About Muzungu Capital
Muzungu Capital is a venture capital firm founded in 2017. It is primarily based out of Munich, Germany. It primarily invests in Germany based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Real Estate and Construction Tech. Overall, Muzungu Capital portfolio has seen 3 acquisitions, namely Amaysim and VillaCircle. Muzungu Capital has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Acquisitions
Muzungu Capital's List of Top Investments
Muzungu Capital has a portfolio of 7 companies. Their most notable investments include Amaysim and Nano Interactive.Their portfolio spans across Germany and Australia. They have invested in Enterprise Applications, Consumer, Real Estate and Construction Tech and 3 other sectors. Here is the list of top investments by Muzungu Capital:1. Amaysim
Amaysim is a mobile virtual network operator (MVNO) providing mobile phone services in Australia. It provides 4G LTE services using Optus 4G Plus Network and offers SIM- only pre-paid and post-paid mobile plans for voice and data with features such as call forwarding, call barring, SMS, international calling and roaming services. It is Australia’s fourth largest mobile services provider and has acquired Click Energy Group Holdings in April 2017, so as to strengthen its Smart Home offerings.
Key facts about Amaysim
- Founded Year: 2010
- Location: Sydney (Australia)
- Stage: Acquired
- Employee Count: 287 as on Aug 31, 2026
- Investors: Tank Stream Ventures, Muzungu Capital and 4 Others
- Latest Funding Round: Seed, Nov 2010, $*****
- Highlight: Acquired
Key facts about Nano Interactive
- Founded Year: 2009
- Location: Starnberg (Germany)
- Stage: Series A
- Total Funding till date: $11.5M
- Employee Count: 69 as on Aug 31, 2026
- Investors: Muzungu Capital, Maven Capital Partners and 2 Others
- Latest Funding Round: Series A, Apr 08, 2020, $*****

3. Meetrics
Meetrics’ ad attention manager provides real-time KPIs on viewability, ad fraud, brand safety, and audience. The ad attention manager classifies and groups the advertising environments and identifies the reliable channels for placements on the right page. The clients base include Dentsu Aegis Network, Forward Ad Group, GroupM, Interactive Media, Mindshare among many others
Key facts about Meetrics
- Founded Year: 2008
- Location: Berlin (Germany)
- Stage: Acqui-Hired
- Employee Count: 9 as on Aug 31, 2026
- Investors: Muzungu Capital, MoneySuperMarket and 9 Others
- Latest Funding Round: Series B, Sep 01, 2016, $*****

4. VillaCircle
The company provides co-ownership listings around Europe. Through its smart app, users can flexibly plan and arrange their stays. Its algorithm guarantees a fair allocation of the particularly popular times in the high season and over the public holidays
Key facts about VillaCircle
- Founded Year: 2021
- Location: Dusseldorf (Germany)
- Stage: Acquired
- Employee Count: 11 - 50 as on Jul 01, 2024
- Investors: Muzungu Capital, JVH Ventures and 1 Other
- Highlight: Acquired
5. Exactag
Exactag is a multichannel attribution technology company which transforms the way marketers evaluate, measure, and optimize their marketing spend. Features: Advertiser keeps 100% control of own data, Full transparency about the success of digital advertising channels, Commission payout optimization via real time attribution, Unique game theory versus statistical approach, Guidelines of optimal budget allocation, Sync with Ad Exchanges.
Key facts about Exactag
- Founded Year: 2012
- Location: Duisburg (Germany)
- Stage: Funding Raised
- Employee Count: 39 as on Aug 31, 2026
- Investors: Muzungu Capital, Revel Partners and 4 Others
Acquired companies in Muzungu Capital's Portfolio
3 companies from Muzungu Capital's portfolio have been acquired. The most recent acquisition was VillaCircle in Mar 2023 by MYNE for $*****.Here are Muzungu Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 03, 2023 | - | - | 7257 | |
Aug 30, 2021 | - | - | 7913 | |
Feb 17, 2021 | - | - | 3069 |
