In no time, Luxembourg has turned out to be a powerhouse in the startup ecosystem, attracting many venture capital firms that ensure innovation and growth. To make it easier, we've put together an extensive list of venture capital investors, and our experts have handpicked the top 10 venture capital firms in Luxembourg just for you. You can find more details about investment opportunities here.
Here's a table that summarizes the overall VC data for a quick overview:
| VC Firm | Ticket Size | Stages | Founding Year |
|---|---|---|---|
| Mangrove Capital Partners | Not specified | Seed, Early Stage, Series A-C | 2000 |
| Fabric Ventures | $500,000 to $250,000,000 | Pre-Seed, Seed, Series A-B | 2017 |
| Runa Capital | $1,000,000 to $10,000,000 | Seed, Series A, Series B | 2010 |
| Expon Capital | $1,000,000 to $5,000,000 | Seed, Series A, Series B | 2015 |
| Maor Investments | Not specified | Growth Stage | 2017 |
| Cogito Capital Partners | $2,000,000 to $10,000,000 | Series A, Series B | 2018 |
| Basinghall Partners | €500K - €50M | Early Stage | 2017 |
| Vitruvian Partners | $42,000,000 to $634,000,000 | Growth Buyout, Growth Capital | 2006 |
| Kartesia | $50,000,000 to $70,000,000 | Series D | Not specified |
| Planet First Partners | $30,000,000 to $250,000,000 | Series C | Not specified |
1. Mangrove Capital Partners
Mangrove Capital Partners is a bold and patient Venture Capital firm mainly focused on supporting entrepreneurs in creating disruptive global tech companies. They specialize in early-stage investments, often joining before product launch. With a hands-on approach, they stand by founders through every step of the journey. Mangrove Capital Partners has backed unicorns like Skype and Wix, driven by the belief that great entrepreneurs and investors together can change the world.
- Website: mangrove.vc
- Founding Year: 2000
- Investment Range: Not specified
- Stage: Seed, Early Stage, Series A, Series B, Series C
- Sector: Technology, Health, Finance
- Geography: Europe, Israel
- Notable Investments: Badi, Exoticca, Adverity, Wix, Skype
2. Fabric Ventures
Fabric Ventures is a Venture Capital firm investing in the Open Web's boldest founders. They mainly focus on first-round investments, a strong thesis, and a community-first approach. Inspired by the interconnected threads of their fund, they always believe in the power of collaboration and compounding contributions. Fabric supports visionary entrepreneurs shaping the Open Economy, creating impact through innovation and collective strength.
- Website: fabric.vc
- Founding Year: 2017
- Investment Range: $500,000 to $250,000,000
- Stage: Pre-Seed, Seed, Series A, Series B
- Sector: FinTech, Crypto & Web3, Gaming
- Geography: Europe
- Notable Investments: Homa Games, NFL ALL DAY, Argent, Alliance, BlackPool
3. Runa Capital
Runa Capital is a global Venture Capital firm investing in early-stage tech startups, focusing on deep tech, enterprise software, and fintech. Founded by some serial entrepreneurs, they understand the challenges founders face and provide hands-on support to scale businesses. With investments in companies like NGINX and Mambu, Runa combines tech expertise and a strong transatlantic network to help ambitious founders build impactful, global companies.
- Website: runacap.com
- Founding Year: 2010
- Investment Range: $1,000,000 to $10,000,000
- Stage: Seed, Series A, Series B
- Sector: B2B SaaS, Deep Tech, FinTech, EdTech, Digital Health
- Geography: Europe, North America
- Notable Investments: Mambu, Smava, Lendio, Brainly, Goodays
4. Expon Capital
Expon Capital is a Venture Capital firm with a mission to back bold entrepreneurs solving valuable, global challenges through latest technology. Focused on impact, they invest in ambitious founders creating transformative solutions with exponential technologies. Headquartered in Luxembourg, Expon Capital connects innovation hubs worldwide and takes an active, hands-on approach. Their community-driven model supports founders with deep expertise, fostering meaningful impact and long-term growth.
- Website: exponcapital.com/
- Founding Year: 2015
- Investment Range: $1,000,000 to $5,000,000
- Stage: Seed, Series A, Series B
- Sector: Technology
- Geography: Global
- Notable Investments: Cascade, Coinhouse, Hydrosat, Verse, Hello Better
5. Maor Investments
Maor Investments is a Luxembourg-based Venture Capital fund supporting Israeli tech companies in scaling globally. They focus on revenue-generating startups with rapid growth, co-investing alongside top-tier lead investors. With deep ties to UK corporates, Maor acts as a gateway to Europe, helping Israeli startups connect with strategic customers, partners, and investors. Their hands-on approach and strong network empower founders to expand and succeed in diverse markets.
