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Vsquared Ventures

Venture capitaloperating company · company profile

München · Pre-Seed–Series A · 16 people tracked

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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
3 investments
AUM
$486M
Tracked investments
37

Team · 16 people

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

What they invest in

from 36 of 37 portfolio companies

Deep Tech ×22Hardware ×17AI & Machine Learning ×10Advanced Manufacturing ×6Cleantech ×6Semiconductors ×5Space Tech ×5Cybersecurity ×4

HQs:Germany×7United States×3Denmark×1Spain×1France×1United Kingdom×1

Who they back

founder profiles across 13 portfolio companies
54%
solo founders
7 of 13 mapped founding teams

Founding team size:solo founder×72 founders×43 founders×14+ founders×1

Investments · 37 tracked

founders shown can be your intro path

By year:2026 · 22025 · 32024 · 38 dated

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.cominFeb 2025 · $25M

Atrandi builds single-cell analysis technology based on Semi-Permeable Capsules (SPCs) and droplet platforms, enabling multi-step, multi-omic workflows to be run on the same cell.

BiotechDeep TechHardware

Co-investorsGRIDS CapitalMetaplanetPractica CapitalLux Capital

Belfortbelfortlabs.comin𝕏Sep 2025 · $6M

Belfort develops purpose-built hardware and algorithmic improvements to accelerate Fully Homomorphic Encryption, allowing sensitive data to be processed without decryption.

CybersecurityDeep TechHardware

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

Co-investorsSyndicate OneCredibly NeutralInovia Capital

Black Semiconductorblacksemi.comin

Black Semiconductor develops graphene-based photonics integrated directly onto electronic chips, converting electrical signals to optical signals to enable faster, lower-power chip-to-chip communication.

Deep TechHardwareSemiconductors

Daniel SchallSebastian Schall

Co-investorsCambium CapitalCapnamicOnsight VenturesProject A VenturesTechVision Fonds

Constellrconstellr.comin

Constellr builds and operates custom thermal-imaging satellites and an end-to-end system that measures surface temperature globally to deliver thermal intelligence on human activity, infrastructure load, and environmental stress.

Deep TechDefense TechSpace Tech

Co-investorsAlpine Space VenturesKaristakineo financeSaxoventSemapa NextSeraphim Space

Customcellscustomcells.comin𝕏

CustomCells develops and industrializes customer-specific premium battery cells, supporting clients from initial concept through material selection, prototyping, pilot production, and gigafactory commissioning.

Advanced ManufacturingCleantechEnergy

Co-investorsExtantia Capital468 CapitalWorld Fund

cylibcylib.dein

cylib operates an end-to-end lithium-ion battery recycling process that recovers critical raw materials such as lithium, graphite, nickel, cobalt, and manganese using a proprietary water-based method, returning them to the battery production value chain.

Circular EconomyCleantechNew MaterialsAachen, DE

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

Dynelectrodynelectro.dk

Dynelectro is a Danish OEM that builds MW-scale reversible solid oxide electrolyser (SOEC) systems for hydrogen production, energy storage, and power generation.

CleantechEnergyHardware

Co-investorsYara Growth VenturesPSV

FMCferroelectric-memory.comin

FMC (Ferroelectric Memory Company) develops ferroelectric-based persistent memory technologies, including DRAM+ and 3D CACHE+, aimed at AI scale-out and critical infrastructure.

Deep TechHardwareSemiconductorsDresden, DE

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

Group14 Technologiesgroup14.technologyin𝕏

Group14 develops and manufactures SCC55, a patented silicon anode material for lithium-ion batteries, aimed at improving energy density and charge times.

CleantechEnergyNew Materials

Co-investorsEarth Venture CapitalMetaplanetSalviaYaletown Partners

Hederahederadx.comin𝕏

Hedera Dx provides hospital in-house laboratories with a full suite of NGS genomic tumor profiling solutions, including FFPE, ctDNA and RNA-only testing, plus software that generates clinical reports linking tumor sequences to approved therapies.

