Venture Investing
More than capital. A partner in value creation.
We take equity in promising businesses and work alongside their founders to grow revenue, margins and long-term value.
Pitch your ventureInvestment thesis
Small teams. Smart technology. Valuable companies.
AI changes the cost curve
Products that once required large teams can now be built and run by a few people. We back teams that use this deliberately.
Profit is a strategy
Businesses that reach profitability early control their own destiny — and become attractive to acquirers.
Value beyond valuation
We care about recurring revenue, normalised EBITDA and strategic fit more than headline valuations.
Sectors of interest
Where we look.
Indicative, not exclusive. A sharp problem and a reachable market matter more than a label.
- Vertical SaaS
- AI-native tools & agents
- Workflow automation
- B2B marketplaces
- Data & analytics products
- Developer tools
- Fintech enablement (non-regulated)
- Digital services for SMEs
How we invest
Flexible instruments, aligned incentives.
Direct equity
A minority stake through a capital increase.
Share acquisition
Purchase of existing shares from current shareholders.
Milestone-based options
The right to acquire equity when agreed milestones are reached.
Earn-in agreements
Equity earned progressively in exchange for capital, resources or contribution.
Conditional participation
Participation subject to defined conditions, structured case by case.
Each instrument has different legal and tax implications and is drafted individually with counsel. They are not interchangeable.
Milestone-based equity
Equity that follows progress.
- 01
Agree
We define measurable milestones together — product, customers, revenue.
- 02
Build
We contribute capital, frameworks and network as the company executes.
- 03
Earn
Equity is acquired as milestones are met. Both sides stay aligned.
Selection criteria
What we look for.
Value & exits
Value can be realised in more than one way.
Dividends from profitable companies, partial secondary sales, or an acquisition by a software company, industrial group or strategic buyer. EBITDA multiples are one possible valuation criterion among others — no exit, timing or multiple is ever guaranteed.
- A concrete, painful problem
- A reachable market
- Verifiable demand
- Predictable or recurring revenue potential
- Sustainable margins
- Low capital intensity
- Credible acquisition potential
- A committed, coachable team
Pitch your venture
Tell us what you're building.
We read every submission. If there's a fit, we'll come back to you to set up a first call.