Anton Osika
Lovable (Portfolio founder)
Eléonore Crespo
Pigment (Portfolio founder)
Pieter van der Does
Adyen (LP)
Jan Oberhauser
n8n (Portfolio founder)
Daniel Dines
UiPath (Portfolio founder)
Mario Goetze
World Cup-winning footballer (LP)
Ilkka Paananen
Supercell (LP)
Andrey Khusid
Miro (Portfolio founder & LP)
Johannes Groll, Nico Bentenrieder & André Petry
Tacto (Portfolio founders)
Thomas Wolf
Hugging Face (LP)
Selina Stihl
Board Member, Stihl (LP)
Hanno Renner
Personio (Portfolio founder & LP)
Sebastian Vettel
4x F1 Worldchampion (LP)
Sunil Bharti Mittal
(LP)
Robin Rombach & Andreas Blattmann
Black Forest Labs (Portfolio founders)

In this era of upheaval, obsession beats playbooks, ambition beats size and conviction beats consensus. We back those who run toward the fire and follow one simple rule: connecting the top 0.1% with the top 0.1%.

We believe that rather than access to large in-house teams, what the top 0.1% of founders need is a connection to the top 0.1% of experts across adjacent industries – people who’ve built, scaled and broken new ground.

You go big by learning from those who have done it before you. This is where our Visionaries cadre comes in: many are our LPs, and they come to the table as mentors, early customers and collaborators.

Luminary founders: The people behind companies like UiPath, Miro, FlixBus, Lovable, n8n, Spotify, Personio, Adyen and HelloFresh, Hugging Face or DeepMind – operators who’ve been through the journey and are ready to help others do the same.

Industrial family entrepreneurs: Leaders of companies such as Swarovski, Mittal, Haniel, Stihl, Henkel, Siemens, Oetker, Fiege and Bitburger. Together, they represent over 90% of Europe’s most influential industrial families – and give our founders a direct route to enterprise customers and unique market insights.

The Visionaries Era: Hungry beats big.

We burned the map.

We're in the middle of the fastest transformation any of us will ever witness. The old frameworks are being shredded to pieces. Anyone who tells you they know what comes next is fooling themselves.

We don’t pretend to have all the answers.
What we know is this: in every era of upheaval, one thing has mattered more than any other. Not capital, thesis or strategy.
The person. The one who wakes up obsessed, works with Herculean power, and still goes to sleep unsatisfied, having yet more to offer to this world.
AI will flatten every advantage except that one.
So we're doing the one thing we know how to: We back those who run toward the fire. 
And we run toward it ourselves. Every morning, we wake up with one ambition: to build the defining venture firm of this era. Not on the back of past laurels.
Because in moments of reset, the future doesn’t care that much about our past.
Instead, our edge comes from the same force we look for in founders: Obsession.
Because in every generational shift:
Obsession beats playbooks.
Ambition beats size.
Conviction beats consensus.

Hungry beats big.

We reject the institutional bloat that defines much of today’s VC industry.

Multistage firms have industrialised venture, scaling VC platforms like tech companies. But no amount of scaling can take away from the fact that venture is an outlier business. 

So we follow one very simple rule:
Connecting the top 0.1% with the top 0.1%.
The founders redefining the future deserve nothing less than those who have already built it once. That’s why we are backed by a select group of the world’s most iconic entrepreneurs from tech to industry.

Our Tech Entrepreneurs, the founders and operators behind companies like Lovable, Hugging Face, UiPath, DeepMind, Miro, Adyen, Spotify, FlixBus or Personio have just been through your journey and are ready to help you do the same. They do not stand at the sidelines, but come from the trenches. They’ve felt the weight of responsibility, the adrenaline of product launches, the grind of global expansion, and the pain of near-failure.
Our Industrial Family Entrepreneurs such as Swarovski, Mittal, Haniel, Stihl, Henkel, Siemens, Oetker, Fiege or Viessmann give our founders direct access to over 90% of the most consequential industrial family businesses and with that, an unfair head start in product validation, procurement cycles and scaling in an AI world where speed matters more than ever before.

Together with these minds, we are building a fundamentally new model of venture for the most tectonic shift in the history of technology:

The Visionaries.

Growing at a speed that defies conventional wisdom

Growing at a speed that defies conventional wisdom

Lovable
Lovable – Build apps with words –
Lovable – Build apps with words –
Lovable – Build apps with words –
Lovable – Build apps with words –
Lovable – Build apps with words –
Lovable – Build apps with words –
Lovable

Lovable is a Stockholm-based company building the last piece of software — a tool that lets anyone create an app simply by describing it with words. No code or complexity needed.

Our Thesis

The internet made distributing digital products cheaper than ever. But building them is still expensive, slow, and bottlenecked by limited engineering resources. Lovable flips this on its head. By enabling anyone to create web apps using natural language, it collapses the cost of building software to near zero. That changes everything. We’re excited to see how this shift will unleash a new generation of entrepreneurs, indie builders, and businesses — all powered by AI. The barriers are gone. Now, it’s just about what you can imagine, create and build. Seeing is believing — try it now!

Pigment
Pigment – Business planning, reimagined –
Pigment – Business planning, reimagined –
Pigment – Business planning, reimagined –
Pigment – Business planning, reimagined –
Pigment – Business planning, reimagined –
Pigment – Business planning, reimagined –
Pigment

Pigment is the all-in-one business and forecasting platform that allows companies to take better decisions collectively, run operations and plan ahead in a single source of truth tool as they scale.

Our Thesis

Our investment decision into Pigment has been driven by our core hypothesis of digital tools empowering the decentralization of work. We believe work is getting increasingly digital, distributed, and more complex meaning that people need better tools to do their jobs. After the popularity and unbundling of highly verticalized solutions, e.g. Notion, Zoom, Slack, G-Suite, Trello / Asana, Affinity, Miro, Evernote, etc. now the focus lies on achieving full frictionlessness. Workflows that used to be executed inefficiently with multiple isolated tools can now be integrated, automated, or replaced with a more efficient single tool.

Miro
Miro – Where teams work together –
Miro – Where teams work together –
Miro – Where teams work together –
Miro – Where teams work together –
Miro – Where teams work together –
Miro – Where teams work together –
Miro

Miro is an online whiteboarding platform that enables teams to create and collaborate on any type of content in a flexible and integrated environment.

Our Thesis

It is rare to see that a single product can radically change the way millions of people work. Andrey and his team started working on an online whiteboard from a warehouse a decade ago. Over the last few years, this project evolved into the vision of building arguably the most indispensable collaboration platform for modern teams, including product, design, engineering and various others. Miro is the most critical puzzle piece in the re-bundling of collaborative future of work & productivity in the years to come.

Personio
Personio – HR for the people –
Personio – HR for the people –
Personio – HR for the people –
Personio – HR for the people –
Personio – HR for the people –
Personio – HR for the people –
Personio

Munich-based Personio offers cloud-based HR management and recruiting solutions and software for small- and medium-sized enterprises.

Our Thesis

We are in the middle of the full vertical and horizontal integration of new tech layers for SMEs. The target group is especially attractive as in many cases there is nothing to replace (e.g. Personio targeting greenfield/MS Excel). We strongly believe in the category of a new generation of lean software tools empowering micro SMEs, as it is the most underserved category regarding professional software, while at the same time the largest and fastest-growing market in terms of numbers of businesses. At the same time we believe HR to be one of the most underserved software categories to empower the most important asset of every single company: its people who are the key source of each company’s value creation.

n8n
n8n – AI orchestration platform –
n8n – AI orchestration platform –
n8n – AI orchestration platform –
n8n – AI orchestration platform –
n8n – AI orchestration platform –
n8n – AI orchestration platform –
n8n

n8n is the AI orchestration platform that helps enterprises turn intelligence into impact. It connects large language models, business tools, and data sources into seamless, secure workflows. With a visual interface, pre-built integrations, and code-optional flexibility, n8n enables teams to automate, integrate, and scale complex processes reclaiming time, reducing costs, and driving real productivity gains.

