About Grazia Equity
Grazia Equity is a venture capital firm founded in 1998. It is primarily based out of Stuttgart, Germany. As of Apr 2026, Grazia Equity is an active investor, having invested in 49 companies, with 1 new investment in the last 12 months. It primarily invests in Series A round in Germany based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Life Sciences. Most recently it participated in the $***** Series A round of Patronus Group Overall, Grazia Equity portfolio has seen 1 unicorn, 4 IPOs and 16 acquisitions including key companies like SiTime, TIER and Immatics. A lot of funds co-invest with Grazia Equity, with names like Mountain Partners sharing a substantial percentage of its portfolio. Grazia Equity has team of 4 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 5 more
Portfolio Unicorns
Deals in last 12 months
Grazia Equity's List of Top Investments
Grazia Equity has a portfolio of 49 companies, one of which is a Unicorn. Their most notable investments are in Inspekto and YEAY.Their portfolio spans across Germany, United States, Switzerland and 3 more locations. They have invested in Enterprise Applications, High Tech, Life Sciences and 24 other sectors, across stages such as Series A, Seed and 5 more. Here is the list of top investments by Grazia Equity:1. SiTime
Provider of RF MEMS-based oscillators and resonators. Its product portfolio includes jitter cleaners/network synchronizers, clock generators, MHz oscillators, programmable OCXOs, precision MHz Super-TCXOs, ruggedized oscillators, µPower oscillators, and resonators. It has applications in infrastructure, automotive, industrial, IoT, mobile-wearable, consumer, aerospace, and defence.
Key facts about SiTime
- Founded Year: 2004
- Location: Sunnyvale (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $52M
- Employee Count: 606 as on Aug 31, 2026
- Investors: Icon Ventures, CampVentures and 9 Others
- Latest Funding Round: Series B, Sep 23, 2014, $*****
- Highlight: Public
2. TIER
Operator of shared electric scooters and bicycles for urban transit. The vehicles are available for short term rental to facilitate movement within metropolitan areas. The service provides access to motorized personal transport options through a digital interface. Maintenance and fleet management are handled internally to support vehicle availability.
Key facts about TIER
3. Immatics
Developer of T -cell-based immunotherapies for the treatment of cancer. The company has propriety platform XPRESIDENT is involved in identifying and validating antigens specific to cancer cells and subsequently develops adoptive cell therapies and bispecific TCRs for treating cancer. IMA101, using its proprietary ACTolog approach, which is T-cell products generated from peripheral blood cells with defined target selectivity.
Key facts about Immatics
- Founded Year: 2000
- Location: Tubingen (Germany)
- Stage: Public
- Total Funding till date: $236M
- Employee Count: 652 as on Aug 31, 2026
- Investors: Amgen Business Development, Timefolio Capital and 18 Others
- Latest Funding Round: Post IPO, Jul 24, 2023, $*****
- Highlight: Public
4. Statista
Provider of market data, market research, and market study statistics. The company offers insights across various industries, including consumer goods, e-commerce, and technology. It delivers reports, statistics, and data-driven services. The company provides research, strategy, and marketing communication solutions.
Key facts about Statista
- Founded Year: 2007
- Location: Hamburg (Germany)
- Stage: Acquired
- Employee Count: 1,276 as on Aug 31, 2026
- Investors: Grazia Equity and Ströer
- Highlight: Acquired

5. Zageno
Marketplace and life science research community for biotech research kits. Users can search for products to help with various research requirements including sample preparation, gene editing, PCR, detection, labelling, and sequencing. It also lists accessories such as nucleotides and plasmid vectors. Products are provided with a scientific score that is based on scientific papers, publication mentions, citations, social impact, positive & negative reviews, etc.
Key facts about Zageno
- Founded Year: 2015
- Location: Cambridge (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $121M
- Employee Count: 126 as on Aug 31, 2026
- Investors: Fabrice Grinda, Capnamic Ventures and 5 Others
- Latest Funding Round: Series C, May 25, 2023, $*****
- Highlight: Editors' Pick
Grazia Equity's Year-on-Year Investment Trends
Grazia Equity has invested in 49 companies over the last 26 years, with an average of 1 new investment annually in the last 10 years. In 2025, it made 3 investments, while as of Apr 2026, it has made 1 investment in this year. Its most recent first time investment was in Patronus Group and most recent follow-on round was in VYTAL.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 2 | 1 | 3 |
2024 | 1 | 2 | 3 |
2023 | 0 | 1 | 1 |
2022 | 1 | 0 | 1 |
2021 | 3 | 2 | 5 |
2020 | 2 | 1 | 3 |
2019 | 1 | 1 | 2 |
2018 | 1 | 0 | 1 |
2017 | 1 | 3 | 4 |
Grazia Equity's Investments by Stage
Grazia Equity has made 17 investments in Series A stage with an average round size of $15.8M, 9 investments in Seed stage with an average round size of $2.25M and 7 investments in Series B stage with an average round size of $15.9M.Stage of entry | No. of Investments |
|---|---|
Series A | 17 |
Seed | 9 |
Series B | 7 |
Series D | 2 |
PE | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Grazia Equity's Investments by Sector
Grazia Equity has a diverse portfolio, with companies operating in the Consumer, High Tech, Enterprise Applications, Life Sciences and Retail. Notably, it has invested in 39 Tech companies, 30 Enterprise (B2B) companies, 19 Consumer (B2C) companies and at least 14 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 14 |
