
Schwarz Group is a German multinational retail conglomerate — the largest European retailer and fourth-largest globally — operating Lidl and Kaufland, with divisions in food production, recycling (PreZero), and digital services (Schwarz Digits/STACKIT). It makes strategic corporate venture investments in AI, cloud infrastructure, and digital transformation, backing companies such as Aleph Alpha and Cohere.
30% of their portfolio is in AI.
Portfolio
8
Fund Size
—
Top Stage
Series B
Last 12 Mo
3
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
10 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Series B | — | Sep 2025 | |
| IIQM Finland | Series B | $50M | Sep 2025 |
| Unknown | $320M | Sep 2025 | |
| VVÆRIDION | Series A | — | Dec 2024 |
| Series A | — | Dec 2024 | |
| Seed | — | Sep 2024 | |
| Seed | — | Jan 2024 | |
| Series B | — | Nov 2023 | |
| Growth | — | Nov 2023 | |
| Series A | — | — |
Top Co-Investors
Bayern Kapital4 shared
Vsquared Ventures4 shared
Tesi3 shared
World Fund3 shared
InnovationQuarter3 shared
Project A3 shared
Hewlett Packard Enterprise2 shared
Winbond Electronics Corporation2 shared
Union Square Ventures2 shared
Burda Principal Investments1 shared
Lakestar1 shared
Robert Bosch Venture Capital1 shared
TenEleven Ventures1 shared
High-Tech Gründerfonds1 shared
Salvia1 shared
Maki.vc1 shared
OpenOcean1 shared
Last updated: 7 October 2026