15 Top Berlin Venture Capital Firms for Early-Stage Startups [2024]
If you’re looking for Berlin venture capital firms to help fund your early-stage startup, here are 15 options to explore.
Berlin has become one of three Europe’s startup hotspots in recent years. With a buzzing tech scene, a young and innovative workforce, and a government actively promoting entrepreneurship, Berlin offers fertile ground for ambitious founders to launch and scale their businesses.
Stats show that 20.8 percent of German startups were located in Berlin. The reason behind this is Berlin companies raised $4.8 billion in capital in 2022. And the venture capital is increasing day by day. If you are a startup founder in Berlin, here is our list of the top 15 Berlin venture capital firms.
15 Early-Stage Berlin Venture Capital Firms
1. Speedinvest
Speedinvest is one of Europe’s most prominent early-stage investors. They prefer to partner with the most innovative tech startups. Their mission is to empower entrepreneurs with game-changing support through every stage of the journey. This is why they are one of the best Berlin venture capital.
Besides that, they provide access to an experienced team of investors and operational experts to their portfolio companies. Also, portfolio companies have access to a network of business partners who provide the startups with whatever they need to build successful businesses.
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Details of Speedinvest
Foundation Year: 2011
Countries of Operation:
- Germany
- Austria
- France
- United Kingdom
Number of Investments: 489
Lead Investments: 169
Number of Exits: 30
Funds raised: $1.2B
Focus of Speedinvest
Stage
- Early Stage Startup
- Seed
- Pre-Seed
Industries
- Fintech
- Health & Wellness
- Deep Tech & Hard Science
- Industrial
- Marketplace
- Consumer
- SaaS
- Climate & Sustainability
- Crypto & Blockchain
- Infrastructure
Notable Investments
1. Planetly
URL: planetly.com
Funding Rounds: 2
Total Funding: €5.2M
2. FinCompare – Smarter Business Finance
URL: fincompare.de
Funding Rounds: 3
Total Funding: €24.5M
3. iyzico
URL: iyzico.com
Funding Rounds: 6
Total Funding: $27M
Contact
Website: https://www.speedinvest.com/
Email: office@speedinvest.com
Phone: +43 69911898616
2. b2venture
b2venture (formerly btov Partners) is a European venture firm. They specialize in making early-stage investments in digital and industrial technology companies. They are leveraging the power of generations to shape tomorrow.
They also support the most ambitious business entrepreneurs and give them the wings to grow. They invest EUR 100m+ per year in high-growth companies with ticket sizes from EUR 0.25m to 3.5m. Besides that, they provide funding and support to startups at various stages of their growth, making them a valuable player in venture capital firms in Berlin.
Details of b2venture
Foundation Year: 2000
Countries of Operation:
- Germany
Number of Investments: 355
Lead Investments: 53
Number of Exits: 33
Funds raised: $579.3M
Minimum cheque size: €250,000
Maximum Cheque Size: €5,000,000
Focus of b2venture
Stage
- Early Stage Startup
- Seed
- Series A
Industries
- Consumer
- Enterprise
- SaaS
- AI & ML
- Marketplace
- Internet & Mobile
- Healthcare
- Industrial
- IoT
- Cybersecurity
Notable Investments
1. Predium
URL: predium.de
Funding Rounds: 2
Total Funding: €6.1M
2. Nelly
URL: getnelly.de
Funding Rounds: 4
Total Funding: €19M
3. Text Cortex AI
URL: textcortex.com
Funding Rounds: 2
Total Funding: $1.2M
Contact
Website: https://www.b2venture.vc/
Email: berlin@b2venture.vc
Phone: +49 30 346 55 84 00
3. Project A
Project A is a renowned Berlin venture capital firm. They have been providing capital and operational support to startups since 2012. They always helped their portfolio companies to take the next step from startup to scale-up. So far, they have backed 100+ digital companies across 15 industries and 12 countries.
Also, they support their portfolio companies with a team of over 110 in-house professionals in areas such as software and product development, design, business intelligence, brand, marketing, CRM, sales, venture development, and recruiting. Besides that, if you face any problem scaling up your organization, you can consider Project A to have the right people to help you solve it.
