eCAPITAL ENTREPRENEURIAL PARTNERS

eCapital Entrepreneurial Partners AG is a private equity and venture capital firm based in Münster, Germany, with an additional office in Moers. Established in 1999, it specializes in funding seed, startup, mid, late, and growth stage investments primarily in small and medium-sized enterprises. The firm focuses on sectors such as software and information technology, cybersecurity, industry 4.0, new materials, and cleantech. eCapital typically invests between €0.1 million and €10 million in its portfolio companies, with seed investments ranging from €0.25 million to €0.75 million and growth capital investments between €2 million and €3 million. The firm aims for minority stakes, typically not exceeding 15%, and seeks to exit investments through avenues like IPOs and trade sales. Currently, eCapital manages over €220 million in assets and is committed to supporting entrepreneurs in building impactful businesses, primarily within Germany and neighboring regions.

Katharina Frie

Investment Manager

Michael Mayer

Partner

Lucas Merle

Principal

Paul-Josef Patt

Managing Partner and CEO

Steffen Reinecke

Principal

Hannes Schill

Partner

112 past transactions

node.energy

Series B in 2025
node.energy GmbH is a software-as-a-service company that specializes in the optimization of local energy micro grids for commercial and industrial real estate. Founded in 2016 and headquartered in Frankfurt am Main, Germany, node.energy provides the opti.node application, which enables businesses with on-site power generation to effectively reduce energy costs and minimize their carbon dioxide emissions. The company's solutions support energy managers and metering service providers by significantly reducing administrative burdens and ensuring compliance with current regulations. Additionally, node.energy offers features such as electricity tax relief analysis and automated reporting, alongside planning and advisory services, to facilitate companies' energy transitions and enhance their operational efficiency.

Exein

Series B in 2024
Exein is a cybersecurity company that specializes in protecting devices through its innovative firmware security software and middleware. The platform is designed to be embedded directly into hardware, functioning like a vaccine to enhance security from within. By operating at a lower level within the firmware, Exein aims to address the significant security threats associated with connected smart devices and the vulnerabilities present in their firmware. This approach not only enhances device protection but also ensures that the privacy and security of the device's data are maintained.

Dryad Networks

Convertible Note in 2024
Dryad Networks GmbH, based in Berlin and Eberswalde, Germany, specializes in innovative fire detection and forest health monitoring solutions aimed at protecting vital ecosystems. Founded in 2020, the company develops a large-scale Internet of Things (IoT) network that allows public and private forest owners to monitor and analyze their woodlands effectively. Dryad's technology integrates sensor nodes, distributed gateways, and a robust analytics platform, enabling early detection of wildfires and safeguarding against various environmental threats. By focusing on the preservation of forests, Dryad Networks contributes to the protection of essential carbon sinks and natural habitats, ensuring their longevity for future generations.

BEEoled

Series A in 2023
BEEoled specializes in advanced OLED technology, focusing on the development of blue elementary emitters. The company utilizes a unique approach by designing organic light-emitting diodes around a single atom, allowing for the creation of various colors through the mixing of three primary colors. This innovative technology enhances the efficiency, brightness, and operational stability of OLED displays while reducing overall production costs due to a simpler device structure. BEEoled's advancements enable manufacturers to produce high-quality displays for smartphones, screens, and televisions, contributing to the evolution of display technology in the consumer electronics market.

QuoIntelligence

Seed Round in 2023
QuoIntelligence is a company specializing in digital risk protection and threat intelligence, aimed at helping organizations identify and mitigate security risks. The firm operates in Germany, Italy, Spain, and the United States, serving clients in critical sectors such as government, finance, insurance, manufacturing, and transportation. QuoIntelligence provides a threat intelligence platform that delivers finished intelligence reports, which are crafted by a diverse team to offer comprehensive contextual analysis. This enables businesses to make informed security decisions, close security gaps, and comply with regulatory requirements.

Tenzir

Seed Round in 2023
Tenzir specializes in cybersecurity solutions that focus on simplifying data management through its innovative open-core platform. This platform allows security teams to create efficient security data pipelines using easy-to-integrate components. By emphasizing open standards and interoperability, Tenzir’s solution facilitates the acquisition and processing of data from diverse sources in a streamlined manner. This enables organizations to conduct systematic investigations into cyber-attacks and enhances their defense capabilities through automated detection. Tenzir's approach aims to reduce complexity and costs while eliminating vendor lock-ins, ultimately providing transparency and scalability to cybersecurity operations.

1Komma5°

Series B in 2023
1KOMMA5 ° offers all owners of electric vehicles free electricity, which they refinance through trading with so-called GHG quotas. 1KOMMA5 ° encourages a self-determined and CO2-neutral lifestyle. It combines craftsmanship and high technology to always deliver the cheapest and cleanest energy whether photovoltaics, energy storage, heat pumps, or electric car charging stations.

Liefergrün

Convertible Note in 2023
Liefergrün is a technology platform striving for the most convenient and sustainable delivery experience in e-commerce.

nyris

Venture Round in 2023
nyris GmbH is a Berlin-based company that specializes in a visual product search platform, catering to various industries such as retail, e-commerce, industrial, manufacturing, media, entertainment, and financial services. Established in 2015, nyris focuses on providing a more intuitive search experience by allowing users to find products and objects in images and videos through advanced technologies like artificial intelligence and neural networks. This platform is designed to enhance efficiency by delivering search results in under one second, thereby reducing the friction often associated with traditional text-based searches. With a presence in over 50 countries, nyris serves a diverse clientele, enabling them to improve discovery and operational processes. The company is backed by notable investors, including eCapital, IKEA, and Axel Springer.

Build38

Series A in 2023
Build38 GmbH, founded in 2018 and headquartered in Munich, Germany, specializes in mobile application security and fraud protection software. The company offers innovative app-hardening technologies that safeguard applications from both known and unknown threats, enabling new digital business models across various sectors, including automotive, finance, public transport, and healthcare. Additionally, Build38 provides passwordless authentication solutions to enhance security. As a spin-out from Giesecke + Devrient, Build38 has gained recognition as one of Germany's leading IT security startups and has been featured in the GARTNER In-App Shielding Market Guide since 2019. With global offices in Barcelona and Singapore, Build38 combines in-app shielding, monitoring, and AI-based reaction capabilities to deliver comprehensive protection for mobile applications.

VMRay

Series B in 2022
VMRay GmbH specializes in developing advanced software for malware analysis and detection, utilizing innovative hardware virtualization techniques. Founded in 2013 and based in Bochum, Germany, the company offers a suite of products, including VMRay Analyzer for comprehensive malware analysis, VMRay Detector for automated threat detection, VMRay Investigator for digital forensics, and VMRay Email Threat Defender to combat phishing attacks. The VMRay Platform features an agentless, hypervisor-based sandbox that provides high evasion resistance and complete visibility into malware behavior, allowing organizations to accurately monitor and understand malicious activities without altering the analysis environment. This capability results in precise threat detection with minimal false positives, streamlining incident response and enhancing cybersecurity efficiency. VMRay's software empowers businesses to safeguard their assets and infrastructure while delivering critical intelligence for forensic analysis of intrusion attempts.

Liefergrün

Series A in 2022
Liefergrün is a technology platform striving for the most convenient and sustainable delivery experience in e-commerce.

Dryad Networks

Series A in 2022
Dryad Networks GmbH, based in Berlin and Eberswalde, Germany, specializes in innovative fire detection and forest health monitoring solutions aimed at protecting vital ecosystems. Founded in 2020, the company develops a large-scale Internet of Things (IoT) network that allows public and private forest owners to monitor and analyze their woodlands effectively. Dryad's technology integrates sensor nodes, distributed gateways, and a robust analytics platform, enabling early detection of wildfires and safeguarding against various environmental threats. By focusing on the preservation of forests, Dryad Networks contributes to the protection of essential carbon sinks and natural habitats, ensuring their longevity for future generations.

