SquareOne II

SquareOne II is a venture capital fund managed by Paua Ventures, established in Berlin, Germany, in 2015. The fund focuses on early-stage investments in European technology companies, particularly in sectors such as software-as-a-service, B2B marketplaces, B2C mobile solutions, mobile enterprise applications, and e-commerce. SquareOne II aims to invest in approximately 20 startups over three years, with individual investment amounts ranging from $0.25 million to $2.5 million. Paua Ventures, the firm behind SquareOne II, has built a reputation as a leading tech investor in Berlin, emphasizing its role as both a lead and co-investor to support entrepreneurs. By leveraging a robust network of executives and tech entrepreneurs, the fund strives to foster the development of successful B2B software and deep tech businesses across Europe.

Levent Altunel

Investment Associate

Charlotte Baumhauer

Investment Associate

Christian Buchenau

Co-Founder, Managing Director and Partner

Christophe Defforey

Co-Founding Partner

Georg Stockinger

Partner

Federico Wengi

Partner

Past deals in Berlin

Hygraph

Series B in 2023
Hygraph, formerly known as GraphCMS, is a company based in Gießen, Germany, that provides tools for developers and content creators to build and manage content APIs. Founded in 2017, Hygraph enables developers to create powerful content APIs quickly, facilitating seamless integration with websites, applications, and other platforms. The platform offers a comprehensive set of tools that empower content creators to efficiently manage their content, streamlining the content infrastructure necessary for digital products. By focusing on both development and content management needs, Hygraph serves agencies and enterprises looking to enhance their digital presence.

Otterspace

Seed Round in 2022
Otterspace is an NFT company focused on leveraging earned NFTs to reward and recognize participation in decentralized autonomous organizations (DAOs). The company's non-transferable badge protocol helps DAOs create effective incentive systems, automate permissions, and facilitate governance without relying on financial incentives. Otterspace also develops DAO onboarding software that features a modular and composable toolset, designed to streamline the user experience for joining and contributing to a DAO. This approach aims to make the transition to decentralized governance clear and accessible, particularly for those familiar with traditional Web2 environments.

Keelvar

Series B in 2022
Keelvar Systems Ltd. provides innovative sourcing software solutions aimed at local and central governments and energy utilities in Ireland and internationally. Founded in 2008 and headquartered in Bishopstown, Ireland, with regional offices in Dublin, Dallas, Pittsburgh, London, and Berlin, the company specializes in advanced sourcing for procurement and supply chain management. Its offerings include Sourcing Optimizer, which facilitates tailored price collection; Sourcing Automation, an API-driven tool for intelligent sourcing; and Fulfillment Optimizer, a digital rate card that automates sourcing events. Keelvar’s technology also includes network operations solutions for supplier information capture and equipment and vehicle fleet solutions for multi-category discounts. The company's auction technology addresses budget conflicts while helping to balance cost-effective outcomes between large and small suppliers. By automating sourcing processes, Keelvar's software enhances the efficiency and effectiveness of procurement activities across various industries, including automotive, pharmaceutical, food, manufacturing, and retail.

Deed

Series A in 2021
Deed Inc. is a community engagement platform established in 2015, headquartered in Brooklyn, New York, with additional locations in Berlin and San Francisco. The company focuses on connecting individuals and organizations with meaningful local opportunities for social impact, emphasizing volunteerism and philanthropy. By offering a range of high-impact volunteering options across various interest areas, including environmental issues, youth development, and animal care, Deed enables users to actively contribute to their communities. Additionally, the platform assists companies in tracking their corporate social responsibility (CSR) efforts, allowing them to communicate their social impact effectively to employees and customers. Through its innovative approach, Deed fosters a community of socially conscious individuals striving to make a positive difference.

Lhotse

Venture Round in 2021
Developer of a cloud-based procurement software designed for modern procurement and optimizing non-strategic spending. The company's software automates and simplifies procurement journeys and intelligently guides employees through end-to-end processes from request to supplier identification, coordination and offer selection, enabling clients to optimize costs and manage tactical spending.

Hygraph

Series A in 2021
Hygraph, formerly known as GraphCMS, is a company based in Gießen, Germany, that provides tools for developers and content creators to build and manage content APIs. Founded in 2017, Hygraph enables developers to create powerful content APIs quickly, facilitating seamless integration with websites, applications, and other platforms. The platform offers a comprehensive set of tools that empower content creators to efficiently manage their content, streamlining the content infrastructure necessary for digital products. By focusing on both development and content management needs, Hygraph serves agencies and enterprises looking to enhance their digital presence.

