HV Capital

HV Capital is a Munich- and Berlin-based venture capital firm established in 2000, focusing on supporting founders in the development of internet and technology companies. Formerly known as HV Holtzbrinck Ventures, the firm has become one of the leading early-stage and growth investors in Europe, managing a total of €1.7 billion across various funds. HV Capital has invested in approximately 200 companies, including notable names such as Zalando, Delivery Hero, FlixMobility, and SumUp. The firm typically provides funding ranging from €500,000 to €50 million, enabling it to support startups through all stages of growth. HV Capital primarily targets investments in sectors such as fintech, B2B, e-commerce, enterprise, travel, education, mobility, healthcare, and retail.

Nawid Ali-Abbassi

Partner

Jannis Fett

Associate

David Fischer

Principal

Fabian Gruner

Senior Principal

Said Alib Haschemi

Investment Manager

Alexander Joel-Carbonell

Partner

Christoph Jung

General Partner

David Kuczek

General Partner

Lars Langusch

Founding Partner

Rainer Maerkle

General Partner

Jasper Masemann

Partner

Jan Miczaika

Partner

Barbod Namini

Partner

Christian Saller

General Partner

Dr. Laura Seifert

Investor

Martin Weber

General Partner

Past deals in Retail

Daki

Series B in 2021
Operator of a grocery delivery application platform intended to offer multi-category grocery supplies to customers. The company's platform acts as a digital supermarket to offer day-to-day necessities and also provides home delivery services, enabling users to easily order from their homes via a mobile application.

JOKR

Series B in 2021
JOKR is a grocery and delivery platform that provides hyper-local product delivery services. The company offers customers delivery of an assortment of grocery and retail items to their doorstep in less than 15 minutes. It aims to democratize retail by bringing together global suppliers' all-time favorite products and local brands to support the small businesses in every neighborhood while minimizing waste. JOKR currently operates hubs in cities including New York, São Paolo, Mexico City, Bogota, Lima, Warsaw, and Vienna. It was headquartered in New York, New York in 2021.

Packmatic

Seed Round in 2021
Operator of a digital purchasing packaging platform intended to connect well-known brands with suppliers. The company's platform helps customers find the right supplier, enabling customers' in-house packaging teams to exceed their goals by replacing old means of communication with a state-of-the-art digital platform.

Daki

Venture Round in 2021
Operator of a grocery delivery application platform intended to offer multi-category grocery supplies to customers. The company's platform acts as a digital supermarket to offer day-to-day necessities and also provides home delivery services, enabling users to easily order from their homes via a mobile application.

JOKR

Series A in 2021
JOKR is a grocery and delivery platform that provides hyper-local product delivery services. The company offers customers delivery of an assortment of grocery and retail items to their doorstep in less than 15 minutes. It aims to democratize retail by bringing together global suppliers' all-time favorite products and local brands to support the small businesses in every neighborhood while minimizing waste. JOKR currently operates hubs in cities including New York, São Paolo, Mexico City, Bogota, Lima, Warsaw, and Vienna. It was headquartered in New York, New York in 2021.

Mercavus

Seed Round in 2020
mercavus GmbH operates an online platform that connects independent retailers and brands to facilitate wholesale shopping. Its platform enables retailers to buy products from around the world without having to worry about country borders, different currencies, or language barriers. The company is based in Berlin, Germany.

Depop

Series C in 2019
Depop Limited operates a mobile application that facilitates the buying, selling, and discovery of various items, primarily focusing on fashion. Founded in 2011 and headquartered in London, the company has expanded its presence with locations in Manchester, New York, Los Angeles, and Australia. With over 21 million registered users across 147 countries, Depop has established itself as a significant player in the online marketplace, particularly among younger consumers. Notably, it has recently ranked among the top 25 shopping apps by daily active users in Europe.

Mercavus

Seed Round in 2019
mercavus GmbH operates an online platform that connects independent retailers and brands to facilitate wholesale shopping. Its platform enables retailers to buy products from around the world without having to worry about country borders, different currencies, or language barriers. The company is based in Berlin, Germany.

Depop

Series B in 2018
Depop Limited operates a mobile application that facilitates the buying, selling, and discovery of various items, primarily focusing on fashion. Founded in 2011 and headquartered in London, the company has expanded its presence with locations in Manchester, New York, Los Angeles, and Australia. With over 21 million registered users across 147 countries, Depop has established itself as a significant player in the online marketplace, particularly among younger consumers. Notably, it has recently ranked among the top 25 shopping apps by daily active users in Europe.

