Ecotype: Investor

Senovo

Senovo invests into enterprise SaaS companies. Solutions can have hardware components, but the main value has to be on the software side. All client types except B2C are possible.

Their focus is primarily on supporting teams working in the areas of process optimization, industry 4.0 and data-enabled solutions. They seek companies they can help through their experience and network to grow in the US and internationally. They prefer companies with 10 fully paying clients and €30k MRR or other comparable proof of product-market fit.

They’ve been investing since 2013, having 25 companies in their portfolio, and are currently managing their second fund. Their team combines backgrounds in business, science and law. They prefer to invest lead or co-lead, but are willing to consider other follower or solo investments as well.

Tesi

Tesi focuses on investing into companies with revenue and a proven product-market-fit. They occasionally invest pre-revenue as well, for example into especially strong deep tech cases.

They’re not interested in pharmaceuticals, but other health tech is interesting.

They invest into companies that are based in Finland or have a strong connection with (interest in) Finland.

They prefer being co-lead or lead investor. They don’t invest solo.

Lunar Ventures

Lunar Ventures focuses on helping ambitious deep tech software startups succeed. Hardware is also possible, but significant value has to be in the software side. They invest in early stage teams with strong technological founders, and look for indication of ability to execute. Previous entrepreneurial experience is a plus but not a requirement.

They’re well versed with algorithms, AI, machine learning, blockchain and other areas of software deep tech. Their three core partners have backgrounds in software engineering, mathematics, algorithmics and related product strategy and business roles.

Most of their investments are into companies with a valuation in the low single digit millions. They typically lead or co-lead an investment syndicate, but have done solo investments as well.

EIT InnoEnergy

EIT InnoEnergy is a multi-LP fund focusing on energy-related startups in Europe. They have excellent connections, and know the public sector especially thoroughly.

Prefer B2C but others are also interesting. They prefer co-investing but also invest solo.

EIT Innoenergy is a Pan European investor in the cleantech ecosystem. With a strong focus on impact technologies, aiming to empower citizens, provide access to clean(er) energy, and encourage international cooperation. Thematic tracks include renewables, mobility, battery, hydrogen, storage, smart cities, energy efficiency, smart grid, circular economy. A worldwide reach with offices in Poland (responsible for the geographical region ranging from Estonia to Turkey), Germany, Sweden, the Netherlands, Spain, Portugal, and the U.S.

Our aim is to support sustainable energy innovations that provide the industry with derisked solutions. These innovative companies reduce energy costs, increase system performance and competitiveness, while decreasing greenhouse gas (GHG) emissions, and creating jobs.

Blue Minds

The Blue Minds Group focuses on innovative solutions to transform our energy system and industrial value chains. They build innovative companies, invest in promising tech teams and help industry create new skills, promote talents, and develop business models for the digital age.

They invest in very early stage.

They also help companies expand into the German-speaking market (DACH countries).

 

Deutsche Telekom Capital Partners

Deutsche Telekom Capital Partners (DTCP) invests into B2B SaaS companies with approx. €5M ARR. They’re happy to get to know companies already at €1M ARR.

They do follow-on investments.

South Central Ventures

South Central Ventures invests into software B2B(2C) startups in the Southern CEE region, especially in Balkan. They’re sector-agnostic, but focus on technology.

They have offices in Ljubljana, Belgrad, Zagreb, Skopje.

They’re often the first institutional investor and the lead investor in rounds. They often seek a board seat in companies they invest in.

 

Sunbo Angel Partners

Sunbo Angel Partners represents 17 Korean LPs and 120 SMEs, investing into research-based early stage B2B companies globally.

Change Ventures

Change Ventures invests into startups in the Baltics, or with Baltic founders on their teams.

InvestClub

InvestClub is a front office for a group of investors who invest in startups vetted by the managers. Angel members typically invest €10-100k, fund members €100-500k, and later stage funds €1-5M.

They have members from all over the world: US, Germany, India, Russia, Belarus, UK, Netherlands.

They are only interested in software and marketplace startups targeting B2C or B2B2C. No B2B, B2G or blockchain.