We’ve put in the work to create a roundup of the top venture capital firms in Europe, categorized by country.

We’ve included:

  • Information on how to apply
  • As much information as we could find on how much money they usually invest
  • Contact information
  • Any other trivia we thought was important for you to know
  • Good luck pitching!

VCs in Austria

AWS Gründerfonds

Their investment criteria:

  • The company must be headquartered in Austria
  • No revenue required, but max EUR 10mn
  • Less than 50 employees
  • At least 25% equity must be held by founders
  • Younger than 6 years old
  • Highly scalable business model with documented proof of concept

How much they usually invest:

  • Between 100,000 – 3,000,000 EUR

Official Website

Speedinvest

What you need to know:

  • They prefer investing in European startups but are open to global too in the right situation
  • Industries they’re excited about are Fintech, Insurtech, Healthtech, Deeptech, and platforms
  • They absolutely LOVE network effect driven startups, so much so that they’ve created a “baby fund” of 50 million EUR that invests exclusively in startups that feature network effects

How much they usually invest:

  • As a general figure, usually around 500,000 EUR Seed
  • They also facilitate series A and pre-seed investments of as little as 100,000 EUR for their Network X fund.
  • If you’ve got a Fintech startup and are looking for more, you’re in luck as they can push up to 4,000,000 EUR for that industry.

How to apply:

Official Website

Fiedler Capital

What you need to know:

  • They are a relatively new fund that focuses on pre-seed rounds for early-stage startups
  • They prefer to be lead investors
  • They look into all verticals but have a strong preference for B2B SaaS, platforms, and data analytics startups
  • The focus on companies from Austria, CEE & the Baltics and have an interest in startups with Eastern European founders currently living abroad.

How much they usually invest:

  • Cash investments up to 250,000 EUR at the pre-seed and seed stage.

How to apply:

Official Website

VCs in Belgium

Capricorn Partners

capital partners vc

Investment criteria:

  • Core business activity located in Europe (or has a strong European link)
  • The business model must have a credible growth strategy with the potential to become a market leader in their sector
  • Must own defendable intellectual property
  • Privately held
  • Proven technology base with a proof of concept that works
  • Possibility for an exit strategy via IPO and/or trade sale within a period of 3 to 7 years after initial investment

How much they usually invest:

  • Initial investments are typically in the €1-5 million range
  • They occasionally do seed deals, but their main focus is on early-stage companies that need funding for product/technology development

How to apply:

Official Website

Hummingbird

hummingbird vc

Interesting trivia about Hummingbird Ventures:

  • They pride themselves on supporting extraordinary entrepreneurs that don’t “fit the mould” and that “challenge industry boundaries and conventions”.
  • 80% of their investments have gone to early-stage companies.
  • They’ve had 6 exits according to their Crunchbase profile here.
  • They’re kind of different than most VC firms, in a very refreshing kind of way. Read this blog post and check out the quote below for a taste.

We are generally not a fan of conferences. Our favorite breed of entrepreneur seems to be absent. Expert panels don’t break new ground. Rather, conferences amplify the noise.

Barend Vanden Brande - Founding Partner Hummingbird Ventures

How much they usually invest:

  • Their smallest ticket was $250,000 and their largest investment was $8,000,000
  • Their average investment size is around $1-2 million, mostly series A, with a median valuation of around $5,000,000
  • In 2017 they raised $95M for a new fund called Hummingbird III.

