About Mutschler Ventures
Mutschler Ventures is a venture capital firm founded in 2007. It is primarily based out of Baar, Switzerland. As of Jul 2026, Mutschler Ventures is an active investor, having invested in 32 companies, with 1 new investment 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 Consumer. Most recently it participated in the $***** Seed round of telli Overall, Mutschler Ventures portfolio has seen 2 unicorns, 5 IPOs and 3 acquisitions including key companies like Adyen, Blacklane and Sygnum. A lot of funds co-invest with Mutschler Ventures, with names like Samsung Catalyst Fund sharing a substantial percentage of its portfolio. Mutschler Ventures has team of 3 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio IPOs
Portfolio Acquisitions
Mutschler Ventures' List of Top Investments
Mutschler Ventures has a portfolio of 32 companies, including 2 unicorns. Their most notable investments are in Skyroads and Mobbot.Their portfolio spans across Germany, Switzerland, India and 5 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 21 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Mutschler Ventures:1. Adyen
Provider of end-to-end payment, data, and financial management platform solutions. The platform facilitates payment acceptance, revenue protection, and financial control. It allows businesses to add payment methods and expand into new markets. The platform connects online and offline channels to create customer experiences using cross-channel insights. It helps businesses understand their data and manage fraud.
Key facts about Adyen
- Founded Year: 2006
- Location: Amsterdam (Netherlands)
- Stage: Public
- Total Funding till date: $266M
- Employee Count: 5,488 as on Jun 30, 2026
- Investors: Access Industries, Triodos Investment Management and 15 Others
- Latest Funding Round: Series C, Sep 30, 2015, $*****
- Highlight: Public
2. Blacklane
Provider of chauffeur services including airport transfers and city-to-city rides. The company offers transportation solutions such as one-way trips, hourly bookings, and full-day hire. It provides options for booking and managing journeys through its application. The company focuses on safety and aims to provide private travel solutions.
Key facts about Blacklane
- Founded Year: 2011
- Location: Berlin (Germany)
- Annual Revenue: $10M - $50M as on Dec 31, 2018
- Stage: Acquired
- Total Funding till date: $127M
- Employee Count: 694 as on Jun 30, 2026
- Investors: b2venture, Mutschler Ventures and 21 Others
- Latest Funding Round: Series G, Oct 29, 2024, $*****
- Highlight: Acquired

3. Sygnum
Digital asset banking platform offering a range of services including trading, custody, staking, and tokenization of assets. It offers secure crypto services including trading, custody, staking, and tokenization. It provides a one-stop tokenization solution covering the entire value chain from minting to life-cycle management. It is a regulated digital asset bank with operations in multiple regions.
Key facts about Sygnum
- Founded Year: 2017
- Location: Zurich (Switzerland)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $218M
- Employee Count: 293 as on Jun 30, 2026
- Investors: Mutschler Ventures, Singtel Innov8 and 13 Others
- Latest Funding Round: Series C, Jan 14, 2025, $*****
- Highlight: Editors' Pick
4. Flink
On-demand grocery delivery service platform that enables users to order everyday essentials. It provides a wide selection of products including fresh produce, packaged foods, beverages, baked goods, and household necessities. Orders are fulfilled from local urban warehouses and delivered quickly via dedicated courier networks, typically within minutes of purchase. It emphasizes speed, convenience, and availability, offering continuously updated inventory, promotional deals, and categorized shopping experiences to simplify routine purchasing. It operates across multiple cities, combining logistics infrastructure, real-time order management, and last-mile delivery systems to ensure fast fulfillment.
Key facts about Flink
- Founded Year: 2020
- Location: Berlin (Germany)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $1.43B
- Employee Count: 2,585 as on Jun 30, 2026
- Investors: TriplePoint Capital, Koehler Group and 16 Others
- Latest Funding Round: Series C, Mar 03, 2026, $*****
- Highlight: Editors' Pick
5. AUTO1 Group
Online B2B marketplace for used cars. Dealers can create an account to get access to exclusive & approved dealer vehicles. They can search for vehicles of their choice, get detailed vehicle descriptions & access to relevant vehicle information.
