D11Z
Venture capitalHeilbronn · Pre-Seed–Series A
Investment thesis
D11Z Ventures is an active early-stage European venture firm supporting ambitious technology founders. Operating through an evergreen fund structure without fixed fund cycles, it takes a long-term perspective, backing companies from first investment through scale. The firm concentrates on frontier technologies including AI infrastructure, B2B SaaS, Physical AI, cybersecurity and resilience, aiming to back technologies that transform industries and drive the next generation of the European economy.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 34 of 37 portfolio companiesAI & Machine Learning ×16SaaS ×13Enterprise Software ×12Advanced Manufacturing ×4Cleantech ×4Deep Tech ×4Climate Tech ×3Cloud Computing ×3
HQs:Germany×19Finland×2Austria×1
Who they back
founder profiles across 17 portfolio companiesFounding team size:solo founder×82 founders×53 founders×24+ founders×2
Investments · 37 tracked
founders shown can be your intro pathakirolabs offers an AI-augmented platform for enterprise procurement teams to build, standardize, and manage category and procurement strategies.
AI & Machine LearningEnterprise SoftwareSaaSBerlin, DE
Christoph Flöthmann(Founder)inDetlef Schultz(Co-Founder)inMichael Pleuger(Co-Founder)inChristoph Flothmann(Co-Founder)Tim Ergenzinger(Co-Founder)inKai Elsermann(Chief Revenue Officer)
Co-investorsOTB VenturesHTGFSerpentine Ventures
Alago creates ready-to-send JF protocols and VOB correspondence from notes, transcripts, or dialogue for construction projects.
AI & Machine LearningConstruction TechEnterprise SoftwareFrankfurt, DE
Ann-Christin Gah(Founder)
Co-investorsRealyze Ventures
Aleph Alpha develops specialized language models and AI solutions for enterprise and public sector organizations in Europe, prioritizing data sovereignty, regulatory compliance, and domain-specific customization on European infrastructure.
AI & Machine LearningDeep TechEnterprise SoftwareHeidelberg, DE
Samuel Weinbach(Co-Chief Research Officer, Co-Founder)Ilhan Scheer(Co-Chief Executive Officer)inReto Spörri(Co-Chief Executive Officer)
Co-investorsBosch VenturesBurda Principal InvestmentsCavalry VenturesEarlybird DWES Management GmbH & Co. KGEarlybird Venture CapitalLEA Partners+8 more
CertHub provides software for medical device manufacturers to streamline compliance documentation and regulatory submissions under MDR, IVDR, and other EU regulations.
Medical DevicesSaaSMunich, DE
Leon Kobinger(Founder)
Co-investorsCusp Capital
ConfidentialMind provides a software platform for building and deploying generative AI applications and agents that can safely process confidential data while maintaining security.
AI & Machine LearningCloud ComputingEnterprise SoftwareEspoo, FI
Markku Räsänen(Co-founder & CEO)Severi Tikkala(Co-founder & GM North America, Field CTO)Esko Vähämäki(Co-founder & CTO)
Co-investorsFailup VenturesInnovestor Ventures
DaphOS is an AI software platform that provides predictive analytics and decision support for leaders in the healthcare, social services, and public sectors, helping identify risks and opportunities in areas like staffing, capacity utilization, and resource planning.
AI & Machine LearningGovTechHealthtech
Co-investorsPUSH VenturesVenture StarsYZR Capital
dataglobal Group provides a digital workplace platform integrating document management, human capital management, and workplace management software for enterprise users.
Enterprise SoftwareFuture of WorkSaaS
doinstruct is an AI-powered training and compliance platform that converts standard operating procedures, presentations, and documents into mobile-accessible lessons in 35+ languages for frontline workers.
AI & Machine LearningEdTechSaaS
Mona Feder(Founder)inCharlotte Rothert(Founder)in
Co-investorsCreandum
Eeden converts textile waste into high-quality raw materials for virgin-grade textile fibers through chemical recycling technology.
Circular EconomyCleantechNew MaterialsMünster, DE
Steffen Gerlach(Founder)
Co-investorsCarbonTechVision Fonds
Co-investorsGrazia Equity GmbHPlanven Entrepreneur Ventures
mogenius is a Kubernetes platform that combines multi-cluster fleet management, a self-service developer portal, and an AI agent to help enterprises and DevOps teams run cloud-native applications with governance and security controls.
