Top Venture Capital Firms & Investors in Berlin 2025

Our complete guide in 2025 for the top investors and VC firms in Berlin.

Contributors: Mariam Koorang

Last updated: April 21, 2025

Top Venture Capital Firms & Investors in BerlinTop Venture Capital Firms & Investors in Berlin

Berlin’s Startup Ecosystem: Innovation in Transition

Berlin remains one of Europe’s most recognized startup hubs, known for its creative culture, global talent pool, and concentration of early-stage companies. In 2024, the city’s venture capital activity reached €2.2 billion, a slight dip from the year before. For the first time, Berlin was overtaken by Munich in total capital raised—yet it still leads Germany in the number of startup funding rounds, closing 256 deals compared to Bavaria’s 164.

The ecosystem is evolving. Where Berlin once dominated with aggressive growth in e-commerce and fintech, the focus is shifting toward AI innovation, Web3, and sustainable business models. Startups like N26, Trade Republic, and Tier helped define Berlin’s reputation, but today, a new wave of founders are building for long-term operational efficiency.

Consumer apps, marketplaces, and blockchain-driven platforms still thrive in Berlin, but the city is also leaning into AI-powered creative tech, legaltech, and digital mobility. It’s a diverse mix, supported by universities, accelerators, and a deeply international startup workforce.

The Rise of Operational Discipline and Profitability

Following the boom years of 2015–2021, Berlin startups have become more disciplined. Investors are increasingly rewarding companies with capital-efficient growth strategies and scalable unit economics. Layoffs and restructurings in 2022 and 2023 led many founders to shift toward leaner teams and sustainable margins, which is now the new standard across the city’s VC landscape.

black logos of the venture capital firms and investors in berlinblack logos of the venture capital firms and investors in berlin

Venture Capital in Berlin: Key Players and New Directions

Berlin still commands global attention. Top-tier funds such as Earlybird, Project A, and HV Capital are headquartered in the city and remain some of the most active investors across Germany and Europe. Berlin also benefits from its role as an entry point for international VCs looking to establish a presence in the European tech market.

While Berlin lost some mega-rounds to Munich’s deeptech rise in 2024, it maintained a strong mid-market presence. Most funding activity centered around Series A and B deals, particularly in fintech, AI, and mobility. Public support helped stabilize the ecosystem—most notably through the BIG (Berlin InnoGrowth) program, which allows IBB Ventures to co-invest in early-stage tech startups. The initiative focuses on sustainability and digital transformation, helping fill funding gaps at the pre-seed and seed stages.

Strengthening Berlin’s AI and Deep Tech Credentials

In response to Munich’s dominance in industrial and AI innovation, Berlin launched a dedicated AI Campus in 2024. The initiative brings together startups, researchers, and corporates to foster collaboration on ethical AI deployment, creative automation, and Web3 applications. The city’s push to become a leader in responsible AI is drawing a new class of investors focused on long-term, cross-sector impact.

Berlin’s Talent Advantage and Global Appeal

What sets Berlin apart is its magnetic appeal to international talent. Founders from across Europe, North America, and beyond continue to choose the city for its creative energy, cosmopolitan lifestyle, and historically affordable cost of living. While housing costs are rising, Berlin remains more accessible than cities like London, Paris, or Amsterdam—especially for early-stage startups building small, agile teams.

Many international tech companies also use Berlin as their EU headquarters, taking advantage of the city’s workforce and proximity to major European markets. This has created a vibrant ecosystem not just for venture-backed startups, but also for B2B SaaS, legaltech, and consumer marketplaces aiming for multi-market scale.

All investors in Berlin

Our complete list of all active venture capital firms and investors in Berlin.

