WestTech Ventures

WestTech Ventures is a Berlin-based venture capital firm distinguished by its dual investment strategy, targeting both direct investments in early-stage B2B software startups in Germany and commitments to emerging VC funds across Europe. Established with a clear focus on the nascent stages of company development, WestTech positions itself as a crucial partner for founders navigating the pre-seed and seed phases. Their approach reflects a deep understanding of the European tech ecosystem, aiming to foster innovation directly while also supporting the broader venture capital landscape.

For direct startup investments, WestTech Ventures primarily backs B2B software companies based in Germany, with a particular interest in sectors such as SaaS, AI, Deep Tech, FinTech, and HealthTech. The firm typically deploys initial cheques ranging from €200,000 to €1 million. Converting this to US dollars using an approximate exchange rate of 1 EUR = 1.08 USD, this translates to a first cheque size between approximately $216,000 and $1,080,000. WestTech aims to be an active lead or co-lead investor, providing not just capital but also strategic guidance and access to their extensive network to help portfolio companies scale.

WestTech Ventures has demonstrated consistent growth and commitment to its investment thesis through its fundraises. Their first fund, WestTech Ventures Fund I, launched in 2014 with €15 million, followed by WestTech Ventures Fund II in 2020, which raised €30 million. This progression in fund size underscores their increasing capacity to deploy capital and support a growing portfolio. To date, the firm has made over 50 direct investments, contributing significantly to the development of the German B2B tech scene. Their strategic fund-of-funds activity further solidifies their role in nurturing the broader European venture capital ecosystem.