Venture Capital Firms in Europe
112 venture capital firms are on this list. Of those that report private fund gross assets from a main office in Europe, Index Ventures is the largest: $25.3 billion through Index Ventures Sa (filed ).
Accel follows with $8.8 billion. The 102 firms counted report $114.7 billion together; the ten largest hold 62% of it, and half report less than $329 million.
Updated . Rechecked quarterly; next check . Figures read , as filed to .
- $25BN and over22%1 firm
- $5BN to $10BN27%4 firms
- $1BN to $5BN32%18 firms
- $500MM to $1BN12%20 firms
- Under $500MM7%59 firms
Latest Form ADV of each, filed Jul 2025 to Sep 2026. Read ; sources at the end of the page.
- Venture capital firms listedList of October 2026; 111 are venture capital firms and 1 is an adviser with venture capital funds
- 112
- Combined fund assets102 counted; as filed to Sep 2026
- $114.7BN
- Median firmHalf of the 102 report less
- $329MM
- Held by the ten largestOf the $114.7BN combined
- 62%
Index Ventures, Accel and Balderton Capital lead the Europe venture capital firms by fund assets
The ten largest by private fund gross assets on their latest Form ADV. Together they report $71.5BN, 62% of the $114.7BN the 102 counted report.
- 1
Index Ventures
Venture capital firm, Geneva
- 2
Accel
Venture capital firm, London
- 3
Balderton Capital
Venture capital firm, London
- 4
Hedosophia Advisor
Venture capital firm, St. Peter Port
- 5
Forbion
Venture capital firm, Naarden
- 6
HV Capital Manager
Venture capital firm, Munich
- 7
Partech Partners
Venture capital firm, Paris
- 8
Project A
Venture capital firm, Berlin
- 9
Atomico (UK) Partners
Venture capital firm, London
- 10
Medicxi Ventures Management (Jersey)
Venture capital firm, St. Helier
Gross assets of the private funds each adviser reported in its latest Form ADV. Each pin opens the filing behind the figure; the ranking rule and sources are at the end of the page. Read .
One firm holds 22% of the fund assets
How the 102 firms counted spread by size: most are small, the dollars sit at the top.
One dot per firm counted; 5 firms with a main office outside Europe, a second row for the same adviser or only fund assets left out. Read .
Fund assets each reported in its latest filing; shares are of the $114.7BN combined, one row per firm. Read .
22%
of the fund assets reported sits with one firm, Index Ventures. The five largest hold 49%; 79 of 102 report under $1 billion.
- Venture capital firms111
- Adviser with venture capital funds1
Kind of each, from its own website and filings, checked October 2026.
- London42
- Paris10
- Berlin7
- Luxembourg4
- Munich3
- Zurich3
Main office on each firm's Form ADV.
Leaders beyond the ranking
Figures the main ranking does not compare: most active in private offerings, most private funds.
| Rank | Name | Figure |
|---|---|---|
| 1 | Lobster Capital | 42 issuers |
| 2 | Energy MIX Ventures | 21 issuer |
| 3 | Felix Capital | 22 issuers |
| 4 | Riceberg Ventures | 21 issuer |
| 5 | ZAS Ventures | 21 issuer |
| 6 | Advent Life Sciences | 11 issuer |
| 7 | AP Ventures | 11 issuer |
| 8 | Stafford VC | 11 issuer |
Counts notices, new and amended, filed by issuers whose name begins with the name; offering amounts are not shown.
| Rank | Name | Figure |
|---|---|---|
| 1 | Index Ventures | 32Mar 2026 |
| 2 | Venrex Investment Management | 26Mar 2026 |
| 3 | Accel | 25Mar 2026 |
| 4 | Amadeus Capital Partners | 23Jun 2026 |
| 5 | Hedosophia Advisor | 19Mar 2026 |
| 6 | Sofinnova Partners | 18Mar 2026 |
| 7 | Balderton Capital | 16Mar 2026 |
| 8 | DFS Lab | 15Mar 2026 |
The list is public. The warm path is not. Schedule a conversation
All 112 venture capital firms
A to Z, with each firm's private fund gross assets, private funds, listed stocks and fund offerings, each with a pin to its filing; firms with no figure show the interests they state on their own sites.
Showing all 112 firms
The first 30 are shown here; find, a kind or a size shows every match.
No row matches. Clear the find field or choose All.
Fund assets are the gross assets of the private funds in the adviser's latest Form ADV (solid bar; grey when the firm is not in the totals). Listed stocks are the US listed securities a firm reports each quarter; fund offerings count the private offering notices of funds named for the firm in two years. Each pin opens the filing behind the figure. The square beside a name opens every figure with its filing and notes.