Xolo

Seed Round in 2021
Developer of a novel volumetric three-dimensional printing technology intended to enable the manufacturing of complex multi-component objects at high speed. The company's technology offers system control, object import, connectivity, transformations, slicer tools, print videos, material selectors, and low-level access, enabling manufacturing industries to generate three-dimensional objects with complex structural features as well as mechanical and optical functions.

Deed

Seed Round in 2020
Deed Inc. is a community engagement platform established in 2015, headquartered in Brooklyn, New York, with additional locations in Berlin and San Francisco. The company focuses on connecting individuals and organizations with meaningful local opportunities for social impact, emphasizing volunteerism and philanthropy. By offering a range of high-impact volunteering options across various interest areas, including environmental issues, youth development, and animal care, Deed enables users to actively contribute to their communities. Additionally, the platform assists companies in tracking their corporate social responsibility (CSR) efforts, allowing them to communicate their social impact effectively to employees and customers. Through its innovative approach, Deed fosters a community of socially conscious individuals striving to make a positive difference.

Deed

Seed Round in 2020
Deed Inc. is a community engagement platform established in 2015, headquartered in Brooklyn, New York, with additional locations in Berlin and San Francisco. The company focuses on connecting individuals and organizations with meaningful local opportunities for social impact, emphasizing volunteerism and philanthropy. By offering a range of high-impact volunteering options across various interest areas, including environmental issues, youth development, and animal care, Deed enables users to actively contribute to their communities. Additionally, the platform assists companies in tracking their corporate social responsibility (CSR) efforts, allowing them to communicate their social impact effectively to employees and customers. Through its innovative approach, Deed fosters a community of socially conscious individuals striving to make a positive difference.

Keelvar

Series A in 2020
Keelvar Systems Ltd. provides innovative sourcing software solutions aimed at local and central governments and energy utilities in Ireland and internationally. Founded in 2008 and headquartered in Bishopstown, Ireland, with regional offices in Dublin, Dallas, Pittsburgh, London, and Berlin, the company specializes in advanced sourcing for procurement and supply chain management. Its offerings include Sourcing Optimizer, which facilitates tailored price collection; Sourcing Automation, an API-driven tool for intelligent sourcing; and Fulfillment Optimizer, a digital rate card that automates sourcing events. Keelvar’s technology also includes network operations solutions for supplier information capture and equipment and vehicle fleet solutions for multi-category discounts. The company's auction technology addresses budget conflicts while helping to balance cost-effective outcomes between large and small suppliers. By automating sourcing processes, Keelvar's software enhances the efficiency and effectiveness of procurement activities across various industries, including automotive, pharmaceutical, food, manufacturing, and retail.

Hygraph

Seed Round in 2020
Hygraph, formerly known as GraphCMS, is a company based in Gießen, Germany, that provides tools for developers and content creators to build and manage content APIs. Founded in 2017, Hygraph enables developers to create powerful content APIs quickly, facilitating seamless integration with websites, applications, and other platforms. The platform offers a comprehensive set of tools that empower content creators to efficiently manage their content, streamlining the content infrastructure necessary for digital products. By focusing on both development and content management needs, Hygraph serves agencies and enterprises looking to enhance their digital presence.

Phase

Seed Round in 2019
Phase is a developer of a web design platform that focuses on creating and animating micro-interactions. The platform provides a visual and intuitive digital design tool that allows designers to prototype applications and websites using live data. It facilitates the importation of various design assets, enabling the creation of user interface animations. Additionally, Phase's platform supports multiple formats for sharing designs with developers, streamlining the collaboration process in digital design projects.

Hygraph

Seed Round in 2018
Hygraph, formerly known as GraphCMS, is a company based in Gießen, Germany, that provides tools for developers and content creators to build and manage content APIs. Founded in 2017, Hygraph enables developers to create powerful content APIs quickly, facilitating seamless integration with websites, applications, and other platforms. The platform offers a comprehensive set of tools that empower content creators to efficiently manage their content, streamlining the content infrastructure necessary for digital products. By focusing on both development and content management needs, Hygraph serves agencies and enterprises looking to enhance their digital presence.

