What stage does SENCO Hydrogen Capital invest at?

SENCO Hydrogen Capital invests at the Growth stage.

What is SENCO Hydrogen Capital's typical check size?

SENCO Hydrogen Capital typically writes checks of $11M – $16.5M.

What sectors does SENCO Hydrogen Capital focus on?

SENCO Hydrogen Capital focuses on Advanced Manufacturing, Cleantech, Climate Tech, Energy, Impact & Social Good.

Where is SENCO Hydrogen Capital located?

SENCO Hydrogen Capital is headquartered in Frankfurt, DE.

Does SENCO Hydrogen Capital lead rounds?

Yes, SENCO Hydrogen Capital leads investment rounds.

SENCO Hydrogen Capital

Private equity

Frankfurt · Growth · 17 people tracked

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Investment thesis

SENCO Capital invests in profitable, mid-sized European lower mid-market companies with proven products and clear growth prospects, typically with revenues in the double-digit million range. Target businesses address the energy transition, energy security or the hydrogen economy and rely on market-proven technologies. The firm invests flexibly as majority or minority shareholder, with equity tickets around EUR10-15m, supporting growth, succession situations or shareholder changes. It acts as a strategic sparring partner providing sector network access, internationalisation support and financing solutions, taking a long-term, sustainability-driven value creation approach committed to decarbonisation and Net Zero.

Invests inAdvanced Manufacturing Cleantech Climate Tech Energy Impact & Social Good Europe Frankfurt

Source: firm website, verified Aug 3, 2026.

Stage

Growth

Check

$11M – $16.5M

Frankfurt, DE

Leads rounds

Leads

Instruments

Equity

Team · 17 people

from the firm's website

Carsten· CEO & Managing Partner

Has over 20 years of C-level experience in investment and asset management; previously CEO and CIO of NORD/LB Asset Management and Warburg Invest, board member of the German Fund Association (BVI), partner at WP Global Partners and founder/CEO of Equity Partners.

Oliver· Managing Partner

Over 20 years in private equity; co-founded Silver Investment Partners focused on DACH small/mid cap, previously led direct investments at Equity Partners and managed buyout transactions at AlpInvest (part of The Carlyle Group).

Marcel· Partner

An awarded cleantech entrepreneur and founder focused on sustainability and clean energy; began his career in small-cap asset management and real estate in Germany.

Markus· Partner

Holds a professorship for Electrochemical Energy Storage and Conversion at the University of Ulm and heads the electrochemical division at ZSW, working on batteries, PEM fuel cells and hydrogen; spent nearly 25 years at BASF in catalysts, fuel cells and battery materials.

Mathias· Partner

A seasoned finance expert and CFO with 30 years supporting companies' financial structures and growth across private equity, real estate and hospitality, previously working with the SENCO team at Equity Partners.

Matthias· Partner

Has over 25 years in international banking; a founding board member and long-serving CEO of EAA (Germany's first bad bank) and involved in early wind and renewable energy financing, currently on the supervisory board of NORD/LB.

Patrick· Partner

An accredited lawyer and tax advisor with 25+ years at Clifford Chance, including 13 as Managing Partner of the Munich office; specialises in corporate law, M&A, private equity, tax and structured finance.

Albrecht· Industry Partner

A mobility expert and managing partner of the Gesellschaft fuer Unternehmensplanung und Technologie; held management roles in aerospace, rail and automotive including Knorr-Bremse and CEO of Schaltbau AG.

Erik· Industry Partner

A board member, founder and entrepreneur in energy for 20+ years; an investment banker and private equity professional who built renewable energy companies in Scandinavia and the Balkans with a longstanding interest in hydrogen.

Florian· Senior Expert

General Manager of Philips Medical Solutions in Hamburg and CFO of Philips' D-A-CH region; experienced in operational transformation and private equity, having worked with the SENCO team at Equity Partners.

Julia· Senior Expert

Leads Sustainable Supply Chain Management at EBS Business School's Operations Department, researching ESG, CSR and sustainable development.

Jürgen· Industry Partner

A leading energy and industry expert; industrial entrepreneur (Georgsmarienhuette steel group), Chairman of the RAG Foundation Board of Trustees and former Chairman of the RWE board.

Karl· Industry Partner

A senior energy manager and OMV supervisory board member; professor of strategy at the University of Graz and former strategy advisor to ADNOC and chief strategist at Royal Dutch Shell.

Michael· Senior Expert

Professor of Energy Storage and Energy Systems at OTH Regensburg; a government advisor and scientific expert on leading hydrogen projects (HYPOS, H2Global, FCH JU) and Power-to-X.

Stephan· Industry Partner

President of a leading LNG and gas infrastructure company; former CEO of Vier Gas Transport, President of ENTSO-G and executive board member at E.ON Ruhrgas.

Sylvia· Senior Expert

A member of the German National Hydrogen Council and Director of the Fraunhofer Institute for Wind Energy Systems IWES; Deputy Chairperson at HYPOS with expertise in fuel cell and electrolysis research.

Thomas· Industry Partner

Former CEO of STORAG Etzel and NET4Gas and Head of Gas Procurement at RWE; an expert in gas procurement, transportation, storage and infrastructure development.

Frequently asked questions

What stage does SENCO Hydrogen Capital invest at?: SENCO Hydrogen Capital invests at the Growth stage.
What is SENCO Hydrogen Capital's typical check size?: SENCO Hydrogen Capital typically writes checks of $11M – $16.5M.
What sectors does SENCO Hydrogen Capital focus on?: SENCO Hydrogen Capital focuses on Advanced Manufacturing, Cleantech, Climate Tech, Energy, Impact & Social Good.
Where is SENCO Hydrogen Capital located?: SENCO Hydrogen Capital is headquartered in Frankfurt, DE.
Does SENCO Hydrogen Capital lead rounds?: Yes, SENCO Hydrogen Capital leads investment rounds.

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