Earlybird Venture Capital

Overview

AUM €2.5B across fund streams; USD conversions approximate (EUR/USD ~1.16).

Funds

LPs on the record

4 LPs report holding Earlybird Venture Capital’s funds.

• International Finance Corporation (IFC) Development finance institution · 1 fund
• Ireland Strategic Investment Fund Sovereign wealth fund · 1 fund
• KfW Capital Government fund of funds · 1 fund

One more LP is in the app. Find LPs that back firms like this one in Hottub’s LP Intelligence: ranked by overlap, with what each holds and how to reach it.

Firms whose LPs overlap

The firms sharing the most LPs on record with Earlybird Venture Capital, relative to how many LPs each has. A peer set like this is what Find LPs ranks LPs from.

• Sofinnova Partners 2 LPs in common
• Frontline Ventures 2 LPs in common
• Highland Europe 2 LPs in common
• SOSV 2 LPs in common

Find LPs for Earlybird Venture Capital and these firms: Hottub ranks the LPs that hold their funds, the ones still adding funds first.

Reported fund performance

As reported by public LPs that invested in these funds, net of fees. “Versus vintage” ranks each fund against every other fund of the same vintage in that LP’s report, mostly private equity and venture funds. Open a fund for its cash flows and full peer ranking.

Enterprise Ireland (Seed and Venture Capital Scheme): Seed and Venture Capital Schemes Report 2024, as of December 31, 2024. Enterprise Ireland, the Irish government's enterprise agency, commits as a limited partner to seed and venture capital funds under its Seed and Venture Capital Schemes. Its yearly report names every fund supported under each scheme: 2019-2024 (15 funds), 2013-2018 (11 funds), 2007-2012 (13 funds), 2000-2006 (15 funds), 1994-1999 (15 funds). The report does not publish Enterprise Ireland's commitment to each fund, so every amount here is blank: the only figure it prints per fund is "Fund Size €m", the size of the whole fund, which is not Enterprise Ireland's share and is not imported (no currency is converted). The scheme a fund belongs to is not a vintage year, so that is blank too, and the report gives no paid-in amount, distributions, value, multiple or IRR per fund. All 69 funds are included as named, with the footnote asterisks removed; 24 of them are marked by the report as closed or wound down. The tables are cumulative to December 2024. View source

International Finance Corporation (IFC): IFC Investment Services Projects (World Bank Group Finances One), industry: Funds, as of October 11, 2026. IFC discloses every investment project in the World Bank Group's open data set "IFC Investment Services Projects" (Creative Commons Attribution 4.0, updated daily), with an industry, a product line, a status and the amount of its equity, loan and guarantee investment in millions of US dollars. This list keeps the 338 projects that IFC classifies in the industry "Funds", whose status is Active or Pending Disbursement, whose product line is not Loan, and that have an equity amount. The fund name is the data set's company name (the legal entity IFC invests in); IFC lists each project separately, so a fund with a second commitment appears twice. The commitment is IFC's equity investment as the data set gives it, in millions of US dollars, multiplied by one million; where a project also has a loan amount only the equity is counted. Nothing is converted or estimated: the data set is in US dollars. It has no vintage year, paid-in amount, distributions, value, multiple or IRR, so those are blank. Left out: 24 fund projects that are Completed (exited), 46 that are not yet signed or are on hold, 24 whose product line is Loan or that have no equity amount, 5 whose project name IFC prefixes with CI (co-investments in a single company), and 31 that IFC's project name prefixes with DFP or DCM or whose name says credit, debt, lending, loan, bond, infrastructure or real estate. The data set has no finer label than "Funds", so a few vehicles that are not private equity or venture funds may remain. For 22 funds the data set prints an equity amount of exactly 250 (million), the same figure for some two dozen small funds; that is not a commitment to one fund, so their commitment is left blank. The other 316 commitments add up to $10411.05 million; the data set prints no total. View source

Ireland Strategic Investment Fund: NTMA Annual Report 2025: ISIF Discretionary Investments, Unquoted Investment Funds, as of December 31, 2025. The National Treasury Management Agency lists every unquoted investment fund the Ireland Strategic Investment Fund holds at the year end with two amounts in millions of euro, a "Commitment" and a "Value" (shown here as the market value); it reports no vintage year, contributions, distributions, multiple or IRR per fund, so those are blank. Dollar amounts are converted: every amount here is the printed euro amount multiplied by 1.1736 US dollars per euro, the Federal Reserve's H.10 foreign exchange rate for 2025-12-31 (federalreserve.gov/releases/h10/hist/dat00_eu.htm), and rounded to the dollar; a commitment made in another currency is printed by the Agency in euro, so it will not convert back to exactly its original amount. The Agency does not say what kind of fund each line is. Of the 162 lines in the list (total value €3,103.88 million), 28 whose own name says property, housing, hotel or logistics, infrastructure or wind and renewable power, debt, credit or mezzanine lending, or forestry are left out, as are 3 lines whose value is withheld as commercially sensitive; the other 131 are included as funds, and some of them invest in energy, housing, land or lending rather than private equity or venture capital. The separate list of unitised funds (hedge and listed-equity funds), the direct private equity holdings, loans and quoted securities in the same report are not imported. View source

KfW Capital: KfW Capital portfolio: venture capital and venture debt funds (a selection), as of October 11, 2026. KfW Capital, the venture capital arm of Germany's state development bank KfW, invests as a limited partner in European venture capital and venture debt funds. Its website names 83 fund managers it is invested with and says the list is a selection ("Eine Auswahl"), so it is not the whole portfolio. The page names managers, not the individual funds, and gives no amount, so each entry here is a manager's name as KfW Capital prints it and the commitment and every other amount, the vintage year, multiple and IRR are blank; nothing is converted from euro because no amount is published. Venture debt managers are in the list and are not marked as such. The page carries no date: the as-of date is the day it was read. View source