Press Release

Capnamic closes USD 215m venture capital fund for early-stage investments in German-speaking countries

03.03.2022, Cologne - Early-stage investor Capnamic today announces its third venture capital fund of USD 215m. The fund focuses on Pre-Seed to Series A investments in technology-based startups from the German-speaking region. A mix of institutional and corporate investors as well as numerous successful entrepreneurs have invested in the fund, including companies such as Evonik, Neue Zürcher Zeitung, Fressnapf, organizations of the Sparkassen Finanzgruppe, Rheinische Post and CEWE, and startup founders such as Jörg Gerbig (Lieferando), Dirk Graber (Mister Spex) and Verena Pausder (Fox & Sheep). With this diverse network of fund investors, Capnamic creates strong access to exclusive knowledge, contacts and growth opportunities for its portfolio companies.

"Since its inception, Capnamic has been dedicated to one goal only: to support the most promising tech startups from the German-speaking region in the best possible way to grow and scale internationally. We are very pleased that Capnamic's success to date has convinced a number of major fund investors. With our new, oversubscribed USD 215m fund, we will jointly invest in the next generation of global tech champions and accompany them on their way to success," says Christian Siegele, Managing Partner of Capnamic.

Like its predecessor funds, Capnamic I (USD 45m) and Capnamic II (USD 130m), the third fund is clearly focused on investments in startups in the early stages of their activity. In addition to investments in Seed and Series A financing rounds, with Capnamic III the VC is strongly increasing its commitments in Pre-Seed phases in order to support promising teams even earlier and help them grow.

Capnamic III has already invested in edtech startup Cleverly, outcome management specialist Workpath, wearable tech company Nanoleq, coaching platform Sharpist and no-code startup Cedalo.

About Capnamic 

Capnamic is a leading European early-stage Venture Capital firm, with offices in Cologne, Berlin and Munich. The VC invests in outstanding teams from the German-speaking regions from Pre-Seed up to Series A. Capnamic’s investments include companies such as LeanIX, Staffbase, Adjust (exit to Applovin) parcelLab or Capmo, amongst others. All portfolio companies can rely on Capnamic’s unique network of global investors and industry partners as well as hands-on support, mentoring and knowledge exchange. The vast expertise of the Capnamic team includes more than 100 investments, a high turnover of successful trade sales and IPOs, as well as a strong entrepreneurial track record within the investment team. The general partners are Christian Siegele, Christian Knott, Jörg Binnenbrücker and Olaf Jacobi.

The latest from Capnamic

All news
News
Connect