VC Directory

AI VCs Directory

Curated index of active venture capital funds investing in Europe and Israel. Track partners, stages, and check sizes.

European Circular Bioeconomy Fund (ECBF VC)

DE

ECBF is a venture capital impact fund exclusively dedicated to the (circular-) bioeconomy, aiming to catalyze the transition towards a sustainable future. The fund invests in growth-stage companies that contribute to the shift from a fossil-based to a circular bio-based economy, aligning with the European Green Deal goals to achieve climate neutrality by 2050. They focus on building pan-European market leaders by supporting passionate and visionary entrepreneurs with high potential for innovation, favorable returns, and sustainable impact. ECBF's investment strategy involves providing flexible financing tools, ranging from equity to mezzanine, in syndicates with private and public investors. The fund's team brings over 100 years of VC and industry experience, possessing international networks of investors, companies, industry experts, and regional organizations within the bioeconomy. With a diverse team spanning 14 nationalities, ECBF combines economic and scientific expertise, long-standing experience in various fields, and an entrepreneurial spirit. The fund believes that impact and return go hand-in-hand, emphasizing that a corporate strategy aligned with ESG criteria is crucial for companies seeking a competitive advantage. They support founders whose technologies are revolutionizing industries, improving lives, and benefiting the environment. ECBF dives deep into specific areas of the bioeconomy, such as precision fermentation, biodegradable bioplastics, mycelium-based products, and autonomous farming technologies, seeking companies driving innovation in these spaces. Ultimately, ECBF aims to mobilize private capital for bioeconomy start-ups, fostering growth and sustainability within the sector. They actively monitor and report on the impact of their investments, showcasing their commitment to creating a positive environmental and social impact alongside financial returns.

Growth-stageCircular BioeconomyIndustrial Biotechnology

European Circular Bioeconomy Fund (ECBF)

EU

ECBF invests in Europe’s most promising bioeconomy companies, providing capital, deep sector expertise, and a powerful network to scale solutions that align economic growth with environmental and societal impact. Focus areas include food and nutrition, packaging, agriculture, and biotech, emphasizing business models with global potential and systemic change.

Companies developing solutions for a regenerative economywith a focus on sustainability

European Innovation Council (EIC)

Brussels, BE

The European Innovation Council (EIC) and SMEs Executive Agency (EISMEA) aims to reinforce the European Union’s position as a global leader in Research and Innovation, strengthen its Single Market, open up opportunities for SMEs, and maintain high standards of protection for its citizens towards a more competitive, digital, green, and inclusive EU. EISMEA provides high-quality support to European innovators, researchers, businesses, and consumers, focusing on transforming ideas into global market successes. This is done by managing initiatives such as the European Innovation Council Accelerator, EIC Transition, Women TechEU, and the European Innovation Ecosystems program, among others. The organization emphasizes the importance of scaling deep tech ventures, promoting women-led startups, and fostering cross-border collaborations within the European innovation ecosystem.

Early-stage start-ups, Transition projects (bringing research results closer to market), Scale-up companiesDeep TechDigital Ventures

European Innovation Council Fund (EIC Fund)

EU

The EIC Fund is the venture arm of the European Innovation Council and acts as an investment fund under private law with the European Commission as a shareholder. Its primary goal is to bridge the funding gap for breakthrough technologies in Europe, specifically focusing on high-risk deep tech innovators ranging from startups to mature scale-ups. The fund provides the investment component of the EIC Accelerator and the STEP call, aiming to support future global leaders by crowding in private capital as a strategic risk-taker. The fund operates across all verticals and throughout the EU and Horizon Europe countries, providing investments ranging from €0.5M to €30M. This investment is split, with investments between €0.5M–€10M channeled under the EIC Accelerator and investments from €10M–€30M under EIC STEP Scale Up. The EIC Fund supports game-changing innovators from early-stage startups to scaling deep tech leaders. Its edge lies in taking minority equity stakes (typically around 10% but can go up to 25%), offering follow-on funding in subsequent rounds, and creating thematic portfolios for strategic tech areas. Additionally, the fund has a Trusted Investors Network comprising 110+ trusted investors managing €360B+ assets. The fund's organisation structure ensures a blend of grant and equity support while inviting private capital for Europe’s most promising deep tech companies. The EIC Fund's structure includes the European Commission (shareholder), the EIB (investment advisor and future investor of record), an external Fund Manager, qualified investors who validate prospects, and co-investors who invest alongside the Fund. The EIC Fund Board oversees investment strategy, while the Advisory Committee provides independent advice. Company Board Representatives work with the EIB, the Fund Manager, the Board, and the European Commission to aid the growth of EIC-funded companies. EISMEA manages the grant component, selects companies for support, conducts due diligence, ensures grant/equity coordination, provides Business Acceleration Services, and operates a platform to connect companies with co-investors.

