# Vsquared Ventures: portfolio, investments and team

> Vsquared Ventures is a vc firm based in Germany. 50 investments on record, 19 in the last 12 months, latest Sept 2026. Portfolio, stages, co-investors and team.

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

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

# Vsquared Ventures

Last cheque observed Sep 2026; 50 cheques on record.

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Deploying now New fund $2.1M, Jan 2023 VC firm

Pre-seed Seed Series A Computer Vision Lifesciences Smart Grids

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Deploying now

**90%** of best year **19** **cheques in 12 months**, 50 on record

Since the last cheque **53** days **00** hrs **00** min **00** sec

Median round **$19M** Cheque size, as they say **$200K – $5.0M** Rounds led **1 of 50** Sole investor **5 rounds** Mostly in **Germany, 38%**

Pitch Vsquared Ventures

## Vsquared Ventures highlights

- 01 19 cheques in the last 12 months
- 02 Mostly Seed and Series A: 57% of its rounds
- 03 Sole investor in 5 rounds, median $5.9M

## What they do

> The Vsquared Ventures II GmbH & Co. KG and Vsquared Ventures I GmbH & Co. KG is supported by InnovFin Equity, with the financial backing of the European Union under Horizon 2020 Financial Instruments and the European Fund for Strategic Investments From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $200K – $5.0M as they say
- **Stages:** Pre-seed Seed Series A
- **Sectors:** Computer Vision Lifesciences Smart Grids
- **Based in:** Munich, Germany
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **50 appearances**

- **2026** 15 rounds
- **Sept** **[The Exploration Company](https://millionrounds.com/company/the-exploration-company)** Series C · DE · Firms' own news pages **$450M** With 11 others
- **Sept** **[Arlequin AI](https://millionrounds.com/company/arlequin-ai)** Series A · FR **$33M** With 4 others
- **Sept** **[StandardX](https://millionrounds.com/company/standardx)** Seed · GB **$13M** With 1 other
- **Sept** **[Ground A](https://millionrounds.com/company/ground-a)** Pre-seed · DE **$11M** With 2 others
- **Aug** **[Bios Life](https://millionrounds.com/company/bios-life)** Seed · US **$25M** With 2 others
- **Jul** **[IQM Quantum Computers](https://millionrounds.com/company/iqm-quantum-computers)** FI **$146M** With 5 others
- **Jun** **[Isar Aerospace](https://millionrounds.com/company/isar-aerospace)** Series D · DE · Ventureburn **$312M** With 8 others
- **Jun** **[Vaeridion](https://millionrounds.com/company/vaeridion)** Venture · DE **Undisclosed** With 2 others
- **Mar** **[Hyperscale Power](https://millionrounds.com/company/hyperscale-power)** Seed · CH **$5.8M** Sole investor
- **Feb** **[MegaCool Technologies](https://millionrounds.com/company/megacool-technologies)** Seed · BE **$5.9M** Sole investor
- **Feb** **[Belfort](https://millionrounds.com/company/belfort)** Venture · US **Undisclosed** With 1 other
- **Feb** **[Morpheus Space](https://millionrounds.com/company/morpheus-space)** Series A · US **$15M** With 2 others
- **Feb** **[constellr](https://millionrounds.com/company/constellr)** Series A · DE **$44M** With 2 others
- **Jan** **[AlphaLum](https://millionrounds.com/company/alphalum)** Seed · CH **$4.2M** Sole investor
- **Jan** **[ABZ Innovation](https://millionrounds.com/company/abz-innovation)** Venture · HU **$8.2M** With 1 other
- **2025** 19 rounds
- **Dec** **[Cylib](https://millionrounds.com/company/cylib)** Grant · DE **$75M** With 4 others
- **Nov** **[Ferroelectric Memory Company (FMC)](https://millionrounds.com/company/ferroelectric-memory-company-fmc)** Growth · DE · DTCF DeepTech & Climate Fonds **$116M** With 6 others
- **Nov** **[FMC](https://millionrounds.com/company/fmc)** Series C · DE · Silicon Canals **$116M** With 7 others
- **Nov** **[Ferroelectric Memory Company](https://millionrounds.com/company/ferroelectric-memory-company)** Series C · DE **$89M** With 4 others
- **Sept** **[IQM](https://millionrounds.com/company/iqm)** Series B · FI · maki.vc **$320M** With 5 others
- **Sept** **[Belfort](https://millionrounds.com/company/belfort)** Seed · US **$6.0M** With 2 others
- **Aug** **[Group14 Technologies](https://millionrounds.com/company/group14-technologies)** Growth · US · Crunchbase News **$463M** With 6 others
- **Jun** **[Zama](https://millionrounds.com/company/zama)** Series B · FR · TechStartups **$57M** With 5 others
- **Jun** **[Snowcap Compute](https://millionrounds.com/company/snowcap-compute)** Seed · US · TechStartups **$23M** With 2 others
- **Jun** **[Isar Aerospace](https://millionrounds.com/company/isar-aerospace)** DE **$175M** With 4 others
- **Jun** **[Lendurai](https://millionrounds.com/company/lendurai)** Seed · EE **$6.4M** With 1 other
- **Jun** **[Arlequin AI](https://millionrounds.com/company/arlequin-ai)** Seed · FR **$5.0M** With 3 others
- **May** **[Hedera Dx](https://millionrounds.com/company/hedera-dx)** Series A · CH · Silicon Canals **$17M** *Led*
- **May** **[INBRAIN Neuroelectronics](https://millionrounds.com/company/inbrain-neuroelectronics)** Grant · ES **$4.5M** With 2 others
- **Mar** **[PULSETRAIN](https://millionrounds.com/company/pulsetrain)** Seed · DE **$6.7M** Sole investor
- **Feb** **[Safe Intelligence](https://millionrounds.com/company/safe-intelligence)** Seed · GB · Silicon Canals **$5.2M** With 2 others
- **Feb** **[Lightium](https://millionrounds.com/company/lightium)** Seed · CH **$164K** With 2 others
- **Feb** **[Atrandi Biosciences](https://millionrounds.com/company/atrandi-biosciences)** Series A · LT **$25M** With 2 others
- **Jan** **[NEURA Robotics](https://millionrounds.com/company/neura-robotics)** Series B · DE **$124M** With 1 other
- **2024** 10 rounds
- **Dec** **[Vaeridion](https://millionrounds.com/company/vaeridion)** Series A · DE **$15M** With 2 others
- **Nov** **[The Exploration Company](https://millionrounds.com/company/the-exploration-company)** Series B · FR · Crunchbase News **$160M** With 8 others
- **Nov** **[Xavveo](https://millionrounds.com/company/xavveo)** Seed · DE **$8.6M** Sole investor
- **Nov** **[Quantune](https://millionrounds.com/company/quantune)** Seed · DE **$9.0M** With 2 others
- **Aug** **[Kano Therapeutics](https://millionrounds.com/company/kano-therapeutics)** Seed · US **$5.0M** With 3 others
- **Jul** **[Dynelectro](https://millionrounds.com/company/dynelectro)** Venture · DK **$12M** With 3 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

