SURPLUS Equity Partners
ALP.X Group is a management-owned, entrepreneurial holding company that specializes in investment and development management, focusing on Real Estate, Infrastructure, and Corporate Growth. The firm operates in Germany and the United States, shaping urban and rural neighborhoods through residential, hospitality, and mixed-use real estate projects. It also focuses on renewable energy production and battery storage through solar and wind farm development in Bavaria and the rest of Germany. Within the Real Estate and Infrastructure verticals, ALP.X provides services as a developer, asset manager, investment manager, consultant, due diligence provider, and underwriting provider. A core aspect of their strategy is to build up independent long-term holdings under the group structure. The firm also invests in and manages companies relevant to urban development and energy production, including areas such as parking management, modular construction, AI-based data management, and hospitality concepts. ALP.X is actively seeking acquisition opportunities in Germany and the United States across their focus sectors, with specific acquisition profiles available on their website. These profiles detail the types of assets and developments they are interested in, including hospitality, repositioning projects, manage-to-green opportunities, residential buildings, parking facilities, project developments, and photovoltaic projects. The firm's strategic approach involves a combination of direct development, asset management, and venture capital-style investments to capitalize on the evolving trends in urban development and renewable energy production. Their team possesses extensive experience in real estate, infrastructure, investment banking, venture capital, and consulting, enabling them to effectively manage and grow their investments.
Saarländische Wagnisfinanzierungsgesellschaft mbH
Focuses on financing innovative, technology-driven startups with strong competitive advantages in the Saarland region. Emphasizes long-term partnerships, supporting founders from ideation to scaling, with a track record of over 75 portfolio companies since 1997. Open to co-investments and operates through the Saarländische Investitionskreditbank AG (SIKB).
Schumpeter Ventures
Schumpeter Ventures focuses on building synergistic ecosystems in the financial industry (Fintech, InsurTech, Cyber Security) by actively supporting portfolio companies with deep industry and technological expertise. The firm emphasizes cross-startup synergies, strategic collaboration, and hands-on business development to drive scalable solutions.
Senovo
Senovo is an early-stage B2B software fund based in Europe, investing since 2013 in a new generation of European B2B software companies. They make a limited number of high-conviction investments per year in founders aiming to redefine categories. Their specialization allows them to have a real impact, providing deep understanding of B2B operations and support in areas like go-to-market strategy, US expansion, organizational scaling, and financial budgeting. They focus on solutions that enable the digitalization of medium and large enterprises, with a particular interest in AI-first products. Their primary areas of investment include cybersecurity, industrial tech, open source, infrastructure, SaaS, and other deep tech B2B software products. Senovo joins companies after they have achieved product-market fit and are generating initial revenue with their first customers. They recognize the crucial phase of building a scalable sales model, creating a performance-driven HR approach, and expanding internationally. They aim to help companies achieve these milestones in preparation for a larger subsequent growth round. Senovo seeks founders who build companies based on trust, innovation, and pushing boundaries. They understand the startup journey is not always easy, but strive for ambitious goals.
Senovo Capital Management GmbH
Senovo Capital Management is an early-stage B2B software fund based in Europe. They specialize in making a limited number of high-conviction investments each year, targeting founders who aim to redefine their respective categories. They invest in companies that have achieved product-market fit and are generating initial revenues. Senovo focuses on helping these companies build scalable sales models, create performance-driven HR approaches, and expand internationally, which are crucial for securing subsequent growth rounds. Their investment strategy centers around supporting the digitalization of medium and large enterprises. They primarily invest in AI-first products within cybersecurity, industrial tech, open source, infrastructure, SaaS, and other deep tech B2B software solutions. Senovo aims to be a European first-mover in identifying and supporting the next generation of B2B software companies. Senovo emphasizes specialization, leveraging their deep understanding of B2B operations to provide real impact. They offer support in areas such as go-to-market strategies, US expansion, organizational scaling, and financial planning. They believe that successful companies are built on trust, innovation, and a willingness to push boundaries, recognizing that the startup journey is rarely straightforward and advocating for ambitious goals.
Simon Capital
Simon Capital focuses on investing in driven founders who are reshaping their industries for a sustainable next generation. Their investment strategy involves backing companies from Seed to Series A and beyond, providing support through continuous sparring and network access in addition to financial investment. They emphasize partnerships with companies that address significant challenges and create positive impact, as exemplified by their investments in companies focused on sustainable consumption, social impact, and innovative technologies.
Spotlight Ventures
Spotlight! Ventures invests in courageous founders and teams with innovative ideas, supporting them from ideation to global growth. The firm combines capital and expertise to build successful, diverse, and impactful tech brands, leveraging a global network for operational and strategic guidance.
TS Ventures
Backing early-stage technical founders across Europe and the US, focusing on AI, SaaS, DevTools, and B2B infrastructure with operational conviction.
