
42CAP is a Munich-based seed-stage venture capital firm founded by experienced entrepreneurs who previously built two of Europe's largest B2B software companies (Hybris and eCircle). The firm invests €0.5–3m in tech- and data-driven B2B software companies across Europe with global ambition, currently investing out of its 4th fund generation.
Deal activity increased 33% year-over-year (4 deals in the last 12 months). Average disclosed round size is $12.7M (across 30 rounds with reported amounts).
Portfolio
49
Fund Size
—
Top Stage
Seed
Last 12 Mo
4
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
70 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Seed | — | Jul 2026 | |
| Seed | $3.2M | Mar 2026 | |
| Series B | $50M | Mar 2026 | |
| Unknown | — | Feb 2026 | |
| Unknown | $13M | Feb 2025 | |
| Seed | — | Feb 2025 | |
| AACCURE Battery Intelligence | Series B | $16M | Feb 2025 |
| Series B | $16M | Jan 2025 | |
| NNovee Ai | Pre-Seed | — | Jan 2025 |
| Seed | $10M | Jan 2025 | |
| Series A | $18M | May 2024 | |
| Seed | $2.8M | Feb 2024 | |
| Series A | $10.8M | Feb 2024 | |
| Series A | $28M | Jan 2024 | |
| Seed | $3M | Jan 2024 | |
| Pre-Seed | — | Dec 2023 | |
| Series A | — | Nov 2023 | |
| Seed | $2.2M | Jul 2023 | |
| Seed | $7.5M | Apr 2023 | |
| FFlawless | Seed | $2.2M | Jan 2023 |
| Seed | — | Oct 2022 | |
| Series A | — | Jul 2022 | |
| Pre-Seed | — | Feb 2022 | |
| Seed | — | Jan 2022 | |
| Series B | $25M | Jan 2022 |
Page 1 of 3
Top Co-Investors
Capnamic Ventures7 shared
Atomico5 shared
HSBC5 shared
10x Founders4 shared
Unusual Ventures3 shared
468 Capital3 shared
Begin Capital3 shared
Incharge Capital Partners3 shared
Riverstone Holdings3 shared
Amino Collective3 shared
Karista3 shared
Seedcamp3 shared
Speedinvest2 shared
Toba Capital2 shared
HV Capital2 shared
Animoca Brands2 shared
IBB Ventures2 shared
LEA Partners2 shared
Creandum2 shared
Spark Capital2 shared
Last updated: 20 October 2026