Linden Capital
Venture capitalChicago · Pre-Seed–Series A
Also known as Linden Manager Llc
Investment thesis
Linden Capital focuses on early-stage venture investments in next-generation artificial intelligence and cyber-physical (deep tech) solutions positioned at the intersection of cutting-edge research, creativity, and engineering. Its investment philosophy centers on backing exceptional founders tackling complex, original problems, integrating deep technological knowledge with business-model innovation. Leveraging a global network of entrepreneurs, industry experts, and research institutions, the firm aims to help portfolio companies achieve outsized business and societal impact. Alongside venture capital, Linden Capital operates an AI and deep tech investment banking boutique offering capital raising, M&A, financial advisory, and specialized transactions, plus a strategy consulting practice grounded in technology foresight and design thinking.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 24 of 35 portfolio companiesAI & Machine Learning ×16Enterprise Software ×8SaaS ×7Advanced Manufacturing ×4Deep Tech ×4Hardware ×4Fintech ×3Robotics ×3
HQs:Germany×11United States×4Switzerland×1
Investments · 35 tracked
founders shown can be your intro pathAlmetra builds AI for manufacturing by combining computer vision, sensor data, and manufacturing expertise to help industrial teams understand production processes, identify bottlenecks, and improve operations.
Advanced ManufacturingAI & Machine LearningEnterprise SoftwareRoboticsBerlin, DE
Circunomics operates a B2B marketplace and predictive analytics platform for second-life and used batteries, matching supply and demand across battery lifecycle stages.
B2B MarketplacesCircular EconomyEnergyMainz, DE
Culcha offers a digital tool that helps companies modernize leadership behavior and team collaboration in measurable ways, combining didactics, expert knowledge, psychology and neuroscience in an approach it calls "TransformTech." It serves organizations undergoing digital transformation and change, supporting the broad rollout of strategy across teams.
AI & Machine LearningEnterprise SoftwareFuture of WorkHR TechSaaSBerlin, DE
Katja Nettesheim(Founder)Philipp Eschenbach(Co-Founder)
Dirigent develops AI-powered operational infrastructure designed to help defend open societies against narrative manipulation and information warfare.
AI & Machine LearningDefense TechGovTech
Footprint Tech offers a free smartphone-based tool that measures users' feet and compares the results against a database of over 100,000 measurements to determine whether their feet are narrow, normal, or wide.
AI & Machine LearningConsumerE-commerceRetail TechBerlin</hq_country> <parameter name="hq_country">DE, DE
Dr. Matthias Brendel(CEO & Co-Founder)
INXM builds Orchestrator, an enterprise process execution engine that uses compiled AI to coordinate work across agents, automation systems, and existing enterprise tools like ERP and workflow platforms.
AI & Machine LearningEnterprise SoftwareSaaSSchönefeld, DE
Lidrotec manufactures laser dicing machines for cutting microchips and wafers with precision and minimal damage using controlled liquid cooling and particle binding technology.
Advanced ManufacturingHardwareSemiconductorsBochum, DE
Jannis Koehler(Executive Officer)Jan Hoppius(Executive Officer)Alexander Kanitz(Executive Officer, Director)Alexander Igelmann(Executive Officer, Director)
BoardThorsten Reuter(Director)Ashok Rao(Director)
Develops ultrafast photonic information technologies designed to enable sustainable scaling of artificial intelligence systems.
AI & Machine LearningDeep TechHardware
Phantasma Labs builds industrial-grade AI software using Reinforcement Learning to create models without large datasets, applying simulations to areas such as production planning for factories and navigation for autonomous vehicles.
Advanced ManufacturingAI & Machine LearningDeep Tech
Stickerstars creates collectible sticker experiences and sticker albums for clubs, companies, retailers, and private occasions.
ConsumerMedia & EntertainmentNordrhein-Westfalen, DE
Tensordyne builds AI hardware, chips, and software systems optimized for efficient inference at reduced energy and computational cost.
AI & Machine LearningDeep TechHardwareSunnyvale, US
RK Anand(Co-founder and Chief Product Officer)inGilles Backhus(Co-Founder, VP of AI & Product)inMarc Bolitho(CEO)in
Triple AI integrates artificial intelligence directly into existing enterprise software tools to automate repetitive manual work without requiring new systems or training.
AI & Machine LearningEnterprise SoftwareSaaS
Vay develops remote driving technology that lets a human operator drive a vehicle from a distance without anyone inside, enabling services such as car sharing, fleet logistics, last-mile delivery, and public transport.
AI & Machine LearningLogistics & Supply ChainMobility & TransportationRoboticsLas Vegas, US
Thomas von der Ohe(Co-Founder & CEO)Fabrizio Scelsi(Co-Founder & CTO)Bogdan Djukic(Co-Founder, VP Engineering & Remote Driving Experience)
Videa builds AI tools for dental clinicians to help identify, document, and communicate care while reducing operational burden in dental practices.
AI & Machine LearningDigital HealthEnterprise SoftwareHealthtechCambridge, US
Robert Gaudin(Executive Officer, Director, Promoter)Florian Hillen(Founder)
VisiMatch is a data matching platform that identifies optimal follow-up orders and available capacity within defined networks of individuals or companies, primarily for shipping and maritime operations.
B2B MarketplacesData & InfrastructureLogistics & Supply Chain
Whistle Robotics develops task-specific robots for small and medium-sized manufacturers, starting with CNC machine tending automation.
Advanced ManufacturingHardwareRobotics
Fund performance · per public LP disclosures · 4
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Linden Capital Partners V LPLPs: Sacramento County Employees' Retirement System, Kern County Employees' Retirement Association | 2022 | — | 8.0% | 1.17x | 0.00x |
| Linden Co-Investment V LPLPs: Kern County Employees' Retirement Association | 2022 | — | 18.5% | 1.07x | 0.01x |
| Linden Capital Partners IV LPLPs: Sacramento County Employees' Retirement System | 2018 | — | 26.6% | 2.08x | 1.05x |
| Linden Capital Partners IIILPs: Sacramento County Employees' Retirement System | 2016 | — | 26.4% | 2.31x | 1.85x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- What stage does Linden Capital invest at?
- Linden Capital invests at the Pre-Seed, Seed, Series A stages.
- What sectors does Linden Capital focus on?
- Linden Capital focuses on AI & Machine Learning, Cybersecurity, Deep Tech, Hardware, Medical Devices, New Materials, Robotics, Semiconductors.
- Where is Linden Capital located?
- Linden Capital is headquartered in Chicago, DE.
Images
Similar investors
DCVC (Data Collective) is a venture capital firm that backs founders building companies which apply technology to major challenges across areas such as energy, biotech, agriculture, and machine learning.
Seafund is an early-stage venture capital firm that backs startups building in deeptech and deepscience, providing hands-on support alongside capital.
Beijing JKJC Capital (金科君创) is a Chinese venture capital firm managing four venture funds and one angel fund, focused on backing hard-tech and healthcare companies, with a strong record of investees earning provincial and national 'specialized and sophisticated' (专精特新) designations.
Everywhere Ventures is an early-stage venture firm that backs founders globally, supported by a community of founders and operators as LPs.
Taiwania Capital is a venture capital firm investing across technology and life science sectors, backing companies in Taiwan, Europe, and globally.