Phase

Seed Round in 2018
Phase is a developer of a web design platform that focuses on creating and animating micro-interactions. The platform provides a visual and intuitive digital design tool that allows designers to prototype applications and websites using live data. It facilitates the importation of various design assets, enabling the creation of user interface animations. Additionally, Phase's platform supports multiple formats for sharing designs with developers, streamlining the collaboration process in digital design projects.

AskBy

Seed Round in 2018
AskBy GmbH provides data analytics with the help of Artificial driven technology. They provide sequence to sequence training, and translation from natural language to formal language such as SQL, API calls or other query languages. It is based in Berlin, Germany.

RiseML

Seed Round in 2017
RiseML GmbH, founded in September 2016 and based in Berlin, Germany, offers a machine learning platform designed to streamline the execution of deep learning experiments on both bare metal and cloud GPU clusters. The company's software provides a unified interface that simplifies the management of deep learning infrastructure, allowing teams to efficiently scale their operations. Its command-line interface enables users to prepare, run, and monitor experiments directly from their workstations, supporting all major machine and deep learning frameworks. This capability allows users to track progress, analyze results, and deploy machine learning technologies seamlessly across various devices.

Homeday

Series A in 2016
Homeday GmbH, founded in 2014 and based in Cologne, Germany, operates an online platform that connects private property owners with real estate agents. The company utilizes data-driven methods to facilitate this pairing, enhancing the efficiency of property sales. In addition to its matching services, Homeday offers a range of related services including property appraisal, land valuation, real estate financing, and leasing assistance. By providing comprehensive support, the platform enables clients to effectively advertise their properties across major real estate portals, thereby transforming the process of buying and selling real estate.

Kiwi

Series A in 2015
KIWI is the keyless entry system for house and apartment doors of apartment buildings. Access can be centrally managed online in real time via the KIWI Portal. Property managers are spared unnecessary trips. There is also no need to worry about having the right key in the right place at the right time. Over 110,000 residential units are connected to the KIWI infrastructure and more than 600 housing companies are KIWI customers. KIWI doors are already opened over 500,000 times a month with KIWI. KIWI is a service of KIWI.KI GmbH. The Berlin-based company was founded in February 2012. It is managed by Karsten Nölling, CEO, and Hannah Nöthig. More information on www.kiwi.ki.

Mbrace

Seed Round in 2014
Mbrace Labs GmbH, founded in 2013 and based in Berlin, Germany, offers an innovative mobile network application designed to help users discover new connections in their vicinity. The application, known as mbrace, enables individuals to find relevant people nearby for shared activities, friendships, or dating. By utilizing public data, mbrace constructs user profiles and individual graphs to recommend potential connections based on location, time, and context. This focus on enhancing social interactions through technology positions Mbrace Labs as a unique player in the mobile networking landscape.

Amorelie

Seed Round in 2014
Amorelie is an e-commerce retailer specializing in sensual lifestyle products. The company offers a diverse selection of items, including sex toys such as vibrators and dildos, as well as lingerie, corsages, cosmetic products, books, and massage oils. By providing a wide range of intimate products, Amorelie aims to enhance customers' love lives while maintaining affordability. The platform is designed to cater to various preferences and needs, creating an accessible shopping experience for individuals seeking to explore and improve their intimate relationships.

Kiwi

Convertible Note in 2013
KIWI is the keyless entry system for house and apartment doors of apartment buildings. Access can be centrally managed online in real time via the KIWI Portal. Property managers are spared unnecessary trips. There is also no need to worry about having the right key in the right place at the right time. Over 110,000 residential units are connected to the KIWI infrastructure and more than 600 housing companies are KIWI customers. KIWI doors are already opened over 500,000 times a month with KIWI. KIWI is a service of KIWI.KI GmbH. The Berlin-based company was founded in February 2012. It is managed by Karsten Nölling, CEO, and Hannah Nöthig. More information on www.kiwi.ki.

JustBook

Seed Round in 2012
JustBook is a hotel shopping club.

Flaconi

Venture Round in 2012
Flaconi GmbH is an online retailer based in Berlin, Germany, specializing in a diverse selection of perfumes and beauty products. Founded in 2011, the company provides customers with an extensive range of offerings, including skincare, makeup, hair care, and organic cosmetics. Flaconi emphasizes the quality and safety of its products, featuring items that are organic and herbal in nature, ensuring they have no side effects. This commitment to a broad and safe product assortment allows Flaconi to meet the varied beauty needs of its customers.

JustBook

Seed Round in 2012
JustBook is a hotel shopping club.
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