Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Picus Capital is a prominent venture capital firm based in Munich, Germany, founded in 2015 by Alexander Samwer, Jeremias Heinrich, and Robin Godenrath. The firm operates with a unique evergreen capital structure, allowing for long-term investments without the constraints of traditional fund lifecycles. With a portfolio exceeding 200 companies, Picus Capital has established itself as a significant player in the venture capital landscape, boasting six unicorns and a remarkable annual internal rate of return (IRR) of over 40% since its inception. The firm has multiple offices across the globe, including locations in New York City, Beijing, Berlin, London, Bangalore, Singapore, Paris, and Mexico City, enabling it to maintain a strong presence in key markets. Picus Capital's second fund, which closed in 2025, has a total size of EUR 250 million, complemented by an additional EUR 150 million in preferred equity from Carlyle AlpInvest. This robust financial backing supports their strategy of active company building and long-term partnerships with exceptional founders.
Picus Capital primarily invests in the pre-seed, seed, and Series A stages, with check sizes ranging from $400,000 to $3 million, and a sweet spot around $1.5 million. The firm has a strong focus on sectors such as energy and climate, fintech, enterprise software, cybersecurity, artificial intelligence, healthcare, HR tech, logistics, mobility, and proptech. Their investment strategy emphasizes building category leaders through long-term partnerships with founders, allowing for a commitment horizon of 5-10 years. In the last twelve months, Picus Capital has made 50 investments, reflecting their active engagement in the market. The firm’s geographical focus is primarily on Europe, with a secondary reach extending to the United States, India, Southeast Asia, Latin America, and the MENA region. This diverse investment approach enables Picus Capital to tap into a wide array of innovative startups across various industries.
Picus Capital's portfolio includes over 200 companies, showcasing a diverse range of sectors and notable successes. Among their investments are six unicorns, including Personio, valued at $8.5 billion, and Enpal, with a valuation of EUR 2.2 billion. Other significant portfolio companies include Deel and Clara, which have also made substantial impacts in their respective markets. The firm has achieved one IPO and has been involved in over 16 acquisitions, demonstrating its capability to identify and nurture high-potential startups. Their strong focus on fintech, HR tech, and energy sectors has positioned them as a leader in these rapidly evolving industries. With a commitment to active company building, Picus Capital not only provides capital but also strategic and operational support to help their portfolio companies scale effectively.
Alexander Samwer - Co-founder, known for his extensive experience in venture capital and entrepreneurship, particularly in scaling technology companies.
Jeremias Heinrich - Co-founder, focuses on investment strategy and operational support for portfolio companies.
Robin Godenrath - Co-founder, specializes in identifying high-potential startups and fostering long-term partnerships with founders.
To pitch Picus Capital, founders should prepare a detailed pitch deck that outlines their business model, market opportunity, and growth strategy. While specific submission guidelines are not provided, it is recommended to seek warm introductions where possible to enhance the chances of engagement.
In the last twelve months, Picus Capital has made 50 investments, showcasing their active engagement in the venture capital space. They closed their second fund, EUR 250 million, in 2025, and secured an additional EUR 150 million from Carlyle AlpInvest in December 2025, further solidifying their position as a leading investor in early-stage technology ventures.
Picus Capital invests primarily in pre-seed, seed, and Series A stages. They focus on early-stage companies that are looking to build and scale their operations.
Founders interested in pitching Picus Capital should prepare a comprehensive presentation that outlines their business model, market opportunity, and growth strategy. While specific submission guidelines are not provided, a well-structured pitch deck is essential.
Picus Capital has a diverse investment focus, including sectors such as energy and climate, fintech, enterprise software, cybersecurity, AI, healthcare, HR tech, logistics, mobility, and proptech.
The typical check size for investments made by Picus Capital ranges from $400,000 to $3 million, with a sweet spot around $1.5 million.
Picus Capital primarily invests in Europe, but they also have a secondary focus on markets in the United States, India, Southeast Asia, Latin America, and the MENA region.
While specific details about the application process are not provided, it is advisable for founders to reach out directly to the firm with their pitch materials and to seek any potential warm introductions.
Picus Capital emphasizes active company building, offering strategic and operational support to their portfolio companies. This includes access to their extensive network and industry expertise, which can be invaluable for startups looking to scale.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.