High Tech | 10 |
Enterprise Applications | 8 |
Life Sciences | 7 |
Retail | 5 |
Others | 43 |
Note: We have considered here, only first round of investments
Grazia Equity's Investments by Geography
Grazia Equity has made most investments in Germany (24), followed by United States where it has made 9 investments.Country | No. of Investments |
|---|---|
Germany | 24 |
United States | 9 |
Switzerland | 2 |
Israel | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Grazia Equity's recent investments
Grazia Equity has made 1 investments in 2026 so far - Patronus Group.Here are the most recent investments by Grazia Equity:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 28, 2026 | Germany | Series A | 6797 | [+5] | |
Jul 17, 2025 | Germany | Series A | 1354 | [+8] | |
Mar 11, 2025 | Germany | Series B | 6211 | [+5] | |
Feb 20, 2025 | United States | Series B | 6254 | [+9] | |
Sep 10, 2024 | Germany | Series B | 1520 | [+11] |
Unicorns in Grazia Equity's Portfolio
Grazia Equity has 1 unicorn in its portfolio - TIER. The most recent unicorn in their portfolio is TIER which became a unicorn in 2021.Here is a list of unicorns in Grazia Equity's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
67 | Operator of shared electric scooters and bicycles for urban transit | 2018 | Berlin | Series D | dzdxico |
IPOs and Publicly Listed companies in Grazia Equity's Portfolio
4 of Grazia Equity's portfolio companies have become public. Immatics got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jul 2020 and SiTime got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $194M.Here are Grazia Equity's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 02, 2020 | Mar 2004 | Series A | 2563 | |
Nov 21, 2019 | - | - | 1837 | |
Feb 10, 2014 | Jul 09, 2019 | Post IPO | 7819 | |
Feb 04, 2000 | - | - | 9721 |
Acquired companies in Grazia Equity's Portfolio
16 companies from Grazia Equity's portfolio have been acquired. The most recent acquisition was Inspekto in Feb 2024 by Siemens for $*****.Here are Grazia Equity's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 20, 2024 | Oct 15, 2018 | Series A | 3997 | |
Feb 01, 2024 | Jul 15, 2020 | Series A | 1586 | |
Jun 29, 2021 | Apr 24, 2007 | Series A | 3143 | |
Jan 10, 2020 | Apr 26, 2012 | Series A | 5179 | |
Mar 27, 2019 | Nov 20, 2007 | Series B | 3245 |
Team profile of Grazia Equity
Grazia Equity has a team of 4 members including 3 Partners and 1 Venture Partner located in Germany and United Kingdom. Grazia Equity's team does not sit on the board of any company as of now.Here is a list of all team members in Grazia Equity:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Stuttgart | - | ||
Partner | Stuttgart | - | ||
Partner | Germany | - | ||
Venture Partner | London | - |
Co-investors of Grazia Equity
Over the past 26 years, 273 investors have co-invested in Grazia Equity's portfolio companies. This includes funds and angels.
- Invested before Grazia Equity: SoftBank Vision Fund, Mubadala and 86 others have invested in rounds before Grazia Equity. There is 1 company where SoftBank Vision Fund has invested before Grazia Equity and 1 company where Mubadala has invested before Grazia Equity.
- Top Co-investors of Grazia Equity: 92 investors entered a company along with Grazia Equity. These include investors like Mountain Partners (2 companies).
- Invested after Grazia Equity: A total of 93 investors have invested in Grazia Equity's portfolio after their investments. Top Investors include Europa (3 companies), Kfw (2 companies) and Mountain Partners (2 companies).
Recent News related to Grazia Equity
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Patronus Funding Round: Berlin Startup Receives €11 Million for Senior SmartwatchTrending Topics•Apr 28, 2026•3TS Capital Partners, , Adjacent, Singular and 3 others
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Q.ANT Secures €62M to Revolutionize Computing with Photonic ProcessingPresseBox•Aug 01, 2025•Q.ANT, imec.xpand, UVC Partners, Cherry Ventures and 6 others
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Q.ANT Secures €62 Million ($73 Million USD) Series A Funding to Advance Quantum Sensor Development and Commercialization
Quantum Computing Report•Jul 24, 2025•Q.ANT, Cherry Ventures, UVC Partners, imec.xpand and 8 others
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Q.ANT raises $72M to transform AI computing with photonic processors.SiliconAngle•Jul 17, 2025•Q.ANT, Cherry Ventures, UVC Partners, imec.xpand and 7 others
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Q.ANT Raises €62M to Advance Computing with Photonic ProcessingHpcwire•Jul 17, 2025•Q.ANT, Cherry Ventures, UVC Partners, Imec and 7 others
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Amsterdam’s Rubio Impact Ventures-backed Vytal bags €14.2M to eliminate single-use packaging wasteSilicon Canals•Mar 11, 2025•VYTAL, Inven Capital, Emerald Technology Ventures, Grazia Equity and 8 others
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Vytal Global secures €14.2 million to scale tech-driven reusable packagingEU-Startups•Mar 11, 2025•VYTAL, Inven Capital, NRW.Bank, Emerald Technology Ventures and 7 others
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Lumotive Raises $45 Million To Expand Sales Of Programmable Optical SemiconductorsCIO Influence•Feb 20, 2025•Lumotive, Swisscom Ventures, Eastbridge Group, EDOM Technology and 13 others
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Affinity secures USD 8 million in seed fundingThe Paypers•Feb 17, 2025•Grazia Equity, Backed, Enza Capital, Launch Africa and 7 others
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Ghana-based digital banking platform Affinity Africa raises $8 million in seed fundingStartup Log•Feb 12, 2025•Grazia Equity, Backed, Enza Capital, Launch Africa and 4 others