Our Thesis

Our investment in n8n is grounded in our belief that the next phase of AI will be defined not by model breakthroughs, but by orchestration. As enterprises race to embed AI into daily workflows, the winners will be those who can integrate intelligence securely, flexibly, and collaboratively across teams and systems. After a decade of tool fragmentation, from the rise of vertical productivity apps like Notion, Slack, and Asana, the pendulum is swinging toward orchestration and interoperability. n8n embodies this shift: it’s the connective tissue that unites people, data, and AI. By reducing handoffs, accelerating experimentation, and empowering every team to operationalise AI, n8n is building the infrastructure for enterprise-grade intelligence - one workflow at a time. Try it out here: https://n8n.io/

Solve Intelligence
Solve Intelligence – AI for Patents –
Solve Intelligence – AI for Patents –
Solve Intelligence – AI for Patents –
Solve Intelligence – AI for Patents –
Solve Intelligence – AI for Patents –
Solve Intelligence – AI for Patents –
Solve Intelligence

Solve Intelligence uses AI to help legal pros draft, prosecute and analyze patents faster with a simple in-browser editor.

Our Thesis

Patent creation and prosecution remain some of the least automated knowledge workflows, despite their strategic importance. Solve is changing this with a platform built around real IP workflows and a team that combines scientific excellence with domain expertise. Early adoption and strong global momentum indicate a category defining company. We believe Solve can

Tacto
Tacto – AI-powered procurement –
Tacto – AI-powered procurement –
Tacto – AI-powered procurement –
Tacto – AI-powered procurement –
Tacto – AI-powered procurement –
Tacto – AI-powered procurement –
Tacto

Tacto is focusing on becoming the procurement operating system for SMEs by developing an AI-based software that gives customers a transparent overview of their procurement activities, algorithmically highlights risk & savings potential, and automates all transactional workflows in sourcing and supplier management.

Our Thesis

We believe re-inventing the enterprise B2B IT stack is the here-and-now opportunity in Europe as everything that can be digitised. There is no economic reason for any part of the value chain not to be digitized in the long run if there is potential to streamline and automate processes. From developer tools to vertical-specific applications, we expect software to power all areas of business. Existing software architectures are going to shift towards more modular, consumerized and integrated solutions. Industrial procurement is one of the largest under-digitized markets. Our investment decision in Tacto has been mainly driven by building a tool that re-invents procurement for SMEs by bridging the information asymmetry between the supply and demand side in a digital platform automating transactional workflows across the supply chain.

Black Forest Labs
Black Forest Labs – Frontier AI research –
Black Forest Labs – Frontier AI research –
Black Forest Labs – Frontier AI research –
Black Forest Labs – Frontier AI research –
Black Forest Labs – Frontier AI research –
Black Forest Labs – Frontier AI research –
Black Forest Labs

Founded by a small group of pioneering researchers in 2024, Black Forest Labs (BFL) has rapidly become one of the most advanced independent AI research organisations in the world, achieving frontier-level performance, validated by broad adoption and measurable global scale. Deeply rooted in foundational research, Black Forest Labs continuously builds state-of-the-art technology to empower creators, developers, and forward-thinking enterprises to bring their imagination to life. The BFL team pioneered Latent Diffusion, Stable Diffusion, and FLUX- milestones that transformed generative AI and made frontier image generation accessible to millions.

Our Thesis

Black Forest Labs combines frontier level research with a practical and responsible approach to real world deployment. The team has reached a level of performance that rivals the largest global labs while remaining lean, focused, and committed to open accessibility. We were especially drawn to three things: a world class team that has already shaped a generation of visual AI technology, a model that blends open research with commercial adoption across both global enterprises and independent creators, and a European base with genuine global reach. This combination of scientific excellence, disciplined execution, and broad accessibility positions Black Forest Labs to define the next era of AI model development.

Tandem Health
Tandem Health – AI for modern medicine –
Tandem Health – AI for modern medicine –
Tandem Health – AI for modern medicine –
Tandem Health – AI for modern medicine –
Tandem Health – AI for modern medicine –
Tandem Health – AI for modern medicine –
Tandem Health

The AI operating system for modern medicine.

Our Thesis

Healthcare is breaking away from outdated systems, and Tandem is at the forefront of this shift. Clinicians today waste nearly half their time on admin. It’s inefficient, exhausting, and expensive. AI-native platforms are about to change that, and Tandem is building the one clinicians actually want to use. We believe AI medical assistants will become the invisible backbone of modern healthcare, streamlining workflows, cutting costs, and giving time back to the people who save lives. Born in the Nordics and built by healthcare insiders, Tandem is led by CEO Lukas Saari and Co-Founder Oscar Boldt-Christmas (formerly head of McKinsey’s European Healthcare practice). The company already powers more than 1,000 healthcare organisations, and a major partnership with Accurx is bringing its assistant to 200,000+ NHS professionals, one of the largest real-world AI deployments in global healthcare. Tandem is building a clinical co-pilot that supports medical teams directly and scales like software, automating documentation, referrals, follow-ups, and care coordination in seconds, not hours. We're excited to back the foundation for AI-enabled care in Europe.

Xentral
Xentral – Lean ERP for modern SMEs –
Xentral – Lean ERP for modern SMEs –
Xentral – Lean ERP for modern SMEs –
Xentral – Lean ERP for modern SMEs –
Xentral – Lean ERP for modern SMEs –
Xentral – Lean ERP for modern SMEs –
Xentral

Xentral has developed a "Lean ERP" for modern SMEs, to automate the mundane and time-consuming backend processes of running a business – from order, returns and warehouse management to purchasing, invoicing, and accounting. All in a highly modularized, API-driven, and easy-to-implement solution.

Our Thesis

We strongly believe in a new generation of tools empowering micro SMEs. It is not only the most underserved segment regarding software but also the largest and fastest-growing one regarding the number of businesses. This trend is fuelled predominantly by the remarkable pace of e-commerce development, allowing micro SMEs to easily start and expand their business by selling through Amazon, eBay, Shopify, and a wide array of other platforms. Our investment decision has thus been underlined by the market opportunity of creating a “single source of truth” for all backend processes and the founding team’s insane conviction of building the product bottom-up based on the needs of their customers.

Apron
Apron – Sort your business money –
Apron – Sort your business money –
Apron – Sort your business money –
Apron – Sort your business money –
Apron – Sort your business money –
Apron – Sort your business money –
Apron

Apron is the partner that every small business needs, pulling together and paying your invoices, fast. So instead of wading through admin, you can get back to moving your business forward.

Our Thesis

All aspects of B2B Payments are getting reinvented from the ground up.

Small businesses often struggle with the time-consuming task of handling payments - sifting through invoices, reconciling accounts, and managing multiple payments. These administrative tasks divert valuable resources and time away from growth and innovation. Accounts payable and accounts receivable are two areas where we continue to see significant digitisation and automation potential. This is what Apron was built for: radically changing the way businesses handle payments. Apron's platform streamlines and automates payments, turning what was once a time-consuming process into an intuitive experience. Its seamless integrations and simplified payment workflows are unlocking valuable resources, boosting cash-flow, and giving time back to small business owners.

Taktile
Taktile – Agentic Decision Platform –
Taktile – Agentic Decision Platform –
Taktile – Agentic Decision Platform –
Taktile – Agentic Decision Platform –
Taktile – Agentic Decision Platform –
Taktile – Agentic Decision Platform –
Taktile

Taktile is an AI-driven decision platform that helps financial institutions automate and optimize risk, credit and fraud decisions without heavy engineering.

The Token Company
The Token Company – Compress LLM input –
The Token Company – Compress LLM input –
The Token Company – Compress LLM input –
The Token Company – Compress LLM input –
The Token Company – Compress LLM input –
The Token Company – Compress LLM input –
The Token Company

Supercharge LLM performance by removing context bloat The bear-1.1 compression model removes context bloat from your prompts before they hit your LLM. Drop-in API middleware that integrates in minutes.

