# Top 50 Medical Device VC (Venture Capital) Funds in Germany in June 2026

## HTGF (High-Tech Gruenderfonds)
- Type: VC Fund
- Location: Bonn, Nordrhein-Westfalen, Germany
- Relevant deals: 22
- Stages: Seed, Series A
- Focus: Software, Biotechnology, Information Technology

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.

## Bayern Kapital
- Type: VC Fund
- Location: Landshut, Bayern, Germany
- Relevant deals: 10
- Stages: Seed, Series A
- Focus: Software, Health Care, Information Technology

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.

## NRW.BANK
- Type: VC Fund
- Location: Düsseldorf, Nordrhein-Westfalen, Germany
- Relevant deals: 7
- Stages: Seed, Series A, Series B
- Focus: Information Technology, Software, Biotechnology

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.

## KfW
- Type: VC Fund
- Location: Frankfurt, Hessen, Germany
- Relevant deals: 7
- Stages: Series A, Series B
- Focus: Biotechnology, Software, Health Care

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.

## TGFS - Technologiegründerfonds Sachsen
- Type: VC Fund
- Location: Leipzig, Sachsen, Germany
- Relevant deals: 6
- Stages: Seed, Series A
- Focus: Software, Information Technology, Manufacturing

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.

## MIG Capital
- Type: VC Fund
- Location: München, Bayern, Germany
- Relevant deals: 5
- Stages: Series A, Series B
- Focus: Biotechnology, Health Care, Therapeutics

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.

## Brandenburg Kapital
- Type: VC Fund
- Location: Potsdam, Brandenburg, Germany
- Relevant deals: 5
- Stages: Seed, Series A
- Focus: Software, Information Technology, Health Care

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).

## bm-t beteiligungsmanagement thuringen
- Type: VC Fund
- Location: Erfurt, Thuringen, Germany
- Relevant deals: 5
- Stages: Seed, Series A
- Focus: Software, Information Technology, Health Care

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

## bmp Ventures
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 5
- Stages: Seed, Series A
- Focus: Software, Information Technology, Manufacturing

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.

## Expon Capital
- Type: VC Fund
- Location: Luxembourg, Luxembourg, Luxembourg
- Relevant deals: 4
- Stages: Seed, Series A, Series B
- Focus: Software, E-Commerce, Financial Services

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

## Playground Global
- Type: VC Fund
- Location: Palo Alto, California, United States
- Relevant deals: 3
- Stages: Series A, Series B, Seed
- Focus: Software, Robotics, Biotechnology

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.

## 11k Ventures
- Type: VC Fund
- Location: Hamburg, Hamburg, Germany
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Convertible Note
- Focus: Health Care, Medical Device, Artificial Intelligence

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.

## Born2Grow
- Type: VC Fund
- Location: Heilbronn, Baden-Wurttemberg, Germany
- Relevant deals: 3
- Stages: Seed, Series A, Series B
- Focus: Software, Medical, Health Care

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

## Sofinnova Partners
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 3
- Stages: Series A, Series B, Series C
- Focus: Biotechnology, Health Care, Medical

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.

## Think.Health
- Type: VC Fund
- Location: Fürstenfeldbruck, Bayern, Germany
- Relevant deals: 3
- Stages: Seed, Series A, Series B
- Focus: Health Care, Biotechnology, Medical Device

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,

## Heal Capital
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 3
- Stages: Seed, Series A, Pre-Seed
- Focus: Health Care, Artificial Intelligence, Machine Learning

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

## IFB Innovationsstarter
- Type: VC Fund
- Location: Hamburg, Hamburg, Germany
- Relevant deals: 3
- Stages: Seed, Grant
- Focus: Software, SaaS, Artificial Intelligence

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

## SOSV
- Type: VC Fund
- Location: Princeton, New Jersey, United States
- Relevant deals: 3
- Stages: Seed, Convertible Note, Pre-Seed
- Focus: Biotechnology, Health Care, Software

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.

## Hevella Capital
- Type: VC Fund
- Location: Hamburg, Hamburg, Germany
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: FinTech, Software, E-Commerce

Hevella Capital is a principal investment firm.

## HealthCap
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 3
- Stages: Series B, Series A
- Focus: Biotechnology, Health Care, Medical

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

## S-Venture Capital Dortmund
- Type: VC Fund
- Location: Deutsch, Sachsen, Germany
- Relevant deals: 3
- Stages: Series B, Series A
- Focus: Biotechnology, Guides, Genetics

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

## Sparrow Ventures
- Type: VC Fund
- Location: Zürich, Zurich, Switzerland
- Relevant deals: 3
- Stages: Series A, Seed
- Focus: Health Care, Real Estate, Medical Device

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.

## MassMutual Ventures
- Type: VC Fund
- Location: Boston, Massachusetts, United States
- Relevant deals: 3
- Stages: Series A, Series B, Seed
- Focus: Software, Financial Services, Information Technology

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.

