Smart Infrastructure Ventures Launches €30M Fund To Support Early-Stage Startups

The fund aims to invest in around 30 startup teams, primarily in the DACH region, with initial investments of up to €500,000 per company.

“We have already recorded two successful exits, such as the sale of the Leipzig-based digital health startup mentor to the US medical technology group ResMed. This significant exit after a short period of time has naturally had a positive impact on our fundraising for SIVentures II,” explains Dirk Frohnert, one of the two managing directors of SIVentures.

Founded in 2019, SIVentures was established by Björn Bauermeister, a former trader at BNP Paribas in New York and London, and Dirk Frohnert, a former fund manager at JPMorgan in London. They are joined by Falk Trietsch, who serves as investment manager.

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Together, the team brings over 20 years of experience in investment and entrepreneurship.

SIVentures collaborates closely with the SpinLab group, known for running several accelerator programs across Germany and maintaining a strong network of partners.

“As an active investor, we not only offer startups capital, but also see ourselves as a proactive sparring partner,” adds Björn Bauermeister, the second Managing Director of SIVentures.

Following the successful close of its first fund in 2024, SIVentures has already secured over 75% of the €30 million target for its second fund—aiming to double the size of the original.

Notable successes from the first fund include Enginsight, a cybersecurity company based in Jena. According to SIVentures, portfolio companies from the initial fund have collectively created over 300 jobs in Germany.

The new fund is focused on B2B startups at the pre-seed and seed stages. It has already made four investments in areas such as AI, software development, and enterprise software, with additional opportunities currently in the due diligence phase.

About SIVentures

Founded in 2019, SIVentures was established by Björn Bauermeister, a former trader at BNP Paribas in New York and London, and Dirk Frohnert, a former fund manager at JPMorgan in London. They are joined by Falk Trietsch, who serves as investment manager.