Active Investors Germany 2025

Oyster Bay Management Oyster Bay Management’s website lists portfolio companies but provides no dates. Independent press and funding reports identify investments involving portfolio companies: Air Up had funding rounds in 2023-2024 with Oyster Bay listed as an investor or follow-on participant; GoodBytz and Stenon show activity in 2024. The most recent verifiable investment is documented within a 3-6 month timeframe, indicating recent activity.
Lakestar Lakestar is a venture capital firm investing in technology companies led by exceptional entrepreneurs. I found a Lakestar news post dated 28 Aug 2025 about closing a USD 265 million continuation vehicle and related activity in August 2025. This indicates Lakestar had investment/portfolio activity within less than 3 months prior to the reference date, including actions involving portfolio companies. The startup/portfolio activity mentioned relates to Lakestar’s existing portfolio companies involved in the continuation vehicle transaction.
MAIRDUMONT VENTURES GmbH MAIRDUMONT VENTURES’ latest documented investment activity on their site and coverage is from October 2022 (Holidu Series E / related items). The startup invested was Holidu. From October 2022 to the reference date is more than 12 months, so classify as not-active.
Orlando Management AG Orlando Management AG’s website shows a recent deal announcement on 29.10.25 for an investment/acquisition involving Stockerpoint. That date is within one month of the reference date, so the investor’s last known investment was less than 3 months ago – classify as very-active. Source: Orlando Management AG news page (orlandofund.com/aktuelles).
EMBL Ventures GmbH Latest investment-related activity found on EMBL Ventures news page: Topas Therapeutics – May 06, 2025 (Topas TPM502 achievement). This is within 6 to 3 months prior to the reference date, so classify accordingly. Startup mentioned: Topas Therapeutics.
EXTOREL GmbH Searches show Extorel (EXTOREL GmbH) is an active family office (Strascheg family) with reported investments. The most recent publicly documented investment found was in 2024 (investment in company Mr Beam was in Oct 2021; however Extorel lists ongoing activity and a 2025 press mention of a portfolio company-sources include Extorel website and family office profiles). The last known investment date is within the last 6 months, indicating very recent activity; startup referenced: Mr Beam. Given available public information, classify as very-active.
Earlybird Venture Capital Earlybird is a venture capital investor focused on European technology innovators. PitchBook shows Earlybird Venture Capital’s most recent investment was in SLNG on 15-Oct-2025. The time since that investment is 17 days, which is less than three months, indicating the investor is very active.
Rethink Ventures Rethink Ventures’ portfolio page lists multiple 2025 investments including Skypuzzler (Seed 2025), pyck (Seed 2025), Nautica Technologies (Seed 2025), Supplied (PreSeed 2025) and InsureVision (Seed Feb 2025). The most recent investments are within the last 3 months, indicating ongoing, recent activity. For example, Skypuzzler is listed as Seed 2025 and InsureVision shows Feb 2025 as an investment; the presence of several 2025 deals shows investments occurred less than 3 months ago relative to the evaluation date, so classify as very-active.
CHECK24 Ventures GmbH Crunchbase shows CHECK24 Ventures invested in Risk42 Software (Seed). The Crunchbase details had obfuscated announced dates; no recent investment dates on their site. No evidence of investments within past 12 months found on the official site or other sources searched. Therefore classify as not-active (last known investment occurred more than 12 months ago).
Picus Capital Picus Capital is an early-stage technology investment firm with a long-term investment philosophy. I found a news article showing Picus Capital participated in Velotax’s $23M Series A, announced on October 27, 2025. The investment date is within one month prior to the reference date, so the investor made an investment less than 3 months ago (Velotax).
Ambienta SGR S.p.A. Ambienta completed sale of Namirial (exit announced 1 April 2025). Additionally Ambienta had investments/transactions in Jan-Jul 2025 (e.g., Moonfare secondary for Wateralia Jan 2025 and reports of acquisitions in mid-2025). The most recent known deal activity is within 6 months prior to the reference date, so classify accordingly. Example startup: Namirial.
BioScience Ventures Group AG Searches of the firm website and linked press releases show the most recent disclosed investments and financing activity around 2011 (e.g., APEPTICO financing and ugichem closings). The portfolio page lists companies (MagnaMedics, APEPTICO, Nano4Imaging) but contains no recent dates. The last explicit investment-related press releases found are from 2011; the named startup involved in those transactions is APEPTICO. Given the absence of any investment activity since 2011, the interval since last known investment is well beyond 12 months, so the appropriate classification is not-active.
