30 Best Active Govtech Investors in 2025
Last update to the database: Apr 7, 2026. See changelog.
Investor Rankings are calculated using our Seedtable Score – a 1 to 100 score that uses quantitative and qualitative data points (like the size of their fund or the quality of the companies they invested in) to signal the strength behind an investor. A score closer to 100 indicates an investor is worth watching closely.
Seedtable Raise
DownloadSeedtable Raise includes a comprehensive database of 3,000+ active European and global investors.
List of 30 top VCs
Prima Materia is a European venture capital fund based in Stockholm. They invest in early and growth stages, including Series A and B, across sectors such as manufacturing, climate tech, AI, health tech, and gaming. The fund has supported companies like H2 Green Steel, Northvolt, and Homa Games. Prima Materia aims to back ventures that drive significant advancements in their industries.
Offices:
Stockholm (HQ)
Investment Stage:
Series A, Series B, Unknown
Check Size:
$100k - $1B
Industries:
Climate Tech & Green Tech, Health Tech, Govtech
Top investments in :
General Catalyst is a venture capital firm that invests in early-stage start-ups in education, research, health care, and social work.
Offices:
Cambridge (HQ)
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Series D, Series E, Series F, Unknown
Check Size:
$100k - $1B
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in :
True Ventures is a venture capital firm investing in early-stage technology companies.
Offices:
No data available
Investment Stage:
No data available
Check Size:
$100k - $500k
Industries:
No data available
Top investments in :
No data available
True Ventures is a venture capital firm investing in early-stage technology companies.
Offices:
San Francisco
Palo Alto (HQ)
San Francisco
Palo Alto (HQ)
Investment Stage:
Seed, Series A, Series B, Series C, Series D, Unknown
Check Size:
$100k - $250M
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in :
HV Capital is a venture capital and private equity firm in Müchen Bayern.
Offices:
Berlin
Munich (HQ)
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Series D, Series E, Series F, Unknown
Check Size:
$100k - $250M
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in :
Molten Ventures - previously Draper Esprit - is the first European tech-focused VC not tied to five-year cycles.
Offices:
London (HQ)
Dublin
Investment Stage:
Seed, Series A, Series B, Series C, Series D, Series E, Unknown
Check Size:
$100k - $250M
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in :
Cavalry Ventures Management, based in Berlin, invests in early-stage tech companies from pre-seed to Series C. Their focus areas include fintech, health tech, and AI, with check sizes ranging from $500,000 to $2,000,000. Notable investments include Medbelle and Xaver. Cavalry Ventures aims to help innovative startups grow and succeed through funding and strategic support.
Offices:
Berlin (HQ)
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Unknown
Check Size:
$100k - $70M
Industries:
Health Tech, FinTech, Govtech
Top investments in :
Kima Ventures promotes the growth of startups, supporting them in the fastest and most effective ways.
Offices:
No data available
Investment Stage:
No data available
Check Size:
$100k - $500k
Industries:
No data available
Top investments in :
No data available
Kima Ventures promotes the growth of startups, supporting them in the fastest and most effective ways.
Offices:
Paris (HQ)
Paris (HQ)
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Unknown
Check Size:
$100k - $50M
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in :
Norrsken VC invests in startups that solve the world's biggest problems while building massive businesses
Offices:
No data available
Investment Stage:
No data available
Check Size:
$100k - $500k
Industries:
No data available
Top investments in :
No data available
NordicNinja VC, based in Helsinki, invests in tech startups from seed to series D stages, with investments ranging from $1M to $6M. Their focus includes AI, data analytics, mobility, gaming, health tech, and more. Notable investments include Onego Bio and Einride. The fund supports Nordic and Baltic companies that are shaping the future.
Offices:
Helsinki (HQ)
Stockholm
Tallinn
Investment Stage:
Seed, Series A, Series B, Series C, Series D, Unknown
Check Size:
$100k - $250M
Industries:
Climate Tech & Green Tech, Health Tech, FinTech
Top investments in :
Almi Invest is a venture capital fund based in Stockholm that supports Swedish companies with scalable business models. They invest in businesses at various stages, from early ideas to expanding ventures, across industries such as health tech and fintech. Notable investments include Apica and ClimateView. Their goal is to help Swedish businesses grow and succeed.
Offices:
Stockholm (HQ)
Investment Stage:
Pre Seed, Seed, Series A, Series B, Unknown
Check Size:
$100k - $20M
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in :
Norrsken VC invests in startups that solve the world's biggest problems while building massive businesses
Offices:
No data available
Investment Stage:
No data available
Check Size:
$100k - $500k
Industries:
No data available
Top investments in :
No data available
Norrsken VC invests in startups that solve the world's biggest problems while building massive businesses
Offices:
Stockholm (HQ)
Stockholm (HQ)
Stockholm (HQ)
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Unknown
Check Size:
$100k - $1B
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in :
SYSTEMIQ backs late seed to Series A/B climate tech entrepreneurs who benefit from access to our unparalleled climate knowledge and networks
Offices:
London (HQ)
Munich
Amsterdam
Investment Stage:
Series A, Series B, Unknown
Check Size:
$100k - $30M
Industries:
Climate Tech & Green Tech, Govtech, AI
Top investments in :
Nordic Makers is a venture capital fund based in Stockholm. They invest €500,000 to €2,000,000 in early-stage companies in technology, green energy, real estate, and finance. They support ambitious founders with time and resources, aiming to help promising startups grow. Notable investments include ClimateView, Labster, and Meeshkan.
