# Vsquared Ventures Portfolio Map 2026: 28 Startups by Sector

> Vsquared Ventures's portfolio mapped: 28 startups it has backed, in 6 sectors from AI, Aerospace & Space and Big Data & Analytics on.

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

## AI

11

- [Neura Robotics](https://millionrounds.com/company/neura-robotics)
- [Black Semiconductor](https://millionrounds.com/company/black-semiconductor)
- [*F* FMC](https://millionrounds.com/company/fmc)
- [Micropsi Industries](https://millionrounds.com/company/micropsi-industries)
- [*SC* Snowcap Compute](https://millionrounds.com/company/snowcap-compute)
- [Ground A](https://millionrounds.com/company/ground-a)
- [PULSETRAIN](https://millionrounds.com/company/pulsetrain)
- [MegaCool Technologies](https://millionrounds.com/company/megacool-technologies)
- [Synthara](https://millionrounds.com/company/synthara)
- [Safe Intelligence](https://millionrounds.com/company/safe-intelligence)
- [INBRAIN Neuroelectronics](https://millionrounds.com/company/inbrain-neuroelectronics)

## Aerospace & Space

5

- [The Exploration Company](https://millionrounds.com/company/the-exploration-company)
- [Isar Aerospace](https://millionrounds.com/company/isar-aerospace)
- [Customcells Group](https://millionrounds.com/company/customcells-group)
- [VÆRIDION](https://millionrounds.com/company/v-ridion)
- [Morpheus Space](https://millionrounds.com/company/morpheus-space)

## Big Data & Analytics

3

- [Arlequin AI](https://millionrounds.com/company/arlequin-ai)
- [One Data](https://millionrounds.com/company/one-data)
- [Belfort](https://millionrounds.com/company/belfort)

## Energy

3

- [Cylib](https://millionrounds.com/company/cylib)
- [Dynelectro](https://millionrounds.com/company/dynelectro)
- [Hyperscale Power](https://millionrounds.com/company/hyperscale-power)

## Healthtech

3

- [Bios Life](https://millionrounds.com/company/bios-life)
- [Hedera Dx](https://millionrounds.com/company/hedera-dx)
- [StandardX](https://millionrounds.com/company/standardx)

## Advanced Manufacturing

3

- [SimScale](https://millionrounds.com/company/simscale)
- [OQmented](https://millionrounds.com/company/oqmented)
- [Hyperganic](https://millionrounds.com/company/hyperganic)

## Segment by segment

### AI

11 startups · $4.3B raised

- [**Neura Robotics**](https://millionrounds.com/company/neura-robotics) NEURA Robotics is a German high-tech robotics company founded in 2019 and based in Metzingen, near Stuttgart. Germany $3.9B
- [**Black Semiconductor**](https://millionrounds.com/company/black-semiconductor) Black Semiconductor is a German startup based in Aachen, specializing in semiconductor technology. Germany $247M
- [*F* **FMC**](https://millionrounds.com/company/fmc) Germany $116M
- [**Micropsi Industries**](https://millionrounds.com/company/micropsi-industries) Micropsi Industries is a robotics software company based in the U.S., with headquarters in San Francisco and research and developm Germany $30M
- [*SC* **Snowcap Compute**](https://millionrounds.com/company/snowcap-compute) United States $23M
- [**Ground A**](https://millionrounds.com/company/ground-a) Ground A is a German defense technology startup that develops mobile, software- and laser-based counter-drone systems. Germany $11M
- [**PULSETRAIN**](https://millionrounds.com/company/pulsetrain) PULSETRAIN GmbH is a Munich-based deep-tech company focused on advancing electric powertrains for next-generation mobility. Germany $6.7M
- [**MegaCool Technologies**](https://millionrounds.com/company/megacool-technologies) Cooling AI efficiently with generative-designed, scalable hardware Belgium $5.9M

