Investment Firms in Munich, Germany
A major European hub, its startup ecosystem is distinguished by deep integration with world-class technical universities and a historic strength in advanced engineering. This foundation supports leading venture activity in sectors like Climate & Energy, Defense & Space, and Artificial Intelligence. The city's mature investment landscape is characterized by a strong focus on growth-stage financing, building upon established industrial and research corridors.
Munich, Germany's investment landscape is shaped by Healthcare, with 59% of its 34 investment firms focused on this sector. The most active by portfolio size are Picus Capital, HV Capital, and Hitachi Ventures.
Healthcare dominates the investment landscape in Munich, with 59% of investment firms focused on this sector.
Munich is a particularly strong hub for early-stage investing, with over 85% of investment firms active at the Seed or Pre-Seed stage.
Last updated: 9 September 2026
Investment Firms
34
Total Investments
968
Top Sector
Healthcare
Top Stage
Series A
Top Investment Sectors in Munich
The most popular sector focus among Munich investment firms is Healthcare, with 20 investment firms (59%) investing in the space. This is followed by AI (18), Climate & Energy (17), Enterprise Software (9), Biotech & Life Sciences (9).
Investment Stages in Munich
Munich investment firms are most active at the Series A stage (33 investment firms). This is followed by Seed (29), Series B (25), Pre-Seed (16), Series C (15).
Picus Capital
Munich, Germany
133 investments
Seed, Series A
Fintech, Climate & Energy, Healthcare …
HV Capital
Munich, Germany
116 investments
Series A, Seed
AI, Consumer, E-Commerce & Marketplace …
Hitachi Ventures
Munich, Germany
60 investments
Series B, Series A
AI, Biotech & Life Sciences, Climate & Energy …
UVC Partners
Munich, Germany
52 investments
Series A, Seed
AI, Climate & Energy, Mobility & Transportation …
Possible Ventures
Munich, Germany
51 investments
Seed, Pre Seed
Climate & Energy, Healthcare, Biotech & Life Sciences …
Acton Capital
Munich, Germany
49 investments
Series A, Series B
SaaS, E-Commerce & Marketplace, Fintech …
42CAP
Munich, Germany
49 investments
Seed, Series A
Enterprise Software, SaaS, Data & Analytics …
Vsquared Ventures
Munich, Germany
41 investments
Series A, Seed
AI, Climate & Energy, Defense & Space …
10x Founders
Munich, Germany
41 investments
Seed, Series A
SaaS, E-Commerce & Marketplace, Education …
Burda
Munich, Germany
30 investments
Series A, Series B
E-Commerce & Marketplace, Fintech, Cybersecurity …
Matterwave Ventures
Munich, Germany
26 investments
Seed, Series A
Manufacturing, Hardware & Semiconductors, Robotics & Automation …
Ananda Impact Ventures
Munich, Germany
24 investments
Series A, Seed
Climate & Energy, Education, Biotech & Life Sciences …
Allianz
Munich, Germany
23 investments
Series B, Series C
Insurance, Fintech
Rethink Ventures
Munich, Germany
22 investments
Seed, Series A
Mobility & Transportation, Logistics & Supply Chain, Climate & Energy
MIG
Munich, Germany
21 investments
Series A, Seed
Biotech & Life Sciences, Healthcare, Hardware & Semiconductors …
Senovo
Munich, Germany
20 investments
Series A, Seed
SaaS, Enterprise Software, Cybersecurity …
Tengelmann Ventures
Munich, Germany
18 investments
Series B, Series A
E-Commerce & Marketplace, Consumer, Food & Agriculture
Siemens Financial Services
Munich, Germany
18 investments
Series A, Series B
Climate & Energy, Healthcare, Manufacturing …
Carma Fund
Munich, Germany
16 investments
Seed, Series B
Biotech & Life Sciences, Healthcare
Venture Stars
Munich, Germany
15 investments
Seed, Series A
Consumer, SaaS, Fintech …
YZR Capital
Munich, Germany
15 investments
Seed, Series A
Healthcare, Biotech & Life Sciences, AI
Vanagon
Munich, Germany
15 investments
Pre Seed, Seed
AI, Climate & Energy, Hardware & Semiconductors …
BonVenture
Munich, Germany
14 investments
Series A, Seed
Healthcare, Education, Climate & Energy …
Siemens AG
Munich, Germany
14 investments
Series A, Series B
Manufacturing, Infrastructure & Cloud, Mobility & Transportation …
Caesar
Munich, Germany
14 investments
Seed, Pre Seed
AI, Climate & Energy, Healthcare …
TVM Capital Life Science
Munich, Germany
12 investments
Series C, Series A
Biotech & Life Sciences, Healthcare
Holtzbrinck Digital
Munich, Germany
12 investments
Series E, Series B
Education, Media & Entertainment, E-Commerce & Marketplace …
Armira Growth
Munich, Germany
10 investments
Growth, Series A
Enterprise Software, SaaS
Signature Ventures
Munich, Germany
9 investments
Seed, Pre Seed
Crypto & Web3, AI, Biotech & Life Sciences
Capmont
Munich, Germany
6 investments
Seed, Series B
Enterprise Software, SaaS, Manufacturing …
G-FUND
Munich, Germany
6 investments
Seed, Series B
Consumer, Food & Agriculture, Healthcare …
G+D Ventures
Munich, Germany
6 investments
Seed, Series A
Cybersecurity, Fintech, Data & Analytics
Alpine Space Ventures
Munich, Germany
5 investments
Series A, Series B
Defense & Space
FTTF
Munich, Germany
5 investments
Seed, Series A
AI, Hardware & Semiconductors, Manufacturing …