New Deals March 2024

8. April 2024

VC Deals Newsletter

In the DACH region, we saw more than 70 technology VC deals in March 2024. The total capital invested amounted to EUR 459 million with a median post-money valuation of EUR 20.5 million. The capital came from 218 investors.

Transactions by volume

DateTargetInvestorDeal size (EUR m.)
19.03.2024SolarisBanco Bilbao Vizcaya Argentaria, Decisive Capital Management, FOX Group, HV Capital, La Maison Partners, Lakestar, SBI Investment, yabeo Capital96,0
04.03.2024Razor GroupPresight Capital92,6
26.03.2024ProtembisCoparion, Segulah Medical Acceleration, TechVision Fund, XGEN Venture30,0
20.03.2024Bezahl.deMotive Partners, PayPal Ventures, Seaya Ventures, Walter Ventures22,0
14.03.2024NeoTasteBurda Principal Investments, Christopher Huesmann, Earlybird Venture Capital, Kajetan Uhlig, Niklas Plath, Quick Coffee Ventures21,0
25.03.2024Volumina Medicaln/a19,3
27.03.2024Kranus HealthA-Round Capital, CapHorn Invest, Future Positive Capital, High-Tech Gründerfonds, Karista, Swiss Health Ventures, WENVEST Capital18,4
25.03.2024HemotuneBelmondo Family Office, EFI Lake Geneva Ventures, Hemex, Occident Group, VP Venture Partners, Zürcher Kantonalbank14,6
27.03.2024HiveOneRagtime, SC Ventures12,0
19.03.2024InstaffoCrosslantic Capital10,0
28.03.2024Midas6th Man Ventures, Axelar Foundation, BlockTower Capital, Cathay Ledger, Coinbase Ventures, FJ Labs, Framework Ventures, GSR, Hack VC, HV Capital, Lattice Capital, Pareto, Pear, Phaedrus, Theia Blockchain 8,0
29.03.2024TONCypher Capital, FJ Labs, MEXC Ventures, Mirana Ventures, Yolo Investments7,4
13.03.2024NectureBusinessAngels.fr, Energie 360, Smartworks Innovation, Speedinvest, Verbund X Ventures7,0
07.03.2024Fiat24SafePal5,8
20.03.2024Dryad NetworksBrandenburg Kapital, eCAPITAL entrepreneurial Partners, STIHL Ventures, Telus Pollinator Fund for Good, TenNine VC5,6
11.03.2024steadybitAngular Ventures, Boldstart Ventures, New Forge, Paladin Capital Group5,5
13.03.2024OdneDental Innovation Alliance, Hatcher+, NV Capital, Plug and Play Tech Center, Revere Partners, Zürcher Kantonalbank5,1
20.03.2024DaatoIBB Ventures, kopa ventures, Neosfer5,0
19.03.2024XaverAndreessen Horowitz, Cavalry Ventures, Christian Reber, Elmar Broscheit, EQT Ventures, Felix Ohswald, Jessica Holzbach, Julian Teicke, Lakestar, Mario Götze, Martin Blessing, Matthias Setzer, Michael Wax, Motive Partners, Notion Capital, Raffaele Terrone, Robin Capital, Sequoia, The Delta, Thomas Münkel, Tushar Ahluwalia5,0
14.03.2024Alithea GenomicsNovalis Biotech, TechU4,0
12.03.2024FrontnowIdentity Ventures, Peak, PROfounders Capital3,8
15.03.2024Acto468 Capital, Adesso Ventures, another.vc, Benedikt Franke, Cusp Capital Partners, Niklas Hellemann3,7
13.03.2024Orbio EarthEuropean Space Agency, Initialized Capital Management, Leap Forward Ventures, Y Combinator3,7
27.03.2024BloodLoopAva Labs, Based VC, Citizen Capital, Merit Circle3,7
