
Vanagon Ventures is a Munich-based pre-seed and seed venture capital firm backing AI-native and DeepTech founders across Europe. The firm focuses on sovereign-edge technologies in industrial, nature, and digital infrastructure sectors, investing up to €500k as lead investor.
Deal activity decreased year-over-year (2 deals in the last 12 months vs 3 prior). Their most common stage is pre-seed (53% of deals). Average disclosed round size is $5.7M (across 5 rounds with reported amounts).
Portfolio
15
Fund Size
$23.4M
Top Stage
Pre Seed
Last 12 Mo
3
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
15 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Pre-Seed | — | Mar 2026 | |
| Pre-Seed | — | Jan 2026 | |
| NNeuramancer | Pre-Seed | — | Jan 2026 |
| Pre-Seed | $5.5M | Apr 2025 | |
| PParticula | Pre-Seed | $5.5M | Apr 2025 |
| 336Zero Vision | Series A | — | Jan 2025 |
| Pre-Seed | — | Oct 2024 | |
| Seed | $11.0M | Oct 2023 | |
| LLearn.xyz | Seed | $3M | Jan 2023 |
| HHeartstocks | Unknown | — | Jan 2023 |
| Unknown | — | — | |
| Pre-Seed | — | — | |
| DDeeplify | Pre-Seed | — | — |
| MMIR Insight | Unknown | — | — |
| RRenoster | Seed | $3.7M | — |
Top Co-Investors
Bayern Kapital5 shared
EWOR4 shared
Lightfield Equity2 shared
Plug and Play Tech Center2 shared
Tenity2 shared
SixThirty Ventures2 shared
Futury Capital2 shared
BlackWood2 shared
D11Z2 shared
Bloomhaus Ventures1 shared
BONVENTURE1 shared
4P Capital1 shared
Planet A1 shared
Rockstart1 shared
Borderless Capital1 shared
Blockchange Ventures1 shared
Techstars1 shared
Possible Ventures1 shared
Climactic1 shared
Seraphim Space1 shared
Last updated: 8 September 2026