About 42 Capital
42 Capital is a venture capital firm founded in 2016. It is primarily based out of Munich, Germany. As of Oct 2026, 42 Capital is an active investor, having invested in 59 companies, with 9 new investments in the last 12 months. It primarily invests in Seed round in Germany based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and FinTech. Most recently it participated in the $***** Seed round of Deepslate Overall, 42 Capital portfolio has seen 10 acquisitions including key companies like Kaia Health, Shine and Scoutbee. A lot of funds co-invest with 42 Capital, with names like Venture Kick sharing a substantial percentage of its portfolio. 42 Capital has team of 14 people including 5 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Seed, Series A & 1 more
Portfolio Acquisitions
42 Capital's List of Top Investments
42 Capital has a portfolio of 59 companies. Their most notable investments are in e-bot7 and Operations1.Their portfolio spans across Germany, France, United States and 12 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 19 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by 42 Capital:
1. Kaia Health
Provider of digital musculoskeletal pain management solutions. It offers AI-powered digital therapy complemented by human care, including access to licensed physical therapists and certified coaches. Care plans incorporate physical exercises, relaxation techniques, and educational resources tailored to individual needs. The platform utilizes technology beyond tele-PT and sensors, providing real-time exercise feedback and gamified elements. The solution addresses back, joint, and chronic pain.
Key facts about Kaia Health
- Founded Year: 2016
- Location: New York City (United States)
- Stage: Acquired
- Total Funding till date: $125M
- Employee Count: 72 as on Sep 30, 2026
- Investors: Flying Health, Start2 and 17 Others
- Latest Funding Round: Series C, Apr 28, 2021, $*****
- Highlight: Acquired
2. Qdrant
Developer of vector search engine for AI retrieval and similarity matching. The engine supports hybrid dense and sparse retrieval with metadata filtering and real-time updates. It offers solutions for recommendation systems, semantic search, data analysis, and AI agents. The engine is designed for speed, accuracy, and scalability, suitable for various deployment models.
Key facts about Qdrant
- Founded Year: 2020
- Location: Berlin (Germany)
- Stage: Series B
- Total Funding till date: $87.8M
- Employee Count: 157 as on Sep 30, 2026
- Investors: Spark Capital, 42 Capital and 17 Others
- Latest Funding Round: Series B, Mar 12, 2026, $*****
- Highlight: Editors' Pick
3. Shine
Provider of online professional accounts and related financial management tools. They offer business accounts with associated services like payment processing and expense management. Their platform provides tools for invoicing, bookkeeping, and team spending oversight. The company aims to streamline financial tasks for businesses.
Key facts about Shine
- Founded Year: 2017
- Location: Paris (France)
- Stage: Acquired
- Total Funding till date: $12.5M
- Employee Count: 382 as on Aug 31, 2026
- Investors: Kima Ventures, 42 Capital and 4 Others
- Latest Funding Round: Series A, Sep 04, 2018, $*****
- Highlight: Acquired
4. Katana
Developer of cloud-based inventory management software for product businesses. This platform provides tools for inventory, production, and order management, enabling businesses to track stock levels, manage manufacturing workflows, and sync sales across multiple channels. The software integrates with e-commerce, accounting, and shipping tools to automate operations and provide real-time visibility into stock, materials, and finished goods.
Key facts about Katana
Provider of a software company that provides predictive battery analytics solutions to optimize the performance and safety of battery systems in energy storage, electric vehicles, and other industries.
Key facts about ACCURE Battery Intelligence
- Founded Year: 2020
- Location: Aachen (Germany)
- Stage: Series B
- Total Funding till date: $34.5M
- Employee Count: 82 as on Sep 30, 2026
- Investors: HSBC, 42 Capital and 11 Others
- Latest Funding Round: Series B, Jul 17, 2026, $*****
- Highlight: Editors' Pick
42 Capital's Year-on-Year Investment Trends
42 Capital has invested in 59 companies over the last 9 years, with an average of 6 new investments annually in the last 5 years. In 2025, it made 9 investments, while as of Oct 2026, it has made 11 investments in this year. Its most recent first time investment was in Deepslate and most recent follow-on round was in Osavul.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 8 | 3 | 11 |
2025 | 6 | 3 | 9 |
2024 | 3 | 3 | 6 |
2023 | 5 | 3 | 8 |
2022 | 6 | 7 | 13 |
2021 | 7 | 5 | 12 |
2020 | 5 | 4 | 9 |
2019 | 4 | 5 | 9 |
2018 | 6 | 0 | 6 |
2017 | 3 | 0 | 3 |
42 Capital's Investments by Stage