11x
11x – Digital workers that deliver –
11x – Digital workers that deliver –
11x – Digital workers that deliver –
11x – Digital workers that deliver –
11x – Digital workers that deliver –
11x – Digital workers that deliver –
11x

We’re not selling software—we’re selling work

Our Thesis

11x is killing traditional software, and unleashing a new era of digital workers by creating an AI-powered workforce that handles routine work, freeing humans to focus on what they do best—creating, innovating, and building meaningful relationships. We believe in investing in transformative technologies that unlock human potential. 11x is pioneering the future of work with Autonomous Digital Workers, intelligent systems that go beyond automation to handle repetitive tasks, freeing people to focus on creativity, innovation, and growth. By targeting critical revenue functions and redefining productivity, 11x is building a new category of tools that enable businesses to scale smarter and faster. With a visionary team and a bold mission, 11x is not just automating work—it’s revolutionising it. We're proud to partner with the team in creating the future of business performance and productivity.

Accountable
Accountable – Finances done right –
Accountable – Finances done right –
Accountable – Finances done right –
Accountable – Finances done right –
Accountable – Finances done right –
Accountable – Finances done right –
Accountable

Accountable.eu is an all-in-one app that helps self-employed people manage bookkeeping, invoices and taxes easily.

Adfin
Adfin – Just get paid –
Adfin – Just get paid –
Adfin – Just get paid –
Adfin – Just get paid –
Adfin – Just get paid –
Adfin – Just get paid –
Adfin

London-based Adfin offers a revolutionary payment platform designed to streamline bill payments for businesses and consumers.

Our Thesis

Transforming bill payments through innovation.

Adfin addresses the inefficiencies in bill payments, a sector often overlooked despite its volume. While POS and e-commerce payments have advanced significantly, bill payments remain cumbersome and outdated. Adfin leverages best-in-class open banking technology and AI-powered systems to dynamically route transactions, ensuring faster payments and reduced administrative burden. By simplifying the process for both businesses and consumers, Adfin aims to modernise bill payments, making them as seamless and efficient as possible.

Ameba
Ameba – Automate Supply Chain Data with AI –
Ameba – Automate Supply Chain Data with AI –
Ameba – Automate Supply Chain Data with AI –
Ameba – Automate Supply Chain Data with AI –
Ameba – Automate Supply Chain Data with AI –
Ameba – Automate Supply Chain Data with AI –
Ameba

Revolutionising Global Supply Chains with AI: London-based Ameba has created an AI-driven platform that provides brands with data analytics tools and real-time insights, enabling them to transform complex supply chains into engines of growth and efficiency.

Our Thesis

Supply chains are the backbone of commerce but remain outdated and inefficient, costing businesses up to 62% in losses during disruptions. Yet, reducing supply chain costs by just 4% can double profitability.

Ameba simplifies supply chain management by automating data extraction from scattered sources—emails, WhatsApps, PDFs, Excel sheets, and more—and consolidating it into one platform. Built on existing workflows, Ameba uses AI to translate raw data into actionable insights, giving teams real-time visibility across their entire supply chain. With instant updates on every product’s status, businesses can predict disruptions, respond to delays, manage costs, and address quality issues efficiently. Ameba’s AI also automates communication, updates, and alerts, driving faster decisions and greater efficiency. By turning fragmented data into meaningful insights, Ameba empowers brands to meet rapid consumer demands for faster, more cost-effective, and sustainable supply chains—transforming supply chains from bottlenecks into engines for growth.

Arculus
Arculus – Modular production systems –
Arculus – Modular production systems –
Arculus – Modular production systems –
Arculus – Modular production systems –
Arculus – Modular production systems –
Arculus – Modular production systems –
Arculus

Arculus has developed a modular production system which can be applied to any manufacturing company, enabling them to switch from a line production to a modular production logic by utilizing different, integrated production and control software stacks in combination with the proprietary arculee hardware system.

Our Thesis

Visionaries Club participated in December 2019 in a pre-emptive financing round alongside Atomico and a great syndicate of business angels including the Flixbus founders, Johannes Reck (GetYourGuide), Torsten Reil (NaturalMotion) and others. Arculus has already worked with some of the leading manufacturing companies across a range of industries to upgrade assembly lines of e.g. Siemens in robotics, heating, ventilation and air conditioning, Viessmann in logistics, and Audi in automotive. Based on this proven track record, arculus has been acquired by Jungheinrich AG in October 2021.

automaited
automaited – AI Agents for everything –
automaited – AI Agents for everything –
automaited – AI Agents for everything –
automaited – AI Agents for everything –
automaited – AI Agents for everything –
automaited – AI Agents for everything –
automaited

Automaited is a unique combination of RPA, Task Mining and AI. It tracks and understands your work and independently builds bots that automate any recurring task. You don't have to do anything. Just sit by and watch as automaited automates your least favourite tasks.

Our Thesis

The three founders, Alexander Schwabauer, Denis Golovin, and Eric Marre spun out of the process and data science group of Professor van der Aalst from RWTH Aachen, also known as the "godfather of process mining". They continuously impress us with the speed and ingenuity with which they improve automaited. It won't be long before computers free us from mindless and repetitive work. Automaited will be critical to this digital automation revolution.

Autarc
Autarc – AI for Energy Solutions –
Autarc – AI for Energy Solutions –
Autarc – AI for Energy Solutions –
Autarc – AI for Energy Solutions –
Autarc – AI for Energy Solutions –
Autarc – AI for Energy Solutions –
Autarc

Berlin-based Autarc is developing an AI-powered operating system for Europe's one-stop energy installers, accelerating the transition to fossil-free heating.

Our Thesis

Heat pumps are central to Europe’s decarbonization strategy, with governments pushing for millions of installations by 2030. Yet, the industry remains highly fragmented – over 200,000 SMEs rely on outdated tools, making installations inefficient and slowing adoption.

Autarc is building the missing technology layer for these one-stop installers. In a first step, their AI-driven platform streamlines sales, design, and installation, cutting planning time of heat pump projects from 20 hours to less than 30 minutes using LiDAR-based data collection. By automating workflows, reducing errors, and improving efficiency, Autarc enables faster and more scalable deployment of heat pumps.

We see a massive opportunity in this underserved market. Autarc’s founding team combines deep industry expertise with strong execution speed, attracting top-tier talent. With powerful market tailwinds, a differentiated product, and early traction, Autarc is well-positioned to become a category-defining player in the energy transition.

Causaly
Causaly – AI platform for life sciences –
Causaly – AI platform for life sciences –
Causaly – AI platform for life sciences –
Causaly – AI platform for life sciences –
Causaly – AI platform for life sciences –
Causaly – AI platform for life sciences –
Causaly

Causaly develops a biomedical research discovery tool designed to find and unlock key hidden evidence in biomedicine.

Our Thesis

Causaly is the leading AI platform for drug discovery and biomedical research. It represents one of the most pivotal applications of AI in the real world as it can accelerate the discovery of new scientific breakthroughs that can have a massive impact on human life.

A large part of knowledge work is search and retrieval of information, which can be highly manual, time-consuming and inefficient when it comes to surfacing the most relevant information for a particular task. At Visionaries, we want to invest in technologies that dramatically improve and speed up our ability to do this vital component of knowledge work. When we understood the power of Causaly’s AI-enabled technology to accelerate the drug discovery process (and discover new advanced treatments) by dramatically improving the productivity of researchers, we saw huge alignment with our broader thesis. Causaly is already having a huge real-world impact today and generating value for its growing customer base; Causaly is working with 12 of the top 20 pharma companies (including the likes of Gilead, Novartis, Merck).

