BACKING:
FROM START
TO EXIT


WE BACK ENTREPRENEURS WITH DARING VISIONS FROM SEED STAGE TO EXIT.

-RAINER, HV CAPITAL


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Founded in 2000, HV Capital has deep track record of spotting European winners at seed stage: HV Capital backed the first generation of german billion-dollar businesses. With over € 2.8bn under management, HV Capital has invested in about 225 disruptors from every industry, partnering with them for the long-term and sustained growth that has led to some of the most successful businesses in the German market. From early stage to growth, HV Capital has the experience to know what makes a leader – which is why HV Capital is the leading all-stage investor in the German market, and one of the leading investors in Europe.


NEW COMPANIES

HV Capital leads early-stage rounds from €0.5-10m, growth stage investments of up to €60m, and follow-on investments with up to €100m per company. HV Capital supports companies for 10 years or longer and deploys capital at all growth stages. To offer even more long-term support in the future, HV Capital has created a continuation fund in 2022 – a unique financial vehicle in Germany so far. 


NEW RELATIONS

Our network is our biggest value. In our history, we have backed hundreds of entrepreneurs, enabling great success stories. We are creating an ecosystem for companies to connect and thrive together across Europe and beyond. HV’s funds co-invest with a set of top international business angels and investors.


NEW PERSPECTIVES

We have backed about 225 companies across Europe in the last 20+ years. We have enabled the creation of more than 100,000 jobs across all sectors of the industry.

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OUR JOURNEY

Today
NEXT LEVEL

Bringing companies to new dimensions: Today, HV’s funds have invested in about 200 companies with over € 2.8bn assets under management and counting, backing some of the greatest success stories in recent European business history. As an early supporter of start-ups around the world, HV remains committed to backing the next generation of daring entrepreneurs and thriving companies.

2023
FUND IX

Underlining the unique strength of HV Capital’s investment team across all economic cycles, HV Capital's largest fund, Fund IX, was announced in 2023. With a size over 700m, HV Capital's Fund IX will be split into two vehicles, “Fund IX Venture” and “Fund IX Growth”, to target companies from Seed to Series D and beyond.

2022
CONTINUATION FUND

Building category-defining companies takes time. In 2022 HV Capital announced the first continuation fund in the German tech sector with a size of over €430m. HV COCO Growth will enable HV to continue supporting portfolio companies from existing funds and take advantage of further growth opportunities facing them.

2018
ONE BILLION

Over € 1bn under management: In 2018, HV’s funds surpassed € 1bn in assets under management. HV broadened the investment focus, adding companies from areas like B2B, SaaS, Logistics, Healthcare, AI and Blockchain.

2014
LEADING INVESTMENTS

A portfolio of champions: By 2014, HV’s funds had invested in leading consumer Internet companies such as Zalando, HelloFresh, Delivery Hero, SumUp and FlixBus.

2010
EVOLUTION

An independent investor: In 2010, HV became an independent venture capital firm, backed by top tier institutional investors from all around the world.

2000
START

Two decades of experience: HV was founded in 2000 as part of Holtzbrinck, one of Europe’s largest publishing groups.

This was around the same time some of the earliest German tech startups were created.