About Lunar Ventures
Lunar Ventures is a venture capital firm founded in 2017. It is primarily based out of Berlin, Germany. As of Oct 2026, Lunar Ventures is an active investor, having invested in 33 companies, with 5 new investments in the last 12 months. It primarily invests in Seed round in United Kingdom based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Retail. Most recently it participated in the $***** Seed round of Hop Aero Overall, Lunar Ventures portfolio has seen 1 unicorn and 1 acquisition, namely Zama and Nannyml Systems. A lot of funds co-invest with Lunar Ventures, with names like Charlie Songhurst sharing a substantial percentage of its portfolio. Lunar Ventures has team of 10 people including 7 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Portfolio Unicorns
Deals in last 12 months
Lunar Ventures' List of Top Investments
Lunar Ventures has a portfolio of 33 companies, one of which is a Unicorn. Their most notable investments are in Wasp and Runware.Their portfolio spans across United Kingdom, United States, Croatia and 8 more locations. They have invested in Enterprise Applications, High Tech, Retail and 11 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Lunar Ventures:
1. Runware
Online platform offering AI-based art generator for consumers. It uses AI to generate videos from text descriptions, text to image, image to image and more.
Key facts about Runware
- Founded Year: 2023
- Location: London (United Kingdom)
- Stage: Series A
- Total Funding till date: $66M
- Employee Count: 61 as on Aug 31, 2026
- Investors: Lakestar, Dawn Capital and 7 Others
- Latest Funding Round: Series A, Dec 11, 2025, $*****
- Highlight: Editors' Pick
2. Zama
Developer of fully homomorphic encryption solutions for blockchain privacy applications. The technology enables the processing and computation of data while remaining in an encrypted state, allowing for private transactions and operations on public ledgers. By integrating encryption directly into the protocol layer, the platform allows institutions to conduct decentralized finance activities, token distributions, and payroll services without exposing sensitive balance sheet information or transaction details to the public. The system utilizes access control lists and selective disclosure features to ensure compliance and auditability while maintaining user confidentiality.
Key facts about Zama
- Founded Year: 2019
- Location: Paris (France)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $150M
- Employee Count: 251 as on Aug 31, 2026
- Investors: Metaplanet, Masnavi Capital and 15 Others
- Latest Funding Round: Series B, Jun 25, 2025, $*****
- Highlight: Editors' Pick
3. deepset
Developer of a platform for building custom artificial intelligence solutions. The platform offers tools for data indexing, visual pipeline building, stakeholder testing, governance, and deployment. It supports retrieval augmented generation, intelligent document processing, enterprise search, and text-to-SQL capabilities. The platform is designed to enable the creation of custom artificial intelligence agents and workflows.
Key facts about deepset
- Founded Year: 2018
- Location: Berlin (Germany)
- Stage: Series B
- Total Funding till date: $45.6M
- Employee Count: 83 as on Aug 31, 2026
- Investors: Deep Learning, Acequia Capital and 15 Others
- Latest Funding Round: Series B, Aug 09, 2023, $*****
- Highlight: Editors' Pick

4. Emm
Provider of a smart menstrual cup to track menstrual health. The company is offering a Biowearable cup that adjusts to fits everyone, everywhere to monitor key metrics like volume, flow rate, cycle length, and regularity. Also, the app gives personally identifiable information.
Key facts about Emm
5. Lodestar
Developer of advanced technologies for space operations. It provides users with a company offering integrated hardware and software suite designed to provide dexterous manipulation capabilities essential for safeguarding national security and enabling future large scale in orbit construction projects.
Key facts about Lodestar
- Founded Year: 2023
- Location: London (United Kingdom)
- Stage: Seed
- Total Funding till date: $2.75M
- Employee Count: 20 as on Sep 30, 2026
- Investors: Entrepreneurs First, Gov and 5 Others
- Latest Funding Round: Grant (prize money), Dec 01, 2025, $*****
- Highlight: Editors' Pick
Lunar Ventures' Year-on-Year Investment Trends
Lunar Ventures has invested in 33 companies over the last 6 years, with an average of 4 new investments annually in the last 5 years. In 2025, it made 2 investments, while as of Oct 2026, it has made 4 investments in this year. Its most recent first time investment was in Hop Aero and most recent follow-on round was in Neurolabs.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 0 | 4 |
2025 | 1 | 1 | 2 |
2024 | 2 | 1 | 3 |
2023 | 2 | 1 | 3 |
2022 | 6 | 1 | 7 |
2021 | 3 | 0 | 3 |
2020 | 2 | 0 | 2 |
Lunar Ventures' Investments by Stage
Lunar Ventures has made 14 investments in Seed stage with an average round size of $4.08M and 6 investments in Series A stage with an average round size of $7.78M.Stage of entry | No. of Investments |
|---|---|
Seed | 14 |
Series A | 6 |
Note: We have considered here, only first round of investments
Lunar Ventures' Investments by Sector