- Website: maorinvestments.com
- Founding Year: 2017
- Investment Range: Not specified
- Stage: Growth Stage
- Sector: Technology
- Geography: Israel, Europe
- Notable Investments: Not specified
6. Cogito Capital Partners
Cogito Capital Partners is a Venture Capital firm with offices in Warsaw and New York. They invest in later-stage B2B tech companies from the Central and Eastern Europe side, focusing on enterprise software, fintech, and healthtech sectors. Cogito partners with entrepreneurs, leveraging their international experience and network to help these companies scale globally and transform key industries.
- Website: cogitocap.com
- Founding Year: 2018
- Investment Range: $2,000,000 to $10,000,000
- Stage: Series A, Series B
- Sector: Enterprise Software, AI, FinTech, InsurTech, HealthTech, Mobility
- Geography: USA, UK, Poland, Belgium, Netherlands
- Notable Investments: Kriya, Ramp, Uncapped, Sky Engine AI
7. Basinghall Partners
Basinghall Partners helps early-stage European B2B ventures, driving innovation and growth.
- Website: basinghallpartners.com
- Founding Year: 2017
- Investment Range: €500K - €50M
- Stage: Early
- Sector: Supply Chain & Logistics, Big Data & Analytics, Marketing, IoT, AI & ML, Robotics, Crypto & Blockchain, Cybersecurity, AR & VR Investment
- Geography: United Kingdom, Portugal, Luxembourg, Germany
- Notable Investments: Arthur Bus, Conntac, Empion, Retorio, Tended
- Submit Pitch/ Contact: Link
8. Vitruvian Partners
Vitruvian Partners is an international investment firm backing entrepreneurs and high-growth companies. They specialize in dynamic situation buyouts and growth capital investments, partnering with some exceptional teams with sustainable growth and strategic value. With investments ranging from €40m to €600m+ in companies valued at €75m to €4bn+, Vitruvian focuses on enabling businesses to achieve their full potential on a global scale.
- Website: vitruvianpartners.com
- Founding Year: 2006
- Investment Range: $42- $634 Million
- Stage: Growth Buyout, Growth Capital
- Sector: Technology, Healthcare, Financial Services
- Geography: Europe, USA, Asia
- Notable Investments: Not specified
9. Kartesia
Kartesia is a mainly European asset manager specializing in private corporate lending and tailored credit solutions for some small and mid-sized companies. Through their four complementary strategies, they provide flexible financing to support value creation for sponsors, management teams, and corporates. With a proper disciplined approach and a focus on downside protection, Kartesia is dedicated to building a sustainable and diversified portfolio.
- Website: kartesia.com
- Founding Year:$10M - $158M
- Investment Range: $50,000,000 to $70,000,000
- Stage: Series D
- Sector: Mobility & Transportation
- Geography: Europe
- Notable Investments: Omnetic
10. Planet First Partners
Planet First Partners is a growth equity platform investing in tech-enabled businesses with a focus on sustainability and more profitable growth. As an Article 9 fund under the EU’s SFDR, they partner with disruptive entrepreneurs to accelerate sustainable development. Backed by a global team of experts and advisors, they strive to empower innovative and proper solutions that benefit people and the planet while delivering strong market returns.
- Website: planetfirst.partners
- Founding Year:$10M - $53M
- Investment Range: $30,000,000 to $250,000,000
- Stage: Series C
- Sector: Climate Tech & Green Tech, Foodtech, Hardware
- Geography: Europe
- Notable Investments: Riverlane, Sunfire, FINN
FAQ (Frequently Asked Questions)
- Is VC high risk?
Venture capital is a type of investment that can be risky but has the potential for high returns. However, there is no guarantee of success. Investing in startups is always uncertain, and you might lose your money. Even though VC firms try to minimize risks, investing in startups is always uncertain, and you might lose your money.
- What is the best country in Europe to set up a VC fund?
Luxembourg is ideal for setting up a VC fund in Europe due to its investor-friendly regulations, diverse investment vehicles, and a strong financial sector that supports local and foreign investors. The country's tax efficiency and stability further make it a preferred choice.
- Which European cities have the most VC investments?
The top cities for VC investments in Europe are London, Paris, Berlin, Amsterdam, and Stockholm. London leads with $22.67B in 2023, followed by Paris and Berlin. These cities are known for strong startup ecosystems and significant funding opportunities.
- What is the minimum amount for a VC fund?
Venture capital funds usually ask for a minimum investment of $250,000 to $500,000, and sometimes even more. Investing a small amount of money can still cost a lot. These funds are usually only open to wealthy people and big organizations that have a lot of money.
- How do I choose a VC fund?
To choose a VC fund, check how much experience and success the venture capital firm has had before. Look at the companies they’ve invested in before to see if they match what your business does. This can help you figure out if they’re a good match for you.
- Best of luck with your amazing ventures.
Please note that this list is filtered by various metrics, and all the data are collected through various third-party websites, mostly the VC website. Since data such as ticket size or industry may change, you are requested to visit the official website given in the blog for the latest and updated information.