Brouky Score · 2026

Top VC Firms in Germany

The 25 highest-scoring venture funds headquartered in Germany, ranked from 499 eligible firms on a 110-point composite of portfolio outcomes, deal volume, risk adjustment and cheque-size fit.

74
Median score / 110
across eligible firms
499
Eligible firms
5+ tracked investments
21,745
Tracked investments
in this market
25
Firms ranked
highest scoring
Sort by
1

Senovo

Series AGermany
Software & Developer ToolsCommerce & MarketingArtificial Intelligence & DataIndustry & HardwareFinance & BlockchainConsumer, Lifestyle & Services+3 more
analyticsaienterprise-softwaredatamarketingmachine-learning+3 more

Senovo is a venture capital firm based in Munich and Berlin that focuses on partnering with founders building global B2B SaaS, Industrial Tech and Cybersecurity companies. They typically invest in Seed and Series A stages.

Outstanding102/ 110Grade A+

Investments

57

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
17 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
2

Siemens Venture Capital

Series C+Germany
Software & Developer ToolsIndustry & HardwareEnergy, Environment & Mobility
aianalyticsautonomous-robotsartificial-intelligenceautomotiveautonomous-vehicles+3 more

Siemens Venture Capital invests in growth-stage startups primarily in energy, smart home and clean tech sectors to support scalable business models focused on technology development and international expansion.

101/ 110Grade A

Investments

58

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
3

Shorewind

Series AGermany
Software & Developer ToolsHealthcare & Life SciencesEnergy, Environment & MobilityIndustry & HardwareConsumer, Lifestyle & ServicesArtificial Intelligence & Data+3 more
electric-vehicle-chargingukai-infrastructureivrpower-deliveryfoodtech+3 more

Invests in cutting-edge technology that moves humanity forward.

101/ 110Grade A

Investments

31

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
4

Yttrium

Series BGermany
Software & Developer ToolsEnergy, Environment & MobilityIndustry & HardwareCommerce & MarketingArtificial Intelligence & DataConsumer, Lifestyle & Services+3 more
aianalyticsdataenterpriseexpert-systemsinternal-communication+3 more

Yttrium is a growth equity investment firm specialized in B2B technology companies. It focuses on growth-stage B2B technology investing and partners with management teams to help scale their businesses globally.

101/ 110Grade A

Investments

24

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
5

SAP Ventures

Corporate VCSeries BGermany
Software & Developer ToolsIndustry & HardwareArtificial Intelligence & DataCommerce & MarketingConsumer, Lifestyle & ServicesFinance & Blockchain+3 more
data-managementanalyticsenterprise-softwareautomationsapai+3 more

SAP Ventures invests in innovative enterprise software, cloud, and SaaS startups that drive business transformation using AI, IoT, and big data technologies.

101/ 110Grade A

Investments

21

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
6

Armira Growth

Series C+Germany
Software & Developer ToolsFinance & BlockchainHealthcare & Life SciencesIndustry & Hardware+1 more
employee-benefitsblockchaincryptofinancefinancial-technologyautomation+3 more

Armira Growth invests primarily in growth-stage technology and healthcare startups based in Germany, focusing on scalable B2B and B2C business models to drive innovation and market leadership.

101/ 110Grade A

Investments

13

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
7
Industry & HardwareCommerce & MarketingSoftware & Developer ToolsConsumer, Lifestyle & ServicesFinance & BlockchainEnergy, Environment & Mobility+3 more
on-demandair-freightcustoms-brokeragedigital-freightlogistics-technologyocean-freight+3 more

MVP Munich Venture Partners invests primarily in seed to series B rounds across Europe, focusing on innovative fintech, deep tech, and SaaS startups with scalable B2B and B2C business models.

100/ 110Grade A

Investments

55

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
15 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
8

Vireo Ventures

SeedGermany
Energy, Environment & MobilitySoftware & Developer ToolsIndustry & HardwareHealthcare & Life SciencesConsumer, Lifestyle & Services+2 more
sustainabilityelectric-vehiclesautomotiveenergy-managemententerpriseclean-energy+3 more

Vireo Ventures is an early-stage venture capital fund that invests in pre-seed and seed stage European energy tech startups across Europe.

100/ 110Grade A

Investments

43

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
30 / 30
Portfolio Outcomes
39 / 40
9

Alpine Space Ventures

Series AGermany
Industry & HardwareSoftware & Developer ToolsFinance & Blockchain
communicationsearth-observationleo-satellitessatellite-manufacturingsynthetic-aperture-radarclimate-adaptation+3 more

Alpine Space Ventures is an industry insider-led venture capital firm exclusively investing in early-stage companies in the space sector.

