Capnamic closes third fund in the amount of 190 million euros

With the new fund, the venture capitalist wants to invest primarily in German-speaking tech start-ups. The money has already been invested in start-ups such as Cleverly and Sharpist.

Capnamic has launched its third venture capital fund: the early-stage investor raised 190 million euros from companies such as Evonik, Neue Zürcher Zeitung, Fressnapf, Sparkassen Finanzgruppe, Rheinische Post and CEWE. Several founders also participated, including Lieferando founder Jörg Gerbig, Mister Spex founder Dirk Graber and Fox & Sheep founder Verena Pausder.

"Since its foundation, Capnamic has been dedicated to one goal: to provide the most promising tech start-ups from German-speaking countries with the best possible support for growth and international scaling. We are delighted that Capnamic's success to date has convinced a large number of major fund investors," says Christian Siegele, Managing Partner at Capnamic. The new fund will also focus on pre-seed, seed and Series A financing rounds. The two predecessor funds contained 40 million and 115 million euros.

The venture capital company has already invested in several start-ups with the funds from "Capnamic 3". For example, Capnamic led the three million euro seed financing round of EdTech Cleverly and the 23 million euro financing round of Sharpist. The fund has also invested in Workpath, Cedalo and the Swiss start-up Nanoleq.