Alliance For Impact (AFI)
Alliance for Impact (AFI) is a European Day-One Impact Launchpad focused on bridging the gap between purpose and profits. They aim to fast-track the emergence of tomorrow's leaders and support the next generation of impact-driven entrepreneurs. AFI combines equity-free acceleration through AFI Factory with first-ticket seed funding through AFI Ventures. AFI Factory is a 6-12 month acceleration program for growth-stage impact startups seeking funding. AFI Ventures is a pre-seed & seed impact fund investing in 1 to 2 companies per month. AFI believes innovation is a tool for positive evolution, building a sustainable balance between economic growth and positive impact. They consider innovation as a source of opportunity for creating new, sustainable, and impactful business models that benefit society and the environment. The firm is powered by La Ruche, Ventech, and Abeille Assurances, indicating a strong network of partners and resources available to the startups they support. AFI focuses on supporting companies within specific sectors, aiming to create a positive societal and environmental impact alongside financial returns. The firm's manifesto emphasizes the belief in innovation as a driver for sustainable and impactful business models.
Almaz Capital
Based on the limited information available, Almaz Capital appears to focus on investments in technology companies, with a potential emphasis on enterprise software, security, networking, analytics, and data technologies. They seem to have a global perspective with offices in the US and Germany. The fund also demonstrates a commitment to environmental and social compliance. Further research is needed to fully elaborate on their investment strategy and thesis.
Almi Invest
Almi Invest's investment thesis centers around fueling Swedish entrepreneurship and innovation by providing financing and business development support to small and medium-sized enterprises (SMEs). They aim to contribute to sustainable growth across Sweden by offering loans, venture capital, and advisory services. Almi Invest seeks to invest in companies that demonstrate potential for economic, environmental, and social value creation. Their approach includes incorporating sustainability considerations into their investment decisions, reflecting a commitment to long-term viability and positive societal impact.
Alpana Ventures
Alpana Ventures is a Swiss VC firm focused on digital transformation. They are committed to value creation by discovering Deeptech solutions in Switzerland, Europe, and the US. Their strategy involves investing in companies to embed these deep tech solutions into innovative business models. They seek out companies showing considerable growth such as their recent announcement of ZaiNar emerging from stealth with $100M in funding and a $1B valuation, and Domohealth being named Scale Up Vaud 2026.
Altavia Adventures
We invest in early-stage Seed or Series A startups in our areas of expertise, with high growth potential and recurring revenues - Saas and Marketplace. We are Altavia Corporate Ventures, the investment arm of Altavia Group, the leading independent international group specializing in commercial communication for the retail sector. We firmly believe in creating mutual and shared value, thus we offer our portfolio startups tailor-made access to our best experts and to a targeted selection of the group's business units.
AngelHub
AngelHub was a SFC Licensed Platform that aimed to democratize private market investing by connecting professional investors with vetted startups. They sought to bridge the gap between venture capitalists and angel investors, leveraging strategic partnerships to provide access, time, and know-how for both startups and investors. Their core mission was to empower startups to drive wealth and economic growth by providing them with resources to avoid the daunting and lengthy fundraising process, while enabling professional investors to diversify their portfolios without sacrificing time. However, the firm has ceased its investment operations and relinquished its SFC license due to the evolving economic landscape. All existing investments will continue to be monitored, and investors will receive ongoing updates as per standard reporting processes. AngelHub invested in 23 tech companies across 28 campaigns, deploying a total of USD 18M. They prided themselves on enabling 2 successful exits, creating meaningful value for investors and the startup ecosystem. AngelHub aimed to provide a platform where minimum ticket sizes started at USD 10,000+ and vetted over 2,000 companies. AngelHub's platform statistics showcased the result of their work: 25 successful campaigns, $17M+ amount invested, and 2 successful exits. It reports a 2.1x equity multiplier and $9.1M returned to investors.
