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.
Average disclosed round size is $31.7M (across 18 rounds with reported amounts).
Portfolio
18
Fund Size
$100M
Top Stage
Series A
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
27 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Q.ANT | Series A | — | Jul 2025 |
 Lumotive | Series B | $45M | Feb 2025 |
| AAffinity Africa | Seed | $8M | Feb 2025 |
 Affinity | Seed | $8M | Feb 2025 |
| Lumotive | Series B | — | Jan 2025 |
 Affinity | Seed | $8M | Jan 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 |
| Formo | Series A | $50M | Jan 2021 |
 Hypatos | Seed | $11.8M | Sep 2020 |
| Formo | Seed | $4.7M | Jan 2019 |
| CCarisma Therapeutics, Inc. | Series A | $53M | Jun 2018 |
 CARISMA | Series A | $53M | Jun 2018 |
| CARISMA | Series B | $59M | Jan 2018 |
 YEAY | Seed | $4.9M | Jun 2017 |
 SMACC | Series A | — | Jun 2016 |
 Quantenna Communications | Unknown | $79M | Jan 2012 |
| MMetaversum | Unknown | — | Jan 2009 |
 Vytal | Growth | — | — |
| CCarisma Therapeutics, Inc. | Series A | $53M | — |
| Zageno | Series A | $8M | — |
| Zageno | Series B | $20M | — |
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Top Co-Investors
Plug and Play Tech Center5 shared
MRL Ventures Fund4 shared
Wellington Management4 shared
TPG Biotech4 shared
Agent Capital4 shared
HealthCap4 shared
EQT Ventures3 shared
CPT Capital3 shared
Agronomics3 shared
Capnamic Ventures3 shared
General Catalyst3 shared
Launch Africa Ventures3 shared
Backed VC3 shared
Enza Capital3 shared
AbbVie3 shared
UVC Partners2 shared
Cherry Ventures2 shared
Lowercarbon Capital2 shared
M Ventures2 shared
Happiness Capital2 shared
Last updated: 20 October 2026