30 Best Active Investors in Munich in 2024

In the vibrant investment landscape of Munich, certain names stand out, consistently identifying and supporting groundbreaking ventures. As we journey into 2024, we've compiled a list of the top investors in Munich, showcasing those who've demonstrated exceptional acumen, vision, and commitment to fostering innovation in the region.


This list is the result of tracking investment activity across +2,500 venture capital investors in Europe, and only includes funds that have invested in at least 5 startups in Munichin the past 12 months (not just investors with offices in Munich). Whether you're an experienced founder who have raised capital in the past or you're fundraising for the first time, our curated list of the top Munich VCs in 2024 will be tremendously helpful in your journey.


Last update to the database: Nov 19, 2024. See changelog.


Icon Investor Rankings are calculated using our Seedtable Score – a 1 to 100 score that uses quantitative and qualitative data points (like the size of their fund or the quality of the companies they invested in) to signal the strength behind an investor. A score closer to 100 indicates an investor is worth watching closely.

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List of 30 top Munich VCs

HV Capital is a venture capital and private equity firm in Müchen Bayern.

49

Offices:

Berlin

Munich (HQ)

Investment Stage:

Pre Seed, Seed, Series A, Series B, Series C, Series D, Series E, Series F, Unknown

Check Size:

$100k - $250M

Industries:

Climate Tech & Green Tech, Health Tech, Edtech

Top investments in Munich:

Quantum Systems (
71)
, sennder (
65)
, CarOnSale (
60)

Germany-based venture capital firm focused on European tech startups.

43

Offices:

Paris

Berlin (HQ)

Munich

London

Investment Stage:

Pre Seed, Seed, Series A, Series B, Series C, Series D, Series E, Series F, Unknown

Check Size:

$100k - $500M

Industries:

Climate Tech & Green Tech, Health Tech, Edtech

Top investments in Munich:

FintechOS (
70)
, sennder (
65)
, Oviva (
60)

Hi Inov is a venture capital fund based in Lyon that invests in Series A startups focused on business-to-business solutions. They target fields such as data, AI, and the future of work, with investments ranging from $250k to $5M. Notable investments include Agorapulse, Kenjo, Acodis, and Cumul.io. Hi Inov aims to empower companies revolutionizing business processes and driving efficiency in areas like business intelligence, identity management, and media and entertainment.

40

Offices:

Paris

Munich

Lyon (HQ)

Investment Stage:

Series A

Check Size:

$10M - $20M

Industries:

AI, Machine learning, Legal Tech

Top investments in Munich:

Agorapulse (
44)
, Kenjo (
44)
, Acodis (
37)

A venture capital firm in France that focuses on the software, Software-as-a-Service, mobile, FinTech, Internet of Things, E-Commerce, technology, telecommunications and media sectors in Europe and Mainland China

40

Offices:

No data available

Investment Stage:

No data available

Check Size:

$100k - $500k

Industries:

No data available

Top investments in Munich:

No data available

A venture capital firm in France that focuses on the software, Software-as-a-Service, mobile, FinTech, Internet of Things, E-Commerce, technology, telecommunications and media sectors in Europe and Mainland China

40

Offices:

Helsinki

Paris (HQ)

Munich

Helsinki

Paris (HQ)

Munich

Investment Stage:

Seed, Series A, Series B, Series C, Series D, Series E, Unknown

Check Size:

$100k - $250M

Industries:

Climate Tech & Green Tech, Health Tech, Edtech

Top investments in Munich:

InterCloud (
60)
, Reveal (
56)
, Prewave (
52)

ProSiebenSat.1 Media is a venture capital fund based in Munich, focusing on later-stage investments in Sportstech and Fitness companies. They have backed firms like Urban Sports Club. Leveraging their expertise in entertainment and digital consumer brands, ProSiebenSat.1 uses advertising to gain shares in young digital companies. Their strategy combines TV reach and advertising power to build successful digital consumer brands, supported by 7,000 employees.