Offices:
Stockholm (HQ)
Copenhagen
Investment Stage:
Pre Seed, Seed, Series A, Series B, Unknown
Check Size:
$100k - $30M
Industries:
Climate Tech & Green Tech, Edtech, FinTech
Top investments in :
Project A Ventures is a venture capital fund based in Berlin. They invest in various stages from pre-seed to Series D, with investments ranging between $1 million and $10 million. The firm supports companies across industries such as ecommerce, fintech, health tech, and AI. Combining capital with operational support, they help startups grow. Notable investments include Quantum Systems, Labrys Technologies, and Relay.
Offices:
Berlin (HQ)
London
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Series D, Unknown
Check Size:
$100k - $1B
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in :
MD ONE Ventures is a venture capital fund investing in seed-stage companies in Europe and Israel. Founded in 2021, it focuses on Govtech startups, including recent investments in Labrys Technologies. The team blends extensive venture capital experience with operational expertise from Tier One Special Forces and Intelligence Communities. Their mission is to support founders dedicated to enhancing national security for Europe and its allies.
Offices:
No data available
Investment Stage:
Seed
Check Size:
$2.5M - $10M
Industries:
Climate Tech & Green Tech, Govtech, Deep Tech
Top investments in :
Business Finland is an accelerator and venture capital firm that is interested in developmental funding, services for internationalization and travel promotions
Offices:
No data available
Investment Stage:
No data available
Check Size:
$100k - $500k
Industries:
No data available
Top investments in :
No data available
Marque Ventures invests in early-stage companies in American defense, manufacturing, and deep tech. The fund offers expert guidance, government insights, and capital access. Notable investments include Labrys Technologies.
Offices:
No data available
Investment Stage:
Seed
Check Size:
$10M - $20M
Industries:
Govtech
Top investments in :
Founded in 2011, Alstin Capital is a growth/expansion firm based in Munich, Germany. The firm prefers to invest in seed-stage, early-stage, growth-stage, and later-stage companies. The firm seeks to invest in information technology sectors in Europe.
Offices:
Munich (HQ)
Investment Stage:
Pre Seed, Seed, Series A, Series B, Unknown
Check Size:
$100k - $100M
Industries:
Health Tech, FinTech, Crypto & web3
Top investments in :
Expeditions Fund is a venture capital firm based in Warsaw, investing in early-stage tech companies during seed and series B phases. They focus on cybersecurity, communications, and manufacturing. Notable investments include Ringover, Labrys Technologies, Oblivious, and Nu Quantum. Expeditions Fund adopts a patient, long-term approach to help businesses grow and succeed globally.
Offices:
Warsaw (HQ)
London
Paris
Investment Stage:
Pre Seed, Seed, Series B
Check Size:
$2.5M - $30M
Industries:
Govtech, Hardware, Cybersecurity
Top investments in :
Move Capital is a venture capital fund focused on investing in growing tech companies in fields such as Climate Tech, Green Tech, Space Tech, and Govtech. Targeting Series B and Series C rounds, they offer financial support with check sizes ranging from $250k to $5M. Notable investments include Greenly and Iceye. With over 70 years of combined experience in technology and business, Move Capital's team provides active collaboration and strategic support to help companies grow. Managed by KC Invest, the fund is dedicated to building leading tech companies in Europe.
Offices:
No data available
Investment Stage:
Series B, Series C
Check Size:
$70M - $100M
Industries:
Climate Tech & Green Tech, Govtech, Space Tech
Top investments in :
Business Finland is an accelerator and venture capital firm that is interested in developmental funding, services for internationalization and travel promotions
Offices:
No data available
Investment Stage:
Debt Financing, Pre Seed, Seed, Series A, Series B
Check Size:
$2.5M - $30M
Industries:
Climate Tech & Green Tech, Health Tech, Govtech
Top investments in :
Blackwells Capital, founded in 2016 by Jason Aintabi, invests in series C stage companies with check sizes ranging from $500,000 to $10 million. Focused on enhancing value for stakeholders, the firm has a particular interest in space technology and government technology sectors, with past investments including Iceye. The team brings global investment experience and has served on various corporate boards.
Offices:
No data available
Investment Stage:
Series C
Check Size:
$100M - $250M
Industries:
Govtech, Space Tech
Top investments in :
Solidium, fully owned by the State of Finland, invests in key national companies. It focuses on Series C investment rounds, particularly in space tech and government technology. Notable support includes funding for Iceye. Acting as a minority owner in several listed companies, Solidium aims to enhance Finnish ownership and increase the value of its investments over time.
Offices:
No data available
Investment Stage:
Series C
Check Size:
$100M - $250M
Industries:
Govtech, Space Tech
Top investments in :
Seraphim Space is a venture capital fund in London that supports businesses from early stages to significant growth phases. They invest between $250,000 and $10 million in companies focused on space technology, data, energy, and communications. Their goal is to back space-related entrepreneurship from start to finish. Notable investments include Satellite Vu and Iceye. Seraphim Space leads the industry in helping startups succeed and grow.
Offices:
London (HQ)
Investment Stage:
Pre Seed, Seed, Series A, Series B
Check Size:
$100k - $40M
Industries:
Govtech, Space Tech, Drones
Top investments in :
Formerly Draper Nexus Ventures, a U.S and Japan-based venture capital firm funding startups in IT and clean technology.
Offices:
No data available
Investment Stage:
Seed, Series A
Check Size:
$5M - $30M
Industries:
Climate Tech & Green Tech, Govtech, Hardware
Top investments in :
Air Street Capital is a venture capital firm investing in artificial intelligence-first technology and life science companies.
Offices:
No data available
Investment Stage:
No data available
Check Size:
$100k - $500k
Industries:
No data available
Top investments in :
No data available
Air Street Capital is a venture capital firm investing in artificial intelligence-first technology and life science companies.
Offices:
London (HQ)
London (HQ)
Investment Stage:
Seed, Series A, Unknown
Check Size:
$100k - $50M
Industries:
Govtech, Foodtech, AI
Top investments in :