# Healthtech investors in Germany (2026 list)

> 18 healthtech investors in Germany, 89% active in the last 12 months. Led by Storm Ventures, M Ventures, IBB Ventures. Ranked by what they funded.

Source: https://millionrounds.com/lists/healthtech-investors-in-germany (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Healthtech investors in Germany

Updated 7 November 2026

Firms observed backing a Healthtech company in Germany in the last two years, wherever the firm is based.

[See all 18 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fhealthtech-investors-in-germany)The top 18

**18** investors on the list *+3* this week

**115** cheques in 12 months *+10%* against the market

**$11M** median round they joined *+35%* against the market median

**89%** wrote a cheque in 12 months

**39%** have led a round

## The Top 18

Ordered by cheques observed, never by anything anyone paid for

Deploying now (16)

- 1 [Storm Ventures](https://millionrounds.com/fund/storm-ventures) *Deploying now* VC firm · United States **262** **$7M** median round **Sept 2026** last seen
- 2 [M Ventures](https://millionrounds.com/fund/m-ventures) *Deploying now* Corporate VC · Switzerland **143** **$15M** median round **Sept 2026** last seen
- 3 [IBB Ventures](https://millionrounds.com/fund/ibb-ventures) *Deploying now* Government · Germany **97** **$3.4M** median round **Nov 2026** last seen
- 4 [Capricorn Partners](https://millionrounds.com/fund/capricorn-partners) *Deploying now* VC firm · Belgium **84** **$8.3M** median round **Oct 2026** last seen
- 5 [Revent](https://millionrounds.com/fund/revent-2) *Deploying now* VC firm · Germany **62** **$5.7M** median round **Sept 2026** last seen
- 6 [GoHub Ventures](https://millionrounds.com/fund/gohub-ventures) *Deploying now* VC firm · Spain **36** **$3.1M** median round **Oct 2026** last seen
- 7 [LBBW Venture Capital](https://millionrounds.com/fund/lbbw-venture-capital) *Deploying now* VC firm · Germany **18** **$13M** median round **Feb 2026** last seen
- 8 [ECONA AG](https://millionrounds.com/fund/econa) *Deploying now* Private equity · Germany **6** **$4.2M** median round **Nov 2026** last seen
- 9 [Calm/Storm](https://millionrounds.com/fund/calm-storm) *Deploying now* VC firm · Austria **5** **$9.1M** median round **Sept 2026** last seen
- 10 [Bonventure](https://millionrounds.com/fund/bonventure) *Deploying now* VC firm · Germany **4** **$16M** median round **Jun 2026** last seen
- 11 [Aurum Impact](https://millionrounds.com/fund/aurum-impact) *Deploying now* Family office · Germany **3** **$17M** median round **Oct 2026** last seen
- 12 [caesar.vc](https://millionrounds.com/fund/caesar-vc) *Deploying now* VC firm **2** **$6.6M** median round **Nov 2026** last seen
- 13 [Apheon](https://millionrounds.com/fund/apheon) quiet Private equity · Belgium **1** **$232M** median round **Sept 2025** last seen
- 14 [IBB Capital](https://millionrounds.com/fund/ibb-capital) *Deploying now* Growth equity **1** **-** median round **Jun 2026** last seen
- 15 [SwissHealth Ventures](https://millionrounds.com/fund/swisshealth-ventures) *Deploying now* VC firm · Switzerland **1** **$13M** median round **Feb 2026** last seen
- 16 [Unigestion](https://millionrounds.com/fund/unigestion) quiet Wealth manager · Switzerland **1** **$232M** median round **Sept 2025** last seen
- 17 [BMH](https://millionrounds.com/fund/bmh) *Deploying now* VC firm **1** **$13M** median round **Feb 2026** last seen
- 18 [Patrick Palacin](https://millionrounds.com/fund/patrick-palacin) *Deploying now* Growth equity **1** **-** median round **Jun 2026** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **4** Nov **[Amara](https://millionrounds.com/company/amara)** Pre-seed · $4.2M *With* [IBB Ventures](https://millionrounds.com/fund/ibb-ventures)
- **28** Oct **[DMC Biotechnologies](https://millionrounds.com/company/dmc-biotechnologies)** $18M *With* [Capricorn Partners](https://millionrounds.com/fund/capricorn-partners)
- **21** Oct **[YGO](https://millionrounds.com/company/ygo)** Series A · $9M *With* [caesar.vc](https://millionrounds.com/fund/caesar-vc)
- **19** Oct **[Linkener](https://millionrounds.com/company/linkener)** $8.4M *With* [GoHub Ventures](https://millionrounds.com/fund/gohub-ventures)
- **13** Oct **[Epyr](https://millionrounds.com/company/epyr)** Series A · $17M *With* [Aurum Impact](https://millionrounds.com/fund/aurum-impact)
- **30** Sept **[OuterSignal](https://millionrounds.com/company/outersignal)** Series A · $22M *With* [M Ventures](https://millionrounds.com/fund/m-ventures)

