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Top 50 SaaS Startup Investors in Europe (September 2026)

The most active venture capital funds and angel investors investing in Europe SaaS startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Europe SaaS startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Bpifrance
VC Fund
572 France, United States, Switzerland Seed, Series A Software, Information Technology, Health Care $757k–$34M
Antler
VC Fund
449 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
SFC Capital
VC Fund
378 United Kingdom, United States, Canada Pre-Seed, Seed Artificial Intelligence, Software, Information Technology $126k–$2M
Kima Ventures
VC Fund
352 France, United States, United Kingdom Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $591k–$16M
Speedinvest
VC Fund
336 United Kingdom, Germany, Austria Seed, Series A, Pre-Seed Software, FinTech, Financial Services $411k–$33M
HTGF (High-Tech Gruenderfonds)
VC Fund
334 Germany, Switzerland, United States Seed, Series A Software, Biotechnology, Information Technology $850k–$31M
Enterprise Ireland
VC Fund
332 Ireland, United States, United Kingdom Seed, Series A Software, Information Technology, Health Care $400k–$12M
Hiventures
VC Fund
298 Hungary, United States, United Kingdom Pre-Seed, Seed, Series A Software, Information Technology, Manufacturing $18k–$2.9M
Almi Invest
VC Fund
204 Sweden, Norway, United States Venture - Series Unknown, Seed Software, Health Care, Information Technology $221k–$3.5M
LocalGlobe
VC Fund
203 United Kingdom, United States, France Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $1M–$33M
Index Ventures
VC Fund
202 United States, United Kingdom, France Series A, Series B, Seed Software, E-Commerce, Internet $1.5M–$100M
Entrepreneurs First
VC Fund
196 United Kingdom, United States, India Pre-Seed, Seed, Series A Artificial Intelligence, Software, Information Technology $54k–$41M
Ascension
VC Fund
192 United Kingdom, United States, Italy Seed, Pre-Seed Software, FinTech, Internet $229k–$4.1M
Octopus Ventures
VC Fund
183 United Kingdom, United States, Germany Series A, Seed, Series B Software, Artificial Intelligence, Health Care $2.1M–$43M
FJ Labs
VC Fund
178 United States, Brazil, United Kingdom Seed, Series A, Series B Software, E-Commerce, Financial Services $1.2M–$65M
Seedcamp
VC Fund
173 United Kingdom, United States, Germany Seed, Pre-Seed, Series A Software, FinTech, SaaS
HV Capital
VC Fund
158 Germany, United States, United Kingdom Series A, Seed, Series B E-Commerce, Software, Internet $1.5M–$80M
Fuel Ventures
VC Fund
158 United Kingdom, United States, Ireland Seed, Pre-Seed, Series A Software, SaaS, Information Technology $313k–$24M
Portugal Ventures
VC Fund
157 Portugal, United States, France Seed, Venture - Series Unknown, Pre-Seed Software, Information Technology, Artificial Intelligence $107k–$3.6M
Partech
VC Fund
154 United States, France, Germany Series A, Seed, Series B Software, E-Commerce, SaaS $1.1M–$56M
Wayra
VC Fund
153 Spain, United Kingdom, United States Seed, Series A Software, Information Technology, SaaS $54k–$16M
Business Growth Fund
VC Fund
150 United Kingdom, Ireland, United States Venture - Series Unknown, Private Equity, Series A Software, Information Technology, Manufacturing $3.4M–$27M
Scottish Investment Bank
VC Fund
149 United Kingdom, United States, France Venture - Series Unknown, Seed, Series A Software, Biotechnology, Health Care $244k–$7.5M
Par Equity
VC Fund
149 United Kingdom, United States, Brazil Venture - Series Unknown, Seed Software, Manufacturing, Information Technology $113k–$4.3M
Force Over Mass Capital
VC Fund
143 United Kingdom, United States, Germany Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $241k–$18M
Point Nine
VC Fund
138 Germany, United States, France Seed, Series A, Series B Software, SaaS, Internet $891k–$62M
Balderton Capital
VC Fund
136 United Kingdom, United States, Germany Series A, Series B, Series C Software, Financial Services, Artificial Intelligence $4.5M–$160M
Global Founders Capital
VC Fund
136 United States, Germany, United Kingdom Seed, Series A, Pre-Seed Financial Services, Software, FinTech $575k–$30M
APX
VC Fund
135 Germany, United Kingdom, United States Pre-Seed, Seed, Series A Software, SaaS, Information Technology $55k–$15M
IBB Ventures
VC Fund
134 Germany, United States, United Kingdom Seed, Series A Software, Health Care, SaaS $1M–$11M
CDP Venture Capital
VC Fund
133 Italy, United States, United Kingdom Seed, Series A Software, Information Technology, Health Care $483k–$23M
Notion Capital
VC Fund
130 United Kingdom, United States, Germany Series A, Seed, Series B Software, Information Technology, SaaS $1.1M–$66M
MMC Ventures
VC Fund
129 United Kingdom, United States, France Seed, Series A, Series B Software, Artificial Intelligence, Machine Learning $1.4M–$54M
Techstart Ventures
VC Fund
126 United Kingdom, Ireland, United States Seed, Pre-Seed Software, Information Technology, Health Care $197k–$4M
Bayern Kapital
VC Fund
126 Germany, United States, Finland Seed, Series A Software, Health Care, Information Technology $1.7M–$32M
Episode 1
VC Fund
124 United Kingdom, United States, Germany Seed, Series A, Pre-Seed Software, Artificial Intelligence, SaaS $1M–$18M
Accel
VC Fund
124 United States, India, United Kingdom Series A, Series B, Seed Software, SaaS, Information Technology $1.4M–$75M
Earlybird Venture Capital
VC Fund
123 Germany, United States, United Kingdom Series A, Seed, Series B Software, Information Technology, Artificial Intelligence $1.5M–$75M
DN Capital
VC Fund
123 United States, Germany, United Kingdom Series A, Series B, Seed Software, SaaS, E-Commerce $1M–$82M
Northstar Ventures
VC Fund
123 United Kingdom, United States, Indonesia Seed, Venture - Series Unknown, Series A Software, Health Care, Information Technology $43k–$10M
Motier Ventures
VC Fund
123 France, United States, United Kingdom Seed, Series A, Pre-Seed Artificial Intelligence, Information Technology, Software $1.6M–$27M
Elaia
VC Fund
121 France, United States, Spain Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $1.1M–$50M
Creandum
VC Fund
120 Sweden, Germany, United States Series A, Seed, Series B Software, Information Technology, Artificial Intelligence $1.8M–$80M
Atlantic
VC Fund
120 Germany, Switzerland, United States Seed, Pre-Seed, Series A Software, Health Care, Artificial Intelligence $850k–$30M
Cherry Ventures
VC Fund
119 Germany, United Kingdom, United States Seed, Series A, Series B Software, Information Technology, Financial Services $1.9M–$117M
Charlie Songhurst
Angel
116 United Kingdom, United States, Germany Seed, Pre-Seed Software, Information Technology, Artificial Intelligence $500k–$8M
Tiny Supercomputer Investment Company
VC Fund
116 United Kingdom, Germany, United States Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $750k–$37M
ENISA
VC Fund
115 Spain, United States, France Seed, Debt Financing, Pre-Seed Software, Health Care, Artificial Intelligence $67k–$1.6M
Frontline Ventures
VC Fund
114 United States, Ireland, United Kingdom Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $405k–$17M
Fil Rouge Capital (FRC)
VC Fund
110 Croatia, Slovenia, United Kingdom Seed, Pre-Seed Software, Information Technology, SaaS $50k–$1.2M
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Bpifrance
VC Fund · Maisons-alfort, Ile-de-France, France · 572 investments in Europe SaaS startups

Bpifrance provides financial solutions for companies that are booting up the listing on the stock exchange and credit equity. It includes OSEO, CDC Entreprises, FSI, and FSI Regions to offer in your area of financial solutions at every stage of the life of your business.