Early-stage startups to scaling deep tech leadersDeep techall verticals

European Innovation Council Fund (EICF)

BE

The European Innovation Council Fund (EICF) is the venture arm of the European Innovation Council, functioning as an investment fund under private law with the European Commission as a shareholder. Its primary objective is to bridge the funding gap for breakthrough technologies in Europe by providing the investment component for the EIC Accelerator and STEP calls. The fund invests in high-risk deep tech innovators, ranging from early-stage startups to mature scale-ups, with investments typically ranging from €0.5M to €30M. As a strategic risk-taker, the EICF aims to crowd in private capital and support future global leaders. The fund's approach involves taking minority equity stakes, typically around 10% but potentially up to 25%, and participating in follow-on funding rounds. It focuses on creating thematic portfolios in strategic tech areas and leverages a network of over 110 trusted investors managing over €360B in assets (Trusted Investors Network). This structure ensures a blend of grant and equity support to help promising deep tech companies. The EICF's organizational structure involves several key players: the European Commission as a shareholder, the EIB as an investment advisor and future investor of record, an external Fund Manager responsible for managing the portfolio and investment decisions, qualified investors who validate prospects, and co-investors who invest alongside the Fund. The EIC Fund Board oversees the investment strategy, while the EIC Fund Advisory Committee provides independent advice. The European Commission, through EISMEA, manages the grant component of the EIC Accelerator, selects companies for EIC support, conducts technology due diligence, and provides Business Acceleration Services.

Early-stage startups to scaling deep tech leadersDeep techall verticals

European Investment Bank

EU
E

The European Investment Bank (EIB) strategically invests in projects aligned with EU policy goals, fostering sustainable growth, innovation, and climate action both within and outside the European Union.

Early Stage, Late Stage

European Space Agency (ESA)

Paris, FR

The European Space Agency (ESA) is not a venture capital firm but rather an intergovernmental organization dedicated to space exploration and development. Its primary focus is on shaping the development of Europe's space capabilities and ensuring that investment in space continues to deliver benefits to the citizens of Europe and the world. ESA's strategy, outlined in 'Strategy 2040', revolves around five encompassing goals: protecting our planet and climate, exploring and discovering, strengthening European autonomy and resilience, boosting growth and competitiveness, and inspiring Europe. ESA works with various stakeholders including member states, industry partners, research institutions, and the public to achieve its goals. They offer business opportunities for companies seeking to work on space-related projects through open tenders and other initiatives. ESA's approach involves a broad range of activities, including scientific research, technology development, mission operations, and international cooperation. Their work spans various domains such as Earth observation, space science, human and robotic exploration, satellite navigation, space transportation, and space safety. Key programs include Copernicus for Earth observation, Galileo for satellite navigation, and various exploration missions like Juice and collaborations on projects such as the James Webb Space Telescope. ESA fosters innovation through initiatives like ESA BICs (Business Incubation Centres) and supports the commercialization of space technologies. Furthermore, they aim to provide secure and resilient space-enabled connectivity, focusing on European autonomy in critical technologies. ESA collaborates with industry partners to bring innovative space technologies to market, driving economic growth and competitiveness. It offers various ways for businesses to get involved, including responding to open tenders, participating in technology development programs, and partnering on commercialization efforts. They provide access to funding opportunities and resources through platforms such as ESA-STAR and emphasize the importance of small and medium-sized enterprises (SMEs) in the space sector. Recent initiatives include challenges and funding for smoother connectivity solutions through collaborations like ESA and GSMA Foundry. ESA also promotes industry events and provides tools like the REACH tool to assist businesses in complying with regulations on hazardous chemicals in the space industry. In summary, ESA aims to advance space technology and exploration, support innovation, and drive economic growth within its member states. They do this by setting strategic goals, funding research and development, collaborating with industry, fostering education, and promoting the benefits of space to society. While ESA does not operate as a venture capital firm in the traditional sense, it functions as a pivotal enabler and investor in the European space sector, stimulating innovation and commercial opportunities for companies that partner with the agency.