Numbat

Seed Round in 2022
Numbat specializes in high-power charging solutions combined with an integrated battery storage system designed to support electric vehicle infrastructure. Its technology aims to reduce electricity costs and alleviate pressure on power grids. The fast charging stations enable users to fully charge their electric vehicles in approximately 15 minutes, making them suitable for businesses and public facilities. By providing these charging solutions, Numbat enhances e-mobility while promoting sustainability and efficiency for both consumers and organizations.

Brighter AI

Series A in 2022
Brighter AI Technologies GmbH, founded in 2017 and based in Berlin, Germany, specializes in artificial intelligence-enabled software solutions that focus on video anonymization and identity protection. The company develops innovative software to recreate daylight images from infrared night images, enhancing capabilities for security professionals in suspect identification while ensuring compliance with privacy regulations like GDPR. Brighter AI's technology effectively anonymizes personally identifiable information, such as faces, allowing organizations to utilize publicly recorded camera data for analytics and AI applications without compromising individual privacy. Recognized as a leading player in the field, the company has garnered accolades for its contributions to privacy-preserving technologies across various sectors, moving beyond its initial focus in the automotive industry.

1Komma5°

Series A in 2022
1KOMMA5 ° offers all owners of electric vehicles free electricity, which they refinance through trading with so-called GHG quotas. 1KOMMA5 ° encourages a self-determined and CO2-neutral lifestyle. It combines craftsmanship and high technology to always deliver the cheapest and cleanest energy whether photovoltaics, energy storage, heat pumps, or electric car charging stations.

Tenzir

Seed Round in 2021
Tenzir specializes in cybersecurity solutions that focus on simplifying data management through its innovative open-core platform. This platform allows security teams to create efficient security data pipelines using easy-to-integrate components. By emphasizing open standards and interoperability, Tenzir’s solution facilitates the acquisition and processing of data from diverse sources in a streamlined manner. This enables organizations to conduct systematic investigations into cyber-attacks and enhances their defense capabilities through automated detection. Tenzir's approach aims to reduce complexity and costs while eliminating vendor lock-ins, ultimately providing transparency and scalability to cybersecurity operations.

Sweepatic

Venture Round in 2021
Sweepatic operates a cloud-based platform focused on External Attack Surface Management, aimed at enhancing cybersecurity for organizations. The platform continuously maps, monitors, and manages all internet-connected assets and associated risks, providing 24/7 observations and high-impact notifications through an intuitive dashboard. By leveraging this technology, Sweepatic helps organizations structure and reduce their external attack surface, thereby minimizing their vulnerability to cyber threats. Headquartered in Belgium, Sweepatic is committed to making its customers more cyber resilient by delivering actionable insights and easy-to-remediate findings.

Exein

Series A in 2021
Exein is a cybersecurity company that specializes in protecting devices through its innovative firmware security software and middleware. The platform is designed to be embedded directly into hardware, functioning like a vaccine to enhance security from within. By operating at a lower level within the firmware, Exein aims to address the significant security threats associated with connected smart devices and the vulnerabilities present in their firmware. This approach not only enhances device protection but also ensures that the privacy and security of the device's data are maintained.

KENDAXA

Venture Round in 2021
KENDAXA Group is a B2B IT company based in Germany and the Czech Republic that specializes in developing software solutions powered by artificial intelligence, machine learning, and data science. The company focuses on intelligent automation within the manufacturing, financial services, trade, and retail sectors, enhancing industrial engineering and production processes through integration with Product Lifecycle Management systems. KENDAXA also emphasizes intelligent data stream and document processing, which includes the analysis of images and video to facilitate automated decision-making and workflow management. The company is dedicated to continuous innovation, regularly developing new AI-based applications while refining existing offerings, all of which are designed to work together within a cohesive framework. To address evolving technological challenges, KENDAXA collaborates with universities and research institutions, ensuring its solutions remain at the forefront of industry advancements.

Build38

Series A in 2021
Build38 GmbH, founded in 2018 and headquartered in Munich, Germany, specializes in mobile application security and fraud protection software. The company offers innovative app-hardening technologies that safeguard applications from both known and unknown threats, enabling new digital business models across various sectors, including automotive, finance, public transport, and healthcare. Additionally, Build38 provides passwordless authentication solutions to enhance security. As a spin-out from Giesecke + Devrient, Build38 has gained recognition as one of Germany's leading IT security startups and has been featured in the GARTNER In-App Shielding Market Guide since 2019. With global offices in Barcelona and Singapore, Build38 combines in-app shielding, monitoring, and AI-based reaction capabilities to deliver comprehensive protection for mobile applications.

Jedox

Venture Round in 2021
Jedox is a developer of an enterprise performance management platform that enhances planning, analysis, and reporting through a unified, cloud-based software suite. The company's platform aims to simplify these processes by automating repetitive tasks and fostering collaboration among departments. By leveraging artificial intelligence, Jedox transforms business operations, empowering decision-makers with the tools they need to make informed choices confidently. This focus on digitalization enables organizations to work more efficiently and collaboratively, ultimately enhancing their overall performance.

Papershift

Series A in 2021
Papershift is a cloud-based SaaS solution based in Karlsruhe, Germany, specializing in the planning, tracking, and reporting of working time for companies. Founded in 2015, the company employs around 50 people and serves several thousand customers across more than ten European countries. Papershift's platform allows organizations to create duty and vacation schedules, manage employee shifts, track time and attendance, and handle leaves and absences. Users can access the system through mobile apps, web browsers, terminals, or an API, facilitating a flexible approach to workforce management. The platform is further enhanced by integrations with third-party systems and a dedicated app store that offers various add-ons, ultimately aiming to simplify time management for businesses.

VMRay

Series B in 2020
VMRay GmbH specializes in developing advanced software for malware analysis and detection, utilizing innovative hardware virtualization techniques. Founded in 2013 and based in Bochum, Germany, the company offers a suite of products, including VMRay Analyzer for comprehensive malware analysis, VMRay Detector for automated threat detection, VMRay Investigator for digital forensics, and VMRay Email Threat Defender to combat phishing attacks. The VMRay Platform features an agentless, hypervisor-based sandbox that provides high evasion resistance and complete visibility into malware behavior, allowing organizations to accurately monitor and understand malicious activities without altering the analysis environment. This capability results in precise threat detection with minimal false positives, streamlining incident response and enhancing cybersecurity efficiency. VMRay's software empowers businesses to safeguard their assets and infrastructure while delivering critical intelligence for forensic analysis of intrusion attempts.

The Ferroelectric Memory Company

Series B in 2020
Ferroelectric Memory Company (FMC) specializes in the development of advanced memory solutions utilizing ferroelectric field effect transistors (FeFET), which are characterized by their ultra-low power consumption, high performance, and exceptional temperature stability. The company focuses on non-volatile storage technologies based on ferroelectric hafnium oxide (FE-HfO2), which allows for significant scaling of transistors from 65nm to 28nm and smaller. FMC’s innovations enable substantial reductions in system costs and energy consumption, achieving approximately 80% cost savings, a factor of 1000 reduction in per-bit write energy, and a 70% increase in overall system performance. Its technology is particularly well-suited for integration into artificial intelligence applications and is compatible with cutting-edge processes like 22nm FDSOI and 1X nm FinFET, facilitating its adoption in the latest chip designs. Based in Dresden, Germany, FMC has received support from the EXIST Forschungstransfer program of the Federal Ministry for Economic Affairs and Energy, which underscores its commitment to advancing memory technology.

Troy

Series A in 2020
Troy is a FinTech company specializing in Friendly Debt Collection as a Service, emphasizing a data-driven and customer-centric approach. Recognizing that over half of customers may overlook payments due to short-term issues, Troy aims to maintain positive creditor-customer relationships, which is crucial given the high costs associated with acquiring new customers. Leveraging advanced technology alongside decades of experience in debt collection, Troy has established itself as a leader in customer experience within the industry. The company's platform integrates marketing, customer relationship management, and AI-driven targeting to enhance debt recovery rates, achieving improvements of 25% to 80% compared to traditional agencies. Client satisfaction is further evidenced by a strong customer survey rating of 4.1 out of 5. While primarily focused on corporate clients for debt collection, Troy also offers tools to enhance digitization and customer experience in internal processes.

