What investment strategy does coparion focus on?

coparion focuses on VC, Growth strategies in the private equity space.

How many portfolio companies does coparion have?

coparion has 27 active portfolio companies and 12 completed exits and 1 fund tracked on GP Intel.

Where is coparion headquartered?

coparion is headquartered in Cologne, Germany.

What is coparion's assets under management?

coparion manages approximately €275M in assets under management.

What sectors does coparion invest in?

coparion invests across Software, TMT, Healthcare, Business Services, Financials.

What are coparion's recent exits?

Recent realized exits by coparion include: PlanA.Earth (2026) to Diginex; Thing-it (2026) to MazeMap; Tubulis (2026) to Gilead Sciences; Cardior Pharmaceuticals (2024) to Novo Nordisk; shyftplan (2024) to Maguar Capital Partners; Veertly (2023) to Swisscom Broadcast; Vimcar (2023) to Battery Ventures; Hasty (2022) to CloudFactory.

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coparion

Cologne, Germany·Founded 2016·

Venture Capital Growth Equity

·coparion.vc

coparion is a Cologne-based venture capital co-investment fund launched in 2016 by Germany's Federal Ministry for Economic Affairs (via the ERP Special Fund) and KfW, later joined by the European Investment Bank. It manages EUR 275 million and invests only alongside private co-investors on equal terms, backing German technology companies in start-up and early-growth phases with tickets of EUR 0.5-8 million per round and up to EUR 15 million per company across software, fintech, biotech and hardware.

AUM

€275M

Funds

vintages 2016

Portfolio

Exits

coparion is a Cologne venture capital firm with €275M AUM, 27 active companies and 12 exits.

SectorsSoftware TMT Healthcare Business Services Financials

Key takeaways

·12 exits in the last 5 years · consistent DPI cadence.
·Average hold across 12 realized deals: 4 years.
·Top sector focus: SaaS (26% of portfolio).

Sector breakdown

39 companies

SaaS

10 · 26%

Biotech

6 · 15%

Fintech

4 · 10%

Mobility

3 · 8%

Software

3 · 8%

ClimateTech

3 · 8%

MedTech

2 · 5%

E-commerce

2 · 5%

Geography breakdown

2 geographies

Germany

38 · 97%

Switzerland

1 · 3%

Key facts

HQCologne, Germany

Founded2016

Websitecoparion.vc

Recent exits

coparion sold PlanA.Earth to Diginex in 2026 after 5 years.

coparion sold Thing-it to MazeMap in 2026 after 7 years.

coparion sold Tubulis to Gilead Sciences in 2026 after 6 years.

coparion sold Cardior Pharmaceuticals to Novo Nordisk in 2024 after 3 years.

Coverage notes

1 fund tracked, 39 portfolio companies (27 active · 12 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

Every fund coparion has raised, with its portfolio companies. Hand-checked from public filings.

1 fund

Fund

Strategy

Vintage

Size

Assets

Exits

coparion

VC2016€275M27 assets12 exits

2016 · 10yr

€275M

Unrealized

27 held

Company	Entry
3yourmind SaaS · Germany	2020
Abalos Therapeutics Biotech · Germany	2021
Autovio Mobility · Germany	2022
Building Radar SaaS · Germany	2019
CatalYm Biotech · Germany	2020
Clark Fintech · Germany	2018
CNC24 Software · Germany	2022
ContractHero SaaS · Germany	2021
emlen SaaS · Germany	2021
Fasciotens MedTech · Germany	2018
Finanzguru Fintech · Germany	2019
Finoa Fintech · Germany	2020
FundaMental Pharma Biotech · Germany	2022
Green City Solutions ClimateTech · Germany	2017
Grover E-commerce · Germany	2018
holidu E-commerce · Germany	2019
koppla SaaS · Germany	2021
Lanes & Planes SaaS · Germany	2023
Lendis SaaS · Germany	2022
ONIQ Software · Germany	2022
parcelLab SaaS · Germany	2018
Protembis MedTech · Germany	2018
Qualifyze SaaS · Germany	2020
Tacalyx Biotech · Germany	2019
virtualQ SaaS · Germany	2018
Wirelane Mobility · Germany	2018
zeotap Data & Analytics · Germany	2020

Realized

12 exits

Company	Entry	Exit	Type	Buyer	MOIC
Cardior Pharmaceuticals Biotech · Germany	2021	2024	Trade Sale	Novo Nordisk	–
FastBill Fintech · Germany	2017	2021	Trade Sale	FreshBooks	–
gridX ClimateTech · Germany	2018	2021	Trade Sale	E.ON	–
Hasty AI/ML · Germany	2020	2022	Trade Sale	CloudFactory	–
Lofelt Deep Tech · Germany	2017	2022	Trade Sale	Meta	–
PlanA.Earth ClimateTech · Germany	2021	2026	Trade Sale	Diginex	–
shyftplan HR Tech · Germany	2021	2024	Secondary	Maguar Capital Partners	–
Thing-it PropTech · Germany	2019	2026	Trade Sale	MazeMap	–
Tubulis Biotech · Germany	2020	2026	Trade Sale	Gilead Sciences	–
Twenty Billion Neurons AI/ML · Germany	2018	2021	Trade Sale	Qualcomm	–
Veertly Software · Switzerland	2021	2023	Trade Sale	Swisscom Broadcast	–
Vimcar Mobility · Germany	2017	2023	Secondary	Battery Ventures	–

Frequently asked questions

What investment strategy does coparion focus on?: coparion focuses on VC, Growth strategies in the private equity space.
How many portfolio companies does coparion have?: coparion has 27 active portfolio companies and 12 completed exits and 1 fund tracked on GP Intel.
Where is coparion headquartered?: coparion is headquartered in Cologne, Germany.
What is coparion's assets under management?: coparion manages approximately €275M in assets under management.
When was coparion founded?: coparion was founded in 2016.
What sectors does coparion invest in?: coparion invests across Software, TMT, Healthcare, Business Services, Financials.
What are coparion's recent exits?: Recent realized exits by coparion include: PlanA.Earth (2026) to Diginex; Thing-it (2026) to MazeMap; Tubulis (2026) to Gilead Sciences; Cardior Pharmaceuticals (2024) to Novo Nordisk; shyftplan (2024) to Maguar Capital Partners; Veertly (2023) to Swisscom Broadcast; Vimcar (2023) to Battery Ventures; Hasty (2022) to CloudFactory.