# Grazia Equity: portfolio, investments and team

> Grazia Equity is a vc firm based in Germany. 27 investments on record, latest Mar 2025. Portfolio, stages, co-investors and team.

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

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

# Grazia Equity

Last cheque observed Mar 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet VC firm

Seed Series A Series B Fintech Paytech Lending

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

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 27 on record

Since the last cheque **599** days **00** hrs **00** min **00** sec

Median round **$16M** Rounds led **1 of 27** Sole investor **1 rounds** Exits **2 from the portfolio** Mostly in **United States, 48%**

Pitch Grazia Equity

## Grazia Equity highlights

- 01 27 rounds on record
- 02 Mostly Series B and Growth: 54% of its rounds
- 03 Sole investor in 1 rounds, median $4.0M
- 04 2 exits from the portfolio

## What they do

> Wir sind einer der selektivsten und erfahrensten deutschen Start-up-Investoren. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth Pre-IPO
- **Sectors:** Fintech Paytech Lending
- **Based in:** Stuttgart, Germany
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **27 appearances**

- **2025** 2 rounds
- **Mar** **[Vytal](https://millionrounds.com/company/vytal)** Growth · DE · Silicon Canals **$16M** With 7 others
- **Feb** **[Affinity Africa](https://millionrounds.com/company/affinity-africa)** Seed · GH · Disrupt Africa **$8.0M** *Led*
- **2018** 1 round
- **Jun** **[Carisma](https://millionrounds.com/company/carisma)** Series A · US · FinSMEs **$53M** With 7 others
- **2015** 1 round
- **Jul** **[room.me](https://millionrounds.com/company/room-me)** Seed · US **$1.1M** With 1 other
- **2013** 2 rounds
- **Nov** **[SiTime](https://millionrounds.com/company/sitime)** Series F · US · finance.yahoo.com **Undisclosed** With 11 others
- **Apr** **[Delivery Agent](https://millionrounds.com/company/delivery-agent)** Growth · US **$10M** With 3 others
- **2012** 5 rounds
- **Jul** **[mysportgroup](https://millionrounds.com/company/mysportgroup)** Series B · DE · finsmes.com **$17M** With 3 others
- **May** **[Starboard Storage Systems](https://millionrounds.com/company/starboard-storage-systems)** Series B · US · news.yahoo.com **$13M** With 1 other
- **Apr** **[Quantenna Communications](https://millionrounds.com/company/quantenna-communications)** Growth · US · sec.gov **$59M** With 7 others
- **Apr** **[Quantenna Communications](https://millionrounds.com/company/quantenna-communications)** Venture · US · freshnews.com **$79M** With 7 others
- **Jan** **[B2X Care Solutions](https://millionrounds.com/company/b2x-care-solutions)** Growth · DE **Undisclosed** With 1 other
- **2011** 1 round
- **Jan** **[RELDATA, Inc.](https://millionrounds.com/company/reldata-inc)** Series B · US · redherring.com **$4.0M** Sole investor
- **2010** 3 rounds
- **Sept** **[Mister Spex](https://millionrounds.com/company/mister-spex)** Series B · DE · finsmes.com **$8.9M** With 7 others
- **Aug** **[Mysportsbrands](https://millionrounds.com/company/mysportsbrands)** Series B · DE · gruenderszene.de **Undisclosed** With 1 other
- **Feb** **[Quantenna Communications](https://millionrounds.com/company/quantenna-communications)** Series D · US · venturebeat.com **$15M** With 6 others
- **2009** 3 rounds
- **Sept** **[XConnect Global Networks](https://millionrounds.com/company/xconnect-global-networks)** Series B · GB · xconnect.net **$10M** With 2 others
- **Jul** **[Metaversum](https://millionrounds.com/company/metaversum)** Venture · DE · techcrunch.com **$6.3M** With 2 others
- **Apr** **[Quantenna Communications](https://millionrounds.com/company/quantenna-communications)** Series C · US · marketwire.com **$14M** With 4 others
- **2008** 2 rounds
- **Mar** **[Nanosolar](https://millionrounds.com/company/nanosolar)** Series D · US · news.cnet.com **$300M** With 10 others
- **Jan** **[United Mobile](https://millionrounds.com/company/united-mobile)** Venture · CH · buzzsparks.org **$15M** With 3 others
- **2007** 3 rounds
- **Nov** **[Quantenna Communications](https://millionrounds.com/company/quantenna-communications)** Series B · US · quantenna.com **$13M** With 3 others
- **Nov** **[United Mobile](https://millionrounds.com/company/united-mobile)** Series A · CH · united-mobile.com **$200M** With 4 others
- **Apr** **[XConnect Global Networks](https://millionrounds.com/company/xconnect-global-networks)** Series A · GB · xconnect.net **$12M** With 3 others
- **2006** 2 rounds
- **Jun** **[Nanosolar](https://millionrounds.com/company/nanosolar)** Series C · US · electroiq.com **$75M** With 12 others
- **Mar** **[VoiceTrust](https://millionrounds.com/company/voicetrust)** Series B · DE **$2.4M** With 1 other
- **2005** 1 round
- **Apr** **[immatics biotechnologies](https://millionrounds.com/company/immatics-biotechnologies)** Series B · DE **$7.5M** With 6 others
- **2004** 1 round
- **Feb** **[immatics biotechnologies](https://millionrounds.com/company/immatics-biotechnologies)** Series A · DE **$7.5M** With 6 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **3** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What they claim to have backed

