Grazia Equity is one of Germany's most experienced venture capital firms, founded in 1998 and based in Stuttgart. The firm invests its own capital in early-stage technology-driven startups across clean tech, B2B digitization, sustainable consumption, and healthcare.
Deal activity decreased year-over-year (1 deals in the last 12 months vs 4 prior). Average disclosed round size is $39.3M (across 8 rounds with reported amounts).
Portfolio
15
Fund Size
$100M
Top Stage
Series A
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
16 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Q.ANT | Series A | — | Jul 2025 |
 Lumotive | Series B | $45M | Feb 2025 |
| AAffinity Africa | Seed | $8M | Feb 2025 |
 Formo | Series B | — | Sep 2024 |
 XO Life | Unknown | — | Aug 2024 |
 ZAGENO | Series C | $60M | Nov 2021 |
 Lingoda | Growth | — | Apr 2021 |
 gitti | Series A | — | Jan 2021 |
 Hypatos | Seed | $11.8M | Sep 2020 |
 Carisma Therapeutics | Series A | $53M | Jun 2018 |
 YEAY | Seed | $4.9M | Jun 2017 |
 Quantenna Communications | Unknown | $79M | Jan 2012 |
| MMetaversum | Unknown | — | Jan 2009 |
| Lumotive | Series B | — | — |
 Vytal | Unknown | — | — |
| CCarisma Therapeutics, Inc. | Series A | $53M | — |
Top Co-Investors
UVC Partners2 shared
MRL Ventures Fund2 shared
Wellington Management2 shared
TPG Biotech2 shared
Agent Capital2 shared
HealthCap2 shared
Plug and Play Tech Center2 shared
Mountain Group Partners2 shared
ITHCA Group2 shared
TSVC2 shared
Quan Funds2 shared
Gates Frontier2 shared
MetaVC Partners2 shared
Swisscom Ventures2 shared
USAA2 shared
imec.xpand1 shared
Foresight Ventures1 shared
Cherry Ventures1 shared
LEA Partners1 shared
Last updated: 8 September 2026