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Marvel Fusion

Marvel Fusion

ClimateTech·Germany·Active·1yr hold
Entry
2025
Hold
1yr
Status
Active

Who owns Marvel Fusion?

Marvel Fusion is a German ClimateTech company, currently owned by EQT Ventures since 2025 and 6 other investors.

Hand-verified · updated 2026-09-30

Open JSON · CC-BY
EQT Ventures
Most recent investor
EQT Ventures
EQT Ventures III · 2023 · VC
7 ownership periods · full history below

Key facts

HQGermany
SectorClimateTech
StatusActive
Key takeaways
  • ·Co-held by BlueYard Capital, Earlybird Venture Capital, Possible Ventures, Bayern Kapital, Tengelmann Ventures, HV Capital and EQT Ventures since 2019.
  • ·7 distinct PE sponsors across ownership cycles.

Ownership history

7 ownership periods · co-invest detected

Co-invest · 7 holders · 2019 · present
BlueYard Capital
2019 · present(7yr) · BlueYard Capital Fund II · 2019 · VC
Possible Ventures
2022 · present(4yr) · Possible Ventures Fund II · 2021 · VC
Earlybird Venture Capital
2022 · present(4yr) · Earlybird-X / Growth Opportunities · 2017 · VC
HV Capital
2024 · present(2yr) · HV Fund IX · 2023 · VC
Tengelmann Ventures
2024 · present(2yr) · Tengelmann Ventures Evergreen · 2009 · Evergreen
Bayern Kapital
2024 · present(2yr) · Seedfonds Bayern · 1996 · VC
EQT Ventures
2025 · present(1yr) · EQT Ventures III · 2023 · VC

Questions

Who owns Marvel Fusion?

Marvel Fusion is currently owned by EQT Ventures, Bayern Kapital and 5 others, through EQT Ventures III, since 2025.

When did EQT Ventures and 6 others acquire Marvel Fusion?

EQT Ventures and 6 others acquired Marvel Fusion in 2025.

Who has owned Marvel Fusion over time?

Marvel Fusion has been through 7 private-equity ownership periods: BlueYard Capital · via BlueYard Capital Fund II · since 2019; Earlybird Venture Capital · via Earlybird-X / Growth Opportunities · since 2022; Possible Ventures · via Possible Ventures Fund II · since 2022; Bayern Kapital · via Seedfonds Bayern · since 2024; Tengelmann Ventures · via Tengelmann Ventures Evergreen · since 2024; HV Capital · via HV Fund IX · since 2024; EQT Ventures · via EQT Ventures III · since 2025.

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