Alstin Capital funding news – Munich-based Alstin Capital has Secured €175 Million in Funding

The fund focuses on investing in European B2B software companies at the Seed and Series A stages, mainly in the DACH region, with investments between €2 million and €7 million.

Supported by foundations, insurance companies, banks, family offices, and high-net-worth individuals, Alstin III aims to help fast-growing startups scale.

Carsten Maschmeyer, Managing Partner of Alstin Capital, shared the firm’s strategic approach: “We are particularly proud that more than 90% of all investors from Alstin II have now joined Alstin III. We received so many commitments that we could have raised the hard cap to €250 million, but we chose not to. We aim to further internationalise our portfolio, and our first three investments already span three different countries.”

Before closing, Alstin III had already invested in three notable European startups:

• Flowit, based in Zurich, Switzerland, provides solutions for employee development, motivation, and retention, focusing on "frontline" workers like caregivers, service staff, and production employees, who are facing labor shortages.
• NORBr, based in Amsterdam, Netherlands, offers software that helps quickly set up payment systems while reducing administrative work.
• Etalytics, based in Darmstadt, Germany, creates AI-powered energy management solutions that help reduce energy use in data centers by an average of 37%.

Alstin I, founded with family capital, set the stage for Alstin II, which raised €108 million in 2017 and is now fully invested as of late 2023.

The €175 million raised for Alstin III, starting in February 2024, will help Alstin Capital expand its portfolio internationally while continuing to support startups that are changing industries.

Read also - Taito.ai funding news - Helsinki-based Taito.ai has Secured €2.5 Million in Seed Funding

Alstin Capital’s portfolio includes startups like Blacklane, Orderbird (exit), pflege.de (exit), alyne (exit), Deskbird, retraced, pliant, usercentrics, Klarna, and Nect.

About Alstin Capital

Based in Munich, Alstin Capital is an early-stage venture capital fund that invests in fast-growing Seed and Series A B2B software companies across Europe.