Top VC Investors in Germany 2025: 17 Venture Capitalists With High Activity Levels
In the dynamic world of startups, the German market has been thriving, with a significant increase in venture capital (VC) activity in Q2 2025. According to the analysis conducted by data service startupdetector, the top venture capital firms active in this scene were:
- HTGF (High-Tech Gründerfonds): The most active investor, completing 7 deals in Q2 2025.
- Angel Invest: Completed 5 deals.
- Capnamic: Also completed 5 deals.
- Bayern Kapital: Completed 4 deals.
- D11Z Ventures: Completed 3 deals.
These firms led the German VC landscape by deal activity in the period, according to Trustventure’s Q2 2025 analysis.
The German startup scene raised a total of EUR 2.4 billion in Q2 2025, marking a 45% increase from the previous year. This upswing in VC activity was partly driven by increased foreign investment, particularly from US investors.
Notable among the German startups was Proxima Fusion (Munich), which secured a large €130M Series A in June 2025. However, the main active VC firms remained those listed above.
Interestingly, EQT, the only international venture capital firm in the top players of the German startup scene in Q2 2025, hails from Sweden. EQT made four investments in the German startup scene in Q2 2025, but the ranking of the most active venture capital firms was based solely on the number of investments made, not the quality or amount of capital invested.
The absence of Anglo-Saxon investors among the most active in the German startup scene in Q2 2025 underscores the growing influence of European venture capital firms in the German startup ecosystem.
| VC Firm | Number of Deals Q2 2025 | |---------------|-------------------------| | HTGF | 7 | | Angel Invest | 5 | | Capnamic | 5 | | Bayern Kapital| 4 | | D11Z Ventures | 3 |
These are recognized as the most active VC firms driving the German startup funding scene in Q2 2025.
- The most active venture capital firms driving the funding scene in German startups, as evidenced by the number of deals completed in Q2 2025, include technology-focused firms such as HTGF (High-Tech Gründerfonds) and Capnamic.
- The adoption of technology in the German startup market has been significant, with finance ventures like Proxima Fusion successfully raising large amounts, such as the €130M Series A, to innovate in this sector.
