Vanagon Ventures
Also known as Vanagon Ventures Management GmbH, Vanagon Ventures Fund I GmbH & Co. KG, Vanagon
Munich (pre-)seed VC founded 2023 (registered AIFM, § 2(4) KAGB) leading first rounds of up to €500k in European deep-tech and AI-native startups via Vanagon Ventures Fund I.
- HEADQUARTERS
- Munich, Germany
- FOUNDED
- 2023
- AUM
- —
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 3 people
Focus
- STAGES
- Pre-SeedSeed
- ASSET MIX
- Venture capital
- GEOGRAPHY
- GermanyAustriaSwitzerlandEurope
Investment arms & vehicles
- Fund (SFDR Art. 8) investing at pre-seed and seed stage, managed by Vanagon Ventures Management GmbH
Overview
Vanagon Ventures Management GmbH is a Munich-based (pre-)seed venture capital manager founded in 2023 and registered as an alternative investment fund manager under section 2(4) KAGB. Through Vanagon Ventures Fund I GmbH & Co. KG it backs deep-tech and AI-native founders in industrial, nature and digital infrastructure, writing first cheques of up to €500k, typically as lead investor, with a DACH focus. The general partners are Sandro Stark, Susanne Fromm and Axel Roitzsch.
Investment thesis
(Pre-)seed fund for deep-tech and AI-native founders in 'sovereign-edge' technology across industrial, nature and digital infrastructure (autonomous manufacturing, industrial AI, robotics, future materials, geospatial intelligence, quantum and deep software), leading first rounds with up to €500k and helping founders raise towards Series A.
PORTFOLIO (13)
- Industrial & Manufacturing
- Artificial Intelligence
- Deep Tech
- Artificial Intelligence
- Deep Tech · since 2026
- Artificial Intelligence
- Artificial Intelligence
- Artificial Intelligence
- Industrial & Manufacturing
- Artificial Intelligence
- Software & SaaS
- The Landbanking GroupFintech
- MIR InsightArtificial Intelligence · since 2025
People
Links
Frequently asked questions
Vanagon Ventures is a VC fund based in Munich, Germany, founded in 2023.
Yes. Vanagon Ventures invests its own capital in private companies.
Vanagon Ventures invests at Pre-Seed and Seed stages in Deep Tech, Artificial Intelligence, Industrial & Manufacturing, Climate & Energy and Software & SaaS.
Vanagon Ventures's stated ticket size is Up to €500K.
Key people at Vanagon Ventures include Sandro Stark (General Partner; editorially responsible per Impressum), Susanne Fromm (General Partner) and Axel Roitzsch (General Partner).
Vanagon Ventures's investments include Evasive Robotics, Tentris, Quantum for Programmers, Finches, Ewigbyte, Bench, Sybilion and Neuramancer, among others.
The most recent publicly reported investment by Vanagon Ventures is Ewigbyte (Pre-seed (€1.6m, co-led with Bayern Kapital)), announced in Feb 2026.
Vanagon Ventures states that it accepts submissions through its official contact page.
Yes. Vanagon Ventures manages capital from outside investors.