From their own portfolio page (on their website)

**16** of 29 we have independently watched raise

[Affinityafrica](https://millionrounds.com/company/affinity-africa)[Conergy](https://millionrounds.com/company/conergy)[Gyant](https://millionrounds.com/company/gyant)[Immatics](https://millionrounds.com/company/immatics)[Lingoda](https://millionrounds.com/company/lingoda)[Lumotive](https://millionrounds.com/company/lumotive)[Misterspex](https://millionrounds.com/company/mister-spex)[Moviepilot](https://millionrounds.com/company/moviepilot)[Qant](https://millionrounds.com/company/q-ant)[Rekordfinanzierung bei Neura](https://millionrounds.com/company/neura-robotics)[Sitime](https://millionrounds.com/company/sitime)[Voicetrust](https://millionrounds.com/company/voicetrust)[Vytal](https://millionrounds.com/company/vytal)[Xo-life](https://millionrounds.com/company/xo-life)[Zageno](https://millionrounds.com/company/zageno)[tier.app](https://millionrounds.com/company/tier-mobility) Agenusbio Inspekto Quantenna Statista Yeay ais.de eternal-power.de formo.bio gitti.de hypatos.ai mid.de patronus-uhr.de/ straehle-hess.de

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.

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[SiTime](https://millionrounds.com/company/sitime)** Bought by MegaChips Corporation **$200M** Oct 2014

**[RELDATA, Inc.](https://millionrounds.com/company/reldata-inc)** Bought by Starboard Storage Systems **Undisclosed** Feb 2012

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Seed Series A Series B

Median round joined **$16M** the round, not its cheque Alone, median **$4.0M**

Led 1 of 27 rounds **4%**

- **Sole investor:** 1 rounds
- **Last cheque:** Mar 2025
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Series B said *9*
- Growth said *4*
- Series A said *4*
- Venture *3*
- Series C *2*
- Series D *2*
- Seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Venrock](https://millionrounds.com/fund/venrock) 7
- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 5
- [Sigma Partners](https://millionrounds.com/fund/sigma-partners) 5
- [Southern Cross Venture Partners](https://millionrounds.com/fund/southern-cross-venture-partners) 4
- [Accel](https://millionrounds.com/fund/accel) 3
- [Beck Energy](https://millionrounds.com/fund/beck-energy) 2

**Pitching Grazia Equity?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Grazia Equity. A count of rooms they were both in, not a relationship either has claimed.

[**Venrock** VC firm **7** rounds together](https://millionrounds.com/fund/venrock)[**Sequoia Capital** VC firm **5** rounds together](https://millionrounds.com/fund/sequoia-capital)[**Sigma Partners** VC firm **5** rounds together](https://millionrounds.com/fund/sigma-partners)[**Southern Cross Venture Partners** VC firm **4** rounds together](https://millionrounds.com/fund/southern-cross-venture-partners)[**Accel** VC firm **3** rounds together](https://millionrounds.com/fund/accel)[**Beck Energy** Growth equity **2** rounds together](https://millionrounds.com/fund/beck-energy)[**Bright Capital** Investment firm **2** rounds together](https://millionrounds.com/fund/bright-capital)[**DAG Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/dag-ventures)[**EMBL Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/embl-ventures)[**GLG Partners** VC firm **2** rounds together](https://millionrounds.com/fund/glg-partners)[**JSC RUSNANO** Growth equity **2** rounds together](https://millionrounds.com/fund/jsc-rusnano)[**L-Bank** Government **2** rounds together](https://millionrounds.com/fund/l-bank)

## Recently backed

The latest companies Grazia Equity put money into.

[**Affinity Africa** $8.0M · Feb 2025](https://millionrounds.com/company/affinity-africa)[**Carisma** $53M · Jun 2018](https://millionrounds.com/company/carisma)

## Quick answers about Grazia Equity

### What does Grazia Equity invest in?

Grazia Equity invests most often at Series B and Growth (54% of the rounds on record), in sectors such as Fintech, Paytech and Lending.

### How active is Grazia Equity?

27 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Mar 2025.

### What has Grazia Equity invested in recently?

Its most recent investments on record: Vytal (Growth, Mar 2025), Affinity Africa (Seed, Feb 2025) and Carisma (Series A, Jun 2018).

### How big are Grazia Equity's cheques?

The median round it joins is $16M.

### Does Grazia Equity lead rounds?

Sometimes: it led 1 of its 27 investments on record (4%).

### Where does Grazia Equity invest?

Most of the companies it backs are in the United States (48%), Germany (33%) and the United Kingdom (7%).

### Is Grazia Equity investing now?

No investments in the last 12 months; the latest was in Mar 2025.

### Who does Grazia Equity invest alongside?

Most often Venrock (7 rounds together), Sequoia Capital (5 rounds together) and Sigma Partners (5 rounds together).

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

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=grazia-equity) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=grazia-equity)