Vanagon Ventures has closed a €20 million fund focused on backing Europe’s earliest DeepTech and AI startups, doubling down on a segment many investors still hesitate to enter. Based in Munich, the firm plans to invest up to €500,000 at pre-seed into B2B founders building across AI, quantum computing, robotics, and frontier software, where technical depth and long development cycles demand conviction from day one.
The fund is backed by Allocator One and global technology leaders, reflecting growing confidence in Europe’s ability to produce system-level innovation rather than incremental SaaS plays. Vanagon’s partners argue that traditional venture models are poorly suited to DeepTech, where early signals look different and scaling logic doesn’t follow familiar playbooks.
GP Sandro Stark emphasises that Vanagon was designed specifically for this gap, backing “relentless founders on their life’s mission” before commercial proof appears. Susanne Fromm adds that as AI reshapes markets, the steepest value creation is shifting earlier, making pre-seed the most strategic entry point. For Axel Roitzsch, DeepTech is now tied directly to Europe’s innovation sovereignty and economic power.
By committing early capital to technically ambitious teams, Vanagon is positioning itself at the foundation of Europe’s next innovation cycle where hard problems, not fast demos, define long-term value.
