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 · 2+ investments
Seed
Early Stage
Growth
Climate Tech
Deep Tech
Fintech
Healthcare
Life Sciences
- Headquarters
- Frankfurt, Germany
- Founded
- 2018
- Website
- kfw-capital.de
- Total Investments
- 2
- Last Investment
- Jun 2026
- Geographic Focus
- Europe, Germany
Investment Thesis
KfW Capital invests in German and European venture capital and venture debt funds across all stages and industries to strengthen the VC ecosystem and improve access to growth capital for innovative technology companies in Germany. It co-invests alongside private investors, with portfolio funds investing approximately 4.8x the capital contributed by KfW Capital into German companies.
KfW is a Venture Capital firm based in Frankfurt, Germany. It has made 2 investments in Climate Tech and Deep Tech.
Investment History
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