ECONA AG
Venture capitalBerlin · Seed · 1 people tracked
Investment thesis
ECONA supports ambitious entrepreneurs by providing capital, operational know-how and entrepreneurial experience, acting as a reliable long-term partner. The firm frequently co-founds companies, takes majority positions, and finances businesses through their growth, aiming to maximize their probability of success. Its portfolio spans consumer, direct-to-consumer, food, health/veterinary, insurance, fintech and marketplace businesses, mainly in the DACH region but also internationally (US, Southeast Asia). Since its founding in 1999 ECONA has pursued this hands-on, long-term approach to generate above-average results for the companies in its portfolio.
Source: firm website, verified Aug 7, 2026.
Team · 1 people
from the firm's websiteWhat they invest in
from 22 of 40 portfolio companiesConsumer ×7Marketplaces ×5E-commerce ×4Fintech ×4Healthtech ×4Direct to Consumer ×3Media & Entertainment ×3FoodTech ×2
HQs:Germany×15Malaysia×3United States×2France×1
Investments · 40 tracked
founders shown can be your intro pathAction Pin is a producer of pine-derived products and ingredients operating a responsible, sustainable business model, and holds B Corp certification.
Impact & Social GoodNew Materials
Germany's first independent energy broker reducing energy costs for SMEs; sold to SWK Energie end of 2019.
ARMEDANGELS is a fashion brand offering sustainable clothing for women and men, including t-shirts, socks, and other apparel made with materials such as TENCEL.
Circular EconomyDirect to ConsumerE-commerce
New York-based D2C provider of high-quality hearing aids in the US.
HealthtechNew York, US
Patrick Freuler(Executive Officer, Director)Andre Sequin(Executive Officer)
Co-investorsCatalio Capital Management, LPTIA VenturesHOWZAT Partners
ECONA invested in US geodata provider Vicinity Corp (1999 until Microsoft acquisition in 2002), whose products became Bing Maps.
Co-investorsActon CapitalAtlanticAtlantic Labs
dahmakan (operating a central kitchen under Farm To Fork Sdn Bhd) is a food delivery service offering ready-to-eat Malaysian meals ordered online for delivery.
ConsumerFoodTechLogistics & Supply Chain
Developer of big-data analytics applications on Apache Flink; sold to Alibaba in 2018.
DeepCode AI is a code-scanning technology from Snyk that combines symbolic and generative AI with machine learning methods and security-researcher expertise to detect security issues in code with high accuracy.
AI & Machine LearningCybersecurityDeveloper Tools
Boris Paskalev(Founder)in
Co-investors3VCEarlybird DWES Management GmbH & Co. KGEarlybird Venture CapitalEuropean Super Angels Club
World's largest social network; ECONA held a stake 2008-2010, sold before the IPO.
MSQRD(Cofounders of MSQRD)
Co-investorsAccelAccess Technology VenturesAvant Global LLCEverest GroupFounders FundFriends Family Capital+5 more
FINANZCHECK.de operates an online loan comparison platform that gathers individual credit offers from over 20 partner banks in Germany, covering installment loans, car loans, debt restructuring, mortgage financing, and small loans.
FintechMarketplacesHamburg, DE
Co-investorsActon CapitalCoastCapHighland EuropeTruVenturo GmbH
GIGA is a German-language online media outlet publishing news, tests, tips, and buying advice about technology, consumer electronics, and video games.
ConsumerMedia & Entertainment
Traditional wood-oven bakery producing bread from only flour, water and salt, financed via the Sarah Wiener group.
iMoney is a financial comparison platform that lets consumers compare and apply for products such as personal loans, business financing, and credit deals, alongside offering money tips, tools, and calculators.
FintechMarketplacesMedia & Entertainment
Co-investorsJungle VenturesRebright PartnersSpiral Ventures
iPrice Group operates a price comparison and shopping platform that helps consumers find the cheapest online prices by aggregating offers from e-commerce partners across Southeast Asia.