Anterra Capital
Anterra Capital focuses on leveraging technology to build a safe, sustainable, and resilient food system. They aim to empower farmers to sustainably produce more and get a larger cut, clear new pathways to boost animal health and quality of life, and improve consumer access to healthier, more nutritious foods. They invest across the entire value chain, from farmer to consumer, supporting companies leveraging breakthrough biotechnology or digital solutions. Their investment strategy spans multiple stages, partnering with companies from incubation onward, with a typical initial check of $1-10 million at the Seed or Series A stages. Anterra is committed to investing for impact, backing entrepreneurs that positively transform the planet, improve health, and improve livelihoods. They emphasize measuring and reporting their portfolio impact. Anterra leverages a unique network to provide portfolio companies with access to potential customers, experts, advisors, and talent across the food value chain. They are backed by institutional investors, strategics, and family offices, including Rabobank, Eight Roads (Fidelity International), Novo Holdings, and Tattarang. Anterra's team acts as a bridge between technology, investor, and agrifood ecosystems. They co-founded F&A Next with Rabobank and Wageningen University, a leading agrifoodtech gathering in Europe, showcasing their commitment to the future of food.
Aonia Ventures
Aonia Ventures is an early-stage venture capital firm that invests in 20-30 tech startups per year worldwide, focusing on seed and Series A rounds. Their motto is "Let's Blow it Up!", suggesting an aggressive and disruptive investment strategy. They aim to identify and support companies with high growth potential and the capacity to disrupt existing markets. The firm's portfolio showcases investments across various sectors, suggesting a broad investment scope within the technology landscape. Their listed exits and IPOs indicate a track record of successful investments and value creation.
Araliventures
Arali Ventures partners with audacious founders rewriting the future of enterprise technology. They invest early, typically at the pre-seed and seed stages, partnering with founders from the initial idea stage through signing early customers. They describe themselves as 'ScaleFounder first | Operator led. | Compounding impact.' offering candid feedback delivered with respect and context. They emphasize deep work on product, customers, and markets, avoiding shallow insights. They value speed of learning through rapid iteration and are committed to long-term trust-based relationships with founders. Arali focuses on businesses that are "workflow-first," with an expanded operator network and a strong understanding of repeatable go-to-market patterns. The fund actively helps fintech founders sharpen business models, understand unit economics, and develop distribution plans. They also support founders on pricing, metrics, and investor readiness, especially for businesses selling into regulated institutions, emphasizing partnerships and clarity of narrative for complex buyers. The firm assists early-stage teams with customer discovery, Ideal Customer Profile (ICP) clarity, and go-to-market iteration. They emphasize turning early signals into actionable plans, focusing on positioning, messaging, and a sustainable execution cadence. Core to their approach is prioritizing clarity on the customer and the fundamental wedge to build upon. They work with teams on pipelines, pilots, and reference-building. They are hands-on when it comes to enterprise deals and helping teams establish the operating cadence needed for long sales cycles. For companies in industrial and regulated domains, they help teams navigate complex buying centers, operational rollouts, and strategic partnerships. The VC firm is particularly useful on sharpening the “why now,” packaging the wedge, and building momentum from lighthouse wins. They provide assistance with key hires, pricing strategy, go-to-market planning, and partnerships, as well as pressure-testing ideas and acting as a sounding board.
Atanova Ventures
Atanova Ventures positions itself as a VC firm that prioritizes people and visions over mere transactions. They emphasize building timeless connections based on trust, ambition, and dedication, suggesting a long-term investment approach. While many VCs are focused on short-term engagements, Atanova aims to cultivate lasting partnerships with founders.
