Coparion
Cologne, Germany
Overview
German venture co-investment fund founded in 2016 to replace the ERP-Start-up Fund, backed by Germany's Federal Ministry for Economic Affairs (BMWi) and KfW (which holds a 20% stake in coparion GmbH & Co. KG). Operates independently of KfW Capital, a separate KfW subsidiary formed in 2018 with its own investment programs -- the two should not be merged or treated as duplicates. Fund size reported at approximately EUR 275 million.
Key Facts
- Type
- Fund of Funds
Last updated July 26, 2026