🦊/Investors

Vsquared Ventures

Venture capitaloperating company · company profile

München · Pre-Seed–Series A · 15 people tracked

Find your way into Vsquared Ventures

2,115 people in our graph share verified history with the Vsquared Ventures team — schools, employers, funds. One of them is your warm intro.

Vidu Shanmugarajahunlockedknows Benedikt von Schoeler · together at Hg Capital (overlapped)
×3knows the team · via Harvard University
×4knows the team · via Imperial Business School
×3knows the team · via The Chinese University of Hong Kong
knows the team · via University of Regensburg
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Investment thesis

Vsquared Ventures pursues opportunities in deep technology where others perceive only technological risk. The firm positions itself around 'engineering the impossible', building investment convictions based on fundamental technology rather than market trends. Its funds (Vsquared Ventures I and II) are supported by InnovFin Equity with backing from the European Union under Horizon 2020 Financial Instruments and the European Fund for Strategic Investments, reflecting a European deep tech focus.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series A
HQ
München, DE
Leads rounds
Follows
Instruments
Equity
Founded
2019
Last 12 months
6 investments
AUM
$486M
Tracked investments
43
IPOs
1

Team · 15 people

from the firm's website & public directories
Johannes Froehling· Venture Partner
Christian Henningsin
Gina Krymalowskiin
Maria Juesas Portolesin
Nicolas Colinin
Patrick Hümmerin
Teresa Hoffmann-Beckingin

What they invest in

from 40 of 43 portfolio companies

Deep Tech ×27Hardware ×21AI & Machine Learning ×15Cleantech ×7Advanced Manufacturing ×6Energy ×6Semiconductors ×5Space Tech ×5

HQs:Germany×12United States×4Switzerland×2Denmark×2Belgium×1Spain×1

Who they back

founder profiles across 21 portfolio companies
48%
solo founders
10 of 21 mapped founding teams
41%
repeat founders
of 27 founders with career history

Founding team size:solo founder×102 founders×63 founders×44+ founders×1

Where their founders studiedfrom 27 founders with education data

Technical University of Munich ×6EPFL ×2Georgia Institute of Technology ×2RWTH Aachen University ×2Stiftung Bayerische EliteAkademie (BEA) ×2

What their founders studiedfrom 25 founders with field-of-study data

Engineering ×10Computer Science ×7Business & Management ×6Physics ×4Mathematics & Statistics ×2

Where their founders worked beforefrom 27 founders with career history

Airbus ×2

10 founders hold a PhD · 2 hold an MBA (of 27 with degree data)

Investments · 43 tracked

founders shown can be your intro path

By year:2026 · 52025 · 42024 · 62023 · 32022 · 22021 · 323 dated

Black Semiconductorblacksemi.comin✓ verified

Black Semiconductor develops graphene-based Integrated Graphene Photonics chip technology that combines photonics and electronics on the same wafer to improve chip connectivity, performance, and energy efficiency.

Deep TechHardwareSemiconductorsAachen, DE

Daniel Schall(Co-founder)inSebastian Schall(Co-founder)in

Co-investorsCambium CapitalCapnamicOnsight VenturesProject A VenturesPorsche VenturesScania Growth Capital+1 more

Crate DBcratedb.comin𝕏✓ verified

CrateDB develops a scalable database technology that enables companies to query large volumes of complex data with fast response times.

Cloud ComputingData & InfrastructureDeveloper ToolsEnterprise SoftwareIoT

Sebastian Utz(Founder)inRobert Ekstromin

Co-investorsMolten VenturesSpeedinvestZetta Venture PartnersMomenta VenturesDawn Capital

One Dataonedata.aiinSeries B · Jul 2024 · $35M✓ verified

One Data is a data management platform that structures legacy enterprise data with metadata enrichment and governance to make it reliable for analytics, reporting, and AI applications.

AI & Machine LearningData & InfrastructureEnterprise SoftwareMunich, DE

Dr. Andreas Böhm(Founder & Managing Director)inDr. Stefan Roskos(Managing Director)in

Co-investorsMolten VenturesHV CapitalSalvia

Arlqarlq.aiin

Arlq builds artificial intelligence products aimed at supporting human decision-making, with an emphasis on European technological sovereignty, data integrity, and independence.

AI & Machine LearningData & InfrastructureDeep Tech

Co-investors10x FoundersKima Ventures

Atrandi Biosciencesatrandi.cominSeries A · Feb 2025 · $25M

Atrandi makes Flux, a device that isolates thousands to hundreds of thousands of individual cells simultaneously into semi-permeable capsules for downstream genomic and microbial analysis.