Athos Capital
Athos Capital is a venture capital fund that invests in early-stage ventures with global ambitions. They are sector-agnostic but show a preference for capital-efficient business models. Their typical investment is in Seed and Series A rounds, and they do follow-on investments. Geographically, their primary focus is on Europe, with a strong emphasis on Spain. The firm looks for startups with MVP ready and early adoption metrics. Their investment approach includes focusing on digital early-stage solutions. They actively engage with and promote knowledge sharing, with a blog covering topics like AI, Python, and UI design. Athos demonstrates a commitment to keeping up-to-date with industry trends and sharing their insights. This active engagement with current technologies and trends indicates a strategy aimed at identifying and supporting innovative companies with strong growth potential. They also have a structured approach to ESG. The firm's investment strategy is also demonstrated through their news coverage and highlighted portfolio companies. These provide insights into the types of companies they invest in and the stages at which they participate. The team composition, with partners having experience in consulting, private equity, and M&A, suggests a well-rounded expertise to evaluate and support their investments. Overall, Athos Capital's investment thesis revolves around supporting early-stage ventures with global ambitions and a focus on capital efficiency, primarily in the European and Spanish markets. They provide financial backing as well as knowledge and operational support, positioning themselves as active partners in their portfolio companies' growth.
Attica Ventures
Attica Ventures, established in 2003, focuses on managing venture capital funds and is a member of the Attica Bank Group. The firm aims to invest in innovative small and medium enterprises (SMEs) in their development phase. These companies should possess a distinctive competitive advantage and have strong potential for equity appreciation, international competitiveness, and a global presence, irrespective of the specific industry they operate. Attica Ventures primarily seeks minority stakes in its portfolio companies, aiming to support the management teams in achieving their strategic goals. The firm manages the Zaitech Fund, a €40 million fund with investors including Attica Bank and TANEO, and has invested and reserved over €32 million since 2005 in 10 innovative companies across various sectors. These include renewable energy, telecoms, industrial innovation, food & beverages, healthcare, logistics, retail, and real estate. The investments have demonstrated remarkable growth, positive results, market awards, and recognition. Notably, four of their investments are now listed on the Athens Stock Exchange. Attica Ventures emphasizes supporting the entrepreneurial spirit by providing capital injections to Greek SMEs. These investments have facilitated major investments worth over €150 million in total for these SMEs, resulting in significant growth rates and the creation of more than 800 direct new jobs, along with numerous indirect jobs. This strategy drives wealth creation across various stakeholders, contributing to economic development in Greece. The firm prides itself on its investment team's experience, which includes expertise in setting up and administering venture capital funds, banking, corporate finance, corporate strategy, business development, and management consulting. Their active involvement in innovative technology projects both in Greece and internationally, combined with experience in managing SMEs, ensures the efficient management of the Fund.
Auxxo Female Catalyst Fund
Auxxo Female Catalyst Fund focuses on backing and uniting the strongest pre-seed and seed stage female-(co-)founded startups in Europe. The fund aims to provide not only financial investment but also a supportive community where founders can experience wholesome personal growth. They emphasize creating a space where founders feel safe to develop personally and professionally. They aim to foster an abundance mindset within their network, fostering intimate relationships and a high willingness to help each other. Auxxo positions itself as part of a feminist changemaker movement, attracting founders who align with their mission.
BLS Venture Capital
BLS Venture Capital focuses on investing in people with a strong commitment to appreciation, authentic exchange, and sincere collaboration, aiming for synergistic benefits. They seek to contribute to a sustainable, value-creating economy built on respect, where individuals can excel. The firm looks for innovative and creative ventures, offering their experience, network, and know-how to open doors and pave the way for success. They aim to partner with teams over the long term, providing support and learning opportunities. Their investment strategy targets scalable technologies with promising market potential, with a focus on creating value and ensuring mutual benefit from the partnership.
Ballpark Ventures
Ballpark Ventures is a small, boutique fund that invests in early-stage technology startups. They focus on European startups and aim to accelerate their success by leveraging deep sector knowledge, an influential personal network, and experience. They emphasize the importance of speed to market and decision-making in exponential times. Their investment criteria are centered around the firm's ability to add significant incremental value to a venture, primarily within their areas of expertise. The partners are all successful entrepreneurs who are investing their own money. Their investment approach is based on exponential growth of technology. Because of this, they appreciate the importance of speed to market and speed of decision making. Their investment focus is in technology, specifically mobile, retail, and media. Ballpark Ventures prefers to receive referrals through trusted third parties, suggesting a strong reliance on their existing network for deal sourcing. They avoid cold outreach and value recommendations from people they know and respect. This curated approach suggests they prioritize opportunities that align with their network's expertise and insights.
