About AB1204
AB1204 is a venture capital firm founded in 2010. It is primarily based out of Germany. As of Jul 2022, AB1204 has invested in 23 companies. It primarily invests in Seed round in Germany based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Retail and FinTech. Most recently it participated in the $***** Seed round of Rex Overall, AB1204 portfolio has seen 2 acquisitions, namely Zavvy and Pacifico Renewables Yield. A lot of funds co-invest with AB1204, with names like Picus Capital sharing a substantial percentage of its portfolio. AB1204 has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio Acquisitions
Portfolio Soonicorns
AB1204's List of Top Investments
AB1204 has a portfolio of 23 companies. Their most notable investments include Entrix and WorkMotion.Their portfolio spans across Germany, United Kingdom, Italy and 3 more locations. They have invested in Enterprise Applications, Retail, FinTech and 16 other sectors, across stages such as Seed stage. Here is the list of top investments by AB1204:
1. Entrix
Optimization and trading platform for energy storage. It focuses on maximizing the value of energy assets by marketing their capacity across various revenue streams, including frequency response and wholesale markets. The company emphasizes a balanced approach that considers both financial returns and the wear and degradation of the asset, ensuring optimal returns throughout its operational lifetime.
Key facts about Entrix

2. WorkMotion
Cloud-based platform for HRMS suite. The features include hiring employees, payroll management, benefits administration packages, employee onboarding, and more. The platform offers tools for managing employee benefits, employment contracts, international labor law, taxes, etc. Monetizes through subscription-based plans.
Key facts about WorkMotion
- Founded Year: 2020
- Location: Berlin (Germany)
- Annual Revenue: €1M - €10M as on Dec 31, 2024
- Stage: Series B
- Total Funding till date: $64M
- Employee Count: 219 as on May 31, 2026
- Investors: GR Capital, Heliad and 12 Others
- Latest Funding Round: Series B, Jun 23, 2022, $*****
- Highlight: Editors' Pick

3. Hive
Provider of end-to-end operations platform for direct-to-consumer and B2B growth. The platform offers order and inventory management, fulfillment, delivery, and freight services. It provides integrations to connect stores, tools, and carriers to centralize operations. The platform also offers delivery promise, European expansion, tracking and returns, custom packaging, and growth manager services.
Key facts about Hive
- Founded Year: 2020
- Location: Berlin (Germany)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $72M
- Employee Count: 476 as on May 31, 2026
- Investors: Tiger Global Management, Activant Capital and 8 Others
- Latest Funding Round: Series A, Jun 24, 2024, $*****
- Highlight: Editors' Pick
Key facts about Selina Finance
- Founded Year: 2019
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $91.5M
- Employee Count: 101 as on May 31, 2026
- Investors: HW Capital, Broadhaven Ventures and 7 Others
- Latest Funding Round: Conventional Debt, Feb 07, 2022, $*****

5. Napo
Key facts about Napo
- Founded Year: 2021
- Location: London (United Kingdom)
- Annual Revenue: £1M - £10M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $37.9M
- Employee Count: 113 as on May 31, 2026
- Investors: FJ Labs, b2venture and 27 Others
- Latest Funding Round: Series B, Feb 26, 2025, $*****
- Highlight: Editors' Pick
AB1204's Year-on-Year Investment Trends
AB1204 has invested in 23 companies over the last 7 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Rex and most recent follow-on round was in UNCOVER Clinics.AB1204's Investments by Stage
AB1204 has made 2 investments in Seed stage with an average round size of $5.74M.AB1204's Investments by Sector
AB1204 has a diverse portfolio, with companies operating in the Consumer, HealthTech, Healthcare and Retail. Notably, it has invested in 16 Tech companies, 10 Enterprise (B2B) companies, 9 Software companies and at least 8 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Consumer | 1 |
HealthTech | 1 |
Healthcare | 1 |
Retail | 1 |
Note: We have considered here, only first round of investments
AB1204's Investments by Geography
AB1204 has made most investments in Germany (1), followed by India where it has made 1 investment.AB1204's recent investments
AB1204 has not made any investment in 2026 so far.Here are the most recent investments by AB1204:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 18, 2022 | Germany | Seed | 9360 | [+7] | |
May 20, 2021 | India | Seed | 6078 | [+14] | |
Jun 15, 2019 | India | Seed | 4542 | [+15] |
Acquired companies in AB1204's Portfolio
2 companies from AB1204's portfolio have been acquired. The most recent acquisition was Zavvy in Feb 2024 by Deel for $*****.Here are AB1204's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 28, 2024 | - | - | 8691 | |
Mar 24, 2023 | - | - | 3479 |
Team profile of AB1204
AB1204 has a team of 1 member. AB1204's team does not sit on the board of any company as of now.Co-investors of AB1204
Over the past 7 years, 62 investors have co-invested in AB1204's portfolio companies. This includes funds and angels.
- Invested before AB1204: Anvaya Ventures, LetsVenture and 27 others have invested in rounds before AB1204. There is 1 company where Anvaya Ventures has invested before AB1204 and 1 company where LetsVenture has invested before AB1204.
- Top Co-investors of AB1204: 18 investors entered a company along with AB1204. These include investors like Picus Capital (2 companies).
- Invested after AB1204: A total of 15 investors have invested in AB1204's portfolio after their investments. Top Investors include Akshay Ghulati (1 company), Prewin (1 company) and Alkemi Growth Capital (1 company).

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