What investment strategy does Vanagon Ventures focus on?

Vanagon Ventures focuses on VC strategies in the private equity space.

How many portfolio companies does Vanagon Ventures have?

Vanagon Ventures has 14 active portfolio companies and 1 fund tracked on GP Intel.

Where is Vanagon Ventures headquartered?

Vanagon Ventures is headquartered in Munich, Germany.

What is Vanagon Ventures's assets under management?

Vanagon Ventures manages approximately €20M in assets under management.

When was Vanagon Ventures founded?

Vanagon Ventures was founded in 2023.

What sectors does Vanagon Ventures invest in?

Vanagon Ventures invests across Industrials, Software, TMT, Energy.

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Vanagon Ventures

Munich, Germany·Founded 2023·

Venture Capital

·vanagon.vc

Vanagon Ventures is a Munich-based pre-seed and seed venture capital firm founded in 2023 that backs AI-native and DeepTech founders across Industrial, Nature and Digital Infrastructure. It writes first cheques of up to EUR 500k and closed its EUR 20M Fund I in January 2026, targeting a portfolio of around 30 companies to fill Europe's pre-seed DeepTech funding gap.

AUM

€20M

Funds

vintages 2023

Portfolio

Exits

Vanagon Ventures is a Munich venture capital firm with €20M AUM and 14 active companies.

SectorsIndustrials Software TMT Energy

Sector breakdown

14 companies

Industrials

5 · 36%

Fintech

3 · 21%

Deep Tech

2 · 14%

TMT

1 · 7%

SaaS

1 · 7%

Cybersecurity

1 · 7%

ClimateTech

1 · 7%

Geography breakdown

3 geographies

Germany

11 · 79%

2 · 14%

Netherlands

1 · 7%

Key facts

HQMunich, Germany

Founded2023

Websitevanagon.vc

Recent exits

No exits recorded yet.

Partners

Susanne FrommGeneral Partner

Coverage notes

1 fund tracked, 14 portfolio companies (14 active · 0 realized). Verified weekly from public filings and deal announcements.

Investment team

Senior partners. Hand-checked from public filings and the firm's own site.

Susanne Fromm

General Partner

Funds & portfolio

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

1 fund

Fund

Strategy

Vintage

Size

Assets

Exits

Vanagon Ventures Fund I

VC2023€20M14 assets

2023 · 3yr

€20M

–

Unrealized

14 held

Company	Entry
36ZERO Vision Industrials · Germany	2025
Deeplify Industrials · Germany	2026
Ewigbyte Deep Tech · Germany	2026
ExoMatter Deep Tech · Germany	2024
Heartstocks Fintech · Germany	2023
Holy Technologies Industrials · Germany	2025
HULO Industrials · Netherlands	2025
Learn.xyz TMT · US	2023
LoopID SaaS · Germany	2024
MIR Insight Industrials · Germany	2025
Neuramancer Cybersecurity · Germany	2026
Particula Fintech · Germany	2025
Renoster ClimateTech · US	2023
The Landbanking Group Fintech · Germany	2023

Frequently asked questions

What investment strategy does Vanagon Ventures focus on?: Vanagon Ventures focuses on VC strategies in the private equity space.
How many portfolio companies does Vanagon Ventures have?: Vanagon Ventures has 14 active portfolio companies and 1 fund tracked on GP Intel.
Where is Vanagon Ventures headquartered?: Vanagon Ventures is headquartered in Munich, Germany.
What is Vanagon Ventures's assets under management?: Vanagon Ventures manages approximately €20M in assets under management.
When was Vanagon Ventures founded?: Vanagon Ventures was founded in 2023.
What sectors does Vanagon Ventures invest in?: Vanagon Ventures invests across Industrials, Software, TMT, Energy.