MBG H Mittelständische Beteiligungsgesellschaft Hessen
MBG Hessen is a venture capital firm that invests in small and medium-sized enterprises (SMEs) in the Hessen region of Germany. They provide capital in the form of silent partnerships (stille Beteiligungen) through various programs tailored to individual financing needs. Their investment strategy focuses on long-term partnerships rather than rapid growth and quick exits. They offer capital for various purposes, including growth and innovation, business succession, and specific support for the skilled crafts sector. MBG Hessen's programs cater to different stages and needs of SMEs. They provide funding for companies seeking to grow or innovate, with investments ranging from €100,000 to €1.5 million. They also have a specialized program for skilled crafts businesses, offering favorable terms and requiring a master craftsman qualification. A Kombi-Programm combines a loan from the company's bank, guaranteed by Bürgschaftsbank Hessen, with a silent partnership from MBG Hessen to improve the company's financial structure. Their Kleinbeteiligungsprogramm covers a broad range of investments, including market launches, business development, succession planning, and management buy-ins/outs. For smaller businesses and startups, MBG Hessen offers a Mikromezzaninprogramm with investments ranging from €5,000 to €100,000 (and up to €150,000 in exceptional cases). This program specifically targets businesses founded by unemployed individuals, women, people with migration backgrounds, and those with a focus on public welfare or ecological sustainability. MBG Hessen distinguishes itself through its long-term partnership approach, focus on regional SMEs in Hessen, and variety of specialized programs tailored to different business needs, including support for traditional crafts and micro-enterprises with social or environmental missions. Their silent partnership structure allows entrepreneurs to retain control of their business operations while receiving necessary capital and strategic support.
MBG Mittelständische Beteiligungsgesellschaft Baden-Württemberg
MBG Baden-Württemberg positions itself as an enabler for small and medium-sized enterprises (SMEs) in Baden-Württemberg, Germany. They offer both Mezzanine capital and Venture Capital to facilitate growth, founding of new companies, and succession planning. They emphasize their independence and competence in providing financial solutions, acting as a neutral and bank-independent partner. MBG aims to provide companies with financial leeway, strengthen their equity base, and improve their credit rating. They also facilitate connections between established companies and startups, promoting the exchange of ideas. Their investment approach seems geared towards supporting the long-term value creation of the companies they invest in, and also seem to rely on a strong network of connections to associations, chambers of commerce and consultants to support the companies.
MIG Fonds
Based on the information available, MIG Capital's investment thesis revolves around "Aus Visionen Werte schaffen" (Creating value from visions). The firm aims to shape the companies of tomorrow by investing in innovative startups. The homepage highlights a substantial portfolio of companies across various sectors, demonstrating a commitment to backing promising ventures and driving their growth. Their exits suggest a patient capital approach, supporting companies through various stages and ultimately achieving successful outcomes. MIG appears to focus on companies with strong intellectual property and the potential for significant market impact. The firm's activity, implied by the number of portfolio companies with exit dates, suggests an interest in early-stage ventures, providing capital and support to nurture innovative concepts into successful businesses. The homepage showcases past exits, with some recent and some dating back several years. This implies a long-term investment horizon, where they remain invested until the companies realize their full potential through successful exits. The broad range of sectors within their portfolio suggests an ability to analyze and navigate diverse markets. The emphasis on creating value from visions suggests a proactive approach in identifying and nurturing promising startups. MIG Capital aims to be more than just a capital provider, but a partner that supports portfolio companies with strategic guidance and operational expertise to enhance their prospects for success. The firm's investment strategy is likely based on thorough due diligence, a strong understanding of market dynamics, and the ability to identify visionary founders with disruptive ideas. By fostering collaboration and providing resources, MIG Capital seeks to maximize the potential of its portfolio companies. The homepage communicates the firm's commitment to supporting entrepreneurs and actively contributing to their journey. Their focus seems to be on high-growth, technology-driven companies, particularly those with the potential for substantial innovation and market disruption. The fund's successful exits demonstrate its ability to generate attractive returns for its investors and validate its investment strategy.
