What investment strategy does 42CAP focus on?

42CAP focuses on VC strategies in the private equity space.

How many portfolio companies does 42CAP have?

42CAP has 31 active portfolio companies and 5 completed exits and 3 funds tracked on GP Intel.

Where is 42CAP headquartered?

42CAP is headquartered in Munich, Germany.

What sectors does 42CAP invest in?

42CAP invests across Software, TMT, Healthcare.

What are 42CAP's recent exits?

Recent realized exits by 42CAP include: Kaia Health (2026) to Sword Health; Scoutbee (2025) to Coupa; Taxy.io (2025) to Visma; e-bot7 (2021) to LivePerson; Shine (2020) to Societe Generale.

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42CAP

Munich, Germany·Founded 2016·

Venture Capital

·42cap.com

42CAP is a Munich-based seed venture capital firm founded in 2016 by Thomas Wilke and Alex Meyer, former eCircle founders who exited to Teradata, joined by GPs Julian von Fischer and Moritz Zimmermann (Hybris/SAP). It backs data- and technology-driven B2B software companies across Europe at the seed stage, typically investing EUR 0.5-3 million as a first check.

AUM

–

Funds

vintages 2016–2025

Portfolio

Exits

42CAP is a Munich venture capital firm with 31 active companies and 5 exits.

SectorsSoftware TMT Healthcare

Key takeaways

·4 exits in the last 5 years · consistent DPI cadence.
·Average hold across 5 realized deals: 6 years.
·Fund cadence: ~5Y between vintages · last raise 2025.

Sector breakdown

36 companies

AI/ML

7 · 19%

SaaS

7 · 19%

Data & Analytics

5 · 14%

DevTools

3 · 8%

Fintech

2 · 6%

ClimateTech

2 · 6%

Software

2 · 6%

Deep Tech

2 · 6%

Geography breakdown

11 geographies

Germany

16 · 44%

France

5 · 14%

Sweden

3 · 8%

Spain

2 · 6%

Estonia

2 · 6%

Czech Republic

2 · 6%

Austria

2 · 6%

Switzerland

1 · 3%

Key facts

HQMunich, Germany

Founded2016

Employees6+

Website42cap.com

Recent exits

42CAP sold Kaia Health to Sword Health in 2026 after 10 years.

42CAP sold Scoutbee to Coupa in 2025 after 7 years.

42CAP sold Taxy.io to Visma in 2025 after 5 years.

42CAP sold e-bot7 to LivePerson in 2021 after 3 years.

Coverage notes

3 funds tracked, 36 portfolio companies (31 active · 5 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

Every fund 42CAP has raised, with its portfolio companies. Hand-checked from public filings.

3 funds

Fund

Strategy

Vintage

Size

Assets

Exits

42CAP IV

VC20256 assets

2025 · 1yr

–

Unrealized

6 held

Company	Entry
ARC Intelligence Fintech · Germany	2026
Ask.earth AI/ML · Switzerland	2025
Galtea AI/ML · Spain	2026
GridRaven ClimateTech · Estonia	2025
SCND SaaS · France	2023
Waypoint AI/ML · Czech Republic	2025

42CAP II

VC2019€50M22 assets3 exits

2019 · 7yr

€50M

Unrealized

22 held

Company	Entry
Accure ClimateTech · Germany	2020
Codesphere DevTools · Germany	2021
Cognee AI/ML · Germany	2026
Crosser Data & Analytics · Sweden	2019
Customs4Trade SaaS · Belgium	2019
DBTune Data & Analytics · Sweden	2023
Emporix SaaS · Germany	2021
Enlyze Data & Analytics · Germany	2020
Flowlity SaaS · France	2019
Go Autonomous AI/ML · Denmark	2022
Inceptron Deep Tech · Sweden	2023
Katana SaaS · Estonia	2020
KYP.ai Data & Analytics · Germany	2023
Leanspace Deep Tech · France	2022
Mostly AI AI/ML · Austria	2018
Nostos Genomics Biotech · Germany	2022
Operations1 SaaS · Germany	2018
Osavul Cybersecurity · Ukraine	2023
Qdrant AI/ML · Germany	2023
SimplyBlock Cloud Infrastructure · Germany	2024
Superface DevTools · Czech Republic	2020
WeWeb DevTools · France	2021

Realized

3 exits

Company	Entry	Exit	Type	Buyer	MOIC
e-bot7 Software · Germany	2018	2021	Trade Sale	LivePerson	–
Scoutbee Software · Germany	2018	2025	Trade Sale	Coupa	–
Taxy.io SaaS · Germany	2020	2025	Trade Sale	Visma	–

42CAP IActive

Evergreen20163 assets2 exits

Evergreen

2016 · 10yr

–

Unrealized

3 held

Company	Entry
Adverity Data & Analytics · Austria	2016
MoBerries HR Tech · Germany	2017
OnTruck Logistics · Spain	2016

Realized

2 exits

Company	Entry	Exit	Type	Buyer	MOIC
Kaia Health HealthTech · Germany	2016	2026	Trade Sale	Sword Health	–
Shine Fintech · France	2017	2020	Trade Sale	Societe Generale	–

Frequently asked questions

What investment strategy does 42CAP focus on?: 42CAP focuses on VC strategies in the private equity space.
How many portfolio companies does 42CAP have?: 42CAP has 31 active portfolio companies and 5 completed exits and 3 funds tracked on GP Intel.
Where is 42CAP headquartered?: 42CAP is headquartered in Munich, Germany.
When was 42CAP founded?: 42CAP was founded in 2016.
What sectors does 42CAP invest in?: 42CAP invests across Software, TMT, Healthcare.
What are 42CAP's recent exits?: Recent realized exits by 42CAP include: Kaia Health (2026) to Sword Health; Scoutbee (2025) to Coupa; Taxy.io (2025) to Visma; e-bot7 (2021) to LivePerson; Shine (2020) to Societe Generale.