# Backtrace: portfolio, investments and team

> Backtrace is a vc firm based in Germany. Portfolio, stages, co-investors and team.

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

Germany · [Investor](https://millionrounds.com/investors)

# Backtrace

No observed cheques in the sources we track. That is a limit of our coverage, not a finding about this organisation.

Email

Unknown New fund $56M, Mar 2026 VC firm

Pre-seed Seed Venture Capital & Private Equity

Follow Backtrace and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fbacktrace)

Cheques on record

**No rounds observed yet** A limit of the sources we read, not a finding about the firm.

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## What they do

> A pre-seed/seed fund for the technology building blocks that our world runs on. From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed
- **Sectors:** Venture Capital & Private Equity
- **Based in:** Munich, Germany
- **Cold pitches:** Not accepted

## The record

No rounds observed yet. That is a limit of the sources we read, not a finding about the firm. If it has invested, a round will put it here. [Know a round it was in? Tell us](https://millionrounds.com/corrections?slug=backtrace).

## What they claim to have backed

From their own portfolio page (on their website)

**13** of 15 we have independently watched raise

[Adjust](https://millionrounds.com/company/adjust)[ArangoDB](https://millionrounds.com/company/arangodb)[Instana](https://millionrounds.com/company/instana)[KERYS Software](https://millionrounds.com/company/kerys-software)[Ona](https://millionrounds.com/company/ona)[Qovery](https://millionrounds.com/company/qovery)[SO1](https://millionrounds.com/company/so1)[SOC.OS](https://millionrounds.com/company/soc-os)[Seqera](https://millionrounds.com/company/seqera)[Swarm64](https://millionrounds.com/company/swarm64)[Taktile](https://millionrounds.com/company/taktile)[[commutator,studios]](https://millionrounds.com/company/commutator-studios)[acq. by OpenAI](https://millionrounds.com/company/openai) Platform Engineering Labs Wasmer

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

New fund on file

**$56M**

raised in Mar 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

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## Quick answers about Backtrace

### What does Backtrace invest in?

Backtrace says it invests in Venture Capital & Private Equity.

### Is Backtrace investing now?

No investments in the last 12 months.

### What kind of investor is Backtrace?

Backtrace is a VC firm based in Munich, Germany.

### Has Backtrace raised a new fund?

Its latest fund filing with the SEC was in Mar 2026, reporting $56M raised.

### Where does this information on Backtrace come from?

From public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=backtrace) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=backtrace)