M; Series A $10M–$30M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • VISPA — Your virtual unlimited space for innovation projects, workshop facilitation, and agile meetings. With more than 30 available pre-built templates.
  • MeMi Textiles — Memi Textiles develops washable absorbent materials using its TSAcore technology for textile-based hygiene and care products.
  • NVision Imaging Technologies — NVision Imaging Technologies is leveraging advances in quantum physics to enable the first routine, convenient and affordable use of Magnetic Resonance Imaging (MRI) for assessing early patient response to cancer treatment at the metabolic level.
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Lauder Partners
VC Fund · Atherton, California, United States · 2 investments in Germany Medical Device startups

Lauder Partners, LLC is an entity investing in various realms of the technology field. Lauder invest both directly in companies as well as in funds - both venture and others. Since it primarily invests the capital of Gary Lauder and family members, we don't provide much information to the public.

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Investment focus

  • Industry: Software, Internet, Health Care
  • Stage:Series B, Seed
  • Geography: United States, United Kingdom, China

Investor stats

  • Total investments: 99
  • Round size: Seed $300k–$15M; Series B $9.4M–$50M
  • Lead/follow: 1% lead, 99% follow
  • Last fund: May invest from a new fund soon — last raise in 1986

Portfolio highlights

  • Radia — Radia is building the world's largest aircraft, the WindRunner
  • Lassen Peak — PUBLIC SAFETY INNOVATION Threat detection for a safer world Once in a great while, the path of advanced technology unexpectedly joins the basic needs of society. Learn More https://www.lassenpeak.com/wp-content/uploads/2023/12/Globe3.m4v Linkedin Envelope
  • NVision Imaging Technologies — NVision Imaging Technologies is leveraging advances in quantum physics to enable the first routine, convenient and affordable use of Magnetic Resonance Imaging (MRI) for assessing early patient response to cancer treatment at the metabolic level.
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YZR Capital
VC Fund · Munich, Bayern, Germany · 2 investments in Germany Medical Device startups

We back ambitious HealthTech founders solving complex healthcare challenges. We provide capital, deep sector expertise, and hands-on support to build global champions.

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Investment focus

  • Industry: Health Care, Medical, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Germany, Poland, United Kingdom

Investor stats

  • Total investments: 34
  • Round size: Seed $2.6M–$5.6M; Pre-Seed $764k–$2.5M; Series A $10M–$48M
  • Lead/follow: 65% lead, 35% follow
  • Last fund: Likely still investing — raised $70M in 2022

Portfolio highlights

  • Biorce — Biorce is an innovating HealthAI startup committed to transforming drug development through the use of artificial intelligence.
  • Clare&me — Clare is your virtual coach which calls you whenever you want and wherever you are. Stigma free phone calls and messaging based on cognitive- behavioral therapy. clare&me supports you on your self-help journey to better sleep, less worry and more self-confidence.
  • Holi — Holi is a digital metabolic wellness clinic.It helps to treat Obesity, insulin resistance, type 2 diabetes, and heart diseases.
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Atlantic
VC Fund · Berlin, Berlin, Germany · 2 investments in Germany Medical Device startups

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

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Investment focus

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

Investor stats

  • Total investments: 199
  • Round size: Seed $1.2M–$9.1M; Pre-Seed $850k–$3.8M; Series A $5.3M–$32M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Clue — Track your menstrual cycle with the Clue app, a women-led period and cycle tracker. Get science-based insights, predictions, and personalized tracking.
  • bonify — Bonify, a Berlin based FinTech-Start-up, enables customers to benefit from their credit scoring and financial data. The company gives customers free and easy access to their credit score and let them upload additional relevant data. Then, it offers tools and personalized recommendations to help optimize the customer’s financial situation.Foundedin 2015 by key executives of McKinsey and Zalando, bonify has received significant funding from internationally leading VCs and successful entrepreneurs.
  • tozero — Truly bringing lithium-ion battery waste tozero by recovering all critical matierlas, like lithium, nickel, cobalt, manganese, and graphite.
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Carma Fund
VC Fund · Munich, Bayern, Germany · 2 investments in Germany Medical Device startups

Carma Fund is an early-stage investment fund for advancing life science and healthcare technologies.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical Device
  • Stage:Seed, Series A, Series B
  • Geography: Germany, France, Sweden

