# Paua Ventures: portfolio, investments and team

> Paua Ventures is a vc firm based in Germany. 47 investments on record, 3 in the last 12 months, latest Jul 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/paua-ventures (Millionrounds; every figure on the page links to its filing or article)

Germany · [Investor](https://millionrounds.com/investors)

# Paua Ventures

Last cheque observed Jul 2026; 47 cheques on record.

Deploying now VC firm Website unconfirmed Now at squareone.vc

Growth Pre-seed Seed B2B CRM Climate Impact (Broad)

Deploying now

**33%** of best year **3** **cheques in 12 months**, 47 on record

Since the last cheque **90** days **00** hrs **00** min **00** sec

Median round **$9.0M** Rounds led **0 of 47** Sole investor **3 rounds** Exits **4 from the portfolio** Mostly in **Germany, 55%**

Pitch Paua Ventures

## Paua Ventures highlights

- 01 3 cheques in the last 12 months
- 02 Mostly Seed and Series A: 73% of its rounds
- 03 Sole investor in 3 rounds, median $8.5M
- 04 4 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Growth Pre-seed Seed Series A Series B
- **Sectors:** B2B CRM Climate Impact (Broad)
- **Based in:** Berlin, Germany
- **Cold pitches:** Not stated

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=paua-ventures).

## The record

Every round we can evidence, newest first **47 appearances**

- **2026** 3 rounds
- **Jul** **[ZuriQ](https://millionrounds.com/company/zuriq)** Seed · CH · Firms' own news pages **$26M** With 7 others
- **Jun** **[Graph Therapeutics](https://millionrounds.com/company/graph-therapeutics)** Seed · AT **$5.0M** With 1 other
- **Feb** **[Flinn.ai](https://millionrounds.com/company/flinn-ai)** Series A · AT · Ventureburn **$20M** With 4 others
- **2025** 7 rounds
- **Sept** **[Ultralytics](https://millionrounds.com/company/ultralytics)** Series A · US **$30M** With 1 other
- **Mar** **[C1 Green Chemicals](https://millionrounds.com/company/c1-green-chemicals)** Venture · DE **$16M** Sole investor
- **Feb** **[Phase](https://millionrounds.com/company/phase)** Series A · DE · TechCrunch **$13M** With 12 others
- **Feb** **[PartsCloud](https://millionrounds.com/company/partscloud)** Seed · DE **$5.2M** With 1 other
- **Feb** **[SEMRON](https://millionrounds.com/company/semron)** Seed · DE **$2.5M** With 4 others
- **Jan** **[Zuriq](https://millionrounds.com/company/zuriq)** Seed · CH **$4.2M** With 3 others
- **Jan** **[Graph Therapeutics](https://millionrounds.com/company/graph-therapeutics)** Pre-seed · AT **$3.1M** Sole investor
- **2024** 3 rounds
- **Jun** **[Hero](https://millionrounds.com/company/hero)** Series A · US **$12M** With 3 others
- **Jun** **[atmio](https://millionrounds.com/company/atmio)** Seed · DE **$5.5M** With 4 others
- **Jun** **[Coboworx](https://millionrounds.com/company/coboworx)** Venture · DE **$12M** With 1 other
- **2023** 7 rounds
- **Nov** **[Retorio](https://millionrounds.com/company/retorio)** Series A · DE **$9.8M** With 2 others
- **Oct** **[Tylko](https://millionrounds.com/company/tylko)** Debt · PL **$7.9M** With 2 others
- **Mar** **[Hygraph](https://millionrounds.com/company/hygraph)** Series B · DE **$30M** With 1 other
- **Mar** **[Glassfy](https://millionrounds.com/company/glassfy)** Seed · IT **$3.2M** With 1 other
- **Mar** **[Edgeless Systems](https://millionrounds.com/company/edgeless-systems)** Seed · DE **$5.0M** With 2 others
- **Feb** **[xolo](https://millionrounds.com/company/xolo)** Series A · DE **$8.5M** Sole investor
- **Jan** **[inai](https://millionrounds.com/company/inai)** Venture · US **Undisclosed** With 4 others
- **2022** 3 rounds
- **Sept** **[Detectify](https://millionrounds.com/company/detectify)** Venture · SE **$10M** With 3 others
- **Aug** **[Pyne](https://millionrounds.com/company/pyne)** Pre-seed · DE **$2.6M** With 1 other
- **Apr** **[Procuros](https://millionrounds.com/company/procuros)** Seed · DE **$9.0M** With 3 others
- **2021** 3 rounds
- **Dec** **[Deed](https://millionrounds.com/company/deed)** Series A · US **$10M** With 3 others
- **Oct** **[Consentio](https://millionrounds.com/company/consentio)** Venture · ES **$5.2M** With 4 others
- **Sept** **[Lhotse](https://millionrounds.com/company/lhotse)** Seed · DE **$5.9M** With 1 other
- **2020** 1 round
- **Sept** **[Outfunnel](https://millionrounds.com/company/outfunnel)** Pre-seed **$2.5M** With 3 others
- **2019** 1 round
- **Nov** **[Detectify](https://millionrounds.com/company/detectify)** SE · TechCrunch **$23M** With 3 others
- **2018** 4 rounds
- **Dec** **[Wandelbots](https://millionrounds.com/company/wandelbots)** Series A · DE · FinSMEs **$6.8M** With 1 other
- **Dec** **[Codasip](https://millionrounds.com/company/codasip)** Series A · DE · Businesswire **$10M** With 4 others
- **Jul** **[Lesara](https://millionrounds.com/company/lesara)** Series D · DE · Tech.eu **$35M** With 6 others
- **Jun** **[Silexica](https://millionrounds.com/company/silexica)** Series C · DE · FinSMEs **$18M** With 3 others
- **2015** 3 rounds
- **May** **[Pipedrive](https://millionrounds.com/company/pipedrive)** Series A **$9.0M** With 3 others
- **Mar** **[KIWI](https://millionrounds.com/company/kiwi)** Series A · DE **$4.4M** With 2 others
- **Mar** **[Detectify](https://millionrounds.com/company/detectify)** Seed · SE **$1.7M** With 5 others
- **2014** 3 rounds
- **Oct** **[Termine24 GmbH](https://millionrounds.com/company/termine24-gmbh)** Venture · DE **Undisclosed** With 1 other
- **Oct** **[Lesara](https://millionrounds.com/company/lesara)** Series A · DE **$7.0M** With 8 others
- **Jan** **[Amorelie](https://millionrounds.com/company/amorelie)** Seed · DE **Undisclosed** With 3 others
- **2013** 3 rounds
- **Nov** **[Talentory.com](https://millionrounds.com/company/talentory-com)** Series B · CH · talentory.com **$1.7M** With 2 others
- **Oct** **[Oomba](https://millionrounds.com/company/oomba)** Debt · US · marketwire.com **$1.3M** With 3 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.