Details of Project A
Foundation Year: 2012
Countries of Operation:
- Germany
- United Kingdom
Number of Investments: 232
Lead Investments: 55
Number of Exits: 45
Funds raised: $886.9M
Minimum cheque size: €1,000,000
Maximum Cheque Size: €10,000,000
Focus of Project A
Stage
- Early Stage Startup
- Seed
Industries
- E-Commerce
- Fintech
- Cybersecurity
- Supply Chain & Logistics
- Marketplace
- Proptech & Real Estate
- Internet & Mobile
- InsurTech
- SaaS
- Climate & Sustainability
- DTC
- Developer Tools
- Health & Wellness
- Education
- Food & Beverage
- Gaming, Media
- Transportation
- Travel & Hospitality
- Manufacturing
- Marketing
Notable Investments
1. Root Global
URL: rootglobal.io
Funding Rounds: 1
Total Funding: €2.5M
2. re:cap
URL: re-cap.com
Funding Rounds: 3
Total Funding: $128M
3. Knowunity
URL: knowunity.de
Funding Rounds: 3
Total Funding: €21M
Contact:
Website: http://www.project-a.com/
Email: info@project-a.com
Phone: +49 30 340606300
4. Cherry Ventures
Cherry Ventures is a renowned early-stage venture capital firm. It is led by a team of entrepreneurs with experience building fast-scaling companies such as Zalando and Spotify. They are sector agnostic. They prefer to back Europe’s boldest founders. They also look for passionate founders who are resourceful and strong.
Apart from initial financial investments, they focus on long-term working with their portfolio companies. In addition, they analyze the market to make sure there is potential for success. Also, they make sure to deliver on their promises throughout the investment phase.
Details of Cherry Ventures
Foundation Year: 2012
Countries of Operation:
- Germany
- United Kingdom
- Sweden
Number of Investments: 232
Lead Investments: 67
Number of Exits: 16
Funds raised: $719.8M
Minimum cheque size: €300,000
Maximum Cheque Size: €3,000,000
Focus of Cherry Ventures
Stage
- Early Stage Startup
- Seed
Industries
- Climate & Sustainability
- Consumer
- Fintech
- Healthcare
- Industrial
- Mobility
- SaaS
Notable Investments
1. AUTO1 Group
URL: auto1-group.com
Funding Rounds: 12
Total Funding: $1.4B
2. flaschenpost
URL: flaschenpost.de
Funding Rounds: 4
Total Funding: €70M
3. Drover
URL: joindrover.com
Funding Rounds: 5
Total Funding: £30.3M
Contact
Website: https://www.cherry.vc/
Email: press@cherry.vc
5. APX
APX IS one of the most active Berlin venture capital. They prefer investing in the earliest stages and target startups with digital business models. Also, they search for companies with high growth potential and valid hypothesis that can make a meaningful difference in people’s lives. They are sector-agnostic VC firms. They only invest in companies with more than one founder or single founders looking to bring co-founders on board.
Details of APX
Foundation Year: 2018
Countries of Operation:
- Germany
- United Kingdom
Number of Investments: 167
Lead Investments: 50
Number of Exits: 3
Funds raised: €55M
Minimum cheque size: €50,000
Maximum Cheque Size: €500,000
Focus of APX
Stage
- Early Stage Startup
- Seed
Industries
- AR & VR
- Fintech
- Education
- Consumer
- Big Data & Analytics
- Media
- Gaming
- Transportation
- Proptech & Real Estate
- Manufacturing
- Sports
- Marketing
- Human Resources
- SaaS
- Healthcare
Notable Investments
1. Dogo GmbH
URL: dogo.app
Funding Rounds: 7
Total Funding: $4.8M
2. Bluedot
URL: thebluedot.co
Funding Rounds: 6
Total Funding: $7M
3. askui
URL: askui.com
Funding Rounds: 3
Total Funding: €6.1M
Contact
Website: https://apx.vc/
Email: hello@apx.vc
Phone: + 49 30 2591 78001
6. Lunar Ventures
Lunar Ventures is a venture capital firm based in Berlin, Germany. They have a team of 3 deep-tech expert partners in Berlin. Their mission is to turn sci-fi ideas into working products. They prefer to partner with technical founders.
They mainly invest in promising European startups specializing in artificial intelligence, machine learning, and blockchain technologies. Also, they support outstanding DeepTech business teams, building global startups.
Besides that, they also bring a fresh perspective into tech investments, leveraging their backgrounds in software architecture, computer science, business strategy, and early-stage investments.