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Investment focus

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

Investor stats

  • Total investments: 1681
  • Round size: Seed $757k–$6.1M; Series A $2.8M–$34M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely actively investing — fresh fund, raised $27M in 2025

Portfolio highlights

  • Nepsis — AI-powered software and debt advisory for renewable energy developers. Modern financing solutions for small & medium renewable projects.
  • Hiqute Diamond — High quality diamond plates for high-end applications
  • Tribun Health — Tribun Health provides a complete digital pathology platform for diagnosis, prognosis and biomarker analysis.
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Antler
VC Fund · Singapore, Central Region, Singapore · 449 investments in Europe SaaS startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

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

Investor stats

  • Total investments: 2377
  • Round size: Seed $158k–$4.5M; Pre-Seed $100k–$590k; Series A $4.1M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fresh fund, raised $7.5M in 2026

Portfolio highlights

  • Two — Buy Now, Pay Later for your business customers. Two makes it easy and safe to offer invoice as a payment method on your e-commerce site.
  • Forti Foods — The mission of Forti Foods is to enhance communities and change lives beyond the plate by fostering resilience and dignity via sustainable food innovation.
  • Neighbourhood — Neighbourhood transform unused spaces in restaurants, hotels and residences, into local hubs for co-working, creating and collaborating.
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SFC Capital
VC Fund · London, England, United Kingdom · 378 investments in Europe SaaS startups, 56 in the past 12 months

Discover the UK's leading SEIS Fund, offering tax-efficient investments in innovative startups. Join thousands of savvy investors and raise capital for your business with SFC Capital.

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Investment focus

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

Investor stats

  • Total investments: 754
  • Round size: Seed $126k–$2M; Pre-Seed $170k–$858k
  • Lead/follow: 37% lead, 63% follow
  • Last fund: May invest from a new fund soon — raised $1.9M in 2019

Portfolio highlights

  • Anemo Labs — We develop highly selective polymer-based sensors to detect gas VOCs in the ppb range, in real-time. We combine custom hardware with Machine Learning to characterize smells
  • FlairMakers — FlairMakers provides a digital talent platform connecting hospitality businesses with vetted freelance professionals.
  • Pure Capture Innovations — Pure Capture Innovations develop the next generation of sustainable adsorbents to solve the emerging PFAS crisis, removing 'forever chemicals' contaminating our water and affecting public health
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Kima Ventures
VC Fund · Paris, Ile-de-France, France · 352 investments in Europe SaaS startups

Kima Ventures promotes the growth of startups, supporting them in the fastest and most effective ways.

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Investment focus

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

Investor stats

  • Total investments: 719
  • Round size: Seed $650k–$5.5M; Pre-Seed $591k–$3.8M; Series A $1.2M–$16M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Hoora — Hoora is a mobile gaming platform that offers an instant, scrollable feed of over 200 casual and arcade mini-games playable without downloads or waiting.
  • Klaimee — Certify your AI agent. Get guaranteed. Risk evaluation, certification badge, financial guarantee, and liability insurance for AI agents.
  • Shiplong — Shiplog gives every customer a live profile and decides the next best action in real time, so you expand, retain and grow revenue from the customers you already have.
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Speedinvest
VC Fund · Vienna, Wien, Austria · 336 investments in Europe SaaS startups

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

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Investment focus

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

Investor stats

  • Total investments: 668
  • Round size: Seed $798k–$7.9M; Pre-Seed $411k–$3.8M; Series A $4.1M–$33M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $372M in 2022

Portfolio highlights

  • Findery — Find and leave notes anywhere in the world, discover local knowledge, hidden secrets, and exciting stories. Share your travel knowledge, geoblog, or local news!
  • GAMINSIDE — GAMINSIDE revolutionizes your relationship with your customers. As European full service provider, we deliver the complete package with solutions, services and software for gamified loyalty that is tailor-made and unique to your products, brands and customers. Integrate the best ideas from gamification and customer loyalty in your business areato exceed your commercial targets with GAMINSIDE.
  • Polaron — Material Design. Supercharged with AI.
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HTGF (High-Tech Gruenderfonds)
VC Fund · Bonn, Nordrhein-Westfalen, Germany · 334 investments in Europe SaaS 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: 739
  • Round size: Seed $850k–$7M; Series A $3.1M–$31M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — raised $515M in 2022

Portfolio highlights

  • 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.
  • Alteva — Alteva develops battery cells for the decarbonisation of the global transport sector, and focus on high-energy density battery cells with high safety profiles specifically designed for the aviation and heavy-duty transport sectors.
  • Smartblue — Smartblue develops and runs software and processes to monitor and optimize zero emission energy systems. As a hardware independent specialist Smartblue delivers a software service for the maintenance, life-cycle management, production forecasting and remote control of photovoltaic and energy storage systems all together in one centralized “SmartControl” Operations and Control Center web application. We help our customers drive down overall operational cost through automation, smart failure detection and big data analysis on imminent defects.
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Enterprise Ireland
VC Fund · Dublin, Dublin, Ireland · 332 investments in Europe SaaS startups

Enterprise Ireland is the government agency responsible for the development and funding of the indigenous business sector. Their mission is to accelerate the development of companies to achieve strong positions in global markets resulting in increased national and regional prosperity. It was founded in 1998 and headquartered in Dublin, Ireland.

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Investment focus

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

Investor stats

  • Total investments: 876
  • Round size: Seed $400k–$3.3M; Series A $2.2M–$12M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — raised $1.2M in 2021

Portfolio highlights

  • Foodcloud — We connect businesses that have surplus food with Charities and Community Groups that need it.
  • Adama Innovations — Sharp Conductive Single Crystal Diamond AFM Probes
  • Full Health Medical — Full Health Medical patient empowerment tools that improve prevention healthcare are part of the healthcare ecosystem. FHM provides reliable digital innovation, designed by healthcare professionals that are keen to help patients live a healthy life, in response to a national scarcity of healthcare providers, the development of chronic disease, anda lack of transparency at the patient level. People provide lifetime access to preventive care healthcare across screening, diagnostics, education, treatment, and a record of their journey driven technology provides lifetime access to preventative healthcare custom designed at every step screening, diagnostics, education, and action plans that motivate individuals to address risks before they develop health problems.
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Hiventures
VC Fund · Budapest, Budapest, Hungary · 298 investments in Europe SaaS startups

As one of the largest and most active venture capital fund partners in Central and Eastern Europe our mission is to create new ways of equity funding for innovative small and medium-sized enterprises with high growth potential as well as more traditional businesses for the purpose of establishing a sustainable and competitive SME and enterpriseecosystem both in Hungary and in the region

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Hungary, United States, United Kingdom

Investor stats

  • Total investments: 707
  • Round size: Seed $118k–$925k; Pre-Seed $18k–$138k; Series A $163k–$2.9M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: May invest from a new fund soon — raised $493M in 2020

Portfolio highlights

  • iBar Experience Kft. — iBar provides an AI  inventory app that integrates into restaurant management software. They offer products and services for pizzerias, bars, discos, hotels, and restaurants.
  • SURVIOT Monitoring Kft. — SURVIOT provides smart movement and deformation monitoring solution for civil engineering projects such as bridge, tunnel and dam constructions, quarries, slope stability inspections by monitoring geotechnical and environmental parameters. SURVIOT supports operators and constructors to comply with professional regulations by digitizing labourintensive, manual monitoring processes with automated data collection, processing and analysis. The SURVIOT platform is constantly evolving by adding new sensors and features.
  • Linkio - Ecommerce Integration Portal — Integrate wholesalers into your online store easier then ever
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Almi Invest
VC Fund · Stockholm, Stockholms Lan, Sweden · 204 investments in Europe SaaS startups

Almi Invest is Sweden’s most active early-stage venture capital firm, investing in scalable startups across Sustainability, Industry, Tech, and Life Science.We invest from pre-seed to Series A, always co-investing with independent private investors to accelerate innovation and long-term success. Our portfolio spans sustainable solutions,industrial innovation, deep tech, SaaS, and life science, supporting startups that drive economic and environmental progress.With €430 million under management and over 1,000 investments since 2009, we have backed leading companies like MIPS, Tobii, and Neo4j, with notable exits to Google, Apple, Microsoft, and Qlik.Beyond capital, we offer engaged ownership, providing strategic guidance, active board participation, and access to an extensive investor network.Almi Invest is part of the Almi Group and is funded by the European Regional Development Fund, Almi AB, and regional partners.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Venture - Series Unknown, Seed
  • Geography: Sweden, Norway, United States

Investor stats

  • Total investments: 513
  • Round size: Seed $221k–$2.2M; Venture - Series Unknown $326k–$3.5M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — raised $64M in 2024

Portfolio highlights

  • Ambidex AB — helps food retailers create new revenue streams on their refrigeration systems by stabilizing the electricity grid.
  • Qulsar — Qulsar provides high precision time synchronization solutions for 5G, private mobile, industrial IoT and real time data applications and infrastructures. Its solution combines Time Synchronization as a Service (TSaaS) and open and proprietary software running on off the shelf (COTS) hardware. Qulsar's solutions span multiple precision levelsand slashes cost of ownership and operation.
  • Boka konferens — Boka konferens provides an online booking platform that allows users to browse and book conference rooms and venue space for corporate offices. Their products serve consumers. For inquiries, their telephone number and email address are available on their website.
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LocalGlobe
VC Fund · London, England, United Kingdom · 203 investments in Europe SaaS startups

Seeding ambitious founders at places like @citymapper, @improbableio,@teamkano, @moo, @songkick,@seedcamp, @transferwise and @zoopla since 1999. Who's next?

