Capnamic Ventures

Capnamic Ventures, established in 2013 and headquartered in Cologne, Germany, is a venture capital firm specializing in early-stage investments. The firm focuses on technology start-ups, primarily in the German-speaking region, with a particular interest in B2B solutions, digital infrastructure, and digital transformation. Capnamic invests between EUR 500,000 to EUR 3 million in its portfolio companies, drawing on the expertise of its general partners, who have a combined track record of over 70 investments, 30 successful trade sales, and 13 IPOs. The firm unites institutional and corporate investors, providing its portfolio companies with a unique network of sparring partners and customers.

Jorg Binnenbrucker

Founding Partner

Frederik von Bossel

Partner

Franz Diekmann

Investment Manager

Franz Diekmann

Investment Manager

Jason Grüninger

Investment Analyst

Olaf Jacobi

Managing Partner

Benjamin Kleinschnitz

Investment Manager

Christian Knott

Managing Partner

Alexandra Kurmulis

Investment Manager

Markus Merz

Investment Analyst

Niklas Raberg

Partner

Christian Siegele

Founder and Managing Partner

Past deals in Germany

ACCURE Battery Intelligence

Series B in 2025
ACCURE Battery Intelligence GmbH, founded in 2020 and based in Aachen, Germany, specializes in battery data analytics and intelligence. The company's platform is designed to determine and forecast the health of batteries while enabling the management, analysis, and optimization of battery systems. Its solutions, which leverage software and artificial intelligence, assist manufacturers and operators in monitoring the overall health and safety conditions of battery systems throughout their lifecycle. ACCURE serves various sectors, including electric vehicles, home storage systems, and utility-scale storage systems.

OCELL

Series A in 2025
OCELL GmbH, founded in 2018 and based in Gilching, Germany, specializes in developing advanced aerial camera modules that facilitate the generation of remote sensing data for various applications, particularly in forestry, building, and infrastructure sectors. The company employs aerial imagery and machine learning algorithms to provide detailed analyses, including building height assessment, roof quality classification, and tree height measurements. Additionally, OCELL focuses on climate-tech initiatives by creating digital twins of forests, which offer insights into forest growth and carbon storage capacity, thereby aiding in optimal forest management strategies. The company manages over 250,000 hectares of sustainable forest land across Europe, North America, and South America, and is committed to data transparency and effective climate mitigation through innovative solutions in forest management and carbon credit generation.

Black Semiconductor

Series A in 2024
Black Semiconductor is a pioneering manufacturer of semiconductor microchips that specializes in integrating photonic circuits with traditional silicon technology. The company has developed a unique approach that merges electronics and photonics using graphene, enabling unprecedented chip-to-chip communication at high data transfer rates and reduced energy consumption. By harnessing the optical properties of graphene, Black Semiconductor's technology facilitates seamless conversion of electrical signals to light, significantly enhancing bandwidth and reducing latency in data transfer. This innovation allows for longer-distance, high-speed connectivity, replacing traditional copper with optical waveguides to ensure efficient data movement. The company's photonic circuits are designed for compatibility with existing semiconductor manufacturing processes, allowing for easy integration into current chip production lines. In 2025, Black Semiconductor expanded its operations with the construction of a new fabrication facility in Aachen, Germany, which will support scalable pilot production of advanced 300mm wafer technology.

ACCURE Battery Intelligence

Series A in 2023
ACCURE Battery Intelligence GmbH, founded in 2020 and based in Aachen, Germany, specializes in battery data analytics and intelligence. The company's platform is designed to determine and forecast the health of batteries while enabling the management, analysis, and optimization of battery systems. Its solutions, which leverage software and artificial intelligence, assist manufacturers and operators in monitoring the overall health and safety conditions of battery systems throughout their lifecycle. ACCURE serves various sectors, including electric vehicles, home storage systems, and utility-scale storage systems.