Baltic Sandbox Ventures
Baltic Sandbox Ventures (BSV Ventures) focuses on fostering the Baltic and European Deep Tech, Life Science, and Dual-Use Tech ecosystems by investing in early-stage R&D-focused individuals and teams. They target companies solving complex technical challenges with significant commercial application potential, even without existing traction or a formal deck. BSV Ventures aims to be a critical player in advancing the Baltic region's innovation landscape by providing not just capital, but also incubation, acceleration programs, and strategic support. The firm looks for founders with a proven scientific background, a strong innovation component, and the potential for commercializing their R&D efforts. They invest in areas like Software++, Life Science, and Hardware, with an emphasis on AI/ML, Big Data, Personalized Medicine, Robotics, and more. BSV Ventures stands out by being willing to invest early, even before a formal business plan is fully developed, recognizing the unique challenges and timelines associated with deep tech and life science ventures. Their investment strategy encompasses several programs, including an equity-free incubation program with grants, a business development lab with potential investment, and seed-stage investments. This multi-faceted approach allows them to engage with companies at different stages of development, from early-stage research to near-market products. The firm actively seeks co-investment opportunities with other investors, expanding its reach and impact. BSV Ventures prioritizes solutions with high societal and commercial impact, even if they fall outside of explicitly mentioned categories. This adaptability and willingness to consider unconventional ideas make them a valuable partner for founders pushing the boundaries of technology and science. The firm's value proposition extends beyond capital, providing crucial business development and scale-up support to help portfolio companies grow beyond the seed stage.
Baltic Tech Ventures
Baltic Tech Ventures (BTV) is a VC firm and angel group focused on backing early-stage technology companies in the Baltics. They aim to connect innovation with experience, offering a platform that links startups with industry expertise, IP protection, and scalability to global markets. The firm's approach emphasizes a laser focus on profitable exits, leveraging a vast network of contacts and strategic partners to provide portfolio companies access to institutional and private investors. They invest in scalable technology startups, placing a strong emphasis on capable management teams, requiring key personnel to excel in psychometric evaluations. BTV's vision includes full alignment of interest with investors and startup entrepreneurs, with the goal of rapid and successful exits. They aim to empower promising tech innovations in the Baltics by providing guidance from a network of experts and strategic partners, as well as access to investor funding, with the aim of building global and sustainable business unicorns. They also strive to provide unrestricted access to their portfolio of tech startups, allowing investors around the world to capitalize on the growth trend of Baltic startups. The firm operates as a platform that efficiently connects innovation with expertise and experience. Their team of experts provides portfolio companies with access to industry-specific knowledge, IP protection strategies, and pathways to global market scalability. This structured support system is designed to maximize the commercial potential of each startup, from initial investment through to profitable exit. Overall, Baltic Tech Ventures presents itself as more than just a source of capital. It positions itself as a strategic partner that provides hands-on expertise, a deep network of contacts, and a clear focus on achieving profitable exits for both its portfolio companies and investors. Their commitment to early-stage Baltic tech companies, combined with their emphasis on strong management teams and global scalability, defines their investment approach.
