About Bitburger Ventures
Bitburger Ventures is a venture capital firm founded in 2018. It is primarily based out of Bitburg, Germany. As of Sep 2022, Bitburger Ventures has invested in 19 companies. It primarily invests in Seed round in Germany based startups. Its investments are spread across a wide range of sectors from Retail to Consumer and Food and Agriculture Tech. Most recently it participated in the $***** Series B round of Sanity Group Overall, Bitburger Ventures portfolio has seen 1 IPO and 4 acquisitions including key companies like HelloFresh, Sanity Group and Just Spices. A lot of funds co-invest with Bitburger Ventures, with names like Dohler Ventures sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Count
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Bitburger Ventures' List of Top Investments
Bitburger Ventures has a portfolio of 19 companies. Their most notable investments are in Naughty and Lyre’s.Their portfolio spans across Germany, United States, Austria and 3 more locations. They have invested in Retail, Consumer, Food and Agriculture Tech and 6 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Bitburger Ventures:1. HelloFresh
Provider of meal recipe kits subscription service. It offers a grocery subscription service where customers receive a weekly box containing three to five easy-to-cook recipes created by professional chefs and nutritionists with instructions and related content. Its menu includes noodles, burgers, fried rice, and more. The mobile application is available for Android and iOS users.
Key facts about HelloFresh
- Founded Year: 2011
- Location: Berlin (Germany)
- Annual Revenue: €1B+ as on Dec 31, 2018
- Stage: Public
- Total Funding till date: $367M
- Employee Count: 17,708 as on Jul 31, 2026
- Investors: Baillie Gifford, HV Capital and 16 Others
- Latest Funding Round: Post IPO, Aug 05, 2019, $*****
- Highlight: Public
2. waterdrop
Internet first brand of electrolytes hydration cubes. It offers a variety of flavors such as lime, acai, cranberry, hibiscus, ginger, and mango. The company sells their products through their own online website as well as through retailers.
Key facts about waterdrop
3. Sanity Group
Developer of cannabinoid-based pharmaceuticals and well-being products The company develops pharmaceuticals and makes them accessible and available to pharmacists, physicians, and patients in Europe. It Also develops CBD and hemp-based products for wellbeing, relaxation, sleep aid, sports recovery gel. mouth spray for oral health and sanity Group is a developer of cannabinoid-based pharmaceuticals and well-being products.. hygiene, and CBD-based vaping pens.
Key facts about Sanity Group
- Founded Year: 2011
- Location: Berlin (Germany)
- Stage: Acquired
- Total Funding till date: $109M
- Employee Count: 112 as on Jul 31, 2026
- Investors: HV Capital, TQ Ventures and 19 Others
- Latest Funding Round: Series B, Sep 27, 2022, $*****
- Highlight: Acquired
Company growing and harvesting mycelium for food options. The comapny uses fermentation techniques to create food meals from the roots of mushrooms.
Key facts about Infinite Roots
5. Wild Earth
Wild Earth is an internet-first brand offering pet food. The company offers plant-based food products. It claims the products contain ingredients such as protein, vitamins, minerals, wheat germ, and more. It offers products in different flavors like banana & cinnamon, strawberry & beet, and peanut butter.
Key facts about Wild Earth
- Founded Year: 2017
- Location: Berkeley (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $39M
- Employee Count: 19 as on Jul 31, 2026
- Investors: Felicis Ventures, For Good Ventures and 41 Others
- Latest Funding Round: Conventional Debt, Jan 21, 2022, $*****
- Highlight: Editors' Pick
Bitburger Ventures' Year-on-Year Investment Trends
Bitburger Ventures has invested in 19 companies over the last 7 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in Fermify and most recent follow-on round was in Sanity Group.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 3 | 2 | 5 |
2021 | 5 | 0 | 5 |
2020 | 2 | 0 | 2 |
2019 | 2 | 0 | 2 |
Bitburger Ventures' Investments by Stage
Bitburger Ventures has made 6 investments in Seed stage with an average round size of $5.96M, 3 investments in Series A stage with an average round size of $11.2M, 2 investments in Series B stage with an average round size of $42.2M and 1 investment in Post IPO stage.Stage of entry | No. of Investments |
|---|---|
Seed | 6 |
Series A | 3 |
Series B | 2 |
Post IPO | 1 |
Note: We have considered here, only first round of investments
Bitburger Ventures' Investments by Sector
