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Ergo Fund is a venture capital firm in Germany that focuses on investing in digital startups. Founded in Munich, Bayern, Germany, it invests in early stage ventures. Its portfolio companies include Babylon Health, Fair and Ridecell. ERGO is a subsidiary of Munich Re and has branches in over 30 countries with a focus on Europe and Asia. Within the ERGO Group of companies, three entities (ERGO Deutschland, ERGO International, and ERGO Digital Ventures) manage domestic and international business, as well as direct and digital business. As of March 2020, Munich Re/ERGO Corporate Venture Fund has made three investments. Their most recent investment was on August 2, 2019, when Babylon Health raised $550M.