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Investment focus

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

Investor stats

  • Total investments: 434
  • Round size: Seed $1.5M–$12M; Pre-Seed $1M–$5.1M; Series A $4.2M–$33M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — raised $500M in 2022

Portfolio highlights

  • nPlan — AI that forecasts project outcomes, creates scenarios of the future and helps mitigate risk across single projects and portfolios. Trained on over 750,000 past programmes.
  • Stream — Stream is a financial services firm that allows employees to stream their earned wages into their accounts through an instant app. The app allows them to have complete control over when they get paid. It also effectively ends the need for employee advances, loans, and employee stress suffered from short-term, unplanned financial obligations. Thecompany aims to play a key role in reducing the poverty premium and preventing employees from entering cycles of debt caused by overdraft fees, high-interest credit, or payday loans.
  • Resolutiion — Resolutiion provides AI-powered software for managing commercial conflict, delivery risk, and business relationship performance. The platform supports organizations with dispute detection, workflow automation, contract monitoring, issue resolution, and operational risk management across customers, suppliers, workforce teams, and commercialpartnerships. Its system uses AI-driven analysis to identify relationship friction, monitor delivery performance, and support structured resolution processes. Resolutiion also provides commercial intelligence tools, reporting, and collaboration features for enterprise delivery and governance management.
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Access 48,091 investors

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

Browse database — It's Free!
Index Ventures
VC Fund · San Francisco, California, United States · 202 investments in Europe SaaS startups

Index Ventures is an international venture capital firm with dual headquarters in San Francisco and London, investing in technology-enabled companies with a focus on e-commerce, fintech, mobility, gaming, infrastructure/AI, and security.

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Investment focus

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

Investor stats

  • Total investments: 1537
  • Round size: Seed $1.5M–$15M; Series A $5M–$35M; Series B $12M–$100M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely actively investing — fresh fund, raised $400M in 2026

Portfolio highlights

  • Apron — Apron brings payments, expenses, and accounting together in one platform. Built for business owners, accountants, and finance teams.
  • Gluster — Gluster is an open source, distributed file system that is capable of scaling to several petabytes and handling many clients. In order to simplify the task of storing and managing the growth of unstructured data, Gluster has created and delivered open source scale-out cloud storage software. It allows enterprises to combine large numbers ofcommodity storage and compute resources into a high performance, virtualized, and centrally managed pool. Gluster has been deployed by hundreds of global enterprises and service providers across industries including media, healthcare, consumer internet, energy, and biotech. It is based on a stackable user space design and can deliver high performance for diverse workloads. It has many attributes that includes: Scalability and Performance, Global Namespace, Elastic Hash Algorithm, Elastic Volume Manager, and Standards-based. Gluster is privately-held and headquartered in Sunnyvale, California.
  • StorSimple — Learn how to migrate a StorSimple 8100 or 8600 appliance to Azure File Sync.
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Entrepreneurs First
VC Fund · London, England, United Kingdom · 196 investments in Europe SaaS startups

We turn exceptional individuals into funded founders. We back you first, then give you a bridge to Silicon Valley.

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Investment focus

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

Investor stats

  • Total investments: 478
  • Round size: Seed $54k–$6.5M; Pre-Seed $55k–$2.7M; Series A $5.1M–$41M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely actively investing — fresh fund, raised $133M in 2026

Portfolio highlights

  • Sourcepulse — Your early warning system for software delivery (YC S23)
  • Open Cosmos — Open Cosmos design, build and operate space missions, providing straightforward access to high quality satellite data and insights on a global scale.
  • HelmGuard AI — HelmGuard develops an AI-driven trust infrastructure platform for security, compliance, and third-party risk management. The company provides an operational risk infrastructure layer that centralizes fragmented security, compliance, and vendor data into a structured repository. Its platform coordinates autonomous, domain-specific AI agents thatperform continuous data indexing, compliance mapping, automated vendor assessments, and real-time security tracking. HelmGuard includes a risk operating system, a zero-knowledge verification engine for selective disclosure and cryptographic-style proofs, and persona-specific risk intelligence reporting. These capabilities support first-party, third-party, and customer-facing workflows across sectors such as financial services, SaaS, and healthcare. The platform is used by security, risk, and compliance teams to maintain continuous oversight of internal controls, vendor posture, and regulatory obligations while generating tailored, natural-language reports for business stakeholders.
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Ascension
VC Fund · London, England, United Kingdom · 192 investments in Europe SaaS startups

Pre-seed and seed investors backing 300+ ambitious founders from day one.

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Investment focus

  • Industry: Software, FinTech, Internet
  • Stage:Seed, Pre-Seed
  • Geography: United Kingdom, United States, Italy

Investor stats

  • Total investments: 318
  • Round size: Seed $229k–$4.1M; Pre-Seed $261k–$2.5M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — raised $21M in 2024

Portfolio highlights

  • Qureight — Pioneering data curation to solve complex diseases
  • Saltroad — Get matched with an experienced HCPC Speech and Language Therapist based on your child's needs, your budget and your schedule. Loved by parents & children.
  • Merx — Grow contactability, data quality and customer lifetime value with AI agents on WhatsApp.
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Octopus Ventures
VC Fund · London, England, United Kingdom · 183 investments in Europe SaaS startups

We provide venture capital investment for the people, ideas and industries that will change the world. Learn about what we do and the kind of founders we back.

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Investment focus

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

Investor stats

  • Total investments: 432
  • Round size: Seed $2.1M–$13M; Series A $3.8M–$22M; Series B $7.5M–$43M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: May invest from a new fund soon — raised $108M in 2019

Portfolio highlights

  • Grasp — Grasp is the world's first AI analyst for finance professionals. Our AI analyst automates company and market research for investment banks, private equity firms, and management consulting firms across the world.
  • Resolutiion — Resolutiion provides AI-powered software for managing commercial conflict, delivery risk, and business relationship performance. The platform supports organizations with dispute detection, workflow automation, contract monitoring, issue resolution, and operational risk management across customers, suppliers, workforce teams, and commercialpartnerships. Its system uses AI-driven analysis to identify relationship friction, monitor delivery performance, and support structured resolution processes. Resolutiion also provides commercial intelligence tools, reporting, and collaboration features for enterprise delivery and governance management.
  • Monkey Bizness — Monkey Bizness is the largest provider of indoor family entertainment centres in the UK. Each centre includes a children's soft play area and is designed to provide a safe, clean and fun environment in which parents and children can feel comfortable. Monkey Bizness' centres provide a setting that encourages children to express themselvesthrough creativity and play as well as providing fresh and nutritious food to keep kids happy and healthy.Monkey Bizness currently has centres in eight locations: Lewes, Gosport, Poole, Sheffield, Stevenage, Hull Edinburgh and Glasgow.
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FJ Labs
VC Fund · New York, New York, United States · 178 investments in Europe SaaS startups

FJ Labs is a stage-agnostic investment firm that focuses on marketplaces and consumer facing startups.