Details of Lunar Ventures
Foundation Year: 2017
Countries of Operation:
- United Kingdom
- United States
Number of Investments: 30
Lead Investments: 10
Number of Exits: 1
Funds raised: $40M
Minimum cheque size: €300,000
Maximum Cheque Size: €1,000,000
Focus of Lunar Ventures
Stage
- Early Stage Startup
- Seed
Industries
- AI & ML
- Cybersecurity
- Crypto & Blockchain
- Big Data & Analytics
- Health & Wellness
Notable Investments
1. Hathora
URL: hathora.dev
Funding Rounds: 1
Total Funding: $7.6M
2. Mutable
URL: mutable.io
Funding Rounds: 4
Total Funding: $1.7M
3. Kyso
URL: kyso.io
Funding Rounds: 4
Total Funding: $255K
Contact:
Website: http://lunarventures.eu/
Email: hello@lunarventures.eu
7. Fly Ventures
Fly Ventures is a Berlin venture capital for technical founders solving hard problems. Also, they support European technical founders from day zero to their seed stage. They firmly believe in transparency. Regarding investment criteria, they prefer to meet with founders before investing in their startup. Additionally, to have a better understanding of the portfolio company’s performance, the investment firm regularly conducts checks. Besides that, they follow the anti-thesis investment approach to help the startups.
Details of Fly Ventures
Foundation Year: 2017
Countries of Operation:
- Germany
- United Kingdom
Number of Investments: 76
Lead Investments: 34
Number of Exits: 5
Funds raised: €88M
Minimum cheque size: €1,000,000
Maximum Cheque Size: €5,000,000
Focus of Fly Ventures
Stage
- Seed
- Early Stage startup
- Pre-Seed
Industries
- Big Data & Analytics
- Cybersecurity
- Developer Tools
- Fintech
- InsurTech
- Supply Chain & Logistics
- Climate & Sustainability
- Healthcare
Notable Investments
1. Pyka
URL: flypyka.com
Funding Rounds: 3
Total Funding: $48.1M
2. Chatterbug
URL: chatterbug.com
Funding Rounds: 3
Total Funding: $9.8M
3. Mutable
URL: mutable.io
Funding Rounds: 4
Total Funding: $1.7M
Contact
Website: http://www.fly.vc/
Email: hello@fly.vc
Phone: (253) 720-8601
8. Global Founders Capital
Global Founders Capital is a global early-stage investor. They have backed entrepreneurs from series seed to IPO on all continents. They are stage agnostic and empower gifted entrepreneurs. They have deep operational experience in building technology companies.
They prefer to invest in companies that operate within the Internet, retail, financial software, media, communication, and information technology sectors. Also, they support founders from day zero through all the stages of growth.
Details of Global Founders Capital
Foundation Year: 2013
Countries of Operation:
- USA
- Canada
- United Kingdom
- Germany
- France
- Sweden
- Italy
- Turkey
- Singapore
- China
- Israel
- United Arab Emirates
- Indonesia
- Brazil
- Mexico
Number of Investments: 944
Lead Investments: 247
Number of Exits: 59
Funds raised: $2.6B
Focus of Global Founders Capital
Stage
- Early Stage Startup
- Late Stage Startup
- Seed
Industries
- Consumer
- SaaS
- Enterprise
- Internet & Mobile
- E-Commerce
- Productivity
- Supply Chain
- Logistics
- InsurTech
Notable Investments:
1. Rocket Internet
URL: rocket-internet.com
Funding Rounds: 7
Total Funding: $2.2B
2. LinkedIn
URL: linkedin.com
Funding Rounds: 7
Total Funding: $154.8M
3. Revolut
URL: revolut.com
Funding Rounds: 12
Total Funding: $2.14B
Contact
9. Antler
Antler is a renowned venter capital firm in Berlin. They prefer to invest in the world’s most driven founders, from day zero to greatness. They were founded on the belief that people with innovative ideas are the key to building a better future. They have offices in 27 cities across six continents, including Austin, New York, London, Berlin, Stockholm, Bangalore, Jakarta, Singapore, Seoul, Tokyo, and Sydney.
They have helped, created, and invested in more than 900+ startups across various industries and technologies. Also, they represent 145+ nationalities, and 32% of companies have at least one female founder.
