Fundraising Fox

HV Capital

Venture capital

Munich, Bavaria · Pre-Seed–Late Stage · 73 people tracked

Also known as HV CAPITAL ADVISER GMBH · HV Capital GmbH Co. geschlossene Investment KG · HV CAPITAL MANAGEMENT, LLC · HV CAPITAL MANAGER GMBH · HV Capital Ventures GmbH Co. geschlossene Investment KG

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Investment thesis

HV Capital positions itself as a long-horizon European investor with more than 26 years of experience backing innovative companies across industries and through economic cycles. The firm emphasizes providing both capital and conviction to founders pursuing bold ideas, from early concept to scale. Its interests span defense technology and autonomous systems, robotics, fashion and lifestyle e-commerce, AI workflow automation, space launch, and digital wealth management, reflecting a broad, sector-flexible approach to backing companies it believes will shape the future.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Late Stage
Check
$540K – $54M
HQ
Munich, Bavaria, DE
Leads rounds
Follows
Instruments
Equity
Founded
2000
AUM
$71.5M
VC funds
10
Tracked investments
34

Team · 73 people

from the firm's website & public directories
Dr. Christian Saller· General Partnerin
David Fischer· Principalin
Zuzanna Czapinska· Principalin
Alec Eastman
Alexander Weidenhaus
Ann-Christin Stiehl
Anna Ott
Birute Bagdonaite
Christian Berktold
Daniel Bertele
Dominik Baumgartner
Eileen Shea
Emma Ubrig
Frazier Christie
Frederic Kost
Hannah Stein
Jack McGuinness
Joscha Magerfleisch
Kasey Davies
Kilian Gapp
Kristin Bodensteiner
Laura Treublein-leu
Lisa Coatantiec
Louise Meyer-Schönherrin
Lucian Rilling
Luisa Textor
Luise Igl-Wefelscheid
Magalie Karr
Marianna Jaschke
Marie Bos
Martin Ottin
Martina Schulz
Matthias Lerf
Natalia Pineda
Nicolas Clemm
Sandra Gaubatz
Sebastian Schulenberg
Shannon Storch
Susann Aulbach
Susie Meier· Investorin
Sybille Siebert
Tanita Uzunova
Tian-Gu Shum
Ugur Cetinkaya
Vincent Coon
Wolfgang Reis

What they invest in

from 16 of 34 portfolio companies

AI & Machine Learning ×7Consumer ×4Enterprise Software ×4Hardware ×4Marketplaces ×4Deep Tech ×3E-commerce ×3SaaS ×3

HQs:Germany×12United Kingdom×1

Investments · 34 tracked

founders shown can be your intro path
7Education7education.comin✓ verified

Seven Education operates a unified digital platform serving schools and educational institutions across Europe, providing tools for school communication, class management, lesson planning, school administration, and AI-powered features.

AI & Machine LearningEdTechSaaSKoblenz, DE

Daniel ZachariasJan Micha Kroll

ARX Roboticsarx-robotics.comin✓ verified

ARX Robotics develops robotics and sensor systems, with a stated focus on defense applications that protect people and support European sovereignty and security.

AI & Machine LearningDeep TechDefense TechHardwareRobotics

Quantum Systemsquantum-systems.comin𝕏✓ verified

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

Yapilyyapily.comin𝕏✓ verified

Yapily provides open banking APIs and infrastructure that enable financial services companies to build and deliver better financial products.

Cloud ComputingData & InfrastructureEnterprise SoftwareFintechLondon, GB

AI workflow automation platform

AI workflow automation platform that enables developers and teams to connect apps, APIs, and AI services to automate business processes.

Alascoalasco.dein𝕏
AMI Labs
Dancedance.coin𝕏

Dance offers electric mobility subscriptions for bikes and mopeds in European cities, including maintenance and repairs.

CleantechConsumerMobility & TransportationBerlin, DE

Eric Quidenus-Wahlforss(Founder)Alexander Ljung(Founder)Christian Springub(Co-founder)

Defense robotics company

Defense robotics company building autonomous ground systems.

Defense technology company

Defense technology company building autonomous systems across domains.

Delivery Hero
Depopdepop.com
Enpalenpal.comin𝕏

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

Exeinexein.ioin𝕏
Finn
Flix
HelloFreshhellofresh.com
HOLY
Home24home24.de
Isar Aerospaceisaraerospace.comin𝕏

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)

KoRo
Marvel Fusion
n8nn8n.ioin𝕏

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

Nablanabla.comin𝕏

Nabla develops a clinical AI platform that integrates into healthcare workflows to assist with patient interactions.

AI & Machine LearningDigital HealthHealthtech

NEURA Roboticsneura-robotics.comin𝕏

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)

OUTFITTERYoutfittery.de

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

PACT

Materials science company replacing plastics in fashion and textiles with high-performance, cost-competitive collagen-based drop-in solutions.

quandooquandoo.com

Quandoo operates a restaurant reservation platform enabling diners to book tables at restaurants across multiple countries in Europe, Asia-Pacific, and other regions.

ConsumerMarketplaces

Scalable Capital

Digital investment and wealth management platform.

Stylightstylight.de

Stylight is a fashion and home decor discovery and comparison platform that aggregates products from leading online retailers worldwide.

E-commerceMarketing TechMarketplaces

The Naked Marketthenakedmarket.com
Upvestupvest.coin

Upvest provides an API enabling financial institutions to offer investment products to their customers.

Enterprise SoftwareFintechSaaSBerlin, DE

voizevoize.dein𝕏

Voize develops voice-based documentation software for healthcare caregivers to reduce administrative time and increase time spent with patients.