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Investment focus

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

Investor stats

  • Total investments: 1781
  • Round size: Seed $1.2M–$9.5M; Series A $5M–$30M; Series B $10M–$65M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: May invest from a new fund soon — raised $5.5M in 2016

Portfolio highlights

  • HUNTY — HUNTY is a platform that help people find jobs by connecting them with world class mentors who prepare them for the job search process. And people only pay when they get hired.
  • Lastro — Lastro is building Lais, an autonomous AI worker for real estate agencies, starting in Brazil. Our AI agent initially automated lead engagement and qualification via WhatsApp, helping brokerages boost revenue and improve marketing ROI. In each brokerage, Lais acts as a personalized AI “team member” that engages with leads instantly, searches forproperties and answers common inquiries. Brokerages that have Lais in their teams are growing quickly and reporting up to 60% increases in lead conversion rates.
  • Odyssey — Discover how Odyssey Energy Solutions unblocks bottlenecks in DRE project development. Access diverse financing, procure equipment efficiently, and remotely monitor system performance. Join over 2000 renewable energy companies that use Odyssey to scale. Get in touch today.
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Seedcamp
VC Fund · London, England, United Kingdom · 173 investments in Europe SaaS startups, 32 in the past 12 months

Seedcamp is Europe's seed fund, identifying and investing early in world-class founders attacking large, global markets and solving real problems using technology. The Seedcamp Nation includes over 400 startups building breakout businesses that change the way people live, interact and buy and includes publicly listed UiPath, Wise, and unicornsRevolut, Hopin, Sorare, Pleo, and wefox along with fast-growing businesses such as Grover, viz.ai and Ezra. Seedcamp fast-tracks a founder's vision and creates value through immediate access to smart capital, a lifelong community of support and a global network built upon more than a decade's experience backing exceptional talent.Seedcamp fast-tracks a founder's vision and creates value through immediate access to smart capital, a lifelong community of support, and a global network built upon more than a decade's experience backing exceptional talent.

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Investment focus

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

Investor stats

  • Total investments: 308
  • Lead/follow: no public data

Portfolio highlights

  • Sylvera — Sylvera Carbon offset ratings make offset quality and risks transparent. We make offsets auditable for offset sellers, intermediaries, buyers and investors.
  • Outverse — A community platform that's easier to use, better organised and designed for real interaction.
  • Dust — Dust is a platform for creating sophisticated processes based on large language models and semantic search.
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HV Capital
VC Fund · Munich, Bayern, Germany · 158 investments in Europe SaaS startups

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

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Investment focus

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

Investor stats

  • Total investments: 506
  • Round size: Seed $1.5M–$12M; Series A $3.3M–$37M; Series B $7.7M–$80M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — raised $783M in 2023

Portfolio highlights

  • Exein — Exein develops embedded cybersecurity solutions designed to secure Internet of Things (IoT) and connected devices. The company provides a platform that integrates security directly into the firmware of embedded systems, enabling real-time threat detection, monitoring, and response. Exein’s technology focuses on runtime protection and behavioranalysis at the edge, helping manufacturers secure devices without requiring major hardware changes or external software agents. Its solution is compatible with widely used real-time operating systems (RTOS) and Linux-based environments, allowing for flexible integration across different devices. The company also offers tools for vulnerability assessment and threat intelligence tailored for firmware-level defense. Exein supports developers with APIs and SDKs to incorporate security features during the product development phase. Through its platform, the company addresses growing security risks in critical sectors such as automotive, industrial automation, and consumer electronics.
  • Flip — The AI employee experience platform for frontline workers without a company email. Flip unites comms, HR, identity and AI in one app. Book a demo.
  • Ore Energy — Ore Energy is creating a new generation, cost effective, long-duration energy storage solution which will enable a decarbonized energy future by utilizing some of the most readily available materials
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Fuel Ventures
VC Fund · London, England, United Kingdom · 158 investments in Europe SaaS startups

Fuel Ventures - a leading early stage seed / growth stage EIS Fund based in London, UK. Investing in the most ambitious technology companies.

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Investment focus

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

Investor stats

  • Total investments: 255
  • Round size: Seed $674k–$4.9M; Pre-Seed $313k–$1.7M; Series A $4.4M–$24M
  • Lead/follow: 76% lead, 24% follow
  • Last fund: Likely still investing — raised $126M in 2023

Portfolio highlights

  • AI Score — AI Score empowers organisations to harness AI safely
  • Souk — Coco is an AI partnerships manager: she finds partners, activates them, and handles agreements, attribution and payouts.
  • Vouchsafe — Vouchsafe the world's first real-time fraud bureau. We provide one simple API that returns an instant fraud risk score for a set of customer details.
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Portugal Ventures
VC Fund · Porto, Lisboa, Portugal · 157 investments in Europe SaaS startups

Verticals:Enterprise, SaaS, Security, Networks, AI, VR/AR, Marketplace, Blockchain, Internet of Things, New materials, Electronics, Robotics, Cleantech, Agrotech, Seatech, Therapeutics, Digital Health, Diagnostics, Innovative Accommodation, Tourist Entertainment Companies, Tour Operators, Wine, Nautical and Equestrian Tourism, Theme ParksMobile, Robotics Founded in 2012, Portugal Ventures is a venture capital firm based in Porto, Portugal. The firm is a part of the Banco Português de Fomento group. The firm seeks to invest in pre-seed, seed and series A stages

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Portugal, United States, France

Investor stats

  • Total investments: 369
  • Round size: Seed $121k–$2M; Pre-Seed $107k–$796k; Venture - Series Unknown $121k–$3.6M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Aptoide — Find, discover and download the best apps and games for Android in the official Aptoide app store
  • Omniflow — Omniflow provides solutions powered by wind and solar for public spaces, Smart Lamppost, Smart Bench, Solar Smart Lighting, IoT Software, , Smart Pole, Smart City, Sustainability, CO2 reduction, decarbonization, Sustainable services
  • Codeplace — The best place to develop your coding skills with a comprehensive, specially curated list of tutorials and books.
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Partech
VC Fund · Paris, Ile-de-France, France · 154 investments in Europe SaaS startups

Partech is a global venture capital firm with offices in San Francisco, Paris, Berlin and Dakar. Partech invests in Internet and information technology startups at seed, venture and growth stages.

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Investment focus

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

Investor stats

  • Total investments: 678
  • Round size: Seed $1.1M–$9M; Series A $4.5M–$28M; Series B $9M–$56M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely actively investing — fresh fund, raised $345M in 2026

Portfolio highlights

  • Mercanis — Source services smarter and drive automation along your source-to-settle process. Discover how Mercanis enables you to collaborate with best-in-class suppliers across your departments.
  • TeamToolz — TeamToolz creates and implements user-friendly applications that simplify and streamline the creation, management and archiving of marketing communications. Addressing the urgency of time to market, our web-based tools better enable entire brand launches by coordinating the workflow of multiple outside agencies and internal groups, for moreintegrated worldwide brand management.
  • Revibe — Buy refurbished & used electronics (Smartphones, Laptops) in UAE at Revibe. Free delivery & 12 months warranty. Certified tech by our experts. Order Now!
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Wayra
VC Fund · Madrid, Madrid, Spain · 153 investments in Europe SaaS startups

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

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A
  • Geography: Spain, United Kingdom, United States

Investor stats

  • Total investments: 436
  • Round size: Seed $54k–$2.6M; Series A $2.5M–$16M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2017

Portfolio highlights

  • 1DOC3 — 1doc3 is a e-health platform that connects 490 million of Spanish speaking people with licensed and trusted doctors. Users find personalized answers to their health related questions. Doctors build their online reputation, find new patients and create the biggest health related questions and answers curated database in Spanish. The Platform isavailable via web, App, SMS and USSD, allowing the entire population to have access to a Doctor no matter where they are, or even if they don't have internet access.
  • LetsData — LetsData is an AI-power radar against disinformation. LetsData provides real-time media and social media monitoring in over 50 countries, empowering state agencies, businesses, and civil societies to proactively navigate risks and seize opportunities in the face of disinformation.
  • Quantum Bridge — Quantum Bridge is a pioneer in Distributed Symmetric Key Exchange (DSKE) technology. It offers quantum-safe cybersecurity products and services. Quantum-safe product and services, Quantum-safe roadmap and quantum-safe solutions implementation.
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Business Growth Fund
VC Fund · London, England, United Kingdom · 150 investments in Europe SaaS startups

BGF is the most active equity investor in the UK and Ireland, providing long-term, minority investment to growing companies.