## What they claim to have backed

From their own portfolio page (on their website)

**25** of 37 we have independently watched raise

[Anytype](https://millionrounds.com/company/anytype)[Atmio](https://millionrounds.com/company/atmio)[Codasip](https://millionrounds.com/company/codasip)[Consentio](https://millionrounds.com/company/consentio)[Detectify](https://millionrounds.com/company/detectify)[Digitalgenius](https://millionrounds.com/company/digitalgenius)[Flinn](https://millionrounds.com/company/flinn-ai)[Glassfy](https://millionrounds.com/company/glassfy)[Hygraph](https://millionrounds.com/company/hygraph)[Inai](https://millionrounds.com/company/inai)[Keelvar](https://millionrounds.com/company/keelvar)[Lhotse](https://millionrounds.com/company/lhotse)[Outfunnel](https://millionrounds.com/company/outfunnel)[Partscloud](https://millionrounds.com/company/partscloud)[Phase](https://millionrounds.com/company/phase)[Pipedrive](https://millionrounds.com/company/pipedrive)[Procuros](https://millionrounds.com/company/procuros)[Pyne](https://millionrounds.com/company/pyne)[Retorio](https://millionrounds.com/company/retorio)[Semron](https://millionrounds.com/company/semron)[Stripe](https://millionrounds.com/company/stripe)[Tylko](https://millionrounds.com/company/tylko)[Ultralytics](https://millionrounds.com/company/ultralytics)[Wandelbots](https://millionrounds.com/company/wandelbots)[Zuriq](https://millionrounds.com/company/zuriq) Alokai Avayl Carbon Edgeless Firestart Flynow-aviation Heropay Joindeed Noscendo Relimetrics Wellabe Xolo3d

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **4 in all**

**[Amorelie](https://millionrounds.com/company/amorelie)** Bought by [ProSiebenSat.1 Media SE](https://millionrounds.com/fund/prosiebensat-1-media-se) **Undisclosed** Mar 2015

**[Flaconi](https://millionrounds.com/company/flaconi)** Bought by [ProSiebenSat.1 Media SE](https://millionrounds.com/fund/prosiebensat-1-media-se) **Undisclosed** Mar 2015

**[JustBook](https://millionrounds.com/company/justbook)** Bought by [Secret Escapes](https://millionrounds.com/fund/secret-escapes) **Undisclosed** Jan 2014