CounterCraft

Seed Round in 2020
CounterCraft is a leading provider of cyber deception and counterintelligence solutions aimed at detecting and responding to targeted cyber attacks. Established in 2015, the company operates globally, serving Fortune 500 clients, including major financial institutions, critical infrastructures, governments, and law enforcement agencies. CounterCraft's Threat Deception platform utilizes advanced campaign automation and synthetic environments to mislead attackers, allowing them to engage with fake digital assets instead of actual operational systems. This innovative approach generates relevant threat intelligence from interactions with threat actors, giving organizations critical insights to enhance their security posture. By integrating seamlessly with incident response workflows, CounterCraft enables defenders to proactively adjust their defenses in real time, ultimately reducing the risks posed by evolving threats. With offices in London, Madrid, and Washington DC, and research and development based in San Sebastian, CounterCraft continuously addresses the challenges of modern cybersecurity.

Prolupin

Venture Round in 2020
Prolupin GmbH, founded in 2010 and based in Grimmen, Germany, specializes in the development and production of vegetable-based food ingredients derived from lupine seeds. As a spin-off from the Fraunhofer Institute for Process Engineering and Packaging, Prolupin leverages advanced expertise in lupine fractionation and food technology to create a range of products, including lupine protein isolate, ice cream, and various herbal food ingredients. These offerings cater to diverse sectors within the food industry, such as bakery, meat, pasta, and health foods, providing consumers with cholesterol-free, lactose-free, vegan, and gluten-free options. Prolupin's innovative approach is supported by multiple patents from the Fraunhofer Institute, solidifying its competitive position in the vegetable protein market.

envelio

Series A in 2019
envelio GmbH, founded in 2017 and based in Cologne, Germany, specializes in developing software and algorithms aimed at enhancing the planning and operation of energy networks. Its primary offering, the Intelligent Grid Platform (IGP), serves as a modular software solution that assists distribution grid operators in digitizing and automating their processes. The IGP includes applications for data quality, grid planning, and grid operation, which help identify and rectify data inconsistencies and optimize congestion management. By leveraging artificial intelligence and mathematical optimization, envelio’s platform supports the integration of numerous distributed energy resources and smart meter data, enabling grid operators to manage the complexities of modern power grids while facilitating a smoother energy transition.

Troy

Series A in 2019
Troy is a FinTech company specializing in Friendly Debt Collection as a Service, emphasizing a data-driven and customer-centric approach. Recognizing that over half of customers may overlook payments due to short-term issues, Troy aims to maintain positive creditor-customer relationships, which is crucial given the high costs associated with acquiring new customers. Leveraging advanced technology alongside decades of experience in debt collection, Troy has established itself as a leader in customer experience within the industry. The company's platform integrates marketing, customer relationship management, and AI-driven targeting to enhance debt recovery rates, achieving improvements of 25% to 80% compared to traditional agencies. Client satisfaction is further evidenced by a strong customer survey rating of 4.1 out of 5. While primarily focused on corporate clients for debt collection, Troy also offers tools to enhance digitization and customer experience in internal processes.

BlueID GmbH

Series A in 2019
BlueID GmbH, founded in 2006 and based in Munich, Germany, specializes in a mobile access control platform that allows users to utilize their smartphones for identification, access control, and authentication. The company's innovative solutions enable smartphones to interact with various objects globally, facilitating secure command execution and the sharing of commonly used items. Originally focused on developing security technology for the automotive sector, BlueID has since diversified its product offerings to encompass applications in facility management and IT. Its platform integrates seamlessly with mobile applications, backend systems, and existing hardware, emphasizing simplicity, intelligence, and security in its designs.

VMRay

Series B in 2019
VMRay GmbH specializes in developing advanced software for malware analysis and detection, utilizing innovative hardware virtualization techniques. Founded in 2013 and based in Bochum, Germany, the company offers a suite of products, including VMRay Analyzer for comprehensive malware analysis, VMRay Detector for automated threat detection, VMRay Investigator for digital forensics, and VMRay Email Threat Defender to combat phishing attacks. The VMRay Platform features an agentless, hypervisor-based sandbox that provides high evasion resistance and complete visibility into malware behavior, allowing organizations to accurately monitor and understand malicious activities without altering the analysis environment. This capability results in precise threat detection with minimal false positives, streamlining incident response and enhancing cybersecurity efficiency. VMRay's software empowers businesses to safeguard their assets and infrastructure while delivering critical intelligence for forensic analysis of intrusion attempts.

Brighter AI

Venture Round in 2019
Brighter AI Technologies GmbH, founded in 2017 and based in Berlin, Germany, specializes in artificial intelligence-enabled software solutions that focus on video anonymization and identity protection. The company develops innovative software to recreate daylight images from infrared night images, enhancing capabilities for security professionals in suspect identification while ensuring compliance with privacy regulations like GDPR. Brighter AI's technology effectively anonymizes personally identifiable information, such as faces, allowing organizations to utilize publicly recorded camera data for analytics and AI applications without compromising individual privacy. Recognized as a leading player in the field, the company has garnered accolades for its contributions to privacy-preserving technologies across various sectors, moving beyond its initial focus in the automotive industry.

Sweepatic

Venture Round in 2019
Sweepatic operates a cloud-based platform focused on External Attack Surface Management, aimed at enhancing cybersecurity for organizations. The platform continuously maps, monitors, and manages all internet-connected assets and associated risks, providing 24/7 observations and high-impact notifications through an intuitive dashboard. By leveraging this technology, Sweepatic helps organizations structure and reduce their external attack surface, thereby minimizing their vulnerability to cyber threats. Headquartered in Belgium, Sweepatic is committed to making its customers more cyber resilient by delivering actionable insights and easy-to-remediate findings.

UltraSoC

Series E in 2019
UltraSoC Technologies is an independent provider of system-on-chip (SoC) infrastructure, facilitating the rapid development of embedded systems utilizing advanced SoC devices. Headquartered in Cambridge, with research and development labs in Colchester, the company specializes in on-chip analytics that enhance debugging and optimization processes. Its innovative infrastructure integrates built-in intelligence to continuously monitor and respond to real-world behavior, allowing designers to efficiently create and refine SoCs while reducing costs. By focusing on these capabilities, UltraSoC supports the evolving needs of embedded system developers.

IPlytics

Series A in 2019
IPlytics GmbH, founded in 2012 and based in Berlin, operates an online patent analytics platform that assists organizations in analyzing market developments, technology trends, and competitive positions related to patenting and standardization. The platform offers integrated tools for patent analysis, valuations, mapping, and landscaping, including the identification of standard essential patents and patent licensing terms. It enables users to make informed decisions regarding patent positioning, licensing costs, investments, and emerging technologies. Developed by a team of economists, data scientists, and AI engineers, IPlytics combines extensive global patent data with advanced analytical capabilities, allowing users to strategically align their patent portfolios and understand competitive landscapes. The platform is particularly beneficial for technology and IP management teams facing resource constraints, as it streamlines access to critical data for actionable insights and strategic decision-making.

RIPS Technologies

Series A in 2018
RIPS Technologies GmbH, founded in 2010 and based in Bochum, Germany, specializes in automated security analysis software for web applications. The company focuses on identifying threats, scanning code, and providing real-time analysis to track security scores. Known for its advanced PHP code analyzer, RIPS Technologies has developed innovative security testing technologies that can automatically detect complex vulnerabilities, including those in deeply nested code. Recently, the company has expanded its capabilities to include analysis in other programming languages such as Java and JavaScript. As of April 30, 2020, RIPS Technologies operates as a subsidiary of SonarSource SA.