38

Offices:

Munich

Investment Stage:

Series D

Check Size:

$250M - $500M

Industries:

Sportstech, Fitness

Top investments in Munich:

Urban Sports Club (
60)

A venture capital firm in Vienna that focuses on fintech, insure tech, deep tech, industry, consumer tech, and network effects sectors

37

Offices:

Paris

Berlin

Munich

Vienna (HQ)

London

Investment Stage:

Angel, Pre Seed, Seed, Series A, Series B, Series C, Unknown

Check Size:

$100k - $1B

Industries:

Climate Tech & Green Tech, Health Tech, Edtech

Top investments in Munich:

planqc (
71)
, TIER Mobility (
70)
, Kittl (
61)

SYSTEMIQ backs late seed to Series A/B climate tech entrepreneurs who benefit from access to our unparalleled climate knowledge and networks

37

Offices:

Munich

Amsterdam

London (HQ)

Investment Stage:

Series A, Series B, Unknown

Check Size:

$100k - $30M

Industries:

Climate Tech & Green Tech, Govtech, AI

Top investments in Munich:

ZeroAvia (
60)
, Circulor (
52)
, Nature Metrics (
48)

Target Global is a venture capital firm that invests in financial, health, and education technology companies.

37

Offices:

No data available

Investment Stage:

No data available

Check Size:

$100k - $500k

Industries:

No data available

Top investments in Munich:

No data available

Target Global is a venture capital firm that invests in financial, health, and education technology companies.

37

Offices:

Berlin (HQ)

Munich

Amsterdam

London

Berlin (HQ)

Munich

Amsterdam

London

Investment Stage:

Pre Seed, Seed, Series A, Series B, Series C, Series D, Unknown

Check Size:

$100k - $1B

Industries:

Health Tech, Edtech, FinTech

Top investments in Munich:

TravelPerk (
70)
, Flink (
70)
, Zego (
65)

btov Partners is a venture capital fund based in Berlin, investing in early-stage startups through seed and series funding rounds. Their investments range from €250,000 to €10 million across sectors like fintech, health tech, AI, and climate tech. The fund has supported companies such as SumUp, Volocopter, and Urban Sports Club, adopting both a generalist and industrial focus to help diverse businesses succeed.

35

Offices:

Berlin (HQ)

Munich

Zürich

Investment Stage:

Pre Seed, Seed, Series A, Series B, Series C, Series D, Series E, Unknown

Check Size:

$100k - $250M

Industries:

Climate Tech & Green Tech, Health Tech, Edtech

Top investments in Munich:

SumUp (
74)
, Urban Sports Club (
60)
, AI21 (
56)

Sanno Capital, based in Munich, is a venture capital fund that supports founders building the future. They focus on cutting-edge technology and aim to foster growth and innovation. Notable investments include Konux. Their approach emphasizes collaboration and a long-term vision for their portfolio companies.

35

Offices:

Munich (HQ)

Investment Stage:

Unknown

Check Size:

$100M - $250M

Industries:

AI, Internet of Things

Top investments in Munich:

Konux (
56)

Astutia Ventures is a venture capital fund based in Munich. For over 10 years, they have invested in early-stage startups with strong growth potential in sectors like ecommerce, developer tools, cloud services, and consumer goods. They provide funding, an international network, and industry expertise to support early-stage growth. Notable investments include Commercetools.

35

Offices:

No data available

Investment Stage:

No data available

Check Size:

$100k - $500k

Industries:

No data available

Top investments in Munich:

No data available

Astutia Ventures is a venture capital fund based in Munich. For over 10 years, they have invested in early-stage startups with strong growth potential in sectors like ecommerce, developer tools, cloud services, and consumer goods. They provide funding, an international network, and industry expertise to support early-stage growth. Notable investments include Commercetools.

