Top 10 European Venture Capital Firms

Founded in 2006 by Skype co-founder Niklas Zennstrom, London-based Atomico manages EUR 4.1B across five funds. Portfolio highlights include Klarna, Supercell, and Lilium. Its annual "State of European Tech" report is the definitive data source on the European startup ecosystem.

Atomico

London-based Balderton Capital manages over USD 4B and has backed more than 200 companies including Revolut, Betfair, and Yoox. Formerly the European arm of Benchmark, it became independent in 2007 and is one of Europe's most active Series A and B investors.

Balderton Capital

Accel's London office, opened in 2000, has led investments in Spotify, Deliveroo, Supercell, and UiPath among dozens of European unicorns. Operating with a USD 650M+ European fund, Accel bridges its global platform with deep local market knowledge across the continent.

Accel (London)

Munich-based HV Capital (formerly Holtzbrinck Ventures) manages EUR 1.7B and has backed over 200 companies including Zalando, SumUp, and FlixBus. One of Germany's most established VC firms, it focuses on seed through growth-stage investments in the DACH region and beyond.

HV Capital

Stockholm-founded Northzone has backed Spotify, Klarna, and Trustpilot since 1996 and now operates with offices in London and New York. Managing over USD 1.5B, it focuses on Series A to C investments in fintech, enterprise software, and climate technology across Europe and the US.

Northzone

Berlin-based Cherry Ventures manages EUR 400M+ across three funds, with a thesis centred on pre-seed and seed-stage European founders. Its portfolio includes Trade Republic, Tado, and Infarm. Founded in 2012 by entrepreneurs, it emphasises founder-first partnership over traditional VC hierarchy.

Cherry Ventures

Berlin-based Earlybird, founded in 1997, manages EUR 2.3B across digital, health, and deep-tech funds. Notable investments include N26, UiPath, and Peak Games. Its Turkish Growth Fund gave it early exposure to one of Europe's most prolific startup ecosystems.

Earlybird Venture Capital

Berlin-based Point Nine Capital is a EUR 500M+ specialist in B2B SaaS and marketplace businesses, having backed Zendesk, Clio, Typeform, and Contentful from seed stage. With a highly analytical investment approach, it has become a benchmark for European SaaS seed investing.

Point Nine Capital

Vienna-based Speedinvest manages EUR 1.0B+ and is the most active seed-stage VC in Central and Eastern Europe. Its portfolio spans 300+ companies including GoStudent, Bitpanda, and Refurbed. Its sector teams in fintech, industrial tech, and health provide deep operational support.

Speedinvest

Founded in 2006 by Skype co-founder Niklas Zennstrom, London-based Atomico manages EUR 4.1B across five funds. Portfolio highlights include Klarna, Supercell, and Lilium. Its annual "State of European Tech" report is the definitive data source on the European startup ecosystem.

Atomico

London-based Balderton Capital manages over USD 4B and has backed more than 200 companies including Revolut, Betfair, and Yoox. Formerly the European arm of Benchmark, it became independent in 2007 and is one of Europe's most active Series A and B investors.

Balderton Capital

Accel's London office, opened in 2000, has led investments in Spotify, Deliveroo, Supercell, and UiPath among dozens of European unicorns. Operating with a USD 650M+ European fund, Accel bridges its global platform with deep local market knowledge across the continent.

Accel (London)

Munich-based HV Capital (formerly Holtzbrinck Ventures) manages EUR 1.7B and has backed over 200 companies including Zalando, SumUp, and FlixBus. One of Germany's most established VC firms, it focuses on seed through growth-stage investments in the DACH region and beyond.

HV Capital

Stockholm-founded Northzone has backed Spotify, Klarna, and Trustpilot since 1996 and now operates with offices in London and New York. Managing over USD 1.5B, it focuses on Series A to C investments in fintech, enterprise software, and climate technology across Europe and the US.

Northzone

Berlin-based Cherry Ventures manages EUR 400M+ across three funds, with a thesis centred on pre-seed and seed-stage European founders. Its portfolio includes Trade Republic, Tado, and Infarm. Founded in 2012 by entrepreneurs, it emphasises founder-first partnership over traditional VC hierarchy.

Cherry Ventures

Berlin-based Earlybird, founded in 1997, manages EUR 2.3B across digital, health, and deep-tech funds. Notable investments include N26, UiPath, and Peak Games. Its Turkish Growth Fund gave it early exposure to one of Europe's most prolific startup ecosystems.

Earlybird Venture Capital

Berlin-based Point Nine Capital is a EUR 500M+ specialist in B2B SaaS and marketplace businesses, having backed Zendesk, Clio, Typeform, and Contentful from seed stage. With a highly analytical investment approach, it has become a benchmark for European SaaS seed investing.

Point Nine Capital

Vienna-based Speedinvest manages EUR 1.0B+ and is the most active seed-stage VC in Central and Eastern Europe. Its portfolio spans 300+ companies including GoStudent, Bitpanda, and Refurbed. Its sector teams in fintech, industrial tech, and health provide deep operational support.

Speedinvest