
Capnamic Ventures
Description
Capnamic Ventures is a prominent early-stage venture capital firm with offices in Cologne and Berlin, Germany, specializing in investments across the DACH region (Germany, Austria, Switzerland). Established with a clear focus on B2B technology, the firm primarily targets companies in sectors such as SaaS, enterprise tech, digital infrastructure, artificial intelligence, and the future of work. Capnamic distinguishes itself through its deep industry expertise and a hands-on approach, aiming to support ambitious founders from Seed to Series A stages. Their commitment to the German-speaking market has solidified their reputation as a key player in the regional startup ecosystem.
The firm's investment strategy centers on providing initial capital to promising startups, typically deploying first checks ranging from €500,000 to €4 million. This initial investment is often followed by significant capital injections in subsequent rounds, with Capnamic capable of investing up to €10 million or more throughout a company's lifecycle. This flexible and long-term funding approach allows them to support portfolio companies through critical growth phases, from product-market fit to scaling operations internationally. Their sector-specific focus ensures they bring not only capital but also strategic guidance and network access to their portfolio.
Capnamic Ventures has demonstrated consistent growth in its funding capabilities, reflecting its success and investor confidence. In late 2023, the firm announced the final close of its fourth fund, Capnamic Ventures Fund IV, at an impressive €190 million. This latest fund brings their total assets under management (AUM) to over €400 million, underscoring their substantial capacity to back innovative technology companies. Over the years, Capnamic has built a robust portfolio of successful ventures, including notable companies like LeanIX (acquired by SAP), Adjust (acquired by AppLovin), and Staffbase, which achieved unicorn status. Their track record of successful exits and portfolio growth reinforces their position as a leading early-stage investor in Europe.
Investor Profile
Capnamic Ventures has backed more than 120 startups, with 12 new investments in the last 12 months alone. The firm has led 50 rounds, about 42% of its total and boasts 15 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in Germany, United States, United Kingdom.
- Strong thematic focus on Software, SaaS, Artificial Intelligence (AI).
- Led 7 rounds in the past year.
- Typical check size: $540K – $4.3M.
Stage Focus
- Seed (35%)
- Series A (28%)
- Series B (13%)
- Series Unknown (9%)
- Series C (8%)
- Pre Seed (5%)
- Series D (2%)
- Series E (1%)
Country Focus
- Germany (83%)
- United States (6%)
- United Kingdom (5%)
- Poland (2%)
- France (2%)
- Switzerland (2%)
- The Netherlands (1%)
- Sweden (1%)
Industry Focus
- Software
- Saas
- Artificial Intelligence (Ai)
- Information Technology
- Analytics
- E-commerce
- Machine Learning
- Enterprise Software
- Internet
- Logistics
Frequently Asked Questions
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