About Working on Dreams
Working on Dreams is a venture capital firm founded in 2010. It is primarily based out of Sankt Augustin, Germany. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Life Sciences to Enterprise Applications and Consumer. Overall, Working on Dreams portfolio has seen 5 IPOs and 3 acquisitions including key companies like Biogen, Bank of China and ProSiebenSat.1 Media.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Portfolio IPOs
Portfolio Acquisitions
Working on Dreams' List of Top Investments
Working on Dreams has a portfolio of 15 companies. Their most notable investments include Biogen and Bank of China.Their portfolio spans across Germany, United States, China and 1 more locations. They have invested in Life Sciences, Enterprise Applications, Consumer and 11 other sectors. Here is the list of top investments by Working on Dreams:
1. Biogen
Developer of therapies for neurodegenerative and immunology disorders. The company has developed a pipeline of drugs for Alzheimer's disease Amyotrophic lateral sclerosis (ALS), Angelman syndrome, Brain contusion, Multiple sclerosis (MS), Multiple system atrophy (MSA), Ophthalmology, Pain, and more.
Key facts about Biogen
- Founded Year: 1978
- Location: Cambridge (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $80M
- Employee Count: 7,853 as on Sep 30, 2026
- Investors: Berkshire Hathaway, Digital Pharma Lab and 11 Others
- Latest Funding Round: Post IPO, Feb 13, 2024, $*****
- Highlight: Public
Bank of China is a commercial bank with an international presence. The bank provides commercial banking, including corporate banking, personal banking, and financial markets services. The bank operates in 51 countries across the world. In 2022, the company recorded annual revenues of $158.23B and a net profit of $33.23B.
Key facts about Bank of China
- Founded Year: 1912
- Location: Beijing (China)
- Stage: Public
- Employee Count: 23,225 as on Sep 30, 2026
- Investors: Temasek, Working on Dreams and 1 Other
- Highlight: Public
Operator of free television and video-on-demand entertainment networks. The business provides news and entertainment content through its various channels. It offers both live television broadcasts and on-demand streaming options. The business operates a news studio for broadcasting current events.
Key facts about ProSiebenSat.1 Media
- Founded Year: 2000
- Location: Munich (Germany)
- Stage: Acquired
- Employee Count: 4,416 as on Jul 31, 2026
- Investors: Hellman & Friedman, Tengelmann Ventures and 18 Others
- Latest Funding Round: Post IPO, Feb 22, 2023, $*****
- Highlight: Acquired
Leading independent coke producer providing innovative cokemaking technology and industrial services. The company specializes in advanced cokemaking technology, producing larger, stronger coke for various industrial applications. They offer comprehensive industrial services, including logistics solutions. Focused on environmental responsibility, health, and safety, the company operates with a commitment to sustainability and ethical business conduct. They serve long-term coke contracts and provide essential materials for steel production.
Key facts about SunCoke Energy
- Founded Year: 1960
- Location: Lisle (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2018
- Stage: Public
- Employee Count: 633 as on Sep 30, 2026
- Investors: Working on Dreams, Bank of America and 1 Other
- Latest Funding Round: Conventional Debt, Aug 05, 2019, $*****
- Highlight: Public
Mohawk Industries is a manufacturer of carpet & rugs. It offers products such as floor carpet, area rugs, bath rugs, mats & more. It sells products online as well as through retailers.In 2022, the company recorded annual revenues of $11.73B and a net profit of $0.02B.
Key facts about Mohawk Industries
- Founded Year: 1988
- Location: Calhoun (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Employee Count: 12,907 as on Mar 31, 2026
- Investors: Working on Dreams and Court Square
- Latest Funding Round: Grant (prize money), Sep 25, 2017, $*****
- Highlight: Public
Working on Dreams' recent investments
Working on Dreams has not made any investment in 2026 so far.Here are the most recent investments by Working on Dreams:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
- | United States | Seed | 8686 | - |
IPOs and Publicly Listed companies in Working on Dreams' Portfolio
5 of Working on Dreams' portfolio companies have become public. Corestate Capital Group got listed on the Frankfurt Stock Exchange (FRA), in Nov 2017 at marketcap of $1.61B and SunCoke Energy got listed on the New York Stock Exchange (NYSE) at marketcap of $186M.Here are Working on Dreams' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 02, 2017 | - | - | 6965 | |
Jul 22, 2011 | - | - | 4789 | |
Jul 07, 2006 | - | - | 9047 | |
Apr 01, 1992 | - | - | 7332 | |
Sep 16, 1991 | - | - | 6275 |
Acquired companies in Working on Dreams' Portfolio
3 companies from Working on Dreams' portfolio have been acquired. The most recent acquisition was ProSiebenSat.1 Media in Sep 2025 by MEDIAFOREUROPE for $*****.Here are Working on Dreams' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 04, 2025 | - | - | 1087 | |
May 26, 2021 | - | - | 2174 | |
Sep 30, 2019 | - | - | 9022 |
