Holtzbrinck

HV Capital, formerly known as HV Holtzbrinck Ventures, is a leading venture capital firm based in Munich and Berlin, Germany. Established in 2000, HV Capital has a robust track record of investing in early-stage and growth-stage companies across Europe, particularly in the tech sector. The firm manages over €2.8 billion in assets and has backed around 225 companies to date. The firm recently closed its largest fund yet, HV Capital Fund IX, at €710 million. This fund is split into two vehicles: Fund IX Venture, targeting early-stage investments, and Fund IX Growth, focusing on later-stage companies from Seed to Series D and beyond​. HV Capital's investment strategy includes initial ticket sizes ranging from €0.5 million to €60 million, with the capability to provide follow-on investments up to €100 million per company​. HV Capital's portfolio includes several successful companies such as Flixbus, HelloFresh, Delivery Hero, and SumUp. The firm also emphasizes sustainability, with specific commitments to advancing ESG (Environmental, Social, and Governance) principles within its investments​. The team at HV Capital consists of 35 members, including 14 partners, who leverage their extensive experience to support and grow their portfolio companies. The firm operates with a long-term perspective, often supporting companies for over a decade​.