Bitburger Ventures has a diverse portfolio, with companies operating in the Food and Agriculture, Consumer, Consumer Goods, Food and Agriculture Tech and Retail. Notably, it has invested in 11 Tech companies, 10 Consumer (B2C) companies, 3 Enterprise (B2B) companies and at least 2 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Food and Agriculture | 6 |
Consumer | 5 |
Consumer Goods | 5 |
Food and Agriculture Tech | 5 |
Retail | 5 |
Others | 5 |
Note: We have considered here, only first round of investments
Bitburger Ventures' Investments by Geography
Bitburger Ventures has made most investments in Germany (7), followed by United States where it has made 2 investments.Country | No. of Investments |
|---|---|
Germany | 7 |
United States | 2 |
Australia | 1 |
Austria | 1 |
Netherlands | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Bitburger Ventures' recent investments
Bitburger Ventures has not made any investment in 2026 so far.Here are the most recent investments by Bitburger Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 27, 2022 | Germany | Series B | 6836 | [+13] | |
May 12, 2022 | Germany | Series A | 7642 | [+4] | |
May 04, 2022 | Austria | Seed | 5900 | [+3] | |
Feb 02, 2022 | United States | Series B | 3076 | [+1] | |
Jan 21, 2022 | Germany | Seed | 6177 | [+3] |
IPOs and Publicly Listed companies in Bitburger Ventures' Portfolio
1 of Bitburger Ventures' portfolio company became public - HelloFresh. It got listed on the Euronext Exchange (Euronext), in Nov 2017 at marketcap of $1.91BHere are Bitburger Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 02, 2017 | Aug 05, 2019 | Post IPO | 2177 |
Acquired companies in Bitburger Ventures' Portfolio
4 companies from Bitburger Ventures' portfolio have been acquired. The most recent acquisition was Sanity Group in Feb 2026 by Organigram for $*****.Here are Bitburger Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 18, 2026 | Nov 03, 2021 | Series A | 4921 | |
Jun 20, 2023 | Jan 21, 2022 | Seed | 9207 | |
Apr 13, 2023 | - | - | 2811 | |
Dec 10, 2021 | Jan 10, 2020 | Series B | 4718 |
Co-investors of Bitburger Ventures
Over the past 7 years, 100 investors have co-invested in Bitburger Ventures's portfolio companies. This includes funds and angels.
- Invested before Bitburger Ventures: HV Capital, Dohler Ventures and 48 others have invested in rounds before Bitburger Ventures. There are 2 companies where HV Capital has invested before Bitburger Ventures and 2 companies where Dohler Ventures has invested before Bitburger Ventures.
- Top Co-investors of Bitburger Ventures: 32 investors entered a company along with Bitburger Ventures. These include investors like Dohler Ventures (3 companies).
- Invested after Bitburger Ventures: A total of 18 investors have invested in Bitburger Ventures's portfolio after their investments. Top Investors include Novak Djokovic (1 company), Atlantic Grupa (1 company) and Aspeya (1 company).
Recent News related to Bitburger Ventures
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Sanity Group Raises $37.6M in Series B FundingAI Express•Sep 27, 2022•Sanity Group, British American Tobacco, Redalpine, Casa Verde Capital and 10 others
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MagaLoop Raises €9M in Series A FundingFinSMEs•May 12, 2022•MagaLoop, Market One Capital, FoodLabs, Redalpine and 4 others
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New round of millions makes Waterdrop the most successful DHDL startup of all timeBusiness Insider Deutschland•Jan 31, 2022•waterdrop, Temasek, GIC, Bitburger Ventures and 2 others
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Dog food startup and 'Shark Tank' alum raises $23M, shifts HQ to Durham from CaliforniaThe Business Journals•Sep 11, 2021•Wild Earth, SFV, At One Ventures, VegInvest and 3 others
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Non-alcoholic spirits brand Lyre’s hits $179 million valuation on seed round top-upStartup Daily•May 06, 2021•Lyre’s, Bitburger Ventures, DLF Venture, VRD and 3 others
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Sanity Group is increasingly focusing on cosmetics - Bitburger is investing millionsGruenderszene•Oct 22, 2020•Bitburger Ventures, Sanity Group
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Despite criticism - Kickstarter water machine Mitte is collecting millionsGruenderszene•Jan 28, 2020•Mitte Water, Bitburger Ventures, Kaercher, Danone and 1 other
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13 million euros for spice startup Just SpicesGruenderszene•Jan 10, 2020•Just Spices, Five Seasons Ventures, Bitburger Ventures, Coefficient Capital and 2 others
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This plant-based meat startup called This has just raised £4.7m in seed fundingAgFunderNews•Jan 09, 2020•THIS, Five Seasons Ventures, Seedcamp, Manta Ray Ventures and 4 others
