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AM Ventures

AM Ventures

Starnberg, Germany·Founded 2015··amventures.com

AM Ventures is a Starnberg-based venture capital firm founded in 2015 by Arno Held and Johann Oberhofer, backed by the Langer Group (the family behind additive-manufacturing pioneer EOS). It is the leading specialist VC dedicated exclusively to industrial 3D printing / additive manufacturing, investing from seed to early growth in hardware, software, materials and AM applications globally, with ticket sizes from around EUR 0.5m to EUR 3m. After investing off the founders and Langer Group balance sheet from inception, the firm institutionalised in 2021-2022 with an oversubscribed EUR 100m fund raised alongside asset manager KGAL. As of 2026 it has backed 20-plus companies across seven countries and three continents, with notable exits including Cubicure (to Align Technology) and Additive Works (to 3D Systems).

AUM
–
Funds
2
vintages 2015–2021
Portfolio
16
Exits
2

AM Ventures is a Starnberg venture capital firm with 16 active companies and 2 exits.

Key takeaways
  • ·Top sector focus: Industrials (72% of portfolio).
  • ·Fund cadence: ~6Y between vintages · last raise 2021.

Sector breakdown

18 companies
Industrials
13 · 72%
Deep Tech
1 · 6%
SaaS
1 · 6%
Software
1 · 6%
MedTech
1 · 6%
Aerospace & Defence
1 · 6%

Geography breakdown

6 geographies
Germany
8 · 44%
US
3 · 17%
Austria
3 · 17%
Switzerland
2 · 11%
UK
1 · 6%
Australia
1 · 6%

Key facts

HQStarnberg, Germany
Founded2015
Employees8+

Recent exits

Cubicure

AM Ventures sold Cubicure to Align Technology in 2024 after 9 years.

AM Ventures sold Additive Works to 3D Systems in 2021 after 4 years.

Partners

Arno G. HeldManaging Partner (Co-Founder)

Coverage notes

2 funds tracked, 18 portfolio companies (16 active · 2 realized). Verified weekly from public filings and deal announcements.

Investment team

Senior partners. Hand-checked from public filings and the firm's own site.

Arno G. Held
Managing Partner (Co-Founder)

Funds & portfolio

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

2 funds
AM Ventures Fund
VC2021€100M5 assets

Unrealized

5 held
CompanyEntry
Evove
Industrials · UK
2023
Fortius Metals
Industrials · US
2022
Headmade Materials
Industrials · Germany
2021
MetShape
Industrials · Germany
2021
Scrona
Deep Tech · Switzerland
2021
AM Ventures Founding VehicleActive
Evergreen201511 assets2 exits

Unrealized

11 held
CompanyEntry
3yourmind
SaaS · Germany
2015
Additive Drives
Industrials · Germany
2020
Conflux Technology
Industrials · Australia
2017
DyeMansion
Industrials · Germany
2015
Elementum 3D
Industrials · US
2017
Incus
Industrials · Austria
2019
Lean Plastics Technologies
Industrials · Germany
2018
LightForce
MedTech · US
2017
Lithoz
Industrials · Austria
2014
Spectroplast
Industrials · Switzerland
2019
Vectoflow
Aerospace & Defence · Germany
2015

Realized

2 exits
CompanyEntryExitTypeBuyerMOIC
Additive Works
Software · Germany
20172021Trade Sale3D Systems–
Cubicure
Industrials · Austria
20152024Trade SaleAlign Technology–

Frequently asked questions

What investment strategy does AM Ventures focus on?
AM Ventures focuses on VC strategies in the private equity space.
How many portfolio companies does AM Ventures have?
AM Ventures has 16 active portfolio companies and 2 completed exits and 2 funds tracked on GP Intel.
Where is AM Ventures headquartered?
AM Ventures is headquartered in Starnberg, Germany.
When was AM Ventures founded?
AM Ventures was founded in 2015.
What sectors does AM Ventures invest in?
AM Ventures invests across Industrials, Software, Healthcare.
What are AM Ventures's recent exits?
Recent realized exits by AM Ventures include: Cubicure (2024) to Align Technology; Additive Works (2021) to 3D Systems.
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Last updated July 2026 · Sourced from public filings · Report an issue