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KfW Capital

kfw-capital.de Limited partner

KfW Capital is a wholly-owned subsidiary of KfW Bankengruppe that invests in German and European venture capital and venture debt funds to strengthen their capital base, aiming to improve access to capital for technology-oriented growth companies in Germany.

KfW Capital is a public fund headquartered in Frankfurt am Main, Germany. It invests in funds as a limited partner, from seed to growth, in venture Capital, venture Debt, DeepTech and KI. 150 portfolio companies, as it reports.

“KfW Capital ist Wegbereiter für Innovation und Wachstum. Als 100%ige Tochter der KfW Bankengruppe investieren wir in deutsche und europäische Venture Capital (VC)- und Venture Debt-Fonds und stärken damit deren Kapitalbasis.”

KfW Capital, own website
Layer
Limited partner
Type
Public fund
Stage
SeedGrowth
Headquarters
Frankfurt am Main, Germany
Invests in
Deutschland, Europa
Sectors
Venture Capital, Venture Debt, DeepTech, KI, BioTech, ClimateTech, DefenceTech, FinTech
Portfolio
150 companies

Team, as KfW Capital publishes it

  • Dr. Jörg Goschin Vorsitzender der Geschäftsführung
  • Max Wirsching Head Private Capital Solutions

Names and roles exactly as listed on kfw-capital.de. Nothing else about these people is recorded.

Co-invests most often with

Derived from portfolio pages both investors publish themselves: each pair below lists at least one company in common. 22 co-investors found.

  • Angel Invest 11 shared companies: partechpartners.com, extantia.com, cventures.vc, lafamiglia.vc…
  • BOM (Brabantse Ontwikkelings Maatschappij) 6 shared companies: biogenerationventures.com, endeit.com, forbion.com, gildehealthcare.com…
  • Runa Capital 5 shared companies: earlybird.com, coparion.vc, partechpartners.com, ventechvc.com…
  • Quadrille Capital 5 shared companies: partechpartners.com, forbion.com, singular.vc, felixcap.com…
  • CDP Venture Capital Sgr 4 shared companies: earlybird.com, partechpartners.com, join.capital, sofinnovapartners.com
  • Yıldız Ventures 3 shared companies: earlybird.com, speedinvest.com, foodlabs.com
  • Leo Capital 2 shared companies: endeit.com, oxx.vc
  • VP Capital 2 shared companies: gildehealthcare.com, worldfund.vc
  • AgFunder 2 shared companies: ananda.vc, greengenerationfund.com
  • WestTech Ventures 2 shared companies: capnamic.com, project-a.com

and 12 more — the graph.

Where this comes from

Every fact above was read from a page KfW Capital publishes itself. Nothing is taken from third-party databases. Investment activity (deals, co-investors) is not yet recorded.

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Record 326 · added 2026-08-28 · link last verified 2026-09-06 · confidence high

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