The Open Source
Public LP Database
Germany's
Publicly-Backed LPs
as of 2026The public LP ecosystem is influential, unstructured and difficult to navigate. This report is the first in a series of geographic deep dives mapping publicly-backed LPs that are shaping venture.
* Figures cover Germany-headquartered funds that have received public-LP backing.

This guide maps every government-backed institution in Germany that invests as a limited partner in third-party VC and growth funds. It is written for GPs who are actively fundraising or planning a raise, and want to understand which German public LPs are relevant, their active mandates, and how to approach them.
LP Fund Constellation
28 LPs · German government-backed limited partners
- Publicly-backed LP
- Quasi-public LP
- VC fund
- VC fund · 2+ public LPs
- LPs or VCs not HQ'd in Germany
LP Overview
Browse all 28 German public LPs.
Publicly-Backed (20)
Federal, EU, and state-level public capital — KfW, EIF, NRW.BANK, L-Bank, Sparkassen, and more.
Quasi-public institutional (8)
Regulated public-function institutions and FoFs that channel public capital — Versorgungswerke, church pension funds, asset managers.
Scout's public LP database is an open, collaborative project. This Germany edition was researched and edited by the Scout team, with data and review contributed by leading public institutions.
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This is an open-source project, and we welcome your contributions. To submit a new public LP or request an amendment, please reach out at info@scout-vc.app.
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