ConsumerE-commerceMarketplacesRetail TechKuala Lumpur, MY
David ChmelarHeinrich WendelPaul Brown-Kenyon
Co-investors500 GlobalGlobal BrainZ Venture Capital
Löwenzahn Organics produces organic baby food and nutrition products—such as infant formula (Pre and follow-on milk in cow's and goat's milk varieties) and bone broth—along with products for mothers, focused on nutrition during the first 1,000 days from conception to a child's second birthday.
ConsumerDirect to ConsumerFoodTech
Co-investorsOyster Bay Venture Capital
myToys was an online shop for toys and family/children's products in Germany.
ConsumerE-commerceRetail Tech
nexmed operates radiology centers offering imaging services such as MRI scans using 3-Tesla equipment, with a focus on patient service and consultation.
HealthtechMedical DevicesDortmund, DE
Berlin-based direct-to-consumer pet food brand for dogs and cats.
PraxisEins operates and digitizes medical practices in Germany, using modern processes to reduce the administrative burden on medical staff and support practice succession for retiring physicians.
Digital HealthHealthtech
Food company built on quality, seasonal and regional ingredients; part of ECONA since 2003.
smava operates an online loan comparison platform in Germany that matches consumers with credit offers from over 20 partner banks for personal loans, car financing, debt consolidation, and mortgages.
FintechMarketplacesBerlin, DE
Co-investorsEarlybird DWES Management GmbH & Co. KGEarlybird Venture CapitalRuna Capital
Sparwelt.de is a German online shopping portal that researches and publishes vouchers, discount codes, deals, free samples and travel offers from various retailers, with editorially reviewed listings.
ConsumerE-commerceMedia & Entertainment
Tierarzt Plus Partner operates a network of small-animal veterinary practices and clinics across many regions of Germany, maintaining and building veterinary care structures.
Healthtech
WinLocal offers a full-service local online marketing platform that combines online visibility across Google and 50+ German directories, automated review management, and paid advertising on Google, Facebook, Instagram, and Microsoft.
AdTechMarketing TechSaaS
Wunderflats operates an online platform for renting furnished apartments on a temporary basis, connecting landlords with tenants through digital contracts, verified listings, and identity/solvency checks.
MarketplacesPropTechTravel & Hospitality
Co-investorsAxel Springer Digital VenturesCreathor VenturesPT1IBB VenturesVerdane
Xing is a German-language professional networking platform that connects job seekers with employers and recruiters.
Future of WorkHR TechSocial
Co-investorsAviv Venture CapitalBitStone CapitalBrandenburg KapitalCJH Family Office GmbHFX VenturesIsaac Lidsky+3 more
Zynga is a mobile game developer and publisher that creates and acquires gaming franchises for mobile and social platforms.
ConsumerGamingCalifornia, US
Mark Pincus(Founder)inEric Schiermeyer(Founder)inFrank Gibeauin
Co-investorsAccelerator VenturesAndreessen HorowitzBaseline VenturesDag VenturesEntrée CapitalFoundry+8 more
Frequently asked questions
- How many investments has ECONA AG made?
- ECONA AG has 40 tracked investments.
- What stage does ECONA AG invest at?
- ECONA AG invests at the Seed stage.
- What sectors does ECONA AG focus on?
- ECONA AG focuses on AI & Machine Learning, Consumer, Digital Health, Direct to Consumer, E-commerce, Fintech, FoodTech, InsurTech, Marketplaces, Media & Entertainment.
- Where is ECONA AG located?
- ECONA AG is headquartered in Berlin, DE.
- Who does ECONA AG co-invest with?
- ECONA AG most often shares deals with Acton Capital, Earlybird DWES Management GmbH & Co. KG, Earlybird Venture Capital, among 61 tracked co-investors.
Similar investors
Everywhere Ventures is an early-stage venture firm that backs founders globally, supported by a community of founders and operators as LPs.
MPG Fund is an early-stage venture investor backing technology startups.
Norwest Venture Partners is an investment firm whose growth equity team backs private, profitable, fast-growing companies, providing capital and hands-on support through its 'invited guest' approach.
Evolution VC Partners is a venture capital firm that invests in and supports culture-tech companies across all stages.
Channel 4 Ventures is the corporate venture investment arm associated with Channel 4, backing consumer-facing brands and technology companies primarily in the UK and Europe.