## DocCheck Guano AG
- Type: VC Fund
- Location: Cologne, Nordrhein-Westfalen, Germany
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Health Care, Medical, Mobile Apps

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.

## American RENOLIT Corporation
- Type: VC Fund
- Location: Swedesboro, New Jersey, United States
- Relevant deals: 2
- Stages: Series A
- Focus: Health Care, Medical Device, 3D Printing

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

## Wellington Partners
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Health Care, Biotechnology, Medical

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.

## Boehringer Ingelheim Venture Fund
- Type: VC Fund
- Location: Ingelheim Am Rhein, Rheinland-Pfalz, Germany
- Relevant deals: 2
- Stages: Series A, Series B, Seed
- Focus: Biotechnology, Health Care, Therapeutics

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

## Bertelsmann Investments
- Type: VC Fund
- Location: Gütersloh, Nordrhein-Westfalen, Germany
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Health Care, Medical, Artificial Intelligence

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

## Seed Fonds Aachen
- Type: VC Fund
- Location: Aachen, Nordrhein-Westfalen, Germany
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Biotechnology, Medical, Health Care

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.

## Asabys Partners
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 2
- Stages: Series A, Series B, Seed
- Focus: Health Care, Biotechnology, Medical Device

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.

## Sparkasse Jena
- Type: VC Fund
- Location: Jena, Thuringen, Germany
- Relevant deals: 2
- Stages: Seed, Series A, Series C
- Focus: Medical, Health Care, Shopping

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

## ES KAPITAL
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, EdTech, Medical

Kapitalbeteiligungsgesellschaft der Kreissparkasse Esslingen-Nürtingen mbH

## APEX Ventures
- Type: VC Fund
- Location: Vienna, Wien, Austria
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Artificial Intelligence, Software, Health Care

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.

## Atlantic
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Health Care, Financial Services

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.

## BayBG Venture Capital
- Type: VC Fund
- Location: München, Bayern, Germany
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Software, Information Technology, Health Care

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.

## AQAL Integral Investing
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Health Care, Medical Device, Medical

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).

## TruVenturo
- Type: VC Fund
- Location: Hamburg, Hamburg, Germany
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Travel, Tourism, Software

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

## Carma Fund
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Health Care, Biotechnology, Medical Device

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

## Entrée Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Software, FinTech, Financial Services

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.

## The TQ Group
- Type: VC Fund
- Location: Seefeld, Bayern, Germany
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Sports, Hardware, Robotics

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

## Lauder Partners
- Type: VC Fund
- Location: Atherton, California, United States
- Relevant deals: 2
- Stages: Series B, Seed
- Focus: Software, Internet, Health Care

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.

## M-Invest
- Type: VC Fund
- Location: Singen, Thuringen, Germany
- Relevant deals: 2
- Stages: Series A
- Focus: Medical Device, Medical, Software

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

## Winning Mindset Ventures
- Type: VC Fund
- Location: Gräfelfing, Bayern, Germany
- Relevant deals: 2
- Stages: Series A
- Focus: Medical, Software, Consulting

Startseite von Winning Mindset Ventures

## b2venture
- Type: VC Fund
- Location: Saint Gallen, Sankt Gallen, Switzerland
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Software, Health Care, Information Technology

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.

## TechVision Fund
- Type: VC Fund
- Location: Aachen, Nordrhein-Westfalen, Germany
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Health Care, Manufacturing

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

## Green Park & Golf Ventures
- Type: VC Fund
- Location: Dallas, Texas, United States
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Health Care, Medical, Biotechnology

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.

## YZR Capital
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Health Care, Software, Artificial Intelligence

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

## IBG Beteiligungsgesellschaft Sachsen-Anhalt
- Type: VC Fund
- Location: Magdeburg-rothensee, Sachsen-Anhalt, Germany
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Electronics, Manufacturing

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

## Grönemeyer Health
- Type: VC Fund
- Location: Bochum, Nordrhein-Westfalen, Germany
- Relevant deals: 1
- Stages: Series A
- Focus: Medical, Manufacturing, Medical Device

Grönemeyer Health is a venture capital investment firm.

## Norgine Ventures
- Type: VC Fund
- Location: Uxbridge, Hillingdon, United Kingdom
- Relevant deals: 1
- Stages: Debt Financing, Series A
- Focus: Health Care, Medical Device, Biotechnology

Norgine Ventures was started in 2012 to diversify Norgine’s activities and foster innovation in the healthcare sector. Norgine Ventures provides debt and debt-like financing to innovative, fast-growing companies in the fields of healthcare and life sciences, in Europe and the US. Norgine Ventures is backed by Norgine, a fully integrated, private,European healthcare company with over 110 years of experience in the pharma space.Norgine Ventures has full access to Norgine’s technical capabilities for evaluating investment opportunities, although the business is aimed at achieving a financial return rather than funding opportunities of strategic interest to Norgine.To date, Norgine Ventures has invested in a number of businesses, including specialty pharma, diagnostic and medical device companies, at various stages of their life cycle, both in Europe and in the US.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co