Lumiform

Series A in 2022
Lumiform is a Berlin-based company founded in March 2019 by Lukas Blasberg that specializes in digital solutions for quality and safety inspections. The company has developed a platform that allows users to conduct various inspections, from daily checks to comprehensive audits, in an efficient and organized manner. Lumiform's platform enables users to create smart checklists that facilitate observations and corrective actions, thereby simplifying the process of quality and safety assurance. With this digital approach, individuals can easily understand when and how to perform inspections and what steps to take when issues arise, ultimately enhancing the overall monitoring and compliance processes for organizations.

Rencore

Series A in 2022
Rencore is an independent software vendor based in Munich, Germany, specializing in Microsoft 365 Governance, Risk, and Compliance (GRC) solutions. The company's offerings are designed to help organizations manage their Microsoft cloud environments, including SharePoint, Teams, OneDrive, and Azure, by simplifying GRC processes and daily tasks. Rencore's solutions gather relevant information across these platforms, continuously identify compliance violations, and automate enforcement and resolution processes. By providing a flexible and scalable governance framework tailored to specific business needs, Rencore enables IT administrators to focus on strategic initiatives rather than routine governance tasks, ultimately supporting improved business continuity and lifecycle management.

Sharpist

Series A in 2022
Sharpist GmbH, founded in 2017 and headquartered in Berlin, Germany, specializes in digital coaching focused on leadership development. The company's online platform offers a range of services including video coaching, personalized exercises, micro-tasks, and evaluations. It also features expert chat capabilities, allowing organizations to implement and scale executive coaching across their workforce. Sharpist aims to enhance professional growth through its innovative approach to coaching and learning development.

Everstox

Series A in 2021
Everstox is a Munich-based Logistics-as-a-Service (LaaS) company that provides a comprehensive logistics platform designed to enhance e-commerce and retail operations. The platform addresses the complexities of logistics by optimizing warehousing and fulfillment processes, ultimately enabling brands to operate more efficiently. Everstox offers a unified logistics network across Germany, the UK, Europe, and the US, allowing businesses to access tailored warehousing, omnichannel fulfillment, and expedited shipping services. By leveraging cloud technology, the platform facilitates scalable and data-driven solutions that reduce inefficiencies and transport emissions throughout the supply chain. Everstox aims to ensure that all brands have equal access to high-quality logistics services, streamlining operations for improved customer satisfaction and business growth.

Workpath

Series A in 2021
Workpath GmbH, based in Munich, Germany, develops the Workpath Talent Pool, a performance management platform designed for agile and learning organizations. The platform facilitates employee engagement in strategy execution through simple and intuitive workflow tools, enabling organizations to adapt quickly to changing conditions. In addition to its software offerings, Workpath provides various services, including integration for employee management, resources for agile performance management, customized pricing models, and consulting and training during the implementation phase. The company's comprehensive analytics suite also supports executives in making informed decisions regarding focus, budgets, and organizational structures.

ACCURE Battery Intelligence

Series A in 2021
ACCURE Battery Intelligence GmbH, founded in 2020 and based in Aachen, Germany, specializes in battery data analytics and intelligence. The company's platform is designed to determine and forecast the health of batteries while enabling the management, analysis, and optimization of battery systems. Its solutions, which leverage software and artificial intelligence, assist manufacturers and operators in monitoring the overall health and safety conditions of battery systems throughout their lifecycle. ACCURE serves various sectors, including electric vehicles, home storage systems, and utility-scale storage systems.

Capmo

Series B in 2021
Capmo is a Munich-based B2B SaaS startup focused on transforming the construction and real estate industries through innovative digital solutions. Founded in 2018, the company has rapidly expanded, growing its team to nearly 70 employees from over 15 countries. Capmo's platform utilizes artificial intelligence to streamline construction management, enhancing task management, building documentation, and defect management processes. It also facilitates direct synchronization of plans among employees, trades, and subcontractors, supporting efficient project execution. By the end of 2022, Capmo aims to redefine the digital landscape of the construction sector in Germany, Austria, and Switzerland, helping clients deliver projects such as homes, schools, and hospitals on time, within budget, and in an environmentally friendly manner. The company serves several hundred customers and tens of thousands of users across Europe, managing more than 10,000 construction projects with its software.

