About Freigeist Capital
Freigeist Capital is a venture capital firm founded in 2010. It is primarily based out of Bonn, Germany. As of Feb 2025, Freigeist Capital has invested in 40 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 High Tech and Consumer. Most recently it participated in the $***** Seed round of Collie Overall, Freigeist Capital portfolio has seen 1 unicorn, 1 IPO and 7 acquisitions including key companies like FREE NOW, Lilium and EnduroSat. A lot of funds co-invest with Freigeist Capital, with names like Thrive Capital sharing a substantial percentage of its portfolio. Freigeist Capital has team of 6 people including 5 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio IPOs
Portfolio Unicorns
Freigeist Capital's List of Top Investments
Freigeist Capital has a portfolio of 40 companies, one of which is a Unicorn. Their most notable investments are in Akina and EnduroSat.Their portfolio spans across Germany, Netherlands, Bulgaria and 4 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 24 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Freigeist Capital:
1. FREE NOW
App-based ride-hailing and multi-category vehicle sharing platform. Users can find and book their ride by providing the pickup and drop location, vehicle type, and more. It also has several features like live tracking of the ride, shares the live location to friends and families, pre-booking of taxies, and more. Also, it offers electric kick scooter sharing, car-sharing services, and more. The mobile app is available for both Android and iOS devices.
Key facts about FREE NOW
- Founded Year: 2009
- Location: Hamburg (Germany)
- Annual Revenue: €1M - €10M as on Dec 31, 2017
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $79.5M
- Employee Count: 1,718 as on Aug 31, 2026
- Investors: Atomico, Phenomen Ventures and 10 Others
- Latest Funding Round: Series B, Dec 01, 2014, $*****
- Highlight: Acquired
2. Pitch
Open platform for presentations and content collaboration. It is a platform for enterprises to create and share presentations. Designers and creators will be able to upload presentation templates, as well as prepare presentations themselves, to help other people get started in creating their own presentations. Provides subscription-based pricing model.
Key facts about Pitch
- Founded Year: 2018
- Location: Berlin (Germany)
- Annual Revenue: €1M - €10M as on Dec 31, 2022
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $137M
- Employee Count: 76 as on Aug 31, 2026
- Investors: Salesforce Ventures, Lakestar and 20 Others
- Latest Funding Round: Series B, May 20, 2021, $*****
- Highlight: Editors' Pick
3. Kenko Health
Health insurance platform for individuals. It allows users to order medicines, book lab tests or doctor consults, monitor all health benefits, manage reimbursements, and more. It offers comprehensive discounts and benefits, including discounted OPD services and exclusive discounts on various services, including medicines, doctor visits, lab tests, and more. It allows users to book appointments, access telemedicine, order medicines for home delivery, and manage all healthcare needs.
Key facts about Kenko Health
- Founded Year: 2019
- Location: Mumbai (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2023
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $13.7M
- Employee Count: 229 as on May 31, 2026
- Investors: Orios Venture Partners, BlackSoil and 28 Others
- Latest Funding Round: Series A, Feb 14, 2022, $*****
- Highlight: Editors' Pick
4. Lilium
Platform offering electric aircraft development and aviation services. It focuses on creating electric vertical takeoff and landing aircraft designed for regional air mobility. The platform shares details about aircraft technology, operations, and future mobility plans.
Key facts about Lilium
- Founded Year: 2015
- Location: Wessling (Germany)
- Annual Revenue: €0 - €1M as on Dec 31, 2021
- Stage: Public
- Total Funding till date: $375M
- Employee Count: 621 as on Aug 31, 2026
- Investors: Baillie Gifford, Atomico and 23 Others
- Latest Funding Round: Post IPO, Jul 14, 2023, $*****
- Highlight: Public
5. Air up
Key facts about Air up
- Founded Year: 2018
- Location: Munich (Germany)
- Annual Revenue: €100M - €500M as on Dec 31, 2022
- Stage: Series B
- Total Funding till date: $70.7M
- Employee Count: 289 as on Sep 30, 2026
- Investors: Freigeist Capital, PepsiCo and 9 Others
- Latest Funding Round: Series B, Sep 20, 2021, $*****
Freigeist Capital's Year-on-Year Investment Trends
Freigeist Capital has invested in 40 companies over the last 14 years, with an average of 1 new investment annually in the last 10 years. In 2025, it made 2 investments. Its most recent first time investment was in Collie and most recent follow-on round was in EnduroSat.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 2 | 0 | 2 |
2024 | 1 | 0 | 1 |
2023 | 0 | 1 | 1 |
2022 | 1 | 0 | 1 |
2021 | 2 | 0 | 2 |
2020 | 2 | 1 | 3 |
2019 | 4 | 0 | 4 |
Freigeist Capital's Investments by Stage
Freigeist Capital has made 7 investments in Seed stage with an average round size of $2.61M, 5 investments in Series A stage with an average round size of $9.68M, 2 investments in Series B stage with an average round size of $52.5M and 1 investment in Angel stage.Stage of entry | No. of Investments |
|---|---|
Seed | 7 |
Series A | 5 |
Series B | 2 |
Angel | 1 |
Note: We have considered here, only first round of investments
Freigeist Capital's Investments by Sector
Freigeist Capital has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Consumer, Aerospace, Maritime and Defense Tech and Auto Tech. Notably, it has invested in 32 Tech companies, 24 Consumer (B2C) companies, 20 Software companies and at least 18 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Enterprise Applications | 9 |
