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VC FundAllocates capital directlyActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 134 SOURCES

Earlybird Venture Capital

Also known as Earlybird, Earlybird GmbH & Co. KG, Earlybird DWES Management GmbH & Co. KG, Earlybird Growth Management GmbH & Co. KG, Earlybird VC Management GmbH & Co. KG, Earlybird Venture Capital GmbH & Co. KG, Earlybird-X

Berlin VC founded 1997 with €2.5bn under management; pre-seed to Series A in European AI, software infrastructure and deep tech, tickets up to €12m; closed €360m Fund VIII in 2026.

Berlin-based European VC founded 1997; not to be confused with Earlybird Health, the separately branded health fund, or with unrelated 'Early Bird' firms. E2D is a separate growth fund advised jointly with AVP.

HEADQUARTERS
Berlin, Germany
FOUNDED
1997
OUTSIDE CAPITAL
Yes
TEAM LISTED
14 people

FOCUS

STAGES
Pre-SeedSeedSeries AGrowth
ASSET MIX
Venture capital
GEOGRAPHY
Europe

WHAT IT IS

VC Fund. A fund manager investing capital raised from limited partners into startups.

  • Separately branded health-focused fund stream of the Earlybird group.
  • Fund stream investing in Central and Eastern Europe and Turkey (e.g. UiPath, Peak Games).
  • Growth fund stream (Earlybird Growth Opps V); Earlybird Growth Management GmbH & Co. KG is one of the group's ManCos listed in the SFDR disclosures.
  • VC incubator and impact fund for pre-seed startups founded by entrepreneurs with a migration background.
  • €500m European dual-use and defence growth fund launched with AVP in June 2026; Earlybird and AVP act as advisors; Airbus Defence and Space anchor LP, first investment Alta Ares (July 2026).

ABOUT

Earlybird is a European venture capital investor founded in 1997 and headquartered in Berlin, with offices in Munich, London and Milan. It reports €2.5bn of assets under management, initial tickets up to €12m and a stage mix of roughly 20% pre-seed, 60% seed and 20% Series A, investing in AI applications, software infrastructure and foundation models, and deep tech. Its funds are run by several German management companies registered under the KAGB and/or the EuVECA Regulation, and Earlybird GmbH & Co. KG holds a full BaFin licence (noted in its SFDR disclosures revised 1 July 2025). In April 2026 it closed its oversubscribed €360m early-stage Fund VIII, the largest in its history; past investments include N26, UiPath, Snyk, Aleph Alpha, Black Forest Labs and Isar Aerospace.

INVESTMENT THESIS

Backs European founders from Day One, often before a category is widely understood, across AI applications, software infrastructure and foundation models, and deep tech; mostly seed, with pre-seed and Series A, and follow-on support including a growth-opportunity fund stream.

PORTFOLIO (120)

