eCAPITAL is an entrepreneur-led venture capital investor founded in 1999 and based in Münster, Germany. The firm focuses on early- and growth-stage deep-tech companies with a positive impact on society, investing in sustainability, enterprise software, cybersecurity, IoT, and new materials.
Average disclosed round size is $12.4M (across 12 rounds with reported amounts).
Portfolio
27
Fund Size
—
Top Stage
Series A
Last 12 Mo
5
Team
Dr. Paul Grunow
Venture Partner
DS
Dr. Stephen Weich
Venture Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
37 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Visiolab | Series A | $11M | Apr 2026 |
 Cleafy | Unknown | — | Mar 2026 |
 Zepo Intelligence | Seed | $15M | Jan 2026 |
| Zepo Intelligence | Seed | $15M | Dec 2025 |
 FMC | Series C | — | Nov 2025 |
| DDawnguard | Pre-Seed | — | Jul 2025 |
 1KOMMA5° | Growth | — | Jul 2025 |
 Motor AI | Seed | — | Jul 2025 |
 Baobab | Series A | — | Jun 2025 |
 node.energy | Series B | — | Apr 2025 |
 Apheris | Series A | — | Jan 2025 |
 Ferroelectric Memory | Series C | — | Jan 2025 |
| Ferroelectric Memory | Series A | — | Jan 2025 |
| 1KOMMA5° | Growth | — | Dec 2024 |
 beeOLED | Series A | — | Aug 2023 |
 Jedox | Growth | — | Jan 2021 |
| Ferroelectric Memory | Series A | $20M | Nov 2020 |
 CounterCraft | Series A | $5M | Jun 2020 |
| Ferroelectric Memory | Series B | $20M | Jan 2020 |
 IPlytics | Unknown | — | Mar 2019 |
| Ferroelectric Memory | Series A | $5.4M | Jan 2018 |
 Open-Xchange | Series A | $8.8M | Jan 2017 |
| Open-Xchange | Series C | $5.2M | Jan 2016 |
 Smart Hydro Power | Seed | — | Jan 2011 |
| Open-Xchange | Series B | $9M | Jan 2008 |
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Top Co-Investors
High-Tech Gründerfonds8 shared
M Ventures6 shared
Robert Bosch Venture Capital4 shared
Kibo Ventures3 shared
Merck3 shared
DeepTech & Climate Fonds (DTCF)3 shared
HV Capital3 shared
imec.xpand3 shared
SK hynix3 shared
Titan Capital2 shared
Vsquared Ventures2 shared
Verve Ventures2 shared
Norrsken VC2 shared
Eurazeo2 shared
Hamilton Lane2 shared
G2 Venture Partners2 shared
b2venture2 shared
BONVENTURE2 shared
private angel investors2 shared
Last updated: 7 October 2026