About Lucid Capital
Lucid Capital is a venture capital firm founded in 2023. It is primarily based out of Berlin, Germany. As of Oct 2026, Lucid Capital is an active investor, having invested in 4 companies, with 2 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 Enterprise Infrastructure and Industrial Goods and Manufacturing. Most recently it participated in the $***** Seed round of UseToday A lot of funds co-invest with Lucid Capital, with names like Booom sharing a substantial percentage of its portfolio. Lucid Capital has team of 30 people including 21 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Seed
Lucid Capital's List of All Investments
Lucid Capital has a portfolio of 4 companies. Their most notable investmentis in UseTodayTheir portfolio spans across Germany, Denmark and United Kingdom. They have invested in Enterprise Applications, Enterprise Infrastructure, Industrial Goods and Manufacturing, across Seed stage. Here is the list of all investments by Lucid Capital:1. Conduct
Developer of software for analyzing and automating enterprise system migrations. This technology reads underlying code to identify dependencies and downstream effects within complex software environments. It provides visibility into custom code to assist with planning, scoping, and executing large-scale transformations. The software automates development tasks from initial planning through deployment to facilitate feature delivery and system maintenance. By documenting system landscapes, the tool assists technical teams in managing modifications and refactoring processes.
Key facts about Conduct
2. GeneralMind
Provider of AI platform automating supply chain operations and workflows. The platform reads incoming orders, matches data, and drafts replies. It tracks purchase order conversations, monitors changes, and proactively follows up with suppliers. The platform matches payments and invoices to purchase orders and resolves discrepancies. It validates amounts and terms, flags exceptions, and prepares postings with auditability.
Key facts about GeneralMind

3. bayshore AI
Developer of software that converts legal policies into executable logic. This technology enables the automation of compliance processes by transforming regulatory requirements into auditable, machine-readable rules. The system functions by governing automated agents to ensure adherence to established standards. It provides explainable outputs to assist with regulatory requirements and internal oversight.
Key facts about bayshore AI

4. UseToday
Provider of AI-powered coaching for financial advisors. This AI copilot helps advisors improve efficiency by providing tailored coaching insights from customer conversations. The system supports various formats including scripts and playbooks, allowing for flexible implementation and integration with existing workflows. It offers features such as instant documentation and highlights key insights to improve advisor performance and client interactions. The platform is designed to be easily adopted and integrated into existing financial services IT infrastructure.
Key facts about UseToday
- Founded Year: 2024
- Location: Denmark
- Stage: Seed
- Total Funding till date: $4.27M
- Employee Count: 5 as on Jul 22, 2025
- Investors: Insurtech Gateway, HTGF and 16 Others
- Latest Funding Round: Seed, Oct 08, 2026, $*****
Lucid Capital's Year-on-Year Investment Trends
In 2025, it made 2 investments, while as of Oct 2026, it has made 4 investments in this year. Its most recent first time investment was in bayshore AI and most recent follow-on round was in UseToday.Lucid Capital's Investments by Stage
Lucid Capital has made 4 investments in Seed stage with an average round size of $8.6M.Lucid Capital's Investments by Sector
Lucid Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Artificial Intelligence - Industry Applications, Enterprise Infrastructure, Industrial Goods and Manufacturing and Vertical SaaS. Notably, it has invested in 4 Enterprise (B2B) companies, 4 Software companies, 4 Tech companies and at least 3 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 4 |
Artificial Intelligence - Industry Applications | 2 |
Enterprise Infrastructure | 1 |
Industrial Goods and Manufacturing | 1 |
Vertical SaaS | 1 |
Note: We have considered here, only first round of investments
Lucid Capital's Investments by Geography
Lucid Capital has made most investments in Germany (2), followed by Denmark where it has made 1 investment.Country | No. of Investments |
|---|---|
Germany | 2 |
Denmark | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Lucid Capital's recent investments
Lucid Capital has made 4 investments in 2026 so far. UseToday and Conduct are the latest among them.Here are the most recent investments by Lucid Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 08, 2026 | Denmark | Seed | 1148 | [+3] | |
Jun 18, 2026 | United Kingdom | Series A | 4436 | [+4] | |
Jun 02, 2026 | Germany | Seed | 3471 | [+2] | |
Jan 20, 2026 | Germany | Seed | 1322 | [+5] | |
Sep 18, 2025 | United Kingdom | Seed | 6635 | [+1] |
Team profile of Lucid Capital
Lucid Capital has a team of 30 members including 21 Partners and 1 Principal located in United States, Germany and 2 more locations. Lucid Capital's team does not sit on the board of any company as of now.Here is a list of top team members in Lucid Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Delray Beach | - | ||
Partner | Washington | - | ||
Partner | New York | - | - | |
Partner | Dorset | - | - | |
Partner | Closter | - | - | |
Partner | New York | - | - | |
Partner | Berlin | - | - | |
Partner | Berlin | - | - | |
Partner | New York City | - | ||
Partner | Brentwood | - | - |
Co-investors of Lucid Capital
Over the past year, 28 investors have co-invested in Lucid Capital's portfolio companies. This includes funds and angels.
- Top Co-investors of Lucid Capital: 21 investors entered a company along with Lucid Capital. These include investors like Booom (3 companies).
- Invested after Lucid Capital: A total of 7 investors have invested in Lucid Capital's portfolio after their investments. Top Investors include Index Ventures (1 company), IconiQ (1 company) and SAP (1 company).
Recent News related to Lucid Capital
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Conduct Raises $60M to Accelerate Software Modernization ProjectsSiliconAngle•Jun 18, 2026•Conduct, SAP, IconiQ, Index Ventures and 4 others
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Fintech startup Ramp secures $750M funding round, reaching $44B valuationTechStartups.com•Jun 04, 2026•IconiQ, Ramp, GIC, Ontario Teachers' Pension Plan and 27 others
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Munich Startup Bayshore Raises $8M To Automate Legal And Compliance ProcessesStartup Rise EU•Jun 02, 2026•bayshore AI, Lucid Capital, Booom, Heliad and 1 other
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GeneralMind Secures $12 Million Funding for AI-Powered Automation of Supply Chain ProcessesTrending Topics•Jan 20, 2026•Lucid Capital, Leo Capital, Lakestar, GeneralMind and 2 others
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GeneralMind, AI startup founded by Razor team, secures €10.2M fundingEU-Startups•Jan 20, 2026•Lucid Capital, Booom, Heliad, Leo Capital and 2 others
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Lucid Capital Secures $2.5M Seed Funding to Expand AI Trading PlatformCairoScene•Dec 25, 2025•Tharawat Holding, Lucid Capital, Singular Link
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Danish Startup TODAY Secures €1 Million In Pre-Seed RoundStartup Rise EU•May 30, 2025•UseToday, Lucid Capital, Clarks, Ascendia Group and 4 others
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Danish startup TODAY secures €1 million to help financial advisors save timeEU-Startups•May 29, 2025•Lucid Capital, UseToday