468 Capital is a Berlin-based venture capital firm founded in 2020 that invests in category-defining technology companies from day zero through Series B. The firm focuses on AI & automation, enterprise software, energy transition, and consumer technology across Europe and the United States. In January 2022, 468 Capital closed its second fund at approximately $400 million, making it one of the largest European seed-stage funds.
Their most common stage is seed (52% of deals). Average disclosed round size is $20.3M (across 98 rounds with reported amounts).
Portfolio
113
Fund Size
$400M
Top Stage
Seed
Last 12 Mo
7
Team
Alexander Kudlich
Managing Partner
Florian Leibert
General Partner
Ludwig Ensthaler
General Partner
Philipp Seifert
Partner
Christoph Rusch
Venture Capital
Jonas Kern
Investor
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 ARC Intelligence | Seed | — | Jul 2026 |
 Sygaldry | Series A | $105M | Apr 2026 |
 Pally | Seed | $5.2M | Jan 2026 |
 Tools for the Commons | Pre-Seed | $1.9M | Jan 2026 |
 Adam | Seed | $4.1M | Oct 2025 |
 Vulcan Technologies, Inc | Seed | $10.9M | Oct 2025 |
 Vulcan Technologies | Seed | $10.9M | Oct 2025 |
 Motion | Series C | $38M | Sep 2025 |
 Alaan | Series A | $48M | Aug 2025 |
 Apolink | Seed | $4.3M | Jul 2025 |
 Jua | Series A | $10.8M | Jun 2025 |
 HoneyHive | Seed | $7.4M | Apr 2025 |
 Needle | Seed | — | Mar 2025 |
 Bliro | Seed | — | Feb 2025 |
 Albacore | Unknown | $6.5M | Jan 2025 |
 Firstwork | Seed | $5M | Jan 2025 |
 Educato | Seed | $3M | Jan 2025 |
 Tegore | Seed | $3M | Jan 2025 |
 DinMo | Seed | $5.3M | Oct 2024 |
 Assetbird | Seed | $2.6M | Aug 2024 |
 AstroForge | Series A | $40M | Aug 2024 |
 Karri | Pre-Seed | — | May 2024 |
 Codesphere | Series A | $18M | May 2024 |
 Yoneda Labs | Seed | $4M | Apr 2024 |
 UserHub | Pre-Seed | $3.2M | Apr 2024 |
Top Co-Investors
Last updated: 9 September 2026