35

Offices:

Munich

Munich

Investment Stage:

Seed

Check Size:

$1M - $2.5M

Industries:

CPG & Consumer Goods, Ecommerce, Developer Tools

Top investments in Munich:

commercetools (
65)

SIXT is a venture capital fund based in Munich, focusing on investments in the mobility and transportation sectors, particularly during the Series F funding stage. They invest between $500k and $10M, with notable investments such as Blacklane. SIXT aims to advance mobility solutions through their industry expertise and customer focus. They support growth in car rental, car sharing, ride-hailing, and car subscriptions. Through a single app, SIXT provides access to a wide range of vehicles and drivers globally, integrating services from various partners to create a sustainable mobility network.

35

Offices:

Munich

Investment Stage:

Series F

Check Size:

$40M - $50M

Industries:

Mobility & Transportation

Top investments in Munich:

Blacklane (
56)

ESG, a Munich-based venture capital fund, focuses on seed-stage investments, primarily supporting startups in artificial intelligence and drone technology. Notable investments include Quantum Systems. With over 50 years of experience, ESG specializes in developing and maintaining complex systems for security and defense, serving both public sector and industry clients. They offer tailored products across air, land, and sea domains and are a certified aviation company for the German Bundeswehr, holding multiple EASA certifications. Their mission is driven by an independent engineering spirit and deep expertise to create global security solutions.

35

Offices:

Munich

Investment Stage:

Seed

Check Size:

$10M - $20M

Industries:

AI, Drones

Top investments in Munich:

Quantum Systems (
71)

Dutch venture capital firm investing on companies in the life sciences industry.

34

Offices:

No data available

Investment Stage:

No data available

Check Size:

$100k - $500k

Industries:

No data available

Top investments in Munich:

No data available

Dutch venture capital firm investing on companies in the life sciences industry.

34

Offices:

Munich

Amsterdam (HQ)

Singapore

Munich

Amsterdam (HQ)

Singapore

Investment Stage:

Seed, Series A, Series B, Series C, Series D, Unknown

Check Size:

$10M - $250M

Industries:

Health Tech, Biotech, Deep Tech

Top investments in Munich:

Pheon Therapeutics (
70)
, F2G (
63)
, Achilles Therapeutics (
60)

10x Group is a venture capital fund based in Munich, investing in early-stage and growth startups since 2007. Founded by Andreas Etten, Andrej Henkler, Felix Haas, Jan Becker, and Robert Wuttke, they support ambitious teams in Europe and Silicon Valley. They focus on data, AI, and robotics sectors and have backed startups like Quantum Systems and Wandelbots. With over 150 active investments, including more than 50 in Silicon Valley, 10x Group offers extensive support through their network and experience, providing valuable resources and connections for various venture stages.

33

Offices:

No data available

Investment Stage:

No data available

Check Size:

$100k - $500k

Industries:

No data available

Top investments in Munich:

No data available

10x Group is a venture capital fund based in Munich, investing in early-stage and growth startups since 2007. Founded by Andreas Etten, Andrej Henkler, Felix Haas, Jan Becker, and Robert Wuttke, they support ambitious teams in Europe and Silicon Valley. They focus on data, AI, and robotics sectors and have backed startups like Quantum Systems and Wandelbots. With over 150 active investments, including more than 50 in Silicon Valley, 10x Group offers extensive support through their network and experience, providing valuable resources and connections for various venture stages.

33

Offices:

Munich

Munich

Investment Stage:

Seed, Series A

Check Size:

$10M - $20M

Industries:

AI, Deep Tech, Drones

Top investments in Munich:

Quantum Systems (
71)
, Wandelbots (
48)

MIG Capital is a Newport Beach, CA based alternative investment firm offering both fundamental and quantitative investment strategies.