Aifora

Seed Round in 2021
aifora GmbH is a software company based in Düsseldorf, Germany, founded in 2017. It specializes in developing a platform that predicts consumer behavior and offers automation solutions for retail companies. The company's software utilizes big data and machine learning to provide services such as price optimization and inventory management, helping retailers make informed decisions about order quantities and merchandise distribution. By leveraging deep learning algorithms, aifora enables businesses to create customer-centric merchandising strategies, optimize pricing, and manage promotional activities effectively. The platform aims to improve profitability and enhance customer experiences while fostering a shared data ecosystem among brands and retailers. Through intelligent automation, aifora reduces the burden of repetitive tasks, allowing merchandisers to concentrate on product innovation and enhancing consumer engagement.

parcelLab

Series C in 2021
parcelLab GmbH is a Munich-based company that specializes in cloud-based solutions for online retailers, focusing on enhancing the post-purchase customer experience. Founded in 2014, the company offers a platform that enables real-time monitoring of parcel deliveries, helping retailers manage discrepancies and improve delivery management. By integrating carrier services and utilizing big data analysis, parcelLab provides proactive customer notifications and automates communication to enhance customer satisfaction and retention. Its technology is particularly beneficial for sectors such as fashion, consumer electronics, and furniture retail, allowing businesses to predict delivery delays and offer compensatory measures like coupons, ultimately aiming to boost revenue and reduce operational costs.

Unu motors

Venture Round in 2021
Unu GmbH, founded in 2013 and headquartered in Berlin, Germany, specializes in the design, development, and sale of electric scooters. The company aims to enhance urban mobility by providing stylish, emission-free, and quiet scooters that feature portable batteries, allowing users to charge them conveniently at home. Unu's first electric scooter was launched in 2014, marking the beginning of its commitment to connecting people with their cities. In addition to selling scooters through retail outlets and online, the company offers various financing options and after-sales support services to enhance customer experience.

Everstox

Seed Round in 2020
Everstox is a Munich-based Logistics-as-a-Service (LaaS) company that provides a comprehensive logistics platform designed to enhance e-commerce and retail operations. The platform addresses the complexities of logistics by optimizing warehousing and fulfillment processes, ultimately enabling brands to operate more efficiently. Everstox offers a unified logistics network across Germany, the UK, Europe, and the US, allowing businesses to access tailored warehousing, omnichannel fulfillment, and expedited shipping services. By leveraging cloud technology, the platform facilitates scalable and data-driven solutions that reduce inefficiencies and transport emissions throughout the supply chain. Everstox aims to ensure that all brands have equal access to high-quality logistics services, streamlining operations for improved customer satisfaction and business growth.

ACCURE Battery Intelligence

Seed Round in 2020
ACCURE Battery Intelligence GmbH, founded in 2020 and based in Aachen, Germany, specializes in battery data analytics and intelligence. The company's platform is designed to determine and forecast the health of batteries while enabling the management, analysis, and optimization of battery systems. Its solutions, which leverage software and artificial intelligence, assist manufacturers and operators in monitoring the overall health and safety conditions of battery systems throughout their lifecycle. ACCURE serves various sectors, including electric vehicles, home storage systems, and utility-scale storage systems.

Userlane

Series B in 2020
Userlane GmbH, founded in 2015 and based in Munich, Germany, specializes in a software navigation solution that automates user onboarding and employee training. By providing interactive guides, Userlane helps organizations enhance trial conversion, reduce support costs, and increase user engagement without the need for coding or altering existing software. Its digital adoption platform enables companies to create step-by-step guides easily, facilitating the implementation of these guides across their software without significant effort. Additionally, Userlane offers features such as in-app communication and user analytics, which provide valuable insights for optimizing the user experience and improving overall productivity. The company's services cater to SaaS providers, customer care managers, and employers looking to streamline training processes and eliminate digital friction.