nullSpace scienceHuman and Robotic Exploration

European Space Agency (ESA) / ESA member states

FR

The European Space Agency (ESA) and its member states represent a unique investment landscape focused on advancing space exploration, technology, and applications. ESA's mission encompasses a broad range of activities, including scientific research, Earth observation, satellite navigation, space transportation, and technology development. Their strategic goals, outlined in Strategy 2040, emphasize protecting the planet and climate, exploring and discovering new frontiers, strengthening European autonomy and resilience, boosting growth and competitiveness, and inspiring Europe. Investment opportunities arise from ESA's collaborations with industry, research institutions, and SMEs, fostering innovation across various space-related sectors. ESA's approach to business involves providing funding, technical expertise, and access to infrastructure for companies developing space technologies and applications. They offer various programs and initiatives aimed at supporting businesses, particularly SMEs, through procurement contracts, technology transfer, and access to funding opportunities. ESA's Ministerial Council meetings, such as CM25, are key events where member states commit to funding for space programs, shaping the direction of future investments. These commitments drive demand for innovative solutions in areas like connectivity, secure communications, space safety, and technology development. Investing in companies aligned with ESA's strategic goals presents opportunities for high-impact ventures that contribute to both economic growth and societal benefit. ESA's support and network can provide a competitive advantage for companies seeking to develop and commercialize space-related technologies. The agency's focus on fostering European autonomy in space also creates opportunities for companies that can contribute to independent capabilities in areas such as satellite navigation, space transportation, and secure communications. Furthermore, ESA's emphasis on international collaboration and scientific advancement positions its partner companies to be at the forefront of global space innovation.

Not explicitly mentioned, but focus on companies involved in ESA programs suggests growth stages, potentially including some earlier-stage companies via specific ESA initiatives.Space ScienceHuman and Robotic Exploration

Evenlode Investment

GB

Evenlode Investment focuses on identifying high-quality, cash-generative businesses trading at attractive valuations, particularly UK companies that are out of favor compared to their global peers. The firm emphasizes long-term wealth creation through steady compounding, diligent risk management, and a commitment to ESG principles. They target companies with strong competitive moats, resilient earnings, and the ability to navigate volatile market conditions.

Mature, established businesses with strong market positions and recurring revenue streams. Focus on companies with resilient growth and long-term structural advantages.High-qualitycash-generative businesses with sustainable cash flows

Evli

Helsinki, FI

Evli is a Nordic wealth manager offering a range of investment services to individuals, corporations, and institutions. Their investment strategy focuses on providing results-oriented asset management, offering both active funds and tailored investment solutions. They emphasize expertise and a Nordic values-based approach to wealth management, aiming to create a more prosperous future for their clients. Evli offers personalized service for clients with over 300,000 EUR in investment assets, complete asset management with a minimum of 10,000 EUR investment, and a wide range of funds to suit different investment and risk profiles. Their alternative fund selection includes private equity, real estate, forestry, lending and infrastructure funds. These are suited only for professional investors due to their complexity and illiquidity.