Choco
Choco – AI for food & beverage distributors –
Choco – AI for food & beverage distributors –
Choco – AI for food & beverage distributors –
Choco – AI for food & beverage distributors –
Choco – AI for food & beverage distributors –
Choco – AI for food & beverage distributors –
Choco

Berlin-based Choco has built a B2B messaging app for restaurants and suppliers to interact in a seamless way and significantly simplify the ordering and delivery process in a USD 2.4 tn highly fragmented market. With its consumerised product approach Choco reinvents procurement for restaurants.

Our Thesis

We believe the global food supply chain will be online by 2030 and Choco will be its operating platform building a global sustainable food system. Our investment decision for Choco was mainly driven by the team’s vision to re-invent global food supply chains in the long run, by owning the transaction volume and stakeholders and thereby unlocking the relevant data for the first time and stop food waste and loss on a global scale. Thereby choco is transforming a $1T+ industry.

CourtCorrect
CourtCorrect – Legal disputes, digitized –
CourtCorrect – Legal disputes, digitized –
CourtCorrect – Legal disputes, digitized –
CourtCorrect – Legal disputes, digitized –
CourtCorrect – Legal disputes, digitized –
CourtCorrect – Legal disputes, digitized –
CourtCorrect

CourtCorrect is reinventing the legal system as we know it. The software will be the central digital infrastructure to manage and resolve legal disputes for all parties involved. Court Correct already enables businesses and legal service providers to streamline and improve their claims processing while at the same time offering citizens never-before-seen access to their rights.

Our Thesis

Today, legal claims processes are inefficient, intransparent and frustrating for all parties involved. As a legal prodigy from the University of Cambridge, Ludwig (CEO and Founder of CourtCorrect) has made it his mission to digitise legal claims processes in their entirety. Using advanced AI models, CourtCorrect automates the process significantly. Its holistic digital infrastructure paves the way to a genuinely digital forum for dispute resolution.

Cycle
Cycle – Sustainable last-mile delivery –
Cycle – Sustainable last-mile delivery –
Cycle – Sustainable last-mile delivery –
Cycle – Sustainable last-mile delivery –
Cycle – Sustainable last-mile delivery –
Cycle – Sustainable last-mile delivery –
Cycle

Cycle is bringing a new mode of sustainable mobility into last-mile delivery, offering a fullstack platform of custom-built electric vehicles and software-enabled fleet operations.

Our Thesis

The way we move around in urban areas has to change radically and last-mile delivery services are facing strong headwinds. Sustainability is a pressing challenge both on a unit economics level and from an emissions perspective. Cycle is leading the B2B Mobility-as-a-Service revolution by deploying specially manufactured electric vehicles tailored to the needs of grocery delivery companies, food delivery services and parcel logistics. Luis and Nik have built a unique operational execution engine supercharged by a powerful back-end software, putting them into a pole position to become the European leader in B2B e-mobility.

GetHarley
GetHarley – Skin health, personalized –
GetHarley – Skin health, personalized –
GetHarley – Skin health, personalized –
GetHarley – Skin health, personalized –
GetHarley – Skin health, personalized –
GetHarley – Skin health, personalized –
GetHarley

GetHarley wants to become the winning healthy aging ecosystem by providing personalized end-to-end care for every type of skin. Get Harley allows dermatologists to choose and prescribe skincare products to patients via online consultation, whilst prompting repeat purchases and providing a premium, personalized service for each patient.

Our Thesis

Our investment decision into GetHarley was driven by the vision to build a venture at the intersection of telemedicine and dermatology re-defining distribution channels in this high-margin and fast-growing market.

GetMomo
GetMomo – Reinventing rentals –
GetMomo – Reinventing rentals –
GetMomo – Reinventing rentals –
GetMomo – Reinventing rentals –
GetMomo – Reinventing rentals –
GetMomo – Reinventing rentals –
GetMomo

Getmomo is on a mission to reinvent the European rental market and build the leading embedded financial solution provider in the real estate sector.

Our Thesis

We believe in GetMomo's approach enabling real estate players to offer directly embedded solutions and break into a significant market opportunity by providing them, in a first step, with a deposit-replacement offering. The company was founded by Marcel Meitza who put together a team bringing strong unique market insights with backgrounds from BCG, Mozilla and Crypho.

H Company
H Company – Frontier AI for automation –
H Company – Frontier AI for automation –
H Company – Frontier AI for automation –
H Company – Frontier AI for automation –
H Company – Frontier AI for automation –
H Company – Frontier AI for automation –
H Company

Paris-based H Company is developing frontier action models to enable the new generation of AI for task automation and decision-making.

Our Thesis

AI is the next fundamental technological platform shift of our time, yet the majority of potential in AI-enabled automation is still locked. We need new and better models capable of automating tasks and processes in the industrialized world. H Company is developing a comprehensive, heterogeneous multi-agent Artificial General Intelligence (AGI) capable of addressing challenges beyond the limitations of current foundational models and infrastructure-level stacks. Our investment decision in H Company is driven by the exceptional team of AI researchers, including Daan Wierstra, Laurent Sifre, Julien Perolat, Karl Tuyls, and Charles Kantor. Their work at DeepMind, contributing to projects like AlphaGo, Gemini, DeepNash, and Chinchilla, and their leadership steering the direction of groundbreaking research puts them in a pole position catalyzing the intersection of AI and automation.

Hakuna
Hakuna – Embedded insurance done right –
Hakuna – Embedded insurance done right –
Hakuna – Embedded insurance done right –
Hakuna – Embedded insurance done right –
Hakuna – Embedded insurance done right –
Hakuna – Embedded insurance done right –
Hakuna

hakuna is the only embedded insurance solution that allows any retailer to offer an Apple Care-like user experience for their products.

Our Thesis

E-Commerce has advanced enormously in past years, and with it, we saw a digital reinvention of payments and consumer credit. But until now, there is no digitally-native way to protect products bought online. As former executives at SumUp, Groupon, and abracar, Sebastian, Orhan and Rupert are the perfect founders to take on this problem. The warranty extension market is a EUR 100 bn opportunity, and hakuna will be its digital champion.

incident.io
incident.io – Incidents, handled –
incident.io – Incidents, handled –
incident.io – Incidents, handled –
incident.io – Incidents, handled –
incident.io – Incidents, handled –
incident.io – Incidents, handled –
incident.io

incident.io is building the next generation of software tools to allow companies to respond to critical product failures and incidents and improve the way team deal with these over time.

Our Thesis

Founded in 2021, incident.io is on a mission to transform the way teams respond to technology & product failures i.e. “incidents”. What started as an internal product to help manage the incident resolution workflow - that the founders built whilst senior engineers at Monzo - has grown into a powerful incident management platform used by some of the world’s leading technology companies like Etsy, Miro, Skyscanner, Vercel etc. The product suite allows engineering teams (and others in the organisation) to smartly manage the entire end-to-end process of incidents, including sophisticated on-call management, workflow automation, and reporting features. Incident.io have proven extraordinarily strong go-to-market traction and incredible customer love with engineers and product teams. With an ambitious team and an intuitive product which is relevant for every single business out there, we believe incident.io has all the ingredients to become a category leader in this space.

Insify
Insify – Insurance for entrepreneurs –
Insify – Insurance for entrepreneurs –
Insify – Insurance for entrepreneurs –
Insify – Insurance for entrepreneurs –
Insify – Insurance for entrepreneurs –
Insify – Insurance for entrepreneurs –
Insify

Insify is on a mission to reshape the commercial insurance industry by building a data-led and tech-first proprietary insurance platform for entrepreneurs and small businesses.

Our Thesis

The founders of Insify have previously built and exited leading businesses in Europe. With Insify, we fell in love with the team’s vision to completely rethink SME insurance. They are building a fast, real-time and consumerized solution for SMEs which is based on advanced data and smart underwriting. Insify fits in perfectly with our deep hypothesis around the SME insurance space, which is dominated by legacy practices and ripe for modernization and disruption.