100/ 110Grade A

Investments

24

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
15 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
10

Planven

Series C+Germany
Software & Developer ToolsHealthcare & Life SciencesConsumer, Lifestyle & ServicesIndustry & HardwareEnergy, Environment & Mobility+2 more
cybersecurityenterprise-securityisolation-softwaresecurityvirtualizationartificial-intelligence+3 more

Planven invests as lead or co-investor in expansion capital and venture growth stages, focusing on mission-critical software sectors including vertical AI, observability, and cybersecurity. Their geographical focus includes Europe and Israel.

100/ 110Grade A

Investments

20

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
15 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
11

Round2 Capital

Series BGermany
Software & Developer ToolsFinance & BlockchainCommerce & MarketingConsumer, Lifestyle & ServicesHealthcare & Life Sciences+2 more
automationmarketingfintechenterprisecontent-creationvideo-technology+3 more

Round2 Capital provides revenue-based financing with royalties for software businesses across Europe, focusing on growth funding without dilution. The firm supports software entrepreneurs with recurring revenues to grow through flexible funding options blending revenue-based financing and venture capital.

100/ 110Grade A

Investments

14

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
15 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
12

The MBA Fund

SeedGermany
Software & Developer ToolsHealthcare & Life SciencesIndustry & HardwareConsumer, Lifestyle & ServicesCommerce & MarketingFinance & Blockchain+3 more
aihealthcaredirect-to-consumerai-poweredonboardingsubscription+3 more

The MBA Fund is a venture capital firm that invests in early stage companies founded by students, alumni, and dropouts from top startup-producing universities such as Harvard Business School, Stanford Graduate School of Business, and The Wharton School of the University of Pennsylvania.

99/ 110Grade A

Investments

161

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
13

Smalt Capital

Series AGermany
Software & Developer ToolsEnergy, Environment & MobilityConsumer, Lifestyle & ServicesHealthcare & Life SciencesIndustry & HardwareCommerce & Marketing+3 more
regionalprovence-alpes-c-te-d-azurc-d-eautomotiver-dsustainability+3 more

Smalt Capital is an investment management company that invests in unlisted companies at seed, development, or transmission stages. Since 2022, it also finances renewable energy infrastructure projects. The firm primarily supports companies around the Mediterranean basin, Corsica, Réunion, and across France.

99/ 110Grade A

Investments

99

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
14

DACH-focused VC Capnamic

Series C+Germany
Software & Developer ToolsIndustry & HardwareFinance & BlockchainEnergy, Environment & MobilityCommerce & MarketingConsumer, Lifestyle & Services+3 more
aiautomationenterprise-softwaremachine-learningmobile-apphardware+3 more
99/ 110Grade A

Investments

76

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
15
Industry & HardwareSoftware & Developer ToolsArtificial Intelligence & DataHealthcare & Life SciencesEnergy, Environment & MobilityConsumer, Lifestyle & Services+3 more
aicomputer-visionhardwarenetwork-securitydata-privacyconversational-ai+3 more
99/ 110Grade A

Investments

57

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
16

SHS Capital

Series AGermany
Healthcare & Life SciencesIndustry & HardwareSoftware & Developer Tools
healthcaremedical-devicemedtechr-ddigital-healthsurgery+3 more

SHS Capital invests primarily in innovative healthcare and medtech startups, focusing on companies with strong potential for global growth, as reflected by their investment in MESI, a Finnish medtech company.

99/ 110Grade A

Investments

51

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
17

Aliya Capital Partners

Series C+Germany
Software & Developer ToolsConsumer, Lifestyle & ServicesEnergy, Environment & MobilityFinance & BlockchainIndustry & HardwareCommerce & Marketing+3 more
aideveloper-toolscloudsustainabilityunreal-enginevirtual-events+3 more

Aliya Capital Partners manages a family office investing in and co-investing alongside other family offices and investors, focusing on alternative investments including venture capital and high-growth opportunities across the sports ecosystem.

99/ 110Grade A

Investments

49

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
18

Occident Group

SeedGermany
Healthcare & Life SciencesIndustry & HardwareSoftware & Developer ToolsArtificial Intelligence & DataConsumer, Lifestyle & Services+2 more
drug-discoverycloudlife-sciencesquality-managementregulatory-compliancepoint-of-care+3 more

Invests in innovative biotech and healthcare ventures in Germany, focusing on therapies with strong clinical validation potential to advance patient care.