Details of Antler
Foundation Year: 2017
Countries of Operation:
- Singapore
- Germany
- Netherlands
- Denmark
- Portugal
- United Kingdom
- Spain
- Norway
- France
- Sweden
- Australia
- India
- Vietnam
- Indonesia
- South Korea
- Japan
- USA
- Canada
- Kenya
Number of Investments: 1034
Lead investments: 604
Number of Exits: 6
Funds raised: $82.2M
Focus of Antler
Stage
- Early Stage Startup
- Seed
Industries
- AI & ML
- Consumer
- Crypto & Blockchain
- Cybersecurity
- E-Commerce
- Fintech
- SaaS
- Gaming
- Proptech
- Real Estate
- Internet & Mobile
- Food & Beverage
- Supply Chain & Logistics
- Healthcare
- Media
Notable Investments:
1. Genuine Taste
URL: genuinetaste.co
Funding Rounds: 3
Total Funding: $188.7K
2. ChatFood
URL: chatfood.io
Funding Rounds: 2
Total Funding: $8M
3. Airalo
URL: airalo.com
Funding Rounds: 4
Total Funding: $67.3M
Contact
Website: https://www.antler.co/
Email: hello@antler.co
10. Point Nine Capital
Point Nine Capital is a popular Berlin-based venture capital firm. They specialize in early-stage investments in SaaS and digital marketplaces. They are geography agonistic. They provide funding and support to startups at various stages. Since 2008, they have been amongst the first investors in companies like Algolia, Contentful, Chainalysis, Delivery Hero, Docplanner, Loom, and Zendesk.
They are obsessed with helping their portfolio companies throughout their journey. More than 65% of the companies that they back at the seed stage raise a Series A, and more than ten are already at $100 million + annual revenue (and counting)
Details of Point Nine Capital
Foundation Year: 2008
Countries of OperationGermany:
- Germany
Number of Investments: 265
Lead Investments: 75
Number of Exits: 37
Funds raised: $488.3M
Minimum cheque size: €500,000
Maximum Cheque Size: €5,000,000
Focus of Point Nine Capital
Stage
- Early Stage Startup
- Seed
- Series A
Industries
- Marketplace
- SaaS
- Consumer
Notable Investments
1. Loom
URL: loom.com
Funding Rounds: 7
Total Funding: $203.6M
2. Typeform
URL: typeform.com
Funding Rounds: 5
Total Funding: $187.3M
3. Fyber – A Digital Turbine Company
URL: fyber.com
Funding Rounds: 7
Total Funding: $129.5M
Contact
Website: http://www.pointnine.com/
Email: info@pointninecap.com
Phone: +44 2079369198
11. Creandum
Creandum is one of the leading Berlin venture capital firms. They have offices in Stockholm, Berlin, London, and San Fran. They support early-stage entrepreneurs in building global, category-defining companies across the most relevant industries. Also, they are backing some of Europe’s most successful tech companies, including iZettle, Spotify, Depop, Klarna, KRY, Epidemic Sound, and Small Giant Games.
Details of Creandum
Foundation Year: 2003
Countries of Operation:
- United Kingdom
- USA
- Germany
- Sweden
Number of Investments: 263
Lead Investments: 88
Number of Exits: 38
Funds raised: $1.3B
Focus of Creandum
Stage
- Early Stage Startup
- Late Stage Startup
- Seed
Industries
- Creator Economy
- Crypto & Blockchain
- Climate & Sustainability
Notable Investments
1. Distribusion Technologies
URL: distribusion.com
Funding Rounds: 3
Total Funding: €37.3M
2. Laka
URL: laka.co
Funding Rounds: 10
Total Funding: $31M
3.Shopify
URL: shopify.com
Funding Rounds: 4
Total Funding: $122.3M
Contact
Website: https://creandum.com/
Email: hello@creandum.com
Phone: +46 852463630
12. Verdane
Verdane is a famous specialist growth equity investment firm. They prefer to partner with sustainable, tech-enabled Northern European businesses to step up to the next level of international growth. They have a team of over 80 operational experts and investment professionals based in Berlin, Copenhagen, Helsinki, Oslo, London, and Stockholm.
Besides that, they also provide funding, expertise, and networks to help promising technology-enabled businesses reach their full potential. They can invest as a minority or majority investor, either in individual firms or in portfolios of companies.
