# Who Invests With Vsquared Ventures: 19 Co-Investors (2026)

> The 19 investors that have backed two or more of the same startups as Vsquared Ventures, by kind: vc firms and government funds. Most often HV Capital.

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

## VC firms

14

- [HV Capital](https://millionrounds.com/fund/hv-capital)
- [Leblon Capital](https://millionrounds.com/fund/leblon-capital)
- [OTB Ventures](https://millionrounds.com/fund/otb-ventures)
- [Lakestar](https://millionrounds.com/fund/lakestar)
- [Project A Ventures](https://millionrounds.com/fund/project-a)
- [Molten Ventures](https://millionrounds.com/fund/molten-ventures)
- [Atomico](https://millionrounds.com/fund/atomico)
- [Metaplanet](https://millionrounds.com/fund/metaplanet)
- [10x Founders](https://millionrounds.com/fund/10x-founders)
- [Verve Ventures](https://millionrounds.com/fund/verve-ventures)
- [Eleven Ventures](https://millionrounds.com/fund/eleven-ventures-3)
- [Ten Eleven Ventures](https://millionrounds.com/fund/ten-eleven-ventures)
- [Earlybird Venture Capital](https://millionrounds.com/fund/earlybird)
- [Converge VC](https://millionrounds.com/fund/converge-vc)

## Government funds

5

- [European Investment Bank](https://millionrounds.com/fund/european-investment-bank)
- [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator)
- [Bpifrance](https://millionrounds.com/fund/bpifrance)
- [Bayern Kapital](https://millionrounds.com/fund/bayern-kapital)
- [Tesi](https://millionrounds.com/fund/tesi)

## Segment by segment

### VC firms

14 investors

- [**HV Capital**](https://millionrounds.com/fund/hv-capital) VC firm Germany 6 backed
- [**Leblon Capital**](https://millionrounds.com/fund/leblon-capital) VC firm Germany 3 backed
- [**OTB Ventures**](https://millionrounds.com/fund/otb-ventures) VC firm Netherlands 3 backed
- [**Lakestar**](https://millionrounds.com/fund/lakestar) VC firm Switzerland 3 backed
- [**Project A Ventures**](https://millionrounds.com/fund/project-a) VC firm Germany 3 backed
- [**Molten Ventures**](https://millionrounds.com/fund/molten-ventures) VC firm United Kingdom 2 backed
- [**Atomico**](https://millionrounds.com/fund/atomico) VC firm United Kingdom 2 backed
- [**Metaplanet**](https://millionrounds.com/fund/metaplanet) VC firm Estonia 2 backed

### Government funds

5 investors

- [**European Investment Bank**](https://millionrounds.com/fund/european-investment-bank) Government fund Luxembourg 5 backed
- [**EIC Accelerator**](https://millionrounds.com/fund/eic-accelerator) Government fund European Union 5 backed
- [**Bpifrance**](https://millionrounds.com/fund/bpifrance) Government fund France 2 backed
- [**Bayern Kapital**](https://millionrounds.com/fund/bayern-kapital) Government fund Germany 2 backed
- [**Tesi**](https://millionrounds.com/fund/tesi) Government fund Finland 2 backed

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

## More portfolio maps

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

[Portfolio map **Vsquared Ventures portfolio map** 28 startups · $5.8B](https://millionrounds.com/portfolio-maps/vsquared-ventures-portfolio-map)[Sector portfolio **Vsquared Ventures' AI portfolio** 10 startups · $4.3B](https://millionrounds.com/portfolio-maps/vsquared-ventures-ai-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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