AI & Machine LearningCloud ComputingDeveloper Tools
Otark operates a digital platform for procuring and selling certified green electricity in Germany, connecting industrial and mid-sized buyers directly with producers through a PPA marketplace, standardized 1-Click PPAs, and a planned Green SPOT day-ahead exchange.
B2B MarketplacesCleantechClimate TechEnergy
Jan Quecke(Co-Founder & CEO)Ortwin Kartmann(Co-Founder & COO)Rainer(CFO)
Co-investorsVenture Stars
Plato develops AI-powered software for wholesale (B2B) distributors, aimed at supporting their sales and purchasing operations.
AI & Machine LearningEnterprise SoftwareSaaSSales Tech
Matthias Heinrich(Geschäftsführer Produktentwicklung (Managing Director, Product Development))Oliver Birch(Geschäftsführer Softwareentwicklung (Managing Director, Software Development))
Co-investorsCherry VenturesAtomico
S2data provides an AI-powered software platform for transport and network planning, offering modules for route optimization, load planning, and supply chain automation.
AI & Machine LearningLogistics & Supply ChainSaaSVienna, AT
Co-investorsRethink Ventures
Seleon is a contract engineering and manufacturing partner for medical device companies across Central Europe, offering development, consulting, and production services for active/passive medical devices, in-vitro diagnostics, and combination products from concept to market launch.
Enterprise SoftwareMedical DevicesHeilbronn, DE
SpinDrive develops active magnetic bearing (AMB) technology and provides services spanning client-specific AMB system design, parts supply, and commissioning for manufacturers of high-speed machines.
Advanced ManufacturingCleantechClimate TechDeep TechHardware
Alexander Smirnov(CTO)inJanne Heikkinen(CEO)inNikita Uzhegov(COO)inTeemu Sillanpää(CPO)
Co-investorsButterfly VenturesInnovestor VenturesRhapsody Venture PartnersSDGx
StrategyBridgeAI provides a platform that converts company and market data into structured intelligence for business analysis workflows.
Data & InfrastructureEnterprise SoftwareFintech
Terramate provides a platform for managing Infrastructure as Code that lets platform teams package reusable IaC patterns (Bundles) with built-in governance, compliance, and security, while developers and AI agents self-serve infrastructure across environments.
Cloud ComputingDeveloper ToolsSaaS
Co-investorsCrowberry CapitalFly VenturesNAP
Theodosian provides data-centric security that encrypts files and applies dynamic access controls directly to the content rather than the network perimeter, keeping data protected even after it leaves corporate boundaries or when credentials are compromised.
CybersecurityEnterprise SoftwareSaaS
Co-investors1818 Venture CapitalHeartfelt CapitalFuel VenturesStartup Wise Guys
traplinked provides real-time digital monitoring systems for pest control traps, helping food businesses and pest control operators detect rodent, rat, and insect activity through IoT sensors and mobile apps.
FoodTechIoTSaaS
Unchained Robotics develops MalocherBot, a modular robotic automation system for manufacturing and production tasks such as palletizing and bin picking, targeting small to large enterprises seeking to increase return on investment.
Advanced ManufacturingRobotics
Co-investorsEnjoyventure ManagementSBI Ventures Europe GmbH
Portfolio news
latest coverage across their companiesTerramate · europeanstack.com · Aug 2, 2026

Aleph Alpha · tectonicdefense.com · Jul 17, 2026
CERPRO · eu-startups.com · Nov 12, 2025
Theodosian · fintech.global · Oct 17, 2025
DaphOS · leadsontrees.com · Jul 17, 2025
Frequently asked questions
- How many investments has D11Z made?
- D11Z has 37 tracked investments, including 1 dated in the last 24 months.
- What stage does D11Z invest at?
- D11Z invests at the Pre-Seed, Seed, Series A stages.
- What sectors does D11Z focus on?
- D11Z focuses on AI & Machine Learning, Cybersecurity, Data & Infrastructure, Deep Tech, Energy, Enterprise Software, SaaS, Sector Agnostic.
- Where is D11Z located?
- D11Z is headquartered in Heilbronn, DE.
- Who does D11Z co-invest with?
- D11Z most often shares deals with Innovestor Ventures, NAP, Venture Stars, among 35 tracked co-investors.
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