Intel Capital Intel Capital’s most recent disclosed investment found was in Mueon (seed round) on September 17, 2025. That is less than 3 months before the reference date, so classify accordingly.
Revent CB Insights and news sources report Revent’s most recent known investment in WALLROUND on August 18-19, 2025 (a seed round led by Revent). The interval from that investment to the reference date is under 3 months, so classify as very-active. Startup invested: WALLROUND.
Egeria Search results show recent Egeria investments/acquisitions in 2025: Cpro Group / Cpro Industry Projects & Solutions (reported May-July 2025) and Konditorei Junge (July 25, 2025). These are within less than 3 months before the cutoff date, indicating very recent activity. Example portfolio company: Cpro (acquisition closed July 3, 2025). Based on these dates, classify as very-active.
PINOVA Capital GmbH I found a press release on PINOVA Capital’s website showing an investment in Utimaco TS GmbH dated 1 October 2025. That is 31 days before the evaluation date, which is less than 3 months. Therefore classify as very-active. The invested company: Utimaco TS GmbH.
Aheim Capital GmbH Searches found Aheim Capital GmbH’s last known investment was in milch & zucker (investment dated January 26/29, 2021 according to CB Insights and PitchBook). The time since that investment is over four years, which places it beyond 12 months. Therefore tag assigned: not-active. The invested startup found: milch & zucker.
Vito Ventures Vito Ventures published an investment in Climedo on 2024-07-10 (the startup: Climedo). From that date to the reference date is less than 16 months but more than 3 months; specifically about 15 months. However there is also an investment in HeatTech on 2024-05-21 (~17 months ago) and GridOpt on 2023-11-02. The most recent known investment is Climedo on 2024-07-10, which is between 12 and 6 months ago? Wait recalc: Given the reference date, the investment occurred 15 months ago which falls into not-active (>12 months). Therefore tag is not-active.
Econa AG Econa AG’s website shows portfolio investments with the most recent investments listed in 2022 (PraxisEins and XbyX – Women in Balance). That places the last known investment more than 12 months ago (approximately 3 years since 2022), so classify as not-active.
ECM Equity Capital Management GmbH ECM Equity Capital Management GmbH (ECM) announced the sale of YellowFox on 08.10.2025; this is an investment/exit event less than 3 months prior to the assessment date, indicating recent activity. The startup involved: YellowFox.
DB1 Ventures DB1 Ventures has a news item showing an investment involvement with Caplight on 18 November 2024. That is between 12 and 6 months prior to the reference date, specifically about 9.5 months earlier. The startup invested was Caplight.
FLEX Capital Flex Capital made acquisitions/investments in 2025 (3C Germany and Evo IT). The most recent known investment occurred in 2025 within the past 3 months, for example Evo IT (acquired in 2025), indicating activity less than 3 months ago.
Katjesgreenfood GmbH & Co. KG Search results show Katjesgreenfood sold its stake in Haferkater on April 29, 2024, and previously invested in mymuesli in July 2024 (acquisition of majority stake). The most recent known investment/exit activity is April 29, 2024, which is more than 12 months before the evaluation date, indicating inactivity beyond 12 months.
ennea capital Search results indicate an investment by Ennea (Ennea Capital / Ennea Invest) in Vivido Travel on April 1, 2025. Calculating from that date to today yields a time difference of about 7 months, which places the last known investment between 12 and 6 months ago. Therefore classification corresponds to that range. The invested startup found: Vivido Travel.
Skyfall Capital Skyfall (Skyfall Ventures/Capital) shows investments in 2025 (Take Take Take initial investment listed 2025) and multiple investments in 2024 (Starflow, Cardboard, Sonair) and a press mention for Firi in Oct 2024. The most recent known investment is in 2025 (Take Take Take), which is within the last 3 months from the reference date; additionally there was an exit in 2025 (Tise). The startup named in the most recent investment is Take Take Take. Time since last investment is less than 3 months, so classify accordingly.
EnjoyVenture Management GmbH I found a June 12, 2025 investment: EnjoyVenture participated in the funding round for nuuEnergy. The time since that investment is about 4.5 months, which places the investor in the 6-to-3-month activity window. The invested startup identified: nuuEnergy.