MPC
MPC Capital AG is a globally active investment manager and service provider focused on infrastructure projects, particularly in the maritime and energy sectors. They initiate and manage investment solutions for institutional investors, offering a comprehensive range of services, especially within the maritime industry. The firm emphasizes sustainability and innovation, aiming to contribute to global climate targets. Their investment strategy involves offering access to high-growth opportunities in dynamic markets, delivered through investment management and operational services, ensuring high-quality support for clients in their target sectors. MPC Capital has a long track record of real asset investments, exceeding EUR 20 billion across various asset classes and currently manages EUR 5.3 billion in AuM. They aim to be a leading partner for investors, seizing market opportunities and megatrends to deliver outstanding returns, while also optimizing for sustainability.
Moonfare
Moonfare operates a digital platform that provides access to private equity and alternative investments to a wider range of investors, including individuals and family offices, who typically lack access to such opportunities. They aim to democratize private equity investing by offering bite-sized investments in highly sought-after funds from top-tier managers, typically with lower minimums than traditional institutional channels. Their investment strategy focuses on providing curated exposure to private equity co-investments, secondaries, direct deals and portfolio funds, all rigorously selected and vetted by their experienced investment team. Moonfare seeks to generate strong returns for their investors through a diversified portfolio of private market opportunities, reducing volatility and designed for long-term wealth creation. Their offerings include direct funds, portfolio funds (buyout, growth equity, and venture), and co-investment opportunities. Portfolio funds enable investors to diversify across geographies, fund managers, and investment strategies with lower minimums. They also offer access to secondary markets for potentially faster liquidity. Moonfare emphasizes transparency, providing clear fee structures and comprehensive fund information to investors. They achieve scale through strategic partnerships, like the one with Fidelity International, which expands their reach to a broader client base. Moonfare also leverages its global network to source exclusive and proprietary investment products, offering opportunities not typically available to individual investors. They focus on building an engaged investor community, providing access to expert knowledge and facilitating investments that they believe will drive the world forward. Moonfare also emphasizes manager selection as the cycle progresses.
Morphais
MorphAIs leverages AI technology to rethink venture capital by providing de-biased, quantifiable decision metrics. They focus on empowering diverse founders with capital-efficient, transparent, and inclusive processes, aiming to break down traditional VC barriers and accelerate growth through a strong network of founders, scientists, and coaches. Their platform ensures quick investment decisions (within 72 hours) and post-investment support to minimize bureaucracy for founders.
Mountain Alliance
Mountain Alliance AG is a listed German venture capital company that strategically invests in digital growth companies. Their investment approach is centered around building long-term value by backing scalable tech businesses and helping them convert potential into performance. The firm aims to acquire entire portfolios in a targeted manner, primarily through the contribution of own shares at NAV. They focus on strengthening the overall exit capability of their investments. Mountain Alliance is increasingly focusing on the defense tech sector, particularly on dual-use applications in drone and satellite technology, cybersecurity, and artificial intelligence. They are actively seeking opportunities in attractive technologies for further expansion of their portfolio while maintaining a strong focus on exits. The firm invests in companies that leverage AI for new security-related and civilian applications, thereby transforming markets. Recent moves indicate a shift toward more mature scale-ups. The firm's investment in MindGuard AG, an innovative Swiss company developing an AI-supported ecosystem designed to strengthen mental resilience in security-critical areas, exemplifies their focus on AI and defense technologies. Mountain Alliance aims to expand its portfolio in the defense technology sector, focusing on companies leveraging AI for new security-related and civilian applications, with plans for further investments in drone and satellite technology as well as cybersecurity.
Neuhaus Partners
Neuhaus Partners provides capital, coaching, and networking support to help high-tech startups and scale-ups achieve their vision and navigate growth challenges. They emphasize hands-on partnership and access to expert networks, including the German Founder's Prize network.
Next Commerce Accelerator
Next Commerce Accelerator (NCA VC) operates as a venture capital firm connecting startups with corporate partners. From 2017 to 2025, they invested in 77 B2B startups, partnering with over 25 corporate LPs to foster venture-scale outcomes from validated demand. Their investment approach involves helping enterprises de-risk innovation by engaging with venture-ready startups. They frame problems with business owners, scout and screen the market, and conduct a selection process aligned with their corporate partners' needs, supporting selected startups to drive pilots that lead to measurable business results. NCA VC's process includes a Product Market Fit approach involving venture-client pilots with corporate partners, starting from problem framing and startup fit, progressing through pilot phases, and aiming for scale. They also focus on scouting and selecting startups aligned with their corporate partners’ needs, providing search- and venture radar with defined search fields and quarterly market views mapped to partner roadmaps. The firm also provides portfolio support, offering ongoing operator support beyond the initial financing round. Their program highlights include product field workshops, startup speed-dating sessions, startup roadshows involving on-site corporate visits, demo days & demo dinners, and innovation days, which involve numerous participants and matchmaking opportunities. These initiatives facilitate connections and collaboration between startups and corporate partners, with the aim of driving innovation and growth. The firm's investment strategy focuses on B2B startups operating in sectors such as B2B SaaS, AI, data & automation, trade & commerce, logistics, construction, and circularity. Their model centers around connecting startups with corporate partners to validate demand and generate venture-scale outcomes.
