
b2venture
Description
b2venture, formerly known as btov Partners, is a distinguished European venture capital firm headquartered in Berlin, Germany, with additional offices across Europe. The firm focuses on early-stage investments, primarily targeting digital and industrial technology companies. A cornerstone of b2venture's unique investment model is its extensive network of over 250 private investors, known as "Partner Investors," who co-invest alongside the firm's institutional funds. This hybrid approach not only amplifies capital deployment but also provides portfolio companies with invaluable access to a diverse pool of entrepreneurial expertise and industry connections.
b2venture strategically invests across various sectors within the technology landscape, demonstrating a particular interest in B2B software, fintech, healthtech, and deep tech innovations. They engage with companies from Seed to Series B stages, providing crucial capital and strategic guidance during formative growth periods. Their investment philosophy emphasizes long-term partnerships, supporting founders beyond the initial capital injection through follow-on rounds and network leverage.
The firm manages significant capital, with its b2venture Fund IV successfully closing at over €100 million (approximately $108 million) in 2023, underscoring its capacity for substantial early-stage commitments. For initial investments, b2venture typically writes first checks ranging from €500,000 to €5 million (approximately $540,000 to $5.4 million). They also have the capacity for significant follow-on investments, potentially committing up to €20 million per company throughout its lifecycle. This flexible and robust funding strategy positions b2venture as a key player in the European venture capital ecosystem, dedicated to fostering the next generation of technology leaders.
Investor Profile
b2venture has backed more than 227 startups, with 14 new investments in the last 12 months alone. The firm has led 46 rounds, about 20% of its total and boasts 34 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Series B rounds (top funding stages).
- Majority of deals are located in Germany, Switzerland, United Kingdom.
- Strong thematic focus on Software, Health Care, Information Technology.
- Led 3 rounds in the past year.
- Typical check size: $540K – $5.4M.
Stage Focus
- Series A (28%)
- Seed (21%)
- Series B (18%)
- Series Unknown (13%)
- Pre Seed (7%)
- Series C (7%)
- Series D (3%)
- Series E (1%)
- Angel (1%)
Country Focus
- Germany (57%)
- Switzerland (17%)
- United Kingdom (7%)
- United States (4%)
- Israel (4%)
- Spain (2%)
- France (2%)
- The Netherlands (2%)
- Austria (1%)
- Italy (1%)
Industry Focus
- Software
- Health Care
- Information Technology
- Artificial Intelligence (Ai)
- Medical
- Financial Services
- Internet
- Fintech
- Biotechnology
- E-commerce
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.