About Mountain Alliance
Mountain Alliance is a venture capital firm founded in 2010. It is primarily based out of Munich, Germany. As of Sep 2026, Mountain Alliance is an active investor, having invested in 15 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 Consumer and High Tech. Most recently it participated in the $***** Seed round of Evolved Aerospace Overall, Mountain Alliance portfolio has seen 1 IPO and 1 acquisition, namely Bio Gate and Shirtinator.de. A lot of funds co-invest with Mountain Alliance, with names like Berlin Ventures sharing a substantial percentage of its portfolio. Mountain Alliance has team of 3 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Deals in last 12 months
Mountain Alliance's List of Top Investments
Mountain Alliance has a portfolio of 15 companies. Their most notable investmentis in mentavioTheir portfolio spans across Germany, Netherlands, Sweden and 1 more locations. They have invested in Enterprise Applications, Consumer, High Tech and 9 other sectors, across stages such as Seed stage. Here is the list of top investments by Mountain Alliance:1. Lingoda
Lingoda offers an online language learning school with native speakers as teachers. Offers English, French, German and Spanish. Tutors through audio and video chats. Students can create their own learning curriculum, choose their own study environment and time to learn, study in group classes, private classes (1-on-1, 60 minutes per class) and get access to interactive learning material and videos. Also offers certificates after completion of courses.
Key facts about Lingoda
- Founded Year: 2012
- Location: Berlin (Germany)
- Stage: Series C
- Total Funding till date: $83M
- Employee Count: 1,064 as on May 31, 2026
- Investors: Summit Partners, Global Founders Capital and 17 Others
- Latest Funding Round: Series C, Apr 15, 2021, $*****
- Highlight: Editors' Pick
2. Destinus
Provider of drone solutions. It is a platform that designs unmanned aerial vehicles across all speed ranges from subsonic drones to hydrogen fueled supersonic and hypersonic demonstrators. It manufactures turbines and hydrogen energy infrastructure for storage,refueling and transportable turbine based power generation systems.
Key facts about Destinus
- Founded Year: 2021
- Location: Hengelo (Netherlands)
- Stage: Seed
- Total Funding till date: $29M
- Employee Count: 445 as on May 31, 2026
- Investors: Commerzbank, ACE & Company and 12 Others
- Latest Funding Round: Conventional Debt, Dec 18, 2025, $*****
- Highlight: Editors' Pick
Provider of a digital platform for premium pet food brands. It operates a multi-channel distribution strategy, combining direct-to-consumer sales with business-to-business partnerships. The platform supports brand growth through scalable infrastructure, including IT, supply chain management, logistics, human resources, business intelligence, and finance. A buy-and-build strategy facilitates expansion of its brand portfolio. The organization's structure enables efficient operations and rapid adaptation to market changes.
Key facts about AlphaPet Ventures
Provider of online platform for managing guest feedback and satisfaction metrics. The platform offers tools for review management, surveys, and customer journey analytics. It provides features such as review distribution, AI reply assistance, and text analytics. The platform also offers tools for measuring Net Promoter Score, Customer Effort Score, and Customer Satisfaction Score.
Key facts about Customer Alliance
- Founded Year: 2009
- Location: Berlin (Germany)
- Stage: Series B
- Employee Count: 72 as on Aug 31, 2026
- Investors: Howzat Partners, Senovo and 9 Others
- Latest Funding Round: Series B, Jul 31, 2012, $*****
- Highlight: Editors' Pick
5. Crealytics
Crealytics provides a semantic PPC advertising technology platform. It simplifies time-intensive aspects of the Google AdWords tasks. It automatically creates, optimizes relevant ads, and manages the bid. It can be used for search ad & product ads. Foot Locker, Runners Point, Limango, Alba Moda, Asos, Harrods, Boden, Navabi are some of its clients. Has offices in London, Berlin, and Passau.
