signal/raiseTrack rounds
H

HV Capital

Focus: Climate & energy, AI, Defence & space, Cybersecurity

HV Capital took part in 6 of the startup funding rounds we tracked in 2026, leading or co-leading 2 worth $1.05bn. By money raised, its biggest sectors were Defence & space and AI. The largest was Quantum Systems's $1.2bn Series D+ round. The most recent was Rabot Energy's Series B round in October 2026.

Deployed as lead$1.05bn
Rounds led2
Rounds joined6
Largest round$1.2bn

Rounds led (2)

AMI LabsSeed · AI · Paris · 9 Mar$1.03bnHadesSeed · Climate & energy · Munich · 11 Feb$17.8m

Also invested (4)

Rabot EnergySeries B · Climate & energy · Hamburg · 15 Oct$56mHadrianSeries B · Cybersecurity · Amsterdam · 6 Oct$40mExeinSeries D+ · Cybersecurity · Rome · 15 Sep$270mQuantum SystemsSeries D+ · Defence & space · Munich · 2 Jul$1.2bn

By sector

Defence & space$1.2bnAI$1.03bnCybersecurity$310mClimate & energy$73.8m

By stage

Seed$1.05bnSeries B$96mSeries D+$1.47bn

Co-investors

Headline2 roundsBalderton2 roundsBosch Ventures1 roundMotive Partners1 roundSofina1 roundGoldman Sachs1 roundEuropean Investment Bank1 roundKfW Capital1 roundT.Capital1 roundLakestar1 round