What investment strategy does G+D Ventures focus on?

G+D Ventures focuses on VC, Growth strategies in the private equity space.

How many portfolio companies does G+D Ventures have?

G+D Ventures has 12 active portfolio companies and 4 completed exits and 2 funds tracked on GP Intel.

Where is G+D Ventures headquartered?

G+D Ventures is headquartered in Munich, Germany.

When was G+D Ventures founded?

G+D Ventures was founded in 2018.

What sectors does G+D Ventures invest in?

G+D Ventures invests across Software, Financials, Business Services, TMT.

What are G+D Ventures's recent exits?

Recent realized exits by G+D Ventures include: Build38 (2026) to OneSpan; BrighterAI (2025) to Milestone Systems; IDnow (2025) to Corsair Capital; Metaco (2023) to Ripple.

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G+D Ventures

Munich, Germany·Founded 2018·

Venture Capital Growth Equity

·gi-de.com

G+D Ventures is the corporate venture capital arm of Munich-based security technology group Giesecke+Devrient, active since 2018 as a European TrustTech investor. It backs early-stage (Seed to Series A) and selectively later-stage startups across digital identity, cybersecurity, payment, privacy and regulatory technologies, predominantly in Europe and Israel, investing off the G+D balance sheet and via a 50 million EUR co-investment platform with the European Investment Bank.

AUM

–

Funds

vintages 2018–2022

Portfolio

Exits

G+D Ventures is a Munich venture capital firm with 12 active companies and 4 exits.

SectorsSoftware Financials Business Services TMT

Key takeaways

·4 exits in the last 5 years · consistent DPI cadence.
·Average hold across 4 realized deals: 6 years.
·Top sector focus: Cybersecurity (50% of portfolio).
·Fund cadence: ~4Y between vintages · last raise 2022.

Sector breakdown

16 companies

Cybersecurity

8 · 50%

Fintech

4 · 25%

Data & Analytics

2 · 13%

AI/ML

1 · 6%

Software

1 · 6%

Geography breakdown

7 geographies

Germany

6 · 38%

Switzerland

3 · 19%

France

2 · 13%

Estonia

2 · 13%

Netherlands

1 · 6%

Belgium

1 · 6%

Key facts

HQMunich, Germany

Founded2018

Employees5+

Websitegi-de.com

Recent exits

G+D Ventures sold Build38 to OneSpan in 2026 after 8 years.

G+D Ventures sold BrighterAI to Milestone Systems in 2025 after 6 years.

G+D Ventures sold IDnow to Corsair Capital in 2025 after 7 years.

G+D Ventures sold Metaco to Ripple in 2023 after 3 years.

Coverage notes

2 funds tracked, 16 portfolio companies (12 active · 4 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

Every fund G+D Ventures has raised, with its portfolio companies. Hand-checked from public filings.

2 funds

Fund

Strategy

Vintage

Size

Assets

Exits

G+D-EIB TrustTech Co-Investment Platform

VC2022€50M4 assets

2022 · 4yr

€50M

–

Unrealized

4 held

Company	Entry
Cense Fintech · Switzerland	2026
Roseman Labs Data & Analytics · Netherlands	2025
Saporo Cybersecurity · Switzerland	2025
Tremau Cybersecurity · France	2025

G+D Ventures TrustTech BookActive

Evergreen20188 assets4 exits

Evergreen

2018 · 8yr

–

Unrealized

8 held

Company	Entry
Blockbrain AI/ML · Germany	2024
FNA Data & Analytics · UK	2021
NANO Corp Cybersecurity · France	2023
Patchstack Cybersecurity · Estonia	2024
Salv Fintech · Estonia	2022
Tenzir Cybersecurity · Germany	2023
Verimi Cybersecurity · Germany	2017
Yields.io Fintech · Belgium	2023

Realized

4 exits

Company	Entry	Exit	Type	Buyer	MOIC
BrighterAI Software · Germany	2019	2025	Trade Sale	Milestone Systems	–
Build38 Cybersecurity · Germany	2018	2026	Trade Sale	OneSpan	–
IDnow Cybersecurity · Germany	2018	2025	Secondary	Corsair Capital	–
Metaco Fintech · Switzerland	2020	2023	Trade Sale	Ripple	–

Frequently asked questions

What investment strategy does G+D Ventures focus on?: G+D Ventures focuses on VC, Growth strategies in the private equity space.
How many portfolio companies does G+D Ventures have?: G+D Ventures has 12 active portfolio companies and 4 completed exits and 2 funds tracked on GP Intel.
Where is G+D Ventures headquartered?: G+D Ventures is headquartered in Munich, Germany.
When was G+D Ventures founded?: G+D Ventures was founded in 2018.
What sectors does G+D Ventures invest in?: G+D Ventures invests across Software, Financials, Business Services, TMT.
What are G+D Ventures's recent exits?: Recent realized exits by G+D Ventures include: Build38 (2026) to OneSpan; BrighterAI (2025) to Milestone Systems; IDnow (2025) to Corsair Capital; Metaco (2023) to Ripple.