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Venture - Series Unknown, Private Equity, Series A
  • Geography: United Kingdom, Ireland, United States

Investor stats

  • Total investments: 561
  • Round size: Series A $4.1M–$21M; Private Equity $6.4M–$27M; Venture - Series Unknown $3.4M–$16M
  • Lead/follow: 86% lead, 14% follow
  • Last fund: Likely still investing — raised $97M in 2022

Portfolio highlights

  • Inoapps —
  • Flowline —
  • TMT ID — A leading provider of global mobile and device intelligence. We power leading identity providers, A2P SMS messaging companies and financial organisations.
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Scottish Investment Bank
VC Fund · Glasgow, Glasgow City, United Kingdom · 149 investments in Europe SaaS startups

Speak with our team, who can help you find sources of finance, engage with funders and secure investment to grow your business.

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Investment focus

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

Investor stats

  • Total investments: 276
  • Round size: Seed $331k–$3.1M; Series A $1.7M–$7.5M; Venture - Series Unknown $244k–$4.1M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Bio-Images Drug Delivery — BDD Pharma combine drug delivery expertise and clinical capabilities to accelerate product development pipelines, enable life cycle management and new innovative pharmaceutical products. Rapid parallel clinical testing with SWIFT significantly reduces time from product concept to clinical success.
  • IOTech — Discover IOTech Systems. Deploy, manage, and scale AI-driven, data-rich industrial systems at the edge with our open edge data platform.
  • Administrate — Manage instructor-led training with Administrate. Plan, schedule, communicate, resolve issues, and report on training operations from one platform.
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Par Equity
VC Fund · Edinburgh, Edinburgh, City of, United Kingdom · 149 investments in Europe SaaS startups

Founded in 2008, Par Equity is a venture capital firm that backs the most innovative, high growth technology companies in the North of the UK. Based in Edinburgh, Par invests across Northern England, Northern Ireland and Scotland.

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Investment focus

  • Industry: Software, Manufacturing, Information Technology
  • Stage:Venture - Series Unknown, Seed
  • Geography: United Kingdom, United States, Brazil

Investor stats

  • Total investments: 278
  • Round size: Seed $416k–$4.3M; Venture - Series Unknown $113k–$3.4M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: Likely still investing — raised $122M in 2023

Portfolio highlights

  • Fuuse — Fuuse is an electric vehicle charge point management system that enables your chargers to deliver more for you and your drivers.
  • PathXL — Cirdan provides highly reliable, innovative LIS & imaging solutions for the acceleration & enhancement of diagnosis, optimized for pathology & clinical lab.
  • Skylark Lasers — UniKLasers specialises in single frequency, continuous wave DPSS lasers at mid- to high power. Suitable for Raman, Holography, Interferometry, Microscopy, Metrology, Quantum Technologies, and more
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Force Over Mass Capital
VC Fund · London, England, United Kingdom · 143 investments in Europe SaaS startups

Force Over Mass Capital is an FCA regulated venture capital firm focused on early stage technology investments across UK and Europe. We invest in B2B innovation across four verticals, i.e. Fintech, Artificial Intelligence, SaaS and Industry 4.0.FOM cap operates both seed and scale-up funds to support early stage businesses through their growthjourney.

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Investment focus

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

Investor stats

  • Total investments: 197
  • Round size: Seed $420k–$4.8M; Pre-Seed $241k–$2.4M; Series A $3.1M–$18M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: May invest from a new fund soon — raised $131M in 2020

Portfolio highlights

  • Finovox — Finovox provides a solution for detecting false documents. They offer investigative tools to analyze, understand, and explain fraud. Additionally, they provide users with hard evidence of fraud.
  • Artificial Labs — Build your future placement and underwriting strategy with Artificial's pioneering technology.
  • Stoa Corporation — Unlock perks when you save. Saving, reimagined - get high-value perks upfront, not small bank interest.
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Point Nine
VC Fund · Berlin, Berlin, Germany · 138 investments in Europe SaaS startups

Point Nine Capital is a Berlin-based venture capital firm focused exclusively on early-stage Internet investments in areas like Software-as-a-Service (SaaS), online marketplaces, and mobile.The fund and its managers, Pawel Chudzinski and Christoph Janz have backed a number of highly successful Internet companies such as Delivery Hero, Clio,Shiftplanning, Vend, Typeform, and Zendesk from their earliest stages.

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Investment focus

  • Industry: Software, SaaS, Internet
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United States, France

Investor stats

  • Total investments: 295
  • Round size: Seed $891k–$7.7M; Series A $3.2M–$24M; Series B $9M–$62M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — raised $173M in 2022

Portfolio highlights

  • Sereact — The only real-world verified Vision-Language-Action AI. Proven at scale. Trained on the world's largest dataset of robotic picks.
  • Delivery Hero — Delivery Hero is the world's leading local delivery company. We are on a mission to deliver an amazing experience - fast, easy, and to your door.
  • Polar Analytics — Your Shopify Analytics. Effortless. Centralized. Smart. Connect your datasource in one clic, automatically calculate KPIs. Visualize them all in one place. Get alerts and recommendations in realtime
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Balderton Capital
VC Fund · London, England, United Kingdom · 136 investments in Europe SaaS startups

In the two decades since our founding, we have worked with hundreds of extraordinary European founders, and have raised eight funds totalling more than $3bn.

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Investment focus

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

Investor stats

  • Total investments: 446
  • Round size: Series A $4.5M–$30M; Series B $9.3M–$100M; Series C $13M–$160M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — raised $615M in 2024

Portfolio highlights

  • NewBay — NewBay enables operators and device makers to deliver a lifetime of digital content experiences across any connected device such as mobile, PC, tablets and TV. The NewBay white label software platform powers cloud-based services for storing, sharing, accessing and organizing digital content. NewBay enables customers to monetize a wide range ofbranded services such as social networking, photo and video albums, digital vault, notifications and converged messaging. NewBay is delivering highly successful commercial services for operators and device makers worldwide. Customers include T-Mobile, Telefonica O2, Orange, U.S. Cellular, AT&T, Telstra, Verizon and LG Electronics. NewBay is processing millions of messages daily and stores billions of media for live operator and device maker services. NewBay is based in Dublin, Ireland; Seattle, USA; Atlanta, USA; London, UK; Sydney, Australia and Seoul, South Korea. NewBay was founded in 2002. Following acquisition in 2011, NewBay is a wholly owned subsidiary of Research In Motion Limited (RIM).
  • GitGuardian — GitGuardian provides a platform for detecting and managing sensitive digital credentials and machine identities within software development environments. The company’s solutions scan source code repositories, cloud infrastructure configurations, and other development tools to identify exposed secrets such as API keys, security tokens, andcertificates that could be inadvertently committed. Its offerings include internal monitoring tools that help organizations observe secrets within private codebases and public monitoring capabilities to uncover leaks that occur in publicly accessible repositories. GitGuardian also supports governance over non‑human identities by maintaining inventories of machine accounts and associated credentials while offering contextual insights and workflows to assist security teams in prioritizing and addressing potential risks. The platform integrates with a variety of developer and security tools to bring visibility into hidden credentials across a technology stack and to support collaborative remediation activities. GitGuardian delivers automated detection paired with incident tracking features that assist in classifying exposures and guiding corrective actions throughout the software development lifecycle. The company’s technology targets security, DevOps, and compliance functions that aim to strengthen credential hygiene and reduce chances of unauthorized access within organizational systems.
  • Quantum Systems — Our vision is to become the global leader in providing aerial data for decision making by the use of our drones.
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Global Founders Capital
VC Fund · Berlin, Berlin, Germany · 136 investments in Europe SaaS startups

Over the past two decades, GFC have backed over five hundred entrepreneurs worldwide, e.g. Facebook, LinkedIn, Slack, and Away Travel.