Uptempo

Series C in 2018
Uptempo is the software provider for effective Marketing Resource Management (MRM). The company gives enterprise marketers the visibility and control to optimize their marketing operations. The enterprise-level MRM solution turns marketing into a business-building powerhouse by letting marketing leaders get on top of their budgets, people workflows, campaigns, and marketplace performance. The company's all-in-one modular marketing suite covers the entire marketing process, including planning, budgeting, creation, development, and asset management, by analyzing content and providing performance reviews in a closed loop, allowing medium and large organizations to keep team members, suppliers, and partners aligned and marketing productivity to increase.

The Ferroelectric Memory Company

Series A in 2018
Ferroelectric Memory Company (FMC) specializes in the development of advanced memory solutions utilizing ferroelectric field effect transistors (FeFET), which are characterized by their ultra-low power consumption, high performance, and exceptional temperature stability. The company focuses on non-volatile storage technologies based on ferroelectric hafnium oxide (FE-HfO2), which allows for significant scaling of transistors from 65nm to 28nm and smaller. FMC’s innovations enable substantial reductions in system costs and energy consumption, achieving approximately 80% cost savings, a factor of 1000 reduction in per-bit write energy, and a 70% increase in overall system performance. Its technology is particularly well-suited for integration into artificial intelligence applications and is compatible with cutting-edge processes like 22nm FDSOI and 1X nm FinFET, facilitating its adoption in the latest chip designs. Based in Dresden, Germany, FMC has received support from the EXIST Forschungstransfer program of the Federal Ministry for Economic Affairs and Energy, which underscores its commitment to advancing memory technology.

Theva

Series D in 2018
Theva is a leading developer and manufacturer of high-temperature superconductor (HTS) coatings, specializing in flexible coated conductors for electrical power engineering. With over a decade of experience, the company leverages proprietary technology and a comprehensive patent portfolio to advance coated conductor technology. Theva's coatings are designed for various applications, including electronics, sensors, and medical technology, providing reliable materials that can easily replace traditional copper conductors. This innovation enables the delivery of higher currents through the same cross-section as copper, significantly reducing power loss. Additionally, Theva's equipment manufacturing unit, staffed by highly experienced professionals, focuses on designing specialized equipment and components for physical coating processes, ensuring high standards in quality control and setting benchmarks for HTS quality assurance globally.

Sonnen

Series E in 2018
Sonnen is a developer of solar-based energy storage systems that provide clean and affordable energy solutions for residential homes, agricultural farms, and commercial enterprises. Since the introduction of the Sonnenbatterie in Germany and Austria in 2011, the company has focused on integrating energy storage with home automation platforms. This integration allows users to actively manage their energy consumption, optimizing the use of energy harvested from solar photovoltaic systems or the grid. Sonnen's offerings extend beyond simple storage, incorporating features such as smart metering and virtual power plant integration, designed to enhance energy management and provide tailored solutions for various energy needs.

Jedox

Venture Round in 2018
Jedox is a developer of an enterprise performance management platform that enhances planning, analysis, and reporting through a unified, cloud-based software suite. The company's platform aims to simplify these processes by automating repetitive tasks and fostering collaboration among departments. By leveraging artificial intelligence, Jedox transforms business operations, empowering decision-makers with the tools they need to make informed choices confidently. This focus on digitalization enables organizations to work more efficiently and collaboratively, ultimately enhancing their overall performance.

Rhebo

Series B in 2018
Rhebo GmbH, founded in 2014 and based in Leipzig, Germany, specializes in developing industrial control systems that monitor, analyze, and visualize data traffic within industrial control networks. The company's flagship product, Rhebo Industrial Protector, is designed to ensure the continuous and secure operation of these systems by automatically detecting anomalies that could indicate potential outages or cyberattacks. By providing real-time threat detection and network monitoring, Rhebo's solutions help operators of automated production and critical infrastructures enhance operational security while significantly reducing costs associated with system downtimes.

Creapaper

Series A in 2017
Creapaper GmbH, founded in 2012 and based in Hennef, Germany, specializes in producing an innovative raw material for the paper industry, primarily using grass fibers. The company offers processed paper products that integrate germinable seeds, including flower and herb boxes. By utilizing dried hay through a patented process tailored to specific paper mill requirements, Creapaper provides an alternative to traditional raw materials like wood and recycled paper. This substitution not only reduces the reliance on virgin fibers but also significantly lowers CO2 emissions during production by up to 75%. Creapaper's approach emphasizes sustainability and aims to mitigate plastic pollution while promoting eco-friendly practices within the paper and packaging sectors.

Heliatek

Series D in 2017
Heliatek GmbH, based in Dresden, Germany, specializes in the development and production of organic solar films and photovoltaic cells. Its flagship product, HeliaSol, is an organic photovoltaics (OPV) solution that can be applied to various surfaces, making it suitable for building retrofitting, automotive applications, and other innovative projects. Heliatek caters to the building and construction material sector, as well as automotive manufacturers, offering tailored products like HeliaFilm for integration into façade and roofing systems. The company is recognized as a leader in organic photovoltaics, leveraging its ultra-light and flexible technology to provide sustainable energy solutions. Established in 2006, Heliatek has formed strategic partnerships with companies such as AGC Glass Europe and Reckli China, and it employs around 160 people across its facilities in Germany. The research and development of its technologies have received support from the Free State of Saxony, the Federal Republic of Germany, and the European Union.

Open-Xchange

Series D in 2017
Open-Xchange, founded in 2005, specializes in developing open-source software and services aimed at fostering an open, secure, and transparent digital environment. The company provides an integrated messaging, collaboration, and productivity platform tailored for telecommunications, hosting, and service providers. Its solutions enable secure storage, file management, and effective document collaboration, allowing businesses to connect and engage with their users effectively. Open-Xchange emphasizes flexibility and user satisfaction, positioning itself as a sustainable option in competitive markets. With a proven track record in agile software development, the company continues to innovate and adapt its offerings to meet the evolving needs of its clients.

Uptempo

Series B in 2017
Uptempo is the software provider for effective Marketing Resource Management (MRM). The company gives enterprise marketers the visibility and control to optimize their marketing operations. The enterprise-level MRM solution turns marketing into a business-building powerhouse by letting marketing leaders get on top of their budgets, people workflows, campaigns, and marketplace performance. The company's all-in-one modular marketing suite covers the entire marketing process, including planning, budgeting, creation, development, and asset management, by analyzing content and providing performance reviews in a closed loop, allowing medium and large organizations to keep team members, suppliers, and partners aligned and marketing productivity to increase.

Videantis

Series A in 2017
Videantis is a provider of computer vision and video processing intellectual property, focusing on flexible imaging and multi-standard video coding solutions for various markets, including automotive, mobile, consumer, and embedded sectors. The company utilizes a unified processor platform approach, which it licenses to chip manufacturers, allowing for tailored solutions that address the specific requirements of its clients. With expertise in deep camera and video applications, as well as system-on-chip design and architecture, Videantis supports a diverse range of applications, such as advanced driver assistance systems, autonomous driving, mobile devices, augmented and virtual reality, Internet of Things, gesture interfacing, computational photography, in-car infotainment, and over-the-top television. Videantis has received recognition for its rapid growth, including awards from Red Herring and Deloitte Technology Fast 50.

Prolupin

Series D in 2017
Prolupin GmbH, founded in 2010 and based in Grimmen, Germany, specializes in the development and production of vegetable-based food ingredients derived from lupine seeds. As a spin-off from the Fraunhofer Institute for Process Engineering and Packaging, Prolupin leverages advanced expertise in lupine fractionation and food technology to create a range of products, including lupine protein isolate, ice cream, and various herbal food ingredients. These offerings cater to diverse sectors within the food industry, such as bakery, meat, pasta, and health foods, providing consumers with cholesterol-free, lactose-free, vegan, and gluten-free options. Prolupin's innovative approach is supported by multiple patents from the Fraunhofer Institute, solidifying its competitive position in the vegetable protein market.

RIPS Technologies

Seed Round in 2017
RIPS Technologies GmbH, founded in 2010 and based in Bochum, Germany, specializes in automated security analysis software for web applications. The company focuses on identifying threats, scanning code, and providing real-time analysis to track security scores. Known for its advanced PHP code analyzer, RIPS Technologies has developed innovative security testing technologies that can automatically detect complex vulnerabilities, including those in deeply nested code. Recently, the company has expanded its capabilities to include analysis in other programming languages such as Java and JavaScript. As of April 30, 2020, RIPS Technologies operates as a subsidiary of SonarSource SA.

