Introduction
HV Capital, founded in 2000, is a leading venture capital firm in Europe, renowned for backing exceptional founders and market-leading digital companies. With over €2.8 billion in assets under management and investments in approximately 225 companies, HV Capital supports entrepreneurs from the earliest stages through all phases of growth.
The firm has a history of identifying and nurturing high-potential startups, helping them to scale and succeed in competitive markets. HV Capital’s portfolio includes some of Europe’s most successful tech companies, reflecting its deep expertise and long-term commitment to its investments.
Key Staff Members – Investors
Lars Langusch – Founding Partner
Christoph Jung – General Partner
Martin Weber – General Partner
Sven Achter – Founding Partner
Alexander Joel-Carbonell – Partner
Jan Miczaika – Partner
David Kuczek – Partner
Key (AEC) Tech Investments
Enpal
Enpal is at the forefront of the sustainable energy revolution, providing solar energy solutions primarily for residential properties. By simplifying the adoption of solar energy through an innovative subscription model, Enpal is transforming the way homes are powered, contributing to the decarbonization of the built environment.
HV Capital’s investment in Enpal underscores its commitment to supporting technologies that not only advance the AEC sector but also promote sustainability. Enpal has become one of the fastest-growing green tech companies in Europe, reflecting the success of this strategic investment.
Focus Area In Construction Tech
HV Capital focuses on a broad range of industries with a keen interest in digital companies that have the potential to disrupt traditional markets. Their investment areas include:
Consumer Internet
Companies that provide innovative online services and products, like Zalando and HelloFresh.
Fintech
Financial technology companies like SumUp and Upvest that offer groundbreaking solutions for financial services.
Healthcare
Investing in companies that provide advanced healthcare technologies and services.
Enterprise Software
B2B SaaS companies that enhance business operations and efficiencies.
Climate Tech
Supporting companies like Enpal that are driving the transition to sustainable energy sources.
Mobility
Firms like FlixBus that are innovating in the transportation sector.
Investment Strategy
HV Capital’s investment strategy is centered around long-term partnerships with visionary founders. They lead early-stage funding rounds with investments ranging from €0.5 to €10 million, and support growth-stage investments up to €60 million. Their approach is characterized by a willingness to invest substantial follow-on capital, up to €100 million per company, ensuring continuous support through various growth phases.
The firm’s strategy also emphasizes the creation of a supportive ecosystem for their portfolio companies. By leveraging their extensive network of business angels, co-investors, and industry experts, HV Capital fosters collaboration and growth within their portfolio. Additionally, their introduction of a continuation fund in 2022 highlights their commitment to providing long-term support beyond the typical investment horizon, ensuring that companies can achieve their full potential.
Investment Metrics
Correct as of August 2024.
AEC-Tech Activity
Number of early AEC-Tech Unicorns: 0
AEC-Tech Rank: 19
Deal Activity
Number of deals in last 12 months (incl. follow-ons): 26
Number of deals per year in last 3 years (average, incl. follow-ons): 30