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Investment focus

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

Investor stats

  • Total investments: 1109
  • Round size: Seed $1.2M–$8.8M; Pre-Seed $575k–$5M; Series A $5M–$30M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: May invest from a new fund soon — raised $2B in 2018

Portfolio highlights

  • sevDesk — Deutschlands beliebteste Buchhaltungssoftware: Rechnungen& Angebote erstellen, Buchhaltung erledigen, Kunden- &Lagerverwaltung u.v.m.
  • Cambridge Aerospace — Our mission is to eliminate the risk of existential war in Europe.
  • Arrakis Technologies — Arrakis partners with ambitious companies to deploy secure AI in production, taking them from experimentation to real-world impact at warp speed.
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APX
VC Fund · Berlin, Berlin, Germany · 135 investments in Europe SaaS startups

APX is Europe’s leading very-early-stage VC. Based in Berlin and backed by Axel Springer and Porsche, we support and partner with the most ambitious founding teams from Europe and beyond - often as their first investor.We invest up to EUR 500K in startups until a series A starting with a quick EUR 50K investment, and within a few months,depending on traction and speed, we can invest further. Each month we invest in new teams who become part of the APX community, counting hundreds of other founders. Since 2018, we have invested in 100+ startups across 20+ industries with founders from 20+ countries together with 100+ co-investors.

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Investment focus

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

Investor stats

  • Total investments: 211
  • Round size: Seed $1M–$5M; Pre-Seed $55k–$1.4M; Series A $2.1M–$15M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $67M in 2021

Portfolio highlights

  • VisioLab — Instantly scan products for self-checkout, using the iPad camera - no barcodes needed. Designed for speed, simplicity and human centricity.
  • Bloom — Moved to @bloomsocial
  • Track Titan — Titan Academy revolutionises how gamers improve through fully automated coaching.
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IBB Ventures
VC Fund · Berlin, Berlin, Germany · 134 investments in Europe SaaS startups

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

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Investment focus

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

Investor stats

  • Total investments: 260
  • Round size: Seed $1M–$4.6M; Series A $2.3M–$11M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: Likely still investing — raised $120M in 2022

Portfolio highlights

  • Nenna AI — Nenna AI is a powerful AI enablement platform designed for the secure application of AI technologies.
  • Jurafuchs — Jurafuchs provides legal education via a mobile app.
  • AERLIN — AERLIN GmbH is an innovative aerospace technology company based in Berlin, Germany, focused on designing and manufacturing a next-generation flying-wing aircraft platform. The company aims to transform regional and light aviation by moving away from traditional tube-and-wing designs. Instead, they use a highly efficient airframe architectureinspired by the aerodynamic principles of the albatross. Their scalable platform is engineered to support clean propulsion technologies—including Sustainable Aviation Fuels (SAF), hybrid systems, and battery-electric power—without compromising payload volume, cruise range, or passenger comfort.
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CDP Venture Capital
VC Fund · Rome, Lazio, Italy · 133 investments in Europe SaaS startups

CDP Venture Capital Sgr - National Innovation Fund aims to make venture capital a cornerstone of the country's economic development and innovation, creating the conditions for an overall and sustainable growth of the venture capital ecosystem.

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Investment focus

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

Investor stats

  • Total investments: 297
  • Round size: Seed $483k–$7.7M; Series A $3.3M–$23M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $212M in 2021

Portfolio highlights

  • Evja — Evja supports growers in optimizing the management and monitoring of irrigation, nutrition and protection of their crops through the use of OPI, the most advanced system for precision agriculture .
  • Mopso — Discover Mopso's anti money laundering detection system. Visit our website and try a 30 minutes free demo with one of our experts.
  • Tretau — E-mobility is powered by its core - the electric motor. We at Tau are at the very core of the core: the copper winding wire, the magnetic core, the electrical steel.We just make it bet.
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Notion Capital
VC Fund · London, England, United Kingdom · 130 investments in Europe SaaS startups

Notion Capital is a VC firm focused on European SaaS and Cloud.

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Investment focus

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

Investor stats

  • Total investments: 287
  • Round size: Seed $1.1M–$8.1M; Series A $4.5M–$28M; Series B $7.5M–$66M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely actively investing — fresh fund, raised $130M in 2025

Portfolio highlights

  • Volo Commerce — Volo brings together data and intelligence from all over the commerce ecosystem and uses AI to provide real-time actionable insights.
  • Endra — Endra is a purpose-built platform for modern MEP engineering. Generate 3D models and drawings, sync with Revit and enjoy coordinated design workflows.
  • Pivot — Pivot operates as a fintech company.
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MMC Ventures
VC Fund · London, England, United Kingdom · 129 investments in Europe SaaS startups

MMC is an early-stage venture capital fund investing in exceptional entrepreneurs across Europe.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, United States, France

Investor stats

  • Total investments: 258
  • Round size: Seed $1.4M–$9.8M; Series A $2.9M–$19M; Series B $10M–$54M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — raised $129M in 2019

Portfolio highlights

  • ABEX — Algorithmic Best Execution for digital assets driven by an ultra low latency, high frequency, agency trading engine and enhanced by deep quantitative research.
  • sable bio — We provide comprehensive, quantified, and flexible Target Safety Intelligence to assist toxicologists, informaticians, and drug discovery scientists in delivering safe and effective new treatments.
  • Stanhope AI — Stanhope AI is a deep-tech startup based in London with a strong background in neuroscience, robotics and fintech. We are bringing Active Inference to market as a novel framework for autonomous decision-making. To contend with the challenges of contemporary AIs, our distinct approach aims to offer
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Techstart Ventures
VC Fund · Belfast, Belfast, United Kingdom · 126 investments in Europe SaaS startups, 6 in the past 12 months

Techstart Ventures is a first-cheque investor for extraordinary founders pursuing uncapped global opportunities.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Pre-Seed
  • Geography: United Kingdom, Ireland, United States

Investor stats

  • Total investments: 206
  • Round size: Seed $233k–$4M; Pre-Seed $197k–$1.3M
  • Lead/follow: 51% lead, 49% follow

Portfolio highlights

  • Go Swag — Branded gifts for people you work with
  • Saltroad — Get matched with an experienced HCPC Speech and Language Therapist based on your child's needs, your budget and your schedule. Loved by parents & children.
  • Foresight — Foresight turns regulatory change into confident action. Compliance-critical teams see every change that affects their products across chemicals, sustainability, product safety, ESG, and HSE, with the evidence to act.
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Bayern Kapital
VC Fund · Landshut, Bayern, Germany · 126 investments in Europe SaaS 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: 256
  • Round size: Seed $1.7M–$5.9M; Series A $3.9M–$32M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — raised $29M in 2010

Portfolio highlights

  • Hema.to — Flow cytometry analysis software, re-imagined. From raw FCS and LMD data to finalized report with AI-powered CellStudio.
  • 4.screen — The Driver Interaction Platform. Connect with drivers in real-time to deliver personalized and targeted campaigns.
  • inContAlert — inContAlert is a deep tech start-up disrupting the field of incontinence. The technology of inContAlert helps people with bladder dysfunction to monitor the filling level of their urinary bladder.inContAlert, therefore, developed an mHealth device, which collects and analyzes data with the help of deep learning algorithms. The information is thendisplayed on an app and sends an alert to incontinence patients when a predefined filling level is reached. inContAlert thereby minimizes the risk of an uncontrolled loss of urine or the harmful distension of the bladder. With the help of inContAlert, incontinence patients can go back to normal and live a carefree life.
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Episode 1
VC Fund · London, England, United Kingdom · 124 investments in Europe SaaS startups

We build relationships early, make decisions quickly, but engage with you for the long term. Our focus is getting B2B software companies at Pre-Seed and Seed to a successful Series A.

