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eCAPITAL

Hafenweg 24, Münster, Nordrhein-Westfalen, 48155, Germany

Overview

Founded in 1999, eCAPITAL is an entrepreneur-led venture capital investor focusing on early- and growth-stage deep-tech companies with a positive impact on society. eCAPITAL is based in Germany and invests with its own funds with a total volume of over € 340 million in the areas of Sustainability, Enterprise Software, Cybersecurity, IoT and New Materials. In addition to financial resources, eCAPITAL offers its portfolio companies strategic support and access to an international network of entrepreneurs, scientists, investors and founders and was lead investor in various deep-tech companies such as sonnen, Novaled or Jedox, which were sold very successfully to international corporates or investors.

Total investments
49
Lead investments
22
Investments · 12mo
7
Active investors
10

Sector focus

  • Business Development
  • Financial Services
  • Venture Capital
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Investment portfolio

  • Dawnguard

    Participated · Seed · Jul 2026

    Dawnguard builds an AI-native cybersecurity platform that converts secure cloud architectures into deployable Infrastructure as Code, continuously visualizes environment relationships, prevents post-deployment security drift, and automates global compliance validation. The company is led by co-founders Mahdi Abdulrazak (CEO) and Kim van Lavieren (CTO) and is headquartered in Amsterdam. Dawnguard recently transitioned from working via enterprise design partnerships to general availability. Financially, the company has raised over $6.3M in total capital following the additional $3.3M pre-seed round. Planned uses of the new funds include accelerating product development, expanding its AI-driven architecture intelligence systems, opening a corporate office in New York City, and scaling its enterprise go-to-market efforts.

  • QuoIntelligence

    Participated · Series A · Apr 2026

    QuoIntelligence, founded in Frankfurt in 2020, provides finished threat intelligence that is analysed, contextualised, and stored within the EU for mid-market organisations across finance, government, manufacturing, retail, and transportation. Its analyst-first model combines Mercury, an AI-powered threat intelligence platform, with a team of European analysts who review and curate outputs in clients’ languages and sectors; KARLA, a conversational AI analyst, makes that intelligence accessible across organisational levels. The company emphasizes European data sovereignty, is incorporated under German law, operates entities in Spain and Italy, and stores all intelligence data on German soil. QuoIntelligence targets demand driven by regulatory frameworks such as NIS2 and DORA and positions its offering as an alternative to non‑EU vendors. The firm intends to use new funding to expand go-to-market efforts, advance product development, and grow its team.

  • VisioLab

    Led · Series A · Apr 2026

    VisioLab offers an AI that recognizes food and beverages via camera—without barcodes or specialized hardware—and runs as an app on a standard Apple iPad paired with a compact Bluetooth payment terminal. The system identifies products within seconds, displays prices, and enables payment, with the company saying the full setup can be operational in under five minutes. VisioLab reports it processes around one million transactions per month and operates 43 systems in the Orlando Magic arena, covering nearly the entire stadium per the company. Its U.S. sports customers include NFL teams Atlanta Falcons and Carolina Panthers and MLS club Inter Miami, and it partners with global caterers Compass Group and Aramark. In Germany, roughly one in three university campuses uses the technology through student services, and the system is deployed in staff restaurants at DAX-listed corporations and companies in banking, insurance, and automotive sectors. The company plans to expand internationally and increase headcount to support growth in sports, corporate, and campus segments.

  • Cleafy

    Led · Series B · Mar 2026

    Cleafy is a cybersecurity company focused on the banking sector, offering a platform that analyses digital signals across web, mobile, backend, and network channels to spot fraud and cyberattacks at their earliest stages. By blending these data sources with real-time threat intelligence, the system identifies malicious infrastructure, attacker behaviour, and evolving attack patterns weeks before they can inflict damage. The firm recently launched Cleafy for Workforce, extending its approach to detect insider threats and compromised employee accounts within corporate environments. Cleafy reports zero customer churn over more than a decade, reflecting strong retention among European banks facing new regulations like DORA and NIS2. With fresh capital, the company intends to accelerate development of its predictive security capabilities, expand global threat analysis, and deepen its presence in European and Latin American financial markets. Including the latest financing, Cleafy has raised €22 million to date.

  • FLEXOO

    Led · Series A · Feb 2026

    FLEXOO GmbH is a Germany-based deep-tech company that builds a Physical AI platform composed of ultra-thin (sub-200 µm), free-form factor sensors and an edge-AI stack. The sensors can be invisibly integrated into batteries, automotive parts and other electronic surfaces, continuously delivering high-precision operational data that traditional sensing architectures cannot access. Validation projects with leading battery manufacturers have shown the technology can improve cell capacity by up to 5 % while enabling early-warning diagnostics to prevent failures. The platform’s manufacturing process relies on high-volume printing, allowing scalable, cost-efficient production and flexible geometries. FLEXOO also claims a world-leading tactile sensor noted for accuracy and reliability, broadening its addressable market across battery storage, e-mobility and industrial IoT. With fresh capital, the company intends to expand international sales and support, secure large supply contracts, ship advanced prototypes to strategic partners, and reinforce its IP portfolio through 2026. These initiatives aim to position FLEXOO as the foundational data layer for AI applications that require granular, real-time physical insights.

Team