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Mutschler Ventures

Family office

Baar · Seed–Series A · 4 people tracked

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Investment thesis

Mutschler Ventures invests in scalable technology companies that already show initial traction (revenue) and first validation, focusing on sectors such as fintech, digital health, proptech, regtech, edtech, cleantech and mobility, and business models including B2B/B2C SaaS, enterprise SaaS and tech-enabled services. It explicitly avoids biotech, medtech, food, consumer brands, gaming, crypto and blockchain. Positioning itself as a leading follow-on investor for seed rounds, it takes a hands-on, active approach, supporting portfolio companies with company building, strategic and organizational questions, investor introductions and network connections. It seeks exceptional founding teams and accepts both warm introductions and direct outreach.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series A
HQ
Baar, CH
Leads rounds
Follows
Instruments
Equity
Founded
2007
Tracked investments
5

Team · 4 people

from the firm's website & public directories
Maximilian Engelken· Managing Directorin

What they invest in

from 3 of 5 portfolio companies

Cleantech ×1Climate Tech ×1E-commerce ×1Energy ×1Marketing Tech ×1Marketplaces ×1Mobility & Transportation ×1Retail Tech ×1

HQs:Germany×2

Investments · 5 tracked

founders shown can be your intro path
Adyen
Anybillanybill.dein𝕏

anybill provides digital receipt technology that lets brick-and-mortar retailers deliver receipts to customers' smartphones via QR code, loyalty card, or card payment, replacing paper receipts.

Marketing TechRetail TechSaaS

Co-investorsAuxxoAVG

Auto1auto1.com

AUTO1 operates an online marketplace for used cars where dealers bid on vehicles, offering car condition documentation, transport, and document handling.

E-commerceMarketplacesMobility & Transportation

Christian Bertermann(Founder)in

Co-investorsDN CapitalG SquaredSoftBank Vision FundTarget GlobalVentura CapitalPreface Ventures

Sygnum
Thermondothermondo.dein𝕏acquired by Brookfield Infrastructure

Thermondo installs heat pumps, photovoltaic systems, and energy management solutions for homeowners in Germany, handling planning, government subsidy applications, and installation as a complete package.

CleantechClimate TechEnergyBerlin, DE

Philipp Pausder(Founder)inClimate Tech Energy Philipp Pausder(Founder)Florian Tetzlaff(Co-Founder (former managing director))Kristofer Fichtner(Co-Founder (former managing director))in

Co-investorsEneco VenturesFuture Energy VenturesPICUS CAPITALVorwerk Ventures10x FoundersHoltzbrinck Ventures+1 more

Exits · 1

IPOs and acquisitions across the tracked portfolio

Thermondoacq. by Brookfield Infrastructure

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Mutschler Ventures invest at?
Mutschler Ventures invests at the Seed, Series A stages.
What sectors does Mutschler Ventures focus on?
Mutschler Ventures focuses on Biotech, Cleantech, Data & Infrastructure, Digital Health, EdTech, Energy, Enterprise Software, Fintech, Healthtech, Mobility & Transportation, New Materials, PropTech, SaaS.
Where is Mutschler Ventures located?
Mutschler Ventures is headquartered in Baar, CH.
Does Mutschler Ventures lead rounds?
Mutschler Ventures typically participates in rounds rather than leading them.
Who does Mutschler Ventures co-invest with?
Mutschler Ventures most often shares deals with DN Capital, G Squared, PICUS CAPITAL, among 9 tracked co-investors.

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