Theva

Series C in 2017
Theva is a leading developer and manufacturer of high-temperature superconductor (HTS) coatings, specializing in flexible coated conductors for electrical power engineering. With over a decade of experience, the company leverages proprietary technology and a comprehensive patent portfolio to advance coated conductor technology. Theva's coatings are designed for various applications, including electronics, sensors, and medical technology, providing reliable materials that can easily replace traditional copper conductors. This innovation enables the delivery of higher currents through the same cross-section as copper, significantly reducing power loss. Additionally, Theva's equipment manufacturing unit, staffed by highly experienced professionals, focuses on designing specialized equipment and components for physical coating processes, ensuring high standards in quality control and setting benchmarks for HTS quality assurance globally.

Cysal

Series A in 2017
Cysal GmbH is a biotechnology company based in Münster, Germany, established in 2012. The company specializes in developing, optimizing, and licensing fermentation technology solutions for biopolymers and low-molecular weight compounds, including dipeptides. Cysal provides a variety of services, including fermentation technology development and the selection of microbial strains, aimed at enhancing the production processes for its clients. By focusing on microbial metabolic diversity and fermentation processes, Cysal enables researchers to adopt more sustainable methods for producing specialty and base commodities, replacing traditional chemical approaches. The company collaborates with a network of partners and distributors both in Germany and internationally to deliver its innovative solutions.

PERORA

Series B in 2017
PERORA GmbH is a biotechnology company based in Heidelberg, Germany, established in 2013. The company develops innovative solutions for weight management and obesity treatment, notably through a polymer-based fat-binding medical device. Additionally, PERORA produces and markets REDIA, a nutritional supplement recognized for its health benefits, specifically in lowering postprandial blood sugar levels. This product has received patents in the European Union, the United States, and other countries, and has been clinically validated for use in patients with type 2 diabetes. REDIA is available for purchase in Germany through its website and various online pharmacies. PERORA aims to expand its offerings by establishing a subscription model for the self-management of chronic, age-related metabolic health in Europe and seeks to license its products for international markets.

temicon

Series C in 2017
temicon GmbH is a technology company based in Dortmund, Germany, specializing in the development and manufacturing of micro and nanostructured products for various applications, including lighting technology, display technology, life sciences, solar technology, and environmental engineering. Founded in 2005, temicon produces a range of micro tools such as nickel shims, nanoimprint tools, and micro fluidic structures, as well as holotools like antireflective moth-eye structures and micro lens arrays. The company also offers various micro parts, including precision components and nebulizer nozzles. Utilizing advanced techniques like photolithography, electroforming, injection molding, and roll nanoimprint, temicon focuses on providing tailored solutions for both small and large-scale production of micro- and nanostructured components. Its services cater to a global clientele, ensuring high-quality, innovative solutions for diverse industries.

amynova polymers

Venture Round in 2017
Amynova Polymers GmbH is a developer and manufacturer of starch-based biopolymers, founded in 2006 and located in Wolfen, Germany. The company focuses on creating bio-based alternatives for various applications, utilizing renewable raw materials sourced from local cultivation. Amynova's polymers are designed to enhance the efficiency of active ingredients in agricultural products such as fertilizers and pesticides. Additionally, they serve multiple industries, including paper, cosmetics, and pharmaceuticals, where they replace traditional chemical materials. The company's offerings are particularly beneficial in creating functional layers for barrier formation in paper and cardboard products, as well as serving as adhesives. Amynova Polymers has successfully expanded its product applications and continues to explore new opportunities across various sectors while promoting sustainability and reducing carbon footprints.

Open-Xchange

Series C in 2016
Open-Xchange, founded in 2005, specializes in developing open-source software and services aimed at fostering an open, secure, and transparent digital environment. The company provides an integrated messaging, collaboration, and productivity platform tailored for telecommunications, hosting, and service providers. Its solutions enable secure storage, file management, and effective document collaboration, allowing businesses to connect and engage with their users effectively. Open-Xchange emphasizes flexibility and user satisfaction, positioning itself as a sustainable option in competitive markets. With a proven track record in agile software development, the company continues to innovate and adapt its offerings to meet the evolving needs of its clients.

Uptempo

Series A in 2016
Uptempo is the software provider for effective Marketing Resource Management (MRM). The company gives enterprise marketers the visibility and control to optimize their marketing operations. The enterprise-level MRM solution turns marketing into a business-building powerhouse by letting marketing leaders get on top of their budgets, people workflows, campaigns, and marketplace performance. The company's all-in-one modular marketing suite covers the entire marketing process, including planning, budgeting, creation, development, and asset management, by analyzing content and providing performance reviews in a closed loop, allowing medium and large organizations to keep team members, suppliers, and partners aligned and marketing productivity to increase.

Sonnen

Series D in 2016
Sonnen is a developer of solar-based energy storage systems that provide clean and affordable energy solutions for residential homes, agricultural farms, and commercial enterprises. Since the introduction of the Sonnenbatterie in Germany and Austria in 2011, the company has focused on integrating energy storage with home automation platforms. This integration allows users to actively manage their energy consumption, optimizing the use of energy harvested from solar photovoltaic systems or the grid. Sonnen's offerings extend beyond simple storage, incorporating features such as smart metering and virtual power plant integration, designed to enhance energy management and provide tailored solutions for various energy needs.

VMRay

Series A in 2016
VMRay GmbH specializes in developing advanced software for malware analysis and detection, utilizing innovative hardware virtualization techniques. Founded in 2013 and based in Bochum, Germany, the company offers a suite of products, including VMRay Analyzer for comprehensive malware analysis, VMRay Detector for automated threat detection, VMRay Investigator for digital forensics, and VMRay Email Threat Defender to combat phishing attacks. The VMRay Platform features an agentless, hypervisor-based sandbox that provides high evasion resistance and complete visibility into malware behavior, allowing organizations to accurately monitor and understand malicious activities without altering the analysis environment. This capability results in precise threat detection with minimal false positives, streamlining incident response and enhancing cybersecurity efficiency. VMRay's software empowers businesses to safeguard their assets and infrastructure while delivering critical intelligence for forensic analysis of intrusion attempts.

Heliatek

Series D in 2016
Heliatek GmbH, based in Dresden, Germany, specializes in the development and production of organic solar films and photovoltaic cells. Its flagship product, HeliaSol, is an organic photovoltaics (OPV) solution that can be applied to various surfaces, making it suitable for building retrofitting, automotive applications, and other innovative projects. Heliatek caters to the building and construction material sector, as well as automotive manufacturers, offering tailored products like HeliaFilm for integration into façade and roofing systems. The company is recognized as a leader in organic photovoltaics, leveraging its ultra-light and flexible technology to provide sustainable energy solutions. Established in 2006, Heliatek has formed strategic partnerships with companies such as AGC Glass Europe and Reckli China, and it employs around 160 people across its facilities in Germany. The research and development of its technologies have received support from the Free State of Saxony, the Federal Republic of Germany, and the European Union.

CNM Technologies

Series B in 2016
CNM Technologies GmbH is a German company based in Bielefeld that specializes in the development and production of functionalized carbon nanomembranes. These ultra-thin membranes, produced from a single layer of molecules, are designed for diverse applications in industries such as biotechnology, medical sciences, energy, and nanotechnology. The company offers a range of products, including support membranes for transmission electron microscopy, sample supports with various surface terminations, and customized nanomembranes tailored for specific research needs. With a strong patent portfolio, CNM Technologies protects its innovations in materials and manufacturing processes. The company actively collaborates with prestigious research institutes and industrial partners across Europe, and it markets its products online to clients worldwide, including research groups and commercial enterprises.

