SquareOne (formerly Paua Ventures) is a Berlin-based venture capital firm focused on pre-seed and seed investments in European B2B technology companies. The firm typically acts as the first institutional investor on the cap table, backing entrepreneurs solving complex problems in large markets.
Deal activity decreased year-over-year (1 deals in the last 12 months vs 5 prior). Average disclosed round size is $15.9M (across 11 rounds with reported amounts).
Portfolio
19
Fund Size
$107M
Top Stage
Series A
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
21 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Ultralytics | Series A | $30M | Sep 2025 |
 goodcarbon | Series B | — | Mar 2025 |
 PHASE | Unknown | $13M | Feb 2025 |
 Partscloud | Seed | — | Feb 2025 |
| GGraph Therapeutics | Pre-Seed | — | Jan 2025 |
 GraphTX | Unknown | $3.1M | Jan 2025 |
 MagicX Hero | Series A | $12.2M | Jun 2024 |
 Atmio | Seed | $5.5M | Jun 2024 |
 Coboworx | Series A | — | Jun 2024 |
 Retorio | Series A | — | Nov 2023 |
 Nexu | Series B | $20M | Oct 2023 |
 Alokai | Series A | $20M | Mar 2023 |
| VVue Storefront | Series A | $20M | Jan 2023 |
 Alokai | Series A | $20M | Jan 2023 |
 Hero | Unknown | — | Jan 2022 |
 Semron | Unknown | $10.8M | — |
 Flinn | Pre-Seed | — | — |
| Flinn | Series A | $20M | — |
| Flinn | Seed | — | — |
| CC1 Green Chemicals | Growth | — | — |
| FFlinn | Pre-Seed | — | — |
Top Co-Investors
Speedinvest4 shared
Earlybird Venture Capital3 shared
Felix Capital3 shared
Creandum3 shared
Merantix2 shared
Robin Capital2 shared
Planet A2 shared
Maersk Growth2 shared
Cherry Ventures2 shared
Movens Capital2 shared
Atomico1 shared
Elephant1 shared
Foresight Ventures1 shared
OTB Ventures1 shared
Valar Ventures1 shared
Porsche AG1 shared
Sofia Angels Ventures1 shared
Passion Capital1 shared
Story Ventures1 shared
HCVC1 shared
Last updated: 8 September 2026