Lucid Capital is a Berlin-based venture capital firm backing AI-first technology companies from inception. Its primary vehicle, Lucid Capital Fund I, is a €36 million fund investing €500k–€1.5m in European AI startups at the earliest stages.
They made 3 investments in the last 12 months. Their most common stage is seed (56% of deals). Average disclosed round size is $18.5M (across 5 rounds with reported amounts).
Portfolio
8
Fund Size
—
Top Stage
Seed
Last 12 Mo
3
Team
SX
San X.
CEO
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
9 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Bayshore | Seed | $8M | Jun 2026 |
| BBayshore AI | Seed | $8M | Jun 2026 |
 Conduct | Seed | — | Sep 2025 |
 Sonia Solutions | Seed | — | Jan 2025 |
 Forward Earth | Pre-Seed | — | Jun 2024 |
| DDataFleets | Unknown | $4.5M | — |
| Mmkind | Pre-Seed | — | — |
| CConduct AI | Series A | $60M | — |
| CConduct AI | Seed | $12M | — |
Top Co-Investors
BOOOM5 shared
Creandum3 shared
Earlybird Venture Capital2 shared
Heliad AG2 shared
Speedinvest1 shared
Revent1 shared
Peterson Ventures1 shared
AME Cloud Ventures1 shared
Lightspeed Venture Partners1 shared
The MBA Fund1 shared
Morado Ventures1 shared
Kvanted1 shared
Fortino Capital1 shared
Possible Ventures1 shared
UVC Partners1 shared
Blue Lion Global1 shared
Index Ventures1 shared
SAP1 shared
Last updated: 8 September 2026