Details of Verdane
Foundation Year: 2003
Countries of Operation:
- Germany
- Finland
- Norway
- United Kingdom
- Denmark
- Sweden
Number of Investments: 118
Lead Investments: 50
Number of Exits: 25
Funds raised: $4.8B
Minimum cheque size: €8,000,000
Maximum Cheque Size: €150,000,000
Focus of Verdane
Stage
- Late Stage Startup
Industries
- Consumer
- E-Commerce
- Marketplace
- Climate & Sustainability
- Enterprise
- SaaS
Notable Investments
1. Boozt
URL: boozt.com
Funding Rounds: 3
Total Funding: $56M
2. inRiver
URL: inriver.com
Funding Rounds: 4
Total Funding: $49.9M
3. Brightpearl
URL: brightpearl.com
Funding Rounds: 8
Total Funding: $88.3M
Contact
Website: https://verdane.com/updates/
Email: office@verdane.com
Phone: +46 8 407 4200
13. HV Capital
HV Capital is a venture capital firm based in Munich, Germany. They are one of Europe’s most successful and financially strongest early-stage and growth venture capitalists. They support exceptional founders in building market-leading digital companies. Also, they back them from the earliest days to all growth phases. Besides that, they are creating an ecosystem for companies to connect and thrive together across Europe and beyond.
Details of HV Capital
Foundation Year: 2000
Countries of Operation:
- Germany
Number of Investments: 451
Lead Investments: 120
Number of Exits: 87
Funds raised: €2.6B
Minimum cheque size: €500,000
Maximum Cheque Size: €5,000,000
Focus of HV Capital
Stage
- Early Stage Startup
- Late Stage Startup
- Private Equity
- Seed
Industries
- Consumer
- Enterprise
- Fintech
- Education
- Internet & Mobile
- Healthcare
- DTC
- Transportation
Notable Investments
1. Informed
URL: informed.so
Funding Rounds: 1
Total Funding: €5M
2. Hadrian
URL: hadrian.io
Funding Rounds: 3
Total Funding: €13M
3. Storyblok
URL: storyblok.com
Funding Rounds: 4
Total Funding: $58M
Contact
Website: https://www.hvcapital.com/
Email: info@hvcapital.com
Phone: +49 89 20 60 7-751
14. Rocket Internet SE
Rocket Internet is a venture builder based in Berlin, Germany. They are active in a large number of countries around the world. They focus on creating transparent, long-term, sustainable value for their investors. They incubate and invest in internet and technology companies globally.
Also, they provide deep operational support to entrepreneurs and help them build market-leading companies. Besides, they strategically invest in complementary internet and technology companies globally to build out their network.
Details of Rocket Internet SE
Foundation Year: 2007
Countries of Operation:
- Germany
Number of Investments: 282
Lead Investments: 42
Number of Exits: 137
Funds raised: $2.2B
Focus of Rocket Internet SE
Stage
- Early Stage Startup
Industries
- Internet & Mobile
- SaaS
Notable Investments
1. Expertlead
URL: expertlead.com
Funding Rounds: 3
Total Funding: €16.5M
2. Global Savings Group
URL: global-savings-group.com
Funding Rounds: 10
Total Funding: €74.5M
3. everstox
URL: everstox.com
Funding Rounds: 3
Contact
Website: https://www.rocket-internet.com/
Email: info@rocket-internet.com
Phone: +49 30 300131800
15. Heartcore Capital
Heartcore Capital is a venture capital firm based in Copenhagen, Denmark. They invest in companies that use technology to improve people’s lives. Since 2007, they have backed some of Europe’s biggest category-defining companies, such as Tink, Neo4j, Boozt, Peakon, Seriously and TravelPerk. They help their portfolio companies refine their purpose, build their vision, and achieve their mission.
Details of Heartcore Capital
Foundation Year: 2007
Countries of Operation:
- Denmark
- Germany
- France
- USA
- Austria
- Sweden
- Spain
- Hungary
- Poland
- United Arab Emirates
Number of Investments: 231
Lead Investments: 49
Number of Exits: 21
Funds raised: $681.4M
Minimum cheque size: €300,000
Maximum Cheque Size: €6,000,000
Focus of Heartcore Capital
Stage
- Early Stage Startup
- Seed
Industries
- Travel & Hospitality
- Education
- Entertainment
- Food & Beverage
- Health & Wellness
- Productivity
- Consumer
- Gaming
- InsurTech
- Energy
Notable Investments
1. Reddit
URL: redditinc.com
Funding Rounds: 10
Total Funding: $1.3B
2. Insight
URL: insightbrowser.com
Funding Rounds: 1
Total Funding: $1.5M
3. Werlabs
URL: werlabs.se
Funding Rounds: 3
Total Funding: SEK128.6M
Contact
Website: https://www.heartcore.com/
Email: contact@heartcore.com
This was our list of Berlin venture capital firms looking to invest in your early-stage startup. However, keep in mind that this procedure demands considerable thinking and strategic planning.
Researching the market is a good place to start, then establish your equity and team, If needed, seek the advice of an expert.