Named by the firm itself, on a filing, its Form ADV or its company registration **3 named**

BV **Benedikt von Schoeler** Mr. von Schoeler is the General Partner of Vsquared Ventures Management GmbH, the Managing Limited Partner. i Filing they signed

HM **Herbert Mangesius** Mr. Mangesius is the General Partner of Vsquared Ventures Management GmbH, the Managing Limited Partner. i Filing they signed

TO **Thomas Oehl** Mr. Oehl is the General Partner of Vsquared Ventures Management GmbH, the Managing Limited Partner. i Filing they signed

We also hold **9** 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.

Who backs their funds

## 1 LP on record in Vsquared Ventures's funds

- **Funds:** 1

The institutions that put money into its funds, which the firm then invests in companies. Source: an LP list.

- [**Equation Capital** 1 fund](https://millionrounds.com/fund/equation-capital) Fund Vintage Committed VSquared Ventures - -

## What they claim to have backed

From their own portfolio page (on their website)

**21** of 37 we have independently watched raise

[BIOS Personalized, integrated](https://millionrounds.com/company/bios-life)[ConstellR THERMAL INFRARED](https://millionrounds.com/company/constellr)[CustomCells HIGH-PERFORMANCE BATTERY](https://millionrounds.com/company/customcells)[Ground A Ground-to-Air](https://millionrounds.com/company/ground-a)[Group 14 Technologies](https://millionrounds.com/company/group14-technologies)[Inbrain Neuroelectronics GRAPHENE-BASED](https://millionrounds.com/company/inbrain-neuroelectronics)[Isar Aerospace NEXT-GEN ROCKETS](https://millionrounds.com/company/isar-aerospace)[Kano Therapeutics NEXT](https://millionrounds.com/company/kano-therapeutics)[Lace Lithography BREAKTHROUGH](https://millionrounds.com/company/lace-lithography)[Lightium HIGH-PERFORMANCE TFLN](https://millionrounds.com/company/lightium)[Micropsi Industries ROBOTICS](https://millionrounds.com/company/micropsi-industries)[Neura Robotics COGNITIVE ROBOTS](https://millionrounds.com/company/neura-robotics)[OQmented MINIATURE LASER](https://millionrounds.com/company/oqmented)[One Data REVOLUTIONIZING](https://millionrounds.com/company/one-data)[Quantune Technologies QUANTUM](https://millionrounds.com/company/quantune)[Safe Intelligence NEXT-LEVEL](https://millionrounds.com/company/safe-intelligence)[Simscale ENGINEERING IN](https://millionrounds.com/company/simscale)[Snowcap Ultra-Efficient Superconducting](https://millionrounds.com/company/snowcap-compute)[The Exploration Company](https://millionrounds.com/company/the-exploration-company)[Vaeridion CLEAN AND](https://millionrounds.com/company/vaeridion)[Xavveo Revolutionizing Autonomous](https://millionrounds.com/company/xavveo) 4mica Cross-chain infrastructure Arlequin AI NEXT-GEN Atrandi Biosciences NEXT-GEN Belfort Hardware Acceleration Black Semiconductor GRAPHENE-BASED Cylib NEXT-GEN BATTERY RECYCLING Dynelectro SOLID-OXIDE GREEN HYDROGEN Hyperganic GENERATIVE DESIGN SOFTWARE IQM SUPERCONDUCTING QUANTUM COMPUTERS Morpheus Space ION Pulsetrain REDEFINING THE POWERTRAIN QC Design QUANTUM Ramblr Multi-sensory Data Sidos POWERFUL HARD Synthara UNLEASHING IN-MEMORY COMPUTING Zama FULLY HOMOMORPHIC ENCRYPTION

