Principal (Venture Capital)

YZR Capital GmbH; München; On-site; EUR 120,000 - 190,000; Full time

Job summary

YZR Capital GmbH in Munich seeks a Principal to accelerate health tech disruption across Europe. You will contribute across the entire investment lifecycle, from sourcing to due diligence and deal closing, in a hands-on entrepreneurial environment.

The role requires 5+ years in VC/PE/consulting or investment banking, with proven deal experience, strong analytical and communication skills, and fluency in English (and German at B2+).

Qualifications

• 5+ years of experience in venture capital, private equity, strategy consulting, or investment banking.
• Demonstrated deal experience: sourcing, due diligence, structuring, negotiation, and closing.
• English proficiency and good German (B2+) are required.
• Entrepreneurial, analytical mindset with curiosity and initiative.
• Interest in health tech and European disruption.

Responsibilities

• Drive investment lifecycle from sourcing to closing.
• Lead deals into the investment committee and build conviction cases.
• Take board observer seats and act as primary partner to portfolio companies.
• Develop and pressure-test investment theses in focus areas.
• Strengthen YZR's platform through research, tooling, and founder/co-investor networks.
• Support GPs on internal projects.

Skills

Venture capital

Investment analysis

Deal sourcing

Due diligence

Board governance

Negotiation

Communication skills

English proficiency

German knowledge (B2+)

Job description

• YZR Capital is a leading HealthTech investment platform with rapid AuM growth, backed by top-tier LPs, investing from Seed to Series B
• Operating out of Munich, our portfolio spans Europe and the US, with investments across 10 countries
• The team is responsible for several lighthouse transactions in the sector, such as Biorce and Scan

Tasks

As a Principal, you will be working in an entrepreneurial setting, contributing across the entire investment lifecycle and playing a role in shaping the future of health tech in Europe. In this role, you will:

• Drive the investment process end-to-end, from sourcing to evaluation, due diligence, deal execution, and closing
• Lead deals into the investment committee and build the conviction case behind them
• Take board observer or board seats, and act as the primary partner to portfolio companies
• Develop and pressure-test investment theses in our focus areas, and translate sector deep dives into actionable pipeline
• Strengthen YZR's platform through research, tooling, and internal initiatives, and help build our network of founders and co-investors
• Support the GPs on internal projects

Requirements

• Strong entrepreneurial, analytical, and curious mindset
• 5+ years of relevant experience in venture capital, private equity, strategy consulting, or investment banking
• Demonstrated deal experience: sourcing, due diligence, structuring, negotiation, and closing
• Enthusiasm for new business models in the field of health tech
• High motivation, initiative, and a collaborative spirit, with strong communication skills
• English proficiency, good knowledge of German (B2+)

Together with the YZR team, you will be able to push our vision of accelerating health tech disruption in Europe in a culture that rewards a hands-on approach, initiative, and independent thinking.