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Possible Ventures

Possible Ventures

Munich, Germany·Founded 2013··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.

AUM
€130M
Funds
3
vintages 2019–2023
Portfolio
20
Exits
1

Key facts

HQMunich, Germany
Founded2013
Employees4+

Recent exits

Cognigy
Cognigy
AI/ML2025 · 6yr hold

Coverage notes

3 funds tracked, 21 portfolio companies (20 active · 1 realized). Verified weekly from public filings and deal announcements.

Sector breakdown

21 companies
Biotech
4 · 19%
Energy
3 · 14%
Industrials
2 · 10%
Deep Tech
2 · 10%
ClimateTech
2 · 10%
Software
2 · 10%
Gaming
2 · 10%
Mobility
1 · 5%

Funds & portfolio

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

3 funds
Possible Ventures Fund IIIVC
2023 · 3yr€60M9 active

Unrealized

9 held
Automata
AutomataActive
IndustrialsUK· Entry 2023
Chemify
ChemifyActive
Deep TechUK· Entry 2023
BiotechUK· Entry 2025
MobilityUS· Entry 2024
Heidi Health
Heidi HealthActive
HealthcareAustralia· Entry 2023
HyperHeat
HyperHeatActive
ClimateTechGermany· Entry 2024
InsempraActive
BiotechGermany· Entry 2024
Orbem
OrbemActive
Deep TechGermany· Entry 2023
EnergyGermany· Entry 2025
Possible Ventures Fund IIVC
2021 · 5yr€60M10 active

Unrealized

10 held
AnyDeskActive
SoftwareGermany· Entry 2021
HeyflowActive
SaaSGermany· Entry 2021
Immutable
ImmutableActive
GamingAustralia· Entry 2022
EnergyGermany· Entry 2022
BiotechUK· Entry 2022
Reverion
ReverionActive
ClimateTechGermany· Entry 2022
Tanso
TansoActive
SoftwareGermany· Entry 2021
tozero
tozeroActive
EnergyGermany· Entry 2022
Uluu
UluuActive
BiotechAustralia· Entry 2022
Yuri
YuriActive
IndustrialsGermany· Entry 2021
Possible Ventures Fund IVC
2019 · 7yr€10M1 active · 1 realized

Unrealized

1 held
Sorare
SorareActive
GamingFrance· Entry 2019

Realized

1 exit
Cognigy
CognigyExited 2025
AI/MLGermany· Entry 2019
Trade Saleto
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Last updated July 2026 · Sourced from public filings · Report an issue