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Tengelmann Ventures is an early-stage venture capital firm that focuses on empowering entrepreneurs in the DACH region. They invest in innovative B2B and B2C companies aiming to preserve life and the environment, simplify everyday life, and individualize products and services to meet evolving needs.
33% of their portfolio is in E-Commerce & Marketplace. Deal activity decreased year-over-year (1 deals in the last 12 months vs 2 prior). Their most common stage is series-b (42% of deals). Average disclosed round size is $44.6M (across 11 rounds with reported amounts).
Portfolio
12
Fund Size
—
Top Stage
Series B
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
12 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Edurino | Series B | $17M | Jul 2025 |
 Marvel Fusion | Series B | $50M | Mar 2025 |
| Marvel Fusion | Series B | $67.8M | Sep 2024 |
| Edurino | Series A | $10.5M | Mar 2023 |
| NNo Meat Factory | Series B | $42M | Jan 2023 |
| CCarmudi | Series B | $10M | Jan 2018 |
| EEasy Taxi | Series D | $40M | Jul 2014 |
| PPricePanda | Seed | $3M | Jan 2014 |
 Lazada | Series D | $100M | Jun 2013 |
| LLamoda | Growth | $130M | Jun 2013 |
| SSumUp | Series A | $20M | Aug 2012 |
| IIDAGIO | Unknown | — | — |
Top Co-Investors
Btov3 shared
HV Capital3 shared
DNS Capital2 shared
FJ Labs2 shared
Summit Partners2 shared
Bayern Kapital2 shared
Macquarie Capital1 shared
Emerge1 shared
G-Fund1 shared
Phenomen Ventures1 shared
Verlinvest1 shared
Access Industries1 shared
Deutsche Telekom1 shared
Earlybird Venture Capital1 shared
SPRIND1 shared
EQT Ventures1 shared
Emil Capital Partners1 shared
Emerge Education1 shared
Last updated: 15 April 2026