BayWa Venture
BayWa Venture, operating as AgriFoodTech Venture Alliance, focuses on fostering innovation in the AgriFoodTech sector by investing in and collaborating with startups. Their investment thesis revolves around identifying and supporting exceptional teams with sustainable technologies and innovations that can generate lasting value within the AgriFoodTech ecosystem. The alliance aims to promote collaboration between startups and established players like BayWa, Multivac, and Bindewald & Gutting, facilitating the exchange of new technologies and driving progress in food production and agriculture. They are particularly interested in solutions for precision farming, carbon farming, sustainable agriculture, and alternative protein sources. The firm's strategy involves providing capital to startups and facilitating their integration into the existing value chains of their corporate partners. By acting as a bridge between innovative startups and established corporations, AgriFoodTech Venture Alliance aims to accelerate the adoption of cutting-edge technologies and drive meaningful change in the AgriFoodTech industry. They actively seek out startups that can address key challenges in the sector, such as improving sustainability, optimizing resource utilization, and enhancing food production efficiency. The alliance has demonstrated a commitment to investing in areas such as alternative proteins, showcased by investments in companies like GREENFORCE, Neggst, and PROJECT EADEN. They partner with companies like MULTIVAC Gruppe to explore packaging solutions that promote sustainability and minimize plastic use. The firm actively participates in industry events like the BayWa FoodTech Demo Day to connect with startups and promote innovation. Their overall approach centers on driving progress through collaboration, with a clear focus on startups as key agents of change in the AgriFoodTech landscape. They focus on measurable impact with investments like MyEasyFarm. Furthermore, the AgriFoodTech Venture Alliance actively seeks startups that align with Environmental, Social, and Governance (ESG) principles. Their commitment to sustainability is evident in their investment strategy, which prioritizes companies that are developing innovative solutions for carbon reduction, regenerative agriculture, and responsible food production. By integrating ESG considerations into their investment process, the firm aims to generate both financial returns and positive social and environmental impact.
Begincl
Begin Capital operates with a unique approach, viewing venture capital as a TV series where founders are actors and investment managers are the casting directors. Their strategy is centered around identifying and supporting 'blockbuster' companies, prioritizing those with strong, unique leaders, tested hypotheses that translate into measurable numbers, and a long-term vision. They look for founders who are 'Pirates' (not afraid to challenge rules), 'Winners' (aiming for global impact), and 'Robots' (rigorously improving KPIs). Their investment approach emphasizes focus and data-driven decision-making, steering clear of projects lacking concrete evidence or a clear understanding of business processes. They primarily focus on two investment seasons. Season 1 targets a broad range of industries and genres within the European market, actively seeking Seed and Series A opportunities. Season 2 is dedicated to DeepTech, Artificial Intelligence, and SaaS sectors, valuing both groundbreaking technology and practical industry applications. The firm emphasizes the importance of a robust technology backend coupled with demonstrable real-world use cases. Begin Capital's investment philosophy is rooted in the belief that revolutionary changes are driven by exceptional people. They prioritize partnering with entrepreneurs who display a combination of audacity, ambition, and analytical prowess. Their ideal founder is not only capable of disrupting markets with innovative ideas but also adept at transforming these ideas into quantifiable results. Begin Capital emphasizes collaboration between VC and business angels. They also published the results of their first year of operations. They are open to deals across all industries and genres.
Besantcapital
Besant Capital is an investment firm focused on capitalizing on transformational changes in the world, particularly in digitalization, energy transition, mobility, and evolving lifestyles. They invest through dedicated vehicles in real estate and growth sectors that benefit most from these shifts. The firm targets well-defined investment strategies within selected growth sectors and real estate, investing alongside top-tier investment managers through specialized vehicles. They emphasize entrepreneurial thinking, adaptation to market changes, and proactive risk management to protect capital. Their investment philosophy includes aligning with investors' objectives and making significant investments from their own capital. Besant Capital aims to leverage its international network to generate deal flow and maintain a global perspective, while adhering to strict discipline and pre-established objectives. Their approach emphasizes not only financial returns but also operational improvements and strategic guidance for their portfolio companies. The firm is committed to identifying and partnering with the best investors and entrepreneurs in their target sectors. With a team possessing extensive experience in financial, strategic, and operational management, Besant Capital brings over 50 years of experience in both public and private markets, with a track record of over $2.9 billion invested. This experience enables them to provide significant value to their portfolio companies, beyond just capital investment. Their global perspective and local expertise, combined with a strong focus on innovation and sustainability, position them to capitalize on emerging opportunities and drive long-term value creation. They focus on active risk management and are fully committed to aligning with investor objectives. The firm ensures a strong entrepreneurial approach across all investment vehicles, which allows them to adapt quickly to market changes and pursue growth opportunities actively. The firm operates with a global perspective, which drives deal flow and provides flexibility in a variety of markets. The team comprises more than 50 professionals.
