NAP
Venture capitalBerlin · Pre-Seed–Seed · 16 people tracked
Investment thesis
NAP invests at the earliest stages, backing companies at pre-seed or seed. Its portfolio spans European AI infrastructure, privacy/consent technology, and construction software, reflecting a broad, opportunistic approach to backing ambitious founders. The firm also runs media and community initiatives — a podcast (Big Bets on Cheap Chairs), a Substack (NAP Log), and Automate VC, a community exploring the future of venture work — and has built a proprietary sourcing tool aimed at identifying high-potential 'unicorns and dragons.'
Source: firm website, verified Aug 3, 2026.
Team · 16 people
from the firm's website & public directories
What they invest in
from 24 of 39 portfolio companiesAI & Machine Learning ×18Enterprise Software ×16SaaS ×11Data & Infrastructure ×5Advanced Manufacturing ×3Developer Tools ×3AgTech ×2Energy ×2
HQs:Germany×9United Kingdom×2Belgium×1Ireland×1Netherlands×1United States×1
Investments · 39 tracked
founders shown can be your intro pathCompanion.energy provides a software platform that connects, models, and automates enterprise energy operations and procurement for large companies.
AI & Machine LearningEnergyEnterprise SoftwareSaaS
BoardJonas
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)Reto Spörri(Co-Chief Executive Officer)
Almetra (rebranded as Deltia) builds AI-powered analytics and monitoring systems for manufacturing operations, combining computer vision and sensor data to help factories identify bottlenecks and improve productivity.
Advanced ManufacturingAI & Machine LearningEnterprise SoftwareBerlin, DE
Max Fischer(Co-founder and CEO)
Almetra 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
AMPECO provides a software platform that enables retail companies to deploy and manage EV charging stations in their locations, attracting customers and generating revenue while integrating with existing retail systems.
AI & Machine LearningClimate TechEnergyRetail TechSaaS
Orlin Radev(Chief Executive Officer)inStefan Ivanov(Chief Revenue Officer)inAlexander Alexiev(Chief Technical Officer)in
Besirius automates compliance workflows including audits, certifications, KYC, and risk assessments across a company's value chain, serving the needs of buyers, auditors, and regulators.
AI & Machine LearningEnterprise SoftwareSaaS
Clarisights is a reporting platform that helps marketing teams access and explore performance data without SQL or manual spreadsheets.
Data & InfrastructureMarketing TechSaaSPalo Alto, US
Mangopay provides flexible wallet infrastructure and payment solutions for online platforms and marketplaces to manage global money movement.
FintechMarketplacesSaaS
Oblivious builds privacy-enhancing software that enables organizations to perform secure data collaboration and deploy services while maintaining data sensitivity.
CybersecurityData & InfrastructureEnterprise SoftwareDublin, IE
Jack Fitzsimons(Co-founder)Robert Pisarczyk(Co-founder)
Construction site management platform replacing clipboards on 170,000+ sites across 75+ countries
Sera develops an AI-powered knowledge management system that captures lead growers' expertise, standard operating procedures, and site-specific protocols into an interactive knowledge base for commercial greenhouse operations.
AgTechAI & Machine LearningData & InfrastructureEnterprise SoftwareIoT
beSirius provides AI-powered due diligence automation for the critical minerals supply chain, serving global mining producers, traders, and refiners to replace manual compliance processes with intelligent supplier and counterparty risk assessment.
AgTechAI & Machine LearningEnterprise SoftwareSaaSAmsterdam, NL
SPREAD provides a unified engineering platform that integrates data from PLM, CAD, ERP, and ALM systems into a single connected ontology for complex product manufacturers.
Advanced ManufacturingAI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise SoftwareHardwareBerlin, DE
Philipp Noll(Co-Founder & MD)
Usercentrics provides consent management and data privacy technology for digital businesses seeking to balance user data protection with growth and compliance.
AdTechData & InfrastructureEnterprise SoftwareSaaSMunich, DE
Voiceline is a voice and AI-powered knowledge management tool designed to eliminate administrative overhead and streamline information capture and retrieval for teams.
AI & Machine LearningEnterprise SoftwareSaaSSales TechFrankfurt, DE
Nicolas Höflinger(Co-founder & CEO)Sebastian Pinkas(Co-founder & CTO)
VoiceLine builds a voice- and AI-powered tool that captures field information and reduces manual admin work, aimed at replacing clunky systems and manual data entry for sales teams.
AI & Machine LearningEnterprise SoftwareSaaSSales TechFrankfurt, DE
Nicolas Höflinger(Co-founder & CEO)Sebastian Pinkas(Co-founder & CTO)Nicolas Kübler(Chief Product Officer)
Xaver provides an AI-powered platform for banks, insurers, and brokers to deliver pension products and financial advisory services across Europe.
AI & Machine LearningFintechInsurTechGermany, DE
Max Bachem(Co-founder)inOle Breulmann(Co-founder)inBjörn Holste(Management Team)inNigel Jankelson(Management Team)in
Frequently asked questions
- What stage does NAP invest at?
- NAP invests at the Pre-Seed, Seed stages.
- What is NAP's typical check size?
- NAP typically writes checks of $1.1M – $4.3M.
- What sectors does NAP focus on?
- NAP focuses on AI & Machine Learning, Cloud Computing, Construction Tech, Cybersecurity, Data & Infrastructure, Enterprise Software, SaaS, Sector Agnostic.
- Where is NAP located?
- NAP is headquartered in Berlin, DE.
- Does NAP lead rounds?
- Yes, NAP leads investment rounds.
Media · Podcasts & interviews
featuring the teamNAP’s Claude Ritter and Stefan Walter and EIF’s Rene Andres, on Building Europe’s Future
The European VC · Claude Ritter
Similar investors
Viola is Israel's leading technology investment group managing over $7 billion in assets, operating multiple independent investment arms that partner with technology companies from inception through growth.
Horizon Capital is an Israeli venture capital firm based in Tel Aviv that invests exclusively in Israeli-founded, software-driven startups at the pre-seed and seed stages, guiding them from seed to Series A.
Early Game Ventures is a European venture capital firm that leads early-stage rounds in tech and IP-driven startups, investing from idea stage through Series A.
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.
Notable Capital (formerly GGV Capital) is a venture firm that has partnered with founders for over two decades, backing companies from earliest stages through exit.