About HTGF
HTGF is a venture capital firm founded in 2005. It is primarily based out of Bonn, Germany. As of Sep 2026, HTGF is an active investor, having invested in 746 companies, with 34 new investments in the last 12 months. It primarily invests in Seed 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 Jaipur Robotics Overall, HTGF portfolio has seen 2 unicorns, 18 IPOs and 140 acquisitions including key companies like EGYM, Commercetools and Mister Spex. A lot of funds co-invest with HTGF, with names like Bayern Kapital sharing a substantial percentage of its portfolio. HTGF has team of 58 people including 10 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 8 more
Portfolio IPOs
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
HTGF's List of Top Investments
HTGF has a portfolio of 746 companies, including 2 unicorns. Their most notable investments are in Thermosome and plista.Their portfolio spans across Germany, Switzerland, United States and 17 more locations. They have invested in Enterprise Applications, High Tech, Life Sciences and 37 other sectors, across stages such as Seed, Series A and 8 more. Here is the list of top investments by HTGF:1. EGYM
Provider of smart exercising equipment and mobile-based app for trainers and individuals. The platform offers different types of exercising equipment for the users. Also, it offers an app for fitness trainers to manage their clients. Users can also access the different workout programs offered by fitness experts.
Key facts about EGYM
- Founded Year: 2010
- Location: Munich (Germany)
- Annual Revenue: £1M - £10M as on Dec 31, 2022
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $580M
- Employee Count: 315 as on May 31, 2026
- Investors: Meritech, Kreos Capital and 23 Others
- Latest Funding Round: Series G, Sep 25, 2024, $*****
- Highlight: Editors' Pick
Provider of a platform for enterprise digital commerce and related services. The platform offers solutions for B2C, B2B, and B2X commerce, along with features like AI-driven shopping and agentic commerce. It provides tools for businesses, IT, e-commerce, and finance roles, supporting industries such as retail, fashion, food, telecom, automotive, and healthcare. The platform aims to unify touchpoints and drive revenue through various channels.
Key facts about Commercetools
- Founded Year: 2006
- Location: Munich (Germany)
- Annual Revenue: £10M - £50M as on Dec 31, 2024
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $291M
- Employee Count: 567 as on Jul 31, 2026
- Investors: Reimann Investors, ASTUTIA Ventures and 10 Others
- Latest Funding Round: Series C, Sep 13, 2021, $*****
- Highlight: Acquired
3. Orbex
Orbex is an online trading platform for forex, metals, energies, and indices. It is MT4 based trading platform for web and mobile users. It has partnership programs- IB, asset managers, institutional clients, and a white label program. Its services include trading central, trade lab, strategizer, free VPS, and auto trading. It also provides various research, analysis, and trading tools.
Key facts about Orbex
- Founded Year: 2011
- Location: Limassol (Cyprus)
- Stage: Series C
- Total Funding till date: $45.7M
- Employee Count: 116 as on Jul 31, 2026
- Investors: Octopus Ventures, Heartcore Capital and 3 Others
- Latest Funding Round: Series C, Oct 18, 2022, $*****
4. Aignostics
Developer of artificial intelligence software for biomedical image analysis applications. This technology processes pathology samples to identify drug targets and biomarkers. The software utilizes foundation models to generate embeddings for downstream analysis of tumor microenvironments. These tools support research in drug development and clinical diagnostics by predicting expression patterns and classifying cell types within tissue images.
Key facts about Aignostics
- Founded Year: 2018
- Location: Berlin (Germany)
- Stage: Series B
- Total Funding till date: $53.9M
- Employee Count: 119 as on Jul 31, 2026
- Investors: Wellington Partners Venture Capital, Boehringer Ingelheim Venture Fund and 9 Others
- Latest Funding Round: Series B, Oct 29, 2024, $*****
- Highlight: Editors' Pick
Ferroelectric Memory Company is a provider of IPs for developing non-volatile memories using ferroelectric HfO2 technology. Offerings include manufacturing support, IC design products, and licensing services. It uses HfO2 as ferroelectric memory material and claims that the material improves multiple properties of the memories including low power write and read operations and high speed/high data throughput. It provides solutions for consumer electronics, medical, aerospace, automotive, Internet-of-Things, and security applications. The company also offers manufacturing and design licenses to manufacturers, fabless design companies, and IDMs.