BiotechHealthtechMedical Devices

Co-investorsAir Street CapitalBootstrap EuropeInventure

Hyperganichyperganic.com

Co-investorsConverge

INBRAIN Neuroelectronicsinbrain-neuroelectronics.comin

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)Kostas Kostarelos(Chair of the Vision Board & Co-Founder)Antòn Guimerà(Co-founder)Jerome Crocco(COO)Jurriaan Bakker(CTO)Eduard Ros(Interim CFO)

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)Josef Fleischmann(Chief Technical Officer)Stella Guillen(Chief Commercial Officer)

Co-investorsBayern KapitalCipio PartnersCoastCapEarlybird Venture CapitalHoltzbrinck VenturesHV Capital+5 more

Kano Therapeuticskanotherapeutics.comin𝕏May 2024

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)

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-vision software that guides industrial robots to perform tasks in changing factory conditions, including handling reflective and transparent objects.

Advanced ManufacturingAI & Machine LearningRobotics

Ronnie Vuine(Founder)in

Co-investorsAsgard - human Capital for AIConvergeProject A VenturesAhren Innovation CapitalcoparionM Ventures+1 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)Christian Boy(Co-Founder & Manufacturing Manager)Philipp 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

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

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)in

Co-investorsGrazia Equity GmbHHoltzbrinck VenturesHV CapitalPRIMEPULSE SEQualcomm VenturesSound Media Ventures+4 more

One Dataonedata.aiin

One Data is a modular software platform that adds metadata management, data quality, business alignment, and automation to build governed, reusable data products, including support for SAP BW migration analysis and AI-ready data.

AI & Machine LearningData & InfrastructureEnterprise Software

Co-investorsMolten Ventures

Oqmentedoqmented.comin

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

Deep TechHardwareSemiconductors

Pulsetrainpulsetrain.comin

Pulsetrain develops electric powertrain technology that consolidates the Battery Management System, inverter, and charger into a single software-defined power electronics unit paired with its PT Intelligence software.

CleantechHardwareMobility & Transportation

Co-investorsPlanet A VenturesAnanda Impact Ventures

QC Designqc.designin

QC Design builds Plaquette, on-premises software for quantum hardware teams to design, simulate, and optimize logical qubits and fault-tolerance architectures under realistic hardware imperfections.

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 offers a Wi-Fi platform combining the Wave measurement hardware, a mobile app, a cloud platform, and AI to handle Wi-Fi surveys, predictive design, network validation, troubleshooting, and reporting.

AI & Machine LearningEnterprise SoftwareHardware

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 Founders

Syntharasynthara.aiin

Synthara develops ComputeRAM, an in-memory computing technology that integrates into embedded chips to increase processing speed and energy efficiency, particularly for AI workloads.

Deep TechHardwareSemiconductors

Co-investorsExcellis HoldingSilicon Catalyst

The Exploration Companyexploration.spacein

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 CapitalBessemer Venture PartnersCherry VenturesDeepTech & Climate FondsEQT VenturesExpansion Ventures+6 more

VAERIDIONvaeridion.comin

VÆRIDION develops the Microliner, a fully electric regional aircraft with a ~215 nm range built for short-haul missions connecting remote and underserved regions.

CleantechHardwareMobility & Transportation

Co-investorsCoastCapProject A VenturesWorld Fund

Xavveoxavveo.comin

xavveo develops photonic radar technology that transmits radar signals through fiber optics, using ultra-compact chip modules arranged into virtual antenna surfaces to produce high-resolution point clouds in all weather conditions.

Deep TechMobility & TransportationRobotics

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

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Vsquared Ventures made?
Vsquared Ventures has 34 tracked investments, including 4 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, Molten Ventures, Project A Ventures, among 88 tracked co-investors.

Co-investors · 13

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
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
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
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
$120K – $27M
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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