HEARTFELT_ is a Berlin-based pre-seed venture capital firm that positions itself as 'Europe's First Cheque Fund.' Founded in 2023 by the managing team behind APX (a joint venture of Axel Springer and Porsche), it writes first-cheque investments of €100k–€400k into founders across Europe and the US.
Deal activity increased 50% year-over-year (3 deals in the last 12 months). Their most common stage is pre-seed (48% of deals). Average disclosed round size is $5.5M (across 13 rounds with reported amounts).
Portfolio
25
Fund Size
$88M
Top Stage
Pre Seed
Last 12 Mo
4
Team
Jörg Rheinboldt
General Partner
Henric Hungerhoff
Managing Director
Ying-Ying Huang
Principal
Robert Martin
Vice President
Manuel Späder
Investment & Finance Associate
Elisa Biava
Early Stage Investor
Onur Can
First-Cheque Investor
Sascha Argiro
Investment Manager
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
| UUnosecur GmbH | Seed | $5M | Sep 2026 |
 Zelara | Pre-Seed | — | Jun 2026 |
 VisioLab | Series A | $11M | Apr 2026 |
 Asynchronics | Pre-Seed | — | Sep 2025 |
 Unosecur | Seed | $5M | Apr 2025 |
| Unosecur | Seed | $5M | Jan 2025 |
 Genie | Growth | $2M | Jan 2025 |
| AABSORA | Pre-Seed | — | Jan 2025 |
| UUnosecur GmbH | Seed | $5M | Jan 2025 |
 Steerlab | Pre-Seed | $1.9M | Sep 2024 |
 Punto Health | Seed | — | May 2024 |
 Liledu | Unknown | — | Jan 2024 |
 Inspectle Food | Pre-Seed | — | Dec 2023 |
 Infrared City | Pre-Seed | — | Oct 2023 |
 Atopia | Pre-Seed | — | Aug 2023 |
| Liledu | Unknown | — | Jan 2023 |
| Genie | Series A | $5M | Jan 2022 |
| Genie | Seed | $3.5M | Jan 2021 |
 XOXO | Unknown | $2.5M | — |
 Taisan | Pre-Seed | — | — |
 Manie | Unknown | — | — |
 Tingit | Pre-Seed | — | — |
 Rototip | Unknown | — | — |
 Iqana | Pre-Seed | — | — |
 Anytax | Pre-Seed | — | — |
Top Co-Investors
Last updated: 8 September 2026