Investor stats

  • Total investments: 12
  • Round size: Seed $2.7M–$13M; Series A $4.4M–$12M; Series B $34M–$62M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Kupando — Kupando is a biopharmaceutical company that develops agonists to stimulates innate immunity.
  • Allogenetics — Allogenetics GmbH provides a unique solution to the problem of organ rejection following transplantation. It is a distinct first-in-class therapy since it addresses the transplant rather than paralyzing the patient's immune system.
  • Heidelberg Epignostix — Heidelberg Epignostix is a pioneering start-up led by a dedicated team of DNA methylation-based tumor categorization experts. Heidelberg Epignostix has revolutionized tumor categorization by using the strength of methylation-based algorithms.
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APEX Ventures
VC Fund · Vienna, Wien, Austria · 2 investments in Germany Medical Device startups

APEX Ventures is an early-stage venture capital fund that invests in start-ups grounded in unique and protectable technology. They provide support and resources and aims to develop their start-ups in their respective field. Their initial focus areas include digital media, business intelligence, cybersecurity, fintech, and the future of work.

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Investment focus

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

Investor stats

  • Total investments: 57
  • Round size: Seed $1.3M–$8M; Pre-Seed $511k–$3M; Series A $5.2M–$28M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Quibim — Quibim builds AI tools that turn MRI, CT and PET data into actionable predictions for hospitals and biopharma. Trusted in 230+ centers worldwide.
  • GEMESYS — Gemesys creates a chip that functions similarly to the human brain in order to overcome processing constraints and empower AI with the hardware it needs to complete its destiny
  • OroraTech — From safeguarding forests and ecosystems to protecting communities and critical assets, OroraTech's advanced technology and reliable insights address challenges, mitigate risks, and drive meaningful impact.
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Green Park & Golf Ventures
VC Fund · Dallas, Texas, United States · 2 investments in Germany Medical Device startups

Green Park & Golf, built on over 50 years of operational and financial experience, seeks investment opportunities that offer above-market returns for its investors. Led by Clay Heighten, M.D., and Carl Soderstrom, the Firm delivers strategic solutions, financial backing and a reliable network to its portfolio companies. The Dallas-based Firm iscurrently looking for investment opportunities in medical-related start-ups.Dr. Heighten founded MedicalEdge Healthcare Group in 1993, and Mr. Soderstrom started PhyServe Physician Services in 1998 to administer the financial and operational needs of MedicalEdge. Together, the companies managed over 550 providers in five major markets. In 2011, the companies were sold to Texas Health Resources, a $3.8 billion health care system. That’s when Green Park & Golf was born.After earning his MBA at Southern Methodist University, Mr. Garcia joined them full-time in May 2011 to actively pursue new investment opportunities and monitor other investments in their portfolio. He has prior professional experience at FedEx, Bold Ventures, and Lone Star Investment Advisors.

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Investment focus

  • Industry: Health Care, Medical, Biotechnology
  • Stage:Series A, Seed, Series B
  • Geography: United States, Israel, Sweden

Investor stats

  • Total investments: 93
  • Round size: Seed $420k–$3.2M; Series A $1.3M–$18M; Series B $2.1M–$45M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Vellum Health — Vellum Health platform provides on-demand IV enablement & treatment optimized for provider organizations, payers, clinicians, and patients.
  • Affineon Health — Affineon is the AI inbox that saves provider time. We automatically handle normal and clinically insignificant lab results, and help providers get through abnormal lab results faster. Our AI automatically groups, analyzes, and trends lab results into a smart summary, including possible next steps and a complete patient note. We also route"noise" to staff, reducing the number of messages a physician needs to pay attention to by up to 30%. The result is 5+ hours saved per week per provider. Plus, Affineon tightly integrates with the EHR, so providers don’t need to change their existing workflow.
  • Mobia Medical — MicroTransponder is a medical device company that develops and commercializes neurostimulation devices to treat neurological diseases. Its therapies include paired vagus nerve stimulation system (Paired VNS System) and wireless neurostimulation system for the treatment of chronic pain, post-stroke upper limb mobility issues, and variousneurological indications that enable healthcare practitioners to treat post-stroke upper limb mobility issues.Founded in 2007, MicroTransponder is headquartered in Dallas, Texas.
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TechVision Fund
VC Fund · Aachen, Nordrhein-Westfalen, Germany · 2 investments in Germany Medical Device startups