20.03.2024Graswald.aiAndy Lenz, Angel Invest, Arnav Bhimbet, Christopher North, FOV Ventures, High-Tech Gründerfonds, Jens Lapinski, Lakestar, Martin Ostermayer, Notion Capital, Patrick Andrae, Philipp Klöckner, Robin Capital, Supernode Global3,0
19.03.2024goUrbann/a3,0
26.03.2024Innocent MeatGENIUS Venture Capital3,0
12.03.2024QuantistryAnanda Impact Ventures, BASF , Chemovator, Family Office, IBB Ventures3,0
14.03.2024InterloomAir Street Capital2,8
14.03.2024NaroAngel Invest, Discovery Ventures, La Famiglia, Loric Ventures, OMR X, Robin Capital2,7
13.03.2024SpherityBlockwall Management2,5
14.03.2024ThinkSonoBrandenburg Kapital, Calm/Storm Ventures, Crowdcube, Cur8 Capital, Dubai Angel Investors, Id4 Ventures2,5
26.03.2024Kern TecEuropean Innovation Council Fund2,5
13.03.2024AutonomoPotter Ventures, River Capital Management2,3
11.03.2024AQUATYBerthold von Freyberg, Mirko Novakovic2,3
19.03.2024ENAPIHello, World!, Project A Ventures, Seedcamp2,3
15.03.2024Ningaloo Biosystemsn/a2,0
22.03.2024Sparrow AnalyticsAscending Productions, Ground Capital2,0
26.03.2024ai-cousticsConnect Ventures, FOV Ventures, Inovia Capital, Jan Bohl1,9
05.03.2024SarcuraFFG Austrian Research Promotion Agency1,7
13.03.2024Tomorrow ThingsChristian Noske, High-Tech Gründerfonds, Markus Doetsch, Maximilian Eichler, Neoteq Ventures, Notion Capital, Robin Capital, Thomas Hollwedel, Thomas Langenegger1,5
04.03.2024i3 Membranen/a1,4
08.03.2024Imversen/a1,4
21.03.2024Paraspot97212 Ventures, ff Venture Capital, RE Angels1,3
28.03.2024Bavest TechnologiesBitpanda, Dieter Staib, Jens Rehwinkel, Nautical Ventures, Rezoom Capital1,1
21.03.2024Infrafonn/a1,0
08.03.2024LumnionBBVA AI Factory, Maxis Private Equity Portfolio Management, OBSS, VakifBank0,9
22.03.2024Tissue LabsMergus Ventures, MIT Alumni Angels of Northern California0,7
21.03.2024TeraSoln/a0,5
13.03.2024Siabitn/a0,2
25.03.2024Doofusn/a0,1
08.03.2024PermarLAUNCH Fund0,1
28.03.2024CureVisionEmpire State Development0,1
12.03.2024Cambridge Technology VisionFounders at the University of Cambridge0,1
06.03.2024KapnativeTenity0,1
07.03.2024Ampeers EnergySolaredge Technologiesn/a
20.03.2024BITAETFS Capital, Pamica, SIX Group, Volta Venturesn/a
15.03.2024Brightside AIUnit Venturesn/a
25.03.2024CI HUBBrandenburg Kapital, Business Angels Club Berlin-Brandenburg, High-Tech Gründerfonds, Scale Capital, Urban AMn/a
13.03.2024DeMRDWF Labs, JDI Capital, KuCoin Labs, LD Capital, Meteorite Labs, Paka Fund, Redline DAOn/a
28.03.2024EconetixASC Impact, Persistent, Voltaresn/a
13.03.2024Get More BrainUnicorn Factory Lisboan/a
20.03.2024Green FusionBitStone Capital, Brandenburg Kapital, kopa ventures, Vireo Ventures, XAnge, Übermorgen Venturesn/a
13.03.2024MozaikBayern Kapital, Haufe-Lexware, Mueller Medienn/a
19.03.2024NMKREMURGO Venturesn/a
21.03.2024ParticulaAsia Pacific Investment Partners, Blockchain Founders Capital, Futury Capital, Hatcher+, Plug and Play Tech Center, Vanagonn/a
06.03.2024Resolven/an/a
22.03.2024SemadoxMichael Pambalk-Riegern/a
26.03.2024Spirecutn/an/a
28.03.2024StackfieldNordwind Growthn/a
28.03.2024TechponicsStartLifen/a
26.03.2024TISMarlin Equity Partnersn/a