10x Founders
Founded
2020
Investments
28
Exits
Investment stage
Pre-Seed
Seed
Series A
Company profile
See full breakdown
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468 Capital
Founded
2020
Investments
77
Exits
1
Investment stage
Seed
Series A
Company profile
See full breakdown
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ALSTIN Capital
Founded
2018
Investments
26
Exits
6
Investment stage
Pre-Seed
Seed
Company profile
See full breakdown
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APX
Founded
2018
Investments
151
Exits
3
Investment stage
Pre-Seed
Seed
Company profile
See full breakdown
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Ananda Impact Ventures
Founded
2010
Investments
52
Exits
4
Investment stage
Seed
Series A
Company profile
See full breakdown
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Angel Invest
Founded
2018
Investments
37
Exits
0
Investment stage
Seed
Series A
Series B
Company profile
See full breakdown
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Antler
Founded
2017
Investments
827
Exits
4
Investment stage
Pre-Seed
Company profile
See full breakdown
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Atlantic Labs
Founded
2008
Investments
185
Exits
18
Investment stage
Pre-Seed
Company profile
See full breakdown
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Augmentum
Founded
2017
Investments
26
Exits
7
Investment stage
Series A
Series B
Series C
Company profile
See full breakdown
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Auxxo Female Catalyst Fund
Founded
2019
Investments
25
Exits
0
Investment stage
Pre-Seed
Seed
Company profile
See full breakdown
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Bayern Capital
Founded
2011
Investments
78
Exits
12
Investment stage
Pre-Seed
Seed
Series A
Company profile
See full breakdown
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BlueYard Capital
Founded
2016
Investments
47
Exits
0
Investment stage
Seed
Series A
Series B
Company profile
See full breakdown
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Capnamic Ventures
Founded
2012
Investments
93
Exits
8
Investment stage
Seed
Series A
Series B
Company profile
See full breakdown
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Cavalry
Founded
2016
Investments
76
Exits
3
Investment stage
Pre-Seed
Seed
Company profile
See full breakdown
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Cherry Ventures
Founded
2013
Investments
155
Exits
14
Investment stage
Seed
Series A
Series B
Company profile
See full breakdown
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CommerzVentures
Founded
2014
Investments
42
Exits
3
Investment stage
Seed
Series A
Series B
Series C
Series D
Company profile
See full breakdown
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Concept Ventures
Founded
2018
Investments
61
Exits
2
Investment stage
Pre-Seed
Seed
Company profile
See full breakdown
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Earlybird Venture Capital
Founded
1997
Investments
312
Exits
48
Investment stage
Pre-Seed
Seed
Series A
Series B
Company profile
See full breakdown
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Flex Capital
Founded
2008
Investments
17
Exits
1
Investment stage
Seed
Series A
Series B
Series C
Company profile
See full breakdown
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Fly Ventures
Founded
2016
Investments
83
Exits
5
Investment stage
Pre-Seed
Seed
Company profile
See full breakdown
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Global Founders Capital
Founded
2013
Investments
862
Exits
58
Investment stage
Seed
Series A
Series B
Series C
Series D
Company profile
See full breakdown
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HTGF
Founded
2005
Investments
799
Exits
103
Investment stage
Pre-Seed
Seed
Company profile
See full breakdown
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HV Capital
Founded
2000
Investments
403
Exits
83
Investment stage
Pre-Seed
Seed
Series A
Series B
Series C
Company profile
See full breakdown
View VC Firm
Headline
Founded
1998
Investments
418
Exits
70
Investment stage
Pre-Seed
Seed
Series A
Series B
Series C
Company profile
See full breakdown
View VC Firm
Hubraum
Founded
2016
Investments
29
Exits
12
Investment stage
Pre-Seed
Seed
Series A
Company profile
See full breakdown
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IBB Ventures
Founded
1997
Investments
219
Exits
33
Investment stage
Seed
Series A
Company profile
See full breakdown
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Iris Capital
Founded
1986
Investments
133
Exits
32
Investment stage
Seed
Series A
Series B
Series C
Series D
Company profile
See full breakdown
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JVH Ventures
Founded
2010
Investments
14
Exits
1
Investment stage
Pre-Seed
Seed
Company profile
See full breakdown
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La Familiglia
Founded
2016
Investments
87
Exits
7
Investment stage
Pre-Seed
Seed
Series A
Company profile
See full breakdown
View VC Firm
Lakestar
Founded
2012
Investments
141
Exits
21
Investment stage
Seed
Series A
Series B
Series C
Series D
Company profile
See full breakdown
View VC Firm
Lea Partners
Founded
2002
Investments
28
Exits
5
Investment stage
Seed
Series A
Company profile
See full breakdown
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Nextblue VC
Founded
2020
Investments
32
Exits
Investment stage
Pre-Seed
Seed
Series A
Series B
Company profile
See full breakdown
View VC Firm
Paua Ventures
Founded
2010
Investments
69
Exits
7
Investment stage
Seed
Series A
Series B
Company profile
See full breakdown
View VC Firm
Plug & Play
Founded
2017
Investments
17
Exits
0
Investment stage
Pre-Seed
Company profile
See full breakdown
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Point Nine
Founded
2009
Investments
258
Exits
36
Investment stage
Pre-Seed
Seed
Series A
Company profile
See full breakdown
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Project A Ventures
Founded
2012
Investments
164
Exits
27
Investment stage
Seed
Series A
Series B
Company profile
See full breakdown
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Redalpine
Founded
2007
Investments
145
Exits
12
Investment stage
Seed
Series A
Company profile
See full breakdown
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Redstone VC
Founded
2014
Investments
55
Exits
9
Investment stage
Pre-Seed
Seed
Series A
Company profile
See full breakdown
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Scale Capital
Founded
2012
Investments
30
Exits
9
Investment stage
Seed
Series A
Company profile
See full breakdown
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Seed + Speed Ventures
Founded
2016
Investments
49
Exits
5
Investment stage
Pre-Seed
Seed
Company profile
See full breakdown
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Senovo
Founded
2013
Investments
54
Exits
7
Investment stage
Seed
Series A
Company profile
See full breakdown
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Speedinvest
Founded
2011
Investments
356
Exits
21
Investment stage
Seed
Series A
Series B
Company profile
See full breakdown
View VC Firm
SquareOne Capital Corp.
Founded
2018
Investments
20
Exits
1
Investment stage
Pre-Seed
Seed
Series A
Series B
Series C
Company profile
See full breakdown
View VC Firm
Target Global
Founded
2012
Investments
181
Exits
19
Investment stage
Seed
Series A
Series B
Series C
Series D
Company profile
See full breakdown
View VC Firm
Techstars
Founded
2006
Investments
3579
Exits
367
Investment stage
Pre-Seed
Seed
Company profile
See full breakdown
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Verdane
Founded
1985
Investments
133
Exits
17
Investment stage
Series B
Series C
Series D
Company profile
See full breakdown
View VC Firm
Visionaries Club
Founded
2019
Investments
56
Exits
3
Investment stage
Seed
Series A
Company profile
See full breakdown
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Vorwerk
Founded
2007
Investments
42
Exits
22
Investment stage
Seed
Series A
Company profile
See full breakdown
View VC Firm
WestTech Ventures
Founded
2013
Investments
50
Exits
13
Investment stage
Pre-Seed
Seed
Company profile
See full breakdown
View VC Firm
Yabeo
Founded
2013
Investments
41
Exits
7
Investment stage
Seed
Series A
Series B
Company profile
See full breakdown
View VC Firm
b2venture
Founded
2000
Investments
226
Exits
32
Investment stage
Seed
Series A
Series B
Series C
Company profile
See full breakdown
View VC Firm
btov Partners
Founded
2000
Investments
227
Exits
31
Investment stage
Seed
Series A
Series B
Series C
Series D
Company profile
See full breakdown
View VC Firm
signals Venture Capital
Founded
2017
Investments
24
Exits
2
Investment stage
Seed
Series A
Series B
Company profile
See full breakdown
View VC Firm
What are the most active investors in Berlin?

