# Vasopharm funding: rounds and investors

> Vasopharm has raised $35M across 5 rounds since 2004. Investors include Bayern Kapital, Heidelberg Innovation and EF Investments. Every round with its source.

Source: https://millionrounds.com/company/vasopharm (Millionrounds; every figure on the page links to its filing or article)

Germany · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Vasopharm*

5 rounds we have observed, with the 10 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech Healthcare

Funding summary Updated 26 Oct 2026

**$35M** raised across 5 rounds since 2004, from 5 sources

**$12M** Series B **$6.0M** Series D **$6.5M** Series F **$11M** Round

- **Latest round:** Round, $11M Jul 2019
- **Led by:** EF Investments and HeidelbergCapital Private Equity
- **Biggest round:** $12M Series B · Jan 2006
- **Step-up i:** 1.6×
- **Investors:** 10 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2004 2006 2008 2010 2012 2014 2016 2018

**?** Grant

**$12M** Series B

**$6.0M** Series D

**$6.5M** Series F

**$11M** Round

- **First round:** Grant
- **Biggest round:** $12M
- **Usual gap between rounds:** 4.2 years

## The rounds

- **Jul 2019** Round **$11M** *6 new* *1 returning* EF Investments Lead HeidelbergCapital Private Equity Lead [Bayern Kapital](https://millionrounds.com/fund/bayern-kapital) [Creathor Ventures](https://millionrounds.com/fund/creathor-ventures) [Hanseatic Asset Management](https://millionrounds.com/fund/hansa-capital-partners-llp) Future Capital Ringtons Holdings Reported by FinSMEs
- **Jun 2013** Series F **$6.5M** *1 new* *2 returning* [Bayern Kapital](https://millionrounds.com/fund/bayern-kapital) [Entrepreneurs Fund](https://millionrounds.com/fund/entrepreneurs-fund) [Heidelberg Innovation](https://millionrounds.com/fund/heidelberg-innovation) Reported by vcaonline.com
- **May 2009** Series D **$6.0M** No investor was named in the report. Reported by entrepreneursfund.com
- **Jan 2006** Series B **$12M** *3 new* [Bayern Kapital](https://millionrounds.com/fund/bayern-kapital) [EMBL Ventures](https://millionrounds.com/fund/embl-ventures) [Heidelberg Innovation](https://millionrounds.com/fund/heidelberg-innovation) Reported by biospace.com
- **Feb 2004** Grant **Amount undisclosed** No investor was named in the report. Reported by vasopharm.com

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Grant** 2004 **Series B** 2006 **Series D** 2009 **Series F** 2013 **Round** 2019 [Bayern Kapital](https://millionrounds.com/fund/bayern-kapital) [Heidelberg Innovation](https://millionrounds.com/fund/heidelberg-innovation) EF Investments L HeidelbergCapital Private Equity L [Creathor Ventures](https://millionrounds.com/fund/creathor-ventures) [Entrepreneurs Fund](https://millionrounds.com/fund/entrepreneurs-fund) [EMBL Ventures](https://millionrounds.com/fund/embl-ventures) [Hanseatic Asset Management](https://millionrounds.com/fund/hansa-capital-partners-llp) Future Capital Ringtons Holdings

## Everyone who backed them

[Bayern Kapital](https://millionrounds.com/fund/bayern-kapital) Government **3** rounds

[Heidelberg Innovation](https://millionrounds.com/fund/heidelberg-innovation) VC firm **2** rounds

EF Investments no record of our own yet **1** round, led 1

HeidelbergCapital Private Equity no record of our own yet **1** round, led 1

[Creathor Ventures](https://millionrounds.com/fund/creathor-ventures) VC firm **1** round

[Entrepreneurs Fund](https://millionrounds.com/fund/entrepreneurs-fund) VC firm **1** round

[EMBL Ventures](https://millionrounds.com/fund/embl-ventures) VC firm **1** round

[Hanseatic Asset Management](https://millionrounds.com/fund/hansa-capital-partners-llp) Private equity **1** round

Future Capital no record of our own yet **1** round

Ringtons Holdings no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=vasopharm).

## Quick answers about Vasopharm

### Who invested in Vasopharm?

Vasopharm's investors include Bayern Kapital, Heidelberg Innovation, EF Investments, HeidelbergCapital Private Equity and Creathor Ventures, and 5 more on record. EF Investments led its latest round.

### How much has Vasopharm raised?

Vasopharm has raised $35M across 5 rounds since 2004. One round did not disclose an amount, so the total is a floor.

### When did Vasopharm last raise?

Vasopharm's most recent round was an Undisclosed round of $11M in Jul 2019, led by EF Investments.

### What was Vasopharm's biggest round?

Vasopharm's largest round on record is $12M (Series B), in Jan 2006.

### Who backed Vasopharm first?

Vasopharm's first round on record, in Jan 2006, was backed by Bayern Kapital, EMBL Ventures and Heidelberg Innovation.

### What stage is Vasopharm at?

Vasopharm's latest named round is an Undisclosed round, in Jul 2019.

### Where is Vasopharm based?

Vasopharm is based in Germany.

### Who led Vasopharm's rounds?

EF Investments led the Undisclosed round in 2019.

## Companies like Vasopharm

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