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Vanagon Ventures is a venture capital firm based in Munich, Germany, founded to support early-stage companies in the DeepTech and AI-Native sectors. Established in 2026, the firm closed its first fund, totaling €20 million, to address the pre-seed funding gap in Europe, particularly within the DACH region, which includes Germany, Austria, and Switzerland. The firm is committed to enhancing European sovereignty and sustainability through its investments.
Currently, Vanagon Ventures manages a portfolio targeting approximately 30 companies, focusing on innovations that contribute to a sustainable future. The firm emphasizes partnerships with mission-aligned co-investors to amplify its impact in the DeepTech space. Its strategic approach aims to fill the funding void for early-stage startups that are developing technologies critical to European industrial and digital infrastructure.
Vanagon Ventures specializes in pre-seed and seed investments, primarily targeting the DeepTech sector. The firm invests up to €500,000 in initial funding rounds, focusing on areas such as advanced manufacturing, future materials, geospatial intelligence, artificial intelligence, and next-generation computing. This investment strategy is designed to support startups that are innovating in fields that enhance sustainability and European sovereignty.
The firm seeks to partner with founders who are building solutions that address the €3 trillion DeepTech opportunity in Europe. Vanagon Ventures is particularly interested in technologies that advance industrial infrastructure, nature and natural capital tech, and digital infrastructure. Their investment thesis emphasizes the importance of sovereign-edge technology, which aligns with their goal of fostering innovation that contributes to a sustainable future.
Vanagon Ventures has a focused portfolio that includes three notable companies:
Moritz Reiners: Co-founder of Vanagon Ventures, Moritz has a background in venture capital and technology-driven transformation. He has led multiple investments in the DeepTech sector and holds expertise in scaling innovative startups.
Bosse Rothe Frossard: Co-founder with extensive experience in venture investing, Bosse focuses on identifying and supporting early-stage companies in the AI and DeepTech fields.
Josua Vieten: A key member of the founding team, Josua brings a strong background in technology and entrepreneurship, contributing to the firm's strategic direction and investment decisions.
Barbara Bachus: Co-founder with a focus on operational support for portfolio companies, Barbara has a track record of helping startups navigate growth challenges in the DeepTech space.
Axel Roitzsch: General Partner with significant experience in venture capital, Axel specializes in technology-driven investments and has a strong network in the European startup ecosystem.
Sandro Stark: General Partner who focuses on identifying high-potential startups in the DeepTech sector, Sandro has a background in engineering and entrepreneurship.
Susanne Fromm: General Partner with expertise in venture investing and a focus on sustainability, Susanne plays a crucial role in shaping the firm's investment strategy.
To pitch Vanagon Ventures, founders should visit their website at vanagon.vc. The firm prefers pitches that include a comprehensive overview of the business model, market opportunity, and alignment with their investment thesis. A well-structured deck that clearly outlines the startup's vision and potential impact is essential.
Response times may vary, but founders can expect to hear back within a few weeks. Warm introductions are beneficial but not mandatory. The firm encourages direct submissions through their website for initial outreach.
In January 2026, Vanagon Ventures successfully closed its first fund at €20 million, targeting early-stage investments in the DeepTech sector. This milestone positions the firm to fill the pre-seed funding gap in Europe, particularly in the DACH region.
Recent portfolio highlights include investments in companies like Holy Technologies and ExoMatter, which exemplify the firm's commitment to supporting innovative solutions in manufacturing and materials research. The firm continues to engage actively with the startup ecosystem, showcasing its dedication to investing in frontier technologies for a sustainable future.
What are Vanagon Ventures' investment criteria?
Vanagon Ventures focuses on early-stage investments in DeepTech and AI-Native sectors, particularly in the DACH region. They typically invest in pre-seed and seed stages, with check sizes up to €500,000.
How can I pitch to Vanagon Ventures?
Founders can submit their pitches through the firm's website at vanagon.vc. It is recommended to include a clear outline of the business model, market opportunity, and how the startup aligns with their investment thesis.
What makes Vanagon Ventures different from other VCs?
Vanagon Ventures specifically targets the pre-seed funding gap in Europe, focusing on technologies that enhance European sovereignty and sustainability. Their commitment to mission-aligned co-investing sets them apart in the venture capital landscape.
What is the geographic scope of Vanagon Ventures?
The firm primarily invests in the DACH region (Germany, Austria, Switzerland) but is open to opportunities across wider Europe, particularly in sectors aligned with their focus.
What kind of support do portfolio companies receive?
Vanagon Ventures provides strategic support to its portfolio companies, leveraging its expertise in technology-driven transformation and venture investing to help founders navigate the complexities of scaling their innovations.
What is the fund size and target portfolio for Vanagon Ventures?
Vanagon Ventures closed its first fund at €20 million, with a target portfolio of approximately 30 companies, focusing on early-stage investments in DeepTech and AI sectors.
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