Nord Holding
NORD Holding is a German private equity firm focused on transforming medium-sized business models through a collaborative, eye-level partnership approach. They aim to develop the value of companies, acting as a partner for ambitious managers and leading investors, offering customized and return-oriented investment solutions. The firm prioritizes reliability, creativity, and success in its investment approach, seeking to strengthen growth and create value for both society and the economy. They strive for continuous success based on strong stakeholder relationships, market knowledge, and experience. Their individual and flexible investment approaches are tailored, moving away from standard solutions. They partner with companies to provide tailor-made solutions and enhance company value.
Nordwind Growth
Nordwind Growth is a German growth private equity firm that provides capital and strategic/operational support to technology companies in Germany, Austria, and Switzerland. They focus on creating value for their investors by targeting companies with scalable and proven business models, outstanding founder and leadership teams, and tech-driven competitive advantages. The firm prioritizes companies with a history of cash-efficient growth and solid core values and principles. Nordwind Growth aims to partner with companies that have demonstrated market traction and possess the potential for significant expansion within the DACH region. Their investment strategy seems to center on identifying and supporting companies with defendable technology and a strong focus on building sustainable, profitable businesses.
Novum Capital Partners
Novum Capital Partners is a private equity firm based in Frankfurt, Germany, that focuses on investing in medium-sized companies with stable markets, attractive market positions, and profitable operations. The firm's investment strategy includes succession solutions, carve-outs, majority stakes, and minority stakes, with the goal of fostering growth and ensuring crisis resilience. They aim to bring together promising companies with first-class managers and develop them as active, value-adding shareholders. They also support future-proof structures and strategies. Novum Capital actively manages complex participation scenarios in the best interests of the company. They promise conscientious development, independence from corporate control, preservation of entrepreneurial achievements, and resolution of shareholder disputes. They provide equity or debt capital and expertise for management buy-outs or buy-ins and support managers in negotiating with stakeholders to become shareholders. They also emphasize ESG aspects (environmental, social, and governance) to sustainably increase a company's value. The firm prioritizes transparency in its activities and important decisions at its portfolio companies, seeking to provide significant value increases for investors over a 10-year fund duration. Novum Capital also aims to implement entrepreneurial, value-enhancing initiatives quickly, facilitated by the resources available at the firm. They provide fast and well-founded replies to investment offers and maintain a high level of reliability during transactions. Decision-makers are based in Frankfurt and are easily accessible, providing flexibility in financing matters with access to their own funds, institutional co-investors, and banks.
Phoenix Contact Innovation Ventures
Phoenix Contact Innovation Ventures, the venture capital arm of the Phoenix Contact Group, focuses on identifying new, particularly digital, business models and investing in highly disruptive technologies that contribute to a sustainable world. Their investment strategy centers around electrifying, connecting, and automating industries, with a specific focus on deep-tech B2B environments. They aim to bring together ideas, capital, and progress to facilitate the availability of affordable energy from renewable resources and to optimize existing industries for energy efficiency gains. The firm invests in startups that align with Phoenix Contact's broader mission to create technological and collaborative innovations that improve the lives of customers and society, reflecting a commitment to innovation and entrepreneurship for a sustainable future. Their investment approach is underpinned by an evergreen fund structure, allowing for flexible holding periods and independent operation, ensuring they can act as a reliable partner through varying market conditions.
Primepulse
Backs visionary, founder-led companies in digital technologies that redefine industries. Focuses on active partnership, capital, and momentum to accelerate growth through strategic support, M&A, and global expansion.
Quint Ventures
Quint Ventures is a business angel group established in 2021, investing in early-stage (Seed and Series A) SAAS and AI-native companies across Europe. They seek to partner with ambitious founders, offering not only capital but also their expertise and a global network of business partners. The firm consists of five tech investors and professionals who invest collectively or individually. Their focus is on innovative startups with the potential to disrupt existing processes and value chains. They position themselves as sparring partners for founders, aiming to help them avoid common pitfalls and accelerate growth through active engagement and support.