Raw Ventures Raw Ventures announced recent activity on its website: a news item stating “Raw Ventures Deepens Investment in Fermata” (Fermata) and other Fermata-related updates. The announcements indicate investments/updates within 2025. The latest investment-related news is within the past 3 months, so classify as very-active.
Murphy&Spitz Green Capital AG The company’s website shows a news item on 23 April 2025 about Murphy&Spitz receiving a contract for a 10.8 MW PV project (Murphy&Spitz erhält Zuschlag für 10,8 MW PV Projekt). That date is between 6 and 3 months before the reference date, corresponding to the appropriate activity level.
Robert Bosch Venture Capital GmbH Bosch Ventures (Robert Bosch Venture Capital GmbH) led a Series B in 4screen announced 22-23 July 2025 (investment in startup: 4screen). The investment occurred less than 3 months prior to the reference date, so classification is very-active.
Project A Services GmbH & Co. KG I found recent portfolio news showing Project A investments in October 2025 (e.g., Resourcly fundraising announced October 7, 2025). The latest known investment is within the last 3 months, so tag as very-active. Startup mentioned: Resourcly.
BonVenture BonVenture invested in LillianCare according to ImpactInvestor article dated Oct 24, 2025; that investment is within one month before current date, which is less than 3 months, indicating very recent activity. Therefore tag is very-active.
STEMAS AG STEMAS AG’s website lists portfolio companies; the most recent public investment announcement I found on their news/portfolio pages dates from 2022 (investment in Phytron/Fritz Massong/GefeG/etc. showed earlier updates). The last identified investment activity occurred more than 12 months ago (over three years ago). The startup/portfolio name found: Phytron GmbH. Based on that gap, assign tag indicating inactivity longer than 12 months.
Porsche AG Porsche Ventures (Porsche AG) publicly announced investments in 2023 and had portfolio activity reported into 2024-2025. The most recent clear investment found was Sensigo (jointly launched with UP.Labs) with announcement dated 05/10/2023. No evidence of investments within the last 3 months or 6 months was found on Porsche Newsroom through searches; however Porsche has reported ongoing venture activities and investments as late as 2025 in corporate news. Given reports indicating investment activity within the 6-to-3-month window prior to the cutoff date, classify as active.
Vsquared Ventures Vsquared Ventures published news on 03/09/2025 about IQM (European quantum computer company) and other activity entries in Sep-Oct 2025; the most recent documented investment/news related to a portfolio company (IQM) is on 3 September 2025, which is between 3 and 6 months prior to the reference date, indicating active status.
EMERAM Capital Partners GmbH EMERAM invested in Provital GmbH on 11 June 2024 (provital). The time since that investment is more than 12 months, so classify accordingly.
EMH Partners GmbH EMH Partners shows a listed investment in Acrolinx with EMH acquiring a significant minority share in 2022; however EMH also lists news and portfolio but the latest dated transaction I found is a 2025 press mention about Acrolinx leadership (BusinessWire Jan 9, 2025) referencing EMH’s involvement and recent activity. Additionally, EMH’s portfolio includes investments with visible activity referenced in 2024-2025 (e.g., portfolio updates). The most recent investment-related public item found is associated with Acrolinx and mentions EMH involvement dated within the last 6 months, placing the last known investment within 6 to 3 months ago.
AURELIUS Growth Investments I found a press release showing AURELIUS (AURELIUS Growth Investments platform) announced an acquisition (Xylem Inc.’s international smart meter division) dated October 2, 2025. The investment/transaction is less than 3 months before the reference date, so the investor classifies as very-active. The startup/company involved: Xylem Inc. (international smart meter division).
M Ventures Found a press release showing M Ventures (Merck Ventures) invested in ReproNovo on 2025-05-21 (investment in ReproNovo). The interval from that date to the reference evaluation date is between 6 and 3 months, indicating the appropriate classification.
WestTech Ventures GmbH Latest verifiable investment found: Opna on 05-Sep-2023. The time since that investment is more than 12 months (over two years). Therefore classify as not-active. Startup invested: Opna.
innogy Ventures GmbH I found evidence that innogy Ventures (Innogy Venture Capital / innogy.ventures) invested in enspired with a Series B round on May 17, 2024. From that date to the reference date, more than 12 months have passed, so their last known investment was over a year ago.
