About VSquared Ventures
VSquared Ventures is a venture capital firm founded in 2005. It is primarily based out of Munich, Germany. As of Feb 2026, VSquared Ventures is an active investor, having invested in 36 companies, with 8 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 High Tech to Enterprise Applications and Industrial Goods and Manufacturing. Most recently it participated in the $***** Series A round of constellr Overall, VSquared Ventures portfolio has seen 2 unicorns, namely IQM and Zama. A lot of funds co-invest with VSquared Ventures, with names like HV Capital sharing a substantial percentage of its portfolio. VSquared Ventures has team of 12 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio Soonicorns
Deals in last 12 months
VSquared Ventures' List of Top Investments
VSquared Ventures has a portfolio of 36 companies, including 2 unicorns. Their most notable investments are in One Data and Lendurai.Their portfolio spans across Germany, United States, France and 9 more locations. They have invested in High Tech, Enterprise Applications, Industrial Goods and Manufacturing and 13 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by VSquared Ventures:1. IQM
Developer of superconducting quantum computers. Its features include quantum processors with on-chip components that increase QPU clock speed for error correction, as well as application-specific processors and quantum operations.
Key facts about IQM
Manufacturer of advanced silicon battery for clean energy solutions. It provides users with a company offering silicon battery technology, aiming to create a world where everything that can run on rechargeable batteries does. The company's innovative silicon battery materials are poised to revolutionize the energy storage industry, driving the electrification of everything.
Key facts about Group14 Technologies
Developer of implantable neurotechnology for decoding and modulating brain activity. The company focuses on creating bi-directional, high-resolution brain-computer interfaces. These interfaces enable real-time smart neural decoding and modulation in closed loop. The company's platform combines hardware and data analytics to personalize therapy.
Key facts about INBRAIN Neuroelectronics
- Founded Year: 2019
- Location: Barcelona (Spain)
- Stage: Series B
- Total Funding till date: $82.8M
- Employee Count: 44 as on Jul 01, 2024
- Investors: TruVenturo, European Investment Bank and 16 Others
- Latest Funding Round: Grant (prize money), May 09, 2025, $*****
- Highlight: Editors' Pick
Isar Aerospace Technologies is a manufacturer of launch vehicles for small payloads. It caters to orbital and suborbital launches and offers a two-stage launch vehicle designed for satellite deployment, satellite constellations for single satellites, and payload communication systems.
Key facts about Isar Aerospace Technologies
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: 59 as on Mar 31, 2026
- Investors: Robert Bosch Venture Capital, Verve Ventures and 17 Others
- Latest Funding Round: Series C, Nov 13, 2025, $*****
- Highlight: Editors' Pick
VSquared Ventures' Year-on-Year Investment Trends
VSquared Ventures has invested in 36 companies over the last 6 years, with an average of 6 new investments annually in the last 5 years. In 2025, it made 10 investments, while as of Feb 2026, it has made 4 investments in this year. Its most recent first time investment was in ABZ Innovation and most recent follow-on round was in constellr.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 2 | 4 |
2025 | 8 | 2 | 10 |
2024 | 6 | 5 | 11 |
2023 | 4 | 5 | 9 |
2022 | 8 | 0 | 8 |
2021 | 6 | 1 | 7 |
2020 | 2 | 0 | 2 |
VSquared Ventures' Investments by Stage
VSquared Ventures has made 18 investments in Seed stage with an average round size of $7.04M, 10 investments in Series A stage with an average round size of $35.5M, 4 investments in Series B stage with an average round size of $54.1M and 4 investments in Series C stage with an average round size of $143M.Stage of entry | No. of Investments |
|---|---|
Seed | 18 |
Series A | 10 |
Series B | 4 |
Series C | 4 |
Note: We have considered here, only first round of investments
VSquared Ventures' Investments by Sector
VSquared Ventures has a diverse portfolio, with companies operating in the High Tech, Enterprise Applications, Semiconductors, Aerospace, Maritime and Defense Tech and Energy Tech. Notably, it has invested in 34 Enterprise (B2B) companies, 34 Tech companies, 23 Tech hardware companies and at least 21 companies focusing on Software.Sector | No. of Investments |
