About GAP Technology Holding
GAP Technology Holding is a venture capital firm founded in 2007. It is primarily based out of Munich, Germany. As of Feb 2021, GAP Technology Holding has invested in 13 companies. It primarily invests in Series B round in Germany based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Enterprise Infrastructure. Most recently it participated in the $***** Series B round of NexWafe Overall, GAP Technology Holding portfolio has seen 1 IPO and 1 acquisition, namely D-Wave and congatec. Fraunhofer co-invest with GAP Technology Holding, sharing a substantial percentage of its portfolio. GAP Technology Holding has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
GAP Technology Holding's List of Top Investments
GAP Technology Holding has a portfolio of 13 companies. Their most notable investments include D-Wave and NexWafe.Their portfolio spans across Germany, Netherlands, United Kingdom and 2 more locations. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 10 other sectors, across stages such as Series B stage. Here is the list of top investments by GAP Technology Holding:
1. D-Wave
Developer and delivery of quantum computing systems, software, and services. It offers quantum computers a dual-platform quantum computing products and services, spanning both annealing and gate-model quantum computing technologies. It help customers realize the value of quantum today through enterprise-grade systems available on-premises and via its Leap quantum cloud service.
Key facts about D-Wave
- Founded Year: 1999
- Location: Palo Alto (United States)
- Annual Revenue: $10M - $50M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $256M
- Employee Count: 432 as on May 31, 2026
- Investors: Western Technology Investment, Goldman Sachs and 26 Others
- Latest Funding Round: Grant (prize money), Mar 11, 2021, $*****
- Highlight: Public
2. NexWafe
NexWafe produces and supplies wafers to solar cell producers. The company manufactures these wafers using Kerfless Wafering Technique by which there is less wastage of raw materials and the cost of production is low than regular.
Key facts about NexWafe
- Founded Year: 2015
- Location: Freiburg im Breisgau (Germany)
- Stage: Series C
- Total Funding till date: $121M
- Employee Count: 82 as on Jul 31, 2026
- Investors: EIC Fund, GAP Technology Holding and 21 Others
- Latest Funding Round: Series C, May 31, 2023, $*****
- Highlight: Editors' Pick
First Light is developing a nuclear fusion process based on inertial confinement fusion. The process involves symmetrical implosion reaction of the helium produced from water which claims to produce a temperature that of the sun core. This heat energy is then utilized for power production.
Key facts about First Light Fusion
- Founded Year: 2011
- Location: Oxford (United Kingdom)
- Stage: Series C
- Total Funding till date: $139M
- Employee Count: 90 as on Jul 31, 2026
- Investors: Invesco, Oxford Science Enterprises and 11 Others
- Latest Funding Round: Series C, Apr 21, 2026, $*****
- Highlight: Editors' Pick
4. Orbex
Developer of launch system for small satellites. It provides users with systems that can launch small, micro and nano-satellites into low Earth orbits. It claims that its vehicle subsystems are being developed in-house, including rocket engines, avionics, GNC, software and structure technologies. It also provides launching services for a launch range of payload capacities and includes logistics, regulatory, licensing and insurance support.
Key facts about Orbex
- Founded Year: 2015
- Location: Forres (United Kingdom)
- Last Known Valuation: $*****
- Stage: Deadpooled
- Total Funding till date: $158M
- Employee Count: 125 as on Jun 30, 2026
- Investors: Sunstone, Verve Ventures and 31 Others
- Latest Funding Round: Series D, Jan 28, 2025, $*****
5. CodeNotary
Provider of monitoring and runtime security middleware for autonomous agents. This software observes and governs interactions between autonomous workflows, applications, and enterprise infrastructure in real time. It enforces security policies to detect policy violations, data leakage, and unauthorized behavior across agentic networks. The platform correlates activity across users and sessions to provide centralized telemetry and oversight of automated processes.
Key facts about CodeNotary
- Founded Year: 2018
- Location: Houston (United States)
- Stage: Series C
- Total Funding till date: $46M
- Employee Count: 18 as on Jul 31, 2026
- Investors: Acequia Capital, GAP Technology Holding and 4 Others
- Latest Funding Round: Series C, Nov 25, 2025, $*****
- Highlight: Editors' Pick
GAP Technology Holding's Year-on-Year Investment Trends
Its most recent first time investment was in NexWafe.GAP Technology Holding's Investments by Stage
GAP Technology Holding has made 1 investment in Series B stage with an average round size of $12M.GAP Technology Holding's Investments by Sector
GAP Technology Holding has a diverse portfolio, with companies operating in the Energy and Environment. Notably, it has invested in 10 Enterprise (B2B) companies, 8 Tech companies, 7 Software companies and at least 5 companies focusing on Tech hardware.GAP Technology Holding's Investments by Geography
GAP Technology Holding has made most investments in Germany (1).GAP Technology Holding's recent investments
GAP Technology Holding has not made any investment in 2026 so far.Here are the most recent investments by GAP Technology Holding:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 04, 2021 | Germany | Series B | 5989 | [+1] |
IPOs and Publicly Listed companies in GAP Technology Holding's Portfolio
1 of GAP Technology Holding's portfolio company became public - D-Wave. It got listed on the New York Stock Exchange (NYSE), in Aug 2022.Here are GAP Technology Holding's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 08, 2022 | - | - | 2869 |
Acquired companies in GAP Technology Holding's Portfolio
1 company from GAP Technology Holding's portfolio has been acquired. The most recent acquisition was congatec in Aug 2020 by Deutsche Beteiligungs for $*****.Here are GAP Technology Holding's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 24, 2020 | - | - | 8159 |
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Team profile of GAP Technology Holding
GAP Technology Holding has a team of 1 member located in Germany. GAP Technology Holding's team does not sit on the board of any company as of now.Co-investors of GAP Technology Holding
Over the past 5 years, 16 investors have co-invested in GAP Technology Holding's portfolio companies. This includes funds and angels.
- Invested before GAP Technology Holding: Aramco Ventures, WAM and 4 others have invested in rounds before GAP Technology Holding. There is 1 company where Aramco Ventures has invested before GAP Technology Holding and 1 company where WAM has invested before GAP Technology Holding.
- Top Co-investors of GAP Technology Holding: Fraunhofer entered a company along with GAP Technology Holding.
- Invested after GAP Technology Holding: A total of 9 investors have invested in GAP Technology Holding's portfolio after their investments. Top Investors include EIC Fund (1 company), Athos Capital (1 company) and Keshik Capital (1 company).
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