Capmo

Series A in 2020
Capmo is a Munich-based B2B SaaS startup focused on transforming the construction and real estate industries through innovative digital solutions. Founded in 2018, the company has rapidly expanded, growing its team to nearly 70 employees from over 15 countries. Capmo's platform utilizes artificial intelligence to streamline construction management, enhancing task management, building documentation, and defect management processes. It also facilitates direct synchronization of plans among employees, trades, and subcontractors, supporting efficient project execution. By the end of 2022, Capmo aims to redefine the digital landscape of the construction sector in Germany, Austria, and Switzerland, helping clients deliver projects such as homes, schools, and hospitals on time, within budget, and in an environmentally friendly manner. The company serves several hundred customers and tens of thousands of users across Europe, managing more than 10,000 construction projects with its software.

Buena

Series A in 2020
Buena cares for your apartments, tenants, and every task that comes with being a landlord. That’s more time for you.

parcelLab

Series B in 2019
parcelLab GmbH is a Munich-based company that specializes in cloud-based solutions for online retailers, focusing on enhancing the post-purchase customer experience. Founded in 2014, the company offers a platform that enables real-time monitoring of parcel deliveries, helping retailers manage discrepancies and improve delivery management. By integrating carrier services and utilizing big data analysis, parcelLab provides proactive customer notifications and automates communication to enhance customer satisfaction and retention. Its technology is particularly beneficial for sectors such as fashion, consumer electronics, and furniture retail, allowing businesses to predict delivery delays and offer compensatory measures like coupons, ultimately aiming to boost revenue and reduce operational costs.

Statice

Seed Round in 2019
Statice GmbH is a data privacy company based in Berlin, Germany, founded in 2018. The company specializes in automated data anonymization software that enables organizations to conduct complex data analysis while adhering to privacy regulations. By utilizing privacy-preserving technologies, Statice helps businesses unlock the potential of their data without compromising individual privacy. The software provides synthetic data for purposes such as customer insights, product development, and collaborative research, allowing companies to engage in legally compliant statistical analyses. With growing concerns over data privacy, Statice supports organizations in balancing data-driven innovation with the need to safeguard personal information.

Aifora

Seed Round in 2019
aifora GmbH is a software company based in Düsseldorf, Germany, founded in 2017. It specializes in developing a platform that predicts consumer behavior and offers automation solutions for retail companies. The company's software utilizes big data and machine learning to provide services such as price optimization and inventory management, helping retailers make informed decisions about order quantities and merchandise distribution. By leveraging deep learning algorithms, aifora enables businesses to create customer-centric merchandising strategies, optimize pricing, and manage promotional activities effectively. The platform aims to improve profitability and enhance customer experiences while fostering a shared data ecosystem among brands and retailers. Through intelligent automation, aifora reduces the burden of repetitive tasks, allowing merchandisers to concentrate on product innovation and enhancing consumer engagement.

Unu motors

Series B in 2018
Unu GmbH, founded in 2013 and headquartered in Berlin, Germany, specializes in the design, development, and sale of electric scooters. The company aims to enhance urban mobility by providing stylish, emission-free, and quiet scooters that feature portable batteries, allowing users to charge them conveniently at home. Unu's first electric scooter was launched in 2014, marking the beginning of its commitment to connecting people with their cities. In addition to selling scooters through retail outlets and online, the company offers various financing options and after-sales support services to enhance customer experience.

Ndgit

Series A in 2018
NDGIT GmbH, established in 2015 and headquartered in Munich, Germany, specializes in developing banking software-as-a-service solutions centered around APIs. The company's core offering, API-Platform, facilitates secure management of internal and external APIs, providing cross-functional tools tailored to the banking and insurance industries. Additionally, NDGIT provides access-to-account APIs for PSD2 compliance, a banking API marketplace, and a multi-aggregator API solution enabling users to access and manage their financial accounts across various banks. The company also develops custom applications for banks, insurers, and fintech firms, fostering digital innovation in the financial sector.