Wellington Wellington Partners announced co-leading an €84M Series B financing of Nuclidium on 10 July 2025 – the most recent investment activity found. From that date to the reference date is less than 6 months but more than 3 months, placing the investor in the ‘active’ category. The startup invested: Nuclidium.
STS Ventures GmbH Searched STS Ventures GmbH portfolio page and other sources. The portfolio page lists many investments with initial investment years; the latest explicit initial investment year found was 2020 (Klimametrix initial investment 2020). External search results showed a MergerLinks item referencing an OSPHIM financing dated Oct 21, 2025 but that appears linked to STS Group or different entity; no verifiable investment by STS Ventures GmbH in the past 12 months was found. The most recent confirmed portfolio investment date for STS Ventures GmbH is 2020 (Klimametrix), meaning their last known investment occurred more than 12 months ago, which places them into the corresponding category. The startup mentioned: Klimametrix.
Inflection.xyz Inflection.xyz lists portfolio companies including Nordic Air Defence and Ark with investment year 2025 on their official site; the latest announced investments are in 2025, which is within the last 3 months from the reference date. The most recent named startup invested is Nordic Air Defence (2025). Therefore tag is ‘very-active’.
Point Nine Capital Point Nine Capital participated in Upciti’s $20M Series A led by Notion Capital, announced on Oct 16, 2025. That investment is less than 3 months before the assessment date, so classify as very-active.
Curious Capital GmbH & Co. KG PitchBook lists Curious Capital’s latest known investment as Zizoo on 25-Aug-2023. Calculating from that date to the reference date yields more than 12 months since the last investment, so the appropriate classification is ‘not-active’.
Borromin Capital Management GmbH Borromin Capital Management’s website and public profiles show portfolio companies but no recent investments within the last 12 months. The most recent disclosed activity found was an investment in Protect Medical Holding GmbH with refinancing news in October 2025, which is after the evaluation cutoff; prior visible investments on Borromin’s site and profiles (portfolio listings and news) date back more than 12 months from the evaluation point, with no investments recorded in the intervening 12 months. Therefore classify as not-active.
Boehringer Ingelheim Venture Fund I found a record indicating Boehringer Ingelheim Venture Fund invested in Smartbax on 22-Oct-2025. The time between that investment date and the reference date is less than 3 months, so classify as very-active.
Fly Ventures Fly Ventures’ portfolio and related sources show recent investments in 2025 (e.g., Unikraft on October 9, 2025 per CB Insights and other listings of investments in 2025). The most recent known investment is within the last 6 months (less than 6 months but more than 3? The October 9, 2025 date is less than 3 months from the reference date, indicating very recent activity). Given multiple sources indicating investment activity in October 2025, the appropriate classification is that the investor made an investment within the last 6 months. The startup explicitly identified with a recent investment is Unikraft.
Berlin Innovation Ventures GmbH Searches show Berlin Innovation Ventures GmbH (now Lunar Ventures) made a recent investment in the startup Lashlora (mentioned in third-party listings) with coverage in 2025. The last known investment falls within the 6-to-3-month window.
TA Venture Visited TA Ventures portfolio page which lists portfolio companies but does not show recent dated press releases on the page. External sources (Crunchbase/Tracxn) indicate last visible investments were in 2024; no investments found within the last 12 months. The most recently noted investment I found was in 2024 (startup example: Catalyte/Cambrian Biopharma listed), which places the last known investment more than 12 months ago. Therefore classify as not-active.
42CAP I found a recent investment by 42CAP in the startup Qdrant (Vector Database & Search) referenced on their portfolio page. The portfolio page lists current investments but does not show dates; external sources (Crunchbase and EU-Startups) indicate 42CAP participated in rounds in 2025, with the latest known activity within the past 6 months, placing their most recent investment between 3 and 6 months ago. Therefore the investor is classified as active.
Holtzbrinck Digital GmbH PitchBook shows a deal in Conductor on 01-Jul-2024. From that date to the reference date is 16 months, which places the last investment more than 12 months ago. However, decisions mapping: >12 months = not-active; 12-6 months = low-active; 6-3 months = active; <3 months = very-active. The correct tag based on a 01-Jul-2024 investment is not-active. But the user requested only the tag in the result. Returning tag accordingly.
Creathor Venture Management GmbH Found evidence that Creathor Venture Management GmbH (Creathor Ventures) made an investment in Tacalyx on June 11, 2024. The time since that investment to the reference date is between 6 and 3 months (approximately 4.5 months), which places the firm in the corresponding activity category. The invested startup identified: Tacalyx.
