# Mental Health investors in Europe (2026 list)

> 28 mental Health investors in Europe, 96% active in the last 12 months. Led by General Catalyst, Bpifrance, Khosla Ventures. Ranked by what they funded.

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

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

# Mental Health investors in Europe

Updated 7 November 2026

Firms observed backing a mental Health company in Europe in the last two years, wherever the firm is based.

[See all 28 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fmental-health-investors-in-europe)The top 25

**28** investors on the list No change this week

**941** cheques in 12 months *-8%* against the market

**$14M** median round they joined *+69%* against the market median

**96%** wrote a cheque in 12 months

**61%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen
- 2 [Bpifrance](https://millionrounds.com/fund/bpifrance) *Deploying now* Government · France **1,151** **$4.5M** median round **Oct 2026** last seen
- 3 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) *Deploying now* VC firm · United States **1,128** **$26M** median round **Nov 2026** last seen
- 4 [Founders Fund](https://millionrounds.com/fund/founders-fund) *Deploying now* VC firm · United States **1,122** **$15M** median round **Oct 2026** last seen
- 5 [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) *Deploying now* VC firm · United States **292** **$75M** median round **Oct 2026** last seen
- 6 [LocalGlobe](https://millionrounds.com/fund/localglobe) *Deploying now* VC firm · United Kingdom **269** **$12M** median round **Oct 2026** last seen
- 7 [Comcast Ventures](https://millionrounds.com/fund/comcast-ventures) *Deploying now* Corporate VC · United States **199** **$25M** median round **Oct 2026** last seen
- 8 [Bond](https://millionrounds.com/fund/bond) *Deploying now* Growth equity · United States **154** **$47M** median round **Sept 2026** last seen
- 9 [AGORANOV](https://millionrounds.com/fund/agoranov) *Deploying now* Accelerator · France **138** **$3M** median round **Jul 2026** last seen
- 10 [Rockstart](https://millionrounds.com/fund/rockstart) *Deploying now* Accelerator · Netherlands **131** **$1.2M** median round **Sept 2026** last seen
- 11 [Ada Ventures](https://millionrounds.com/fund/ada-ventures) *Deploying now* VC firm · United Kingdom **94** **$3.2M** median round **Oct 2026** last seen
- 12 [Export and Investment Fund](https://millionrounds.com/fund/export-and-investment-fund) *Deploying now* VC firm **94** **$3.2M** median round **Sept 2026** last seen
- 13 [Innovestor](https://millionrounds.com/fund/innovestor) *Deploying now* Angel network · Finland **58** **$2.5M** median round **Oct 2026** last seen
- 14 [Shilling VC](https://millionrounds.com/fund/shilling) *Deploying now* VC firm · Portugal **56** **$4.4M** median round **Sept 2026** last seen
- 15 [Indico Capital Partners](https://millionrounds.com/fund/indico-capital-partners) *Deploying now* Accelerator · Portugal **51** **$5.1M** median round **Nov 2026** last seen
- 16 [Graduate Ventures](https://millionrounds.com/fund/graduate-ventures) *Deploying now* VC firm · Netherlands **46** **$1.4M** median round **Oct 2026** last seen
- 17 [LINCE CAPITAL](https://millionrounds.com/fund/lince-capital) *Deploying now* VC firm · Portugal **34** **$4.7M** median round **Oct 2026** last seen
- 18 [Armilar Venture Partners](https://millionrounds.com/fund/armilar) *Deploying now* VC firm · Portugal **31** **$3.9M** median round **Sept 2026** last seen
- 19 [Tesi](https://millionrounds.com/fund/tesi) *Deploying now* Government · Finland **29** **$17M** median round **Sept 2026** last seen
- 20 [IRDI SORIDEC Gestion](https://millionrounds.com/fund/irdi-soridec-gestion) *Deploying now* Private equity · France **25** **$4.4M** median round **May 2026** last seen
- 21 [Hadean Ventures](https://millionrounds.com/fund/hadean-ventures) *Deploying now* Private equity · Norway **11** **$26M** median round **Sept 2026** last seen
- 22 [Critical Path Ventures](https://millionrounds.com/fund/critical-path-ventures) *Deploying now* VC firm · France **5** **$16M** median round **Sept 2026** last seen
- 23 [Nordic Science Investments](https://millionrounds.com/fund/nordic-science-investments) *Deploying now* VC firm · Finland **5** **$7.9M** median round **Oct 2026** last seen
- 24 [Stephen Industries](https://millionrounds.com/fund/stephen-industries) *Deploying now* Family office · Finland **2** **$31M** median round **Sept 2026** last seen
- 25 [Helsinki University Funds](https://millionrounds.com/fund/helsinki-university-funds) *Deploying now* VC firm **2** **$34M** median round **Sept 2026** last seen