How to apply:

Official Website

Volta Ventures

volta ventures

Useful information about Volta Ventures:

  • Volta Ventures is one of the top seed & early stage investors in the Benelux region
  • Their team is made up of around 30 angel investors
  • They focus on internet & software companies, ideally focused on the Benelux region
  • They recently invested €1.7 in a Brussels-based startup called Nodalview. Privately held
  • Proven technology base with a proof of concept that works
  • Possibility for an exit strategy via IPO and/or trade sale within a period of 3 to 7 years after initial investment

How much they usually invest:

  • They don’t mention the bottom part of the range on their website, but considering their a seed investor, I’d imagine anything from €500,000 to €1,000,000 would be reasonable.
  • They do mention that they can go as high as €7,000,000 on subsequent rounds

How to apply:

  • Email them at [email protected] and send a presentation or an executive summary.
  • Don’t send a 40-page business plan, they will not read it.
  • If your opportunity matches their investment criteria, they will (probably) invite you for a first meeting

Official Website

VCs in Bulgaria

LAUNCHub Ventures

launchub ventures

What you need to know about LAUNCHub Ventures:

  • They are an early-stage VC fund investing in the seed space
  • Their criteria for investing includes initial traction and the founding team composition
  • As a fund, they have a tendency to invest in digital businesses but prefer to stay sector agnostic
  • Their portfolio companies consist of SaaS, Enterprise Software, Healthtech, E-Commerce, Mobile, IoT, but they claim to not be limited to just those areas.
  • While they’re based in Bulgaria, they’re open to investing outside of Southeastern Europe, too

How much they usually invest:

  • They usually invest between €300-700k but are able to invest up to €1.5 million in the right startup.
  • They claim to preserve enough cash in their fund to support portfolio companies in follow-up funding rounds
  • The fund size is €9 million and has backed 62 startups so far

How to apply:

Official Website

VCs in Czech Republic

Credo Ventures

What you need to know about Credo Ventures:

  • They invest in technology founders from Central Europe
  • Sectors they like investing in include IT, internet, mobile, and healthcare
  • They’re based in Prague, Czech republic

How much they usually invest:

  • They usually invest between €50,000 – €6,000,000
  • 50% of their investments are in seed round
  • 30% of their investments in series A round
  • 20% of their investments in series B round
  • The fund size is €71 million

How to apply:

Official Website

VCs in Denmark

Northcap

What you need to know about Northcap:

  • They invest in ICT B2B and B2B2C startups in Northern Europe
  • They were founded in 19999 but changed their name to Northcap in 2006.
  • They’ve invested in 40+ IT companies
  • They only do seed investments in Denmark
  • They’ll invest in other Northern European startups if their revenue is above 1-2 million Euros. They do require significant financial traction before investing (only exception is if the startup is Denmark based)

How much they usually invest:

  • They usually invest between €1,000,000 – €5,000,000 in the first round plus follow-up

How to apply:

  • Email them at [email protected]their process is relatively informal. The whole process usually takes just two months if you’re a good fit.

Official Website

VCs in Estonia

Karma

What you need to know about Karma:

  • Karma is a tech-focused venture capital firm
  • They generally invest in late seed and A round investments and are super Europe focused but target global markets
  • They back companies with strong ideas that are delivered with unique technology, customer traction, and global ambition
  • They offer strategic and technical follow up support after the investments

How much they usually invest:

  • They invest up to €3,000,000 and can make follow-on investments in later rounds

How to apply:

  • Great question! I’m sure you’ll figure it out though 😉

Official Website

VCs in Finland

Innovestor Group

What you need to know about Innovestor:

  • They invest, but are also a co-investment platform
  • €130M+ invested so far
  • 500+ co-investors

How much they usually invest:

  • They invest up to €1,000,000 in the first round

How to apply:

Official Website

VCs in France

360 Capital

360 vc france

What you need to know about 360 capital:

  • Early-stage investors since 1997
  • Generally, enjoy investing in French and Italian startups, have offices in Paris and Milan.
  • 113 investments
  • €300 million of assets under management

How much they usually invest:

  • They invest up to €100,000 to €10 million in early and growth-stage startups

How to apply:

Official Website

VCs in Greece

Venture Friends

What Venture Friends is looking for:

  • Early stage startups that have already launched a product
  • Founders who can build an amazing and complementary team
  • Innovative ideas that solve big tangible problems
  • A viable plan for international scalability

How much they usually invest:

  • The typical first ticket is around €400,000

How to apply:

Official Website