Lunar Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Aerospace, Maritime and Defense Tech, Enterprise Infrastructure and Business Services. Notably, it has invested in 30 Tech companies, 27 Enterprise (B2B) companies, 23 Software companies and at least 11 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 10 |
High Tech | 8 |
Aerospace, Maritime and Defense Tech | 4 |
Enterprise Infrastructure | 4 |
Business Services | 2 |
Others | 12 |
Note: We have considered here, only first round of investments
Lunar Ventures' Investments by Geography
Lunar Ventures has made most investments in United Kingdom (10), followed by Croatia where it has made 2 investments.Country | No. of Investments |
|---|---|
United Kingdom | 10 |
Croatia | 2 |
United States | 2 |
Austria | 1 |
Germany | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Lunar Ventures' recent investments
Lunar Ventures has made 4 investments in 2026 so far. Hop Aero and Zenithon AI are the latest among them.Here are the most recent investments by Lunar Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 01, 2026 | United States | Seed | 8524 | [+3] | |
Sep 30, 2026 | United Kingdom | Seed | 6178 | [+3] | |
Aug 24, 2026 | United Kingdom | Series A | 8310 | [+2] | |
Aug 21, 2026 | United Kingdom | Series A | 3533 | [+2] | |
Nov 19, 2025 | United Kingdom | Seed | 5392 | [+6] |
Unicorns in Lunar Ventures' Portfolio
Lunar Ventures has 1 unicorn in its portfolio - Zama. The most recent unicorn in their portfolio is Zama which became a unicorn in 2025, 1 years before Lunar Ventures first invested in it.Here is a list of unicorns in Lunar Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
66 | Developer of fully homomorphic encryption solutions for blockchain privacy applications | 2019 | Paris | Series B | tkwscno |
Acquired companies in Lunar Ventures' Portfolio
1 company from Lunar Ventures' portfolio has been acquired. The most recent acquisition was Nannyml Systems in Jun 2025 by Soda for $*****.Here are Lunar Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 09, 2025 | Oct 30, 2020 | Seed | 3555 |
Team profile of Lunar Ventures
Lunar Ventures has a team of 10 members including 7 Partners and 1 Venture Partner located in Germany, United Kingdom and 3 more locations. Lunar Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Lunar Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Berlin | - | ||
Partner | Lisbon | - | ||
Partner | Berlin | - | - | |
Partner | Croatia | - | - | |
Partner | Berlin | - | - | |
Partner | United Kingdom | - | ||
Partner | Paris | - | - | |
Venture Partner | Horam | - |
Co-investors of Lunar Ventures
Over the past 6 years, 134 investors have co-invested in Lunar Ventures's portfolio companies. This includes funds and angels.
- Invested before Lunar Ventures: System.One, Acequia Capital and 20 others have invested in rounds before Lunar Ventures. There is 1 company where System.One has invested before Lunar Ventures and 1 company where Acequia Capital has invested before Lunar Ventures.
- Top Co-investors of Lunar Ventures: 95 investors entered a company along with Lunar Ventures. These include investors like Charlie Songhurst (7 companies).
- Invested after Lunar Ventures: A total of 17 investors have invested in Lunar Ventures's portfolio after their investments. Top Investors include Insight Partners (1 company), Dawn Capital (1 company) and Speedinvest (1 company).
Recent News related to Lunar Ventures
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Zenithon Raises $10M Seed Funding for AI World Models in Extreme PhysicsThe SaaS News•Oct 01, 2026•Lunar Ventures, SOSV, Seraphim, MMC Ventures and 1 other
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Oshen raises £3.65m to scale ocean-sensing robot fleetUKTN•Aug 21, 2026•Lunar Ventures, Oshen, Twin Track Ventures, AlbionVC and 3 others
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Emm Secures $9M Seed Funding for Smart Menstrual Cup Launch in Women’s HealthStartup Rise EU•Nov 19, 2025•Emm, Lunar Ventures, Bluelion Global, Alumni Ventures and 2 others
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German VC Firm Lunar Ventures Raises €50M for DeepTech InvestmentsStartup Rise EU•May 21, 2025•Lunar Ventures
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Aldea Ventures Closes €50M Second Fund for Early-Stage Tech StartupsStartup Rise EU•Apr 28, 2025•Aldea Ventures, Possible Ventures, Lunar Ventures, Concept Ventures
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Runware Secures $3M in FundingFinSMEs•Oct 02, 2024•Runware, Andreessen Horowitz, Lakestar, Lunar Ventures and 4 others
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DeepOpinion Raises €11M for AI-driven disaster claims automationTech.eu•Sep 26, 2024•DeepOpinion, Red River West, AIC, Lunar Ventures and 1 other
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Deepset secures $30M to expand its LLM-focused MLOps offeringsTechCrunch+•Aug 09, 2023•deepset, Harpoon, Google Ventures, Balderton Capital and 2 others
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Funding for data startup Instill AIResearch Live•Feb 15, 2023•Instill, RTP Global, Lunar Ventures, HIVE Ventures
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Throwing a lasso around the chaos of unstructured content, Instill AI ropes in $3.6 millionTech.eu•Feb 01, 2023•Instill, RTP Global, Lunar Ventures, HIVE Ventures