VF-Funds for innovative and scalable start-ups from the Rhineland Area, Germany

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Investment focus

  • Industry: Software, Health Care, Manufacturing
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, Spain

Investor stats

  • Total investments: 30
  • Round size: Seed $3M–$5.8M; Series A $5.5M–$28M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • Octonomy — octonomy: AI-as-a-Service mit der neuen Generation von KI-Agenten. 80 % Zeitersparnis, 24/7-Support in 30+ Sprachen, live in 20 Tagen.
  • Eeden — Eeden engages in the manufacture and supply of textiles.
  • specter automation — Construction is the second least digitized sector in the world with 96% of all data being unused. Although detailed planning data is created upfront, a lack of suitable digital tools prevents its transfer to the construction site. SPECTER’s web-based construction management software uniquely incorporates the core components of constructionplanning, reducing the organizational burden on construction management and helping to meet project timelines and budgets.
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TruVenturo
VC Fund · Hamburg, Hamburg, Germany · 2 investments in Germany Medical Device startups

TruVenturo is an entrepreneurial investor and company builder in Europe and the United States

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Investment focus

  • Industry: Travel, Tourism, Software
  • Stage:Seed, Series A
  • Geography: Germany, United States, Spain

Investor stats

  • Total investments: 19
  • Round size: Seed $1.1M–$26M; Series A $2.4M–$18M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Rune Labs — Software and data platform for neuromodulation
  • get.me — get.me connects social media accounts or links to sites. They create a free link in their bio page that earns money and turns followers into paying subscribers, so they earn money from social media with every subscriber.
  • Tomorrow Bio — At Tomorrow Bio, we use the latest technology to preserve you for however long it takes until medical technology can extend your life.
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Entrée Capital
VC Fund · London, England, United Kingdom · 2 investments in Germany Medical Device startups

We are a team of former serial founders managing $1.5Bn across a number of funds, with offices in Tel Aviv, London, and New York. We back the next generation of category-defining companies with conviction of founders who have built companies themselves.We back founders with a partnership built on trust, fairness and real operating experience. Westand with founders through every challenge, and help them grow with clarity, resilience and purpose.

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Investment focus

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

Investor stats

  • Total investments: 256
  • Round size: Seed $1.4M–$13M; Series A $4M–$25M; Series B $14M–$55M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — raised $300M in 2022

Portfolio highlights

  • Identiq — Identiq's network members fight fraud and improve user experience by validating new users and vouching for ones they already know without sharing any personal user data at all.
  • Toka — Toka develops cutting-edge and lawful digital forensics, intelligence and force protection capabilities to empower government agencies strengthen homeland security.
  • Imagindairy — It's dairy, done differently. Our animal-free dairy products are lactose-free, growth hormone-free and cholesterol-free.
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DocCheck Guano AG
VC Fund · Cologne, Nordrhein-Westfalen, Germany · 2 investments in Germany Medical Device startups

Birds of a feather flock together? Not our style! We promote healthcare startups who believe in their vision and want to be a success at it. DocCheck Guano is a hatchery for precocial birds aiming to land in the market. We provide the ideal fertiliser for startups: capital, know-how, market access and network. Oh, and our focus is on seed funding.

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Investment focus

  • Industry: Health Care, Medical, Mobile Apps
  • Stage:Seed, Pre-Seed
  • Geography: Germany, Spain, The Netherlands

Investor stats

  • Total investments: 8
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Amparo — We empower amputees so they can live life to the full. Amparo is a developer, manufacturer and distributor of prosthetic components. It developed the Confidence Socket, which is the interface between the patient's residual limb and the prosthetic leg itself. 1) The fitting process is as fast as 1h time; 2) The material can be remolded 10times, saving huge costs of health providers; and 3) All tools fit into a sports bag. making it possible to service amputee anywhere in the world.
  • medflex — Entdecken Sie medflex: Automatisierte Patientenkommunikation mit unserem KI-Teammitglied. Jetzt mehr erfahren!
  • Mammoth Hunters — Mammoth Hunters is a 360° wellness solution offering accessible functional training, natural nutrition and lifestyle advice packaged as a mobile/web based SaaS. The founders come from a scientific background and use discoveries in human physiology and evolution to create personalized fitness journeys. The program is designed toeliminate all barriers that prevent people from leading a healthy lifestyle - lack of time, knowledge and motivation. The company employs 12+ people in Barcelona Spain and has key partnerships with fitness experts, healthcare companies, and sports technology companies.
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American RENOLIT Corporation
VC Fund · Swedesboro, New Jersey, United States · 2 investments in Germany Medical Device startups

With decorative, high-quality and sustainable plastic products, we create clear added value for our customers and improve the quality of life.