**3 more on this list**

All 28 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fmental-health-investors-in-europe)

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[Bizay](https://millionrounds.com/company/bizay)** Series D+ *Led by* [Indico Capital Partners](https://millionrounds.com/fund/indico-capital-partners)
- **4** Nov **[Nooks](https://millionrounds.com/company/nooks)** Growth · $500M *Led by* [General Catalyst](https://millionrounds.com/fund/general-catalyst)
- **3** Nov **[Traversal](https://millionrounds.com/company/traversal)** Series B · $120M *Led by* [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures)
- **2** Nov **[Hypersonica](https://millionrounds.com/company/hypersonica)** Series B · $112M *Led by* [General Catalyst](https://millionrounds.com/fund/general-catalyst)
- **2** Nov **[Lumaril](https://millionrounds.com/company/lumaril)** Series A · $66M *With* [General Catalyst](https://millionrounds.com/fund/general-catalyst)
- **31** Oct **[OpenAI](https://millionrounds.com/company/openai)** Other · $20B *With* [Founders Fund](https://millionrounds.com/fund/founders-fund)

## Stages This Year

865 rounds

- Seed **20%**
- Series A **18%**
- Venture **14%**
- Series B **11%**
- Growth **6%**
- Other **31%**

## What They Backed

Sectors, last 12 months

- AI **365**
- Biotech **82**
- Healthcare **60**
- Fintech **52**
- Big Data & Analytics **38**
- Aerospace & Space **33**

## Cheques by Quarter

Led Joined

235 Q1 25

290 Q2 25

286 Q3 25

315 Q4 25

268 Q1 26

263 Q2 26

224 Q3 26

65 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors in North America 3,859](https://millionrounds.com/lists/ai-investors-in-north-america)
- [AI investors in Europe 2,283](https://millionrounds.com/lists/ai-investors-in-europe)
- [Fintech investors in North America 1,309](https://millionrounds.com/lists/fintech-investors-in-north-america)
- [Big Data & Analytics investors in North America 1,094](https://millionrounds.com/lists/big-data-investors-in-north-america)
- [AI investors in Asia 1,047](https://millionrounds.com/lists/ai-investors-in-asia)
- [Biotech investors in North America 1,001](https://millionrounds.com/lists/biotech-investors-in-north-america)
- [Energy investors in North America 864](https://millionrounds.com/lists/energy-investors-in-north-america)
- [Robotics investors in North America 848](https://millionrounds.com/lists/robotics-investors-in-north-america)
- [Construction investors in North America 791](https://millionrounds.com/lists/construction-investors-in-north-america)

[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 mental Health investors in Europe

### Who are the most active mental Health investors in Europe?

By cheques observed, the most active are General Catalyst, Bpifrance, Khosla Ventures, Founders Fund and Sapphire Ventures.

### How many mental Health investors in Europe are there?

28 are on record. 96% made an investment in the last 12 months and 61% have led a round.

### Which stages do mental Health investors in Europe back?

Of the rounds with a named stage in the last 12 months, mostly Seed (26%) and Series A (24%).

### How big are the rounds mental Health investors in Europe join?

The typical (median) round among the leading investors here is $7.9M.

### Which sectors do mental Health investors in Europe back most?

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

### Which mental Health investors in Europe lead the most rounds?

General Catalyst (97 led), Khosla Ventures (57 led) and Founders Fund (42 led).

### Where are mental Health investors in Europe based?

Among the most active, most are based in the United States (6), France (4) and Finland (4).

### What have mental Health investors in Europe invested in recently?

Recent rounds include Bizay (Series D+, Nov 2026, with Indico Capital Partners), Nooks (Growth, Nov 2026, with General Catalyst) and Traversal (Series B, Nov 2026, with Khosla Ventures).

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