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Investment focus

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

Investor stats

  • Total investments: 173
  • Round size: Seed $1M–$5M; Pre-Seed $1M–$4M; Series A $5.1M–$18M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $96M in 2024

Portfolio highlights

  • RevEng — RevEng.AI is a cyber security and artificial intelligence company that helps organizations understand their cyber security supply chain. RevEng.ai identifies fundamental components of closed-source program binaries and generates real-valued vector embeddings for each component.
  • sable bio — We provide comprehensive, quantified, and flexible Target Safety Intelligence to assist toxicologists, informaticians, and drug discovery scientists in delivering safe and effective new treatments.
  • SimplyCook — SimplyCook offers home recipe kits with easy step-by-step guides to cook restaurant-quality food in less than 20 minutes.SimplyCook boxes contain 4 easy to follow recipes and 4 ingredient kits. Each kit is designed to provide perfect taste-containing ingredient blends devised by professional chefs.
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Accel
VC Fund · Palo Alto, California, United States · 124 investments in Europe SaaS startups

First partner to exceptional teams everywhere

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Investment focus

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

Investor stats

  • Total investments: 2431
  • Round size: Seed $1.4M–$10M; Series A $4.4M–$40M; Series B $9.5M–$75M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely actively investing — fresh fund, raised $750M in 2026

Portfolio highlights

  • MoPub — Reach over a billion daily users in mobile games. AppLovin helps consumer brands and gaming apps scale their business profitably.
  • Cloudera — Cloudera delivers a hybrid cloud platform for any data, anywhere, from the Edge to AI.
  • Perplexity — Perplexity is a search engine platform that uses artificial intelligence to provide large language models and search engines. The company's platform enables the development of beneficial artificial general intelligence, as well as an open-source environment that is accessible to the public, allowing clients to develop skills and knowledge inartificial intelligence.
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Earlybird Venture Capital
VC Fund · Berlin, Berlin, Germany · 123 investments in Europe SaaS startups

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

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Investment focus

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

Investor stats

  • Total investments: 394
  • Round size: Seed $1.5M–$14M; Series A $4.4M–$35M; Series B $6M–$75M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely actively investing — fresh fund, raised $422M in 2026

Portfolio highlights

  • Avrea — Avrea is the CI/CD platform built for the age of AI, helping teams ship software faster, more often, and with higher quality.
  • Hilo — Get stress-free readings round the clock with Hilo's clinically validated blood pressure monitor. Learn more
  • Neuracore — The robot skill creation engine: collect demonstrations, curate datasets, train imitation and reinforcement learning policies, and deploy them on real robots, all on one platform.
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DN Capital
VC Fund · Menlo Park, California, United States · 123 investments in Europe SaaS startups

DN Capital is an early-stage venture capital firm that invests primarily in Europe and North America. The firm focuses on companies that plan to establish operations on both sides of the Atlantic, and strives to help its companies build international businesses. Founded in 2000, the company has operations in London and Silicon Valley. DN Capital’sprevious funds are top performers and the firm is one of the lead investors in companies such as Endeca (sold to Oracle), Shazam (one of the world’s leading mobile app), Auto1 (world's largest used car marketplace), Purplebricks (IPO London) and Quandoo (sold to Recruit).

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Investment focus

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

Investor stats

  • Total investments: 437
  • Round size: Seed $1M–$12M; Series A $4.5M–$25M; Series B $10M–$82M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Gaussion — Gaussion is revolutionising batteries by utilising magneto-electrochemistry.
  • unique.ai — Automate personalized experiences to successfully transform your organization.
  • sherpa — AI Operating System for External Workforce Management
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Northstar Ventures
VC Fund · Newcastle Upon Tyne, Newcastle upon Tyne, United Kingdom · 123 investments in Europe SaaS startups, 6 in the past 12 months

Northstar Ventures invests venture capital in early and later stage, high growth companies tackling global challenges, focusing on climate tech and healthy ageing.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: United Kingdom, United States, Indonesia

Investor stats

  • Total investments: 238
  • Round size: Seed $43k–$2M; Series A $295k–$10M; Venture - Series Unknown $261k–$3.8M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — raised $20M in 2024

Portfolio highlights

  • H2CHP — H2CHP's Free Piston Engine Technology enables your transition to green energy with the reliability & confidence of fuel flexibility.
  • Land Digital — Land Digital is a tech, web design, web creation, content marketing, digital marketing, SEO, and mobile application agency.
  • Advanced Electric Machines — Our magnet free motors help manufacturers build more sustainable vehicles and products. See how we can help you today.
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Motier Ventures
VC Fund · Paris, Ile-de-France, France · 123 investments in Europe SaaS startups, 13 in the past 12 months

Motier Ventures is the Family Office managing the investments in Tech start-ups made by the owners of the Galeries Lafayette Group.We are a value-added business angel. At scale.We provide agile and patient capital, investing up to €300k as Business Angel in your early days and following with up to €3m on next rounds. Our favorite investmentthemes include Future of Commerce, FinTech, Web3 Picks & Shovels, Creative Technologies and Cybersecurity.We bring for your business 125 years of experience in entrepreneurship and a wide network within our brands (Galeries Lafayette, La Redoute, BHV, Citynove...) and across many industries.If you are aiming at changing the game in your industry, we would be happy to connect.

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Investment focus

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

Investor stats

  • Total investments: 212
  • Round size: Seed $2.7M–$17M; Pre-Seed $1.6M–$3.4M; Series A $11M–$27M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Bondio — Connect instantly to 1000+ networks in 200+ countries, with 0 commitments
  • Linc — Linc is a platform that delivers data retrieval and analysis services tailored to business needs. The company offers solutions supporting bookkeeping and payroll workflows alongside information management capabilities. Linc offerings streamline data management processes and enable organizations to operationalize their data more effectively.
  • Concord — Concord is the agentic infrastructure for media buying, turning media plans into governed campaign execution across advertising platforms.
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Elaia
VC Fund · Paris, Ile-de-France, France · 121 investments in Europe SaaS startups

Elaia is French venture capital firm focused on European digital and deep tech startups, from early stage to growth developpement. We back tech disruptors.

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Investment focus

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

Investor stats

  • Total investments: 237
  • Round size: Seed $1.1M–$7.6M; Series A $2.7M–$23M; Series B $4.2M–$50M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely actively investing — fresh fund, raised $154M in 2026

Portfolio highlights

  • Hema.to — Flow cytometry analysis software, re-imagined. From raw FCS and LMD data to finalized report with AI-powered CellStudio.
  • Ornikar — Ornikar is an online driving school that offers radically cheaper, uncomplicated and faster offer to obtain a driving license.Ornikar relies on a network of state-qualified teachers to offer an apprenticeship in mobile driving at reduced prices. The cmpany is an an online driving school more in tune with the demand of current and futuregenerations.The company's mission is to make the driver's license exam cheaper and its learning more enjoyable.
  • Sim&Cure — Providing Physicians with advanced endovascular treatment solutions for a better Patient Care
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Creandum
VC Fund · Stockholm, Stockholms Lan, Sweden · 120 investments in Europe SaaS startups, 21 in the past 12 months

We support early-stage founders in building global, category-defining companies. From Seed to IPO and beyond.

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Investment focus

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

Investor stats

  • Total investments: 321
  • Round size: Seed $1.8M–$17M; Series A $5.5M–$35M; Series B $10M–$80M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — raised $545M in 2024

Portfolio highlights

  • Rillet — Rillet automates majority of month-end close and offers powerful GAAP and SaaS reporting. The software has built-in revenue recognition, invoicing, and AI-powered accounting.
  • Jack & Jill AI — Jack helps candidates find the perfect job and Jill helps companies find the perfect candidate.
  • OLIX — OLIX designs and manufactures optical processors that use light-based circuits to accelerate artificial intelligence workloads. The company develops Optical Tensor Processing Units that execute matrix and tensor operations for training and running inference on large-scale machine learning models. Its hardware aims to increase performance and reducepower consumption relative to conventional electronic accelerators by processing data in the optical domain. Flux Computing focuses on infrastructure for generative AI and advanced neural networks, targeting data centers and organizations that require intensive model computation. The product stack centers on custom optical chips integrated with supporting electronics, control software, and tools that link into existing AI frameworks. Sales and partnerships primarily address customers building large AI clusters, research environments, and emerging applications that benefit from high-throughput, low-energy computation.
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Atlantic
VC Fund · Berlin, Berlin, Germany · 120 investments in Europe SaaS 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, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Germany, Switzerland, United States

Investor stats

  • Total investments: 263
  • Round size: Seed $1.2M–$9.4M; Pre-Seed $850k–$3.5M; Series A $4.6M–$30M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely still investing — raised $110M in 2022

Portfolio highlights

  • Stenon — Stenon is a laboratory independent real-time soil analyst that offers solutions for agriculture.
  • 42matters — 42matters offers a full suite of mobile and connected TV app intelligence solutions, including APIs, file dumps, and visual, web-based platforms.
  • Phase0 — Payment platform for construction projects
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Cherry Ventures
VC Fund · Berlin, Berlin, Germany · 119 investments in Europe SaaS startups

Cherry Ventures is an early-stage venture capital firm led by a team of entrepreneurs with experience building fast-scaling companies such as Zalando and Spotify. The firm backs Europe's boldest founders, usually as their first institutional investor, and supports them in everything from their go-to-market strategy and the scaling of theirbusinesses. Cherry Ventures has previously invested in the seed stage of over 50 companies across Europe, including FlixBus, Auto1 Group, Infarm, Rows, Forto, and TourRadar. Cherry Ventures is based in Berlin and invests across Europe with operations in London, Paris, and Stockholm.