AI & Machine LearningBiotechDeep TechHardwareVilnius, LT

Co-investorsGRIDS CapitalLux CapitalMetaplanetPractica Capital

Belfortbelfortlabs.comin𝕏Sep 2025 · $6M

Belfort develops hardware and algorithms to accelerate encrypted computation, including Fully Homomorphic Encryption, so sensitive data can be processed without being decrypted.

CybersecurityDeep TechHardware

Michiel Van Beirendonck(Principal Architect / Co-founder)inLaurens De Poorter(Co-founder)in

Co-investorsSyndicate OneCredibly NeutralInovia Capital

Constellrconstellr.cominSeed · Jul 2023 · $19M

Constellr designs and operates a microsatellite constellation delivering thermal satellite intelligence for defense and government operations.

AI & Machine LearningClimate TechDeep TechDefense TechSpace TechMunich, DE

Max Gulde(Chief Executive Officer)inCassi Welling(Chief Strategy Officer)inDaniel Spengler(Chief Technology Officer)inBeate Tempel(Chief Product Officer)in

Co-investorsAlpine Space VenturesKaristakineo financeSaxoventSemapa NextSeraphim Space+1 more

Customcellscustomcells.comin𝕏Series A · Dec 2022 · $63M

CustomCells develops and manufactures premium battery technology for electric mobility and energy storage applications.

Advanced ManufacturingCleantechEnergyHardware

Dr. Ralph Petersen(Chief Executive Officer)Dr. Jan Diekmann(Chief Operating Officer)Andreas Löhrke(Chief Technology Officer)in

Co-investorsExtantia Capital468 CapitalWorld Fund

cylibcylib.deinSeed · Oct 2022 · $3M

cylib recovers lithium, graphite, nickel, cobalt, and manganese from used batteries through an advanced recycling process.

Circular EconomyCleantechEnergyNew MaterialsAachen, DE

Dr. Lilian Schwich(Co-founder and Co-CEO)Paul Sabarny(Co-founder)inDr. Gideon Schwich(Co-founder and Co-CEO)

Co-investors10x FoundersBosch VenturesDeepTech & Climate FondsRobert Bosch Venture CapitalSpeedinvestWorld Fund

Dynelectrodynelectro.dk

Dynelectro commercializes solid oxide electrolysis (SOEC) systems for industrial hydrogen production with electrical efficiencies up to 90%.

CleantechDeep TechEnergyHardware

Søren Højgaard Jensenin

Co-investorsYara Growth VenturesPSV

Dynelectrodynelectro.comMar 2024

Dynelectro commercializes solid oxide electrolysis (SOEC) systems for industrial hydrogen production and energy storage, with modular platforms scaling from 250 kW to multi-megawatt capacity.

CleantechDeep TechEnergyHardware

Søren Højgaard Jensenin

Co-investorsRA CapitalThe Footprint FirmPSVYara Growth Ventures

FMCferroelectric-memory.comin

FMC is a semiconductor company developing non-volatile memory solutions, spun from EU research institutions with R&D and manufacturing operations across Europe, the US, Japan, and Taiwan.

Deep TechHardwareSemiconductorsDresden, DE

Thomas Rueckes(Chief Executive Officer)inAyman Abouelwafa(Chief Product Officer)inNorm Armour(Chief Operating Officer)inRaj Jammy(President Global BU & CTO)in

Co-investorsBosch VenturesDeepTech & Climate FondsRobert Bosch Venture CapitalTEL Venture Capital, Inc.HV Capitalimec.xpand+3 more

Ground Agrounda.deSep 2026

Ground A develops ground-to-air directed-energy laser systems for air defense.

Deep TechDefense TechHardware

Co-investorsOVNI CapitalRobin Capital

Group14 Technologiesgroup14.technologyin𝕏

Group14 develops silicon battery materials, specifically SCC55®, for automotive and consumer electronics manufacturers.

CleantechEnergyHardwareNew MaterialsWoodinville, US

Henry Costantino(Executive Officer)Rick LuebbeinDr. Rick CostantinoJohn Reagh(Director)Eric Luebbe(Executive Officer, Director, Promoter)Bill Funcannon(Director)

Co-investorsBASF Venture Capital GmbHOVP Venture PartnersEarth Venture CapitalMetaplanetSalviaYaletown Partners

Hederahederadx.comin𝕏Series A · May 2025 · $17M

Hedera Dx develops in-house, NGS-based liquid biopsy tests and clinicogenomic data solutions for decentralized oncology care, partnering with laboratories and clinicians to support cancer diagnosis and personalized therapy selection.