Rhebo

Series A in 2016
Rhebo GmbH, founded in 2014 and based in Leipzig, Germany, specializes in developing industrial control systems that monitor, analyze, and visualize data traffic within industrial control networks. The company's flagship product, Rhebo Industrial Protector, is designed to ensure the continuous and secure operation of these systems by automatically detecting anomalies that could indicate potential outages or cyberattacks. By providing real-time threat detection and network monitoring, Rhebo's solutions help operators of automated production and critical infrastructures enhance operational security while significantly reducing costs associated with system downtimes.

Greenergetic

Venture Round in 2016
Greenergetic GmbH, founded in 2013 and based in Bielefeld, Germany, specializes in the sale of photovoltaic cells and systems to consumers through an online platform. As a subsidiary of innogy SE, the company provides comprehensive online tools that facilitate the configuration of photovoltaic systems for residential use. Greenergetic offers a white-label online portal, enabling energy providers to present energy-efficient products, including photovoltaic systems, energy storage solutions, heating options, and smart home technologies, to their customers. The company aims to simplify and enhance access to the renewable energy market for individuals and businesses alike.

Theva

Series B in 2016
Theva is a leading developer and manufacturer of high-temperature superconductor (HTS) coatings, specializing in flexible coated conductors for electrical power engineering. With over a decade of experience, the company leverages proprietary technology and a comprehensive patent portfolio to advance coated conductor technology. Theva's coatings are designed for various applications, including electronics, sensors, and medical technology, providing reliable materials that can easily replace traditional copper conductors. This innovation enables the delivery of higher currents through the same cross-section as copper, significantly reducing power loss. Additionally, Theva's equipment manufacturing unit, staffed by highly experienced professionals, focuses on designing specialized equipment and components for physical coating processes, ensuring high standards in quality control and setting benchmarks for HTS quality assurance globally.

Jedox

Venture Round in 2016
Jedox is a developer of an enterprise performance management platform that enhances planning, analysis, and reporting through a unified, cloud-based software suite. The company's platform aims to simplify these processes by automating repetitive tasks and fostering collaboration among departments. By leveraging artificial intelligence, Jedox transforms business operations, empowering decision-makers with the tools they need to make informed choices confidently. This focus on digitalization enables organizations to work more efficiently and collaboratively, ultimately enhancing their overall performance.

CoAdvertise

Venture Round in 2016
CoAdvertise is a provider of a digital advertising platform that assists businesses in managing their advertising campaigns and selling inventory across various channels. The platform features bidding and yield optimization technology, which enables agencies, managed advertisers, self-service advertisers, self-service publishers, and managed publishers to effectively achieve their objectives in the digital advertising landscape. Through its innovative solutions, CoAdvertise facilitates a streamlined approach to digital marketing, enhancing the efficiency and effectiveness of advertising efforts for its clients.

PERORA

Series A in 2016
PERORA GmbH is a biotechnology company based in Heidelberg, Germany, established in 2013. The company develops innovative solutions for weight management and obesity treatment, notably through a polymer-based fat-binding medical device. Additionally, PERORA produces and markets REDIA, a nutritional supplement recognized for its health benefits, specifically in lowering postprandial blood sugar levels. This product has received patents in the European Union, the United States, and other countries, and has been clinically validated for use in patients with type 2 diabetes. REDIA is available for purchase in Germany through its website and various online pharmacies. PERORA aims to expand its offerings by establishing a subscription model for the self-management of chronic, age-related metabolic health in Europe and seeks to license its products for international markets.

Prolupin

Series C in 2016
Prolupin GmbH, founded in 2010 and based in Grimmen, Germany, specializes in the development and production of vegetable-based food ingredients derived from lupine seeds. As a spin-off from the Fraunhofer Institute for Process Engineering and Packaging, Prolupin leverages advanced expertise in lupine fractionation and food technology to create a range of products, including lupine protein isolate, ice cream, and various herbal food ingredients. These offerings cater to diverse sectors within the food industry, such as bakery, meat, pasta, and health foods, providing consumers with cholesterol-free, lactose-free, vegan, and gluten-free options. Prolupin's innovative approach is supported by multiple patents from the Fraunhofer Institute, solidifying its competitive position in the vegetable protein market.

Sonnen

Series C in 2015
Sonnen is a developer of solar-based energy storage systems that provide clean and affordable energy solutions for residential homes, agricultural farms, and commercial enterprises. Since the introduction of the Sonnenbatterie in Germany and Austria in 2011, the company has focused on integrating energy storage with home automation platforms. This integration allows users to actively manage their energy consumption, optimizing the use of energy harvested from solar photovoltaic systems or the grid. Sonnen's offerings extend beyond simple storage, incorporating features such as smart metering and virtual power plant integration, designed to enhance energy management and provide tailored solutions for various energy needs.

Saperatec

Series C in 2015
Saperatec, founded in December 2010, is based in Bielefeld, where it operates comprehensive production facilities focused on the separation of bonded and coated materials. The company specializes in recycling technology that enables the processing of multi-layer materials into secondary raw materials. Utilizing both physical and chemical principles, Saperatec's innovative technology enhances the conversion of waste into recyclable materials, providing valuable recycling alternatives for various products. Additionally, the facility includes a laboratory dedicated to exploring and developing new technologies, further advancing the company's capabilities in the recycling sector.

Prolupin

Series C in 2015
Prolupin GmbH, founded in 2010 and based in Grimmen, Germany, specializes in the development and production of vegetable-based food ingredients derived from lupine seeds. As a spin-off from the Fraunhofer Institute for Process Engineering and Packaging, Prolupin leverages advanced expertise in lupine fractionation and food technology to create a range of products, including lupine protein isolate, ice cream, and various herbal food ingredients. These offerings cater to diverse sectors within the food industry, such as bakery, meat, pasta, and health foods, providing consumers with cholesterol-free, lactose-free, vegan, and gluten-free options. Prolupin's innovative approach is supported by multiple patents from the Fraunhofer Institute, solidifying its competitive position in the vegetable protein market.

Sonnen

Series B in 2014
Sonnen is a developer of solar-based energy storage systems that provide clean and affordable energy solutions for residential homes, agricultural farms, and commercial enterprises. Since the introduction of the Sonnenbatterie in Germany and Austria in 2011, the company has focused on integrating energy storage with home automation platforms. This integration allows users to actively manage their energy consumption, optimizing the use of energy harvested from solar photovoltaic systems or the grid. Sonnen's offerings extend beyond simple storage, incorporating features such as smart metering and virtual power plant integration, designed to enhance energy management and provide tailored solutions for various energy needs.

temicon

Series A in 2014
temicon GmbH is a technology company based in Dortmund, Germany, specializing in the development and manufacturing of micro and nanostructured products for various applications, including lighting technology, display technology, life sciences, solar technology, and environmental engineering. Founded in 2005, temicon produces a range of micro tools such as nickel shims, nanoimprint tools, and micro fluidic structures, as well as holotools like antireflective moth-eye structures and micro lens arrays. The company also offers various micro parts, including precision components and nebulizer nozzles. Utilizing advanced techniques like photolithography, electroforming, injection molding, and roll nanoimprint, temicon focuses on providing tailored solutions for both small and large-scale production of micro- and nanostructured components. Its services cater to a global clientele, ensuring high-quality, innovative solutions for diverse industries.

Heliatek

Series C in 2014
Heliatek GmbH, based in Dresden, Germany, specializes in the development and production of organic solar films and photovoltaic cells. Its flagship product, HeliaSol, is an organic photovoltaics (OPV) solution that can be applied to various surfaces, making it suitable for building retrofitting, automotive applications, and other innovative projects. Heliatek caters to the building and construction material sector, as well as automotive manufacturers, offering tailored products like HeliaFilm for integration into façade and roofing systems. The company is recognized as a leader in organic photovoltaics, leveraging its ultra-light and flexible technology to provide sustainable energy solutions. Established in 2006, Heliatek has formed strategic partnerships with companies such as AGC Glass Europe and Reckli China, and it employs around 160 people across its facilities in Germany. The research and development of its technologies have received support from the Free State of Saxony, the Federal Republic of Germany, and the European Union.

