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The 10 most active German VCs

March 5, 2019
A view of Berlin overlooking the Spree River.

Home to the largest economy in Europe, Germany is a veritable treasure trove of successful startups. Big names such as fintech specialist N26 and car-trading platform provider AUTO1 have spawned from the country, which is seeing an increasing amount of VC money pour into its companies.

Last year set a decade-high in terms of capital raised, as German startups brought in €3.6 billion across 573 deals, per the PitchBook Platform. And, as uncertainty arising from political crises looms over some of its counterparts, it seems safe to say that Germany’s prominence as a startup hub will only grow. This is certainly helped by the fact that unlike some nations, such as the UK, Germany’s VC activity is spread across a host of cities, with prominent investors from Berlin to Munich and Hamburg.

As the country's businesses receive more venture capital funding, so too are Germany's investors becoming more prolific. In 2018, German VCs invested around €9 billion into startups, again per PitchBook data, up from €4.5 billion the year before. With nearly 23% of that cash going to German startups, second only to the 36% share of the US, it is clear that these firms are a driving force behind their home ecosystem.

There are of course a handful of these VCs that stand out from the crowd for the sheer volume of transactions in which they have participated. Here’s a list of the top 10 German venture capital investors since the start of 2014, with their deal counts in parentheses:

1. High-Tech Gründerfonds (284)
2. Global Founders Capital (155)
3. HV Holtzbrinck Ventures (116)
4. Point Nine Capital (113)
5. Earlybird Venture Capital (103)
6. Rocket Internet (98)
7. btov Partners (95)
8. IBB Beteiligungsgesellschaft (86)
9. Deutsche Telekom Capital Partners (82)
10. Project A (77) 
 

Interested in Germany and the DACH region as a whole? Check out our Venture Ecosystem FactBook.   

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