Possible Ventures
Possible Ventures is a Munich-based pre-seed and seed venture capital firm founded in 2013 by Australian serial entrepreneur Chris Hitchen (originally under the name Inventures, rebranded to Possible Ventures). The firm backs mission-driven teams using frontier technology across climate, energy, health and society, writing average tickets of EUR 250k-500k and taking small ownership stakes (around 5 percent) without board seats. It has raised three funds (a 2019 EUR 10m first fund, a 2021 EUR 60m second fund and a EUR 60m-target third fund from 2023), backing more than 130 portfolio companies globally, with a network of 200-plus LPs and 300-plus founders. Its best-known early win was a pre-seed cheque into Sorare, whose 2021 Series B repaid roughly half of the debut fund within twelve months.
Key facts
Recent exits
Coverage notes
3 funds tracked, 21 portfolio companies (20 active · 1 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund Possible Ventures has raised, with its portfolio companies. Hand-checked from public filings.
Possible Ventures Fund IIIVC2023 · 3yr€60M9 active
Unrealized
9 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Automata | Industrials | United Kingdom | 2023 |
| Chemify | Deep Tech | United Kingdom | 2023 |
| Coherence Neuro | Biotech | United Kingdom | 2025 |
| Cosmic Aerospace | Mobility | United States | 2024 |
| Heidi Health | Healthcare | Australia | 2023 |
| HyperHeat | Energy | Germany | 2024 |
| Insempra | Biotech | Germany | 2024 |
| Orbem | Deep Tech | Germany | 2023 |
| Telura Energy | Energy | Germany | 2025 |
Possible Ventures Fund IIVC2021 · 5yr€60M10 active
Unrealized
10 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| AnyDesk | Software | Germany | 2021 |
| Heyflow | SaaS | Germany | 2021 |
| Immutable | Gaming | Australia | 2022 |
| Marvel Fusion | Energy | Germany | 2022 |
| Modern Synthesis | Biotech | United Kingdom | 2022 |
| Reverion | Energy | Germany | 2022 |
| Tanso | Software | Germany | 2021 |
| tozero | Energy | Germany | 2022 |
| Uluu | Biotech | Australia | 2022 |
| Yuri | Industrials | Germany | 2021 |
Possible Ventures Fund IVC2019 · 7yr€10M1 active · 1 realized
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