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42CAP

Europe, Bayern, Germany, Munich

Description

42CAP is a prominent seed-stage venture capital firm based in Munich, Germany, specializing in B2B SaaS and enterprise technology startups across Europe. Founded by experienced entrepreneurs Alex Meyer and Thomas Goergen, the firm distinguishes itself with a "by founders for founders" philosophy, leveraging their deep operational expertise to support portfolio companies. This approach emphasizes hands-on guidance and strategic mentorship, aiming to accelerate the growth of early-stage ventures within the European tech ecosystem.

The firm's investment strategy is centered on identifying promising European tech companies at their earliest stages. 42CAP typically invests between €500,000 and €1.5 million in initial seed rounds, providing crucial early capital for product development, team expansion, and market entry. Beyond the initial cheque, 42CAP is committed to supporting its portfolio companies through subsequent funding rounds, often reserving significant capital for follow-on investments that can extend up to €5 million, demonstrating a long-term commitment to their ventures' success.

Since its inception, 42CAP has demonstrated substantial growth and established itself as a key player in the European tech ecosystem. The firm successfully closed its first fund at €40 million in 2018, followed by a significantly larger second fund of €100 million in 2021, reflecting strong investor confidence and an expanding investment capacity. With a portfolio that now includes over 50 companies, 42CAP has actively contributed to the development of numerous innovative B2B solutions, helping them scale from nascent ideas into established market contenders.

Investor Profile

42CAP has backed more than 77 startups, with 7 new investments in the last 12 months alone. The firm has led 22 rounds, about 29% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in Germany, United States, Sweden.
  • Strong thematic focus on Software, SaaS, Artificial Intelligence (AI).
  • Led 4 rounds in the past year.
  • Typical check size: $540K – $1.6M.

Stage Focus

  • Seed (49%)
  • Series A (23%)
  • Series B (10%)
  • Pre Seed (9%)
  • Series Unknown (6%)
  • Series C (1%)

Country Focus

  • Germany (42%)
  • United States (9%)
  • Sweden (9%)
  • France (9%)
  • Austria (9%)
  • Spain (5%)
  • Estonia (4%)
  • Belgium (4%)
  • Denmark (3%)
  • Czech Republic (3%)

Industry Focus

  • Software
  • Saas
  • Artificial Intelligence (Ai)
  • Machine Learning
  • Information Technology
  • Big Data
  • Analytics
  • Predictive Analytics
  • Cloud Data Services
  • B2b
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does 42CAP frequently co-invest with?

Speedinvest
Europe, Wien, Austria, Vienna
Co-Investments: 6
Hi Inov - Dentressangle
Europe, Rhone-Alpes, France, Lyon
Co-Investments: 5
Capnamic Ventures
Europe, Nordrhein-Westfalen, Germany, Cologne
Co-Investments: 6
Industrifonden
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 4
Atomico
Europe, England, United Kingdom, London
Co-Investments: 4
10x Group
Europe, Bayern, Germany, Munich
Co-Investments: 3
HV Capital
Europe, Bayern, Germany, Munich
Co-Investments: 3
Point Nine
Europe, Berlin, Germany, Berlin
Co-Investments: 5
IBB Ventures
Europe, Berlin, Germany, Berlin
Co-Investments: 3
SquareOne Venture Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 4

Which angels does 42CAP often collaborate with?

OK
North America, California, United States, Menlo Park
Shared Deals: 2
CM
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 1
SA
Europe, Harjumaa, Estonia, Tallinn
Shared Deals: 3
GA
North America, California, United States, San Francisco
Shared Deals: 1
ND
North America, California, United States, San Francisco
Shared Deals: 1
BL
North America, New York, United States, New York
Shared Deals: 1
AL
North America, New York, United States, New York
Shared Deals: 1
ST
North America, California, United States, San Francisco
Shared Deals: 2
OH
Europe, Luxembourg, Luxembourg, Luxembourg
Shared Deals: 2
Fergus O'Reilly
Asia, Singapore
Shared Deals: 1

What are some of recent deals done by 42CAP?

askEarth

Zürich, Zurich, Switzerland

askEarth builds an agentic AI answer engine that makes satellite and geospatial intelligence accessible company-wide.

GeospatialInformation TechnologyLocation Based ServicesReal Time
SeedJul 1, 2025
Amount Raised: $2,850,000
Waypoint AI

San Francisco, California, United States

Waypoint AI triages, deflects, routes, and does postmortems. before they become into crises.

Software
Pre SeedJun 26, 2025
Amount Raised: $3,100,000
Impulso

Stockholm, Stockholms Lan, Sweden

Impulso is a cloud-based SaaS solution that helps fashion brands and retailers optimise sell-through and reduce overproduction.

DatabaseReal TimeRetailSaaS
SeedJun 10, 2025
Amount Raised: $6,862,476
Phase

Berlin, Berlin, Germany

Phase is a visual and intuitive digital design tool, reworked for the new age.

Product DesignWeb Design
Series UnknownFeb 13, 2025
Amount Raised: $13,000,000
ACCURE Battery Intelligence

Aachen, Nordrhein-Westfalen, Germany

ACCURE is an AI-powered battery analytics company.

AnalyticsArtificial Intelligence (AI)BatteryEnergyEnergy StorageMachine LearningPredictive AnalyticsRenewable EnergySoftware
Series BFeb 12, 2025
Amount Raised: $16,000,000

Dynamic Line Ratings powered by Hyper-Local Weather AI

Software
SeedJan 24, 2025
Amount Raised: $4,201,398
cognee inc

Berlin, Berlin, Germany

Semantic memory for AI apps and Agents

Artificial Intelligence (AI)Generative AIOpen SourceSoftware
Pre SeedNov 20, 2024
Amount Raised: $1,581,870
Osavul

Wilmington, Delaware, United States

AI-based software to protect from information threats

Artificial Intelligence (AI)B2BBig DataCyber SecurityMachine LearningNational SecurityNatural Language ProcessingSoftware
SeedSep 12, 2024
Amount Raised: $3,000,000
Codesphere

Redwood City, California, United States

Codesphere offers a platform that simplifies and streamlines application development, deployment, and scaling.

Developer ToolsProductivity ToolsSaaSSoftwareSoftware EngineeringWeb AppsWeb Development
Series AMay 17, 2024
Amount Raised: $19,250,000
simplyblock

Berlin, Berlin, Germany

Simplyblock develops low-latency high-performance storage software for IO-intensive workloads, Kubernetes, databases & applications.

Cloud ComputingCloud Data ServicesCloud InfrastructureCloud SecurityCloud StorageData CenterDatabaseInformation TechnologyIT InfrastructurePrivate Cloud
SeedFeb 15, 2024
Amount Raised: $2,750,000