Linio

Private Equity Round in 2016
Linio is an e-commerce company that offers a wide variety of products online in many categories. It offers home electronics, technology products, mobiles, entertainment products, home appliances, fashion, sporting goods, babies and toys, books, and personal care products. It brings online consumer retail services to some of the fastest growing Latin American markets. Founded in 2012, Linio has operations in Mexico, Colombia, Peru, and Venezuela.

Depop

Series A in 2016
Depop Limited operates a mobile application that facilitates the buying, selling, and discovery of various items, primarily focusing on fashion. Founded in 2011 and headquartered in London, the company has expanded its presence with locations in Manchester, New York, Los Angeles, and Australia. With over 21 million registered users across 147 countries, Depop has established itself as a significant player in the online marketplace, particularly among younger consumers. Notably, it has recently ranked among the top 25 shopping apps by daily active users in Europe.

Locafox

Series A in 2015
Locafox GmbH is an online platform based in Berlin, Germany, founded in 2013, that enhances the shopping experience by providing detailed information from local retail stores, including product location, availability, and pricing. The platform allows consumers to make informed purchasing decisions by displaying product assortments and descriptions from nearby stores. Its services include options for reserving products online for in-store pickup, purchasing online with collection at designated stores, and same-day delivery to a specified location. By enabling local businesses to digitize their offerings, Locafox helps them compete effectively in the market. As of October 2020, Locafox operates as a subsidiary of Anker Kassensysteme GmbH.

Depop

Series A in 2015
Depop Limited operates a mobile application that facilitates the buying, selling, and discovery of various items, primarily focusing on fashion. Founded in 2011 and headquartered in London, the company has expanded its presence with locations in Manchester, New York, Los Angeles, and Australia. With over 21 million registered users across 147 countries, Depop has established itself as a significant player in the online marketplace, particularly among younger consumers. Notably, it has recently ranked among the top 25 shopping apps by daily active users in Europe.

ShopWings

Venture Round in 2014
Shopwings is an online platform that provides its users with the ability to receive groceries and delivery services. It provides the service of trained shopping staff who engages in buying groceries for consumers and delivering it to their doorstep.

Locafox

Venture Round in 2014
Locafox GmbH is an online platform based in Berlin, Germany, founded in 2013, that enhances the shopping experience by providing detailed information from local retail stores, including product location, availability, and pricing. The platform allows consumers to make informed purchasing decisions by displaying product assortments and descriptions from nearby stores. Its services include options for reserving products online for in-store pickup, purchasing online with collection at designated stores, and same-day delivery to a specified location. By enabling local businesses to digitize their offerings, Locafox helps them compete effectively in the market. As of October 2020, Locafox operates as a subsidiary of Anker Kassensysteme GmbH.

Locafox

Seed Round in 2013
Locafox GmbH is an online platform based in Berlin, Germany, founded in 2013, that enhances the shopping experience by providing detailed information from local retail stores, including product location, availability, and pricing. The platform allows consumers to make informed purchasing decisions by displaying product assortments and descriptions from nearby stores. Its services include options for reserving products online for in-store pickup, purchasing online with collection at designated stores, and same-day delivery to a specified location. By enabling local businesses to digitize their offerings, Locafox helps them compete effectively in the market. As of October 2020, Locafox operates as a subsidiary of Anker Kassensysteme GmbH.

21Diamonds

Series C in 2012
21Diamonds.in is an online jewelry shopping store that offers top quality diamond, gold and silver jewelry and accessories with conspicuously matchless designs. With its affordable prices and unique jewelry shopping experience, 21Diamonds is a one stop destination for making all your jewelry buying dreams come true.

BerryAvenue

Venture Round in 2012
BerryAvenue is operator of an online shopping club. It provides an online shopping platform where celebrities offer shopping tips and recommend products which can then be purchased directly through the company's website.

Depop

Seed Round in 2012
Depop Limited operates a mobile application that facilitates the buying, selling, and discovery of various items, primarily focusing on fashion. Founded in 2011 and headquartered in London, the company has expanded its presence with locations in Manchester, New York, Los Angeles, and Australia. With over 21 million registered users across 147 countries, Depop has established itself as a significant player in the online marketplace, particularly among younger consumers. Notably, it has recently ranked among the top 25 shopping apps by daily active users in Europe.

Linio

Series A in 2012
Linio is an e-commerce company that offers a wide variety of products online in many categories. It offers home electronics, technology products, mobiles, entertainment products, home appliances, fashion, sporting goods, babies and toys, books, and personal care products. It brings online consumer retail services to some of the fastest growing Latin American markets. Founded in 2012, Linio has operations in Mexico, Colombia, Peru, and Venezuela.

