468 Capital is a venture capital firm that primarily invests in early-stage (angel, seed, Series A, and occasionally Series B) technology companies. Their investment strategy focuses on thematic, high-conviction investments in sectors such as AI & Automation, Infrastructure & Enterprise Software, Energy Transition & Climate, and Prosumer & Consumer, with a global outlook.
Deal activity decreased year-over-year (6 deals in the last 12 months vs 10 prior). Their most common stage is seed (42% of deals). Average disclosed round size is $28.0M (across 66 rounds with reported amounts).
Portfolio
66
Fund Size
$400M
Top Stage
Seed
Last 12 Mo
6
Team
AD
ardo Droege
Investor
LE
Ludwig Ensthaler
Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
66 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Adam | Seed | $4.1M | 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 |
| NNeedle | Seed | $2M | Mar 2025 |
 Bliro | Seed | $2.8M | Feb 2025 |
 DinMo | Seed | $5.3M | Oct 2024 |
 Assetbird | Seed | $2.6M | Aug 2024 |
 AstroForge | Series A | $40M | Aug 2024 |
| KKARRI | Pre-Seed | $775K | May 2024 |
| CCodesphere | Series A | $18M | May 2024 |
| YYoneda Labs | Seed | $4M | Apr 2024 |
| UUserHub | Pre-Seed | $3.2M | Apr 2024 |
 acto | Seed | $3.7M | Mar 2024 |
 VectorShift | Seed | $3M | Feb 2024 |
| OOobit | Series A | $25M | Feb 2024 |
| Jua | Series A | $16M | Feb 2024 |
 einwert | Seed | $4M | Jan 2024 |
 Pave Bank | Seed | $5.2M | Dec 2023 |
 Xeol | Seed | $3.2M | Dec 2023 |
| DDYNO | Pre-Seed | $1.5M | Oct 2023 |
 metergrid | Seed | $2.7M | Sep 2023 |
Page 1 of 3
Top Co-Investors
Y Combinator8 shared
Presight Capital6 shared
LEA Partners6 shared
Founders Fund4 shared
Lightspeed Venture Partners4 shared
BlackRock3 shared
Redalpine3 shared
Pioneer Fund3 shared
Earlybird Venture Capital3 shared
Atomico3 shared
Burda3 shared
Bee Partners3 shared
Victory Park Capital2 shared
GFC2 shared
Cusp Capital2 shared
Balderton Capital2 shared
La Famiglia2 shared
42CAP2 shared
Picus Capita2 shared
Uncorrelated Ventures2 shared
Last updated: 12 April 2026