HV Capital — 2025 Investments

1KOMMA5° provides home energy systems that combine solar panels, heat pumps, battery storage, and EV wallboxes, coordinated by its Heartbeat AI software to optimize electricity use and offer dynamic pricing.

CleantechClimate TechEnergy

PLPhilip Liesenfeld(Founder)inJannik Schall(Founder)Micha Grüber(Founder)Michael Hinderer(Founder)Philipp Schroeder(Founder)Philipp Schröder(Founder)

Co-investorsB2b2ventureCACarbonCOCoastCapECeCAPITAL ENTREPRENEURIAL PARTNERSFRFranz Haniel & Cie. GmbHG2G2 Venture Partners+6 more

Bitcoin infrastructure company building RGB protocol and Lightning Network tooling, wallets and stablecoin payment rails.

Co-investorsEUEureka PartnersSISignum CapitalTATaisu VenturesAMAmber GroupARArkStream CapitalFUFundamental Labs+2 more

doinstruct is an AI-powered training and compliance platform that converts standard operating procedures, presentations, and documents into mobile-accessible lessons in 35+ languages for frontline workers.

AI & Machine LearningEdTechSaaS

Mona Feder(Founder)inCRCharlotte Rothert(Founder)inDaniel Marinkovic(Founder)Thorsten Gross(Founder)

Co-investorsCRCreandumD1D11ZHIHigh Tech GruenderfondsHTHTGF

ecoplanet offers software for integrated energy management, combining consumption control, intelligent procurement, and regulatory compliance with AI-based optimization.

AI & Machine LearningCleantechEnergy

Henry Keppler(Founder)Maximilian Dekorsy(Founder)

Co-investorsBOBOOOME E Nugget Ventures UG (Haftungsbeschränkt)LOLoric VenturesEQEQT Ventures

Flank builds autonomous AI agents for legal work, handling tasks such as drafting statements of work, reviewing NDAs, and completing infosec forms.

AI & Machine LearningLegalTechSaaS

LBLilian Breidenbach(Founder)inCharlotte Kufus(Founder)Jacob Jones(Founder)Jake Jones(Founder)

Co-investorsINInsight Partners1010x FoundersGRGradient VenturesSPSpeedinvest

Flowdesk Omega FZE is a VARA-licensed broker-dealer that provides virtual asset execution and liquidity provision/market making services, dealing on its own account and as agent for clients.

Crypto & Web3FintechDubai, AE

GCGuilhem Chaumont(Founder)inCharles Tighe(General Manager)RBRomain Berry(Chief Risk Officer)inPaul Bugnot(Founder)

Co-investorsAGAglae VenturesCACathay InnovationCOCoinbase VenturesFAFabric VenturesFEFEBE VenturesFEFermion+9 more

Co-investors1K1k(x)1K1kxCVCVP NoLimitIMImpossible FinanceNONo Limit Holdings (NLH)

Mondoo provides vulnerability management software that uses AI agents to detect and automatically remediate security issues across IT infrastructure.

AI & Machine LearningCloud ComputingCybersecurityDeveloper ToolsEnterprise SoftwareSaaSSan Francisco, US

SCSoo Choi-Andrews(Founder)inDRDominik Richter(Founder)inChristoph Hartmann(Founder)Patrick Münch(Founder)

Co-investorsATAtomicoFIfirstminute capitalSYSystem.One

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

JOJan Oberhauser(Founder)in

Co-investorsACAccelBLBlank Space VenturesCACapnamicFEFelicis VenturesFIfirstminute capitalHAHarpoon Ventures+11 more

Nabla provides an AI assistant for clinical documentation and workflows, used by healthcare organizations and clinicians.

AI & Machine LearningDigital HealthHealthtechParis, FR

ALAlex LeBrun(Founder)inMRMartin Raison(Founder)inDGDelphine Groll(Founder)inBMBrian Manning(CEO)inAlexandre Lebrun(Founder)

Co-investorsCACathay InnovationFIfirstminute capitalHIHighland EuropeKFKfundDSDST GlobalHOHoltzbrinck Ventures

Future of Work venture capital company based in Stuttgart, founded 2018

Munich, DE

HRHanno Renner(Founder)inArseniy Vershinin(Founder)inJRJonas Rieke(Founder)inRSRoman Schumacher(Founder)inHanno Frederik Renner(Executive Officer)Katarina Berg(Director)

Co-investorsACAccelALAlkeon InnovationALAlpine Space VenturesAPAppWorks VenturesARArmilar Venture PartnersB1b10+18 more

PraxiPal offers Luna, an AI phone receptionist for medical and therapeutic practices that answers calls, books and reschedules appointments directly in the practice management system (PVS), handles prescription requests, and manages patient inquiries around the clock.

AI & Machine LearningDigital HealthSaaSBerlin, DE

Martin Graf(Founder)

StratifAI develops AI-driven multimodal biomarkers for precision oncology, using its platform to link routine H&E histology and RNASeq gene expression data to patient outcomes for prognostic and predictive insights.

AI & Machine LearningBiotechHealthtechMedical DevicesBerlin, DE

Daniel Truhn(Co-Founder & Chief Medical Officer)inFKFiras Khader(Co-Founder & CTO)inJakob Nikolas Kather(Co-Founder & CSO)OEOmar El Nahhas(CEO & Co-founder)in

Co-investorsDEDebiopharm Innovation FundNENeulogy VenturesPIPICUS CAPITALALAlvenHEHeliad AG

Tzafon develops machine intelligence systems focused on multimodality, high-performance compute, and continuous learning.

AI & Machine LearningDeep TechSan Francisco, US

Noah T.(Founder)inMark Rogers(Founder)Noah Lofquist(Founder)Simon Koser(Founder)

Co-investorsSTStreamlined VenturesHAHannah Grey VenturesINInception FundKAKakao VenturesTRTranspose Platform ManagementWAWave Ventures+2 more

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

FSFabio Schmidberger(CEO & Co-Founder)inMSMarcel Schmidberger(CPO & Co-Founder)inEZErik Ziegler(CTO & Co-Founder)inMatt Murdoch(Talent Acquisition)Dale McKerrell(Talent Acquisition)Cian Kerrigan(Talent Acquisition)

Co-investorsREredalpineY Y CombinatorBABalderton Capital