AI & Machine LearningBiotechDigital HealthHealthtechMedical Devices

Tommi Lehtonen(CEO, Co-founder)inDamien Lapray(CCO, Co-founder, PhD)inChristian Meisel(CMO, Co-founder, MD PhD)inFrances Rhodius(CFO)

Co-investorsAir Street CapitalBootstrap EuropeInventure

Hyperganichyperganic.comFeb 2021 · $8M

Co-investorsConvergeConvergence VenturesHV Capital

INBRAIN Neuroelectronicsinbrain-neuroelectronics.cominSeries A · Mar 2021 · $20M

INBRAIN Neuroelectronics develops graphene-based brain-computer therapeutics that combine neural signal decoding with AI to enable precision, adaptive treatments for neurological disorders.

AI & Machine LearningDeep TechMedical DevicesBarcelona, ES

Carolina Aguilar(CEO & Co-Founder)inKostas Kostarelos(Chair of the Vision Board & Co-Founder)Antòn Guimerà(Co-founder)Jerome Crocco(COO)inJurriaan Bakker(CTO)inEduard Ros(Interim CFO)in

Co-investorsAsabys PartnersBStartupAliath Bioventuresimec.xpand

IQMmeetiqm.comin𝕏

IQM manufactures and sells superconducting quantum computers that institutions can own and operate on-premises, offering products ranging from 5-qubit research systems to 150-qubit high-performance computing systems.

Deep TechHardwareQuantum Computing

Jan Goetz(Founder & CEO)in

Co-investors55 NorthBayern KapitalChanger ClubInception FundOpenOceanOurCrowd+6 more

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)inJosef Fleischmann(Chief Technical Officer)inStella Guillen(Chief Commercial Officer)in

Co-investorsBayern KapitalCipio PartnersCoastCapEarlybird Venture CapitalHoltzbrinck VenturesHV Capital+7 more

Kano Therapeuticskanotherapeutics.comin𝕏Seed · May 2024 · $5M

Kano Therapeutics develops circular single-stranded DNA (cssDNA) as a genetic payload for gene-editing and other DNA-based therapies, offering an alternative to viral vectors and double-stranded DNA.

BiotechDeep TechCambridge, US

Floris Engelhardt(Executive Officer, Director)John Vroom(Director)

BoardAnn DeWitt(Director)in

Co-investorsFifty YearsLaunchpad Venture GroupMetaplanetThe Engine VenturesZAKA VC

Lace Lithographylacelithography.comin

Lace develops chip patterning technology for semiconductor manufacturing.

Advanced ManufacturingDeep TechSemiconductorsBergen, NO

Adrià Salvador Palau(Founder)in

Co-investorsAlliance VCAlliance VentureFuture VenturesLinse CapitalM12 (Microsoft's Venture Fund)

Lightiumlightium.co𝕏

The page is a Turkish-language landing page providing the current verified access address for "Klasbahis", an online betting/gambling platform for users in Turkey, warning about fake mirror sites and offering guidance on secure access.

Consumer

Micropsi Industriesmicropsi-industries.comin𝕏

Micropsi Industries develops MIRAI, an AI-based vision and control system that trains industrial robots to handle tasks with variance, such as picking and insertion, and to adapt to changing factory conditions.

Advanced ManufacturingAI & Machine LearningRobotics

Ronnie Vuine(Founder)in

Co-investorsAsgard - human Capital for AIConvergeProject A VenturesAhren Innovation CapitalConvergence Venturescoparion+3 more

Morpheus Spacemorpheus.spacein𝕏Feb 2026 · $15M

Morpheus Space develops electric propulsion systems for satellites and the New Space industry, based on FEEP (Field Emission Electric Propulsion) technology.

Deep TechHardwareSpace TechLos Angeles, US

Daniel Bock(Co-Founder, CTO & Managing Director)inChristian Boy(Co-Founder & Manufacturing Manager)inPhilipp Laufer(Co-Founder & Propulsion Manager)inChristian Schunk(Co-Founder & Electronics Manager)inIstvan(Co-Founder)

Co-investorsAlpine Space VenturesAirbus VenturesLavrock VenturesTechstarsEuropean Investment FundMorpheus Ventures

Morpheus Spacemorpheus-space.cominFeb 2026 · $15M

Morpheus Space develops GO-2, an electric satellite propulsion system designed to enable orbital maneuvers including constellation deployment, repositioning, deorbiting, and collision avoidance for spacecraft.