Key facts about Crealytics
- Founded Year: 2008
- Location: Berlin (Germany)
- Annual Revenue: $1M - $10M as on Dec 31, 2015
- Stage: Series C
- Total Funding till date: $9.3M
- Employee Count: 55 as on Aug 31, 2026
- Investors: Alstin Capital, ALSTIN Capital and 18 Others
- Latest Funding Round: Series C, Mar 09, 2017, $*****
Mountain Alliance's Year-on-Year Investment Trends
Mountain Alliance has invested in 15 companies over the last 14 years, with an average of 1 new investment annually in the last 10 years. In 2025, it made 1 investment, while as of Sep 2026, it has made 1 investment in this year. Its most recent first time investment was in Evolved Aerospace.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 1 | 0 | 1 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 0 | 0 | 0 |
2018 | 0 | 0 | 0 |
2017 | 3 | 0 | 3 |
Mountain Alliance's Investments by Stage
Mountain Alliance has made 6 investments in Seed stage.Mountain Alliance's Investments by Sector
Mountain Alliance has a diverse portfolio, with companies operating in the Consumer, Aerospace, Maritime and Defense Tech, High Tech, EdTech and Enterprise Applications. Notably, it has invested in 10 Tech companies, 9 Enterprise (B2B) companies, 7 Software companies and at least 5 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Consumer | 3 |
Aerospace, Maritime and Defense Tech | 2 |
High Tech | 2 |
EdTech | 1 |
Enterprise Applications | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Mountain Alliance's Investments by Geography
Mountain Alliance has made most investments in Germany (4), followed by Netherlands where it has made 1 investment.Country | No. of Investments |
|---|---|
Germany | 4 |
Netherlands | 1 |
Sweden | 1 |
Note: We have considered here, only first round of investments
Mountain Alliance's recent investments
Mountain Alliance has made 1 investments in 2026 so far - Evolved Aerospace.Here are the most recent investments by Mountain Alliance:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 11, 2026 | Sweden | Seed | 4123 | - | |
Nov 2025 | Netherlands | Seed | 1419 | - | |
Aug 16, 2017 | Germany | Seed | 6817 | - | |
2017 | Germany | Seed | 8100 | - | |
2017 | Germany | Seed | 1337 | - |
IPOs and Publicly Listed companies in Mountain Alliance's Portfolio
1 of Mountain Alliance's portfolio company became public - Bio Gate.Here are Mountain Alliance's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
- | - | - | 7977 |
Acquired companies in Mountain Alliance's Portfolio
1 company from Mountain Alliance's portfolio has been acquired. The most recent acquisition was Shirtinator.de in Jun 2010 by Mountain Partners for $*****.Here are Mountain Alliance's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 17, 2010 | - | - | 8723 |
Team profile of Mountain Alliance
Mountain Alliance has a team of 3 members including 3 Partners located in Germany and Switzerland. Mountain Alliance's team sits on the board of 1 company.Here is a list of all team members in Mountain Alliance:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Bern | |||
Partner | Munich | - | - | |
Partner | Munich | - | - |
Co-investors of Mountain Alliance
Over the past 14 years, 22 investors have co-invested in Mountain Alliance's portfolio companies. This includes funds and angels.
- Invested before Mountain Alliance: Mountain Partners, Global Founders Capital and 11 others have invested in rounds before Mountain Alliance. There are 2 companies where Mountain Partners has invested before Mountain Alliance and 1 company where Global Founders Capital has invested before Mountain Alliance.
- Top Co-investors of Mountain Alliance: 4 investors entered a company along with Mountain Alliance. These include investors like Berlin Ventures (1 company).
- Invested after Mountain Alliance: A total of 5 investors have invested in Mountain Alliance's portfolio after their investments. Top Investors include Summit Partners (1 company), Conny Boersch (1 company) and Signavio (1 company).
Recent News related to Mountain Alliance
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Mountain Alliance AG Publishes 2026 Half-Year Financial StatementsNewMediaWire•Sep 17, 2026•Mountain Alliance
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Mountain Alliance AG Expands Supervisory Board - Neil Neureither New MemberWebDisclosure•Mar 16, 2026•Mountain Alliance
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Mountain Alliance AG Expands Defence Tech Portfolio with MindGuard AG InvestmentWebDisclosure•Dec 11, 2025•Mindgard, Mountain Alliance
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Mountain Alliance Makes First Investment in the Defense Tech SectorWebDisclosure•Nov 11, 2025•Mountain Alliance, Aurora
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