Lunar Ventures is a Berlin-based deep-tech, seed-stage venture capital firm backing technical founders from day zero. The firm focuses on hard technical problems including AI infrastructure, homomorphic encryption, data infrastructure, and techbio, investing primarily across Europe and selectively in the US.
Deal activity decreased year-over-year (1 deals in the last 12 months vs 2 prior). Their most common stage is seed (50% of deals). Average disclosed round size is $5.6M (across 9 rounds with reported amounts).
Portfolio
13
Fund Size
$54M
Top Stage
Seed
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
14 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Emm | Seed | $9M | Nov 2025 |
 Otera | Series A | — | Jun 2025 |
 Neurolabs | Series A | $7.8M | Apr 2025 |
 Deepset | Series B | — | Aug 2023 |
 Hathora | Unknown | $7.6M | Jun 2023 |
 iLoF | Seed | — | Jul 2022 |
| Deepset | Series A | $14M | Apr 2022 |
 Runware | Seed | $3M | — |
 Reach Industries | Seed | — | — |
 INSTILL AI | Seed | $3.6M | — |
 Lodestar | Pre-Seed | $2.5M | — |
 Wasp | Seed | $1.5M | — |
 Wasp | Seed | $1.5M | — |
 NannyML | Pre-Seed | — | — |
Top Co-Investors
GV2 shared
Harpoon Ventures2 shared
System.One2 shared
468 Capital2 shared
HV Capital2 shared
Labcorp1 shared
Alumni Ventures1 shared
Blue Lion Global1 shared
Hoxton Ventures1 shared
Sequoia Capital1 shared
Alter Global1 shared
M121 shared
Scale Venture Partners1 shared
re.Mind Capital1 shared
Quiet Capital1 shared
Berggruen Holdings1 shared
Faber1 shared
Techstart Ventures1 shared
Nauta Capital1 shared
LAUNCH1 shared
Last updated: 8 September 2026