Introw
Introw – Partner-driven sales, AI-powered –
Introw – Partner-driven sales, AI-powered –
Introw – Partner-driven sales, AI-powered –
Introw – Partner-driven sales, AI-powered –
Introw – Partner-driven sales, AI-powered –
Introw – Partner-driven sales, AI-powered –
Introw

Introw enables B2B companies to unlock partner-driven sales with artificial intelligence. The team provides an AI-powered partner platform that helps businesses onboard, train, and activate sales partners in minutes. Introw already supports more than 100 B2B companies and has generated millions in additional pipeline through tens of thousands of partner interactions.

Our Thesis

B2B sales is shifting rapidly. Buyers expect highly personalised and trusted interactions, and traditional outbound channels are becoming saturated. Partner-driven sales have become one of the most effective growth levers because partners already have relationships, credibility, and access to customers. Yet most teams still manage partnerships with email, spreadsheets, or legacy systems that take months to implement. The market urgently needs simple and intelligent software that accelerates partner activation and sales outcomes from day one. Introw connects directly to a company’s CRM and gives partners instant access to customer insights and sales materials, allowing them to collaborate and close deals faster. The result is a modern partner experience that removes friction, reduces time to revenue, and transforms partnerships into a scalable growth engine.

Kabilio
Kabilio – AI for accounting firms –
Kabilio – AI for accounting firms –
Kabilio – AI for accounting firms –
Kabilio – AI for accounting firms –
Kabilio – AI for accounting firms –
Kabilio – AI for accounting firms –
Kabilio

Kabilio is transforming the way accounting firms collaborate with their clients. The company offers an AI-powered platform that automates accounting and tax workflows from start to finish using generative AI. The platform streamlines everything from document collection to invoice processing, bank reconciliation, and compliant invoicing, enabling firms to shift their focus away from repetitive manual tasks and concentrate on strategic advisory work.

Our Thesis

Small and medium-sized businesses are entering a new era of digitalisation. A full vertical and horizontal integration of new technology layers is underway, and for most micro SMEs and advisory firms, there is nothing to replace. Workflows are still manual, fragmented, or reliant on spreadsheets and email. We believe in a new generation of lean and intelligent software built for the most underserved segment of the market. Accounting firms and the millions of SMEs they support represent one of the largest untapped opportunities: critical processes, high frequency, low digitisation, and massive impact potential. Kabilio brings generative AI to the core of financial advisory work, not to replace accountants, but to make their work smarter, faster, and more valuable. With productivity increases of up to 50 percent already achieved across nearly one hundred firms, Kabilio is building the infrastructure for modern accounting in Europe.

Leapsome
Leapsome – People enablement platform –
Leapsome – People enablement platform –
Leapsome – People enablement platform –
Leapsome – People enablement platform –
Leapsome – People enablement platform –
Leapsome – People enablement platform –
Leapsome

Leapsome is a leading performance management and employee engagement SaaS. It helps managers keep a finger on the pulse and enables employees to grow.

Our Thesis

Achieving product-market fit around three years ago, Leapsome has since outpaced most of Europe's fastest-growing B2B companies despite being bootstrapped until the beginning of 2022. The founding team continuously impresses us with their excellent leadership and ambitious vision. Leapsome benefits from several megatrends that continue to fuel their growth: The mass adoption of remote work, the growing war for talent and the shift towards "purpose-driven" work. Companies struggle to attract, retain and motivate the best talent, and Leapsome will be their go-to solution.

Ledgy
Ledgy – Equity made simple –
Ledgy – Equity made simple –
Ledgy – Equity made simple –
Ledgy – Equity made simple –
Ledgy – Equity made simple –
Ledgy – Equity made simple –
Ledgy

Zurich-based Ledgy offers end-to-end equity management software for high-growth startups simplifying the management of vesting plans, phantom programs, numbered shares etc. helping teams to understand their ownership stakes.

Our Thesis

Our investment decision for Ledgy was mainly driven by a) the strong founding team, b) the team’s vision to set a new standard for managing the equity of companies in Europe transparently as a single source of truth, given the complexity of the different legal structures within various countries in Europe, and c) the strong adoption of Ledgy across the board among leading startups.

Lindus Health
Lindus Health – Revolutionizing clinical trials –
Lindus Health – Revolutionizing clinical trials –
Lindus Health – Revolutionizing clinical trials –
Lindus Health – Revolutionizing clinical trials –
Lindus Health – Revolutionizing clinical trials –
Lindus Health – Revolutionizing clinical trials –
Lindus Health

Founded in 2021 by Meri Beckwith, Michael Young, and Nik Haldimann, Lindus Health is revolutionizing clinical trials - their Citrus™ platform accelerates trials by up to 3x, reduces trial costs, and improves trial data quality through automation and real-time analytics.

Our Thesis

Traditional CROs are outdated, plagued by inefficiencies, delays, and high costs that hinder medical innovation. Lindus Health is addressing these systemic issues by delivering faster, more reliable trials that lower healthcare costs and accelerate drug delivery. We believe their tech-driven approach will set a new standard for clinical research, unlocking better treatments and greater access for patients worldwide.

Localyze
Localyze – Global mobility simplified –
Localyze – Global mobility simplified –
Localyze – Global mobility simplified –
Localyze – Global mobility simplified –
Localyze – Global mobility simplified –
Localyze – Global mobility simplified –
Localyze

Hamburg-based Localyze offers software designed to simplify and support the very tedious and administratively burdensome process of staff relocations and cross-border hiring.

Our Thesis

Co-founders Hanna, Lisa and Franzi are singularly focused on breaking geographic barriers to transform how companies hire and how employees work. With its AI-driven software, they are reinventing international hiring by removing all the hassle, paperwork, and burden around the process. Rarely have we seen such high levels of customer delight with a software product, which is evident in the company’s impressive growth, with revenues growing 6x year over year and its customer base tripling at the time of our investment. We believe Localyze has all the ingredients to become a category leader in the global mobility space.

Omnia
Omnia – AI visibility for brands –
Omnia – AI visibility for brands –
Omnia – AI visibility for brands –
Omnia – AI visibility for brands –
Omnia – AI visibility for brands –
Omnia – AI visibility for brands –
Omnia

Omnia is building an agentic platform that enables marketing and growth teams to influence how AI engines like ChatGPT, Perplexity, and Google AI Overviews answer customer questions.

Our Thesis

Search as we know it is undergoing a fundamental shift. From links and keywords to AI-generated answers. We believe this shift creates a massive new category at the intersection of AI search, marketing automation, and content intelligence. As AI assistants become the new discovery layer, brands need to understand and shape how they show up in those answers. Omnia’s agentic platform is the first to close the loop from insight to action, revealing what topics matter, where AI models source their information, and deploying agents that ensure brands are visible in those sources. Just as SEO defined the last era of online visibility, we believe AI visibility will define the next, and Omnia is uniquely positioned to lead this transformation.

Orbio
Orbio – AI-native HR platform –
Orbio – AI-native HR platform –
Orbio – AI-native HR platform –
Orbio – AI-native HR platform –
Orbio – AI-native HR platform –
Orbio – AI-native HR platform –
Orbio

Orbio is building the world’s first AI-native HR platform, using autonomous, conversational agents to manage the entire employee lifecycle — from recruitment and onboarding to development and retention.

Our Thesis

We believe HR is entering its most profound transformation yet. For decades, HR tech has been defined by fragmented point solutions and manual processes, turning HR into an administrative burden rather than a strategic function. The rise of AI-native systems changes this, enabling continuous, intelligent, and autonomous people operations. Orbio is pioneering this shift, reimagining HR not as a workflow to manage but as a system that runs itself, one that empowers HR leaders to focus on people, culture, and growth. The team’s early results already demonstrate the power of this vision: faster hiring cycles, lower turnover, and happier employees. With deep experience across HR tech and AI, Founding Team, Sergi, Nacho, and Antonio are uniquely positioned to define the next generation of enterprise software, where HR finally becomes a strategic growth driver, not a cost centre.