Team Global Management GmbH
Team Global Management GmbH's mission is to create a better world via technology by creating organizations, products, and services that generate profound and lasting societal value. Their overarching goal is to participate in formulating and executing a vision for a better world by 2080, leveraging technology to address global challenges. They aim to unlock 100x energy through investments in climate technology, focusing on energy generation and decarbonization. The firm aims to foster world peace, global respect, and collaboration, emphasizing the responsible handling of technology. They envision significant increases in investment in education, advocating for a 10x to 100x increase in resources and attention. The firm's specific goals for the near future include fostering the development of air mobility to reduce reliance on traditional cars and investing in technology to combat climate change. They are building companies to solve the climate issues combining energy generation and decarbonization.
TecPier
TecPier is a specialized venture capital firm focused on investing in early-stage B2B technology startups within the maritime, logistics, and supply chain sectors. Their investment thesis revolves around the belief that these industries are ripe for disruption through technology, offering significant opportunities for innovation and growth. They aim to identify and support companies developing solutions that enhance efficiency, reduce costs, and create new revenue streams in these traditionally underserved markets. TecPier looks for companies leveraging data-driven insights, automation, and connectivity to transform maritime operations, logistics processes, and global supply chain management. The fund seeks ventures that address specific pain points in these sectors and demonstrate the potential to scale rapidly.
Tengelmann Ventures
Based on the limited information available, Tengelmann Ventures appears to focus on investing in companies with disruptive potential and a strong vision. They emphasize a partnership-based approach, highlighting trust, open communication, and providing resources beyond just financial capital. The firm seems to value founders who are ambitious and driven to make a real difference, focusing on long-term value creation. They see challenges as opportunities for growth and emphasize learning together as crucial to success. The testimonials suggest a commitment to supporting their portfolio companies through turbulent times and offering valuable advice.
The Family Venture Capital
The Family supports ambitious founders globally by providing a 6-week intensive program that offers mentorship, networking, and access to investors. The program focuses on helping startups refine their business models, build trust with investors, and prepare for fundraising through office hours, masterclasses, and a high-profile Demo Day. The fellowship emphasizes accessibility, community, and pay-it-forward principles, aiming to democratize entrepreneurial resources for founders from any background.
VAERING
VAERING is a family-owned investment company based in Germany that focuses on supporting independent entrepreneurs with capital, expertise, and a long-term perspective. Founded in 2021 by the family behind KAEFER, a 100+ year old industrial services company, VAERING seeks to invest in solutions for decarbonization across various sectors including industry, buildings, and transportation, as well as promoting energy efficiency and circular economy practices. Their investment philosophy prioritizes a cultural fit and alignment of values over short-term financial gains, aiming for long-term development of their portfolio companies and partnerships built on mutual respect. VAERING's approach involves active engagement and support for their portfolio companies, leveraging the family's entrepreneurial background and industrial expertise. They provide not only financial resources but also strategic guidance, operational support, and access to their network. Key considerations when evaluating potential investments include the compatibility of the people and ideas with their values and goals, the potential for the investment to promote sustainability, and the company's commitment to long-term thinking and responsibility. They seek to partner with companies that are addressing significant challenges related to sustainability and that demonstrate a commitment to reducing greenhouse gas emissions or minimizing plastic waste. They are particularly interested in industrial products and services that can be economically and ecologically aligned to be successful in the market. The team emphasizes transparency, digitization, new forms of collaboration, and improved employee health as important factors for success in today's business environment. VAERING differentiates itself from traditional investment firms by its focus on long-term value creation, its deep understanding of industrial businesses, and its commitment to sustainability. They are willing to take a patient approach to investing, prioritizing the long-term growth and impact of their portfolio companies over short-term returns. Their origins as a family-owned business also influence their investment approach, prioritizing trust, partnership, and a collaborative approach to working with entrepreneurs.
Vanagon Ventures
Vanagon Ventures invests in European DeepTech and AI-Native founders, leveraging Europe’s structural competitive edge in sectors like Advanced Manufacturing, Future Materials, and Geospatial Intelligence. They provide early-stage capital (up to €500k) with a hands-on, conviction-driven approach, partnering with mission-aligned co-investors to unlock additional funding.
Velvet Ventures
Velvet Ventures focuses on building innovative B2B events and platforms. They aim to connect business leaders and digital innovators through various event formats. Since 2010, they have been launching new events regularly, targeting decision-makers from top companies across diverse industries. Their portfolio includes leading B2B trade shows and conferences like d3con and Spielmacher, highlighting their expertise in creating valuable networking and knowledge-sharing opportunities. Their business model is event creation and operation, not direct venture investing.
Venista Ventures
Venista Ventures is a seed capital fund that invests in ambitious founders with visionary ideas addressing current and future challenges. They aim to be among the first investors in the startups they support, with a broad investment approach across various verticals. The firm positions itself as more than a traditional VC, leveraging the founders' experience in scaling companies, including both successes and failures. This experience allows them to serve as engaged sparring partners, particularly in online marketing, B2B sales, and recruiting. Furthermore, the Venista Ventures group includes two fully-owned and operating agencies, providing additional resources and expertise to portfolio companies. They are looking for tech-driven enterprise and consumer internet startups.
