How many investments has X2 Equity GmbH made?

X2 Equity GmbH has 10 tracked investments.

What stage does X2 Equity GmbH invest at?

X2 Equity GmbH invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.

Where is X2 Equity GmbH located?

X2 Equity GmbH is headquartered in München, DE.

Who does X2 Equity GmbH co-invest with?

X2 Equity GmbH most often shares deals with Bayern Kapital, Celesta Capital, Celesta Capital, among 4 tracked co-investors.

X2 Equity GmbH

Venture capital

München · Seed–Late Stage · 3 people tracked

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Find your way into X2 Equity GmbH

846 people in our graph share verified history with the X2 Equity GmbH team — schools, employers, funds. One of them is your warm intro.

Assaf Arakiunlockedknows Sameer Patel · together at Intel Corporation (overlapped)

×8knows the team · via Intel Corporation

×2knows the team · via University of Missouri-Columbia

knows the team · via University of Regensburg

✨ Fox Verdict

Investment thesis

X2 Equity invests in and builds HardTech and Software companies that deliver transformational technologies for complex, demanding industries with low legacy tech adoption. It targets businesses whose products improve revenue, productivity, efficiency, quality (yields), and operational safety across enterprise 'make to deliver' value chains. The firm favors HardTech that combines cutting-edge physical hardware and components with software, applications and services, protected by enforceable proprietary IP. It seeks companies with differentiated technologies, clearly defined application fields and real-world use cases in core focus industries, applying its sector expertise and a hands-on operational investment approach to accelerate technology adoption and help portfolio companies build competitive advantage.

Invests inAdvanced Manufacturing AI & Machine Learning Consumer Deep Tech Defense Tech Enterprise Software Hardware IoT Medical Devices SaaS Semiconductors Europe Germany München Munich North America United States

Source: firm website, verified Aug 3, 2026.

Stage

Seed–Late Stage

München, DE

Instruments

Equity

Founded

2017

Tracked investments

Team · 3 people

from the firm's website & public directories

Marc Sperschneider· CEO and Founder· Munichin

Founder and CEO of X2 Equity, overseeing investments, portfolio development, and strategy. Previously managing shareholder at MatriX Technologies (automated X-ray inspection systems, later sold to a US public company), an investment director at an industrial holding company, and an M&A vice president at investment banks. Holds a Master's in Business Administration/Economics from the University of Regensburg.

m•••@x2-equity.comreveal

Sameer Patel· Managing Director· Phoenix, AZin

Leads X2 Equity's North American operations from Phoenix, covering investment advisory, portfolio management, and global operational and strategic key account initiatives. Brings over a decade of operations, logistics, and supply chain leadership at Apple, Intel, and Medtronic. Holds an MBA in Supply Chain Management from W. P. Carey and a finance degree from the University of Missouri.

s•••@x2-equity.comreveal

Cory Baldwin· Senior Advisor

Senior Advisor supporting technology assessments and strategy for key X2 Equity investments. His career spans infrastructure, energy, natural resources, and construction technology, including GNSS geospatial monitoring and IoT sensor platforms. Founder and CEO of sensemetrics Inc., which was acquired by Bentley Systems in 2021.

What they invest in

from 2 of 10 portfolio companies

Deep Tech ×2Hardware ×2Advanced Manufacturing ×1IoT ×1Medical Devices ×1

HQs:Germany×2

Investments · 10 tracked

founders shown can be your intro path

Aispireaispire.ai

Aispire provides real-time network and subscriber experience analytics for cable, fiber and fixed wireless broadband operators.

Co-investorsCelesta Capital Celesta Capital Open Opportunity Fund Micron Ventures

FBGSfbgs.com in

FBGS manufactures fiber optic sensing components including Fiber Bragg Gratings, interrogators, and custom sensors for applications in medical, aerospace, civil engineering, telecommunications, and research sectors.

Deep TechHardwareIoTMedical DevicesJena, DE

Limatalimata.com in

Limata designs and manufactures direct imaging systems for PCB manufacturing and adjacent precision manufacturing industries.

Advanced ManufacturingDeep TechHardwareIsmaning, DE

Matthias Nagel(CTO and Co-Founder)in

Co-investorsBayern Kapital

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Direct ConversionIntraratioMatriX TechnologiesSensemetricstwingzTwingz developmentX2 Technologies

Frequently asked questions

How many investments has X2 Equity GmbH made?: X2 Equity GmbH has 10 tracked investments.
What stage does X2 Equity GmbH invest at?: X2 Equity GmbH invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What sectors does X2 Equity GmbH focus on?: X2 Equity GmbH focuses on Advanced Manufacturing, AI & Machine Learning, Consumer, Deep Tech, Defense Tech, Enterprise Software, Hardware, IoT, Medical Devices, SaaS, Semiconductors.
Where is X2 Equity GmbH located?: X2 Equity GmbH is headquartered in München, DE.
Who does X2 Equity GmbH co-invest with?: X2 Equity GmbH most often shares deals with Bayern Kapital, Celesta Capital, Celesta Capital, among 4 tracked co-investors.

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