APX
No summary available yet.
APX is the textbook example of corporate venture capital done right - backed by media giant Axel Springer and Porsche, they've got serious firepower without the usual corporate bureaucracy. Rheinboldt and Hungerhoff are the real deal, having evolved from running one of Europe's best accelerators to becoming legit VCs. The transition to HEARTFELT shows they're thinking long-term about building a proper fund business. They're genuinely founder-friendly with strong follow-on commitment and an impressive alumni network including N26. The corporate backing means they can write bigger checks than most pre-seed funds and stick with companies longer.
- —Best for: European founders who want experienced VCs with corporate connections and strong follow-on support
- —Known for: Being genuinely helpful post-investment with extensive mentor network and operational support
- —Watch out for: Now split between legacy APX portfolio and new HEARTFELT fund - make sure you know which team you're talking to
APX invests in the earliest stage digital startups across Europe with pre-seed funding starting at 50K euros. They position themselves as often being the first investor and long-term partner for ambitious founding teams building digital business models.
Pre-seed to Series A with 50K initial checks and up to 500K total. Sector agnostic with focus on digital business models - portfolio spans 20+ industries including enterprise software, high tech, mobility, fintech, healthcare. Enterprise applications and high tech are top sectors.
Former Alando founder and Ebay Germany boss who joined APX in 2018. Previously ran Axel Springer Plug and Play accelerator that invested in N26. Experienced serial entrepreneur with strong network in German tech ecosystem.
Lawyer with PhD in criminal law who was former Chief of Staff to Axel Springer CEO. Founded music venue The Venue Berlin and runs independent record label. Musician who tours Europe with folk band - brings creative perspective to investing.
Have a specific question about APX?
Ask Bernie →