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

**$2.1M**

raised in Jan 2023

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

## The cheque

Pre-seed Seed Series A

Median round joined **$19M** the round, not its cheque Alone, median **$5.9M**

Led 1 of 50 rounds **2%**

- **Said size:** $200K – $5.0M
- **Sole investor:** 5 rounds
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Seed said *17*
- Series A said *8*
- Series B *6*
- Venture *5*
- Series C *4*
- Grant *4*
- Pre-seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [HV Capital](https://millionrounds.com/fund/hv-capital) 8
- [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) 6
- [Bosch Ventures](https://millionrounds.com/fund/bosch-ventures) 4
- [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) 4
- [Lakestar](https://millionrounds.com/fund/lakestar) 4
- [Project A Ventures](https://millionrounds.com/fund/project-a) 4

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

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## Who they invest alongside

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

[**HV Capital** VC firm **8** rounds together](https://millionrounds.com/fund/hv-capital)[**EIC Accelerator** Government **6** rounds together](https://millionrounds.com/fund/eic-accelerator)[**Bosch Ventures** Corporate VC **4** rounds together](https://millionrounds.com/fund/bosch-ventures)[**European Investment Bank** Government **4** rounds together](https://millionrounds.com/fund/european-investment-bank)[**Lakestar** VC firm **4** rounds together](https://millionrounds.com/fund/lakestar)[**Project A Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/project-a)[**10x Founders** VC firm **3** rounds together](https://millionrounds.com/fund/10x-founders)[**Bpifrance** Government **3** rounds together](https://millionrounds.com/fund/bpifrance)[**Leblon Capital** VC firm **3** rounds together](https://millionrounds.com/fund/leblon-capital)[**OTB Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/otb-ventures)[**Verve Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/verve-ventures)[**Air Liquide Venture Capital** VC firm **2** rounds together](https://millionrounds.com/fund/air-liquide-venture-capital)

## Recently backed

The latest companies Vsquared Ventures put money into.

[**The Exploration Company** $450M · Sept 2026](https://millionrounds.com/company/the-exploration-company)[**Arlequin AI** $33M · Sept 2026](https://millionrounds.com/company/arlequin-ai)[**StandardX** $13M · Sept 2026](https://millionrounds.com/company/standardx)[**Ground A** $11M · Sept 2026](https://millionrounds.com/company/ground-a)[**Bios Life** $25M · Aug 2026](https://millionrounds.com/company/bios-life)[**Isar Aerospace** $312M · Jun 2026](https://millionrounds.com/company/isar-aerospace)

## On podcasts

1 episode naming Vsquared Ventures in the title, and 1 more that mention it.

- [EU-Startups Podcast](https://millionrounds.com/podcasts/eu-startups) 8 Aug 2024 · 31 min Episode 80: Benedikt von Schoeler - General Partner of Vsquared Ventures - Going All In On European Deep Tech Mentions [Vsquared Ventures](https://millionrounds.com/fund/vsquared-ventures) Apple PodcastsShow page

### Mentioned in

- [Tech.eu](https://millionrounds.com/podcasts/tech-eu) 9 Dec 2022 · 23 min 🎙️ The Drive at Five with Dan Taylor and Robin Wauters - Episode 18 Apple PodcastsShow page

## Quick answers about Vsquared Ventures

### What does Vsquared Ventures invest in?

Vsquared Ventures invests most often at Seed and Series A (57% of the rounds on record), in sectors such as Computer Vision, Lifesciences and Smart Grids.

### How active is Vsquared Ventures?

50 investments on record, 19 of them in the last 12 months, and it led 1. The most recent was in Sept 2026.

### What has Vsquared Ventures invested in recently?

Its most recent investments on record: The Exploration Company (Series C, Sept 2026), Arlequin AI (Series A, Sept 2026) and StandardX (Seed, Sept 2026).

### How big are Vsquared Ventures's cheques?

The median round it joins is $19M. It says it writes cheques of $200K to $5.0M.

### Does Vsquared Ventures lead rounds?

Sometimes: it led 1 of its 50 investments on record (2%).

### Where does Vsquared Ventures invest?

Most of the companies it backs are in Germany (38%), the United States (18%) and France (10%).

### Is Vsquared Ventures investing now?

Yes: it is actively investing, with 19 investments in the last 12 months.

### Who does Vsquared Ventures invest alongside?

Most often HV Capital (8 rounds together), EIC Accelerator (6 rounds together) and Bosch Ventures (4 rounds together).

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