Vanagon Ventures
Overview
Vanagon Ventures is a Munich-based early-stage venture capital firm founded in 2022. It focuses on pre-seed and seed investments in B2B digital deep-tech and climate-tech startups in the DACH region (Germany, Austria, and Switzerland). The firm's investment thesis is centered on supporting companies that use technologies like AI and DLT to drive a profitable and sustainable 'green transformation' in sectors including industrial, nature, and finance.
Portfolio Companies
22
Website
vanagon.vcInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Learn.xyz | Sep 2023 | Seed | Co-investor |
| Holy Technologies | Sep 2025 | Seed | Lead |
| Finches | Oct 2026 | Pre Seed | Lead |
| Bench | Aug 2025 | Pre Seed | Co-investor |
| heartstocks | Mar 2023 | Series A | Co-investor |
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Key People
Axel Roitzsch
General Partner and Co-Founder
Rudolf Auer
Limited Partner and Community Ambassador
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Vanagon Ventures based?
Vanagon Ventures is headquartered in Munich, Bavaria, Germany.
When was Vanagon Ventures founded?
Founding year information for Vanagon Ventures is not publicly available.
How many portfolio companies does Vanagon Ventures have?
Vanagon Ventures has 22 portfolio companies in Caplight's dataset.
What are some companies in Vanagon Ventures's portfolio?
Portfolio companies visible on Caplight include Learn.xyz, Holy Technologies, Finches, Bench, heartstocks.
What was Vanagon Ventures's most recent investment shown here?
Vanagon Ventures's most recent investment in this portfolio sample was in Finches in 2026.
What sectors does Vanagon Ventures focus on?
Vanagon Ventures focuses on Media, Entertainment & Gaming, Frontier & Industrial Tech, Enterprise Software, Energy & Sustainability, FinTech, Real Estate & PropTech, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Cybersecurity, Energy & Sustainability, Frontier & Industrial Tech, Enterprise Software, FinTech, Frontier & Industrial Tech, FinTech, Frontier & Industrial Tech, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Enterprise Software, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Enterprise Software, Mobility, Transportation & Logistics, Crypto & Web3, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, Energy & Sustainability, Frontier & Industrial Tech, Crypto & Web3, Media, Entertainment & Gaming, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure.
What company stages does Vanagon Ventures focus on?
Vanagon Ventures typically invests at the Early stage.