**[Producteev](https://millionrounds.com/company/producteev)** Bought by Jive Software **Undisclosed** Nov 2012

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Growth Pre-seed Seed

Median round joined **$9.0M** the round, not its cheque Alone, median **$8.5M**

Led 0 of 47 rounds **0%**

- **Sole investor:** 3 rounds
- **Last cheque:** Jul 2026
- **Exits:** 4 from the portfolio

Rounds by stage said on their site

- Seed said *17*
- Series A said *13*
- Venture *6*
- Pre-seed said *3*
- Series B said *2*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Raffay Ventures](https://millionrounds.com/fund/raffay-and-cie-gmbh) 3
- [42CAP](https://millionrounds.com/fund/42cap) 2
- [Balderton Capital](https://millionrounds.com/fund/balderton-capital) 2
- [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) 2
- [Creandum](https://millionrounds.com/fund/creandum) 2
- [Earlybird Venture Capital](https://millionrounds.com/fund/earlybird) 2

**Pitching Paua Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Paua Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**Raffay Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/raffay-and-cie-gmbh)[**42CAP** VC firm **2** rounds together](https://millionrounds.com/fund/42cap)[**Balderton Capital** VC firm **2** rounds together](https://millionrounds.com/fund/balderton-capital)[**Cherry Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/cherry-ventures)[**Creandum** VC firm **2** rounds together](https://millionrounds.com/fund/creandum)[**Earlybird Venture Capital** VC firm **2** rounds together](https://millionrounds.com/fund/earlybird)[**First Momentum Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/first-momentum-ventures)[**Founderful** VC firm **2** rounds together](https://millionrounds.com/fund/founderful)[**Inventure** VC firm **2** rounds together](https://millionrounds.com/fund/inventure)[**Lightspeed Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners)[**M Ventures** Corporate VC **2** rounds together](https://millionrounds.com/fund/m-ventures)[**Mangrove Capital Partners** VC firm **2** rounds together](https://millionrounds.com/fund/mangrove-capital-partners)

## Recently backed

The latest companies Paua Ventures put money into.

[**ZuriQ** $26M · Jul 2026](https://millionrounds.com/company/zuriq)[**Flinn.ai** $20M · Feb 2026](https://millionrounds.com/company/flinn-ai)[**Ultralytics** $30M · Sept 2025](https://millionrounds.com/company/ultralytics)[**SEMRON** $2.5M · Feb 2025](https://millionrounds.com/company/semron)[**atmio** $5.5M · Jun 2024](https://millionrounds.com/company/atmio)[**Coboworx** $12M · Jun 2024](https://millionrounds.com/company/coboworx)

## On podcasts

1 episode naming Paua Ventures in the title, and 1 more that mention it.

- [Tech.eu](https://millionrounds.com/podcasts/tech-eu) 14 Dec 2015 · 20 min Google Ventures, European IPOs, Paua Ventures and Alex Depledge Mentions [Google](https://millionrounds.com/fund/google-assistant-investments)[Google Ventures](https://millionrounds.com/fund/gv)[Paua Ventures](https://millionrounds.com/fund/paua-ventures) *+1* Apple PodcastsShow page

### Mentioned in

- [Alt Goes Mainstream](https://millionrounds.com/podcasts/alt-goes-mainstream) 12 Dec 2022 · 50 min Levent Altunel & Enrico Ohnemuller, Co-Founders of Bunch, on creating the operating system for private market investors Apple PodcastsShow page

## Quick answers about Paua Ventures

### What does Paua Ventures invest in?

Paua Ventures invests most often at Seed and Series A (73% of the rounds on record), in sectors such as B2B, CRM and Climate Impact (Broad).

### How active is Paua Ventures?

47 investments on record, 3 of them in the last 12 months. The most recent was in Jul 2026.

### What has Paua Ventures invested in recently?

Its most recent investments on record: ZuriQ (Seed, Jul 2026), Graph Therapeutics (Seed, Jun 2026) and Flinn.ai (Series A, Feb 2026).

### How big are Paua Ventures's cheques?

The median round it joins is $9.0M.

### Does Paua Ventures lead rounds?

Rarely, if at all: none of its 47 investments on record names it as the lead.

### Where does Paua Ventures invest?

Most of the companies it backs are in Germany (55%), the United States (13%) and Switzerland (8%).

### Is Paua Ventures investing now?

Yes: it is actively investing, with 3 investments in the last 12 months.

### Who does Paua Ventures invest alongside?

Most often Raffay Ventures (3 rounds together), 42CAP (2 rounds together) and Balderton Capital (2 rounds together).

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