High Tech | 5 |
Consumer | 4 |
Aerospace, Maritime and Defense Tech | 2 |
Auto Tech | 2 |
Others | 21 |
Note: We have considered here, only first round of investments
Freigeist Capital's Investments by Geography
Freigeist Capital has made most investments in Germany (10), followed by Netherlands where it has made 2 investments.Country | No. of Investments |
|---|---|
Germany | 10 |
Netherlands | 2 |
Bulgaria | 1 |
Luxembourg | 1 |
Switzerland | 1 |
Note: We have considered here, only first round of investments
Freigeist Capital's recent investments
Freigeist Capital has not made any investment in 2026 so far.Here are the most recent investments by Freigeist Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 14, 2025 | Netherlands | Seed | 6870 | - | |
Feb 03, 2025 | Switzerland | Seed | 8769 | [+2] | |
Jan 26, 2024 | Germany | Seed | 1927 | ||
May 10, 2023 | Bulgaria | Series A | 3481 | ||
Feb 22, 2022 | Luxembourg | Series A | 6013 | [+5] |
Unicorns in Freigeist Capital's Portfolio
Freigeist Capital has 1 unicorn in its portfolio - EnduroSat. The most recent unicorn in their portfolio is EnduroSat which became a unicorn in 2026, 6 years after Freigeist Capital first invested in it.Here is a list of unicorns in Freigeist Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
60 | Satellite manufacturer and space-service provider building software-defined satellites | 2015 | Sofia | Series C | vvxiao{ |
IPOs and Publicly Listed companies in Freigeist Capital's Portfolio
1 of Freigeist Capital's portfolio company became public - Lilium. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Sep 2021 at marketcap of $4.78BHere are Freigeist Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 07, 2021 | Mar 07, 2016 | Seed | 3972 |
Acquired companies in Freigeist Capital's Portfolio
7 companies from Freigeist Capital's portfolio have been acquired. The most recent acquisition was Scanbot in Jul 2025 by Apryse for $*****.Here are Freigeist Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 10, 2025 | - | - | 7762 | |
Apr 16, 2025 | - | - | 8502 | |
Apr 14, 2022 | - | - | 8346 | |
Nov 13, 2017 | - | - | 6532 | |
Jun 02, 2015 | - | - | 3261 |
Team profile of Freigeist Capital
Freigeist Capital has a team of 6 members including 5 Partners located in Germany. Freigeist Capital's team sits on the board of 1 company.Here is a list of all team members in Freigeist Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Bonn | - | ||
Partner | Berlin | - | ||
Partner | Cologne | - | ||
Partner | Cologne | - | ||
Partner | Cologne | - |
Co-investors of Freigeist Capital
Over the past 14 years, 124 investors have co-invested in Freigeist Capital's portfolio companies. This includes funds and angels.
- Invested before Freigeist Capital: Index Ventures, BlueYard and 36 others have invested in rounds before Freigeist Capital. There is 1 company where Index Ventures has invested before Freigeist Capital and 1 company where BlueYard has invested before Freigeist Capital.
- Top Co-investors of Freigeist Capital: 28 investors entered a company along with Freigeist Capital. These include investors like Thrive Capital (1 company).
- Invested after Freigeist Capital: A total of 58 investors have invested in Freigeist Capital's portfolio after their investments. Top Investors include EIC Fund (2 companies), Europa (2 companies) and Tiger Global Management (1 company).
Recent News related to Freigeist Capital
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Amsterdam’s Collie raises €3.5M to help farmers manage their herds with just a collar and an appSilicon Canals•Feb 14, 2025•Collie, Freigeist Capital
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EnduroSat closes Series A investmentEnduroSat•May 10, 2023•EnduroSat, CEECAT Capital, Freigeist Capital
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Luxembourg’s LEKO Labs picks up €18.4 million to bring sustainable building materials across EuropeEU-Startups•Feb 22, 2022•Leko, Microsoft, Tencent, AMAVI Capital and 4 others
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Smartlane Receives Financing in Excess of 6 M EurosBusiness Wire•Jan 11, 2022•Smartlane, blueworld.group, Freigeist Capital, Ideenschaft Invest and 4 others
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xentral, an ERP platform for SMBs, raises $75M Series B from Tiger Global and MeritechTechCrunch+•Aug 17, 2021•Xentral, Tiger Global Management, Meritech, Sequoia Capital and 2 others
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Neufund Announces New Investment, Will Pursue Financial Services License, Founder Zoe Adamovicz Comments on PlansCrowdfund Insider•Dec 15, 2020•Neufund, Atlantic Labs, Freigeist Capital
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Blockchain equity platform Neufund nabs £3.6M funding, seeks a financial licenseUKTN•Dec 14, 2020•Neufund, Atlantic Labs, Freigeist Capital
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Tesla’s second largest shareholder invests $35 million in air taxi startup LiliumThe Verge•Jun 08, 2020•Lilium, Baillie Gifford, Tesla, Tencent and 4 others
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German flying taxi company "Lilium" receives $ 240 million in financing led by Tencent36Kr•Mar 31, 2020•Lilium, Tencent, Atomico, Freigeist Capital and 1 other
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Flying taxi startup Lilium Aviation closes $ 240 million in financing, led by TencentPEdaily•Mar 23, 2020•Lilium, Tencent, Atomico, Freigeist Capital and 4 others