Not explicitly mentioned, but services range from retail investors to institutional clients, suggesting a wide range of investment stages depending on the specific product.Asset ManagementFunds (Equity

Evolem

FR

Evolem is a family office that invests in and supports entrepreneurs across various sectors as a shareholder and philanthropist. Their investment philosophy centers around fostering sustainable initiatives that promote entrepreneurship, employment, and environmental stewardship. They offer assistance to small and medium-sized enterprises (SMEs) in their growth trajectory, help startups in establishing sustainable business models, and support non-profit organizations to amplify their impact. Evolem operates through multiple platforms, including Evolem Platform, which supports SME managers in their evolution towards becoming mid-sized companies (ETI) with a long-term strategic vision; Evolem Start, which is designed to bolster innovative projects in their commercial acceleration phase; Property investments, offering tailored support for senior managers' property requirements to align with their business development strategy; and Philanthropy, focusing on three key areas through financial support and the contribution of expertise.

Early stage, Growth stageSMEsStart-ups

Exor Seeds

Turin, IT

Exor builds great companies through long-term investments. The firm focuses on increasing its Net Asset Value (NAV) and aims to beat the MSCI World Index over the long term. They have a long entrepreneurial history based on more than a century of investments. Their approach to new company investments is based on their long experience of building companies, considering financial and business issues, and focusing on sustainable growth and value creation. Exor establishes Lingotto, a long-term investment management company, showcasing its commitment to fostering sustained value creation and strategic investments.

Early-stage venture platform (through Vento), Long-term investmentsLuxury goodsHealthcare

Expedition Growth Capital

GB

Expedition Growth Capital focuses on rapidly growing, bootstrapped software and AI companies that have a use for capital, rather than a need for it. They aim to provide growth capital and liquidity to ambitious founders looking to achieve category leadership. They position themselves as specialist partners, bringing relevant operational expertise and a track record of respectfully partnering with founders. They invest in companies with strong product-market fit, focusing on building durable leadership positions in targeted end markets. The firm emphasizes cultural alignment and integrity in their partnerships, offering freedom to founders while providing valuable advice and involvement. Expedition's portfolio companies demonstrate a focus on high-growth, capital-efficient models. They invest across various categories, including vertical AI, industrial software, financial software, cybersecurity, and customer engagement infrastructure. They support companies aiming for international expansion, particularly from Europe to the US, providing resources and expertise in areas like legal and scaling strategies. Expedition Growth Capital emphasizes a hands-on approach. They offer operational support through the Expedition Operations Group and insights through their news and resources. Their investments often support companies in key areas such as lean manufacturing, cybersecurity unification, and the green energy transition. They provide assistance with US expansion, as highlighted in their "Europe to US Series." With offices in London and Boston, Expedition targets companies ready to scale and achieve significant growth. They strive to be more than just investors, acting as true partners who understand the founder's vision and have a track record of nurturing success. This blend of financial investment, operational support, and strategic guidance positions them as a valuable resource for bootstrapped software and AI companies aiming to dominate their respective categories.

GrowthVertical AIindustrial software

Expeditions Fund

Warsaw, PL

Expeditions Fund focuses on the growing threats facing Europe, including war on its borders, energy dependency, technology gaps, cyberattacks, disinformation, and drone warfare. They believe that closer civil-military collaboration is Europe's opportunity to spark a new industrial renaissance, fusing defence needs with talent and entrepreneurial energy. Expeditions aims to back entrepreneurs designing the architecture of Europe's security, and in doing so, restoring its economic and strategic power. They also advocate for innovation in deep tech and defence, working to break down institutional resistance and drive policy changes that enable European founders to succeed.

early-stagecybersecurityintelligence

Export & Import Fund of Denmark (EIFO)

DK

Danmarks Eksport- og Investeringsfond (EIFO) supports Danish companies by providing capital, loans, and guarantees to drive growth, innovation, and global competitiveness. Key focus areas include defense and security, green transition, entrepreneurship, innovative technologies, and global business expansion. EIFO aims to strengthen Denmark’s economy by fostering job creation, revenue growth, and tax contributions through strategic investments in high-potential sectors.