Source: Pitchbook

M&A/PE Deals Website

In March 2024, more than 45 tech M&A transactions with a total volume of EUR 4.0 billion took place in the DACH region. One of the most significant transactions was the sale of the Berlin Brands Group by Ardian, Bain Capital and Ergo Partners to the HPS Group.

Transactions by volume

DateTargetBuyerSeller
13.03.2024Berlin Brands GroupHPS GroupArdian, Bain Capital, Ergo Partners
28.03.2024InternetstoresPrivatpersonPrivatperson
18.03.2024RAD-xSwiss Life Asset Management, Vesper InfrastructureGilde Healthcare
11.03.2024ICG GroupSPIEH.I.G. Europe
25.03.2024Mindcurv GroupAccentureGenui Partners, Primepulse
21.03.2024SER GroupTA Associates ManagementJack Henry & Associates, The Carlyle Group
11.03.2024ZvooveLEA PartnersLEA Partners
14.03.2024EncavisKohlberg Kravis Roberts, Viessmann GroupAbacon Capital
25.03.2024InfodasAirbus GroupPrivatperson
07.03.2024CamptocampSwisscomEPFL Innovation Park
13.03.2024UltimateAbu Dhabi Investment Authority, Ares Management, GIC, Hellman & Friedman, Permira, ZendeskConnor Murphy, Dubai Future Accelerators, European Innovation Council Fund, Felicis, Horizon 2020 SME Instrument, HV Capital, Johanna Jouhki, Maki.vc, Maria 01, OMERS Ventures, SAP.iO, TechFounders, Techstars, Tesi
07.03.2024Chemspeed TechnologiesBrukerGründer
22.03.2024SwiboxEOS PartnersGründer
26.03.2024EconisWiitRenaissance KMU Schweizerische Anlagestiftung
15.03.2024greatcontentEurocom Translation ServicesMairDumont
07.03.2024ZizooBorrow A BoatApolloCapital, Austrian State Development Fund, aws Gründerfonds, Axel Springer Digital Ventures, Axel Springer Plug and Play Accelerator, Boris Vrhovac, CHECK24 Ventures, Coparion, Curious Capital, Dagmar Bottenbruch, Ennea Capital Partners, Finberg, Heinz-Werner Nienstedt, Mairdumont Ventures, Plug and Play Tech Center, PUSH Ventures, Revo Capital, Russmedia, Sam Shank
05.03.2024LocateeBerkshire Partners, Frontier Growth, Tango Management ConsultingConstructive Venture Fund, Flurin Müller, Fyrfly Venture Partners, Gregor Stücheli, SICTIC, Smartfin, Thomas Dübendorfer, Tomahawk.VC, Venture Kick, Verve Ventures, Zürcher Kantonalbank
01.03.2024Breitenbach Software EngineeringFive Arrows Managers North America, Five Arrows Principal Investments, Nordic Capital, Pantheon International, RLDatix, Stags Participations, Susquehanna Growth Equity, TA Associates Management, TorrealGründer
14.03.2024Gestalt RoboticsIndus HoldingGründer
25.03.2024ISC Innovative Systems ConsultingDatagroupGründer
22.03.2024SunStromDrewag - Stadtwerke DresdenNaturstrom
04.03.2024EYYESVector InformatikGründer
20.03.2024Omikron SystemhausFLEX Capital ManagementSirenia AcquiCo GmbH
22.03.2024Vanguard AutomationMycronicELAS Technologies
18.03.2024COGIAVCI GlobalCogia
11.03.2024DeepVAaiconixFirst Innovation Invest
11.03.2024MOTEGPoclain HydraulicsEuropean Commission, Hirschvogel Ventures, Seed and Startup Fund II Schleswig-Holstein
01.03.2024GetsuranceHELMSAUER Gruppe, Nordic CapitalNÜRNBERGER Beteiligungs
07.03.2024Botres GlobalBrookfield Oaktree Holdings, Hartree PartnersGründer
04.03.2024SplitOrderBirdAlexander Wedel, Daniel Wedel, Hessen Kapital, Michal Jarocki, MR Beteiligungen 17., Olaf Kempin
12.03.2024consolaRequest FinanceBlockchain Founders Fund, Blocktrade, Canva, Diamond Hands Ventures, Djurre Hoogeveen, Don Hoang, Florian Wimmer, Hans(wo)men Group, Johann Hansmann, LeadBlock Partners, Ming You See, Speedinvest, Xiao-Xiao Zhu
01.03.2024ReachConBeyond Capital Partners, ECD InternationalGründer
13.03.20243GSMRocscience, TA Associates ManagementRound2 Capital
21.03.2024IURIOLinde DigitalGründer
20.03.2024StrromRenergo, ROM TechnikGründer
13.03.2024MidFunderLevenueUmbricht Ventures
15.03.2024EasyDivorce.chamiable.chGründer
15.03.2024SheepblueProtimefloud ventures, Georg Polak, Growth Ninjas, Johannes Cech, Tecnet Equity, WeXelerate
26.03.2024Abaco SoftDESK Software & ConsultingGründer
19.03.2024amaZerviceBillbee, Bregal UnternehmerkapitalGründer
04.03.2024AtlasEdge ViennaAtlasEdge Data Centres, DigitalBridge GroupGründer
05.03.2024Beta Simulation SolutionsCadence Design Systemsn/a
05.03.2024Kabel BraunauBG CommunicationsGründer
05.03.2024msystems IT-SolutionsNetgo, Waterland Private Equity InvestmentsGründer
06.03.2024RelevoDuni GroupGründer
27.03.2024Ypsomed HoldingATP Private Equity Partners, Investindustrial, Medical Technology and Devices, QuattroRYpsomed Holding

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

Julia Alpert
alpert@borgmeier.de
+49 157 738 493 07