Lakestar
Bahnhofstrasse 18, Zurich, 8001, Switzerland
Overview
Lakestar is a venture capital firm investing in technology companies led by exceptional entrepreneurs. Early investments included Skype, Spotify, Facebook, and Airbnb. Since raising the first fund in 2013, Lakestar manages an aggregated volume of over EUR 1bn across three early-stage funds, and more recently a growth fund. The company has expanded and broadened its portfolio and holds investments in the likes of Opendoor, Oscar, GetYourGuide, Glovo, Sender, Eigen, Five, Revolut, and Hometogo to name a few. Lakestar has a presence in Berlin, Zurich, and London. Lakestar helps companies to identify new markets and expand into them rapidly, with a focus on the US and Europe. The team advises and supports portfolio companies in business development, recruitment, technology, and marketing. The investments range from early-stage companies to those in their growth stage.
- Total investments
- 162
- Lead investments
- 61
- Investments · 12mo
- 26
- Active investors
- 10
Sector focus
- FinTech
- Real Estate
- Telecommunications
Investment portfolio
- Twin1
Participated · Seed · Aug 2026
Twin1 develops digital twins tailored for lawyers and has just come out of stealth. The company is led by CEO Lewis Z. Liu, previously CEO of Eigen, and co-founded with former Eigen colleagues Tom Cahn and Huiting Liu. Twin1 announced a $20 million Seed round co-led by Bessemer Venture Partners to fund its initial scaling after launch. The articles note the broader context of multiple legal AI companies moving into related areas such as context development, personalization, and knowledge sharing. No operating metrics, valuation, location, or detailed product roadmap were disclosed in the pieces.
- Mindgard
Participated · Series A · Aug 2026
Mindgard operationalizes AI security research and offensive-security expertise through a Security Platform that performs Shadow AI discovery, AI red teaming, and run-time AI protection across models, agents, and applications. The company was spun out of over a decade of AI security research at Lancaster University and is headquartered in Boston and London. Mindgard's platform has been used to uncover and publicly disclose more than 150 high-impact security and safety vulnerabilities in widely used AI products, including a zero-day code execution vulnerability in Cursor IDE, a trusted workspace flaw in Google Antigravity, and image-generation guardrail failures in ChatGPT. Its customer base includes a large number of Fortune 2000 companies and AI innovators across financial services, pharmaceuticals, gaming, digital services, semiconductors, and healthcare. The company plans to scale product, engineering, sales, and marketing following its $30M Series A to meet significant enterprise demand.
- Cambridge Aerospace
Participated · Series C · Aug 2026
Cambridge Aerospace develops defence systems including the drone interceptor Skyhammer, the missile interceptor Starhammer (planned to come to market next year) and the radar system Looking Glass. Founded in 2024 and led by CEO Steven Barrett, the company has secured multiple contracts with the UK Ministry of Defence, including a multi-million-pound contract to supply Skyhammer to the UK Armed Forces. The startup has expanded presence into Germany, Poland, Norway, Ukraine and Australia. Financially, it recently raised $300M in a Series C at a $3.4B valuation following a $200M Series B at a $1.3B valuation in April. Cambridge Aerospace plans to use the new capital to scale manufacturing to meet contract delivery requirements and to continue investing in development and commercialization of its products. Starhammer is slated to come to market next year, while the company continues to develop and bring additional products to market.
- Agon
Participated · Seed · Jul 2026
Agon develops a synthetic battle arena that enables defence companies, AI developers, and governments to rapidly develop, evaluate, and continuously improve autonomous capabilities at scale. The company positions itself as a provider of sovereign defence AI infrastructure for Europe. Agon emerged from stealth with a $30 million seed round led by Lakestar, which it will deploy toward building and scaling its infrastructure. The founding team includes Tristam Constant, Junaid Hussain, and David Helgason, and the broader team brings experience from firms such as Anduril, Applied Intuition, Google, Helsing, Palantir, Amazon, Unity, and Havok. Public reports do not disclose revenue, user metrics, or prior funding rounds.
- Neko Health
Participated · Series C · Jul 2026
Neko Health runs the Neko Health Scan, a 60-minute comprehensive, non-invasive, radiation-free assessment that captures millions of health data points using proprietary sensors alongside blood analysis and delivers results with an in-person clinician consultation. Since launching in February 2023, Neko has expanded clinics across Sweden and the U.K., recently opening a new Stockholm clinic and rolling out next-generation devices (Derma-2, Echo-2, Spectrum-2) and body-composition measures. Over 350,000 people have registered for a scan and more than 100,000 members have completed one, with about 75% of members prepaying for a follow-up scan at the end of their appointment. Neko reports measurable health improvements for returning members, including statistically significant improvements in five of seven key biomarkers and many previously severe conditions brought under control. The company is focused on scaling clinic footprint and iterating its in-house tech stack, with planned U.S. expansion and continued investment in hardware and its health data platform.