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Investor profile

German Investment Corporation

Other · Founded 1962 · Cologne, Germany

DEG is the development finance branch of Germany's state-owned Development Bank, KfW. Offers financing, advice and support to private sector companies investing in developing and emerging-market countries

151 funds backed Other · $11B AUM · LP rank #257 · 62 direct holdings · Last investment 7/2026
Funds backed 151
Power Law funds backed 5
Direct holdings 62 ↑ 200% 5y
Fund commitments

The funds German Investment Corporation backs.

German Investment Corporation is a limited partner in 151 funds. 5 of them place in the Power Law Investor Ranking, and the best-ranked are shown here.

Portfolio analysis

Where German Investment Corporation’s portfolio is concentrated.

Distribution of portfolio companies by headquarters country, sector, entry stage and current growth stage. Across all 62 portfolio companies. "Stage entered" is the first priced round the investor joined, derived from the investor’s transaction history.

By countryCount
  1. Kenya13
  2. Tanzania10
  3. India8
  4. Indonesia5
  5. South Africa5
  6. Germany3
  7. UK3
  8. USA3
  9. Singapore2
  10. Brazil1
  11. Burma (Myanmar)1
  12. Ghana1
By sectorCount
  1. Fintech24
  2. Food14
  3. Enterprise Software7
  4. Health7
  5. Energy6
  6. Transportation3
  7. Education1
  8. Fashion1
  9. Home Living1
  10. Jobs Recruitment1
  11. Marketing1
  12. Travel1
By stage enteredCount
  1. Series B+16
  2. Series A12
  3. Seed5
By growth stageCount
  1. Early Growth34
  2. Breakout Stage17
  3. Late Growth10
  4. Mature1
Portfolio market map

Inside German Investment Corporation’s portfolio.

The 60 highest-funded portfolio companies, of 62 tracked.

Neon
Fintech · Unicorn
$1.6B
Fourth Partner Energy
Energy
$280M
Sicepat Express
Transportation
$680M
KELIX bio
Health
$800M
ContourGlobal plc
Energy · Unicorn
$6.5B
Waresix
Transportation
$420M
Copia Global
Food
DataArt
Enterprise Software
$2.6M
Naked Insurance
Fintech
$152M
Hazelcast
Enterprise Software
$114M
Bike Bazaar
Fintech
$85M
PT Etana Biotechnologies Indonesia
Health
$120M
NxtWave
Education
$165M
LulaLend
Fintech
$140M
Massive Bio
Health
$66M
C88 Financial Technologies
Fintech
$112M
TurnKey Lender
Fintech
$31M
Liwwa
Fintech
$18M
Flow
Fintech
$24M
BIO-LUTIONS
Energy
$37M
LivFin
Fintech
$25M
Lupiya
Fintech
$33M
Sky.Garden
Marketing
$16M
Pezesha
Fintech
$24M
Rent 2 Own(Myanmar)
Fintech
$24M
Maltento
Food
$17M
PasarMikro
Fintech
$10M
Hindusthan National Glass & Industries
India
$60M
DrugStoc
Health
$18M
Oze
Fintech
$12M
ARTH
Fintech
$10M
SolarworX
Energy
$4.4M
Farm to Feed
Food
$5.1M
Briisk
Fintech
HelloDuty
Fintech
Medbook Kenya
Health
Novek
Home Living
$1.2M
Smile API
Fintech
$1.8M
inalipa
Food
Goldenpot
Food
Kazi Yetu
Food
Aatif Aquaponics
Food
Dial A Pad
Health
Plant Biodefenders
Food
Stima Mobility
Kenya
$440K
Simplify
Fintech
yes:id
Fintech
Irri-Hub
Food
KaFresh
Food
Cliniva
Health
Flamingoo Foods
Food
Kiri EV
Kenya
The Future of Energy
Energy
eProd Solutions
Food
Safiri
Travel
TemboPlus
Fintech
Gravity
Fintech
agriBORA
Fintech
TPL Insurance
Fintech
Retailability Proprietary
Fashion
Portfolio founders

Where German Investment Corporation’s portfolio founders come from.

83 founders across the 62 highest-funded portfolio companies — by current location, university attended, and the companies they worked at before founding. Sourced from the founder records the API links to each portfolio company.

LocationCount
  1. Kenya19
  2. Tanzania12
  3. India9
  4. South Africa8
  5. United States8
  6. Germany4
  7. France3
  8. Singapore3
  9. Indonesia2
  10. Nigeria2
UniversityCount
  1. INSEAD Business School4
  2. Mines Paris - PSL University4
  3. Tsinghua University4
  4. Centrale Nantes3
  5. Harvard Business School3
  6. Technical University of Denmark3
  7. University of Cape Town3
  8. University of Nairobi3
  9. Indian Institute of Technology Bombay2
  10. Kharkiv National University of Radioelectronics2
Previous companyCount
  1. French Alternative Energies and Atomic Energy Commission - CEA4
  2. EDF3
  3. IB Hubs3
  4. KPMG3
  5. LiveMentor3
  6. Ørsted3
  7. ABN AMRO2
  8. Anadolu Agency2
  9. Boston Consulting Group2
  10. EY2
Figures on this page are sourced live from the Dealroom next-gen API, joined with Dealroom’s cap-table dataset (estimated holdings) and the Power Law Investor Ranking. News in “Featured in” is drawn from Dealroom’s own coverage — the stories that name this investor, not only those it is the subject of. Market sentiment is omitted until the API exposes it.