New Deals May 2024

18. June 2024

VC Deals Newsletter

In the DACH region, we saw more than 66 technology VC deals in May 2024. The total published invested capital amounted to EUR 544 million and is made up of 39 transactions, while the amounts of the remaining transactions were not publicly disclosed.

Transactions by volume

DateTargetInvestorDeal Size (EUR m.)
22.05.2024DeepLAtomico, ICONIQ Growth, Index Ventures, IVP, Ontario Teachers' Pension Plan, Teachers' Venture Growth, WiL278.53
08.05.2024AlpianFideuram Intesa Sanpaolo Private Banking36.90
14.05.2024enspired360 Capital, Banpu NEXT, Emerald Technology Ventures, EnBW New Ventures, Helen Ventures, Presidio Ventures, PUSH Ventures, Vopak Ventures, Zouk Capital25.50
23.05.2024NeraCareBayBG Venture Capital, MIG AG, Synvie20.00
07.05.2024Silotech18.67
05.05.2024InsempraAcequia Capital, Alante Capital, Bayern Kapital, BlueYard Capital, EQT Ventures, Henkel dx Ventures, Possible Ventures, Taavet+Sten18.66
16.05.2024VEDA (Alsdorf)Canadian Imperial Bank of Commerce17.00
30.05.2024EthonAIEarlybird Venture Capital, Founderful, General Catalyst, Index Ventures15.30
07.05.2024AnapayaCape Capital, Nagy Moustafa11.45
16.05.2024Caeli WindHigh-Tech Gründerfonds, Notion Capita, Santander Asset Management11.00
15.05.2024TrawaAENU, Balderton Capital, Magnetic (Berlin), Speedinvest, Tiny.VC10.00
07.05.2024GalaxisChainlink Labs, Ethereum Name Services, Kapor Capital, Moonrock Capital, Rarestone Capital, Taisu Ventures9.34
24.05.2024RowsAccel(Andrei, Armilar Venture Partners, Cherry Ventures, Indico Capital Partners, Lakestar8.00
27.05.2024shipzeroETF Partners(Fabrice Bienfait), Raspberry Ventures, Rethink Ventures, Zu na mi8.00
02.05.2024Ikerianb2venture, Matterwave Ventures, Topcon Healthcare Solutions, Verve Ventures, Zürcher Kantonalbank5.79
02.05.2024Testmate HealthAmboy Street Ventures, DART Ventures, Lichtsteiner Foundation, RH Capital, The Helm, Zürcher Kantonalbank5.60
09.05.2024ArciumAnatoly Yakovenko, Artemis Capital, Coinbase Ventures, Everstake Capital, Greenfield Capital, Heartcore Capital, Keone Hon, L2 Capital management, LongHash Ventures, Smape Capital, Staking Facilities Ventures5.14
29.05.2024SCRYPTAtlantic Labs, Braza Bank, Cabrit Capital, FunFair Ventures4.63
01.05.2024DeltiaCavalry Ventures, Christian Dahlen, Combination VC, Edward Grefenstette, Maximilian Viessmann, Merantix, Nicolas Peters, Pawao Capital, Walter Kortschak, Willi Tscheschner4.50
