UVC Partners expands fund to 400 million euros

UVC Partners is expanding its existing fund, allocating an additional €150 million for growth investments. This brings the total amount of fresh capital the investor manages for technology startups to €400 million. The Munich-based VC is thus broadening its focus from early-stage financing to include investments in later rounds.

UVC Partners announced the closing of its early-stage fund, 'UVC Fund IV', at the end of 2024. Now, a growth fund is being added. Going forward, the investor plans to finance companies from the early stages through Series B and beyond, both by acquiring new investments and expanding existing positions.

Ingo Potthof, Managing Partner at UVC Partners, says:

"The fund has attracted considerable interest from investors and sends a clear signal to founders: Fresh capital is available. This allows us to invest regardless of the stage – from the early stages through Series B."

More capital for later rounds

With this additional capital, UVC Partners is responding to the increased financing needs of startups in their growth phase. According to the investor, initial funding rounds, regardless of the startup's stage, can reach up to €10 million. The two funds combined can provide up to €30 million per company. More than 50 percent of the capital is reserved for follow-on financing.

The plan includes 25 to 30 investments in companies from pre-seed and seed stages up to Series A. In addition, there will be eight to twelve investments from Series B onwards, in both new and existing portfolio companies. The Growth Fund is therefore intended not only to identify new targets, but above all to fill the gaps where the early-stage fund reaches its limits.

John of Borries, Managing Partner at UVC Partners, says:

"With our new Growth Fund, we combine the best of both worlds. We are specifically increasing our stakes in our most successful portfolio companies and expanding our holdings when investments cannot be fully covered by the early-stage fund."

UVC Partners is also leaving the fund open to further investors. The company expects a final closing in late summer 2026.

UnternehmerTUM as a lever

To justify its expanded approach, UVC Partners points to developments within its own portfolio. Companies from the fields of deeptech, climatetech, mobility, and software/AI are cited. The investor lists, among others, Munich-based startups as references. Isar Aerospace, Proxima Fusion, Reverion, Finn, Flix, Planqc, Tacto, Deep Drive and Stable to.

UVC Partners is also an independent partner of UnternehmerTUM This links the new fund to access to industrial companies, experts, laboratories, and talent from the Technical University of Munich. The company thus presents the Growth Fund not only as a source of capital but also as a continuation of its operational support model.

With the additional capital UVC Partners The consequence of a development that concerns many venture capitalists in Europe is that early-stage investments alone are often no longer sufficient if promising startups want to grow in capital-intensive technology fields. The new fund aims to close precisely this gap.