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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
SectorsTMTSoftwareHealthcareEnergyIndustrials

Key facts

HQMunich, Germany
Founded2013
Employees4+

Recent exits

Cognigy
Software · 2025 · 6yr hold

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.

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

Unrealized

9 held
AutomataActive
IndustrialsUnited Kingdom· Entry 2023
ChemifyActive
Deep TechUnited Kingdom· Entry 2023
BiotechUnited Kingdom· Entry 2025
MobilityUnited States· Entry 2024
HealthcareAustralia· Entry 2023
HyperHeatActive
EnergyGermany· Entry 2024
InsempraActive
BiotechGermany· Entry 2024
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
ImmutableActive
GamingAustralia· Entry 2022
EnergyGermany· Entry 2022
BiotechUnited Kingdom· Entry 2022
ReverionActive
EnergyGermany· Entry 2022
TansoActive
SoftwareGermany· Entry 2021
tozeroActive
EnergyGermany· Entry 2022
UluuActive
BiotechAustralia· Entry 2022
YuriActive
IndustrialsGermany· Entry 2021
Possible Ventures Fund IVC
2019 · 7yr€10M1 active · 1 realized

Unrealized

1 held
SorareActive
GamingFrance· Entry 2019

Realized

1 exit
CognigyExited 2025
SoftwareGermany· Entry 2019
Trade Saleto
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Last updated July 2026 · Sourced from public filings