15.05.2024simpleclub10x Founders, 3VC, Bonsai Partners, HV Capital4.00
30.05.2024AUTOVIO3.80
28.05.2024FaircadoAccel, BackBone Ventures, EarlyBird, General Catalyst, Lightspeed Venture Partners, Minc, New Enterprise Associates, Northzone Ventures, World Fund3.76
15.05.2024Flink RoboticsMaterial Ventures2.18
30.05.2024SeqanaAxel Stepken, Behnam Eliass, Counteract Partners, High-Tech Gründerfonds, Klaus Kunz, ReGen Ventures, Stefan Gross-Selbeck2.10
15.05.2024Vinivia1.91
17.05.2024Nimmsta1.76
14.05.2024UpVisitVector Venture Capital1.60
14.05.2024HexafarmsMudcake(Anna Ottosson), Speedinvest, Techstars1.30
16.05.2024JUPUSCombination VC, Felix Plog, High-Tech Gründerfonds1.30
14.05.2024FynkAlexander Brix, Andreas Burike, CoastCap, Domagoj Dolinsek, Ignaz Forstmeier, Johann Hansmann, Kai Romberg, Manuel Mofidian, Stefan Speiser1.25
10.05.2024RefluencedAnja Graf, SICTIC, Thomas Brändle1.03
30.05.2024aumico1.02
08.05.2024InnoloftCapital Mills, Cohors Fortuna Capital, Mosel Ventures1.00
22.05.2024DaavDieter Streuli, Kickfund, SICTIC, Spicehaus Partners, Thomas Rauber0.93
16.05.2024VenmateCaesar Ventures, Xdeck Ventures0.60
13.05.2024imd BIOTECHJohann Hansmann, Nikolaus Futter0.40
27.05.2024DemoSquareVenture Kick0.14
17.05.2024VivoSensMedical0.14
07.05.2024DecentriqZKB Pionierpreis Technopark0.10
01.05.2024AMERIAPandion Innovation for Impact
01.05.2024Annaida TechnologiesExcellis
01.05.2024Aviation Tech PartnersAxel Springer Porsche
01.05.2024BoroboticsSICTIC
01.05.2024contactifySICTIC
01.05.2024Copper.coD&FG Elements
07.05.2024Everyone EnergyHigh-Tech Gründerfonds, Neoteq Ventures
01.05.2024greehillBXR Group
01.05.2024Kern AIInsurLab Germany
01.05.2024Klim (Environmental Services (B2B))Climate Capital
01.05.2024kolumTriple Impact Ventures
01.05.2024KuguSynerleap
01.05.2024LhotseView Ventures
01.05.2024MyscribeCapacura
23.05.2024PaesslerTurn/River Capital
01.05.2024PayactiveInsurLab Germany
10.05.2024Phoenix Technologies (Business/Productivity Software)QAI Ventures
14.05.2024reevBlue Earth Capital, E.ON, European Investment Fund, Future Energy Ventures, N-ERGIE Aktiengesellschaft
03.05.2024RowsUPTEC
01.05.2024SHK PowerAtlantis Ventures, VENTIS (Germany)
30.05.2024SignatrixITAB Shop Concept
01.05.2024SimplexDNAEarth (London)
01.05.2024Swissprime TechnologiesSICTIC
02.05.2024TeachinoKlett Gruppe, Tyrolean Business Angel Network
01.05.2024Unnbound42CAP
01.05.2024WatergenicsEarth (London)
15.05.2024zone14Alfred Luge, Christian Kaar, Philipp Omenitsch, Timothy Moser, Wolfgang Reisinger