Prolupin

Series B in 2014
Prolupin GmbH, founded in 2010 and based in Grimmen, Germany, specializes in the development and production of vegetable-based food ingredients derived from lupine seeds. As a spin-off from the Fraunhofer Institute for Process Engineering and Packaging, Prolupin leverages advanced expertise in lupine fractionation and food technology to create a range of products, including lupine protein isolate, ice cream, and various herbal food ingredients. These offerings cater to diverse sectors within the food industry, such as bakery, meat, pasta, and health foods, providing consumers with cholesterol-free, lactose-free, vegan, and gluten-free options. Prolupin's innovative approach is supported by multiple patents from the Fraunhofer Institute, solidifying its competitive position in the vegetable protein market.

Geo-En

Venture Round in 2014
Geo-En plans and builds integral energy supply systems for heating, cooling and electricity. Geo-En systems increase the property value by using renewable heat and cold energies. The hybrid systems of Geo-Encombine heat pumps with cogeneration or solar technology and thus, achieve efficiency targets as well as cost targets. As a powerful source for shallow geothermal energy, Geo-Enhas developed the groundwater circulation well technology. It provides energy ten times that of a conventional probe through the circulation of groundwater and is already known as a patent. For optimal management of geothermal energy systems and hybrid systems, Geo-Enoffers comfortable management and monitoring systems. Since its establishment in 2007, Geo-En has implemented over 20 large systems, from 50 kW up to 1 MW of heating. The energy systems supply power to office buildings, residential buildings and complete districts. Geo-En follows and manages the systems through a centralised control station.

CNM Technologies

Series A in 2014
CNM Technologies GmbH is a German company based in Bielefeld that specializes in the development and production of functionalized carbon nanomembranes. These ultra-thin membranes, produced from a single layer of molecules, are designed for diverse applications in industries such as biotechnology, medical sciences, energy, and nanotechnology. The company offers a range of products, including support membranes for transmission electron microscopy, sample supports with various surface terminations, and customized nanomembranes tailored for specific research needs. With a strong patent portfolio, CNM Technologies protects its innovations in materials and manufacturing processes. The company actively collaborates with prestigious research institutes and industrial partners across Europe, and it markets its products online to clients worldwide, including research groups and commercial enterprises.

Turbina Energy

Venture Round in 2014
Turbina Energy, founded in 2006 and headquartered in Unterhaching, Bayern, Germany, specializes in the development, manufacturing, marketing, and installation of innovative small wind turbines and hybrid power systems. The company focuses on creating sustainable and economically viable energy solutions, with products ranging from 1kW to 4kW. Through extensive research and development, Turbina Energy aims to contribute to cleaner environmental practices while offering tailored energy solutions that cater to diverse needs. Their commitment to smart design and functionality positions them as a key player in the renewable energy sector.

Open-Xchange

Series C in 2013
Open-Xchange, founded in 2005, specializes in developing open-source software and services aimed at fostering an open, secure, and transparent digital environment. The company provides an integrated messaging, collaboration, and productivity platform tailored for telecommunications, hosting, and service providers. Its solutions enable secure storage, file management, and effective document collaboration, allowing businesses to connect and engage with their users effectively. Open-Xchange emphasizes flexibility and user satisfaction, positioning itself as a sustainable option in competitive markets. With a proven track record in agile software development, the company continues to innovate and adapt its offerings to meet the evolving needs of its clients.

Saperatec

Seed Round in 2013
Saperatec, founded in December 2010, is based in Bielefeld, where it operates comprehensive production facilities focused on the separation of bonded and coated materials. The company specializes in recycling technology that enables the processing of multi-layer materials into secondary raw materials. Utilizing both physical and chemical principles, Saperatec's innovative technology enhances the conversion of waste into recyclable materials, providing valuable recycling alternatives for various products. Additionally, the facility includes a laboratory dedicated to exploring and developing new technologies, further advancing the company's capabilities in the recycling sector.

Sonnen

Series A in 2013
Sonnen is a developer of solar-based energy storage systems that provide clean and affordable energy solutions for residential homes, agricultural farms, and commercial enterprises. Since the introduction of the Sonnenbatterie in Germany and Austria in 2011, the company has focused on integrating energy storage with home automation platforms. This integration allows users to actively manage their energy consumption, optimizing the use of energy harvested from solar photovoltaic systems or the grid. Sonnen's offerings extend beyond simple storage, incorporating features such as smart metering and virtual power plant integration, designed to enhance energy management and provide tailored solutions for various energy needs.

Evodos

Venture Round in 2012
Evodos is a Dutch company based in Breda that specializes in the development and production of centrifugal force systems utilizing its patented Spiral Plate Technology (SPT). This innovative technology enables the efficient separation of solid materials from liquids, allowing for the formation of stackable pie shapes or pastes with various consistencies. Evodos's systems are designed for high separation efficiency and low energy consumption, making them suitable for applications in the algae dehydration and oil purification markets. The company offers machines with flow volumes ranging from 750 liters per hour to 40 cubic meters per hour, ensuring versatility in handling different volumes. Evodos's equipment is characterized by its compact design, low noise levels, and minimal maintenance costs, positioning it as a leader in sustainable technology solutions.

Cysal

Seed Round in 2012
Cysal GmbH is a biotechnology company based in Münster, Germany, established in 2012. The company specializes in developing, optimizing, and licensing fermentation technology solutions for biopolymers and low-molecular weight compounds, including dipeptides. Cysal provides a variety of services, including fermentation technology development and the selection of microbial strains, aimed at enhancing the production processes for its clients. By focusing on microbial metabolic diversity and fermentation processes, Cysal enables researchers to adopt more sustainable methods for producing specialty and base commodities, replacing traditional chemical approaches. The company collaborates with a network of partners and distributors both in Germany and internationally to deliver its innovative solutions.

Subitec

Series B in 2012
Subitec GmbH, founded in 2000 as a spin-off from the Fraunhofer Institute for Interfacial and Biotechnology, specializes in manufacturing microalgae biotechnology cultivation equipment and turn-key production systems. The company offers a range of Flat Panel Airlift Photobioreactors in various sizes, including 6 liter, 28 liter, 100 liter, and 180 liter volumes, along with essential components such as lighting systems, media feeds, temperature control, and harvesting tools. Subitec's systems are designed for diverse applications, including nutraceuticals, food and feed, aquaculture, cosmetics, research, and energy markets. The company provides solutions for indoor, outdoor, compact, and hybrid systems, as well as pilot plants, enabling clients to produce sustainable bio-products from microalgae. Based in Stuttgart, Germany, Subitec operates as a subsidiary of Roeser Medical GmbH & Co. KG.

Smart Hydro Power

Series A in 2012
Smart Hydro Power GmbH, founded in 2010 and based in Feldafing, Germany, specializes in the development and manufacturing of kinetic micro-hydro power plants and energy management systems. The company focuses on providing affordable and eco-friendly renewable energy solutions, particularly for remote or off-the-grid locations. Its product offerings include smart turbines and complete energy packages designed to facilitate decentralized electrification projects. Smart Hydro Power emphasizes simplicity and competitiveness in its designs, which are intended to enhance productivity for electricity providers while improving living standards in rural areas. The company’s hydropower plants are designed to be environmentally friendly and fish-friendly, requiring minimal infrastructure for installation.

Geo-En

Venture Round in 2012
Geo-En plans and builds integral energy supply systems for heating, cooling and electricity. Geo-En systems increase the property value by using renewable heat and cold energies. The hybrid systems of Geo-Encombine heat pumps with cogeneration or solar technology and thus, achieve efficiency targets as well as cost targets. As a powerful source for shallow geothermal energy, Geo-Enhas developed the groundwater circulation well technology. It provides energy ten times that of a conventional probe through the circulation of groundwater and is already known as a patent. For optimal management of geothermal energy systems and hybrid systems, Geo-Enoffers comfortable management and monitoring systems. Since its establishment in 2007, Geo-En has implemented over 20 large systems, from 50 kW up to 1 MW of heating. The energy systems supply power to office buildings, residential buildings and complete districts. Geo-En follows and manages the systems through a centralised control station.