Key facts about Ferroelectric Memory Company
- Founded Year: 2016
- Location: Dresden (Germany)
- Stage: Series C
- Total Funding till date: $115M
- Employee Count: 63 as on Jul 31, 2026
- Investors: HV Capital, Verve Ventures and 17 Others
- Latest Funding Round: Series C, Nov 13, 2025, $*****
- Highlight: Editors' Pick
HTGF's Year-on-Year Investment Trends
HTGF has invested in 747 companies over the last 20 years, with an average of 37 new investments annually in the last 10 years. In 2025, it made 53 investments, while as of Sep 2026, it has made 41 investments in this year. Its most recent first time investment was in Jaipur Robotics and most recent follow-on round was in Inleap-Photonics.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 24 | 17 | 41 |
2025 | 29 | 24 | 53 |
2024 | 34 | 31 | 65 |
2023 | 46 | 14 | 60 |
2022 | 33 | 30 | 63 |
2021 | 34 | 19 | 53 |
2020 | 39 | 22 | 61 |
2019 | 46 | 16 | 62 |
2018 | 34 | 17 | 51 |
2017 | 35 | 16 | 51 |
HTGF's Investments by Stage
HTGF has made 584 investments in Seed stage with an average round size of $2.26M, 74 investments in Series A stage with an average round size of $8.69M and 8 investments in Series B stage with an average round size of $10.2M.Stage of entry | No. of Investments |
|---|---|
Seed | 584 |
Series A | 74 |
Series B | 8 |
Unattributed | 7 |
Series C | 3 |
Others | 7 |
Note: We have considered here, only first round of investments
HTGF's Investments by Sector
HTGF has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Life Sciences, Sustainability Tech and Vertical SaaS. Notably, it has invested in 604 Tech companies, 559 Enterprise (B2B) companies, 339 Software companies and at least 166 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 254 |
High Tech | 162 |
Life Sciences | 158 |
Sustainability Tech | 76 |
Vertical SaaS | 74 |
Others | 733 |
Note: We have considered here, only first round of investments
HTGF's Investments by Geography
HTGF has made most investments in Germany (588), followed by Switzerland where it has made 25 investments.Country | No. of Investments |
|---|---|
Germany | 588 |
Switzerland | 25 |
United States | 15 |
Netherlands | 8 |
United Kingdom | 8 |
Others | 29 |
Note: We have considered here, only first round of investments
HTGF's recent investments
HTGF has made 41 investments in 2026 so far. Jaipur Robotics and Inleap-Photonics are the latest among them.Here are the most recent investments by HTGF:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 07, 2026 | Switzerland | Series A | 3048 | ||
Sep 01, 2026 | - | Seed | 8034 | ||
Aug 25, 2026 | Germany | Seed | 2634 | ||
Aug 18, 2026 | Germany | Series B | 2459 | [+1] | |
Jul 23, 2026 | Germany | Seed | 7432 | [+2] |
Unicorns in HTGF's Portfolio
HTGF has 2 unicorns in its portfolio - Proxima Fusion and EGYM. The most recent unicorn in their portfolio is Proxima Fusion. It became a unicorn in 2026, 3 years after HTGF first invested in it.Here is a list of unicorns in HTGF's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
60 | Developer of fusion power plants | 2023 | Munich | Series A | aswruim | ||
70 | Provider of smart exercising equipment and mobile-based app for trainers and individuals | 2010 | Munich | Series G | ttfnvox |
IPOs and Publicly Listed companies in HTGF's Portfolio
18 of HTGF's portfolio companies have become public. Mister Spex got listed on the Frankfurt Stock Exchange (FRA), in Jul 2021 at marketcap of $930M and NFON got listed on the Frankfurt Stock Exchange (FRA) at marketcap of $197M.Here are HTGF's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 02, 2021 | - | - | 5446 | |
