Berlin-based startup accelerator and early-stage investor that builds and scales internet companies, having incubated startups such as Delivery Hero. Also operated as an early-stage venture investor, launching a €6M fund for internet and mobile startups before spinning off its investment activities into Point Nine Capital.
Their most common stage is series-a (50% of deals). Average disclosed round size is $89.3M (across 4 rounds with reported amounts).
Portfolio
8
Fund Size
—
Top Stage
Series A
Last 12 Mo
0
Team
MK
Mario Kaloustian
Managing Director, Private Equity Team Europe
LG
Lukasz Gadowski
Founder and Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
8 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Mercato | Series A | $26M | Apr 2021 |
 X Shore | Growth | — | Apr 2021 |
 Volocopter | Series D | $241M | Mar 2021 |
| IIncari | Series A | — | Jan 2021 |
 Miles | Series A | — | Mar 2019 |
 Delivery Hero | Series F | $85M | Apr 2014 |
| MmyGengo | Series A | $5.3M | Jan 2011 |
| MMiles Mobility | Unknown | — | — |
Top Co-Investors
WestTech Ventures3 shared
Point Nine Capital2 shared
Japan Airlines1 shared
MS&AD Ventures1 shared
Translink Capital1 shared
Seventure Partners1 shared
Nexus Venture Partners1 shared
XYZ Venture Capital1 shared
Liil Ventures1 shared
Scrum Ventures1 shared
TechNexus Venture Collaborative1 shared
Kreos Capital1 shared
Luxor Capital Group1 shared
Tengelmann Ventures1 shared
Arkitekt Ventures1 shared
Phenomen Ventures1 shared
RTP Global1 shared
Insight Partners1 shared
Valiant Capital1 shared
Continental1 shared
Last updated: 7 October 2026