  • 6 Wunderkinder GmbHNOTABLE
    Software & SaaS · since 2012 · Exited
  • AivenNOTABLE
    Software & SaaS · since 2019
  • Aleph AlphaNOTABLE
    Artificial Intelligence · since 2021
  • Black Forest LabsNOTABLE
    Artificial Intelligence · since 2024
  • InterhypNOTABLE
    Fintech · since 1999
  • Isar AerospaceNOTABLE
    Space · since 2019
  • Marvel FusionNOTABLE
    Climate & Energy · since 2022
  • N26NOTABLE
    Fintech · since 2014
  • NFON AGNOTABLE
    since 2010
  • Peak GamesNOTABLE
    Media & Entertainment · since 2011
  • SennderNOTABLE
    Mobility & Logistics · since 2017
  • SnykNOTABLE
    Software & SaaS · since 2020
  • SocialbakersNOTABLE
    since 2011
  • Tipp24 AGNOTABLE
    since 1999
  • UiPathNOTABLE
    Software & SaaS · since 2015
  • UpvestNOTABLE
    Fintech · since 2020
  • abaXX Technology AG
    Software & SaaS · since 1999 · Exited
  • Aiperia
    Software & SaaS · since 2022
  • Arago
    Deep Tech · since 2025
  • Aris Machina
    Software & SaaS · since 2025
  • Avrea
    Artificial Intelligence · since 2025
  • B2X GmbH
    Software & SaaS · since 2012
  • Bayshore
    Software & SaaS · since 2026
  • BigChainDB
    Artificial Intelligence · since 2015
  • Brandback
    Software & SaaS · since 2025
  • BridgeCo
    Software & SaaS · since 2000 · Exited
  • Briefcase
    Software & SaaS · since 2024
  • Carpooling.com
    Software & SaaS · since 2009 · Exited
  • CartoDB Inc
    Artificial Intelligence · since 2014
  • Ceartas DMCA Ltd
    Software & SaaS · since 2024
  • Celus
    Software & SaaS · since 2022
  • Certivity
    since 2022
  • Colibri
    since 2022
  • conjectAG
    since 2000
  • ConxAI
    since 2021
  • CrossEngage
    since 2018
  • CrossLend GmbH (The Thing GMBH)
    since 2018
  • Ctrl
    since 2023
  • dcs travel technologies
    since 2014
  • DeepCode
    Artificial Intelligence · since 2019 · Exited
  • dooyoo.de AG
    since 1999
  • Edyoucated
    since 2021
  • element 5 AG
    since 1999
  • eleQtron
    Deep Tech · since 2021
  • Korial
    since 2021
  • Ethon AI
    since 2023
  • eyva
    since 2024
  • finmid
    Fintech · since 2021
  • fintechOS
    Fintech · since 2019
  • FiteTV
    since 2014
  • Flanks
    since 2023
  • Freeverse
    since 2020
  • Getsafe
    Fintech · since 2019
  • Deed
    since 2021
  • Goodlegal
    since 2022
  • Greenlyte
    Climate & Energy · since 2023
  • Hakuna
    since 2022
  • HiveMQ
    since 2021
  • Hive Technologies
    since 2021
  • Identify Software Ltd.
    since 2001
  • Inkitt GmbH
    since 2015
  • Involve Space
    Space · since 2024
  • Junto Education GmbH
    since 2022
  • Keel
    since 2024
  • Kiwilogic.com AG
    since 1999
  • Koppla GmbH
    since 2021
  • Lexoo Ltd.
    since 2018
  • Liquid M, Inc.
    since 2013
  • M0
    since 2022
  • Matchory
    since 2022
  • minit
    since 2017
  • Mona AI
    since 2024
  • Mostly AI
    since 2020
  • Myriad AG
    since 2001
  • NcodiN
    since 2024
  • Neotaste
    since 2024
  • Neuracore
    Artificial Intelligence · since 2025
  • Nortech
    since 2023
  • Nosh.bio
    since 2023
  • Obligate (ex FQX)
    since 2021
  • OneFootball
    Media & Entertainment · since 2013
  • OneShield
    since 1999
  • ORis
    since 2026
  • Ottonova
    HealthTech · since 2021
  • PARIMA
    since 2021
  • peopleIX
    since 2025
  • Photoneo
    Deep Tech · since 2018
  • Pillar
    since 2026
  • Pointee
    since 2022
  • Porters
    since 2025
  • QuantumDiamonds
    Deep Tech · since 2023
  • RapidMiner
    since 2013
  • Recursive
    since 2026
  • remberg GmbH
    since 2022
  • Riiico
    since 2022
  • Ripe
    since 2022
  • Rivia
    HealthTech · since 2025
  • Scoreloop AG
    since 2009
  • Service Partner One GmbH
    since 2011
  • Sessions
    since 2022
  • ShapeShift
    since 2017
  • Sikoia
  • Simr
    since 2017
  • Simscale
    since 2014
  • Sintra
    Artificial Intelligence · since 2025
  • SLNG
    since 2025
  • smava
    Fintech · since 2007
  • spAitial Ai
    Artificial Intelligence · since 2025
  • Tasty Urban
    since 2023
  • Terralayr AG
    since 2023
  • The Interaction Company of California
    since 2025
  • ThingsThinking
    since 2021
  • TILT
    since 2022
  • TopK
    since 2025
  • Ubitricity GmbH
    Climate & Energy · since 2010
  • urbia.com
    since 1999
  • videdressing
    since 2013
  • Wallet Studio
    since 2024
  • Workist GmbH
    since 2022
  • Xayn AG
    since 2018

TEAM

  • Dr. Christian Nagel
    Co-Founder and General Partner; managing director (Impressum) · source
  • Dr. Hendrik Brandis
    Co-Founder and General Partner; managing director (Impressum) · source
  • Dr. Andre Retterath
    General Partner; managing director (Impressum) · source
  • Paul Klemm
    General Partner; managing director (Impressum) · source
  • Tim Rehder
    General Partner; managing director (Impressum) · source
  • Johannes Ziegler
    Managing director of Earlybird GmbH (Impressum) · source
  • Jochen Küst
    Managing director of Earlybird GmbH (Impressum) · source
  • Akash Bajwa
    Principal · source
  • Laura Waldenstrom
    Principal · source
  • Dr. Moritz Belling
    Principal · source
  • Nina Mayer
    Principal · source
  • Alina Bassi
    Principal · source
  • Hemini Mistry
    Principal, Investor Relations (joined August 2026) · source
  • Roland Manger
    Co-Founder · source

LINKS

FAQ

Earlybird Venture Capital is a VC fund based in Berlin, Germany, founded in 1997.

Yes. Earlybird Venture Capital invests directly in private companies.

Earlybird Venture Capital invests at Pre-Seed, Seed, Series A and Growth stages in Artificial Intelligence, Software & SaaS, Deep Tech, Fintech, Space and Climate & Energy.

Earlybird Venture Capital's stated ticket size is Up to €12M.

Key people at Earlybird Venture Capital include Dr. Christian Nagel (Co-Founder and General Partner; managing director (Impressum)), Dr. Hendrik Brandis (Co-Founder and General Partner; managing director (Impressum)), Dr. Andre Retterath (General Partner; managing director (Impressum)) and Paul Klemm (General Partner; managing director (Impressum)).

Earlybird Venture Capital's investments include 6 Wunderkinder GmbH, Aiven, Aleph Alpha, Black Forest Labs, Interhyp, Isar Aerospace, Marvel Fusion and N26, among others.

The most recent publicly reported investment by Earlybird Venture Capital is ORiS (New investment announced ('Why we're backing ORiS'); round size not disclosed), announced in Jul 2026.

Earlybird Venture Capital states that it accepts submissions through its official contact page.

Yes. Earlybird Venture Capital manages capital from outside investors.