LEA Partners is an entrepreneurial-minded multi-stage private equity and venture capital firm based in Karlsruhe, Germany. It backs and supports ambitious B2B tech founders and executives across various development stages, from early-stage to buy-out, to achieve growth and market leadership.
Deal activity decreased year-over-year (2 deals in the last 12 months vs 8 prior). Their most common stage is seed (48% of deals). Average disclosed round size is $50.7M (across 16 rounds with reported amounts).
Portfolio
27
Fund Size
$215M
Top Stage
Seed
Last 12 Mo
2
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
42 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Turn2X | Series A | — | Sep 2026 |
 Black Forest Labs | Series B | $300M | Dec 2025 |
 Q.ANT | Series A | — | Jul 2025 |
 Flip | Series A | $28M | May 2025 |
 Flip | Series A | $28M | May 2025 |
 Flip | Series A | $28M | May 2025 |
 Moonwatt | Seed | $8.3M | Mar 2025 |
 Bliro | Seed | — | Feb 2025 |
 Forest | Series B | $16.4M | Jan 2025 |
 Midpage | Seed | $4M | Jan 2025 |
| Flip | Series A | $28M | Jan 2025 |
| Black Forest Labs | Series B | $300M | Jan 2025 |
 Gendo | Seed | — | Nov 2024 |
 Codesphere | Series A | $18M | May 2024 |
 Assemblio | Seed | $2.3M | Feb 2024 |
| Assemblio | Seed | — | Jan 2024 |
| GGendo AI | Seed | — | Jan 2024 |
| GGendo AI | Pre-Seed | $1.1M | Jan 2024 |
 DYNO | Pre-Seed | — | Oct 2023 |
 Askui | Seed | — | Aug 2023 |
| Turn2X | Seed | — | Jun 2023 |
 Enabl | Pre-Seed | — | Jan 2023 |
 Workist | Series A | — | Sep 2022 |
| Flip | Series B | $30M | Feb 2022 |
| Codesphere | Seed | — | Jan 2022 |
Page 1 of 2
Top Co-Investors
468 Capital9 shared
Notion Capital8 shared
Earlybird Venture Capital5 shared
Creandum5 shared
HV Capital5 shared
Cavalry5 shared
Cherry Ventures4 shared
Plug and Play Tech Center4 shared
Base4 shared
BroadLight Capital3 shared
Bain Capital Ventures3 shared
Samsung Next3 shared
Salesforce Ventures3 shared
Visionaries3 shared
QuantumLight3 shared
General Catalyst3 shared
Figma Ventures3 shared
StepStone Group3 shared
European Tech Collective3 shared
Last updated: 20 October 2026