NFQ Capital
Lenbachplatz 1, c/o Ortenburg & Partner, Munich, 80333, Germany
Overview
They see ourselves as the “Entrepreneurs Behind the Entrepreneurs” and they take a very hands-on approach to investing. They strongly believe that the key to successful investing lies not just in finding the next outstanding internet brand – but in helping to create it. They focus on later-stage growth phases but do also seed and incubation stages. Additionally to our investment, they are supporting the success of entrepreneurs with a current team of 400+ development specialists delivering company-building services including strategy, engineering, operational scaling, recruiting, business development, product delivery, and product marketing. NFQ invests globally and across industries into companies which scale through a technology. NFQ has offices in Europe and San Francisco.
- Total investments
- 6
- Lead investments
- 1
- Investments · 12mo
- 1
- Active investors
- 3
Sector focus
- Financial Services
- Venture Capital
Investment portfolio
- Raus
Participated · Equity · Feb 2026
Founded in 2021 by Johann Ahlers, Dr. Christopher Eilers and Julian Trautwein, Raus operates a platform that places carefully designed, mobile cabins on unused rural land, offering guests short, uncomplicated escapes from urban life. Beyond accommodation, the company layers on extras such as alpaca walks, farm visits, guided meditation and local food packages, creating a holistic nature experience. Raus partners closely with land-owners, helping them monetize idle acreage while expanding its own inventory; within two years it has hosted thousands of guests across more than 50 cabins in nine German states. In 2023 the startup reports 500 % year-over-year revenue growth, a five-fold increase in guest numbers and a more-than-tripled volume of new bookings. The firm recently opened its first upscale nature resort, the Lodge am See in Lenzen, inside a UNESCO biosphere reserve. With fresh capital, Raus plans to launch a technology-enhanced “Cabin 2.0”, optimise its proprietary booking system and expand beyond Germany, starting with Austria, while adding more community sites and supplementary products to its platform. Distinguished backers from Airbnb, HomeToGo, TIER Mobility and others underscore strong investor confidence in the model.
- Productpine
Led · Seed · Feb 2022
Productpine operates a direct-to-consumer marketplace that enables brands to sell directly to consumers while retaining control of their brand and customer insights. The platform is designed to reduce reliance on costly advertising channels like Facebook and Google by enabling brands to share advertising costs and save up to 75%. Productpine also promotes cross-selling via a recommendation engine and refers customers through email and social channels to help brands attract new customers. The company says more than 90 international brands have joined the marketplace and over 600 brands are on the waiting list. Productpine plans to scale up its platform and onboard new brands using fresh capital. It was founded in 2019 by Camiel van Dooren, Vincent Hulshoff and Dimitar Maslarov and is based in Amsterdam.
- The Naked Market
Participated · Seed · Nov 2020
The Naked Market develops and launches healthier food brands using an end-to-end, asset-light infrastructure and a “fast fail” product development process. Its proprietary data tool, The Machine, aggregates over 15 million data points from Shopify, direct feedback, Amazon, retail POS and search trends to identify category opportunities and gauge product-market fit. The company handles distribution and has produced five brands to date, including Flock Chicken Chips, AvoCrazy, Project Breakfast, Beach House Bowls and a joint-venture popcorn brand with the Jonas Brothers. Its products have been on the market for just over 12 months; the company has 10 employees and reports triple-digit growth since its founding. The new capital will be used to scale existing brands, create new products, pursue M&A opportunities and expand into retail channels in the coming years. The Naked Market was founded in 2019 and expects to launch new brands in the first half of 2022. The Naked Market is a CPG company that has developed branded snacking and beverage products. The company has launched brands including acai Beach House Bowls, Flock Chicken Chips, and AvoCrazy Avocado Puffs. It closed a $6M seed funding round to support growth. The company plans to use the funds to add six additional brands over the next 12 months. One planned launch is Project Breakfast, a plant-based, keto-friendly morning beverage available in Vanilla Chai, Green Tea Matcha, and Morning Chocolate. Project Breakfast is formulated with 14 grams of protein, 3 grams net carbs, 2 grams of sugar, and MCT oils.
