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 startups. The money is already in startups such as Cleverly and Sharpist.

Capnamic has launched its third venture capital fund: the early-stage investor raised 190 million euros for this purpose 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 inception, Capnamic has been dedicated to one goal only: to support the most promising tech startups from the German-speaking region in the best possible way to grow and scale internationally. We are very pleased that Capnamic's success to date has convinced a large number of major fund investors," says Christian Siegele, Managing Partner at Capnamic. With the new fund, Capnamic also intends to participate primarily in pre-seed, seed and Series A financing rounds. The two predecessor funds included 40 million and 115 million euros.

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