KfW Capital is the dedicated equity investment arm of Germany's state-owned KfW Group, established in 2018 as a wholly-owned subsidiary. As one of Europe's largest venture capital investors, KfW Capital invests in German and European VC and venture debt funds — acting as a fund-of-funds — to improve access to growth capital for innovative technology companies in Germany. It has committed capital to over 150 VC and venture debt funds, indirectly supporting more than 2,800 startups.
Frankfurt, Germany · 9+ investments · 8 portfolio companies
- Headquarters
- Frankfurt, Germany
- Founded
- 2018
- Website
- kfw-capital.de
- Portfolio Companies
- 8
- Total Investments
- 9
- Last Investment
- Jun 2026
- Geographic Focus
- Europe, Germany
Investment Thesis
KfW is a Venture Capital firm based in Frankfurt, Germany. It has made 9 investments, including VEACT, Algiax Pharmaceuticals and Novaled. Focus areas include Climate Tech and Deep Tech.
Portfolio8
Co-investors24
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24 co-investors across 29 shared portfolio companies — who they back alongside, and how often they lead.
Venture Capital ×18 · Corporate VC ×3 · Bank ×1 · 23 shared rounds
Investment History
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