Pallery
Pallery – Buyer-centric SaaS sales –
Pallery – Buyer-centric SaaS sales –
Pallery – Buyer-centric SaaS sales –
Pallery – Buyer-centric SaaS sales –
Pallery – Buyer-centric SaaS sales –
Pallery – Buyer-centric SaaS sales –
Pallery

Pallery is transforming the SaaS sales landscape by offering a unified, customizable hub focused on a buyer-centric approach to customer acquisition and onboarding.

Our Thesis

In 1999, Salesforce's cloud CRM didn't just launch—it fundamentally shifted the software landscape, propelling the company to a valuation north of $200 billion. Today, we stand on the cusp of a transformative shift that we believe will eventually make the traditional bombardment of emails and calls by sales teams a relic of the past. The next wave of software is set to serve as an operational hub, providing a buyer-centric approach that enables scalable creation and dissemination of go-to-market strategies.

Pivot
Pivot – Procure-to-Pay reimagined –
Pivot – Procure-to-Pay reimagined –
Pivot – Procure-to-Pay reimagined –
Pivot – Procure-to-Pay reimagined –
Pivot – Procure-to-Pay reimagined –
Pivot – Procure-to-Pay reimagined –
Pivot

Paris-based Pivot is transforming the modern procurement stack by offering an ultimate and lean Procure-to-Pay solution to mid-market enterprises.

Our Thesis

THE STRATEGIC ROLE OF THE CFO IS MORE RELEVANT THAN EVER. ALL ORGANIZATIONS NEED NEW GENERATION TOOLING TO STAY ON TOP OF THEIR PROCUREMENT & SPEND. Procurement application stacks have adhered to the monolithic build of ERPs and data architecture that debuted decades ago. Their lack of composability has failed to offer spend data transparency and workflow interoperability across teams in Procurement, Finance, Compliance, Legal, and IT. The new generation procurement stack has to enable multi-tenant workflows powered by AI automation that also seamlessly integrates into any existing stack and provides real-time data and insights.

Pledge
Pledge – Carbon removal made simple –
Pledge – Carbon removal made simple –
Pledge – Carbon removal made simple –
Pledge – Carbon removal made simple –
Pledge – Carbon removal made simple –
Pledge – Carbon removal made simple –
Pledge

Pledge is building the go-to tool and marketplace for carbon removals. Their API-driven approach allows companies to automatically measure and offset their emissions with a basket of verified offsets and CO2 removal.

Our Thesis

The founders of Pledge previously built some of Europe's leading fintech startups. They are now applying their knowledge of complex data infrastructure to carbon markets and have made buying and selling carbon removal as simple as an API. Pledge is applying much-needed automation and data streamlining to our planet's most pressing problem.

Qonversion
Qonversion – Mobile subscriptions at scale –
Qonversion – Mobile subscriptions at scale –
Qonversion – Mobile subscriptions at scale –
Qonversion – Mobile subscriptions at scale –
Qonversion – Mobile subscriptions at scale –
Qonversion – Mobile subscriptions at scale –
Qonversion

Qonversion enables the streamlined management of subscription data infrastructure for mobile-first companies.

Our Thesis

The mobile revolution has been spreading at lightning speed, also creating a multi-billion subscription market. While the possibilities around seamless mobile user experience are endless, scaling products on the infrastructure side remains a fundamental challenge for developers. Qonversion’s cross-platform SDK provides mobile teams with an exoskeleton to manage in-app purchases and user lifecycle management, putting revenue optimisation in the spotlight.

Quantive
Quantive – OKRs that drive results –
Quantive – OKRs that drive results –
Quantive – OKRs that drive results –
Quantive – OKRs that drive results –
Quantive – OKRs that drive results –
Quantive – OKRs that drive results –
Quantive

Quantive is the leading provider of OKRs (Objectives and Key Results) software and helps companies stay laser-focused on goals while maintaining transparency and visibility across the organization.

Our Thesis

Understanding work objectives and aligning those with company priorities and mission has become more critical than ever in our hybrid world. When teams see how their work is directly impacting and furthering their companies' goals and mission, they are more engaged, happier and aligned with each other. Quantive, led by one of the most stellar management teams we have come across, is the dominant leader in the OKR software industry, delivering a sophisticated product which has become the mission control for many of its customers.

Rows
Rows – AI Analyst Platform –
Rows – AI Analyst Platform –
Rows – AI Analyst Platform –
Rows – AI Analyst Platform –
Rows – AI Analyst Platform –
Rows – AI Analyst Platform –
Rows

Rows.com is a modern AI-powered spreadsheet platform that connects live data, analyzes and visualizes it, and helps teams build reports and dashboards without code.

Secjur
Secjur – Compliance on autopilot –
Secjur – Compliance on autopilot –
Secjur – Compliance on autopilot –
Secjur – Compliance on autopilot –
Secjur – Compliance on autopilot –
Secjur – Compliance on autopilot –
Secjur

Secjur is a digital compliance SaaS that offers an innovative solution to automate the tedious and time-consuming process of compliance. The software reduces third-party consulting expenditure and streamlines internal workflows, allowing businesses to focus on growth and innovation.

Our Thesis

Secjur presents a comprehensive solution to the growing problem of compliance, helping businesses to save hundreds of hours and several hundred thousand euros. The company already automates large parts of the manual labor associated with data privacy and information security compliance. With continuous integration with third-party applications and adding more governance and compliance topics to their offering, Secjur is at the forefront of the compliance automation revolution. The team of founders has a strong understanding of the pain points of compliance and have first-hand experience in technology and law which makes them ideally suited to tackle this problem. The ever-growing burdens and risks associated with compliance make Secjur a SaaS that will be an important asset for any company.

Superlist
Superlist – To-dos reimagined –
Superlist – To-dos reimagined –
Superlist – To-dos reimagined –
Superlist – To-dos reimagined –
Superlist – To-dos reimagined –
Superlist – To-dos reimagined –
Superlist

Superlist is changing the way teams work together by fundamentally rethinking to-do lists.

Our Thesis

Work is getting increasingly decentralised. Yet, teams need to be more aligned than ever before. Managing tasks productively, transparently, and collaboratively will be essential to successfully navigate this new work environment. Having already reinvented this category once with Wunderlist, we could not imagine a better-suited founding team for this challenge.

Taxdoo
Taxdoo – VAT and accounting automated –
Taxdoo – VAT and accounting automated –
Taxdoo – VAT and accounting automated –
Taxdoo – VAT and accounting automated –
Taxdoo – VAT and accounting automated –
Taxdoo – VAT and accounting automated –
Taxdoo

Taxdoo is the ultimate end-to-end platform to automate VAT and financial accounting for SMEs, significantly reducing costs and eliminating compliance mistakes for their customers.

Our Thesis

There is an incredibly high level of inefficiency in how thousands of eCommerce SMEs manage tax, accounting, and other compliance processes, especially in Europe. The first wave of e-commerce tools, such as Shopify and Amazon, has enabled anyone to become an entrepreneur and sell online. The second wave of tools provided additional infrastructure features geared towards the frontend, such as payment solutions, analytics, and A/B testing. We believe Taxdoo is a pioneer in the third wave of tools that will help SMEs address the complexity and automate key processes by becoming the leading financial operating system for the digital economy.

TrueLayer
TrueLayer – Open banking for all –
TrueLayer – Open banking for all –
TrueLayer – Open banking for all –
TrueLayer – Open banking for all –
TrueLayer – Open banking for all –
TrueLayer – Open banking for all –
TrueLayer

TrueLayer is building Europe’s leading open banking platform that brings together payments, financial data, and identity to redefine how people spend, save, and transact online.

Our Thesis

Open banking is fundamentally revolutionizing today's financial landscape. By allowing banks to share their data with third-party providers securely through APIs, it has drastically increased transparency and allowed customers control over their finances in a way that was never before possible. Money can be moved at a fraction of the cost, securely, much faster, and much more conveniently, with a vastly improved consumer experience. We strongly believe open banking payments will become the default way to pay online and TrueLayer is leading the charge to make this happen with its open banking platform.

