FeaturesSignalPricingFounders
Log inGet started free
K

KfW

Venture CapitalActive

KfW is a German state-owned development bank.

Frankfurt, GermanyFounded 2010kfw.de/kfw.de.html
162
Investments
7
Exits
$1.5B
AUM
4.3%
Exit Rate

Get contact info, warm intros & fit scores

Sign up to unlock emails, Signal intro paths, and personalized fit analysis for KfW.

Get started free

Investment Thesis & Strategy

KfW invests in various stages of fintech companies, leveraging its position as a German state-owned development bank to support innovative financial technology solutions.

Investment Activity

Deals per year over the last 9 years

1
2013
1
2014
1
2015
1
2016
2
2017
1
2018
0
2019
1
2020
4
2021

Portfolio Companies

Selected investments from their portfolio of 162 companies

S
Sunfire
Cleantech · Growth, 2021
Active
E
Enapter
Cleantech · Growth, 2021
Active
L
Lilium
Transportation · Growth, 2021
Active
T
Trade Republic
Fintech · Growth, 2021
Active
N
Nagarro
Enterprise · Growth, 2020
Active
P
Personio
SaaS · Growth, 2018
Active
S
Sono Motors
Transportation · Growth, 2017
Active
C
Clark
Fintech · Series C+, 2017
Active
C
Celonis
SaaS · Growth, 2016
Active
e
eGym
Healthcare · Series C+, 2015
Active
T
Tado
IoT · Series B, 2014
Active
V
Volocopter
Transportation · Growth, 2013
Active

Notable Exits

CompanyTypeYearValue / Acquirer
ClarkAcquisition2024—
SmavaAcquisition2023—
eGymAcquisition2023—
Auto1 GroupIPO2021$11B
Home24IPO2018$400M
HelloFreshIPO2017$1.7B
Delivery HeroIPO2017$4.3B

Frequently Asked Questions

KfW focuses on Series A, Series B, Series C+ stage investments.

Related Investors

FinLab

Frankfurt, Germany · 28 deals

main incubator

Frankfurt, Germany · 25 deals

Angel Invest

Frankfurt, Germany · 18 deals

ERP Startfonds

Frankfurt, Germany · 12 deals

Future Capital

Frankfurt, Germany · 11 deals

HCS Beteiligungsgesellschaft

Frankfurt, Germany · 8 deals