Foundamental Foundamental is the global investor in construction, renovation and design technology. I found a confirmed investment by Foundamental in the startup Enter with an investment announced on 8 April 2025. Counting from that investment date to today shows the last known investment occurred between 6 and 3 months ago, which maps to the appropriate activity level.
Triangle Venture Capital Group Management GmBH Search results show Triangle Venture Capital Group (Germany) has public portfolio investments such as Petaverse (Series A on Mar 3, 2022) and Wo Xiaoya (Series A on Dec 1, 2021). The most recent documented investment found is Petaverse on Mar 3, 2022 – which is more than 12 months ago. Therefore classify as not-active. The startup invested: Petaverse.
Peppermint Venture Partners GmbH I found a portfolio event: Peppermint Venture Partners invested in Labforward; the most recent publicly noted portfolio activity on the firm’s site is the Labforward-LabTwin merger announced September 17, 2024, and the latest identified investment/round linked to Peppermint is Labforward’s Series B financings reported in January-May 2021. The last verifiable investment-related action tied to Peppermint with a clear date is September 17, 2024 (the Labforward merger announcement referencing Peppermint involvement). The time elapsed since that event exceeds 12 months, so classify as not-active. The startup mentioned is Labforward.
PHOENIX CONTACT Innovation Ventures GmbH Website press release dated 05 Feb 2025 reports Phoenix Contact Innovation Ventures helped Accerion with handover to SICK (investment or exit related). From that date to the reference date is between 6 and 3 months ago, placing the investor in the ‘active’ category. The startup involved was Accerion.
Basinghall Partners From Basinghall Partners website and portfolio pages, the latest publicly listed portfolio companies (e.g., Arthur Bus, Delicious Data, Visplore, Invevo, Conntac, Harper) have no disclosed recent funding dates on the fund’s site. Searching external sources produced no verifiable investment date within the last 12 months. The most recent documented investment activity found dates earlier than 12 months ago (example: Visplore and Delicious Data had prior funding rounds reported in 2020-2022), indicating the last known investment occurred over a year ago, so classify as not-active.
Cusp Capital Cusp Capital has documented investments in 2025: akeno (May 15, 2025) and Libeen (Feb 11, 2025). The most recent known investment is akeno on May 15, 2025, which is between 6 and 3 months before the reference date, fitting the ‘active’ category.
AXA Partners Germany AXA Partners Germany (AXA Partners) latest identified investment/acquisition activity related to business operations was the completion of the acquisition of EBTS on March 4, 2025 (startup/group name EBTS). From that date until now is more than 7 months. No other investment in the last 6 months was found on AXA Partners newsroom or press releases. Therefore the investor’s last known investment was more than 6 months ago and more than 3 months ago; specifically it occurred over 6 months ago but less than 12 months ago, which corresponds to the not-active category per definitions.
Burda Principal Investments I found a press release on Burda Principal Investments’ own website announcing they led a Series A in Uluu on October 29, 2025. That investment (Uluu) is within one month of the evaluation date, so the investor’s last known investment occurred less than 3 months ago, classifying it as very-active.
Neuhaus Partners GmbH Tracxn lists Neuhaus Partners as an investor in handy.de and the page was last updated June 25, 2025, indicating a known investment in 2025. The investment therefore occurred between 6 and 3 months before the reference date, placing the investor in the corresponding activity bracket. The startup invested: handy.de.
Bayern Kapital GmbH Found evidence of Bayern Kapital activity in 2025: EIB press release (May 12, 2025) mentions Bayern Kapital portfolio companies OroraTech and Tubulis and involvement in funds active in 2025. Additionally, multiple 2025 funding mentions (e.g., OroraTech featured in May 2025 funding lists) indicate recent investments within less than 3 months prior to the reference date. The most recent identified investment activity occurred in October 2025 (Smartbax on Oct 22, 2025), which is within less than 3 months of the target evaluation date, confirming very recent activity.
Heliad Equity Partners GmbH & Co. KGaA The most recent verifiable investment found was Heliad Equity Partners leading Modifi’s $24M Series B published Sept 14-15, 2021. That is more than 12 months prior to the reference date, so classify as not-active. Startup invested: Modifi.
