Biotech & Life SciencesMobility & TransportationDeveloper ToolsFintechConsumerData & AnalyticsEnterprise SoftwareHardware & SemiconductorsCybersecurityManufacturing
NRW.BANK's venture capital focus is on supporting innovative, technology-driven start-ups and high-growth scale-ups, particularly those with a connection to North Rhine-Westphalia. The firm invests in future-oriented sectors such as climate tech, digitalization, ICT, life sciences, and sustainable technologies, often co-investing with private partners to provide equity and close financing gaps for growth companies.
Average disclosed round size is $38.7M (across 12 rounds with reported amounts).
Portfolio
13
Fund Size
$400M
Top Stage
Seed
Last 12 Mo
4
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
13 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 iDEL Therapeutics | Seed | $9M | Mar 2026 |
| CCo-reactive | Seed | $6.5M | Jan 2026 |
| Ooctonomy | Unknown | $20M | Nov 2025 |
| DDetechgene | Seed | $3.2M | Aug 2025 |
| VVytal | Growth | $14.2M | Mar 2025 |
| SScrapBees GmbH | Seed | $4M | Jan 2025 |
 Gemesys | Pre-Seed | — | Nov 2024 |
 Black Semiconductor | Series A | $254.4M | Jun 2024 |
 cylib | Series A | $55M | May 2024 |
 Refined Laser Systems | Seed | $2.7M | Jan 2023 |
| RResolve Biosciences | Series B | $71M | Oct 2022 |
| UUnu | Series A | $12M | Oct 2018 |
| UUnu | Series B | $12M | — |
Top Co-Investors
Capnamic Ventures4 shared
Ponooc2 shared
Iris Capital2 shared
Porsche Investments2 shared
Vsquared Ventures2 shared
Macquarie Capital1 shared
EDBI1 shared
BonVenture1 shared
HTGF1 shared
HG Ventures1 shared
AFI Capital Partners1 shared
APEX Ventures1 shared
Atlantic Labs1 shared
Amadeus APEX Technology Fund1 shared
Speedinvest1 shared
World Fund1 shared
Bosch Ventures1 shared
DeepTech & Climate Fonds (DTCF)1 shared
10X Founders1 shared
Project A Ventures1 shared
Last updated: 16 April 2026