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BY TYPE

37+ Government funds in Europe

Government-backed investment funds and agencies supporting startup ecosystems.

Top countries
Germany (10)
Luxembourg (3)
Ireland (2)
United States (2)
Finland (2)
Belgium (2)
Top sectors
Cleantech (26)
Deeptech (19)
AI (18)
SaaS (15)
Healthtech (11)
Enterprise (9)
Investment stages
Series A (31)
Seed (28)
Growth (18)
Series B (16)
Pre-seed (11)
Series C (4)

All government funds

Showing 37 investors, sorted alphabetically

ADQ

United Arab Emirates

Government
Deeptech
Healthtech
Foodtech
+3
Seed, Series A
www.adq.ae

Almi Invest

Sweden

Government
AI
Cleantech
Healthtech
+1
Seed, Series A
€100k - €850k
www.almi.se/en/venture-capital

aws Grunderfonds

Austria

Government
Enterprise
SaaS
AI
+3
Seed, Series A
€500k - €3M
www.gruendungsfonds.at

aws Gründungsfonds

United States

Government
AI
Cleantech
Fintech
+1
Pre-seed, Seed
€500k - €5M
gruenderfonds.at

Bayern Kapital

Germany

Government
AI
Biotech
Cleantech
+3
Pre-seed, Seed
€250k - €50M
bayernkapital.de

BDC Capital

Canada

Government
Enterprise
AI
Cleantech
+2
Pre-seed, Seed
€100k - €50M
www.bdc.ca/en/bdc-capital

Bpifrance

France

Government
AI
Cleantech
Consumer
+3
Seed, Series A
€200k - €10M
www.bpifrance.fr

British Patient Capital

United Kingdom

Government
Deeptech
Life Sciences
AI
+2
Series A, Series B
€23.5M - €118M
www.britishpatientcapital.co.uk

CDP Venture Capital

Italy

Government
Deeptech
Cleantech
Healthtech
+5
Seed, Series A
€2M - €30M
www.cdpventurecapital.it

coparion

Germany

Government
Consumer
Other
SaaS
Series C, Growth
€100k - €1.5M
coparion.vc

DeepTech & Climate Fonds

Germany

Government
AI
Biotech
Cleantech
+4
Series A, Series B
€1M - €30M
dtcf.de

EIFO

Denmark

Government
Deeptech
Cleantech
Life Sciences
+1
Seed, Series A
€670k - €26.8M
eifo.dk

EIT InnoEnergy

Netherlands

Government
Cleantech
Energy
Mobility
Seed, Series A
€500k - €5M
innoenergy.com

Enterprise Ireland

Ireland

Government
Enterprise
SaaS
Life Sciences
+3
Pre-seed, Seed
€2M - €50M
www.enterprise-ireland.com

European Investment Bank

Luxembourg

Government
Life Sciences
AI
Deeptech
+2
Series A, Series B
€7.5M - €50M
www.eib.org

European Investment Fund

Luxembourg

Government
Deeptech
Life Sciences
Cleantech
+3
Seed, Series A
€5M - €100M
www.eif.org

Fond-ICO Next Tech

Spain

Government
AI
Deeptech
Enterprise
+2
Series A, Series B
€10M - €100M
www.axispart.com/en/web/axis/fond-ico-next-tech

Hessen Kapital

Germany

Government
Cleantech
Fintech
Other
+1
Seed, Series A
€100k - €1.5M
hessen-kapital.de

Hiventures

Hungary

Government
SaaS
Enterprise
Deeptech
+2
Pre-seed, Seed
€25k - €3.5M
www.hiventures.hu

HTGF | High-Tech Gruenderfonds

Germany

Government
Cleantech
Other
Pre-seed, Seed
€800k - €4M
htgf.de

IBB Ventures

Germany

Government
Deeptech
Life Sciences
Cleantech
Seed, Series A
€500k - €3M
ibbventures.de

Investinor

Norway

Government
Biotech
Cleantech
Edtech
+3
Series C, Growth
From €3M
investinor.no

ISIF

Ireland

Government
Enterprise
Life Sciences
AI
+2
Series A, Series B
€10M - €50M
isif.ie

KfW Capital

Germany

Government
Deeptech
Life Sciences
Cleantech
Seed, Series A
kfw-capital.de

LRM

Belgium

Government
SaaS
Biotech
Cleantech
+1
Seed, Series A
€250k - €10M
lrm.be

NATO Innovation Fund

Luxembourg

Government
Defence
Deeptech
Cybersecurity
+4
Seed, Series A
€5M - €15M
www.nif.fund

NBank Capital

Germany

Government
Biotech
Cleantech
Healthtech
+2
Seed, Growth
€150k - €2.5M
nbank.de

PFR Ventures

Poland

Government
Deeptech
AI
Enterprise
+2
Pre-seed, Seed
€50k - €4M
pfrventures.pl/en

PMV

Belgium

Government
SaaS
Biotech
Cleantech
+1
Pre-seed, Seed
€250k - €10M
www.pmv.eu

Portugal Ventures

Portugal

Government
SaaS
Healthtech
Deeptech
+3
Pre-seed, Seed
€100k - €1.5M
www.portugalventures.pt

Sitra

Finland

Government
Cleantech
Other
Seed, Series A
sitra.fi

SmartCap

Estonia

Government
Deeptech
Cleantech
Defence
Pre-seed, Seed
€2M - €20M
smartcap.ee

tecnet equity

United States

Government
Biotech
Manufacturing
Series A, Series B
€300k - €3M
tecnet.at

Tesi

Finland

Government
Series A, Series B
From €3M
tesi.fi

TGFS - Technologiegründerfonds Sachsen

Germany

Government
Edtech
Energy
Hardware
+2
Seed, Series A
€100k - €1M
tgfs.de

VC Fonds Kreativwirtschaft

Germany

Government
Biotech
Manufacturing
Other
+1
Seed, Series A
€250k - €4M
ibbventures.de

Venture Kick

Switzerland

Government
Pre-seed, Seed
€10k - €150k
venturekick.ch

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