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SquareOne

SquareOne

Berlin, Germany·Founded 2010··squareone.vc

SquareOne (formerly Paua Ventures, founded 2010 in Berlin) is an early-stage German venture capital firm investing at pre-seed and seed in B2B enterprise software, SaaS and deeptech founders across Europe. It has invested in more than 40 startups including Stripe, Pipedrive, Wandelbots and Detectify, and launched its EUR 100M third fund (SquareOne III) in December 2022.

AUM
€180M
Funds
2
vintages 2015–2022
Portfolio
26
Exits
7

Key facts

HQBerlin, Germany
Founded2010

Recent exits

Deed
HR Tech2026 · 6yr hold
Noscendo
HealthTech2026 · 6yr hold
Inai
Inai
Fintech2025 · 4yr hold
Detectify
Cybersecurity2024 · 9yr hold

Coverage notes

2 funds tracked, 33 portfolio companies (26 active · 7 realized). Verified weekly from public filings and deal announcements.

Sector breakdown

33 companies
Software
7 · 21%
SaaS
5 · 15%
Deep Tech
4 · 12%
Fintech
3 · 9%
Cybersecurity
2 · 6%
Industrials
2 · 6%
HealthTech
2 · 6%
ClimateTech
1 · 3%

Funds & portfolio

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

2 funds
SquareOne IIIVC
2022 · 4yr€100M14 active

Unrealized

14 held
Anytype
AnytypeActive
SoftwareGermany· Entry 2023
AtmioActive
ClimateTechGermany· Entry 2024
EnergyGermany· Entry 2025
CybersecurityGermany· Entry 2021
FlinnActive
MedTechAustria· Entry 2024
BiotechAustria· Entry 2025
Hero
HeroActive
FintechFrance· Entry 2022
PartsCloud
PartsCloudActive
LogisticsGermany· Entry 2025
ProcurosActive
SaaSGermany· Entry 2022
PyneActive
SaaSGermany· Entry 2022
Semron
SemronActive
Deep TechGermany· Entry 2024
Ultralytics
UltralyticsActive
SoftwareUS· Entry 2025
Xolo
XoloActive
IndustrialsGermany· Entry 2021
ZuriQActive
Deep TechSwitzerland· Entry 2025
Paua Ventures Fund IVC
2015 · 11yr€55M12 active · 7 realized

Unrealized

12 held
Codasip
CodasipActive
Deep TechGermany· Entry 2018
Consentio
ConsentioActive
SoftwareSpain· Entry 2017
FireStart
FireStartActive
SoftwareAustria· Entry 2020
Hygraph
HygraphActive
SoftwareGermany· Entry 2020
Keelvar
KeelvarActive
SoftwareIreland· Entry 2020
LhotseActive
SaaSGermany· Entry 2021
Outfunnel
OutfunnelActive
SaaSEstonia· Entry 2020
Relimetrics
RelimetricsActive
AI/MLGermany· Entry 2018
Retorio
RetorioActive
SoftwareGermany· Entry 2020
Stripe
StripeActive
FintechUS· Entry 2015
TylkoActive
ConsumerPoland· Entry 2017
Wandelbots
WandelbotsActive
IndustrialsGermany· Entry 2018

Realized

7 exits
DeedExited 2026
HR TechUS· Entry 2020
Trade Saleto
DetectifyExited 2024
CybersecuritySweden· Entry 2015
Secondaryto
Inai
InaiExited 2025
FintechIndia· Entry 2021
Trade Saleto
NoscendoExited 2026
HealthTechGermany· Entry 2020
Trade Saleto
PipedriveExited 2020
SaaSEstonia· Entry 2015
Secondaryto
SilexicaExited 2021
Deep TechGermany· Entry 2017
Trade Saleto
WellabeExited 2024
HealthTechGermany· Entry 2020
Trade Saleto
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Last updated July 2026 · Sourced from public filings · Report an issue