HardwareSpace Tech

Christian Schunk(Founder)in

Co-investorsIn-Q-TelIronGate Capital AdvisorsAlpine Space VenturesEuropean Investment FundLavrock VenturesMorpheus Ventures

NEURA Roboticsneura-robotics.comin𝕏Series A · Jul 2023 · $56M

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-investorsGerman Startups GroupGrazia Equity GmbHHoltzbrinck VenturesHV CapitalPRIMEPULSE SEQualcomm Ventures+5 more

Oqmentedoqmented.cominSeed · Nov 2021 · $9M

OQmented develops MEMS-based laser scanning and projection technology for augmented reality displays.

Deep TechHardwareSemiconductors

Pulsetrainpulsetrain.comin

Pulsetrain develops next-generation battery technology and power electronics systems for electromobility and energy storage applications.

CleantechDeep TechEnergyHardwareMobility & Transportation

Co-investorsPlanet A VenturesAnanda Impact Ventures

QC Designqc.designin

Gauge is a Python package that computes the theoretical optimal error threshold for quantum error correcting codes and noise models by mapping the decoding problem onto a statistical mechanical spin model and running Monte Carlo simulation.

Deep TechDeveloper ToolsQuantum Computing

Dr. Ish Dhand(CEO)inDr. Shreya P Kumar(CTO)in

Co-investorsQuantonationSalvia

Quantunequantune.com

Quantune develops a fully optical, laser-based molecular sensor (SPEC) that continuously measures biochemistry from the wrist at high accuracy, along with a health foundation model trained on direct molecular data.

Deep TechDigital HealthHardware

Unknown Founder(Co-CEO, Tech & Innovation, Founder)

Co-investorsPoint72 Ventures

Ramblrramblr.aiin𝕏

Ramblr builds multimodal AI agents and a data engine that interpret video, audio, text, and sensor data to assist and automate industrial processes such as quality control, product assembly monitoring, and error detection.

Advanced ManufacturingAI & Machine LearningRobotics

Co-investors468 Capital

Safe Intelligencesafeintelligence.aiin𝕏Feb 2025

Safe Intelligence provides a software platform, tooling, and services that use formal verification, testing, and robust learning to validate and harden machine learning models such as neural networks and tree ensembles.

AI & Machine LearningCybersecurityDeep TechDeveloper Tools

Steven Willmott(CEO)inAlessio Lomuscio(CTO)in

Co-investorsAmadeus Capital PartnersOTB Ventures

Sidossidos.com

Sidos provides hardware, software, and reporting tools for survey and site assessment work across multiple industries, serving organizations from Fortune 10 enterprises to independent consultants globally.

AI & Machine LearningData & InfrastructureEnterprise SoftwareHardwareSaaS

Mika Hakala(CEO)in

BoardMichel Wendell(Chairman of the BOD)

Co-investorsGorilla Capital

Simscalesimscale.comin𝕏

SimScale provides a cloud-based simulation platform that combines computational fluid dynamics, finite element analysis, thermal, and electromagnetics capabilities with AI-powered tools for engineers.

Advanced ManufacturingAI & Machine LearningCloud ComputingDeep TechSaaSMunich, DE

David Heiny(CEO & Co-founder)inVincenz Dölle(COO & Co-founder)inJohannes Probst(Co-founder)inAlexander Fischer(Co-founder & Product Manager)inAnatol Dammer(Co-founder)

Co-investorsEarlybird Venture CapitalMolten VenturesUnion Square Ventures (USV)10x FoundersDraper EspritInsight Partners

Syntharasynthara.aiin

Synthara develops ComputeRAM, an embedded chip architecture that significantly improves energy efficiency and latency for AI inference on microcontrollers by leveraging in-memory computing.

AI & Machine LearningDeep TechHardwareSemiconductorsZurich, CH

Manu(Co-founder)Alessandro Aimar(Co-founder)

Co-investorsExcellis HoldingSilicon Catalyst

The Exploration Companyexploration.spaceinSeries A · Feb 2023 · $44M

The Exploration Company develops reusable space transportation infrastructure, including a capsule system for space station logistics and rocket engines.

Deep TechHardwareSpace TechGermany, DE

Hélène Huby(Founder)inJon Reijneveld(Founder)in

Co-investorsBalderton CapitalBayern KapitalBessemer Venture PartnersCherry VenturesDeepTech & Climate FondsEQT Ventures+8 more

VAERIDIONvaeridion.cominSeries A · Dec 2024 · $15M

VÆRIDION develops electric commercial aircraft designed for regional air travel, with a focus on delivering energy-efficient, clean, and affordable aviation solutions.

CleantechHardwareMobility & TransportationMunich, DE

Co-investorsCoastCapProject A VenturesWorld Fund

Vsquared Venturesvsquared.vc

Vsquared Ventures is a venture capital firm that invests in deeptech startups, backing companies tackling significant technological risks.

