Overview of Venture Debt Providers
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Overview of Venture Debt Providers

Name
Location
Fund Size
Ticket Size
Active since
Contact
Comment
Berlin, GER
> 50m
1-5m
2020
Munich, GER
190m (Growth fund)
5-10m
1999
Offer a Venture Debt product
Madrid, Spain
-
5-50m
n/a
NYC, USA
7.5t (total AUM)
-
1988
Zurich, CH
-
-
2014
London, UK
-
-
2013
London, UK
250m
2-10m
2014
Frankfurt, GER
>62m
0.1m-5m
2020
Starting at 3,99% coupon p.a.
Berlin, GER
>50m
1-30m
2013
Startups must generate EUR 10m ARR to be considered
Frankfurt, GER
-
-
~2020
Luxembourg, LU
-
7.5-50m
1958
Budapest, HU
50m
2-5m
2020
Startups must generate EUR 300k MRR to be considered
London, UK
-
>5m
2017
Focus on FinTech
Birmingham, US
>215m
3-15m
2018
Ashley McCutchin (Growth Partner)
5 year period, 13-14% coupon p.a.
Palo Alto, USA
2.14b (total AUM)
1-200m
2003
Paris, France
100m
~1.5m
2019
Frankfurt, GER
50m
n/a
n/a
London, UK
711m
0.1-100m
1998
Pan-European growth investor with offices in UK, Sweden and Israel
London, UK (+ DE)
-
1-100m
2023 (as HSBC IB)
Specialist innovation bank; formerly Silicon Valley Bank UK/Europe (acquired by HSBC in 2023). SVB US now part of First Citizens. Presented at our June Expert Exchange.
San Francisco, USA
4b
25-500m
2009
Menlo Park, USA
1b
0.01-100m
2006
Myke Tran (Vice President)
Milano, IT
-
-
1869
Hamburg, GER
-
-
1995
Herzeliya, IS
725m
15-30m
2008
Focus on Israeli Companies
Cologne, GER
-
up to 5m
2021
Paul Becker (CEO)
Non-dilutive revenue-based financing / "Capital OS"; no warrants or equity kicker; suits SaaS/subscription and asset-light models. Expanded to UK in 2025 with an HSBC Innovation Banking facility.
London, UK
>1b (Mars Growth JV)
5-100m
n/a
Ron Daniel (CEO)
Tech-enabled private credit for late-stage tech and mid-market; JV with MUFG (Mars Growth Capital Europe); fast, data-driven underwriting; leans asset-light/SaaS. European HQ in London since 2025.
London, UK
-
50-150m (GBP)
n/a
Private credit / asset-based lending focused on financial and business services; lends to specialty lenders and fintech platforms (e.g. facilities for SME/revenue-based lenders). Relevant for lending and fintech business models rather than classic venture debt.
London, UK
>4b (total AUM)
-
2011
Francesco Filia (CEO)
Fintech lending pioneer; funds fintech loan originators and receivables/factoring strategies across 60+ countries (EIF-backed). Relevant for marketplaces and lending models needing receivables/working capital funding; also runs an early-stage fintech VC arm.
n/a (global)
-
-
2019
Impact-focused debt provider; finances fintechs, carbon projects and social enterprises, mostly in emerging markets. Small team; niche fit for impact/climate portfolio companies.
Santa Monica, USA
>1b invested
~20-100m (USD)
2017
Private credit platform for asset-backed lending to non-bank/specialty finance and fintech companies (e.g. facilities for lending startups). US-focused but invests globally.
Vienna, AT
-
-
1922
Austrian retail/corporate bank (DACH + Western Europe); offers lending, factoring and leasing. Not a classic venture debt provider; relevant as a traditional bank option for later-stage or asset-heavy financing.
New York, USA (+ Europe)
$1.5tn (10Y Security & Resiliency Initiative)
n/a
2025
Not a classic venture debt fund, but relevant as a bank option. Security & Resiliency Initiative (SRI): mostly debt/financing for strategically critical industries (Supply Chain/Manufacturing, Defense, Energy, Frontier Tech, Pharma/Healthtech); separate $10bn pot for direct equity/VC investments (primarily US, unclear if extended to Europe). Expanded to UK/Continental Europe in 2026. Also offers general Treasury/Banking support and government contacts; best fit for companies past Series A expanding globally, especially in strategically critical sectors.
Eindhoven, NL (+ Düsseldorf, GER)
>47b (portfolio)
-
1969
Vendor finance and leasing arm of Rabobank, active in 25+ countries with a German branch in Düsseldorf (approx. 500 staff). Not venture debt: DLL finances the customer, not the company. Relevant for hardware and robotics companies selling capex-heavy equipment, where the buyer leases or hire-purchases the asset and the company gets paid on delivery, which shortens sales cycles and avoids pre-financing receivables. Also offers commercial finance and used equipment finance across the asset life cycle. Reported as competitively priced and straightforward to deal with.

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