Turian
Turian – Custom enterprise apps, simplified –
Turian – Custom enterprise apps, simplified –
Turian – Custom enterprise apps, simplified –
Turian – Custom enterprise apps, simplified –
Turian – Custom enterprise apps, simplified –
Turian – Custom enterprise apps, simplified –
Turian

Berlin-based turian is creating a new paradigm for enterprise applications. It allows businesses to build fully customised software in a low-code environment that seamlessly integrates with existing data sources. The development and usage of applications happen in a highly collaborative workspace environment. This makes turian the first software to bring the user-friendly and collaborative nature of today’s leading SaaS players, such as Notion or Figma, to custom-built enterprise applications.

Our Thesis

The highly complementary founding team has proven their execution capabilities in building Lamoda. With turian, they formulated an extraordinary vision to revolutionise how business applications are created and used. This space is on a rapid growth trajectory, and turian will be its champion.

Two
Two – B2B Buy Now, Pay Later –
Two – B2B Buy Now, Pay Later –
Two – B2B Buy Now, Pay Later –
Two – B2B Buy Now, Pay Later –
Two – B2B Buy Now, Pay Later –
Two – B2B Buy Now, Pay Later –
Two

Two is a Buy Now, Pay Later solution for B2B eCommerce checkouts. It allows business customers to pay up to 90 days after purchase.

Our Thesis

While checkout and payment experience reached new heights in the consumer space, bcommerce merchants still couldn’t offer fast and attractive checkout platforms for their buyers. Two enables merchants to maximise trade sales & buyer conversion with a “buy now, pay later” checkout experience. Andres Mjelde and his team are seasoned entrepreneurs working on merchant transactions for years with a full-scope understanding of the market and stakeholder incentives.

Vay
Vay – Driverless mobility, now –
Vay – Driverless mobility, now –
Vay – Driverless mobility, now –
Vay – Driverless mobility, now –
Vay – Driverless mobility, now –
Vay – Driverless mobility, now –
Vay

Vay is the single most advanced driverless mobility platform powered by a remote-controlled driving stack for electric vehicles.

Our Thesis

Driverless cars have been on the mobility agenda for years, even though fully autonomous cars are still only a concept. Nevertheless, moving cars in cities is more and more of a burden due to the pure increase in the density of vehicles. The Team’s vision behind VAY puts new lenses around this challenge. Building a remote-controlled teledriving infrastructure, Vay bridges the technology gap between Level 4/5 fully autonomous driving and today and proposes viable solutions to a wide range of use cases around teleoperation in the near future.

Yokoy
Yokoy – Spend management simplified –
Yokoy – Spend management simplified –
Yokoy – Spend management simplified –
Yokoy – Spend management simplified –
Yokoy – Spend management simplified –
Yokoy – Spend management simplified –
Yokoy

Yokoy is a one-stop solution for all spend management services designed for mid-sized and enterprise companies.

Our Thesis

Expense management processes are still mostly manual, clunky, costly, error-prone, and extremely resource-intensive which creates an immense opportunity for software to revolutionize this segment within FinTech. In our extensive market work in the space, we felt Yokoy was clearly the only software-first company developing a comprehensive spend management solution for mid-market customers. We were impressed by their approach of deep integrations with existing IT stacks to create a single source of truth layer to become the financial operating system for SMEs. The strength of its product, combined with impressive year-on-year growth, an experienced management team, and very positive customer feedback makes us very bullish on Yokoy’s prospects to emerge as the market leader in enterprise spend management.

Ziggiz
Ziggiz – Next-gen cybersecurity infrastructure –
Ziggiz – Next-gen cybersecurity infrastructure –
Ziggiz – Next-gen cybersecurity infrastructure –
Ziggiz – Next-gen cybersecurity infrastructure –
Ziggiz – Next-gen cybersecurity infrastructure –
Ziggiz – Next-gen cybersecurity infrastructure –
Ziggiz

Ziggiz is architecting the next-generation layer of cybersecurity data infrastructure, enabling security teams to build and scale more composable security applications and analytical capabilities.

Our Thesis

The very fabric of security and data infrastructure is broken and we need to radically reinvent the architecture to make it fit-for-purpose. In recent years, global tensions have exacerbated a surge in cybercrime, which poses massive economic risks for companies across all sectors. This has revealed that current cybersecurity models are crumbling under their own weight, with existing data platforms relying on a fragile, decades-old architecture. Ziggiz is reinventing this architecture for today’s data and security infrastructure by creating a semantic layer that contextualizes data and significantly reduces processing and storage costs. Ziggiz semantic engine integrates seamlessly with existing infrastructures while bridging old and new architectures, and its agent-based interface makes insights accessible in real time. This architecture significantly reduces cybersecurity costs for enterprises while democratizing stacks in vital sectors, such as healthcare, which have been acutely feeling the pain while struggling to afford stronger cyber defenses.

Workflex
Workflex – Automate International Travel Compliance
Workflex – Automate International Travel Compliance
Workflex – Automate International Travel Compliance
Workflex – Automate International Travel Compliance
Workflex – Automate International Travel Compliance
Workflex – Automate International Travel Compliance
Workflex

WorkFlex automates international travel and remote work compliance for companies, handling visas, A1/PWD certificates, taxes and duty-of-care.

Pave Space
Pave Space – Orbital Logistics
Pave Space – Orbital Logistics
Pave Space – Orbital Logistics
Pave Space – Orbital Logistics
Pave Space – Orbital Logistics
Pave Space – Orbital Logistics
Pave Space

PAVE Space is building the space logistics infrastructure to move satellites between orbits quickly and reliably. Founded in Lausanne in 2024, the company develops orbital transfer vehicles that transport satellites from low Earth orbit to higher energy orbits such as geostationary, medium Earth orbit and lunar trajectories in less than twenty four hours. Its flagship system attaches to satellites after launch and delivers them to their final orbit, replacing traditional orbit raising processes that can take six to twelve months. This enables operators to activate services faster, reduce risk and improve overall mission economics.

Our Thesis

As launch becomes commoditised, orbital mobility is emerging as a critical bottleneck in the space economy. PAVE is addressing this by building the logistics layer that allows satellites to move, reposition and operate efficiently in orbit. The company enables faster time to revenue, new mission capabilities and better utilisation of existing infrastructure. Early commercial traction and a highly experienced founding team with deep expertise in rocket engineering further reinforce this opportunity.

Johann Butting
Partner

After nearly three decades in operating roles across the global technology industry, Johann now focuses on working with earlier-stage companies. He is a Partner at Visionaries, where he supports portfolio companies on go-to-market topics.
Previously, Johann held senior leadership GTM roles at Slack, Dropbox and Google. Earlier in his career, he founded, built and sold two SaaS companies in the US.
An engineer by training, Johann is passionate about building — whether that’s technology, teams or companies.

Judith Dada
General Partner

Judith is a General Partner at Visionaries. Previously, she was General Partner at La Famiglia, a European seed stage venture capital fund investing into B2B technology companies that enable or disrupt large industries. In 2024, La Famiglia merged with US-based VC firm General Catalyst, where she worked as Partner. Judith focuses on enterprise and AI-driven business models. Her portfolio includes companies like Personio, Parloa, Orbem, Buynomics and Ethon. She started her career at Facebook, managing Amazon Europe’s product and marketing strategy and Facebook’s VC Initiative.

Daniel Fuchs
Legal Council

Daniel is the legal counsel at Visionaries. His work revolves around all legal aspects of Visionaries, in particular regarding investment deals.
Prior to joining Visionaries, Daniel was part of the Berlin and New York City teams of Noerr, a leading German law firm, for more than 4 years and advised startup founders and investors on venture capital and private equity transactions. He studied law at LMU Munich.