Innoactive

Series A in 2018
Innoactive GmbH, founded in 2013 and based in Munich, Germany, specializes in developing virtual and augmented reality (VR/AR) enterprise software tailored for industries such as automotive, aerospace, pharmaceuticals, and retail. The company focuses on simplifying the creation and use of collaborative VR/AR applications for planning, simulation, and training. Innoactive Portal serves as a central platform for content management, allowing employees to meet virtually and enhance their workstations regardless of their location. Additionally, the company offers a starter kit that includes VR headsets, mobile workstations, and notebooks available for rent, facilitating seamless integration of VR/AR technology into various business operations.

Userlane

Series A in 2018
Userlane GmbH, founded in 2015 and based in Munich, Germany, specializes in a software navigation solution that automates user onboarding and employee training. By providing interactive guides, Userlane helps organizations enhance trial conversion, reduce support costs, and increase user engagement without the need for coding or altering existing software. Its digital adoption platform enables companies to create step-by-step guides easily, facilitating the implementation of these guides across their software without significant effort. Additionally, Userlane offers features such as in-app communication and user analytics, which provide valuable insights for optimizing the user experience and improving overall productivity. The company's services cater to SaaS providers, customer care managers, and employers looking to streamline training processes and eliminate digital friction.

Lana Labs

Seed Round in 2018
Lana Labs GmbH, founded in 2016 and based in Berlin, Germany, specializes in process mining software through its flagship product, LANA. The company offers a platform that enables businesses to visualize and analyze their processes by utilizing an intelligent machine learning algorithm. This technology facilitates automated root cause analysis, allowing organizations to identify patterns and optimize their processes effectively. LANA provides customizable dashboards for continuous monitoring and improvement of value chains, enabling clients to uncover data-driven savings and enhance operational efficiency. By supporting automated analyses of business and production processes, Lana Labs aims to help companies become smarter, more efficient, and quicker in their operations.

Learnship

Venture Round in 2018
Learnship is a German company that specializes in online enterprise language training, offering a unique Live Teaching Method that revolutionizes traditional face-to-face language instruction. The company aims to enhance employees' communication skills in foreign languages, making their learning experience highly customized and effective. By leveraging proprietary distance learning technology, Learnship provides a cost-efficient alternative to onsite training, allowing organizations to achieve significant savings and return on investment without sacrificing quality. Its courses are delivered successfully in over 75 countries, serving approximately 2,000 corporations across Europe and America. This flexible virtual classroom approach enables businesses to improve productivity by fully unlocking the potential of their workforce.

Wundertax

Series A in 2017
Wundertax GmbH, established in 2015 and headquartered in Berlin, Germany, specializes in online tax return filing and related services. The company offers a platform that allows users to submit their tax returns efficiently, utilizing an integrated optimization check and a live tax calculator to maximize potential refunds. This service is designed to be accessible without the need for prior tax knowledge or a tax advisor, providing users with clear guidance and support throughout the tax declaration process.

CrossEngage

Venture Round in 2017
CrossEngage GmbH is a Berlin-based company specializing in cross-channel marketing solutions, founded in 2015. It offers a customer data and engagement platform that integrates with various data sources and marketing channels, allowing digital marketers to efficiently manage their campaigns across email, real-time advertising, onsite interactions, and push notifications. The platform provides comprehensive user profiles and advanced segmentation options based on sociodemographic and purchase history data, enabling personalized and consistent communication with customers. CrossEngage aims to enhance customer engagement and loyalty by addressing the challenges of uncoordinated marketing efforts, thus facilitating a more effective marketing strategy for its clients. The company also has an office in London, further expanding its reach within the European market.

Unu motors

Series A in 2017
Unu GmbH, founded in 2013 and headquartered in Berlin, Germany, specializes in the design, development, and sale of electric scooters. The company aims to enhance urban mobility by providing stylish, emission-free, and quiet scooters that feature portable batteries, allowing users to charge them conveniently at home. Unu's first electric scooter was launched in 2014, marking the beginning of its commitment to connecting people with their cities. In addition to selling scooters through retail outlets and online, the company offers various financing options and after-sales support services to enhance customer experience.