Deep TechMunich, DE

Co-investorsBLN CapitalKfW CapitalPractica CapitalPRIMEPULSE SEOVNI CapitalRobin Capital

Xavveoxavveo.comin

xavveo develops photonic-controlled radar technology for autonomous systems and senior care monitoring, enabling non-invasive environmental detection without cameras or wearables.

AI & Machine LearningDeep TechHealthtechMobility & TransportationRobotics

Dr. Sven Otte(Founder & CEO)Dr. Stefan Meister(CTO & Founder)Dr. Ulrich Keil(VP Engineering & Founder)

Co-investorsimec.xpand

Zamazama.aiin𝕏Mar 2024 · $73M

Zama provides a protocol that encrypts transaction amounts, balances, and commercial references on public blockchains while keeping addresses public, enabling confidential onchain corporate payments such as cross-border vendor settlement, marketplace payouts, and treasury flows.

AI & Machine LearningCrypto & Web3CybersecurityDeep TechFintechSilicon Valley, FR

Rand Hindi(Founder)in

Co-investorsHack VCLunar VenturesMetaplanetMulticoin CapitalStake CapitalBlockchange Ventures+4 more

Zamazama.orgin𝕏Mar 2024 · $73M

Zama provides encryption technology for onchain finance that keeps blockchain addresses public while encrypting transaction amounts and commercial references at the token level.

Crypto & Web3CybersecurityDeep TechFintech

Rand Hindi(Founder)in

Co-investorsMulticoin CapitalSignum CapitalBlockchange VenturesMetaplanetPantera CapitalProtocol Labs+1 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

ABZ InnovationAlphaLum

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Vsquared Ventures made?
Vsquared Ventures has 43 tracked investments, 1 of which have exited, including 10 dated in the last 24 months.
What stage does Vsquared Ventures invest at?
Vsquared Ventures invests at the Pre-Seed, Seed, Series A stages.
What sectors does Vsquared Ventures focus on?
Vsquared Ventures focuses on Deep Tech, Quantum Computing, Space Tech.
Where is Vsquared Ventures located?
Vsquared Ventures is headquartered in München, DE.
Does Vsquared Ventures lead rounds?
Vsquared Ventures typically participates in rounds rather than leading them.
Who does Vsquared Ventures co-invest with?
Vsquared Ventures most often shares deals with Metaplanet, Bayern Kapital, Molten Ventures, among 93 tracked co-investors.

Co-investors · 13

HV Capital

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.

$540K – $54M
World Fund

World Fund is a climate tech venture capital firm that invests in startups with significant climate performance potential, using a proprietary science-based methodology to quantify potential CO2e savings.

$1.1M – $16.5M
Project A Ventures

Project A Ventures is an early-stage venture capital firm backing founders across sectors, combining thematic expertise with a generalist operational platform. It also runs Project A Studio, a pre-investment platform for founders to validate ideas.

$1.1M – $6.6M
Convergence Ventures
Both backed · 2
$120K – $27M
Techstars

Techstars is a startup accelerator and early-stage investor that funds ambitious founders and provides capital, mentorship, and access to a global network of investors, operators, and corporate partners.

Both backed · 1
$220K
EQT Ventures

EQT Ventures is the venture capital arm within the EQT platform, backing early-stage European founders building what it calls Generation-Defining Companies.

$2M – $50M
Cherry Ventures

Cherry Ventures is an early-stage venture capital firm that backs European founders across a wide range of industries, from AI and energy to gaming and space tech.

$2.2M – $7.7M
Amadeus Capital Partners

Amadeus Capital Partners is a technology investment firm that backs founders building complex, science-led and deep tech businesses, supporting them over the long term as they scale internationally.

Both backed · 1
$50K – $12.7M
Possible Ventures

Possible Ventures is an early-stage technology investor backing founders working on major global challenges, with a focus on using technology as a force for good.

$100K – $5M
Lavrock Ventures

Lavrock Ventures is an early-stage venture firm investing at the intersection of national security and frontier technologies, backing companies driven by real-world demand and mission needs.

Both backed · 1
Karista

Karista is a French venture capital firm that invests in tech and early-stage companies, frequently leading funding rounds and supporting founders through strategic guidance and board involvement.

Both backed · 1
$324K – $5.4M
Freigeist Capital

Freigeist Capital is an early-stage technology investor that partners with founders at the Seed and pre-Series A stages, providing capital alongside hands-on operational support.

$550K – $2.2M
1 more co-investors

Ysios Capital

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

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