All stages (early-stage to scale-up)Equity financingloans

Export and Investment Fund (EIFO)

Copenhagen, DK

EIFO, the Export and Investment Fund of Denmark, operates as a state-backed financing fund regulated by Danish law. Its primary objective is to assist Danish companies in initiating and scaling various endeavors, including innovative technologies, green transition initiatives, global business ventures, and growth and entrepreneurship projects. The fund seeks to contribute to Denmark's economic prosperity by supporting companies involved in areas such as defense and security, sustainable solutions, and innovative technologies. EIFO's strategy involves providing financial backing through investments and guarantees, as evidenced by their recent activities. The fund's strategic focus is centered around several key themes. Firstly, Denmark's security, where they aim to facilitate investments in defense and security technologies. Secondly, the green transition, supporting solutions that can be scaled effectively to address environmental challenges. Thirdly, growth and entrepreneurship, fostering the development of both small and large businesses. Finally, innovative technologies, backing transformative ideas with significant potential. EIFO's operational framework is guided by a series of policies, including ESG and sustainability considerations, as well as adherence to legal and ethical standards. EIFO's approach includes direct investments in companies, such as their investments in MATR Foods, a plant-based meat alternative producer, and Amaroq Minerals, a mining company in Greenland. They also provide financing guarantees for large-scale projects, such as offshore wind farms in Taiwan. Furthermore, EIFO is involved in international collaborations, as demonstrated by their participation in the Upfin fintech fund and their work with the EU to support exports to Ukraine. Through these various activities, EIFO aims to drive innovation, sustainability, and economic growth in Denmark and beyond. The recent annual reports indicate EIFO's financial performance and the scope of its activities, demonstrating its impact on the Danish business landscape. EIFO's overall investment strategy is further shaped by specific policies related to ESG, climate action, and transparency. These policies guide the fund's investment decisions and ensure alignment with broader societal goals. For example, the 'Policy for Financing/Investments Covered by Denmark's Green Future Fund' and the 'Climate policy' demonstrate a commitment to supporting environmentally friendly projects. The 'Transparency Policy' and 'Position paper on anti-bribery' highlight the fund's dedication to ethical and responsible investment practices. In essence, EIFO acts as a strategic partner for Danish companies, offering not only financial support but also guidance and expertise to help them succeed in a rapidly changing global market.

Not explicitly mentioned, but appears to cover growth and project financeDefense and securitygreen transition

Export and Investment Fund of Denmark (EIFO)

Copenhagen, DK

Danmarks Eksport- og Investeringsfond (EIFO) supports Danish companies by providing capital (equity, loans, guarantees) to drive growth, innovation, and global competitiveness. Key focus areas include defense technology, green transition, and disruptive tech solutions, aligning with national priorities like security, sustainability, and economic growth. EIFO mobilizes Danish pension capital and collaborates with partners (e.g., Danica) to strengthen European defense and tech ecosystems.

All stages (early-stage to scaleups)Equity financingloans

Extantia Capital

Germany

Extantia Capital is a venture capital firm founded in 2020 that invests in early-stage climate tech companies in Europe. As a climate tech generalist, they invest in software and hardware solutions that address large, near-term market opportunities with the power to redefine industries. They back pioneers who are finding new paths to unlock growth, focusing on re-engineered industries that create a faster, cheaper, and more sustainable future. Extantia aims to be a long-term partner providing hands-on support across commercialization, scaling the organization, and fundraising. They believe that capital is the greatest asset in our fight against climate change.

Seed, Series AClimate tech generalistsoftware

Extantia Climate Flagship II GmbH

DE

Extantia is a venture capital firm founded in 2020 that focuses on backing pioneers in climate technology. As a climate tech generalist, they invest in both software and hardware solutions that address significant, near-term market opportunities with the potential to reshape industries. Their investment strategy centers around identifying and supporting companies that are driving a faster, cheaper, and more sustainable future by re-engineering existing industries. The firm emphasizes the importance of capital in combating climate change and aims to be a long-term partner to its portfolio companies, offering hands-on support in areas like commercialization, organizational scaling, and fundraising.

