Firms

HV Capital

HV Capital

Munich, DE

HV Capital, formerly Holtzbrinck Ventures, is a European multistage investor founded in 2000. Venture leads Seed/Series A; Growth enters Series B and beyond. Fund X Ventures and Growth exist per 2025/2026 legal disclosures, with undisclosed size. Fund IX EUR710m contemporaneous close and EUR783m current official history remain unreconciled.

Founded
—
Type
Venture capital

Funds4

  • HV Capital Fund X Growth—

    SFDRaddedFundXGrowth2026-03-30; exists, amount/closeundisclosed; SeriesB/C/Dlaterinitial.

  • HV Capital Fund X Ventures—

    SFDRaddedFundXVentures2025-12-19; exists, amount/closeundisclosed.

  • HV Capital Fund IX—

    FundIXVenture/Growthaggregate contemporaneousEUR710mclosed versuscurrentofficialEUR783m conflict unresolved; do notcreateeachsplitEUR710m or silentlyselectfinalamount. AUMEUR2.8bn separate.

  • HV COCO Growth€430M

    Distinct2022continuationvehicle EUR430mreported2023-05-10, notfreshFundIXcapital.

Team

$25M$690K – $69MBerlin, Germany
$25M$690K – $69MBerlin, Germany
$25M$690K – $69MBerlin, Germany
$25M$690K – $69MBerlin, Germany
$25M$690K – $69MBerlin, Germany
$25M$690K – $69MBerlin, Germany
$25M$690K – $69MGermany
$25M$690K – $69MGermany
$25M$690K – $69MMunich, Germany
$25M$690K – $69MMunich, Germany

Co-investing

Speedinvest
Balderton Capital
Felix Klühr
Lakestar
Notion Capital

Investments