Yttrium
Yttrium is a Munich-based B2B technology growth equity investor that partners with management teams of fast-growing software and software-enabled services companies to scale them internationally. Founded in 2015 as Digital+ Partners, the firm rebranded to Yttrium on 1 January 2023 and focuses on the industrial-technology and financial-services-technology verticals, writing growth-equity checks of up to EUR 50 million per company including follow-ons. It manages over EUR 750 million across two Digital Growth Funds and maintains offices in Munich, Frankfurt and London.
Yttrium is a Munich growth equity firm with €750M AUM, 21 active companies and 6 exits.
- ·6 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 6 realized deals: 5 years.
- ·Top sector focus: SaaS (30% of portfolio).
- ·Fund cadence: ~5Y between vintages · last raise 2023.
Sector breakdown
27 companiesGeography breakdown
9 geographiesKey facts
Recent exits
Yttrium sold Starmind to Capacity in 2026 after 8 years.
Yttrium sold Ftapi to Tikehau Capital / Armira Growth in 2025 after 4 years.
Yttrium sold InMindCloud to Zilliant in 2023 after 4 years.
Yttrium sold Logpoint to Summa Equity in 2023 after 3 years.
Coverage notes
2 funds tracked, 27 portfolio companies (21 active · 6 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund Yttrium has raised, with its portfolio companies. Hand-checked from public filings.
Digital Growth Fund IIGrowth2023€403M5 assetsGrowth2023 · 3yr€403M5–
Unrealized
5 held| Company | Entry |
|---|---|
| ApprovalMax Fintech · UK | 2024 |
| Capacity AI/ML · US | 2025 |
| Embotech Deep Tech · Switzerland | 2024 |
| Eye-Able SaaS · Germany | 2024 |
| i6 SaaS · UK | 2025 |
Digital Growth Fund IGrowth2018€349M16 assets6 exitsGrowth2018 · 8yr€349M166
Unrealized
16 held| Company | Entry |
|---|---|
| Anyline AI/ML · Austria | 2021 |
| casavi PropTech · Germany | 2021 |
| CleverConnect SaaS · France | 2021 |
| eStoreMedia Data & Analytics · Poland | 2021 |
| HeyJobs HR Tech · Germany | 2022 |
| interop.io Fintech · UK | 2019 |
| movingimage SaaS · Germany | 2016 |
| NavVis Deep Tech · Germany | 2017 |
| Pricefx SaaS · Germany | 2018 |
| PriceHubble Data & Analytics · Switzerland | 2021 |
| quantilope Data & Analytics · Germany | 2020 |
| Seven Senders Logistics · Germany | 2019 |
| Truce Software SaaS · US | 2018 |
| Upsun Cloud Infrastructure · France | 2022 |
| VMRay Cybersecurity · Germany | 2019 |
| Zencargo Logistics · UK | 2021 |
Realized
6 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Ftapi Cybersecurity · Germany | 2021 | 2025 | Secondary | Tikehau Capital / Armira Growth | – |
| InMindCloud SaaS · Singapore | 2019 | 2023 | Trade Sale | Zilliant | – |
| Logpoint Cybersecurity · Denmark | 2020 | 2023 | Secondary | Summa Equity | – |
| orderbird Fintech · Germany | 2016 | 2022 | Trade Sale | Nexi Group | – |
| riskmethods SaaS · Germany | 2017 | 2022 | Trade Sale | Sphera | – |
| Starmind AI/ML · Switzerland | 2018 | 2026 | Trade Sale | Capacity | – |
Frequently asked questions
- What investment strategy does Yttrium focus on?
- Yttrium focuses on Growth strategies in the private equity space.
- How many portfolio companies does Yttrium have?
- Yttrium has 21 active portfolio companies and 6 completed exits and 2 funds tracked on GP Intel.
- Where is Yttrium headquartered?
- Yttrium is headquartered in Munich, Germany.
- What is Yttrium's assets under management?
- Yttrium manages approximately €750M in assets under management.
- When was Yttrium founded?
- Yttrium was founded in 2015.
- What sectors does Yttrium invest in?
- Yttrium invests across Software, TMT, Business Services, Financials.
- What are Yttrium's recent exits?
- Recent realized exits by Yttrium include: Starmind (2026) to Capacity; FTAPI (2025) to Tikehau Capital / Armira Growth; InMindCloud (2023) to Zilliant; Logpoint (2023) to Summa Equity; orderbird (2022) to Nexi Group; riskmethods (2022) to Sphera.
Similar firms
Other private equity firms tracked on GP Intel.