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Investment focus

  • Industry: Health Care, Medical Device, 3D Printing
  • Stage:Series A
  • Geography: Germany

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Kumovis — The EXT 220 MED, formerly the Kumovis R1, is the only extrusion platform that features an integrated clean room and is validated by leading medical device manufacturers and hospitals worldwide.
  • Inovedis — The SINEFIX Implant System is an easy-to-learn solution aimed at simplifying rotator cuff repair procedures and improving patient outcomes.
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Start-up BW Innovation Fonds
VC Fund · Stuttgart, Baden-Wurttemberg, Germany · 1 investments in Germany Medical Device startups

The start-up BW Innovation Fund offers venture capital for innovative

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Investment focus

  • Industry: Software, B2B, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Germany

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

Portfolio highlights

  • MATVIS — MATVIS identifies and mitigates vulnerabilities in AI systems. Our cutting-edge technology detects potential threats and weaknesses in real-time, ensuring robust model performance and safeguarding against adverse outcomes. We empower businesses to deploy AI solutions confidently, enhancing operational security and reliability.
  • Pluvion — Pluvion provides innovative AI-powered solutions for water management. Explore our technology for efficient extraneous water detection and learn how we're shaping the future of water management.
  • Heidelberg Epignostix — Heidelberg Epignostix is a pioneering start-up led by a dedicated team of DNA methylation-based tumor categorization experts. Heidelberg Epignostix has revolutionized tumor categorization by using the strength of methylation-based algorithms.
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Carsten Maschmeyer
Angel · Hanover, Niedersachsen, Germany · 1 investments in Germany Medical Device startups

Carsten Maschmeyer is a successful entrepreneur, consultant and financial investor. He was born on May 8, 1959 in Bremen and grew up in Hildesheim. After his graduation in 1978 Maschmeyer completed military service before he began to study medicine in Hannover. To finance his studies, he worked part-time in sales of investment advice to it in 1982completely dedicated financial advice. More about Carsten Masch Meyers consultant. In 1988 Carsten Maschmeyer to AWD financial group, which was successfully launched on the stock market in 2000 and rise to the MDAX and expanded in 11 countries. Was sold in 2007 Carsten Maschmeyer all his shares in the company at the insurance group Swiss Life, who renamed the AWD in AWD Holding. Maschmeyer has today different occupational focuses, inter alia, as entrepreneur, investor and consultant. His experience Carsten Maschmeyer a sought-after speaker on the subject of success. Motivated by the desire expressed by many listeners to learn more about his secret of success, Carsten Maschmeyer published in the spring of 2012 his book "Self Made - performance live richly". In it he describes the basis of his own exciting path and the celebrities strategies for professional, financial and personal success.

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Investment focus

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

Investor stats

  • Total investments: 81
  • Round size: Seed $106k–$4M; Angel $99k–$603k; Series A $1.6M–$29M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • MyGutachter — Insuretech / Legaltech / Online Service
  • Articly — ARTICLY gives discerning media consumers access to high-quality content in the form of spoken-aloud audio publications. This is accomplished by selecting articles from leading German-language publishers, incorporating professional soundtracks, and making them available centrally by subscription. This helps you to stay up to date while also learningthe backstory of the top stories, despite your restricted time.
  • Interior Circle — The interior circle benefit living in one every day and wanting to improve it. Others may appreciate a water supply, but we are pleased with the new vase. What if we could make only one small change while still experiencing wonderful new things This is exactly what we want to accomplish with our company! alongside youWe specifically give up ourcommission for this purpose. We utilize this money to provide housing—their own homes or other important social structures—to those living in nations with inadequate social infrastructure. Our program will not be able to alter the course of history. However, we also want to create our own business.
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Medical Device Investor funding in Germany at a glance

Stats across 262 deals from 294 investors.

294
investors
in Germany Medical Device startups
262
deals
in Germany Medical Device startups
$5M
median round
in Germany Medical Device startups
43%
lead investors
lead at least one round
23%
Seed
most common funding stage
93/7
VC / Angel
share of investor count

Access all 294 investors in Germany Medical Device startups.

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