Munich Venture Partners

MVP Munich Venture Partners is a Munich-based European venture capital firm founded in 2005 and one of Germany's largest cleantech venture capital specialists. The firm's tagline is 'Driving the eco-industrial revolution,' and it invests in entrepreneurs transforming entire value chains in the most CO2 emission-intensive sectors: energy, mobility, agriculture and food, and industrial technologies. MVP is the Fraunhofer-Gesellschaft's preferred venture capital partner and has historically received support from the European Union's Competitiveness and Innovation Framework Programme. The firm leads rounds and typically deploys checks of $1 million to $10 million at Series A and B. The team is led by Founder and Partner Walter Grassl — an IT veteran, MIT scholar, and PhD in Informatics who previously sold Relayr, Proximetry, Communology, Right Hemisphere, and Visapix — alongside Founder and Venture Partner Rolf Nagel, Partner Martin Kroner, and Partner and CFO Michael Sailer. MVP's portfolio numbers approximately 20 companies with 10 acquisition exits. Notable portfolio companies include Sonnen (smart residential batteries, acquired by Shell), Relayr (industrial IoT, acquired by Teleperformance after raising a $23 million Series B with Munich Re Ventures and Kleiner Perkins), GreenCom Networks, electrochaea (power-to-gas), Fahrenheit (cooling technology), Prolupin (plant-based food), and LuxExcel (3D-printed lenses). With more than 15 years of continuous operation in European cleantech, MVP brings a patient capital model suited to the long development cycles of hardware, energy, and industrial ventures. The firm's Fraunhofer partnership and EU program participation give portfolio companies privileged access to applied research institutions and public co-investment programs, lowering commercial validation costs at critical early stages.