DN Capital apparently opens office in Berlin

According to a media report, the European venture capital manager is thus further expanding its presence in the German tech ecosystem.

As the British portal Private equity wire reports, VC DN Capital has opened an office in Berlin. According to the report, Ragnar Jongen, Marius Oesterschlink, Lucas Schaubel, Nenad Marovac and Thomas Rubens will be working there. DN Capital intends to create numerous new jobs in Germany in the future.

Germany is not new territory for DN Capital: over the past two decades, the venture capital company has become one of the most active investors in the DACH region. The company was one of the leading early-stage investors in the successful German start-ups Auto1, GoStudent, HomeToGo, Mister Spex and Quandoo. "The DACH market is very important to us at DN Capital. This year alone, we have floated three of our German portfolio companies on the Frankfurt Stock Exchange," says Nenad Marovac, founding partner of DN Capital. "We find the size of the market and the quality of the entrepreneurs very impressive and are now seeing this in the results that German companies are achieving on the market today."

Start-up experts Nenad Marovac and Steve Schlenker founded DN Capital in 2000. The company became internationally renowned for promoting well-known companies such as Shazam, Remitly and OLX.