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KfW

Palmengartenstrasse 5-9, Frankfurt am Main, Hessen, 60325, Germany

Overview

State-owned investment and development bank offering funding solutions.

Founded

1948

Deals · 12mo

6

Links

WebsiteLinkedIn

Stage focus

Series A
Series B

Geographic focus

Germany

Sector focus

Banking
Finance
Financial Services

Investment portfolio

72rounds
NAMEDATESIZE
Everphone
Sep 2026Led
$17 MDebt
Reverion
Sep 2026Participated
$175 MSeries B
Exein
Sep 2026Participated
$270 MSeries C
Proxima Fusion
Jul 2026Participated
$470 MSeries A
Isar Aerospace
Jun 2026Participated
$312 MSeries D
GVG Glasfaser
Feb 2026Participated
$160 MOther Equity
paddy
Aug 2025Participated
$1 MSeed
CryoTherapeutics
Apr 2024Participated
$11 MSeries B
Everphone
Jan 2024Participated
$294 MSeries D
Vectoflow
Dec 2023Participated
$4 MSeries A
GetYourGuide
May 2023Participated
$194 MDebt
Molten Industries
Oct 2022Led
$49 MDebt
Everphone
Sep 2026Led
$17 MDebt
Reverion
Sep 2026Participated
$175 MSeries B
Exein
Sep 2026Participated
$270 MSeries C
Proxima Fusion
Jul 2026Participated
$470 MSeries A
Isar Aerospace
Jun 2026Participated
$312 MSeries D
GVG Glasfaser
Feb 2026Participated
$160 MOther Equity
paddy
Aug 2025Participated
$1 MSeed
CryoTherapeutics
Apr 2024Participated
$11 MSeries B
Everphone
Jan 2024Participated
$294 MSeries D
Vectoflow
Dec 2023Participated
$4 MSeries A
GetYourGuide
May 2023Participated
$194 MDebt
Molten Industries
Oct 2022Led
$49 MDebt
72
Items
...
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Insights

Time horizon

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Deal Distribution

KfW: 72 funding rounds are recorded in the selected participation categories.All available history.
KfW: 72 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed01
Series A211
Series B113
Series C+013
Other Equity224
Debt23

Monthly Deal Activity

KfW: 72 deals are recorded across 204 months.All available history.
KfW: 72 deals are recorded across 204 months. All available history
MonthDeals
Nov '091
Dec '091
Jan '100
Feb '101
Mar '101
Apr '100
May '103
Jun '101
Jul '100
Aug '100
Sep '102
Oct '101
Nov '100
Dec '101
Jan '111
Feb '112
Mar '110
Apr '111
May '114
Jun '111
Jul '111
Aug '110
Sep '110
Oct '111
Nov '110
Dec '110
Jan '121
Feb '120
Mar '120
Apr '120
May '122
Jun '120
Jul '121
Aug '121
Sep '121
Oct '121
Nov '120
Dec '120
Jan '130
Feb '130
Mar '130
Apr '131
May '130
Jun '130
Jul '132
Aug '131
Sep '130
Oct '130
Nov '130
Dec '131
Jan '140
Feb '140
Mar '140
Apr '140
May '141
Jun '140
Jul '141
Aug '140
Sep '140
Oct '140
Nov '141
Dec '141
Jan '150
Feb '150
Mar '150
Apr '151
May '150
Jun '150
Jul '152
Aug '150
Sep '152
Oct '150
Nov '150
Dec '150
Jan '160
Feb '161
Mar '160
Apr '160
May '160
Jun '160
Jul '162
Aug '160
Sep '160
Oct '160
Nov '160
Dec '162
Jan '171
Feb '170
Mar '171
Apr '171
May '170
Jun '170
Jul '171
Aug '170
Sep '171
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '181
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '181
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '191
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '201
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '211
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '221
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '221
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '231
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '231
Jan '241
Feb '240
Mar '240
Apr '241
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '251
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '261
Mar '260
Apr '260
May '260
Jun '261
Jul '261
Aug '260
Sep '263
Oct '260

Sector Breakdown

KfW: Health & Life Sciences is the largest displayed sector by deal count (43 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

KfW: Health & Life Sciences is the largest displayed sector by deal count (43 deals). All available history
SectorDeals
Health & Life Sciences43
Space & Frontier Tech9
Networks, Cloud & Communication9
Hardware & Robotics8
Enterprise Software6
Clean Energy & Sustainability6
Data, Analytics & IT6
Manufacturing6
E-Commerce & Retail5
Consumer & Lifestyle4
Travel & Hospitality3
Transportation & Logistics3
Marketing & Advertising2
AI & Machine Learning2
Education & Workforce1
Government & Defense1
Cybersecurity & Privacy1
Real Estate & Construction1
Fintech1
Food & Agriculture1
Professional Services1

Deal Size Distribution

KfW: 72 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

KfW: 72 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M22
$5M-$10M22
$10M-$25M14
$25M-$50M5
$50M-$100M2
$100M-$250M3
$250M-$500M4
$500M-$1B0
$1B+0

Deals By Geography

KfW: Europe has the largest recorded deal count among the displayed regions (66 deals).All available history.

Top 5 of 5 regions; European countries are grouped as Europe.

KfW: Europe has the largest recorded deal count among the displayed regions (66 deals). All available history
RegionDeals
Europe66
United States3
021421
857741
India1
KfW: 20 co-investors are shown, with High-Tech Grunderfonds sharing 24 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

KfW: 20 co-investors are shown, with High-Tech Grunderfonds sharing 24 recorded deals. All available history
Co-investorShared deals
High-Tech Grunderfonds24
Creathor Venture12
NRW.BANK12
IBB Ventures9
Bayern Kapital7
Peppermint Venture Partners7
LBBW Venture Capital5
btov Partners4
MIG Capital4
SHS Gesellschaft für Beteiligungsmanagement4
UVC Partners4
Vesalius Biocapital4
BioMedPartners3
Citi3
EnjoyVenture3
EQT Life Sciences (LSP)3
Getz Brothers3
SMS Group3
T-Venture3
Aeris Capital2

Investment Strategy

KfW: Led accounts for 10% and participating for 90% of round participation.All available history.
KfW: Led accounts for 10% and participating for 90% of round participation. All available history
CategoryDeals (count)Share (%)
Led710%
Participating6590%
KfW: Single-lead accounts for 29% and co-led for 71% of lead dynamics.All available history.
KfW: Single-lead accounts for 29% and co-led for 71% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead229%
Co-led571%

Team

Aida Welker
Bernd Loewen

CFO

Dietrich Suhlrie

Director

Günther Bräunig

CEO

Jochen Eichmann

Head of Venture Tech Growth Financing (VTGF)

John Khoury

Senior Consultant

Markus Schladt

Department Director Regional Funds Africa

Melanie Kehr

CIO

Stefan Peiß

CRO