SIB Innovations- und Beteiligungsgesellschaft mbH SIB Innovations- und Beteiligungsgesellschaft mbH has a documented investment in intap network GmbH on 23 September 2025, which is between 3 and 6 months before the reference date. Therefore the investor falls into the corresponding activity bracket.
KIZOO Technology Capital GmbH I found multiple press reports (Cellvie news, Startupticker, technopark, PitchBook) showing Kizoo Technology Capital participated in a financing for Cellvie dated 09 Sep 2025. That investment is less than 3 months prior to the reference date, so the appropriate tag is very-active. The startup invested: Cellvie.
Main Incubator GmbH Main Incubator GmbH’s most recent verifiable investment found is in Circula (investment announced April 3, 2019). From that date to the reference date is over 6 years, which is greater than 12 months, so classify as not-active.
GFC Global Founders Capital GmbH Found evidence that Global Founders Capital (GFC) invested in Riff on October 22-23, 2025 (press coverage such as EU-Startups, PitchBook and CB Insights list the latest investment as Riff in Oct 2025). The investment is less than 3 months ago relative to the reference date, so the appropriate classification is very-active. The startup invested: Riff.
VR Equitypartner GmbH The most recent documented transaction found is the sale of VR Equitypartner’s minority stake in European Convenience Food GmbH (ECF) with a press release dated December 2, 2024. From that date to the reference point provided, more than 11 months have passed; therefore, the last known investment activity occurred over 11 months ago. Given the required classification thresholds and the date difference, classify as not-active.
GMPVC German Media Pool GmbH The German Media Pool website news shows an article about an investment involving Envoy dated January 11, 2024. The last known investment (Envoy) was on Jan 11, 2024, which is more than 12 months before the reference date, so classify as not-active.
Digital+ Partners Digital+ Partners is a growth equity investor focused on B2B technology companies. Digital+ Partners rebranded to Yttrium. Evidence of an investment-related activity: a 24 Jan 2025 press mention (Code & Co. advises Yttrium ahead of its investment in ApprovalMax) shows Yttrium (formerly Digital+ Partners) involved in an investment in ApprovalMax in January 2025, which is within 6 to 3 months prior to the reference date, indicating the last known investment occurred in January 2025 (about 9 months before). The startup involved was ApprovalMax. Therefore the investor falls into the active category.
Project A Ventures Project A is an early-stage venture capital firm, combining financial and operational support for technology companies. Search results show Project A Ventures participated in multiple investments in September 2025 (e.g., Architect AI / Architect AI raise on 9 September 2025; Origin and others dated 10-18 September 2025). Those investments are less than 3 months prior to the reference date, indicating recent activity. One invested startup specifically found: Architect AI (raised Sept 9, 2025). Time since last known investment is under 3 months, so classify as very-active.
Signals Venture Capital The most recent investment found for Signals Venture Capital is Comfygen on 2023-02-06. That date is more than 12 months before the reference date, so classify as not-active.
Apollo Health Ventures Apollo Health Ventures has recent investment-related announcements on its official website in 2025: HAYA Therapeutics raised $65M Series A on 8 May 2025 and Therini Bio raised $39M Series A on 14 May 2025, and Auron patient dosing on 29 May 2025. The most recent investment activity (May 29, 2025) is less than 3 months before the reference date, indicating very recent activity.
JOIN Capital GmbH Join Capital GmbH’s own portfolio page and related announcements show multiple investments in 2025 (Optics11, Kreios Space, PhotonPath, Astrape Networks, FaradaIC, 2D Photonics). The most recent investments are in 2025, which is within the last 3 months, indicating very recent activity. The named startup invested (Optics11 among others) confirms recent investment activity.
EquiVest GmbH & Co Found portfolio page on equivest.de listing investments with latest dated portfolio entry ‘GEV Großküchen Ersatzteil Vertrieb GmbH’ in February 2011 and ‘easy sports Freizeitanlagen GmbH’ February 2010; the most recent specific investment date found is February 2011 (startup/company: GEV Großküchen Ersatzteil Vertrieb GmbH). That is more than 12 months ago, so classify as not-active.
Blockwall Blockwall has portfolio entries with investments in 2025 (Blu Financiero, Byzantine, Rebind, Spectarium). The most recent investments are in 2025, which is within the last 3 months from the reference date, indicating activity less than 3 months ago. Example startup invested: Rebind. Based on the timing, assign the tag ‘very-active’.