42 Capital has made 36 investments in Seed stage with an average round size of $3.13M, 16 investments in Series A stage with an average round size of $6.42M and 1 investment in Series B stage.Stage of entry | No. of Investments |
|---|---|
Seed | 36 |
Series A | 16 |
Series B | 1 |
Note: We have considered here, only first round of investments
42 Capital's Investments by Sector
42 Capital has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Enterprise Infrastructure, Vertical SaaS and FinTech. Notably, it has invested in 55 Enterprise (B2B) companies, 55 Tech companies, 49 Software companies and at least 33 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 46 |
High Tech | 16 |
Enterprise Infrastructure | 9 |
Vertical SaaS | 9 |
FinTech | 6 |
Others | 39 |
Note: We have considered here, only first round of investments
42 Capital's Investments by Geography
42 Capital has made most investments in Germany (20), followed by France where it has made 6 investments.Country | No. of Investments |
|---|---|
Germany | 20 |
France | 6 |
United States | 6 |
Austria | 3 |
Sweden | 3 |
Others | 15 |
Note: We have considered here, only first round of investments
42 Capital's recent investments
42 Capital has made 11 investments in 2026 so far. Deepslate and Osavul are the latest among them.Here are the most recent investments by 42 Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 01, 2026 | Germany | Seed | 3918 | [+1] | |
Oct 01, 2026 | Ukraine | Series A | 9401 | [+2] | |
Sep 29, 2026 | France | Series A | 4011 | [+4] | |
Sep 24, 2026 | Germany | Series A | 7973 | [+1] | |
Jul 06, 2026 | Germany | Seed | 7805 | [+1] |
Acquired companies in 42 Capital's Portfolio
10 companies from 42 Capital's portfolio have been acquired. The most recent acquisition was Teemyco in Feb 2026 by SpatialChat for $*****.Here are 42 Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 18, 2026 | Jun 04, 2021 | Series A | 7602 | |
Jan 29, 2026 | Jan 21, 2019 | Series A | 3129 | |
Oct 06, 2025 | Nov 05, 2018 | Series A | 3192 | |
Aug 22, 2025 | Dec 18, 2020 | Seed | 6833 | |
Apr 29, 2025 | Dec 04, 2018 | Series A | 6582 |
Team profile of 42 Capital
42 Capital has a team of 14 members including 5 Partners, 3 Venture Partners and 1 Principal located in Germany, United Kingdom and 1 more location. 42 Capital's team sits on the board of 1 company.Here is a list of top team members in 42 Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Munich | - | - | |
Partner | London | - | - | |
Partner | Munich | - | - | |
Partner | Munich | - | ||
Partner | London | - | - | |
Venture Partner | San Francisco | - | - | |
Venture Partner | New York City | |||
Venture Partner | Munich | - | - | |
Principal | Munich | - | - |
Co-investors of 42 Capital
Over the past 9 years, 261 investors have co-invested in 42 Capital's portfolio companies. This includes funds and angels.
- Invested before 42 Capital: Antler, IBB Ventures and 45 others have invested in rounds before 42 Capital. There are 2 companies where Antler has invested before 42 Capital and 2 companies where IBB Ventures has invested before 42 Capital.
- Top Co-investors of 42 Capital: 112 investors entered a company along with 42 Capital. These include investors like Venture Kick (3 companies).
- Invested after 42 Capital: A total of 102 investors have invested in 42 Capital's portfolio after their investments. Top Investors include Atomico (2 companies), ISAI (2 companies) and Optum Ventures (1 company).
Recent News related to 42 Capital
•
Deepslate Raises €7.7M Seed Funding to Scale European Voice AI PlatformThe SaaS News•Oct 01, 2026•Deepslate, 42 Capital, Alstin Capital
•
Marble Raises €6.5M Series A to Expand AI-Powered Fraud Detection and AML Compliance PlatformThe SaaS News•Sep 29, 2026•Marble, SmartFin, Marble, Hexa and 2 others
•
Kontext Security Emerges With $4 Million for AI Agent Runtime ControlsSecurityWeek•Sep 24, 2026•Kontext, 42 Capital
•
ARC Intelligence Raises €4M Seed Funding to Scale AI-Native Finance PlatformTech.eu•Jul 07, 2026•42 Capital, 468 Capital, IBB Ventures, ARC Intelligence
•
ALP Bio Raises $2.2M Pre-seed To Improve Antibody Development With AIStartup Rise EU•May 01, 2026•ALP, 42 Capital
•
Quillon Raises $1.5M to Develop Audit-Grade AI for Accounting WorkflowsStartup Rise EU•Apr 24, 2026•42 Capital
•
RCD advises Galtea on funding round led by 42CAPIberianlawyer•Apr 10, 2026•Galtea, Mozilla Ventures, 42 Capital
•
Barcelona’s Galtea Secures €2.7M From Mozilla Ventures To Boost AI Evaluation PlatformStartup Rise EU•Mar 25, 2026•Galtea, Mozilla Ventures, Abac Capital, JME Venture Capital and 3 others
•
Qdrant raises $50M to bring flexible vector search to production AI systemsSiliconAngle•Mar 12, 2026•Qdrant, Advance Venture Partners, Unusual Ventures, Robert Bosch Venture Capital and 6 others
•
Cognee Raises $7.5M to Build Long-Term Memory for AI AgentsTrending Topics•Feb 19, 2026•Cognee, Pebblebed, 42 Capital