## Stages This Year

98 rounds

- Series A **24%**
- Seed **22%**
- Pre-seed **12%**
- Series B **11%**
- Venture **8%**
- Other **21%**

## What They Backed

Sectors, last 12 months

- AI **43**
- Healthcare **12**
- Healthtech **10**
- Biotech **9**
- Energy **8**
- Manufacturing **7**

## Cheques by Quarter

Led Joined

26 Q1 25

34 Q2 25

23 Q3 25

30 Q4 25

39 Q1 26

27 Q2 26

32 Q3 26

7 Q4 26

The last bar is the quarter still running.

## Lists Like This

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- [Big Data & Analytics investors in United States 1,039](https://millionrounds.com/lists/big-data-investors-in-united-states)
- [Biotech investors in United States 914](https://millionrounds.com/lists/biotech-investors-in-united-states)
- [Energy investors in United States 798](https://millionrounds.com/lists/energy-investors-in-united-states)
- [Robotics investors in United States 797](https://millionrounds.com/lists/robotics-investors-in-united-states)
- [Construction investors in United States 742](https://millionrounds.com/lists/construction-investors-in-united-states)
- [Cybersecurity investors in United States 702](https://millionrounds.com/lists/cybersecurity-investors-in-united-states)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in health and biotech

- The Innovator's Prescription: A Disruptive Solution for Health Care Clayton M. Christensen · 2008 4.21 from 1,158 ratings on Goodreads Health and biotech Innovation Moats and competition About the book A groundbreaking prescription for health care reform--from a legendary leader in innovation... Our health care system is in critical condition. Each year, fewer Americans can afford it, fewer businesses can provide it, and fewer government programs can promise it for future… On AmazonListen on Audible
- Where Does It Hurt?: An Entrepreneur's Guide to Fixing Health Care Jonathan Bush · 2014 3.78 from 598 ratings on Goodreads Health and biotech Company building Innovation About the book A bold new remedy for the sprawling and wasteful health care industry Where else but the doctor’s office do you have to fill out a form on a clipboard? Have you noticed that hospital bills are almost unintelligible, except for the absurdly high dollar amount? Why is it that… On AmazonListen on Audible
- Ashes to Ashes: America's Hundred-Year Cigarette War, the Public Health, and the Unabashed Triumph of Philip Morris Richard Kluger · 1997 3.94 from 306 ratings on Goodreads Health and biotech Company building About the book Ashes to Ashes is a monumental history of the American tobacco industry’s ironic success in developing the cigarette, modern society’s most widespread instrument of self-destruction, into the nation’s most profitable consumer product. Starting with its energized, work-obsessed… On AmazonListen on Audible
- The Kelloggs: The Battling Brothers of Battle Creek Howard Markel · 2017 3.87 from 969 ratings on Goodreads Health and biotech Company building About the book "What's more American than Corn Flakes?" --Bing Crosby From the much admired medical historian ("Markel shows just how compelling the medical history can be"--Andrea Barrett) and author of An Anatomy of Addiction ("Absorbing, vivid"--Sherwin Nuland, The New York Times Book… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&industry=health).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about healthtech investors in Germany

### Who are the most active healthtech investors in Germany?

By cheques observed, the most active are Storm Ventures, M Ventures, IBB Ventures, Capricorn Partners and Revent.

### How many healthtech investors in Germany are there?

18 are on record. 89% made an investment in the last 12 months and 39% have led a round.

### Which stages do healthtech investors in Germany back?

Of the rounds with a named stage in the last 12 months, mostly Series A (30%) and Seed (27%).

### How big are the rounds healthtech investors in Germany join?

The typical (median) round among the leading investors here is $13M.

### Which sectors do healthtech investors in Germany back most?

In the last 12 months, mostly AI, Healthcare and Healthtech.

### Which healthtech investors in Germany lead the most rounds?

Capricorn Partners (19 led), Storm Ventures (4 led) and LBBW Venture Capital (1 led).

### Where are healthtech investors in Germany based?

Among the most active, most are based in Germany (6), Switzerland (3) and Belgium (2).

### What have healthtech investors in Germany invested in recently?

Recent rounds include Amara (Pre-seed, Nov 2026, with IBB Ventures), DMC Biotechnologies (Oct 2026, with Capricorn Partners) and YGO (Series A, Oct 2026, with caesar.vc).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