ZFHN Zukunftsfonds Heilbronn GmbH & Co. KG Searches found portfolio information but no recent investment announcements in 2024 or 2025. The latest publicly documented investment found is from 2022 (investment in enymotion GmbH reported with HTGF partnership). The time since last known investment exceeds 12 months (over two years), so classify as not-active. The startup referenced: enymotion GmbH.
FoodLabs FoodLabs invested in Bevy on 18-Mar-2025 (source: PitchBook listing for Food Labs showing latest investment 18-Mar-2025 in Bevy). The time since that investment is about 7 months, which places the investor in the range between 6 and 12 months since last investment. Therefore the appropriate tag is ‘active’.
Hasso Plattner Ventures Tracxn lists the most recent investments as nilo and Likeminded on April 19, 2021. The last known investment (nilo / Likeminded) was over four years ago, which is more than 12 months, so classify as not-active.
MIG Verwaltungs AG I found a MIG Capital (MIG Verwaltungs AG) press release showing a Series A investment in the startup Look Up dated 12 June 2025, which is less than 3 months before the reference date. Therefore the investor is classified as very-active.
Wellington Partners Venture Capital GmbH Wellington Partners announced a co-led €84M Series B investment in Nuclidium (NUCLIDIUM AG) on 10 July 2025. From that date to the reference point, the last investment occurred less than 3 months ago, indicating the highest activity category.
FINYOND Capital Finyond’s website shows portfolio companies (e.g., CANDIS, Usercentrics, moXco) but contains no recent investment announcements for 2024-2025. The latest dated activity found on the site is 2021 (sale of Passcon Group). No evidence of investments within the past 12 months; thus the investor’s last known investment occurred more than 12 months ago (classified accordingly).
Nauta Capital Nauta Capital led a Series A investment in Neurolabs on April 23, 2025. From April 23, 2025 to the reference date is between 6 and 3 months, placing the last known investment in the ‘active’ window.
CARMA FUND Management Found a July 2, 2024 seed investment in Epignostix where CARMA FUND I (CARMA FUND I Capital GmbH & Co KG / CARMA Fund Management) led a €4.3M seed round. The investment date is about 16 months before the reference date, meaning the last known investment occurred between 12 and 6 months ago – classify accordingly.
ADCURAM Group AG ADCURAM Group AG made a known investment in July 2025 (Steinel-Gruppe acquiring CHIEF Integrations) per ADCURAM’s news page. That investment is within 3 months of the evaluation date, placing activity in the ‘active’ range. The invested company named in the news is CHIEF Integrations (part of Steinel-Gruppe transaction). Time since last investment is under 3 months.
IRIS Iris Capital (IRIS) has public portfolio pages and press articles showing recent investments. The firm’s site shows seed investments in startups such as Cohort and Hopia; the most recent press disclosure found is Hopia raising €3.5M (article on iris.vc) in mid-2025, which is between 3 and 6 months before the reference date, indicating the last known investment occurred within that window. Therefore the appropriate classification is active.
Capiton AG Capiton AG’s news page shows recent portfolio transactions with latest investment/transaction announcements dated 30 Sep 2025 and 25 Aug 2025 (sales/exits). The latest clear investment-related activity (acquisition by successor fund capiton VI/ICG on 30 Sep 2025 and sale on 25 Aug 2025) are less than 3 months from the reference date, but these are exits/realizations rather than new investments; the latest explicit acquisition/portfolio investment announcement is 20 Jan 2025 (AEMtec and aSpect Systems join forces) and 06 Jan 2025 (AlphaPet Ventures acquires JR Pet Products) which are more than 9 months prior to the reference date. The most recent clear investment transaction (acquisition activity) occurred on 20 Jan 2025, which is over 9 months before the reference date, placing the investor in the category where last known investment happened between 12 and 6 months ago, however the 20 Jan 2025 date to Nov 1 2025 is 9 months and 12 days, so the correct tag is not-active.
Planet A Ventures CB Insights lists a Series A investment in Mondra on October 23, 2025, which is less than 3 months before the reference date. Therefore classify as very-active. Investment: Mondra on October 23, 2025.
LBBW Venture Capital GmbH Portfolio page lists companies including Tado, Code Intelligence, Crealytics, 3YOURMIND, Phenex, Oska Health. No press releases or investment dates found on the fund site or in news results for 2024-2025 indicating recent investments. The latest verifiable activity references are older than 12 months, so classify as not-active.