Finding the right investor in Munich can feel like a big task, but the city has a strong group of VCs. Some firms, like HV Capital, have backed nearly 500 companies, while others like Wellington Partners have seen over 60 successful exits.

The city offers a mix of investors, from firms that focus on early-stage startups to those centered on social impact. We've put together a list to help you find the right fit for your startup.

Below is our list of the best 9 VC firms in Munich.

Failory's Top 9 Picks

Operating as one of Europe's most active investors, HV Capital funds technology companies from their earliest seed rounds through their entire growth journey. Their portfolio is a testament to this model, featuring international successes like Zalando, Delivery Hero, Sumup, and Flixbus.

Year Founded2000
FoundersLars Langusch
Total Funding€2.3B
Average Check Size€5M
IndustriesConsumer, Enterprise, Fintech, Education, Internet & Mobile, Healthcare, DTC, Transportation
Investment StageEarly Stage, Late Stage, Seed
Nº of Investments492 (155 as Lead Investor)
Nº of Exits93 (13 IPO'd)
Top Portfolio StartupsInformed, Hadrian, Storyblok
Contactinfo@hvcapital.com / +49 89 20 60 7-751

Matterwave Ventures invests in early-stage deep tech companies across Europe that are driving industrial transformation. They support founders in areas like automation, new materials, and industrial software, providing the expertise and connections needed to build global companies.

Year Founded2021
Founders
Investment StageEarly Stage, Seed
Nº of Investments53 (27 as Lead Investor)
Nº of Exits2
Contactinfo@matterwave.vc

As an independent venture fund, Alstin Capital invests in fast-growing B2B technology companies across the DACH region and Europe, typically during their Seed and Series A phases. They provide founders with capital and hands-on expertise in sales and marketing to accelerate growth, having backed successful companies like SumUp.

Year Founded2012
FoundersCarsten Maschmeyer
Investment StageEarly Stage, Seed
Nº of Investments34 (20 as Lead Investor)
Nº of Exits6
Contactinfo@alstin.de / +49 89 255 437 250
42CAP Logo

4. 42CAP

Run by the entrepreneurs who built and sold one of Europe’s largest SaaS companies, 42CAP invests in seed-stage tech and data-driven startups across the continent. They provide initial investments of €0.5 to €1.5 million and hands-on guidance to help companies with global ambitions scale.

Year Founded2016
FoundersAlex Meyer, Thomas Wilke
Investment StageEarly Stage, Seed
Nº of Investments86 (29 as Lead Investor)
Nº of Exits8
Contactinfo@42cap.com / +49 (0) 89 24887927
Yttrium Logo

5. Yttrium

Yttrium provides growth equity to B2B technology companies, with a focus on firms in the IndustrialTech and FinTech verticals. Beyond capital, they help build global digital leaders by applying deep B2B domain expertise and a unique corporate network.

Year Founded2015
FoundersAxel Krieger, Dirk Schmuecking, Patrick Beitel, Thomas Jetter
Investment StageEarly Stage, Late Stage
Nº of Investments34 (25 as Lead Investor)
Nº of Exits5
Contactinfo@dplus.partners / 49 89 1250 128-0

Pioneering social impact investing in the German-speaking region, BonVenture provides social entrepreneurs with early-stage capital, expertise, and contacts. They partner with these mission-driven companies to help them grow their organizations and bring social innovations to scale.

Year Founded2003
FoundersErwin Stahl
Investment StageEarly Stage, Seed
Nº of Investments38 (15 as Lead Investor)
Nº of Exits2
Contactinfo@bonventure.de / +49 89 2000125 30

Wellington Partners invests in European technology and life sciences companies, leading financing rounds from early to late stages. They have helped build major successes like Spotify and UiPath, providing the resources for entrepreneurs to execute their strategies.

Year Founded1998
FoundersRolf Christof Dienst
Total Funding€1.1B
Average Check Size€20M
IndustriesHealthcare
Investment StageEarly Stage, Late Stage, Post-Ipo, Private Equity, Seed, Series A, Series B
Nº of Investments247 (78 as Lead Investor)
Nº of Exits62 (12 IPO'd)
Top Portfolio StartupsSpotify, UIpath, Free Now
Contactbusinessplan@wellington-partners.com / +44 203 006 8002

Ananda Impact Ventures provides early-stage and seed funding to European technology businesses creating scalable solutions for today's most urgent social and ecological issues. They have helped build companies like Open Bionics, which develops bionic prostheses for children, and Ororatech, which uses satellite technology to combat forest fires.

Year Founded2010
FoundersFlorian Erber, Johannes Weber
Investment StageEarly Stage, Seed
Nº of Investments63 (25 as Lead Investor)
Nº of Exits5
Contactinfo@ananda.vc / +498976775170

TVM Capital Life Science provides capital to life science companies at every stage, from initial discovery to profitable companies seeking growth capital. Their broad investment focus covers therapeutics, technology platforms, medtech, and diagnostics across North America and Western Europe.

Year Founded1983
Founders
Investment StageEarly Stage, Late Stage, Post-Ipo
Nº of Investments25 (17 as Lead Investor)
Nº of Exits4 (3 IPO'd)
Contactinfo@tvm-capital.com / +49899989920