Source: Pitchbook

M&A/PE Deals Website

In May 2024, more than 57 tech M&A transactions took place in the DACH region, with a total published volume of EUR 40.09 million. This total resulted from three individual transactions, while the amounts of the other transactions were not publicly disclosed. One of the most significant transactions was the sale of Avantgarde Experts by Avantgarde to Inflexion Private Equity Partners and Yer Nederland.

Transactions by volume

DateTargetBuyerSeller
10.05.2024Mytheresa.com
14.05.2024Avantgarde ExpertsInflexion Private Equity Partners, Yer NederlandAvantgarde (Germany)
01.05.2024SCHMID GroupPegasus Digital Mobility AcquisitionXinJin Holding
21.05.2024POLI-TAPEBain Capital, BC Partners, Fedrigoni
22.05.2024Diehl (Construction and Engineering)Apleona Wolfferts Gebäudetechnik
08.05.2024Endor (Gaming) (MUN: E2N)Corsair (Milpitas) (NAS: CRSR), EagleTree Capital
02.05.2024ParsionateAccenture (NYS: ACN)MBG Mittelständische Beteiligungsgesellschaft Baden-Württemberg, S-Kap Unternehmensbeteiligungs
21.05.2024Materna IPSSITAMaterna Information & Communications
14.05.2024Alturos DestinationsJuniper Group
15.05.2024HE System ElectronicMagna International (TSE: MG)TKH Group
13.05.2024HoloplotSphere Entertainment (New York) (NYS: SPHR)DB MindBox
08.05.2024:em Engineering MethodsPatrimonium Asset Management, Wille Finance
02.05.2024Fast LTASumma EquityAfinum
08.05.2024SherpanyCapVest Partners, Datasite3wVentures, Cadence Growth Capital, Verve Ventures
23.05.2024Walter MeierKontivia
22.05.2024Aaron.aiDoctolibAxel Springer Plug and Play Accelerator, BonVenture, Business Angels Club Berlin-Brandenburg, Futury Capital, IBB Ventures, Knight Capital
14.05.2024ZedasArcadea Group
14.05.2024VitroconnectOakley Capital
17.05.2024SeleonAesco SolutionsEurostars, Zukunftsfonds Heilbronn
28.05.2024GARAIOBregal Unternehmerkapital, Netrics
10.05.2024Visium
29.05.2024FactoryPalValmet (HEL: VALMT)Körber Digital
06.05.2024b4dynamicsMAC IT-Solutions, Ufenau Capital Partners
20.05.2024Charly MediaCharly Media
22.05.2024STASH (Internet Retail)AlfiesSerpentine Ventures
29.05.2024TeleAlarmPrimepulseKatek Leipzig
06.05.2024CreditshelfTeylor
28.05.2024OEGE GroupThe Platform Group
22.05.2024FinAPIFabrickYapily
18.05.2024JodocusEficode, Investcorp
01.05.2024iATROSAvi MedicalBayern Kapital, High-Tech Gründerfonds, Thilo Selchow
15.05.2024riskineBSI Business Systems Integration, Capvisaws Gründerfonds
29.05.2024LiskKlayrCoinbar, IOSG Ventures, Ledger VC, Monday Capital
17.05.2024MBM Meyer Network ServiceDATABAU
13.05.2024SwissComplyWille FinanceEvolute (Asset Management)
22.05.2024CGS ORISScreen Holdings (TKS: 7735)
23.05.2024HouzyDevis.chBaloise Holding, Thomas Langenegger, UBS Asset Management (Fund Administration Servicing Units in Luxembourg and Switzerland)
14.05.2024HS3 HotelsoftwareMews
16.05.2024Tetralog SystemsCleversoft Group, Levine Leichtman Capital Partners
21.05.2024Redpoint.TeseonAuctus Capital Partners, QuinScape
12.05.2024CDS Peter GrieseGBC Gruppe
29.05.2024REALVIEW (Zurich)BID Equity
22.05.2024DericonFE fundinfo, HgCapital Trust (LON: HGT)
02.05.2024KinderheldinKeleyaHeartbeat Labs, W&W Brandpool
03.05.2024Nano InfluenceStylink Social Media
08.05.2024MedizinaIK Partners, Lennertz & Co., Stein HGS
02.05.2024breathe iloMAM Babyartikel GesmbH
15.05.2024bNearsolutions2share ugAllygatr, Flossbach von Storch, NRW.Bank
31.05.2024GummysTrendex (Financial Software)Crypto Valley Venture Capital, Softnoise
08.05.2024Viventis MicroscopyLeica MicrosystemsEcole Polytechnique Federale de Lausanne, EPFL Innovation Park, Fondation pour l'Innovation Technologique, Venture Kick
08.05.2024Apiida (API Control Plane)Boomi, Francisco Partners, Sixth Street Specialty Lending (NYS: TSLX), TPG (NAS: TPG)Apiida
08.05.2024DigiParaBregal Unternehmerkapital, SEMA Software, VIA equity
31.05.2024FiplanaGenstar Capital, Golub Capital BDC, Golub Capital BDC 3, Hg, insightsoftware, TA Associates ManagementInstitute for Operations Research and Management
15.05.2024Lernsieg Mobile MediaLang InvestDreyer Ventures & Management
22.05.2024NEJM HealerLecturioNEJM Group
07.05.2024Synqion (Business/Productivity Software)TeamDrive SystemsSNAP Innovation
16.05.2024Tangro3i Group (LON: III), PINOVA Capital, xSuite
03.05.2024Tivola Games (Mobile Games Portfolio)Trophy Games (CSE: TGAMES)Tivola Games

Source: Pitchbook

About atares

atares is the digital M&A boutique for technology-driven midcap companies in Germany and sees itself as a pioneer for the digitalization of the M&A industry. Founded in 2001, atares has advised more than 200 transactions in more than 20 years. The focus is on transaction volumes between EUR 10 and 100 million of mostly owner-managed companies. Since November 2023, the company formerly known as Proventis Partners, Munich, has been operating under the new company name atares GmbH. Atares has long-standing personal contacts with corporate and Private Equity investors and M&A advisors in Europe, North and South America and Asia. Highly specialized expertise for the market, empathy for people and passion make atares a sought-after M&A partner for the tech champions of tomorrow. More than 20 employees at atares in Munich and Düsseldorf manage their projects via the in-house developed digital M&A dealfloor (dealfloor.co) – for value-adding, efficient transactions with the best user experience.

Press Contact

Franziska Wolfgram
f.wolfgram@atares.team
+4989 – 38888-124