# Expon Capital: portfolio, investments and team > Expon Capital is a vc firm based in Luxembourg. 4 investments on record, latest Apr 2025. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/expon-capital (Millionrounds; every figure on the page links to its filing or article) Luxembourg · [Investor](https://millionrounds.com/investors) # Expon Capital Last cheque observed Apr 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email VC firm Quiet Seed Series A Series B Utilities Wind Sustainable Follow Expon Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fexpon-capital) Cheques on record **0%** of best year **0** **cheques in 12 months**, 4 on record Since the last cheque **580** days **00** hrs **00** min **00** sec Median round **$16M** Cheque size, as they say **$1.0M – $5.0M** Rounds led **0 of 4** Pitch Expon Capital ## Expon Capital highlights - 01 4 rounds on record - 02 Mostly Growth and Seed: 67% of its rounds ## What they do > Luxembourg's VC fund for AI & deep tech founders. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** $1.0M – $5.0M as they say - **Stages:** Seed Series A Series B Growth - **Sectors:** Utilities Wind Sustainable - **Based in:** Luxembourg City, Luxembourg - **Cold pitches:** Accepted ## The record Every round we can evidence, newest first **4 appearances** - **2025** 2 rounds - **Apr** **[Exobiosphere](https://millionrounds.com/company/exobiosphere)** Seed · LU · Silicon Canals **$2.2M** With 3 others - **Feb** **[MarketLeap](https://millionrounds.com/company/marketleap)** Series A · LU · TechStartups **$8.0M** With 5 others - **2020** 1 round - **Dec** **[OCUS](https://millionrounds.com/company/ocus)** Growth · FR · Firms' own news pages **$24M** With 2 others - **2019** 1 round - **Sept** **[Spire](https://millionrounds.com/company/spire)** US · Cnbc **$40M** With 7 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team We hold **7** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## The cheque Seed Series A Series B Median round joined **$16M** the round, not its cheque Led 0 of 4 rounds **0%** - **Said size:** $1.0M – $5.0M - **Sole investor:** Never alone - **Last cheque:** Apr 2025 Rounds by stage said on their site - Growth said *1* - Seed said *1* - Series A said *1* - Series B said *-* Cheques by month Led Joined Dec 2023 Nov 2026 **Pitching Expon Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies Expon Capital put money into. [**Exobiosphere** $2.2M · Apr 2025](https://millionrounds.com/company/exobiosphere)[**MarketLeap** $8.0M · Feb 2025](https://millionrounds.com/company/marketleap)[**OCUS** $24M · Dec 2020](https://millionrounds.com/company/ocus)[**Spire** $40M · Sept 2019](https://millionrounds.com/company/spire) ## On podcasts 1 episode naming Expon Capital in the title. - [Tech.eu](https://millionrounds.com/podcasts/tech-eu) 18 Apr 2016 · 22 min Q1's record funding, Accel & Expon Capital's new funds, Playbrush raise a round, interview with Drivy and we discuss the Baltics Mentions [Accel](https://millionrounds.com/fund/accel)[Expon Capital](https://millionrounds.com/fund/expon-capital)[Roxanne Varza](https://millionrounds.com/fund/roxanne-varza) Apple PodcastsShow page ## Quick answers about Expon Capital ### What does Expon Capital invest in? Expon Capital invests most often at Growth and Seed (67% of the rounds on record), in sectors such as Utilities, Wind and Sustainable. ### How active is Expon Capital? 4 investments on record, 0 of them in the last 12 months. The most recent was in Apr 2025. ### What has Expon Capital invested in recently? Its most recent investments on record: Exobiosphere (Seed, Apr 2025), MarketLeap (Series A, Feb 2025) and OCUS (Growth, Dec 2020). ### How big are Expon Capital's cheques? The median round it joins is $16M. It says it writes cheques of $1.0M to $5.0M. ### Is Expon Capital investing now? No investments in the last 12 months; the latest was in Apr 2025. ### What kind of investor is Expon Capital? Expon Capital is a VC firm based in Luxembourg City, Luxembourg. ### Does Expon Capital take cold pitches? Yes: its own website says it reads unsolicited pitches. ### Where does this information on Expon Capital come from? From 4 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=expon-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=expon-capital)