Key facts about AUTO1 Group
- Founded Year: 2012
- Location: Berlin (Germany)
- Stage: Public
- Total Funding till date: $1.4B
- Employee Count: 4,806 as on Apr 30, 2026
- Investors: Baillie Gifford, BNP Paribas and 26 Others
- Latest Funding Round: Series F, Jul 30, 2020, $*****
- Highlight: Public
Mutschler Ventures' Year-on-Year Investment Trends
Mutschler Ventures has invested in 32 companies over the last 11 years, with an average of 1 new investment annually in the last 10 years. As of Jul 2026, it has made 1 investment in this year. Its most recent first time investment was in telli and most recent follow-on round was in Predium.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 0 | 0 | 0 |
2024 | 0 | 1 | 1 |
2023 | 1 | 2 | 3 |
2022 | 1 | 0 | 1 |
2021 | 4 | 0 | 4 |
2020 | 6 | 0 | 6 |
2019 | 1 | 0 | 1 |
Mutschler Ventures' Investments by Stage
Mutschler Ventures has made 7 investments in Seed stage with an average round size of $5.77M, 6 investments in Series A stage with an average round size of $8.35M and 2 investments in Series B stage with an average round size of $90.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 7 |
Series A | 6 |
Series B | 2 |
Note: We have considered here, only first round of investments
Mutschler Ventures' Investments by Sector
Mutschler Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Consumer, HealthTech and Real Estate and Construction Tech. Notably, it has invested in 30 Tech companies, 17 Consumer (B2C) companies, 17 Enterprise (B2B) companies and at least 16 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 6 |
High Tech | 4 |
Consumer | 3 |
HealthTech | 3 |
Real Estate and Construction Tech | 3 |
Others | 16 |
Note: We have considered here, only first round of investments
Mutschler Ventures' Investments by Geography
Mutschler Ventures has made most investments in Germany (10), followed by Switzerland where it has made 4 investments.Country | No. of Investments |
|---|---|
Germany | 10 |
Switzerland | 4 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Mutschler Ventures' recent investments
Mutschler Ventures has made 1 investments in 2026 so far - telli.Here are the most recent investments by Mutschler Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 23, 2026 | Germany | Seed | 1394 | [+2] | |
Nov 28, 2024 | Germany | Series A | 6399 | [+3] | |
Oct 04, 2023 | Germany | Series A | 1264 | [+4] | |
Jul 06, 2023 | Germany | Series D | 5925 | [+2] | |
Mar 14, 2023 | Switzerland | Series B | 4545 |
Unicorns in Mutschler Ventures' Portfolio
Mutschler Ventures has 2 unicorns in its portfolio - Sygnum and Flink. The most recent unicorn in their portfolio is Sygnum. It became a unicorn in 2025, 1 years before Mutschler Ventures first invested in it.Here is a list of unicorns in Mutschler Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
75 | Digital asset banking platform offering a range of services including trading, custody, staking, and tokenization of assets | 2017 | Zurich | Series C | wvykjqv | ||
71 | On-demand grocery delivery service platform that enables users to order everyday essentials | 2020 | Berlin | Series C | hnh{ytn |
IPOs and Publicly Listed companies in Mutschler Ventures' Portfolio
5 of Mutschler Ventures' portfolio companies have become public. Sono Motors got listed on the OTC Markets (OTCMKTS), in Nov 2021 at marketcap of $140M and AUTO1 Group got listed on the Frankfurt Stock Exchange (FRA) at marketcap of $9.12B.Here are Mutschler Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 19, 2021 | - | - | 4910 | |
Feb 04, 2021 | - | - | 2168 | |
Jun 13, 2018 | - | - | 1672 | |
- | - | - | 6149 | |
- | - | - | 8181 |
Acquired companies in Mutschler Ventures' Portfolio
3 companies from Mutschler Ventures' portfolio have been acquired. The most recent acquisition was Blacklane in Mar 2026 by Uber for $*****.Here are Mutschler Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 30, 2026 | - | - | 9628 | |
Mar 07, 2025 | Dec 17, 2020 | Series A | 6631 | |
Jan 08, 2021 | - | - | 9867 |
Team profile of Mutschler Ventures
Mutschler Ventures has a team of 3 members including 2 Partners located in Switzerland. Mutschler Ventures' team does not sit on the board of any company as of now.Co-investors of Mutschler Ventures
Over the past 11 years, 85 investors have co-invested in Mutschler Ventures's portfolio companies. This includes funds and angels.
- Invested before Mutschler Ventures: Cherry Ventures, Vitruvian Partners and 26 others have invested in rounds before Mutschler Ventures. There are 2 companies where Cherry Ventures has invested before Mutschler Ventures and 1 company where Vitruvian Partners has invested before Mutschler Ventures.
- Top Co-investors of Mutschler Ventures: 36 investors entered a company along with Mutschler Ventures. These include investors like Samsung Catalyst Fund (1 company).
- Invested after Mutschler Ventures: A total of 21 investors have invested in Mutschler Ventures's portfolio after their investments. Top Investors include Farallon Capital Management (1 company), Red River West (1 company) and Bertelsmann Investments (1 company).
Recent News related to Mutschler Ventures
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