A few large advisers hold most of the money
Six findings from the filings of the 102 firms counted.
- 22%
of the $114.7 billion the 102 firms counted report is one firm's: Index Ventures. Without it, the other 101 report $89.4 billion.
Fund assets, latest Form ADV of each; sums of filed figures
- $329MM
is the median: half of the 102 report less, and 79 report under $1 billion.
Fund assets, latest Form ADV of each
- 575
private funds are advised by the firms counted; Index Ventures advises the most, 32.
Private funds on each Form ADV (Schedule D); sums of filed figures
- $177MM
of US listed stocks reported by 1 firm counted for a 2026 quarter; the largest, Medicxi Ventures Management (Jersey), reported $177 million.
Quarterly listed stock reports (Form 13F), 2026
- 16
private offering notices in two years were filed by funds and vehicles named for 9 firms; Lobster Capital leads with 4.
Private offering notices, to
- 46
of the 102 have their main office in United Kingdom; the next place is Germany, with 10.
Main office on each Form ADV
Questions
How many venture capital firms are there in Europe?
This list holds 112 venture capital firms in Europe; 102 of them report private fund gross assets on Form ADV, $114.7 billion together.
What are the largest venture capital firms in Europe?
By the private fund gross assets they report: Index Ventures $25.3 billion, Accel $8.8 billion, Balderton Capital $8.5 billion, Hedosophia Advisor $7.0 billion, Forbion $6.9 billion.
How much do venture capital firms in Europe typically manage?
Of the 102 that report, the median reports $329 million in private fund gross assets; 79 report under $1 billion.
How do you start a relationship with venture capital firms in Europe?
Each firm on this page links to its own website, and each figure carries a pin that opens the public filing it comes from. For fund managers and companies raising capital, Praxis Rock runs capital formation programs; see Raise Capital.
Sources and method
- Who is listed
- 112 venture capital firms, 111 are venture capital firms and 1 is an adviser with venture capital funds, as researched for this list; no row leaves the list. Venture capital firms with their main office in Europe that file Form ADV with the SEC and report at least one venture capital fund or claim the venture capital fund adviser exemption, placed by the main office on their own filing. Only SEC filers are listed: a European firm registered only with its own national regulator is not on this list, so this is the part of European venture capital that files with the SEC.
- Ranking rule
- The top 10, every total, share and median, the charts and the answers to the questions use one set: the 102 advisers that report private fund gross assets in their latest SEC Form ADV, with a main office in Europe, that the filing itself ties to the row (the CRD the list cites, or the row's own website in Item 1.I), one figure per adviser. A name match with no such tie is shown in the row's detail only, never ranked or counted.
- Our arithmetic
- The $114.7BN, the median, shares, charts and boards are sums and medians of filed numbers over that one set; 5 firms with a figure outside it stay listed with the figure and the reason.
- Pins
- Each figure's pin opens the filing it comes from: the adviser's Form ADV as filed, or the SEC filing index of its 13F report or of the latest private offering notice (Form D). The pin's label names the source and its date.
- What we searched
- On we searched every firm by its website against the websites advisers list on Form ADV, by the CRD the list cites, by name for Form ADV, and by every CIK found for 13F reports, and searched private offering notices for funds named for it. Of the 112, 112 report on a current Form ADV, 1 file 13F reports (1 for a 2026 quarter with a value), 9 have funds named for them in private offering notices, and 0 more show a possible match by name only in their detail, not counted.
- Words
- Kinds and interests are each firm's own, from its website. No person names are shown.
| Figure | Source | Period, read |
|---|---|---|
| Assets, private funds, client types, main office, employees | SEC Form ADV adviser data, October 2026 report, and each adviser's Form ADV as filed, 112 advisers | Filings to 2026-10-01; read 2026-10-31 |
| Listed stocks | SEC EDGAR Form 13F, 1 filers | Latest quarter; read 2026-10-31 |
| Private offering notices of funds named for a firm | SEC EDGAR full text search, Form D and D/A | 2024-10-31 to 2026-10-31 |
| Kind, interests and website | Each firm's own website, as researched for this list | Checked 2026-10-31 |
| Logos | Each firm's own website; a monogram where none checks | Read 2026-10-31 |
Cite as: Praxis Rock Advisors, "Venture Capital Firms in Europe," updated October 31, 2026, praxisrock.com/resources/investors/vc-firms-europe