Sector portfolio · VC firm · Germany

NAP's AI portfolio

NAP has backed 27 AI startups in rounds we track, $802M between them, shown by the stage each has reached. The best-funded is Codat.

27startups backed
5stages
$802Mraised between them
Pre-seed and seedbiggest stage

NAP's whole portfolioNAP's profile

Segment by segment

Pre-seed and seed

12 startups · $189M raised

  1. OriginUnited States$121M
  2. EmpirikEmpirik is a digital marketing consultancy that provides SEO, social ads campaigns, conversion optimization and sales generation services.United States$21M
  3. IrisIRIS is a venture capital firm that provides funding and sector-specific expertise for tech entrepreneurs and their businesses at United States$10M
  4. KinnuKinnu is an education technology company based in England and Wales, dedicated to enhancing learning through its gamified, all-in-United Kingdom$7.9M
  5. EmpionEmpion is the first automated headhunting system matching candidates and companies based on values, skills, and personality traits.Germany$6.3M
  6. BBUMPUnited States$5.2M
  7. GrandGRAND is an online marketplace that offers protection and safety products.Ireland$5.0M
  8. AWAKE MobilityAWAKE Mobility is a Munich-based B2B SaaS technology company founded in October 2020.Germany$4.1M

Series A

5 startups · $235M raised

  1. EthosEthos ESG, now part of ACA Group, specializes in data and analysis services that assess the impact of companies and funds on varioUnited Kingdom$143M
  2. CoverbaseCoverbase is an artificial intelligence-driven system that helps with risk assessment criteria, tier classifications, and issue management.United States$32M
  3. CascaCasca is an AI-native loan origination platform founded in 2023 by experts in banking IT and AI researchers from Stanford University.United States$29M
  4. Anatomy FinancialAnatomy Financial, Inc.United States$19M
  5. VoiceLineVoiceLine is a hybrid voice messaging solution for work.Germany$12M

Series B

4 startups · $196M raised

  1. Conquest PlanningConquest Planning is a financial planning software company based in Winnipeg, Canada, founded in 2018 by experienced professionalsCanada$80M
  2. LLiberateUnited States$50M
  3. NoryNory is an AI-powered restaurant management platform designed for multi-unit operators.United Kingdom$37M
  4. SPREAD AISPREAD AI is a Berlin-based industrial artificial intelligence company founded in 2019 by Philipp Noll and Robert Göbel.Germany$29M

Stage not reported

4 startups · $9.5M raised

  1. DashbotDashbot is a conversational analytics platform to transform unstructured data into insights for enterprise digital transformation.United States$5.3M
  2. LucyLucy®, an AI-Powered Knowledge Management AssistantUnited States$2.5M
  3. Deep CognitionDeep Cognition's Deep Learning Studio allows building models without programming.United States$1.3M
  4. PivotalPathPivotalPath is a hedge fund consultant and analytics company.United States$458K

Series C and later

2 startups · $171M raised

  1. CodatCodat is a financial technology company founded in 2017, headquartered in London, with additional offices in New York, San FrancisUnited Kingdom$151M
  2. Eta ComputeEta Compute is an AI software company focused on creating optimized machine learning models for embedded, edge, and IoT devices.United States$21M

How this map is made. Every startup here works in AI and has raised money in a round we track that names NAP as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.

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