31

Offices:

Munich (HQ)

Investment Stage:

Series A, Series B

Check Size:

$5M - $70M

Industries:

Health Tech, AI, Biotech

Top investments in Munich:

Konux (
56)
, SciRhom (
53)
, HawkCell (
48)

Hitachi Ventures looks for the best solutions to address the world's technical, social and environmental challenges

31

Offices:

Munich

Investment Stage:

Seed, Series A, Series C, Series D

Check Size:

$20M - $250M

Industries:

Health Tech, AI, Biotech

Top investments in Munich:

Huma (
60)
, WASE (
44)
, Cure51 (
44)

SevenVentures, based in Munich, is a venture capital fund focusing on Series D investments in the Ecommerce and Foodtech sectors. Rather than traditional cash investments, they provide advertising time on ProSiebenSat.1’s TV channels to help companies grow their brands through media exposure. Notable investments include Motatos. Benefiting from ProSiebenSat.1’s extensive reach, they assist young digital companies in expanding and succeeding through media leverage.

30

Offices:

Munich

Investment Stage:

Series D

Check Size:

$50M - $70M

Industries:

Foodtech, Ecommerce

Top investments in Munich:

Motatos (
48)

BayBG Venture Capital, based in Munich, invests in growth-stage companies. The fund typically allocates between $0 and $5 million. BayBG focuses on ecommerce, software tools for developers, cloud technologies, and consumer goods. They seek to support companies with strong growth potential. Notable investments include Commercetools. BayBG offers straight equity investments to help businesses expand.

28

Offices:

Munich (HQ)

Investment Stage:

Series A

Check Size:

$5M - $10M

Industries:

CPG & Consumer Goods, AI, Video

Top investments in Munich:

commercetools (
65)
, StoryBox (
33)

Primepulse is a venture capital fund based in Munich, specializing in AI and robotics companies at the series C stage. It supports medium-sized tech firms with capital and entrepreneurial expertise. Notable investment includes Neura Robotics. Primepulse aims to foster sustainable innovations and is backed by founders and managers of CANCOM SE, an MDAX-listed company.

28

Offices:

Munich

Investment Stage:

Series C

Check Size:

$100M - $250M

Industries:

AI, Robotics

Top investments in Munich:

Neura Robotics (
44)

Twip Impact Ventures is a venture capital fund based in Munich, focused on early-stage startups in energy, nuclear, and sales/marketing sectors. The fund partners with businesses to assist in growth and software development, providing crucial early financial support. Twip Impact Ventures has invested in companies like Caeli Wind.

28

Offices:

Munich

Investment Stage:

Seed

Check Size:

$2.5M - $5M

Industries:

Energy & Nuclear, Sales and Marketing

Top investments in Munich:

Caeli Wind (
44)

Offices:

No data available

Investment Stage:

No data available

Check Size:

$100k - $500k

Industries:

No data available

Top investments in Munich:

No data available

Offices:

Munich (HQ)

Munich (HQ)

Investment Stage:

Seed, Series A, Series B, Series C, Series D, Unknown

Check Size:

$100k - $250M

Industries:

Climate Tech & Green Tech, Health Tech, FinTech

Top investments in Munich:

Iwoca (
83)
, Hublo (
52)
, Mambu (company) (
52)

Picus Capital is an venture capital firm focused on early-stage internet companies. It was founded in 2015 and is located in Munich, Germany.

27

Offices:

Munich (HQ)

Investment Stage:

Pre Seed, Seed, Series A, Series B, Series C, Series D, Unknown

Check Size:

$100k - $250M

Industries:

Climate Tech & Green Tech, Health Tech, Edtech

Top investments in Munich:

Billie (
60)
, Casavo (
60)
, Enpal (
60)

UVC Partners, a Munich-based venture capital fund, supports Europe's early-stage B2B tech startups with investments ranging from €500K to €10M. Their focus includes sectors such as AI, fintech, mobility, and green tech. They aim to help young companies grow and make a significant impact in their industries. With a track record of investing in firms like tacto and Isar Aerospace, UVC Partners actively shapes the future of technology and business.

27

Offices:

Berlin

Munich (HQ)

Investment Stage:

Pre Seed, Seed, Series A, Series B, Series C, Unknown

Check Size:

$100k - $250M

Industries:

Climate Tech & Green Tech, Edtech, FinTech

Top investments in Munich:

planqc (
71)
, Proxima Fusion (
63)
, tacto (
60)