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    Vanagon

    Munich, GermanyFounded 2023

    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.

    33% of their portfolio is in AI. Deal activity decreased year-over-year (2 deals in the last 12 months vs 5 prior). Their most common stage is pre-seed (48% of deals). Average disclosed round size is $5.7M (across 8 rounds with reported amounts).

    Find people at Vanagon on Goldilocks AI

    Portfolio

    18

    Fund Size

    $23.4M

    Top Stage

    Pre Seed

    Last 12 Mo

    2

    Team

    Axel Roitzsch

    Axel Roitzsch

    General Partner

    Sandro Stark

    Sandro Stark

    General Partner

    Susanne Fromm

    Susanne Fromm

    General Partner

    SS

    Sandro Stark

    Founder / General Partner

    AR

    Axel Roitzsch

    VC

    FS

    Felix Schoppa

    Deep Tech VC

    SF

    Susanne Fromm

    GP

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    21 investments
    CompanyRoundAmountDate
    Neuramancer AI Solutions logoNeuramancer AI SolutionsPre-Seed—Mar 2026
    EWIGBYTE logoEWIGBYTEPre-Seed—Jan 2026
    Neuramancer logoNeuramancerPre-Seed—Jan 2026
    36ZERO Vision logo36ZERO VisionSeed—Jul 2025
    Particula logoParticulaPre-Seed$5.5MApr 2025
    PParticulaPre-Seed$5.5MApr 2025
    Particula logoParticulaUnknown$5.5MApr 2025
    36Zero Vision logo36Zero VisionSeries A—Jan 2025
    Particula logoParticulaPre-Seed$5.5MJan 2025
    Particula logoParticulaUnknown$5.5MJan 2025
    36ZERO Vision logo36ZERO VisionSeries A—Jan 2025
    ExoMatter logoExoMatterPre-Seed—Oct 2024
    The Landbanking Group logoThe Landbanking GroupSeed$11.0MOct 2023
    LLearn.xyzSeed$3MJan 2023
    HHeartstocksUnknown—Jan 2023
    MIR Insight logoMIR InsightUnknown——
    Deeplify logoDeeplifyPre-Seed——
    DDeeplifyPre-Seed——
    MMIR InsightUnknown——
    Renoster logoRenosterSeed$3.7M—
    TTentrisPre-Seed——

    Top Co-Investors

    Last updated: 20 October 2026