Realyze Ventures
Realyze Ventures invests in European startups building scalable technologies to transform the built environment. Focus areas include reducing carbon footprints, improving process efficiency, and leveraging digitalization to meet EU 2030 sustainability goals. The firm targets founders solving industry challenges like craftsmanship shortages, energy consumption, and regulatory compliance through software, hardware, and hybrid solutions.
RoX Health
ROX Health is a digital healthcare innovation studio bridging startups, healthcare systems, and Roche Group to accelerate digital health solutions. By leveraging Roche’s global capabilities and startup agility, ROX validates and scales innovative healthcare models in oncology, neurology, cardiovascular metabolism, and women’s health through real-world pilots and collaborative innovation environments.
Robert Bosch Venture Capital GmbH
Robert Bosch Venture Capital GmbH (RBVC) aims to shape the future through investments in innovative technology companies. While the provided content lacks a comprehensive, explicitly stated investment thesis, it's evident that RBVC focuses on supporting companies developing technologies aligned with Bosch's strategic interests, such as automotive, industrial technology, consumer goods, and energy and building technology. The firm seeks to identify and invest in companies with high growth potential and disruptive technologies that can create synergistic opportunities with Bosch's existing businesses. RBVC's strategy involves providing not only financial capital but also access to Bosch's global network, industry expertise, and resources to help portfolio companies scale and succeed. The emphasis appears to be on strategic investments that can generate both financial returns and contribute to Bosch's innovation ecosystem. Their interest in areas like AI, cybersecurity, cloud, energy, and advanced manufacturing suggests a commitment to supporting the digital transformation and sustainability initiatives of Bosch.
SHS
SHS Capital is a healthcare-dedicated private equity fund based in Tübingen, Germany. Founded in 1993, they focus on investing in fast-growing companies in the healthcare sector with the mission to build European healthcare champions. They provide capital, access to their extensive network built over 30 years, and expertise in market access, reimbursement, marketing/sales, M&A, and exit strategies. SHS invests in innovative companies, including SMEs and scale-up companies, with a preference for those with seven-digit revenues and double-digit growth rates. They are flexible in their investment approach, considering both majority and minority positions. SHS Capital looks for companies with cutting-edge technologies improving healthcare standards, defensible and scalable market positions, and high-performing management teams with innovative mindsets. They aim to support these companies in achieving substantial growth and becoming leaders in their respective fields. The firm emphasizes a collaborative partnership approach, leveraging their deep industry knowledge and network to help portfolio companies navigate the complexities of the healthcare market. SHS Capital's geographic focus is primarily the DACH region (Germany, Austria, Switzerland), the Nordics, and Benelux countries, but they selectively consider opportunities in other European countries. They consider transactions with enterprise values of up to EUR 150 million and typically invest equity tickets in the range of EUR 10-50 million. They seek ways of potential partnerships through their investor site and welcome collaboration with scientists, entrepreneurs, and investors in the healthcare network.
SKion GmbH
SKion GmbH, founded by Susanne Klatten, is a return-focused and value-based investment company that aims to develop industrial investments across economic, industrial, and technological cycles. The firm focuses on strengthening German and European companies as drivers of innovation, increasing their enterprise values, and contributing to social progress. SKion acts as a strategic sparring partner, guided by the values of family-owned entrepreneurship, offering access to industrial networks and capital. They seek to positively influence the economy, society, and environment beyond company boundaries. SKion prioritizes investments in companies with sustainable competitive advantages, proven management structures, and an integrity-based corporate culture. The firm contributes its expertise, attitude, and networks to shape strategic topics and significantly increase enterprise values in the long term. They value a management culture based on trust and appreciation, providing leeway for leaders to manage their companies in an entrepreneurial, responsible, transparent, and loyal manner. SKion prefers to invest through significant minority stakes (more than 25% of the voting rights) with a corresponding governance structure, focusing on growth financing and succession solutions. Investment opportunities with like-minded entrepreneurial families and investors are of particular interest. The firm's investment horizon extends beyond a decade, emphasizing long-term value creation and a reliable partnership with portfolio companies throughout economic cycles. Geographically, SKion primarily invests in companies from Germany, Austria, Switzerland, the Netherlands, the United Kingdom, and Scandinavia, valuing spatial proximity, accessibility, and personal interaction as fundamental to healthy relationships. They also invest, alongside existing portfolio companies, in smaller water technology businesses. A recent example of their investment strategy is their acquisition of significant parts of the BMZ Group, a leading manufacturer of high-performance battery systems, aiming to expand the business both nationally and internationally by leveraging the technologies and expertise of the employees.