Betterventures
Betterventures is an impact-focused venture capital firm that invests in early-stage companies aiming to solve global challenges and generate both financial return and positive impact. They curate a network of like-minded entrepreneurs, suggesting a community-driven approach to venture capital. The firm's investment strategy seems to center around backing founders with a strong vision for 'fixing the world,' which translates to investments in sustainable, circular, healthy, and equitable solutions. The firm also provides access to a network of angels.
Big Sur Ventures
Big Sur Ventures is an early-stage investor focused on partnering with exceptional entrepreneurs to build great companies. They invest in companies with innovative products and services that promise to provide transformative benefits to a market, seeking projects that can change the structure of the market. They understand the challenges of early-stage companies and take an involved, hands-on approach to their investments. Big Sur Ventures is a high conviction investor and lead investments even if no one else gets it. They are comfortable with the rough edges of a new project and help founders from day one. They invest in people with deep conviction behind great ideas and disruptive technologies. The initial stages of a company’s development are critical, and Big Sur understands how to move quickly and effectively from hypotheses to validations. The team is the critical element in the successful pursuit of the vision, and they look for exceptional people with whom they can enjoy the process of reaching the goal. Big Sur invests in companies leveraging the power of the internet, including internet, software, and IT companies. They are sector agnostic but look for highly scalable projects with credible unit economics and a B2B focus. They also invest in Deep Tech, recognizing that new science and deep engineering are key to solving major global challenges in areas like climate, energy, decarbonization, and mobility. They focus on solving large problems in a truly unique way, which is critical to defining the size of the opportunity. They realize that everything is not perfect in the initial stages of a company’s life. That’s ok, they know that investing early means being comfortable with the rough edges of a new project.
Bitkraft Ventures
BITKRAFT Ventures is a global investment platform specializing in Synthetic Reality™, which they define as the convergence of the physical and digital worlds. They believe that the visionaries in gaming are paving the way for these new experiences by building simulation software and concurrency infrastructure. BITKRAFT sees significant opportunities arising from this convergence, extending beyond entertainment to human fulfillment, ability, and connection. They aim to accelerate the evolution of gaming and empower visionary entrepreneurs who are positioned to benefit from this tectonic shift.
Black Pearls VC
Black Pearls VC is an early-stage venture capital firm investing in leading tech startups across Europe, with a particular focus on the Baltic Sea Region. As of December 31, 2023, the firm has concluded its investment period and will continue its mission under a new identity, Balnord. The firm invests in companies with global reach, helping them to scale and utilize their potential. They aim to be one of the first investors in a company, providing support for scaling and achieving international expansion. Black Pearls VC was created to support ambitious entrepreneurs who look beyond established paradigms. The firm focuses on backing companies operating within the scope of Life Quality Technologies, including life sciences, intelligent transportation solutions, space and satellite technologies, and artificial intelligence. Black Pearls VC leverages the experience of its team members as entrepreneurs, investors, executives, consultants, researchers, and lawyers to assist portfolio companies in overcoming challenges. Their global network of business angels, academics, and advisors is also available to provide support. Understanding the difficulties involved in building successful companies, Black Pearls VC aims to partner with portfolio companies for the long term. They emphasize the importance of combining big ideas and vision with everyday execution and hard work. With successful track record of investments in areas such as: Digital Health, Enterprise Software, Fintech, Future of Work, Deep Tech, among others. Black Pearls VC is also recognized as the first Polish VC fund in Kauffman Fellows, a global network of leading VCs. This association provides access to a wide range of resources and a network of over 500 experienced venture capitalists worldwide.