42CAP
German venture capital manager investing in technology start-ups.
Available information varies by company and source.
Profile record updated:
Company facts
- Official name
- 42CAP Manager GmbH
- Entity type
- COMPANY
- Founded
- 2016
- Headquarters
- Seitzstr. 14, 80538 Munich
- Company size
- 10–49
- Market role
- Private Equity, VC & Investor
- Official website
- 42cap.com
What 42CAP does
42CAP operates as a venture capital fund manager. It raises capital from institutional and other limited partners into managed funds, deploys that capital into private technology companies, supports portfolio development, and seeks returns through future financings, secondary sales, or acquisitions. The management company captures value through recurring management fees on committed or invested capital and performance-based carry when portfolio gains are realised.
Category differentiation
This is a venture capital fund manager, not an adtech, martech, or software operating company. It should be distinguished from portfolio companies it has funded or exited, such as conversational AI vendors.
Strategic context
AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.
42CAP is a Germany-based venture capital manager operating through the legal entity 42CAP Manager GmbH. Based on the supplied evidence, it manages investment vehicles including 42CAP II Opportunity GmbH & Co. KG, receives backing from institutional capital providers such as the European Investment Fund, and has participated in portfolio exits, including the sale of e-bot7 GmbH to LivePerson. Its customers are primarily limited partners allocating capital to venture funds and technology start-ups seeking equity financing. The firm creates value by sourcing, investing in, and supporting private technology companies, then monetising through fund management fees and carried interest tied to portfolio appreciation and exits.
Company news briefing
Briefing updated:
42CAP has updated its investment portfolio, adding productivity mining firm KYP.ai while removing Scoutbee. The firm has also strengthened its internal team through the promotion of Pauline Tilla Rittstieg from Associate to Investment Manager. Furthermore, 42CAP has enhanced its corporate presence by providing detailed professional profiles for its leadership team, reflecting a broader effort to formalise its operational structure and highlight team expertise.
Business model & monetisation
The monetisation model is fund management rather than software or media sales. Revenue is generated through annual management fees charged on venture funds under management, supplemented by carried interest from profitable exits or distributions. Portfolio realisations, such as the e-bot7 exit, are part of the return engine rather than direct operating revenue in the software sense.
- Fund management fees
- Recurring fee on managed capital
- Carried interest
- Performance participation on realised gains
- Potential advisory or related fund economics
- Ancillary manager-level income
Products & capabilities
No products with linked sources are available in this view.
Recent recorded signals
Dates refer to the source publication. Older entries are historical context, not evidence of a new event.
Osavul raises €8.5M for AI threat detection
Funding · Recorded impact score: 2/5
Osavul, a startup providing AI-based hostile threat detection, has raised €8.5 million in a Series A funding round. The round was led by 33N Ventures, with participation from Balnord, G+D Ventures, and existing investor 42CAP. Founded by Ukrainians Dmytro Plieshakov and Dmytro Bilash in response to Russia's invasion of Ukraine, Osavul's platform monitors open-source data to detect disinformation campaigns, cyber threats, and physical threats. The tech is used by NATO and defense enterprises. The company will use the funds to grow its enterprise client base and expand government and defense work. The startup has raised approximately €12 million in total funding.
- Osavul raised €8.5 million in a Series A funding round.
- The round was led by 33N Ventures with participation from Balnord, G+D Ventures, and 42CAP.
Deepslate raises €7.7M for European voice AI
AI · Recorded impact score: 2/5
Berlin-based voice AI company Deepslate has raised €7.7 million in a seed round led by Munich-based investor 42CAP, with participation from Alstin Capital, existing investor SIVentures, and business angels. Founded in 2023 by Paskal Paesler and Jan Brachthäuser, Deepslate develops end-to-end speech-to-speech AI models that process spoken language directly without converting to text first, emphasizing European languages and EU-hosted infrastructure. The company claims a 440ms response time in benchmarks and best error rates for European languages. Its technology is used by insurers, contact centres, and platforms, offering self-service API and enterprise hosting. Deepslate hosts models in Telekom Cloud in Germany for data sovereignty, is ISO 27001 certified, and claims costs up to 2 cents per conversation minute. The 15-person team will use funding to expand model training, European data programs, sales/marketing, and production infrastructure in EU data centers.
- Deepslate raised €7.7 million in a seed round led by 42CAP, with participation from Alstin Capital, SIVentures, and business angels.
- Deepslate develops end-to-end speech-to-speech AI models that process audio directly, bypassing text conversion.
Kontext Raises $4M for AI Agent Security Platform
AI Security · Recorded impact score: 3/5
Kontext, a security startup founded by Jens Ernstberger and Michel Osswald, has secured $4 million in funding to expand its runtime security platform for AI agents. The investment round was led by 42CAP, with participation from a16z CSX and HTGF. Kontext's platform provides organizations with visibility and control over AI agent actions, evaluating agent activity in real-time against security policies. It addresses risks as agents operate software, access files, and use credentials. The funding will be used to expand the engineering team and continue developing the runtime enforcement platform.
- Kontext raised $4 million in funding.
- The funding round was led by 42CAP, with participation from a16z CSX and HTGF.
Explore company relationships
Questions about 42CAP
What is 42CAP?
42CAP is a private venture capital manager based in Germany that manages investment vehicles and backs technology companies.
Who uses 42CAP?
Its direct counterparties are limited partners allocating capital to venture funds and founders seeking venture investment.
How does 42CAP make money?
It primarily earns management fees on funds under management and carried interest from successful portfolio exits.
Sources & coverage
This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.
15 publicly documented primary sources and citations linked across the market graph.
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