SPYRE PROPTECH VENTURE fund
SPYRE Proptech Venture Fund is an early-stage investing firm focused on fueling hyper-growth for crypto organizations. They provide capital funding, global brand exposure, and deep industry knowledge, leveraging over 10 years of hands-on experience. Their investment philosophy is centered around strategic growth alignment, innovative market leadership, robust network integration, and sustainable investment. They aim to align investments with the long-term vision of portfolio companies, providing tailored support for effective scaling. They seek companies with the potential to become market leaders through innovation and disruption, setting new standards in the crypto and venture capital space. The firm emphasizes the power of networking and collaboration, offering access to industry experts, potential partners, and like-minded entrepreneurs. Finally, SPYRE is committed to responsible investing, supporting companies with strong ethical foundations and long-term sustainability.
Saxovent
Saxovent invests in innovative, climate-friendly projects with measurable sustainability impact. Specializing in renewable energy (wind and solar), sustainable real estate, and climate-smart agriculture, Saxovent partners globally to maximize CO₂ avoidance and drive the energy transition. The firm emphasizes long-term, owner-managed projects with a focus on scalability and measurable environmental outcomes.
Square One
SquareOne is a venture capital firm that invests in B2B tech entrepreneurs at the pre-seed and seed stages. They focus on entrepreneurs who are deeply committed to solving complex problems in large, expanding markets. Their website highlights a focus on industry expertise, product advising, tech advising, mentorship, and customer connections to provide value beyond capital. The firm appears to take a hands-on approach, assisting portfolio companies with building, connecting, facilitating, and hustling. SquareOne's investment strategy seems centered around identifying and supporting companies developing innovative solutions, often involving deep tech or software, as evidenced by their portfolio. They aim to actively assist their portfolio companies in scaling and navigating the challenges of early-stage growth. The inclusion of veteran mentors and guaranteed connections indicates an emphasis on practical guidance and leveraging a strong network. Their approach to 'squaring ideas' likely encompasses a rigorous evaluation process coupled with active involvement in refining and executing the company's vision. Given the repeated reference to assistance with 'building, hustling, connecting, and facilitating,' SquareOne seems to position itself as an active, operationally-focused investor, rather than solely a provider of capital. The fund invests in startups across various sectors including AI, robotics, cybersecurity, ecommerce, and green technology. They appear to offer a strong network through their industry, product, and tech advisors to help with customer connections and problem-solving.
Start-up BW Innovation Fund (managed by MBG Baden-Württemberg)
MBG Baden-Württemberg, managing the Start-up BW Innovation Fund, focuses on providing flexible financing solutions to small and medium-sized enterprises (SMEs) in Baden-Württemberg. They offer both mezzanine capital and venture capital to facilitate growth, business start-ups, and succession planning. The firm aims to act as a neutral and bank-independent financial partner, providing long-term stable financing instruments through both silent and open participations. MBG actively supports companies through various stages, from seed to Series A and beyond, focusing on increasing the long-term value of the invested companies. MBG emphasizes the importance of maintaining the entrepreneur's freedom in making business decisions, refraining from interfering in the daily operations of the companies they invest. They provide access to a broad network of associations, chambers, and consultants to assist with business model evaluation, entrepreneur preparation, and problem-solving. This network also facilitates the exchange of ideas between established corporations and startups, fostering innovation and offering new perspectives to traditional businesses. The firm aims to strengthen the equity base of companies, primarily through silent participations that are considered economic equity by banks due to their subordinated status in case of insolvency. This can positively influence the company's credit rating. MBG aims to provide a financial structure that offers a solid foundation for entrepreneurial flexibility, enabling companies to remain agile in a dynamic environment with rapidly changing conditions. MBG Baden-Württemberg also takes pride in its ability to link the Old and New Economy, by connecting startups and established companies to foster innovation and new ideas. They emphasize the collaborative nature of their investment approach, combining their long-standing experience in financing and participations with the industry know-how of their clients to successfully implement business plans.