Dafiti

Venture Round in 2012
Dafiti is a prominent e-commerce platform based in São Paulo, Brazil, specializing in footwear, fashion, and lifestyle products for men and women. Launched in 2010, it offers a diverse catalog featuring over 100,000 products from more than 1,000 national and international brands. The platform is designed to provide a seamless shopping experience, allowing customers to browse and purchase a wide range of apparel, shoes, accessories, and beauty products through a single online store. Dafiti is supported by notable investors, including the Rocket Internet group, JP Morgan, and the World Bank, which underscores its significant presence in the Brazilian online retail market.

21Diamonds

Venture Round in 2011
21Diamonds.in is an online jewelry shopping store that offers top quality diamond, gold and silver jewelry and accessories with conspicuously matchless designs. With its affordable prices and unique jewelry shopping experience, 21Diamonds is a one stop destination for making all your jewelry buying dreams come true.

Dafiti

Series A in 2011
Dafiti is a prominent e-commerce platform based in São Paulo, Brazil, specializing in footwear, fashion, and lifestyle products for men and women. Launched in 2010, it offers a diverse catalog featuring over 100,000 products from more than 1,000 national and international brands. The platform is designed to provide a seamless shopping experience, allowing customers to browse and purchase a wide range of apparel, shoes, accessories, and beauty products through a single online store. Dafiti is supported by notable investors, including the Rocket Internet group, JP Morgan, and the World Bank, which underscores its significant presence in the Brazilian online retail market.

Zalando

Series A in 2010
Zalando, founded in Berlin in 2008, is Europe's largest online fashion platform, offering a vast selection of clothing, footwear, accessories, and beauty products for men, women, and children. With nearly 50 million active customers across 25 European countries, Zalando features over 7,000 brands, ranging from renowned international names to local labels. The company's major market is the DACH region, which includes Germany, Austria, and Switzerland. Zalando operates 12 fulfillment centers to ensure efficient logistics and distribution, catering to local customer needs. The platform aims to provide an exceptional online shopping experience by continually optimizing its offerings and leveraging e-commerce expertise.

Milleporte

Series A in 2010
Milleporte is a fashion and lifestyle focused EC site based in Japan. Over the past 6 years, Milleporte has grown to work with over 4000 brands and provide high quality / fairly priced products to its 2,500,000 members.

7trends

Series B in 2009
7trends is an online shop that cares primarily about the heart's desire of a woman.

7trends

Series A in 2009
7trends is an online shop that cares primarily about the heart's desire of a woman.

brands4friends

Venture Round in 2008
brands4friends operates an online shopping platform in Germany that offers high-quality branded fashion and lifestyle products. The company specializes in selling a diverse range of items, including clothing for men, women, and children, as well as sports goods, accessories, beauty products, and electronics. It utilizes a model of consecutive, temporary sales auctions, allowing customers to purchase remaindered goods from well-known brands at competitive prices. This approach not only provides consumers with access to desirable products but also promotes sustainability by facilitating the sale of surplus inventory.

Zalando

Seed Round in 2008
Zalando, founded in Berlin in 2008, is Europe's largest online fashion platform, offering a vast selection of clothing, footwear, accessories, and beauty products for men, women, and children. With nearly 50 million active customers across 25 European countries, Zalando features over 7,000 brands, ranging from renowned international names to local labels. The company's major market is the DACH region, which includes Germany, Austria, and Switzerland. Zalando operates 12 fulfillment centers to ensure efficient logistics and distribution, catering to local customer needs. The platform aims to provide an exceptional online shopping experience by continually optimizing its offerings and leveraging e-commerce expertise.

CafePress

Venture Round in 2008
Based in Foster City, CA, Cafepress.com allows its users to independently create and sell a wide variety of products on the web. By allowing individual sellers to set up free "shops" within their domain, Cafepress makes it easy for artists and designers to sell their goods online. Over 2.5 million independent shops have been opened on Cafepress since its opening in 1999. Cafepress is a privately owned, profitable company.

Enamora

Series A in 2008
Operator of lingerie retail website. The company is a multi-brand retailer of women's and men's lingerie, undergarments and lounge wear.

brands4friends

Seed Round in 2007
brands4friends operates an online shopping platform in Germany that offers high-quality branded fashion and lifestyle products. The company specializes in selling a diverse range of items, including clothing for men, women, and children, as well as sports goods, accessories, beauty products, and electronics. It utilizes a model of consecutive, temporary sales auctions, allowing customers to purchase remaindered goods from well-known brands at competitive prices. This approach not only provides consumers with access to desirable products but also promotes sustainability by facilitating the sale of surplus inventory.
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