Alstin Capital
Alstin Capital is a Munich-based early-stage venture capital firm founded by German entrepreneur Carsten Maschmeyer that backs late-seed and Series A B2B software companies across Europe, with a focus on fintech, insurtech, regtech, cybersecurity and climate tech.
AUM
€283M
Funds
3
vintages 2015–2024
Portfolio
19
Exits
3
Key facts
Recent exits
Coverage notes
3 funds tracked, 22 portfolio companies (19 active · 3 realized). Verified weekly from public filings and deal announcements.
Sector breakdown
22 companiesFintech
7 · 32%
SaaS
4 · 18%
AI/ML
3 · 14%
ClimateTech
2 · 9%
Cybersecurity
2 · 9%
Software
2 · 9%
Logistics
1 · 5%
E-commerce
1 · 5%
Funds & portfolio
Every fund Alstin Capital has raised, with its portfolio companies. Hand-checked from public filings.
3 funds
ALSTIN IIIVC2024 · 2yr€175M11 active
Unrealized
11 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| AI/ML |  Sweden | 2026 | |
| Fintech | Sweden | 2026 | |
| AI/ML |  Germany | 2026 | |
| ClimateTech | Germany | 2025 | |
| ClimateTech | Germany | 2024 | |
| SaaS |  Switzerland | 2024 | |
| Cybersecurity |  Spain | 2026 | |
| Fintech |  Netherlands | 2024 | |
| Cybersecurity | Germany | 2026 | |
| SaaS |  Belgium | 2026 | |
| AI/ML | Germany | 2026 |
AgatonActive
AI/MLSweden· Entry 2026
Sweden· Entry 2026Bits TechnologyActive
FintechSweden· Entry 2026
Sweden· Entry 2026BlockbrainActive
AI/MLGermany· Entry 2026
Germany· Entry 2026ClimatiqActive
ClimateTechGermany· Entry 2025
Germany· Entry 2025EtalyticsActive
ClimateTechGermany· Entry 2024
Germany· Entry 2024FlowitActive
SaaSSwitzerland· Entry 2024
Switzerland· Entry 2024NeuralTrustActive
CybersecuritySpain· Entry 2026
Spain· Entry 2026NORBrActive
FintechNetherlands· Entry 2024
Netherlands· Entry 2024SecfixActive
CybersecurityGermany· Entry 2026
Germany· Entry 2026TimefoldActive
SaaSBelgium· Entry 2026
Belgium· Entry 2026VoicelineActive
AI/MLGermany· Entry 2026
Germany· Entry 2026ALSTIN IIVC2017 · 9yr€108M8 active · 2 realized
Unrealized
8 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Fintech | Germany | 2022 | |
| SaaS | Germany | 2023 | |
| Fintech | Germany | 2020 | |
| Fintech | Germany | 2020 | |
| Fintech | Germany | 2023 | |
| Logistics |  Austria | 2022 | |
| SaaS | Germany | 2022 | |
| Software | Germany | 2020 |
CirculaActive
FintechGermany· Entry 2022
Germany· Entry 2022DeskbirdActive
SaaSGermany· Entry 2023
Germany· Entry 2023NectActive
FintechGermany· Entry 2020
Germany· Entry 2020NeodigitalActive
FintechGermany· Entry 2020
Germany· Entry 2020PliantActive
FintechGermany· Entry 2023
Germany· Entry 2023QuivoActive
LogisticsAustria· Entry 2022
Austria· Entry 2022RetracedActive
SaaSGermany· Entry 2022
Germany· Entry 2022UsercentricsActive
SoftwareGermany· Entry 2020
Germany· Entry 2020Realized
2 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Software | Germany | 2018 | 2021 | Trade Sale | – | ||
| E-commerce | Germany | 2021 | 2023 | Trade Sale | – |
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Last updated August 2026 · Sourced from public filings · Report an issue