E-commerce investors backing startups in Germany
39 investors hold two or more e-commerce startups in Germany each, 100 portfolio startups in all. The most active here are CoCo Finance (18), High-Tech Gründerfonds (12) and Techstars (7). 9 of them are accelerators.
Investors by their portfolio companiesRebuilt 8 Nov 2026
investors
39
portfolio startups
100
accelerators
9
Investors backing startups in Germany
| Investor | Startups here | Portfolio rounds, 12 mo | Latest activity |
|---|---|---|---|
 CoCo FinanceVenture capital · Germany · Choco, roadsurfer, AUTO1 Group | 18 | 5 | Aug 2026 |
 High-Tech GründerfondsAccelerator · Germany · Datarade, Mister Spex, commercetools | 12 | 48 | Nov 2026 |
 TechstarsAccelerator · United States · Datarade, Grips, Integrations AB | 7 | 98 | Nov 2026 |
 Insight PartnersVenture capital · United States · HelloFresh, Choco, Delivery Hero | 7 | 82 | Nov 2026 |
 Target GlobalVenture capital · Germany · Delivery Hero, Flink, Choco | 7 | 5 | Sep 2026 |
 SpeedinvestVenture capital · Austria · Refurbed, Ambio, konfetti | 6 | 30 | Nov 2026 |
 HV CapitalVenture capital · Germany · roadsurfer, home24, Dance | 6 | 2 | May 2026 |
 Point NineVenture capital · Germany · Westwing, momox, Mister Spex | 5 | 14 | Oct 2026 |
 AtlanticVenture capital · Germany · Choco, Zenjob, GetYourGuide | 5 | 11 | Oct 2026 |
 IBB VenturesVenture capital · Germany · Smart Host, Wonnda, Hrmony | 5 | 5 | Sep 2026 |
 Y CombinatorAccelerator · United States · SENIC, Lightmeter, Sanvivo | 4 | 256 | Oct 2026 |
 Bayern KapitalVenture capital · Germany · commercetools, adnymics, WorkerHero | 4 | 24 | Aug 2026 |
 Left Lane CapitalVenture capital · United States · HelloFresh, Delivery Hero, Choco | 4 | 21 | Oct 2026 |
 b2ventureAngel network · Switzerland · Ambio, Kaufland, FAAREN | 4 | 13 | Oct 2026 |
 Project AVenture capital · Germany · Spryker, Andercore, kfzteile24 | 4 | 13 | Sep 2026 |
 Acton CapitalVenture capital · Germany · HelloFresh, home24, momox | 4 | 7 | Aug 2026 |
| VVorwerk VenturesVenture capital · LILLYDOO, HelloFresh, Rebike | 4 | 4 | Sep 2026 |
 Molten VenturesVenture capital · United Kingdom · Choco, Fy!, Schüttflix | 3 | 29 | Oct 2026 |
 PartechVenture capital · France · KoRo, ablefy, KoRo | 3 | 28 | Oct 2026 |
 North ZoneVenture capital · United Kingdom · Flink, CarOnSale, Distribusion | 3 | 24 | Oct 2026 |
 Cherry VenturesVenture capital · Germany · Flink, AUTO1 Group, SellerX | 3 | 11 | Oct 2026 |
 Plug and PlayAccelerator · United States · 2trde, truckoo | 2 | 152 | Nov 2026 |
 AccelVenture capital · United States · CHECK24, commercetools | 2 | 83 | Oct 2026 |
 SeedcampAccelerator · United Kingdom · Grover, Vanilla Steel | 2 | 61 | Nov 2026 |
 AntlerAccelerator · Singapore · Comet, Zahlo | 2 | 52 | Nov 2026 |
 Battery VenturesVenture capital · United States · GetYourGuide, Vercore | 2 | 36 | Nov 2026 |
 500 GlobalAccelerator · United States · Zenjob, Fy! | 2 | 35 | Oct 2026 |
 D11Z. VenturesAccelerator · Germany · Unchained Robotics, Otark | 2 | 9 | Nov 2026 |
 DN CapitalVenture capital · United Kingdom · AUTO1 Group, Mister Spex | 2 | 8 | Sep 2026 |
 Bm TVenture capital · Germany · rooom, Pamyra | 2 | 6 | Aug 2026 |
 Venture StarsVenture capital · Germany · Smart Host, Otark | 2 | 6 | Aug 2026 |
 42CAPVenture capital · Germany · Scoutbee, Smatch GmbH | 2 | 5 | Oct 2026 |
 Peak CapitalVenture capital · Netherlands · Frontnow, konfetti | 2 | 5 | Oct 2026 |
| WWaVe-XVenture capital · Schüttflix, truckoo | 2 | 5 | Aug 2026 |
 Irregular ExpressionsVenture capital · Zalando, Datalogue | 2 | 3 | Oct 2026 |
 Trind VenturesVenture capital · Estonia · Aampere, SACLÀB | 2 | 3 | Jul 2026 |
 CoparionVenture capital · Germany · Grover, 35up | 2 | 2 | Sep 2026 |
 FORUM Family OfficePrivate equity · Germany · SoftTec GmbH, CWG Watertechnology | 2 | – | – |
 Hanse VenturesAccelerator · Germany · Fulfillment Scout, Savings United | 2 | – | – |
The most backed startups in Germany
| Startup | Investors in this list |
|---|---|
 Choco | 6 |
 commercetools | 5 |
 Schüttflix | 5 |
 Delivery Hero | 4 |
 AUTO1 Group | 4 |
 Zenjob | 3 |
 Dance | 3 |
 Smart Host | 3 |
 CarOnSale | 3 |
 Flink | 3 |
 Grover | 3 |
 HelloFresh | 3 |
 momox | 3 |
 Mister Spex | 3 |
 Datarade | 2 |
By country
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Questions
Who invests in e-commerce startups in Germany?
39 investors hold two or more e-commerce startups in Germany each, 100 portfolio startups in all. The most active here are CoCo Finance (18), High-Tech Gründerfonds (12) and Techstars (7). 9 of them are accelerators.
How is this list built?
From what each investor holds: the portfolio page it publishes, the Y Combinator directory and the announced rounds that name it. An investor counts for Germany when at least two of its portfolio companies are based there; the list is rebuilt every night from 2,417 portfolios.
Source: investors' portfolio pages and announced rounds, 2,417 portfoliosUpdated 8 Nov 2026MethodologyJSONCC BY-SA 4.0