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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.

    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).

    Find people at Vanagon on Goldilocks AI

    Portfolio

    15

    Fund Size

    $23.4M

    Top Stage

    Pre Seed

    Last 12 Mo

    3

    Team

    Axel Roitzsch

    Axel Roitzsch

    General Partner

    Sandro Stark

    Sandro Stark

    General Partner

    Susanne Fromm

    Susanne Fromm

    General Partner

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    15 investments
    CompanyRoundAmountDate
    neuramancer AI logoneuramancer AIPre-SeedMar 2026
    Ewigbyte logoEwigbytePre-SeedJan 2026
    NNeuramancerPre-SeedJan 2026
    Particula logoParticulaPre-Seed$5.5MApr 2025
    PParticulaPre-Seed$5.5MApr 2025
    336Zero VisionSeries AJan 2025
    Exomatter logoExomatterPre-SeedOct 2024
    The Landbanking Group logoThe Landbanking GroupSeed$11.0MOct 2023
    LLearn.xyzSeed$3MJan 2023
    HHeartstocksUnknownJan 2023
    MIR Insight logoMIR InsightUnknown
    Deeplify logoDeeplifyPre-Seed
    DDeeplifyPre-Seed
    MMIR InsightUnknown
    RRenosterSeed$3.7M

    Top Co-Investors

    EWOR4 shared
    Lightfield Equity2 shared
    Tenity2 shared
    BlackWood2 shared
    D11Z2 shared
    BONVENTURE1 shared
    4P Capital1 shared
    Planet A1 shared
    Rockstart1 shared
    Techstars1 shared
    Climactic1 shared

    Last updated: 8 September 2026