The Berlin venture capital scene is extremely active and there are a number of firms investing in the city’s startups. Some of the most prominent players include Earlybird, Project A Ventures, Capnamic Ventures, Rocket Internet, Point Nine Capital and DN Capital.

These firms have all made significant investments into German tech companies over the past few years. Earlybird has invested in notable startups such as N26 and Delivery Hero, while Project A has backed brands like Kreditech and flaschenpost.
Capnamic Ventures recently led a €30 million round for robotics startup Magazino, while Rocket Internet is one of the biggest investors in Europe’s startup ecosystem with stakes in companies including HelloFresh and Helpling.

Point Nine Capital has backed startups such as Algolia and Contentful, while DN Capital is an early-stage venture capital firm that invests in companies across Europe and the US.

Overall, these firms are some of the most active venture capitalists operating in Berlin and have played a key role in helping to grow the city’s startup ecosystem.

What are the most popular sectors for venture capital investments in Berlin?

The most popular sectors for venture capital investment in Berlin are software, fintech, e-commerce, health tech and artificial intelligence. These areas have all attracted significant investment from venture capitalists over the past few years.
Software companies such as N26 and Delivery Hero have both received large investments from venture capitalists, while fintech startups like Kreditech and SolarisBank have raised millions of euros in among startups in the different stages startup funding.

E-commerce companies such as HelloFresh and flaschenpost have seen a surge of VC activity in recent years, with investors seeing huge potential in these businesses. Health tech startups such as Airmaxx and Health Watchdog are also becoming increasingly attractive to investors thanks to their potential to revolutionize the healthcare industry.

Artificial intelligence is an important area of investment for venture capitalists in Berlin as they look to back promising companies that are developing advanced technologies. AI startups such as Magazino and Algolia have received significant funding from venture capitalists in recent years.
These sectors represent the most popular areas for VC investment in Berlin and demonstrate the city’s potential to become a global hub for technology and innovation.

What are the average deal sizes for investors in Berlin?

The average deal size for venture capital firms in Berlin varies significantly depending on the stage of investment. Early-stage deals are typically smaller, with most investments ranging from €500K to €2 million.

Late-stage investments are often larger, with some companies receiving up to €30 million or more in a single round of funding. However, the average size of late-stage rounds tends to be around €10 - 15 million.

Overall, the average deal size for VCs in Berlin is somewhere between €500K and €15 million, depending on the sector and stage of investment. This demonstrates just how active venture capitalists are in Berlin and how much money they’re willing to invest into promising startups.

It also highlights the potential of Berlin’s startup ecosystem and its ability to attract significant venture capital investment. With more VC firms investing in the city and competition for deals becoming increasingly fierce, it’s likely that we’ll see even larger deal sizes in the future.