AI & Machine LearningDigital HealthEnterprise SoftwareFuture of WorkHealthtechSaaSBerlin, DE

Fabio Schmidberger(Founder)inMarcel Schmidberger(Founder)inErik Ziegler(Founder)in

Zalandozalando.de

Zalando is an online fashion and lifestyle retailer selling clothing, shoes, and accessories to consumers.

ConsumerE-commerceMarketplacesBerlin, DE

Frequently asked questions

What stage does HV Capital invest at?
HV Capital invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What is HV Capital's typical check size?
HV Capital typically writes checks of $540K – $54M.
What sectors does HV Capital focus on?
HV Capital focuses on AI & Machine Learning, Consumer, Deep Tech, Defense Tech, E-commerce, Fintech, Robotics, SaaS, Sector Agnostic, Space Tech.
Where is HV Capital located?
HV Capital is headquartered in Munich, Bavaria, DE.
Does HV Capital lead rounds?
HV Capital typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

Q&A Session VOL. II with Barbod Namini, General Partner at HV Capital. What's In Store Show!

What's In Store Show · Barbod Namini

Q&A Session with Barbod Namini, General Partner at HV Capital. What's In Store Show.

What's In Store Show · Barbod Namini

Biggest Fintech Opportunities! - Barbod Namini from HV Capital - What's In Store Show Episode 4

What's In Store Show · Barbod Namini

Venture Capital - Banking or Gambling? With Barbod Namini, Partner at HV Capital

Brave Hustler · Barbod Namini

Images

HV Capital photo

Co-investors · 102

Holtzbrinck Ventures

HV Ventures (formerly Holtzbrinck Ventures) is a European venture capital firm that backs founders from seed through growth stages.

Both backed · 10
Isar Aerospacen8nNEURA RoboticsOUTFITTERYQuantum SystemsZalandoAI workflow automation platformDefense robotics companyDefense technology companyScalable Capital
Balderton Capital

Balderton Capital's portfolio page listing companies it has backed across stages, sectors, and geographies, primarily in Europe.

Both backed · 4
$5M – $50M
PICUS CAPITAL

Picus Capital is an early-stage technology investment firm that partners closely with founders on strategic and operational challenges to help build global companies.

Both backed · 3
EnpalAlascoHome24
$100K – $300M
Sapphire Ventures

Sapphire Ventures is a venture capital firm founded in 2011 that backs technology companies, offering operating support such as executive talent and customer introductions to its portfolio.

Both backed · 2
$5M – $20M
Speedinvest

Speedinvest is a European venture capital firm with specialist investment teams that back companies from first check to global scale, primarily focused on seed-stage investing.

Both backed · 2
$5M – $30M
Notion Capital

Notion Capital is a European early-stage venture investor focused on business software companies, run by a team of former entrepreneurs and operators.

$1M – $100M
Earlybird Venture Capital

Earlybird Venture Capital is a European venture capital firm that backs early-stage technology founders with capital, strategic support, and access to an international network.

Both backed · 2
$540K – $13M
Octopus Ventures

Octopus Ventures is a founder-focused European venture capital firm that backs mission-driven startups across seven core sectors, investing from idea stage through growth with a focus on pre-seed to Series A.

Both backed · 2
$130K – $1.3M
Project A Ventures

Project A Ventures is a European venture capital firm that partners with founders building companies powered by emerging technologies, offering a generalist platform combined with deep thematic expertise.

$1.1M – $6.6M
Vsquared Ventures

Vsquared Ventures is a deep tech venture capital firm that backs companies tackling significant technological challenges, focusing on conviction-driven investments rather than trends.

Sequoia Capital

Sequoia Capital is a venture capital firm that partners with founders to build technology companies, with a strong current focus on artificial intelligence.

Both backed · 1
$4.4M – $214M
Accel

Accel is a venture capital firm that partners with exceptional founding teams, positioning itself as a first partner to startups globally.

Both backed · 1
$1.6M – $70M
90 more co-investors

DN CapitalGlobal Founders CapitalNorthzoneLakestarLa FamigliaVisionaries ClubHTGFMangrove Capital PartnersMolten VenturesredalpineVorwerk VenturesAndreessen HorowitzGeneral CatalystGV (Google Ventures)Founders FundNew Enterprise Associates (NEA)Insight PartnersUnknown VenturesKleiner PerkinsCoatue ManagementSpark CapitalIVP (Institutional Venture Partners)DST GlobalAtomicoBattery VenturesACME CapitalOffline VenturesPartech VenturesHeadlineAccel-KKRLookout VenturesUlu VenturesSoma CapitalTrinity VenturesNext47Point Nine CapitalAtlas VentureCreandumKortschak Investments L.P.Tq Ventures LlcEQT VenturesMatrixAntlerTenaya CapitalTCVCherry VenturesTarget GlobalHeartcore CapitalFreigeist CapitalFELIX CAPITALAllison Pickens VenturesAmadeus Capital PartnersWhite Star CapitalPresight CapitalRTP GlobalsequelBand of AngelsPiton Capital LLPAlpine VenturesFinch CapitalNorrsken VCTeam GlobalAda VenturesCavalry VenturesHaatchCusp CapitalBlueYard CapitalfinwayConvergence VenturesAI21 LabsAtlantic LabsCasa Verde CapitaleCAPITAL ENTREPRENEURIAL PARTNERSMyAsiaVCEmbedded CapitalFuture Energy VenturesVR VenturesDutch Founders FundLEA PartnersInreach VenturesPhenomen VenturesProsus Ventures1k(x)Financial Technology Partners / FT PartnersP101 VenturesCoefficient CapitalOTB VenturesCloudflightNucleus CapitalSIVentures (prev. Smart Infrastructure Ventures)

Firms observed investing alongside HV Capital, from public investor directories. Shared companies are the overlap with HV Capital's recorded portfolio.

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