### Aerospace & Space

5 startups · $1.2B raised

- [**The Exploration Company**](https://millionrounds.com/company/the-exploration-company) The Exploration Company develops, manufactures and operates modular and reusable spaceships serving the needs of space stations. Germany $610M
- [**Isar Aerospace**](https://millionrounds.com/company/isar-aerospace) Isar Aerospace is a prominent German aerospace company and launch service provider based in Ottobrunn, near Munich. Germany $487M
- [**Customcells Group**](https://millionrounds.com/company/customcells-group) Innovative cells, High performance batteries, Lithium ion, cells, Automotive cells, Aviation cells, High Si cells, battery technol Germany $63M
- [**VÆRIDION**](https://millionrounds.com/company/v-ridion) VÆRIDION is an aircraft manufacturer based in Munich, founded in 2021. Germany $34M
- [**Morpheus Space**](https://millionrounds.com/company/morpheus-space) Morpheus Space is an innovative manufacturer of electric propulsion systems tailored for the New Space industry. United States $15M

### Big Data & Analytics

3 startups · $79M raised

- [**Arlequin AI**](https://millionrounds.com/company/arlequin-ai) Arlequin AI is a deep-tech startup based in Paris, founded in 2024. France $38M
- [**One Data**](https://millionrounds.com/company/one-data) One Data, based in Passau, Germany, is a software company founded in 2013 by Dr. Germany $35M
- [**Belfort**](https://millionrounds.com/company/belfort) Belfort, also known as Belfort Labs, is a Belgian technology startup founded in 2006 and a spin-off from KU Leuven's COSIC lab. United States $6.0M

### Energy

3 startups · $92M raised

- [**Cylib**](https://millionrounds.com/company/cylib) Cylib is a start-up for holistic battery recycling Germany $75M
- [**Dynelectro**](https://millionrounds.com/company/dynelectro) Dynelectro is a Danish deep-tech innovation firm and Original Equipment Manufacturer (OEM) focused on advanced solid oxide electro Denmark $12M
- [**Hyperscale Power**](https://millionrounds.com/company/hyperscale-power) Hyperscale Power is a Swiss deep-tech company based in Zürich, founded in 2025 by Dr. Switzerland $5.8M

### Healthtech

3 startups · $55M raised

- [**Bios Life**](https://millionrounds.com/company/bios-life) Bios Life develops AI-enabled cancer surveillance and personalized virtual care services. United States $25M
- [**Hedera Dx**](https://millionrounds.com/company/hedera-dx) Hedera Dx is a Swiss biotechnology company founded in 2021, focused on precision oncology through hospital-based liquid biopsy sol Switzerland $17M
- [**StandardX**](https://millionrounds.com/company/standardx) StandardX is a deep-tech company building the isotope refinery powered by a scalable, compact particle accelerator platform. United Kingdom $13M

### Advanced Manufacturing

3 startups · $57M raised

- [**SimScale**](https://millionrounds.com/company/simscale) SimScale is a Munich-based company that offers a cloud-native engineering simulation software platform. Germany $29M
- [**OQmented**](https://millionrounds.com/company/oqmented) OQmented is a German deep-tech company founded in 2018, specializing in ultra-compact, fully integrated MEMS-based laser beam scan Germany $20M
- [**Hyperganic**](https://millionrounds.com/company/hyperganic) Hyperganic is a global software startup based in Munich, Germany, specializing in Algorithmic Engineering for additive manufacturi Singapore $7.8M

**How this map is made.** Every startup here has raised money in a round we track that names Vsquared Ventures as an investor, the first in 2021. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

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

[VC firm · Germany **Global Founders Capital** 207 startups · 12 sectors · $7.3B](https://millionrounds.com/portfolio-maps/global-founders-capital-portfolio-map)[VC firm · Germany **Angel Invest** 121 startups · 12 sectors · $628M](https://millionrounds.com/portfolio-maps/angel-invest-portfolio-map)[VC firm · Germany **Cherry Ventures** 84 startups · 12 sectors · $4.0B](https://millionrounds.com/portfolio-maps/cherry-ventures-portfolio-map)[VC firm · Germany **Picus Capital** 81 startups · 12 sectors · $3.4B](https://millionrounds.com/portfolio-maps/picus-capital-portfolio-map)[VC firm · Germany **HV Capital** 80 startups · 12 sectors · $13B](https://millionrounds.com/portfolio-maps/hv-capital-portfolio-map)[VC firm · Germany **Earlybird Venture Capital** 79 startups · 12 sectors · $3.1B](https://millionrounds.com/portfolio-maps/earlybird-portfolio-map)

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