|---|---|
High Tech | 25 |
Enterprise Applications | 9 |
Semiconductors | 8 |
Aerospace, Maritime and Defense Tech | 6 |
Energy Tech | 5 |
Others | 29 |
Note: We have considered here, only first round of investments
VSquared Ventures' Investments by Geography
VSquared Ventures has made most investments in Germany (18), followed by United States where it has made 4 investments.Country | No. of Investments |
|---|---|
Germany | 18 |
United States | 4 |
France | 3 |
Switzerland | 3 |
Belgium | 1 |
Others | 7 |
Note: We have considered here, only first round of investments
VSquared Ventures' recent investments
VSquared Ventures has made 4 investments in 2026 so far. constellr and Morpheus Space are the latest among them.Here are the most recent investments by VSquared Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 10, 2026 | Germany | Series A | 8342 | [+5] | |
Feb 05, 2026 | United States | Series A | 9832 | [+4] | |
Jan 22, 2026 | Hungary | Series A | 3477 | [+1] | |
Jan 15, 2026 | Switzerland | Seed | 4272 | - | |
Nov 13, 2025 | Germany | Series C | 3479 | [+6] |
Unicorns in VSquared Ventures' Portfolio
VSquared Ventures has 2 unicorns in its portfolio - IQM and Zama. The most recent unicorn in their portfolio is IQM. It became a unicorn in 2025, 3 years after VSquared Ventures first invested in it.Here is a list of unicorns in VSquared Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
69 | Developer of superconducting quantum computers | 2018 | Espoo | Series B | gfdl{{j | ||
49 | Developer of protocol enabling confidential smart contracts on any blockchain | 2019 | Paris | Series B | bgbnviw |
Team profile of VSquared Ventures
VSquared Ventures has a team of 12 members including 3 Partners, 2 Venture Partners and 1 Principal located in Germany and United Kingdom. VSquared Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in VSquared Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Munich | - | ||
Partner | Munich | - | ||
Partner | Hamburg | - | - | |
Venture Partner | Cologne | - | ||
Venture Partner | Munich | - | ||
Principal | London | - |
Co-investors of VSquared Ventures
Over the past 6 years, 273 investors have co-invested in VSquared Ventures's portfolio companies. This includes funds and angels.
- Invested before VSquared Ventures: Europa, Vito Ventures and 61 others have invested in rounds before VSquared Ventures. There are 6 companies where Europa has invested before VSquared Ventures and 4 companies where Vito Ventures has invested before VSquared Ventures.
- Top Co-investors of VSquared Ventures: 118 investors entered a company along with VSquared Ventures. These include investors like HV Capital (6 companies).
- Invested after VSquared Ventures: A total of 92 investors have invested in VSquared Ventures's portfolio after their investments. Top Investors include Bayern Kapital (3 companies), Europa (3 companies) and Mail.schwarz (2 companies).
Recent News related to VSquared Ventures
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Hyperscale Power Raises 5 Million Euros in Seed Roundstartuplog.com•Mar 11, 2026•, World Fund, VSquared Ventures
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Constellr Raises €37 Million for Thermal Imaging SatellitesTrending Topics•Feb 10, 2026•constellr, Alpine Space, VSquared Ventures, Cardumen Capital and 8 others
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Morpheus Space Pulls In $15MMassinvestor•Feb 05, 2026•Alpine Space, Pallas Advisors, VSquared Ventures, European Investment Fund and 4 others
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AlphaLum raises CHF 3.4M for efficient AR displays and low-power sensingTech Funding News•Jan 15, 2026•AlphaLum, VSquared Ventures, ams OSRAM
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Germany’s FMC secures €100M to lessen reliance on US & Asian memory suppliersEU-Startups•Nov 13, 2025•DeepTech & Climate Fonds, HV Capital, Ferroelectric Memory Company, HTGF and 12 others
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55 North Announces First Close of Record €300 Million Quantum FundBusiness Wire•Oct 03, 2025•Danmarks Eksport og Investeringsfond, VSquared Ventures, Cambium Capital Partners, Novo Holdings and 1 other
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Arlequin AI Secures €4.4 Million In Seed RoundStartup Rise EU•Jun 12, 2025•Arlequin AI, VSquared Ventures, 10x Founders, Kima Ventures
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Paris-based Arlequin AI secures €4.4 million to fight disinformationEU-Startups•Jun 11, 2025•Arlequin AI, VSquared Ventures