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Investment focus

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

Investor stats

  • Total investments: 293
  • Round size: Seed $1.9M–$14M; Series A $7.3M–$44M; Series B $14M–$117M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely actively investing — fresh fund, raised $500M in 2025

Portfolio highlights

  • Resolutiion — Resolutiion provides AI-powered software for managing commercial conflict, delivery risk, and business relationship performance. The platform supports organizations with dispute detection, workflow automation, contract monitoring, issue resolution, and operational risk management across customers, suppliers, workforce teams, and commercialpartnerships. Its system uses AI-driven analysis to identify relationship friction, monitor delivery performance, and support structured resolution processes. Resolutiion also provides commercial intelligence tools, reporting, and collaboration features for enterprise delivery and governance management.
  • Bits Technology — Bits Technology connects data sources & orchestrates workflows for financial tech services.
  • Black Forest Labs — Official Account: https://t.co/iF047jr0Yg @bfl_ai
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Charlie Songhurst
Angel · Greater Seattle Area, Washington, United States · 116 investments in Europe SaaS startups, 26 in the past 12 months

Charles Songhurst is a founding partner of Katana Capital, a long-short equity hedge fund. He also runs the Songhurst Group, which holds assets in a variety of private companies.Charles ran corporate strategy for Microsoft and focused on partnering and M&A. He was involved in the Yahoo acquisition and commercial deal, and the Skypeacquisition. Before running corporate strategy, Charles was focused on the emergence of Google and the growth of the search industry.Prior, Charles was an analyst at McKinsey & Company in London. Charles received a bachelor’s degree from Oxford University in politics, philosophy, and economics.

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Investment focus

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

Investor stats

  • Total investments: 253
  • Round size: Seed $1.1M–$8M; Pre-Seed $500k–$5.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Zeit AI — Zeit AI, founded by former Palantir engineers, generates a structured data base atop your tabular data files which you can query using natural language. For example, you suspect an efficiency in your organisation and you have a bunch of data files, instead of reading through all of them one by one in excel, you explore them in Zeit AI. Theycurrently offer a two-week pilot program where their engineers develop tailored solutions for data challenges involving CSV, Excel, or PDF files.
  • Uncovr — Surgical video is the biggest dark data in medicine. We turn it into operative reports, billing codes, and clinical intelligence automatically
  • Structured AI — Construction AI QA/QC software that automatically reviews drawing packages and catches errors, code issues, and coordination clashes before they reach the field.
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Tiny Supercomputer Investment Company
VC Fund · San Francisco, California, United States · 116 investments in Europe SaaS startups

Backing great companies when they're tiny

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Investment focus

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

Investor stats

  • Total investments: 196
  • Round size: Seed $1.2M–$8M; Pre-Seed $750k–$3.5M; Series A $7M–$37M
  • Lead/follow: 1% lead, 99% follow

Portfolio highlights

  • AUDIOGEN — Generate your sounds with AI. Create an infinite world of sounds - sound effects, samples, and music, instantly. Get Started Free.
  • Xylo — Xylo offers higher quality processes with full officer oversight, reducing planning uncertainty and boosting UK housing delivery.
  • Build — The AI-native operating partner for the built world. Build pairs agentic AI with CRE domain experts to accelerate commercial real estate development from concept to completion.
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ENISA
VC Fund · Madrid, Madrid, Spain · 115 investments in Europe SaaS startups

ENISA is a public company under the Ministry of Industry, Energy and Tourism, through the Directorate General of Industry and Small and medium-sized enterprises which, since 1982, actively participates in the financing of viable and innovative business projects.

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Seed, Debt Financing, Pre-Seed
  • Geography: Spain, United States, France

Investor stats

  • Total investments: 238
  • Round size: Seed $76k–$1.6M; Pre-Seed $165k–$1.2M; Debt Financing $67k–$439k
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Naturr — Nature, which seeks to connect small-scale artisanal food producers from rural areas with urban consumers. Nature platform could serve as an important bridge for promoting local and sustainable food systems, benefiting both rural producers and urban consumers i
  • Biotasmart — Plataforma que convierte datos de la microbiota intestinal en recomendaciones nutricionales personalizadas.
  • DARWIN Biomed — Biomedical Engineering
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Frontline Ventures
VC Fund · London, England, United Kingdom · 114 investments in Europe SaaS startups

Frontline is the venture firm for globally ambitious B2B companies on both sides of the Atlantic. Frontline Seed speeds up ideas at inception across Europe. Frontline X is a growth-stage fund, for fast and frictionless US-Europe expansion.

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Investment focus

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

Investor stats

  • Total investments: 207
  • Round size: Seed $1.1M–$5.7M; Pre-Seed $405k–$2.6M; Series A $3.7M–$17M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: May invest from a new fund soon — raised $82M in 2021

Portfolio highlights

  • Donna — Meet Donna, the AI assistant built for field sales teams. Save time, cut admin, and close more deals with less effort.
  • Stanhope AI — Stanhope AI is a deep-tech startup based in London with a strong background in neuroscience, robotics and fintech. We are bringing Active Inference to market as a novel framework for autonomous decision-making. To contend with the challenges of contemporary AIs, our distinct approach aims to offer
  • HelmGuard AI — HelmGuard develops an AI-driven trust infrastructure platform for security, compliance, and third-party risk management. The company provides an operational risk infrastructure layer that centralizes fragmented security, compliance, and vendor data into a structured repository. Its platform coordinates autonomous, domain-specific AI agents thatperform continuous data indexing, compliance mapping, automated vendor assessments, and real-time security tracking. HelmGuard includes a risk operating system, a zero-knowledge verification engine for selective disclosure and cryptographic-style proofs, and persona-specific risk intelligence reporting. These capabilities support first-party, third-party, and customer-facing workflows across sectors such as financial services, SaaS, and healthcare. The platform is used by security, risk, and compliance teams to maintain continuous oversight of internal controls, vendor posture, and regulatory obligations while generating tailored, natural-language reports for business stakeholders.
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Fil Rouge Capital (FRC)
VC Fund · Zagreb, Grad Zagreb, Croatia · 110 investments in Europe SaaS startups

Fil Rouge Capital (FRC) is an investment fund manager whose funds focus on early-stage businesses from pre-seed, seed, and Series A rounds of investment.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Croatia, Slovenia, United Kingdom

Investor stats

  • Total investments: 170
  • Round size: Seed $50k–$1.2M; Pre-Seed $55k–$345k
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — raised $51M in 2019

Portfolio highlights

  • HEU — Draft, sign and store contracts in one place. AI extracts deadlines and clauses, signatures valid in 180+ countries.
  • HyperBunker — Solution that ensures your information is always secure and recoverable, after a catastrophic cyberattack or system failure.
  • TDA — About TDA TDA is an award-winning global marketplace that connects companies with the world’s best digital agencies. Ultimately, we are just like you. Our international team comes from both digital agencies and the companies that use them. All of us were frustrated with the difficulties of finding the right match for successful partnerships.TDAis here to help companies and digital agencies meet, help you build your business and to make the world a more connected place. Whether your company needs digital marketing, web development or any number of other digital services, our simple, standardized and efficient process helps you find the right digital agency for your business. Finding an Agency With TDA Using TDA is quick and easy. Companies fill in information about what they need and then wait for digital agencies to pitch to them. Our system notifies digital agencies about the project and they pitch directly to the company on TDA in a standardized format. After reviewing agency pitches, companies can choose an agency to work with.Does TDA Take Commissions? We are a matchmaking site. This means we don’t get in the middle of communications, work or payments between companies and digital agencies. It also means that we don’t take any commissions. We exist solely to help companies find the best digital agencies in the world and to help those digital agencies showcase their services. TDA by the Numbers TDA was founded in 2018. In less than 12 months, over $43 million of projects had been placed on the platform. We have a network of over 5,000 digital agencies in 115 countries. We have won startup competitions, were the fastest ever financing round on a global equity crowdfunding platform and the very first investment of a leading venture capital fund. In February 2019, Startup Grind Silicon Valley named us a Top 50 Global Startup.
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