99/ 110Grade A

Investments

48

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
19

Wave Ventures

Pre-SeedGermany
Software & Developer ToolsEnergy, Environment & MobilityHealthcare & Life SciencesConsumer, Lifestyle & ServicesCommerce & MarketingFinance & Blockchain+3 more
automationaisustainabilityenterprisedeliveryenergy-transition+3 more

Wave Ventures primarily invests in early-stage startups across Germany, Finland, Sweden, and the US. They focus on pre-seed and seed rounds, supporting cross-border and technology-driven companies.

99/ 110Grade A

Investments

41

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
20

BASF Venture Capital

Corporate VCSeries BGermany
Industry & HardwareEnergy, Environment & MobilitySoftware & Developer ToolsArtificial Intelligence & DataHealthcare & Life SciencesConsumer, Lifestyle & Services+3 more
sustainable-agricultureenterprise-softwaredata-analyticsaigenomicsingredients+3 more

BASF Venture Capital invests in companies with innovative technologies and new business models. They focus on chemistry, new materials, and related industries, supporting sustainable solutions.

99/ 110Grade A

Investments

36

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
21

Chemistry Ventures

Series C+Germany
Software & Developer ToolsHealthcare & Life SciencesIndustry & HardwareArtificial Intelligence & DataConsumer, Lifestyle & ServicesCommerce & Marketing+3 more
automationaiproductivitysoftware-developmentbenchmarkingfintech+3 more

Chemistry Ventures invests early in exceptional European founders building B2B SaaS and enterprise software startups, focusing on teams disrupting traditional markets with innovative technology.

99/ 110Grade A

Investments

30

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
22

Delivery Hero Ventures

Corporate VCSeries C+Germany
Commerce & MarketingSoftware & Developer ToolsEnergy, Environment & MobilityConsumer, Lifestyle & ServicesIndustry & HardwareHealthcare & Life Sciences+3 more
logisticssustainabilitygrocery-deliverylast-mile-logisticsfoodtechd2c+3 more
99/ 110Grade A

Investments

25

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
23

2bX

Series AGermany
Software & Developer ToolsConsumer, Lifestyle & ServicesCommerce & MarketingIndustry & HardwareArtificial Intelligence & DataFinance & Blockchain+3 more
construction-techsme-techdata-analyticsconstructiondeveloper-toolsenterprise-software+3 more

2bX invests in early stage startups from pre-seed to seed, focusing on Urbantech in DACH and Europe.

99/ 110Grade A

Investments

24

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
24

Axess Ventures

Series C+Germany
Energy, Environment & MobilityCommerce & MarketingIndustry & HardwareSoftware & Developer ToolsFinance & BlockchainArtificial Intelligence & Data+3 more
aiconsumer-packaged-goodsd2cfood-and-beverage-techfoodtechplant-based+3 more

AxessVentures is an online investment club based in Israel that allows investors to co-invest in Israeli high-tech startups alongside leading VC funds and business angels. They focus on early to mid-stage ventures.

99/ 110Grade A

Investments

19

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
25

Tanarra

Series BGermany
Healthcare & Life SciencesConsumer, Lifestyle & ServicesSoftware & Developer ToolsEnergy, Environment & MobilityIndustry & Hardware+2 more
healthcareroboticsdigital-healthconnectivityhome-securitykeyless-entry+3 more

Tanarra invests across the entire capital structure and a wide range of asset classes, including private and public equity, debt, venture capital and special situations, with assets under management of A$2.75 billion. They invest on behalf of superannuation funds, financial institutions and family offices, focusing on distressed debt, stressed debt and special situation credit investments and private equity-style growth opportunities.

99/ 110Grade A

Investments

16

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40

Methodology

What the score measures, who is eligible, and what it deliberately excludes.

How is the Brouky score for Germany calculated?
Each firm is scored out of 110 points across four measured components: portfolio outcomes (40), deal volume (30), risk adjustment (25) and cheque-size fit (15). The score is computed from tracked investments and portfolio company status. It is not editorial and firms cannot influence it.
Which firms are eligible for the Germany ranking?
Venture and corporate venture funds headquartered in Germany with at least 5 tracked investments. 499 firms qualify; the top 25 are listed. Angel investors, family offices, banks, accelerators and government vehicles are excluded because they are scored on a different basis and are not comparable.
How often is the ranking updated?
Scores are recomputed as new investments and portfolio outcomes are recorded, and this page refreshes daily.
My fund's data looks wrong. Can it be corrected?
Yes. Claim the fund's profile on Brouky to review the underlying investments and portfolio records, and the score updates from the corrected data.

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