- Pop Meals
Participated · Seed · Feb 2017
Dahmakan is a Malaysian full-stack food delivery startup that creates and delivers its own meals using cloud kitchens. Its platform centers on an operating system that controls nearly every step of operations, from recipe development to last-mile delivery, and it operates satellite hubs located around cities to be closer to customers. Instead of delivering from restaurants, Dahmakan offers about 40 menu options each week drawn from a database of 2,000 dishes, selecting menus based on customer data and market research. Customers pick from a schedule of delivery times and menus are tailored using preferences and spending-habit data. The company was launched by former Foodpanda executives and was the first Malaysian startup to participate in Y Combinator. Financially, Dahmakan has raised $18M in a Series B, bringing total funding to about $28M. The startup positions its vertically integrated model as a way to reduce delivery costs and serve growing demand for food delivery in Southeast Asia. dahmakan is a Malaysia-based cloud kitchen and food delivery startup. The company operates cloud kitchens and provides food delivery services. It has announced a $5 million Series A funding round. The round was backed by both existing and new investors, and the article specifically names Partech Partners and China’s UpHonest Capital. The article does not disclose revenue, user metrics, prior rounds, or use of proceeds. Dahmakan operates an end-to-end food delivery service that cooks all dishes in-house and dispatches them to customers on scheduled delivery windows. The company markets healthier meal options and offers a Prime package for bulk meal purchases as well as business catering. On the tech side it has invested in logistics and AI, building the Dahmakan Intelligent Operator System (DIOS), a self-learning system to manage fleet and demand. Dahmakan says it is unit profitable and reports month-to-month sales growth of about 20% ongoing since launch. The startup was founded in 2015 by a trio of ex-FoodPandas (co-founder Jessica Li among them) and is based in Kuala Lumpur. It plans to use new funding to develop technology and explore expansion across Southeast Asia, with Indonesia and Thailand under consideration. Dah Makan operates a subscription-leaning, full-stack meal delivery service with fixed lunch and dinner menus and optimized delivery routes to control quality and costs. The service accepts last orders 45 minutes before time slots and pushes bulk credit packages (e.g., 5/20/50 meals for 99/379/999 MYR). The company processes more than 1,000 daily orders and says it is profitable on every order at the unit level, though marketing and overhead are not included in that claim. Dah Makan Prime accounts for the majority of current revenue. The team plans heavy investment in technology—routing, clustering, and rider-allocation learning—to improve operations. Management is targeting expansion into other parts of Southeast Asia before year-end while focusing this round on Kuala Lumpur rather than a Malaysia-wide roll-out.
- Fleet
Participated · Seed · Apr 2016
Fleet operates a marketplace that lets businesses compare freight forwarders, manage shipments and leave reviews, and the platform now hosts more than 500 freight forwarders. The company says its service can help businesses that make roughly five to 100 shipments per year save up to $30,000 and 800 hours annually by speeding quotes, account setup and shipment tracking. Fleet is building Fleet GDS, described as an industry-first global distribution system to link rates, automate bookings and documentation across airlines, ocean carriers, warehouses, trucks and customs brokers. The company also plans to launch an air freight platform next month with Lufthansa Cargo as a partner and service provider. Fleet began as Shipstr, launched at Disrupt San Francisco in 2014, and introduced its marketplace in July 2015. The product roadmap focuses on fixing fragmented industry communications between proprietary systems and EDI to increase efficiency, trust and transparency in the logistics supply chain. Fleet operates a marketplace that lets companies compare quotes from logistics providers and access reviews, ratings and shipment tracking. The company launched as Shipstr at Disrupt SF 2014, later rebranding and changing its business model. It pivoted from connecting small companies without freight brokers to international cargo service providers to a marketplace product launched last July. About 150 freight forwarders currently use Fleet’s quoting platform, and the company says users who compare quotes typically save 20% on shipping costs. Service providers on the platform can get better leads, reach more small businesses, and manage transactions in one place. Fleet says it will continue to focus on the needs of SMBs and to collect data to differentiate its marketplace as cross-border e-commerce grows.