Table 1 lists the top 10 German VC firms according to assets under management as of April 2022. Target Global, the only German VC firm in top 10 VC firms EU, is at the top of the lists with 3.5 billion under management with 0.5 billion more than in 2021. The AuM by the leading German VC firms is slightly more than € 1 billion. The top four in the list represent 82.8% of the total AuM and the rest have an average of only € 346.6 million euro which is quite small compared to € 2.1 billion of the top four VC firms.
In Figure 1, the visual on the left side represents the breakdown of the geographical location of these firms. Berlin, the startup hub of Germany has seven out of these top 10 VC firms, while Munich has two and one firm from Bonn. The visual on the right-hand side gives an overview of the investment made by these companies in respective investment stages. Though only two firms invest in all stages, yet the amount of investment is 7.84% more than the investments made by the six VC firms in seed or early-stages.
