Holtzbrinck Ventures
Venture capitalEurope · Seed–Growth · 1 people tracked
Investment thesis
HV Capital invests in bold, early and growth-stage European companies across a wide range of industries, embracing ideas that are new, ambitious, and complex. With 26 years of experience and multiple fund generations, the firm supports founders through economic cycles and across sectors including AI and enterprise software, deep tech, defense and resilience, consumer, and fintech. It positions itself as a multi-stage investor providing both capital and conviction to help founders build companies that will define the future.
Source: firm website, verified Aug 20, 2026.
Team · 1 people
from the firm's websiteWhat they invest in
from 14 of 35 portfolio companiesAI & Machine Learning ×4Consumer ×3E-commerce ×3Enterprise Software ×3Hardware ×3Marketplaces ×3Cleantech ×2Climate Tech ×2
HQs:Germany×11United Kingdom×1
Who they back
founder profiles across 11 portfolio companiesFounding team size:solo founder×62 founders×23 founders×24+ founders×1
Where their founders worked beforefrom 11 founders with career history
Credit Suisse ×2
Investments · 35 tracked
founders shown can be your intro pathAI workflow automation platform that enables developers and teams to connect apps, APIs, and AI services to automate business processes.
Co-investorsHV Capital
Defense robotics company building autonomous ground systems.
Cognitive robotics platform for industrial and service applications.
OneSpan provides electronic signature and digital agreement software for enterprises, supporting document signing, identity verification, and workflow integrations with CRM, HRIS, and productivity tools.
CybersecurityEnterprise SoftwareSaaS
Co-investorsFrog CapitalNotion Capital
Defense robotics company building autonomous ground systems.
Co-investorsHV Capital
Defense technology company building autonomous systems across domains.
Co-investorsHV Capital
German multinational online food ordering and delivery company (DHER.DE).
Berlin, DE
Nikita Fahrenholz(Founder)Niklas Östberg(Founder & CEO)in
Co-investorsAlpha Wave GlobalAsgard - human Capital for AICathay InnovationExpon CapitalFJ LabsGerman Startups Group+14 more
Co-investorsBalderton CapitalBallpark VenturesCreandumHV CapitalOctopus VenturesTempoCap
Enpal offers residential solar systems for German households, available for purchase or rental in an all-in-one package that can include battery storage, a wallbox, an app, and a heat pump.
CleantechClimate TechEnergy
Mario Kohle(Founder)in
Co-investorsB CapitalCaesar VenturesHeliad AGHV CapitalPICUS CAPITALThe Westly Group
FlixBus operates an intercity bus network offering online and app-based ticket booking, real-time journey tracking, and e-tickets across roughly 8,000 destinations in 40+ countries.
MarketplacesMobility & TransportationTravel & Hospitality
André Schwämmlein(Founder)in
Co-investorsCherry VenturesHV CapitalSilver Lake PartnersUVC Partners
HOLY is a beverage brand that produces syrup-based drinks and branded merchandise for a community-driven "Squad" of consumers.
ConsumerDirect to ConsumerFoodTechBerlin, DE
MatzePhilippFrediMathias Horsch(Founder)in
Co-investorsFELIX CAPITALFoodLabsHV CapitalLeft Lane CapitalSimon CapitalV3 Ventures+5 more
Isar Aerospace provides launch services for small and medium-sized satellites and satellite constellations, targeting global customers seeking access to space.
Advanced ManufacturingDeep TechHardwareSpace TechMunich, DE
Daniel Metzler(Chief Executive Officer)Josef Fleischmann(Chief Technical Officer)Stella Guillen(Chief Commercial Officer)
Co-investorsBayern KapitalCipio PartnersCoastCapEarlybird Venture CapitalHV CapitalMolten Ventures+5 more
KoRo is an online food retailer selling bulk-packaged groceries and snacks such as nuts, dried fruit, protein products, nut butters and superfood powders directly to consumers.
Direct to ConsumerE-commerceFoodTechBerlin, DE
Flo(CEO)
Co-investorsCoefficient CapitalFive Seasons VenturesHV CapitalPymwymicSevenVenturesKharis Capital
Fusion energy technology company developing clean power.
Co-investorsEarlybird DWES Management GmbH & Co. KGHV CapitalPossible Venturesb2venture
n8n is a visual and code-based workflow automation platform that enables technical teams to build, connect, and deploy AI agents and integrations with flexible deployment options ranging from on-premise to cloud infrastructure.
AI & Machine LearningDeveloper ToolsEnterprise Software
Jan Oberhauser(Founder & CEO)in
Co-investorsAccelFelicis Venturesfirstminute capitalHarpoon VenturesHighland EuropeHV Capital+5 more
NEURA Robotics develops cognitive robots equipped with AI and perception capabilities that learn and collaborate with humans in physical environments.
AI & Machine LearningHardwareRoboticsMetzingen, DE
David Reger(CEO and Founder)in
Co-investorsGrazia Equity GmbHHV CapitalPRIMEPULSE SEQualcomm VenturesSound Media VenturesVsquared Ventures+4 more
Outfittery is a personal styling service that curates clothing selections from over 150 brands and delivers them to customers who only pay for items they choose to keep.
ConsumerE-commerceMarketplacesBerlin, DE
Julia Bösch(Founder)in
Co-investorsHighland EuropeHV CapitalMangrove Capital PartnersNorthzonePrivilège Ventures10x Group+3 more
Quantum Systems designs and manufactures electric vertical take-off and landing (eVTOL) unmanned aerial systems for military, defense, and commercial customers to collect aerial intelligence and real-time mission-critical data.
