Frankfurt Skyline

    Investment programmes of KfW Capital

    KfW Capital is an institutional investor that invests across all phases and sectors in venture capital and venture debt funds with a focus on Germany. These funds in turn invest in young, technology-oriented companies that put new, innovative ideas into practice, create jobs and secure the basis for future prosperity and growth in Germany and Europe.

    ERP-VC fund investments and ERP / Zukunftsfonds-Growth Facility

    With the support of the ERP Special Fund and the Future Fund, KfW Capital is investing in European VC funds with a focus on Germany.

    Emerging Manager Facility

    KfW Capital invests as part of the Zukunftsfonds. The objective: to improve market entry for women or gender-diverse teams with a smaller fund volume.

    Impact Facility

    Through the new Impact Facility, KfW Capital invests in German and European VC funds with a focus on social and environmental impact as well as financial returns.

    Please check our investment criteria according to this Onepager.

    If the result is positive please send the current deck (incl. management, investment strategy, track record, exposure to Germany) to .