# Who Invests With HTGF High-Tech Gründerfonds: 22 Co-Investors (2026)

> The 22 investors that have backed two or more of the same startups as HTGF High-Tech Gründerfonds, by kind: vc firms and government funds.

Source: https://millionrounds.com/portfolio-maps/high-tech-grunderfonds-htgf-co-investors (Millionrounds; every figure on the page links to its filing or article)

## VC firms

17

- [*HG* High-Tech Gruenderfonds](https://millionrounds.com/fund/high-tech-gruenderfonds)
- [High-Tech Gründerfonds](https://millionrounds.com/fund/high-tech-grunderfonds)
- [UVC Partners](https://millionrounds.com/fund/uvc-partners)
- [nrw.bank](https://millionrounds.com/fund/nrw-bank)
- [Verve Ventures](https://millionrounds.com/fund/verve-ventures)
- [Mountain Partners](https://millionrounds.com/fund/mountain-partners)
- [LBBW Venture Capital](https://millionrounds.com/fund/lbbw-venture-capital)
- [Techstars](https://millionrounds.com/fund/techstars)
- [Robin Capital](https://millionrounds.com/fund/robin-capital)
- [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures)
- [Endeit Capital](https://millionrounds.com/fund/endeit-capital)
- [Wellington Partners](https://millionrounds.com/fund/wellington-partners)
- [eCAPITAL entrepreneurial Partners AG](https://millionrounds.com/fund/ecapital-entrepreneurial-partners-ag)
- [Realyze Ventures](https://millionrounds.com/fund/realyze-ventures)
- [Schroder Adveq](https://millionrounds.com/fund/schroder-adveq)
- [Alstin Capital](https://millionrounds.com/fund/alstin-capital)
- [EQT Life Sciences](https://millionrounds.com/fund/eqt-life-sciences)

## Government funds

5

- [Bayern Kapital](https://millionrounds.com/fund/bayern-kapital)
- [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator)
- [IBB Ventures](https://millionrounds.com/fund/ibb-ventures)
- [Bpifrance](https://millionrounds.com/fund/bpifrance)
- [Brandenburg Kapital GmbH](https://millionrounds.com/fund/brandenburg-kapital-gmbh)

## Segment by segment

### VC firms

17 investors

- [*HG* **High-Tech Gruenderfonds**](https://millionrounds.com/fund/high-tech-gruenderfonds) VC firm - 15 backed
- [**High-Tech Gründerfonds**](https://millionrounds.com/fund/high-tech-grunderfonds) VC firm Germany 11 backed
- [**UVC Partners**](https://millionrounds.com/fund/uvc-partners) VC firm Germany 3 backed
- [**nrw.bank**](https://millionrounds.com/fund/nrw-bank) VC firm Germany 3 backed
- [**Verve Ventures**](https://millionrounds.com/fund/verve-ventures) VC firm Switzerland 3 backed
- [**Mountain Partners**](https://millionrounds.com/fund/mountain-partners) VC firm Switzerland 3 backed
- [**LBBW Venture Capital**](https://millionrounds.com/fund/lbbw-venture-capital) VC firm Germany 3 backed
- [**Techstars**](https://millionrounds.com/fund/techstars) VC firm United States 2 backed

### Government funds

5 investors

- [**Bayern Kapital**](https://millionrounds.com/fund/bayern-kapital) Government fund Germany 8 backed
- [**EIC Accelerator**](https://millionrounds.com/fund/eic-accelerator) Government fund European Union 4 backed
- [**IBB Ventures**](https://millionrounds.com/fund/ibb-ventures) Government fund Germany 2 backed
- [**Bpifrance**](https://millionrounds.com/fund/bpifrance) Government fund France 2 backed
- [**Brandenburg Kapital GmbH**](https://millionrounds.com/fund/brandenburg-kapital-gmbh) Government fund Germany 2 backed

**How this map is made.** Every investor here has backed two or more of the same startups as HTGF High-Tech Gründerfonds, in rounds we track. Grouped by kind, each ranked by how many startups it shares with HTGF High-Tech Gründerfonds. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Portfolio map **HTGF High-Tech Gründerfonds portfolio map** 51 startups · $1.5B](https://millionrounds.com/portfolio-maps/high-tech-grunderfonds-htgf-portfolio-map)[Sector portfolio **HTGF High-Tech Gründerfonds' Biotech portfolio** 27 startups · $627M](https://millionrounds.com/portfolio-maps/high-tech-grunderfonds-htgf-biotech-portfolio)[Co-investors **Who invests with Global Founders Capital** 197 co-investors](https://millionrounds.com/portfolio-maps/global-founders-capital-co-investors)[Co-investors **Who invests with HV Capital** 85 co-investors](https://millionrounds.com/portfolio-maps/hv-capital-co-investors)[Co-investors **Who invests with Cherry Ventures** 77 co-investors](https://millionrounds.com/portfolio-maps/cherry-ventures-co-investors)[Co-investors **Who invests with Earlybird Venture Capital** 74 co-investors](https://millionrounds.com/portfolio-maps/earlybird-co-investors)

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