AI & Machine LearningDeep TechDefense TechHardware
Tobias Kloss(Founder)Armin Busse(Founder)Florian Seibel(Co-Founder & Co-CEO)inSven Kruck(Co-CEO)inDave Sharpin(CEO at Quantum Systems Inc.)in
Co-investorsBalderton CapitalBayern KapitalHV CapitalNotion CapitalAirbus VenturesIn-Q-Tel+6 more
London-based digital banking app offering multi-currency accounts, cards, trading and business accounts to 65m+ customers.
London, GB
Nikolay Storonsky(Co-founder & CEO)inVlad Yatsenko(Co-founder & CTO)inNik Storonsky(Co-founder & CEO)
Co-investorsAglae VenturesAlkeon InnovationAlpha Wave GlobalAMK Investment OfficeAndreessen HorowitzAspire11+35 more
Digital investment and wealth management platform.
Co-investorsGerman Startups GroupHV Capital
Space launch company for small and mid-sized satellites.
Studydrive is a study platform and community offering over one million student-generated resources such as notes, summaries, and past exams, along with AI tools that generate flashcards and document summaries.
AI & Machine LearningEdTechSocial
Co-investorsAlstin CapitalDvH Ventures
Thermondo installs heat pumps, photovoltaic systems, and energy management solutions for homeowners in Germany, handling planning, government subsidy applications, and installation as a complete package.
CleantechClimate TechEnergy
Philipp Pausder(Founder)in
Co-investorsEneco VenturesFuture Energy VenturesMutschler VenturesPICUS CAPITALVorwerk Ventures10x Founders+1 more
Upvest provides an API enabling financial institutions to offer investment products to their customers.
Enterprise SoftwareFintechSaaSBerlin, DE
Martin Kassing(Founder & CEO)in
Co-investorsBessemer Venture PartnersEarlybird DWES Management GmbH & Co. KGEarlybird Venture CapitalHV CapitalNotion CapitalSapphire Ventures+5 more
Zalando is an online fashion and lifestyle retailer selling clothing, shoes, and accessories to consumers.
ConsumerE-commerceMarketplacesBerlin, DE
Robert Gentz(Founder)in
Co-investorsHV CapitalKinnevikGlobal Founders Capital
Exits · 1
IPOs and acquisitions across the tracked portfolioDealfloacq. by Onespan
Portfolio news
latest coverage across their companies
Revolut · europeanbusinessmagazine.com · Aug 20, 2026
Delivery Hero · thestar.com.my · Aug 4, 2026
n8n · prnewswire.com · Jul 17, 2026
Upvest · eu-startups.com · Jul 14, 2026
NEURA Robotics · news.crunchbase.com · Jun 22, 2026
Flix · corporate.flix.com · Jan 13, 2026
Frequently asked questions
- How many investments has Holtzbrinck Ventures made?
- Holtzbrinck Ventures has 31 tracked investments.
- What stage does Holtzbrinck Ventures invest at?
- Holtzbrinck Ventures invests at the Seed, Series A, Series B, Series C, Growth stages.
- What sectors does Holtzbrinck Ventures focus on?
- Holtzbrinck Ventures focuses on AI & Machine Learning, Cleantech, Consumer, Deep Tech, Defense Tech, Direct to Consumer, E-commerce, Energy, Enterprise Software, Fintech, FoodTech, Marketplaces, Robotics, SaaS, Sector Agnostic, Space Tech, Travel & Hospitality.
- Where is Holtzbrinck Ventures located?
- Holtzbrinck Ventures is headquartered in Europe, DE.
- Who does Holtzbrinck Ventures co-invest with?
- Holtzbrinck Ventures most often shares deals with HV Capital, Balderton Capital, Earlybird Venture Capital, among 106 tracked co-investors.
Images
Co-investors · 17
HV Capital is a European multistage venture capital firm that backs founders from the first check through IPO, investing across consumer, software, deep tech and AI.
Balderton Capital is a European venture capital firm that backs technology startups.
Picus Capital is an early-stage technology investment firm that partners closely with founders on strategic and operational challenges to help build global companies.
Point Nine is an early-stage venture capital firm that has operated for nearly 15 years, emphasizing focus over scale.
Northzone is a technology-focused venture capital firm investing across AI and deep tech on both sides of the Atlantic, backing companies from early stage through growth.
Cherry Ventures is an early-stage European venture capital firm that backs founders across a range of industries including AI, energy, gaming, and space technology.
Unknown Ventures is a venture studio based in Austin that provides funding and operational support to early-stage startups at the pre-seed to Series A stage. The firm backs founders seeking to create innovative solutions that improve human experience.
DST Global is a global internet-focused investment firm that backs fast-growing, high-value internet companies. It does not solicit or accept retail investors.
Atomico is an international venture capital firm that invests in growth-stage technology companies across multiple geographies. The firm focuses on scaling disruptive technology businesses globally.
Believes that best ideas happen offline. Offline Ventures is Interested in companies that are driven by both profit and purpose while taking great care of the world around them
DN Capital is a global early-stage venture firm founded in 2000, investing in Seed, Series A and select Series B companies across Europe and North America.
Heartcore Capital is an early-stage venture capital firm backing European founders from inception. It invests in startups from inception through Series A, and also invests in web3 protocols from idea to liquid tokens.
▶5 more co-investors
White Star CapitalPiton Capital LLPTeam GlobalAtlantic Vantage PointPhenomen Ventures
Firms observed investing alongside Holtzbrinck Ventures, from public investor directories. Shared companies are the overlap with Holtzbrinck Ventures's recorded portfolio.
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