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Alstin Capital

Europe, Bayern, Germany, Munich

Description

Alstin Capital is a Munich-based independent venture capital firm, founded in 2013 by entrepreneur Carsten Maschmeyer. The firm focuses on investing in early-stage technology companies, specifically targeting the B2B software, cybersecurity, and fintech sectors. As an owner-managed fund, Alstin Capital emphasizes long-term partnerships and active support for its portfolio companies, leveraging its deep industry expertise and network to foster growth.

The firm typically engages with companies from Seed to Series B funding rounds. Alstin Capital's initial investment tickets demonstrate a significant commitment, ranging from €1 million to €10 million. This flexible check size allows them to accommodate various stages of early-stage development, providing crucial capital for product development, market expansion, and team scaling for promising startups within their target verticals.

Alstin Capital manages a substantial total volume of over €300 million across its various funds, including Alstin I, Alstin II, and Alstin III. This robust capital base enables them to provide not only initial investments but also significant follow-on funding to support their portfolio companies through subsequent growth stages. The firm maintains an active investment pace, typically adding 5 to 7 new companies to its portfolio each year, reflecting a consistent strategy of identifying and backing innovative European tech ventures.

Investor Profile

Alstin Capital has backed more than 29 startups, with 6 new investments in the last 12 months alone. The firm has led 18 rounds, about 62% of its total and boasts 6 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series Unknown rounds (top funding stages).
  • Majority of deals are located in Germany, Switzerland, The Netherlands.
  • Strong thematic focus on Software, Financial Services, FinTech.
  • Led 5 rounds in the past year.
  • Typical check size: $1M – $10M.

Stage Focus

  • Series A (55%)
  • Seed (17%)
  • Series Unknown (14%)
  • Series B (10%)
  • Private Equity (3%)

Country Focus

  • Germany (90%)
  • Switzerland (7%)
  • The Netherlands (3%)

Industry Focus

  • Software
  • Financial Services
  • Fintech
  • Saas
  • Information Technology
  • Finance
  • Credit Cards
  • Artificial Intelligence (Ai)
  • Supply Chain Management
  • Identity Management
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Alstin Capital frequently co-invest with?

SBI Investment
Asia, Chiba, Japan, Minato
Co-Investments: 3
Neosfer
Europe, Hessen, Germany, Frankfurt
Co-Investments: 3
Rocketship.vc
North America, California, United States, Los Altos
Co-Investments: 2
Reimann Investors
Europe, Bayern, Germany, München
Co-Investments: 2
Shortcut Ventures
Europe, Hamburg, Germany, Hamburg
Co-Investments: 3
First Momentum Ventures
Europe, Baden-Wurttemberg, Germany, Karlsruhe
Co-Investments: 2
Cavalry Ventures
Europe, Berlin, Germany, Berlin
Co-Investments: 2
Motive Ventures
North America, New York, United States, New York
Co-Investments: 2
PortfoLion Capital Partners
Europe, Budapest, Hungary, Budapest
Co-Investments: 2
DvH Ventures
Europe, Nordrhein-Westfalen, Germany, Köln
Co-Investments: 2

Which angels does Alstin Capital often collaborate with?

DG
Europe, Zurich, Switzerland, Zürich
Shared Deals: 1
LA
Europe, Lazio, Italy, Rome
Shared Deals: 1
KK
Europe, Baden-Wurttemberg, Germany, Karlsruhe
Shared Deals: 1

What are some of recent deals done by Alstin Capital?

Climatiq

Berlin, Berlin, Germany

Build climate intelligent solutions powered by smart data

CleanTechDeveloper APIsEnterprise SoftwareSoftwareSustainability
Series AJun 25, 2025
Amount Raised: $11,624,649
Circula

Berlin, Berlin, Germany

Circula is an automated app to manage expenses and employee benefits such as meal vouchers that saves about 70% process costs in accounting.

Financial ServicesSaaSSoftwareTravel
Series AMay 7, 2025
Amount Raised: $17,043,498
etalytics

Darmstadt, Hessen, Germany

etalytics offers data-driven energy intelligence solutions using AI. With etaONE®, industries analyze and optimize their energy systems.

Artificial Intelligence (AI)ConsultingSoftware
Series ANov 26, 2024
Amount Raised: $8,393,319
NORBr

Amsterdam, Noord-Holland, The Netherlands

The last payment integration you will ever make, period.

FinanceFinancial ServicesPayments
Series UnknownNov 25, 2024
Amount Raised: $3,136,812
retraced

Düsseldorf, Nordrhein-Westfalen, Germany

Retraced provides a SaaS solution enabling tracing of fashion supply chains with Blockchain technology.

BlockchainFashionRetail TechnologySaaSSupply Chain Management
Series ASep 10, 2024
Amount Raised: $16,530,492
FLOWIT

Opfikon, Zurich, Switzerland

game changing - simple and intuitive AI-assisted holistic employee development in real-time for all organizations, employees and HR theories

Artificial Intelligence (AI)Business DevelopmentHuman ResourcesMachine LearningPersonal DevelopmentSoftware
SeedAug 22, 2024
Amount Raised: $4,698,602
Pliant

Berlin, Berlin, Germany

Pliant helps companies in issuing adaptable physical and virtual credit cards tailored to their unique business requirements and processes.

Credit CardsFinanceFinancial ServicesFinTech
Series AApr 17, 2024
Amount Raised: $19,204,445
Pliant

Berlin, Berlin, Germany

Pliant helps companies in issuing adaptable physical and virtual credit cards tailored to their unique business requirements and processes.

Credit CardsFinanceFinancial ServicesFinTech
Series AJan 16, 2024
Amount Raised: $8,702,851
deskbird

Sankt Gallen, Sankt Gallen, Switzerland

deskbird is the workplace management app that puts employees first.

Meeting SoftwareSchedulingSoftware
Series ASep 6, 2023
Amount Raised: $13,000,000
Pliant

Berlin, Berlin, Germany

Pliant helps companies in issuing adaptable physical and virtual credit cards tailored to their unique business requirements and processes.

Credit CardsFinanceFinancial ServicesFinTech
Series AFeb 17, 2023
Amount Raised: $27,862,825