COBI

Series A in 2016
COBI GmbH, founded in 2014 and based in Frankfurt, Germany, specializes in developing smart connected biking systems that enhance the cycling experience through intelligent assistance. The company offers a modular system that integrates multiple accessories, including bike navigation, lighting, a smartphone holder with charging capabilities, an alarm system, a bell, and a bike computer. This cohesive design aims to transform the way users interact with their bicycles, promoting fun, comfort, and safety. The COBI system also features upgradeable hardware and software, along with a developer SDK that supports third-party applications, wearables, and various bike components. As of September 2017, COBI GmbH operates as a subsidiary of Bosch eBike Systems.

CrossEngage

Seed Round in 2016
CrossEngage GmbH is a Berlin-based company specializing in cross-channel marketing solutions, founded in 2015. It offers a customer data and engagement platform that integrates with various data sources and marketing channels, allowing digital marketers to efficiently manage their campaigns across email, real-time advertising, onsite interactions, and push notifications. The platform provides comprehensive user profiles and advanced segmentation options based on sociodemographic and purchase history data, enabling personalized and consistent communication with customers. CrossEngage aims to enhance customer engagement and loyalty by addressing the challenges of uncoordinated marketing efforts, thus facilitating a more effective marketing strategy for its clients. The company also has an office in London, further expanding its reach within the European market.

Unu motors

Seed Round in 2015
Unu GmbH, founded in 2013 and headquartered in Berlin, Germany, specializes in the design, development, and sale of electric scooters. The company aims to enhance urban mobility by providing stylish, emission-free, and quiet scooters that feature portable batteries, allowing users to charge them conveniently at home. Unu's first electric scooter was launched in 2014, marking the beginning of its commitment to connecting people with their cities. In addition to selling scooters through retail outlets and online, the company offers various financing options and after-sales support services to enhance customer experience.

COBI

Seed Round in 2015
COBI GmbH, founded in 2014 and based in Frankfurt, Germany, specializes in developing smart connected biking systems that enhance the cycling experience through intelligent assistance. The company offers a modular system that integrates multiple accessories, including bike navigation, lighting, a smartphone holder with charging capabilities, an alarm system, a bell, and a bike computer. This cohesive design aims to transform the way users interact with their bicycles, promoting fun, comfort, and safety. The COBI system also features upgradeable hardware and software, along with a developer SDK that supports third-party applications, wearables, and various bike components. As of September 2017, COBI GmbH operates as a subsidiary of Bosch eBike Systems.

Travador

Venture Round in 2014
Travador, based in Munich and founded in 2013, operates an online travel platform that specializes in event travel across Europe. The company offers a variety of holiday packages tailored to different interests, including wellness, music, sports, and the arts. By focusing on unique experiences at competitive prices, Travador aims to transform short trips into memorable adventures. With a well-organized and thoroughly researched approach, the platform caters to travelers seeking both relaxation and excitement, having served over 100,000 customers to date.

Mediakraft Networks

Series B in 2014
Mediakraft Networks is a European online television network founded in 2011 and headquartered in Cologne, Germany. The company specializes in creating and marketing digital content, focusing on programs that cater to young audiences with themes like entertainment, beauty, sports, and current events. Mediakraft Networks offers services that include the production, distribution, and marketing of online video content, as well as influencer campaigns. Additionally, it advises businesses on social media strategies and manages the promotion of online video artists, aiming to enhance their visibility across various digital platforms.

Glamloop

Seed Round in 2013
Glamloop is a recommerce marketplace based in Munich that specializes in preloved fashion and accessories from premium brands and designers. The platform offers a curated selection of high-quality, authentic items at competitive prices. Founded in March 2013 by Alexandra Podeanu and Kiana Mardi, Glamloop collaborates with fashion consultants who assist sellers in selecting items from their wardrobes for sale. This social re-commerce marketplace aims to provide a trusted environment for consumers looking to purchase unique luxury goods while promoting sustainable fashion practices.
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