Roland Geeraedts
CFO & MD

Roland is the Chief Financial Officer at Visionaries. He and his team are responsible for all fund-specific topics such as finance, reporting, fund operations, tax, legal, and HR, as well guiding portfolio founders on financial matters. Prior to joining Visionaries, Roland was one of the first five employees of Moonfare, a fintech startup, where he was in charge of finance and operations. Roland helped scale the company to >250 employees, more than €2bn in Assets, a fully international structure including US operations, and raised over €150m in Seed to Series C funding rounds from tier 1 venture funds. Roland has a background in Transaction Advisory, mainly in the Technology / Private Equity space, having worked with EY for 9+ years in Germany and San Francisco (> 60 M&A transactions). He studied business administration at the University of Münster and University of Auckland, New Zealand.

Justus Hagebölling
VP Finance & Operations

Justus is VP Finance & Operations at Visionaries and leads various topics in the funds’ finance, legal, operations and tax functions. Before joining Visionaries, he worked as an Investment Manager at a Fintech startup in Berlin, and brings his finance expertise from several years as an Associate Director working in Asset Backed Finance at NORD/LB in New York. He holds an MBA from WHU with a specialization in Financial Management, including international modules at Kellogg School of Management and IIM Bangalore, and a Bachelor of Laws. Justus enjoys spending time traveling and is always in for a good basketball match.

Laura Hofmeister
Head of Events, Team Op.

Laura is Head of Events & Team Operations at Visionaries, overseeing all internal and external event operations as well as team operations, including feedback and development processes. In addition, she ensures a seamless flow of activities for Visionaries General Partners, Robert, Sebastian and Judith, managing their schedules across deals, board meetings, and other commitments. Laura holds a bachelor's degree in Business Administration with a focus on Marketing & Media. Prior to joining Visionaries, she worked with Boston Consulting Group and Lufthansa in Munich.

Robert Jäckle
Partner

Robert is Partner at Visionaries. Joining the fund on day one, he has since co-led several Seed and Growth investments focussing on various verticals, including Fintech, Compliance, HR, Sustainability and Automation. Before joining Visionaries, he worked as an operator for HeyCar, helping to bring E-Commerce to used cars and in private equity at 3i. Robert studied Politics, Philosophy and Economics at the University of Oxford, where he was part of the University’s Tennis and Ski racing teams.

Venkat Kondragunta
Partner

VK is a Partner at Visionaries, and spends most of his time focussing on later-stage B2B investing at Visionaries. Prior to joining Visionaries in 2023, he was working in the early-stage ecosystem in Europe with stints as a founder, operator, and investor. VK studied Economics & Management at the University of Oxford. Outside of work VK plays the drums, can be found chasing down restaurant recommendations in London, and is also a long-suffering supporter of the Green Bay Packers.

Antonia Köhler
EA & Office Op. Lead

Antonia is Executive Assistant & Office Operations Lead at Visionaries, where she plays a pivotal role in ensuring seamless operations. She manages the schedules of our Visionaries Partners and oversees the Visionaries Loft in Berlin Mitte, Antonia also contributes significantly to the organisation of the on-site events and collaborates with Laura on various operational tasks. In her role, she handles a diverse range of responsibilities to support the team's day-to-day activities effectively. Before joining Visionaries, Antonia gained valuable experience as an Assistant and Office Manager at Oceans Apart and Hashtag You.

Robert Lacher
General Partner

Robert is General Partner at Visionaries and an entrepreneur at heart. Before Visionaries he has been the Founding Partner of La Famiglia having been the driver behind the fund’s history and early vision. Robert continues to manage La Famiglia’s first independent fund with more than 30 portfolio companies such as deel, Personio and Forto. Robert is also a Founder of the fashion platform AMAZE, which he sold to Zalando in 2016. Prior to that, he worked for Boston Consulting Group and studied engineering and business at RWTH Aachen, University of Cambridge, Imperial College London, and Harvard University.

Betty Lu
VP Platform & Growth

Betty is VP Platform & Growth at Visionaries, where she drives portfolio support, platform strategy and company building efforts. Prior to joining Visionaries, Betty was a senior manager at Bain and Company in London and Toronto where she focused on strategy, organisational design and performance improvement. She has also led teams in commercial due diligence focused on the B2B Fintech space. Betty holds a MBA from the Kellogg School of Management, and studied at Queen's University and the University of Ljubljana. In her free time Betty loves to travel and is always looking for a new skiing, hiking or scuba diving destination.

Sahar Meghani
Partner

Sahar is a Partner at Visionaries. Based in London, Sahar leads our early growth fund and has made investments in Fintech, HR, Insurance, Health and Saas. Before joining Visionaries, Sahar held leading roles in Product, Business and Corporate Development roles at LinkedIn and Wonga. Prior to that she worked in Investment Banking at Greenhill & Co and in private equity at Insight Equity. Sahar is an avid cricket fan, has lived in 5 countries including Pakistan, UAE, Oman, US and the UK and currently resides in London with her husband and two daughters. Sahar studied Economics and Political Science at Wellesley College and has an MBA from Harvard Business School.

Luissa Schemuth
Analyst

Luissa spends her time on our early stage fund. Prior to Visionaries, she was with Tacto, a Visionaries Portfolio company, and worked closely with the founders on Business Development and Growth. Luissa was born and raised in Germany, holds a masters in Economics & Management of Innovation from Bocconi University and a bachelors in Psychology & Neuroscience from Maastricht University.

Linh Seidel
Head of Platform

Linh is Head of Platform Operations at Visionaries, where she works at the intersection of the investment and operations teams connecting the dots between our portfolio companies and LP net-work. Before joining Visionaries, Linh worked in the Finance, Data & Business Intelligence Team at OceansApart, supporting scaling performance analyses and internal processes during the company's rapid growth phase. Linh is an active team member of the 2hearts community team bringing together individuals with immigration backgrounds from Europe's tech industry. She holds a Master's degree from Grenoble Ecole de Management graduating as valedictorian.

Marton Sarkadi Nagy
Partner

Marton is Partner at Visionaries. From day one at the fund, he has co-led various Seed and Growth investments in B2B SaaS. Before joining Visionaries, he drove Growth at TIER Mobility from Seed through Series B as one of its first employees. Earlier, he worked at Morgan Stanley, developing pricing algorithms for exotic securities. He holds his Master's in Mathematical Finance from the Massachusetts Institute of Technology (MIT). Marton is Hungarian, likes surfing and ultramarathon running and plays the saxophone.

Katy Sexton Darby
VP Communications

Katy is Vice President of Communications at Visionaries, where she leads branding, marketing and PR across the fund and portfolio companies. Previously, she was Global Head of Comms & Marketing at Verlinvest, where she built the function from scratch and supported portfolio companies including Oatly, Tony’s Chocolonely and Vita Coco. Katy began her career at Milltown Partners, where she was one of the first 10 employees and helped build the firm’s US presence, including launching its San Francisco office. She advised high-growth tech companies, founders and investors on communications, reputation and public affairs.

Sandra Tur Mayor
Analyst

Sandra is an Analyst in the Finance & Operations team at Visionaries. She provides support in a broad range of fund-related topics, including finance, reporting, and investor relations. Prior to joining Visionaries, Sandra graduated from the Master's in Management at ESMT Berlin. As part of the program, she completed an exchange semester at Imperial College London, where she did a Finance focus, and a pro-bono consulting impact project at SA Harvest, a non-profit organisation which aims to end hunger in South Africa. She also did an internship at the Executive Office of Metro AG, whre she supported cross-functional initiatives across different departments including Investor Relations, Procurement and Data & Analytics. She graduated Summa Cum Laude from a Dual Degree in International Business at University of Valencia and University of North Florida.

Isabella Yamamoto
Venture Investor

Bella joined Visionaries in 2023 and focuses on early stage B2B investing. Prior to Visionaries, Bella worked at Remitly, a fintech unicorn, and was responsible for launching their business in new markets. She ran the DACH and APAC region and led their expansion into China. Whilst doing her MBA she worked at Accel where she focused on fintech and Open Source companies. Bella was born and raised in Tokyo. She holds an MBA from Harvard Business School and a bachelors from Cambridge University.

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