CNM Technologies

Seed Round in 2012
CNM Technologies GmbH is a German company based in Bielefeld that specializes in the development and production of functionalized carbon nanomembranes. These ultra-thin membranes, produced from a single layer of molecules, are designed for diverse applications in industries such as biotechnology, medical sciences, energy, and nanotechnology. The company offers a range of products, including support membranes for transmission electron microscopy, sample supports with various surface terminations, and customized nanomembranes tailored for specific research needs. With a strong patent portfolio, CNM Technologies protects its innovations in materials and manufacturing processes. The company actively collaborates with prestigious research institutes and industrial partners across Europe, and it markets its products online to clients worldwide, including research groups and commercial enterprises.

Broadband United GmbH

Venture Round in 2011
Broadband United GmbH (BroadU) improve the transmission characteristics of existing copper lines in the subscriber access network. All BroadU solutions are based on Interference Cancellation Technology (IFC). BroadU has developed IFC together with Vierling Communications GmbH, Ebermannstadt, the Chair of Information Transmission, Erlangen, iAd GmbH, Großhabersdorf and other partners. IFC products significantly reduce crosstalk interference on telephone cables. With DSL signals, this allows up to 100 percent more range and transmission rate as well as significantly higher cable assignment and stability.

Feranova

Series A in 2011
Feranova is a manufacturer and service provider in the solar industry, specializing in both photovoltaic (PV) and concentrated solar power (CSP) projects. The company manages all stages of project development internally, from planning to implementation. After successfully developing an innovative CSP-aluminium mirror, Feranova is now concentrating on the planning and commercialization of solar thermal equipment, both in Germany and internationally. Additionally, the company constructs turn-key solar thermal facilities for thermal solar power plants, offering a range of products that include sandwich mirrors, CSP collectors, and PV modules. Feranova aims to transform environmental challenges into economically viable projects, catering to both private and industrial clients while promoting global environmental preservation.

Saperatec

Seed Round in 2011
Saperatec, founded in December 2010, is based in Bielefeld, where it operates comprehensive production facilities focused on the separation of bonded and coated materials. The company specializes in recycling technology that enables the processing of multi-layer materials into secondary raw materials. Utilizing both physical and chemical principles, Saperatec's innovative technology enhances the conversion of waste into recyclable materials, providing valuable recycling alternatives for various products. Additionally, the facility includes a laboratory dedicated to exploring and developing new technologies, further advancing the company's capabilities in the recycling sector.

svh24.de

Series A in 2010
Svh24.de is a Germany-based online shop specializing in tools, equipment, and production supplies. SVH Handels-GmbH is a wholly owned subsidiary of HAHN + KOLB Werkzeuge GmbH based in Ludwigsburg. SVH Handels-GmbH and HAHN + KOLB Werkzeuge GmbH are companies of the Würth Group based in Künzelsau. The Würth Group is the world market leader in its core business of trading in assembly and fastening materials. It currently consists of over 400 companies in more than 80 countries and employs more than 70,000 people. Further information about the Würth Group can be found at www.wuerth.com . As early as 1998, Alexander Schmidt founded the predecessor company of today's SVH Handels-GmbH. The high commitment to the needs of its customers has since formed the basis for the steady growth of the company. The online shop svh24.de is the procurement portal for professional craftsmen and ambitious DIY enthusiasts to meet their recurring needs.

Gollmann

Series A in 2009
Gollmann Picking Systems specializes in the development, production, and marketing of automated storage systems tailored for pharmacies and industrial applications. Founded in early 2006, the company has quickly grown to employ over 60 people and has garnered multiple awards for its innovative solutions. Gollmann's offerings include robotic dispensing and vending machines designed to automate the storage of small products, enhancing operational efficiency for pharmacies by simplifying inventory management. In addition to its product line, the company provides a wide range of services, including remote monitoring, repair, and training, supported by a nationwide service network.

eZelleron

Seed Round in 2009
eZelleron is an innovative company with the intention to revolutionize portable power supply. Accumulator systems and batteries do not come up to the growing demands on portable and mobile energy storages in a satisfactory way. eZellerons new fuel cell technology is extremely light, works on all fuels and is low cost since the start of serial production in 2014.

Heliatek

Series B in 2009
Heliatek GmbH, based in Dresden, Germany, specializes in the development and production of organic solar films and photovoltaic cells. Its flagship product, HeliaSol, is an organic photovoltaics (OPV) solution that can be applied to various surfaces, making it suitable for building retrofitting, automotive applications, and other innovative projects. Heliatek caters to the building and construction material sector, as well as automotive manufacturers, offering tailored products like HeliaFilm for integration into façade and roofing systems. The company is recognized as a leader in organic photovoltaics, leveraging its ultra-light and flexible technology to provide sustainable energy solutions. Established in 2006, Heliatek has formed strategic partnerships with companies such as AGC Glass Europe and Reckli China, and it employs around 160 people across its facilities in Germany. The research and development of its technologies have received support from the Free State of Saxony, the Federal Republic of Germany, and the European Union.

Novaled

Series C in 2009
Novaled AG is a technology provider specializing in organic light-emitting diode (OLED) technologies, targeting the organic electronics market. Based in Dresden, Germany, and established in 2003, the company focuses on high-efficiency, long-lifetime OLED structures, leveraging its expertise in synthetic and analytical chemistry. Novaled offers complete solutions that include its proprietary Doping technology and materials, catering to customers in various sectors, including televisions and mobile devices. The company has built strong partnerships with major players in the OLED industry and holds a robust intellectual property portfolio, with over 500 patents granted or pending. Additionally, Novaled maintains branch offices in Asia to support its global operations.

Jedox

Series B in 2009
Jedox is a developer of an enterprise performance management platform that enhances planning, analysis, and reporting through a unified, cloud-based software suite. The company's platform aims to simplify these processes by automating repetitive tasks and fostering collaboration among departments. By leveraging artificial intelligence, Jedox transforms business operations, empowering decision-makers with the tools they need to make informed choices confidently. This focus on digitalization enables organizations to work more efficiently and collaboratively, ultimately enhancing their overall performance.

Open-Xchange

Series B in 2008
Open-Xchange, founded in 2005, specializes in developing open-source software and services aimed at fostering an open, secure, and transparent digital environment. The company provides an integrated messaging, collaboration, and productivity platform tailored for telecommunications, hosting, and service providers. Its solutions enable secure storage, file management, and effective document collaboration, allowing businesses to connect and engage with their users effectively. Open-Xchange emphasizes flexibility and user satisfaction, positioning itself as a sustainable option in competitive markets. With a proven track record in agile software development, the company continues to innovate and adapt its offerings to meet the evolving needs of its clients.

4JET

Venture Round in 2008
4JET is a manufacturer specializing in laser systems for surface treatment, focusing primarily on the automotive and glass industries. Established in 2006, the company has emerged as a leader in laser systems for edge deletion of thin-film solar cells and tire labeling. Additionally, 4JET provides solutions for various industrial cleaning tasks, including the cleaning of molds, tools, and fixtures, as well as paint and coating removal from tires and automotive components. The company produces pulsed CO2 lasers for these applications and collaborates with Mitsubishi International GmbH for global sales since 2007. Based in Hückelhoven, a skilled team of physicists and engineers at 4JET is dedicated to advancing laser process technology and integrating these processes into turnkey production plants for industrial use.

Jedox

Series B in 2008
Jedox is a developer of an enterprise performance management platform that enhances planning, analysis, and reporting through a unified, cloud-based software suite. The company's platform aims to simplify these processes by automating repetitive tasks and fostering collaboration among departments. By leveraging artificial intelligence, Jedox transforms business operations, empowering decision-makers with the tools they need to make informed choices confidently. This focus on digitalization enables organizations to work more efficiently and collaboratively, ultimately enhancing their overall performance.

DIVOLUTION

Venture Round in 2008
DIVOLUTION is a German company that offers testing and targeting technology.
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