Seed, Series AClimate techsoftware

ExtraVallis

Berlin, DE

ExtraVallis is a venture capital firm investing in early-stage European startups with the goal of bridging them to the US market. They focus on curating the best European startups in Pre-seed, Seed, and Series A rounds, adding value through mentorship and defining KPIs to allow continued investment through exit. They believe that Europe has the potential to approach Silicon Valley success and aim to provide US investors access to the best companies there. ExtraVallis believes that a high ROI can be achieved by focusing on 'dragons' rather than unicorns. They highlight that European startups have relatively low valuations compared to US startups, enabling an early-exit ROI strategy. They focus on select industries and geographies where they have deep expertise to enhance alignment with investors, reduce failure rates, and further improve return on investment. They seek motivated and coachable founder teams who can execute in large markets. The firm emphasizes immersion, discipline, and focusing on value in startup discovery. They are hands-on and tailored to address the gaps in the European startup ecosystem. They start relationships early, often at the university level, primarily investing in Germany, the Netherlands, the Baltics, and Scandinavia. Contrary to typical European practice, they lead funding rounds and build personal relationships with founders long before they seek venture capital, providing unique value and guidance from inception to US or European exit. ExtraVallis is committed to discovering and supporting unique founders, including women and other under-represented groups. Their dedication to these principles ensures they not only invest in businesses but also nurture the leaders who will drive future innovation.

Pre-seed, Seed, Series ANot explicitly specifiedbut implied to be technology

F VENTURES

Fukuoka, JP

F Ventures is an independent venture capital firm based in Fukuoka, Japan, specializing in seed-stage investments. They focus on backing digital native founders and younger generations who are building the future. The firm aims to support startups that can dramatically change the world, similar to Google and Facebook, originating from Fukuoka and Japan. They express a desire to partner with founders on the same level, rather than offering top-down "support." Their core belief is that future innovation will be driven by digital natives, and they strive to foster this ecosystem through events like TORYUMON, which connects young entrepreneurs with investors and resources.

Pre-seed, SeedWeb3

F-LOG Ventures

Greven, DE

F-LOG Ventures invests in founders transforming supply chains, logistics, and energy systems through applied AI, robotics, and automation. They provide operational insights, access to customer networks, and a transparent, fast decision-making process. Their portfolio benefits from real-world validation via FIEGE’s live logistics operations and co-investor relationships.

Early-StageApplied AI in Supply ChainRobotics & Automation

FACIT

Toronto, CA

FACIT operates as a commercialization venture firm focused on oncology innovation in Ontario. It identifies, accesses, and supports technologies with high potential to address unmet oncology needs by applying venture capital and market-driven investing principles. FACIT's model brings together entrepreneurial scientists, partner institutions, and other stakeholders to commercialize life science innovations. They actively partner with companies, providing capital, experienced executive management, and connections to their industry and investor network to help them grow and scale in Ontario. This "Ontario First" strategy aims to ensure that investments in cancer research have the best opportunity to impact patient care.

Seed, Series A, Series B, Series C, IPOOncologyTherapeutics

FBG Capital

CN

FBG Capital is a digital asset management firm specializing in blockchain-based capital markets. Founded in 2015, they are one of the earliest and largest investment firms in the blockchain space, focusing on early-stage companies that are driving disruptive innovations. Their investment strategy revolves around identifying and supporting companies that are building the future of decentralized technologies and applications. While the website doesn't explicitly detail their specific investment philosophy, the portfolio suggests a focus on various sub-sectors within blockchain, including DeFi, NFTs, Layer-1 and Layer-2 solutions, metaverse, and Web3 infrastructure. They seem to prioritize companies with strong teams, innovative technologies, and the potential to create significant value within the evolving digital asset landscape. Given the firm's background and portfolio, it's likely that FBG Capital actively engages with their portfolio companies, providing support in areas such as fundraising, business development, and strategic guidance. They leverage their extensive network and experience in the blockchain industry to help their portfolio companies navigate the complexities of the market and achieve their growth objectives. They appear to be active investors in the cryptocurrency and blockchain space. The firm invests across a wide variety of verticals within Web3. The firm also appears to be comfortable investing globally, with portfolio companies spanning various geographies.

Early StageDeFiNFTs