Venture Stars GmbH
Venture Stars invests in early-stage, disruptive digital B2C and B2B startups, leveraging its team’s hands-on entrepreneurial experience to provide mentorship, strategic guidance, and operational support. The firm emphasizes long-term partnership, first-principles thinking, and a founder-centric approach to help scale companies through critical growth stages.
Visionaries Club
Visionaries focuses on connecting the top 0.1% of founders with the top 0.1% of experts across adjacent industries. They invest in companies that leverage AI, automation, and digital tools to solve complex workflows, empower SMEs, and drive enterprise efficiency. Their thesis emphasizes obsession, ambition, and conviction over institutional size, backed by a network of luminary founders and industrial family entrepreneurs.
Vorsprung Partners
Vorsprung Partners provides entrepreneurial capital to hidden champion companies in the DACH region (Germany, Austria, and Switzerland). They focus on the German Mittelstand, bridging the gap between entrepreneurial vision and family capital. Their strategy involves a buy-hold-develop model with patient capital from experienced investors and family equity, providing stability and a long-term perspective. Vorsprung actively develops its portfolio companies through strategic initiatives and hands-on operational support, with an ESG-focused value creation approach. The firm combines family and institutional capital with the discipline of private equity, aiming to build enduring success for all stakeholders. They provide expertise that drives sustainable growth while safeguarding businesses’ principles and independence. They work hand in hand with founder and owner families, offering flexible rollover options and long-term collaboration that preserve their entrepreneurial heritage. Vorsprung connects them to a wider network of like-minded business families, ensuring continuity, shared values, and sustainable growth for the future. Vorsprung invests with a long-term mindset, ensuring alignment of interests with business owners. Their approach creates trusted partnerships where continuity, legacy, and sustainable growth are safeguarded for the next generation. From day one post-acquisition, they strengthen management teams, professionalize structures, and unlock both organic and inorganic growth opportunities. Their hands-on approach to governance, reporting, and strategy ensures companies scale sustainably while maintaining their entrepreneurial spirit. They aim to transform companies with limited or no ESG footprint into sustainability and impact leaders, integrating environmental, social, and governance standards into strategy and operations. By preserving entrepreneurial DNA while providing strategic support, they help companies thrive well beyond the transition.
Vsquared Ventures Management GmbH
Vsquared Ventures focuses on investing in "madmen and -women" who are building technologies that advance society and engineer the impossible. They seek out transformative entrepreneurs and technologies at the convergence of various technological breakthroughs, acting on conviction rather than trends. They believe in supporting founders from the early stages, being the first investor in companies like Isar Aerospace and IQM. Their mission is to accelerate and scale the vision of these entrepreneurs, unlocking all possibilities of the seemingly impossible by providing dedicated partnership.
WENWEST CAPITAL
WENVEST Capital is a Munich-based early-stage venture capital firm that focuses on investing in B2B software companies across the DACH region. They aim to back ambitious founders from day zero to meaningful scale, providing patient and pragmatic capital. WENVEST emphasizes long-term capital, entrepreneurial empathy, and a broader view of what success looks like for their portfolio companies. They invest early and stay late, partnering with founders to build great companies that aren't built overnight.
Wenvest Capital
Wenvest Capital is a Munich-based early-stage venture capital firm specializing in B2B software companies across the DACH region. They aim to back ambitious founders from day zero to meaningful scale, providing patient and pragmatic capital. Wenvest Capital focuses on providing long-term capital with entrepreneurial empathy, with a broader view of what success looks like for founders. They invest early and stay late. They focus on B2B software and have an initial check size of EUR 250k - 1M.
WestTech Ventures
WestTech Ventures is a Berlin-based investment firm that operates with a dual investment strategy. They invest in emerging VC funds in Europe, specifically targeting Micro VCs and Solo GPs. Complementing this fund investment strategy, they also selectively invest in startups through their network. The overarching theme is a commitment to backing ventures dedicated to creating a positive global impact through technological innovation. WestTech emphasizes leveraging its deep understanding of the startup ecosystem, accumulated from over 90 investments, to provide supportive partnership throughout the entrepreneurial journey.
iVentureCapital GmbH
iVentureGroup GmbH, founded in 2006, has over 200 experts in IT Development, Online Marketing and Traffic Management, Analytics, and strategic product management. They consider themselves entrepreneurs with a start-up spirit. As a venture capitalist, they have supported dozens of companies in achieving their goals. Their portfolio includes community platforms in online dating, payment systems, traffic solutions, analysis tools, and disruptive advertising technologies. The firm has offices in Berlin, Hamburg, Vienna and Kiel. They invest in scalable online firms, traffic solutions, disruptive advertising technologies, as well as Big Data and analysis tools. Their approach, called “Smart Money,” includes financial investment and active entrepreneurial support, offering portfolio companies experience and expertise.