May 31, 2018 | Nov 29, 2010 | Series A | 4182 | |
May 06, 2015 | Sep 15, 2010 | Seed | 8361 | |
Apr 17, 2014 | Sep 27, 2016 | Post IPO | 7751 | |
- | Oct 21, 2013 | Seed | 4597 |
Acquired companies in HTGF's Portfolio
140 companies from HTGF's portfolio have been acquired. The most recent acquisition was Samp AI in Sep 2026 by Aize for $*****.Here are HTGF's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 04, 2026 | Oct 13, 2022 | Seed | 1457 | |
Aug 24, 2026 | Jan 24, 2017 | Seed | 5708 | |
Jun 03, 2026 | Nov 12, 2019 | Seed | 1396 | |
Jun 01, 2026 | Jul 03, 2019 | Seed | 1240 | |
Apr 29, 2026 | Jan 2019 | Seed | 1293 |
Team profile of HTGF
HTGF has a team of 58 members including 10 Partners and 10 Principals located in Germany. HTGF's team does not sit on the board of any company as of now.Here is a list of top team members in HTGF:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Berlin | - | - | |
Partner | Berlin | - | ||
Partner | Cologne | - | ||
Partner | Munich | - | ||
Partner | Bonn | - | ||
Partner | Bonn | - | ||
Partner | Berlin | - | ||
Partner | - | - | - | |
Partner | Hamburg | - | - | |
Partner | Cologne | - | - | |
Partner | Berlin | - | - |
Co-investors of HTGF
Over the past 20 years, 1517 investors have co-invested in HTGF's portfolio companies. This includes funds and angels.
- Invested before HTGF: Europa, Venture Kick and 89 others have invested in rounds before HTGF. There are 20 companies where Europa has invested before HTGF and 12 companies where Venture Kick has invested before HTGF.
- Top Co-investors of HTGF: 615 investors entered a company along with HTGF. These include investors like Bayern Kapital (64 companies).
- Invested after HTGF: A total of 811 investors have invested in HTGF's portfolio after their investments. Top Investors include Europa (60 companies), EIC Fund (34 companies) and Kfw (19 companies).
Recent News related to HTGF
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Inleap Photonics Secures 20 Million Euros for Laser-Based Drone DefenseTrending Topics•Sep 01, 2026•Inleap-Photonics, UVC Partners, HTGF
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HTGF Launches Fundraising for its Fifth Seed Fundmajunke.com•Aug 26, 2026•HTGF, EquityPitcher Ventures
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Pixel-Flo Raises £5.25 Million in Seed Round Led by Northern GritstoneStartup Rise EU•Jul 09, 2026•Northern Gritstone, HTGF, Science Creates
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Auxilius Secures €1.3M Pre-Seed Funding Led by HTGF for AI-Powered GRC AutomationThe SaaS News•Jul 08, 2026•HTGF, Auxilius, Techstars
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NRW.BANK invests 3 million euros in Legal-Tech startup JUPUS for AI secretariatmajunke.com•Jun 23, 2026•NRW.Bank, JUPUS, Semapa Next, HTGF and 2 others
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Berlin-based Seqana secures €3.2 million to quantify soil health using satellite imageryEU-Startups•Jun 19, 2026•HTGF, Pymwymic, Seqana, Counteract and 1 other
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CollimateHealth Raises €6 Million Seed Round for Microbeam Radiation TherapyStartup Rise EU•Jun 15, 2026•VP Venture Partners, HTGF, xista, Posit and 2 others
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Dentons represents Evolution Equity Partners as lead investor in Cyera’s $600 million Series G financingTech Funding News•Jun 15, 2026•HTGF, AlignHealth, Caesar, VP Venture Partners
