KfW
Public / State investment bank
Germany
KfW has 3 documented commitments across 3 funds as of 2026. Typical fund size 25-75M. 2 of them were first or second funds. Most active in Western Balkans, Global.
Distinct funds backed3
Typical fund size25-75M
First or second funds backed2
LPs seen in the same funds12
Sectors backedSMEs and mid-caps, Innovative SMEs, Health technology — medical devices
Active on record2026
Documented commitments3
HeadquartersFrankfurt, Germany
Geographic focusGermany, development finance (BMZ mandate) · Western Balkans · Global
Most recent fund backedWomen's and Children's Health Technology Fund II
Emerging managers backed2
Mandate
German state development bank. Invests here on behalf of the Federal Ministry for Economic Cooperation and Development (BMZ), which makes it reachable for funds with a development or global-health mandate rather than a purely German nexus.
Sectors seen across commitments
Website
https://www.kfw.deSources
Commitments on this profile that were not drawn from Fund Momentum coverage are recorded from these primary documents.