Vsquared Ventures

Vsquared Ventures is a venture capital firm headquartered in Munich, Germany, that invests in early-stage deep-tech companies across Europe. The firm describes itself as backing entrepreneurs "engineering the seemingly impossible" and concentrates on businesses whose principal uncertainty is technological rather than commercial. Its stated focus areas include quantum and novel computing, new computing and sensing, green energy and the energy transition, robotics and manufacturing, AI/ML and next-generation software, new space, synthetic biology, tech-bio and healthcare.

The firm invests from pre-seed through Series A, and directory profiles also list participation at later stages. It operates two named fund vehicles, Vsquared Ventures I GmbH & Co. KG and Vsquared Ventures II GmbH & Co. KG, both of which are supported by InnovFin Equity with financial backing from the European Union under the Horizon 2020 financial instruments and the European Fund for Strategic Investments (EFSI) established under the Investment Plan for Europe.

Published portfolio companies include Isar Aerospace (launch vehicles), IQM (superconducting quantum computers), Black Semiconductor (graphene-based chip interconnects), Neura Robotics (cognitive robotics), Snowcap (superconducting compute for AI/HPC), Inbrain Neuroelectronics (graphene-based neural interfaces), The Exploration Company (space exploration services), OQmented, Belfort (hardware acceleration for encrypted computing), Hedera Dx (precision oncology diagnostics), Morpheus Space (satellite ion propulsion), Group 14 Technologies (lithium-silicon battery materials), Zama, Hyperganic and Custom Cells.

Business model

Vsquared Ventures operates as a venture capital fund manager, deploying capital from institutional fund vehicles (Vsquared Ventures I and II GmbH & Co. KG) into equity stakes in early-stage deep-tech companies and supporting portfolio companies with industry, research and ecosystem connections.

Traction

Vsquared Ventures states it has invested in more than 30 companies and manages two fund vehicles backed by InnovFin Equity, the EU's Horizon 2020 financial instruments and EFSI. Portfolio companies have raised subsequent financings, including Neura Robotics' EUR 120 million round in January 2025 and Hedera Dx's EUR 15 million Series A in May 2025.