Picus Capital

Quick read

Picus Capital is a generalist, multi-stage VC firm founded in 2015 and headquartered in Munich, Germany, with additional offices in New York, Berlin, London, and Singapore. It operates on permanent, evergreen capital — backing companies from pre-seed through growth for 5–10+ years, an unusually patient model for venture. The firm closed a €150M preferred equity financing from Carlyle AlpInvest in early 2026, signalling continued scale.

Key facts

Founded

2015

Founders

Jeremias Heinrich, Alexander Samwer

Employees

151

Sectors

generalist, fintech, healthcare, ai, climate, saas

Website

www.picuscap.com

Investment thesis

Picus invests at pre-seed, seed, and Series A in technology companies across fintech, healthcare, HR, climate, logistics, real estate, and e-commerce globally — then holds positions for 5–10+ years using permanent, evergreen capital. The firm co-creates companies with founders from ideation onward, acting as an operational partner rather than a passive capital provider.

Recent activity

• Feb 2026investment
  Picus Capital led a $60M Seed round in Entire, an AI-powered software engineering platform co-founded by former GitHub CEO Thomas Dohmke. startupintros.com
• Feb 2026fundraise
  Picus Capital closed a €150M preferred equity financing from Carlyle AlpInvest, providing long-term capital to expand its evergreen investment model. linkedin.com
• Feb 2026investment
  Co-led a $6M Seed round in an open conviction marketplace platform alongside 20VC, with participation from Coinbase Ventures, Ventures Together, and 30+ angels. linkedin.com
• Oct 2025investment
  Led Cercli's $12M Series A; Cercli is an AI-powered HR platform operating in the Middle East. tracxn.com
• Nov 2025investment
  Participated in Kabilio's €4M round alongside Visionaries Club; Kabilio builds AI tools for Spanish accounting firms. tracxn.com
• 2026press
  Sebastian Schaefer, Partner at Picus Capital, co-hosted an AI and software engineering event in Munich with TUM.ai, discussing how AI agents are changing software development. linkedin.com
• 2026press
  Daniel Philipp Niklas (Senior VP) represented Picus Capital on a venture capital panel at Stanford University focused on pre-seed investing. linkedin.com

Notable investments

• EntireSeed ($60M)Feb 2026startupintros.com
• CercliSeries A ($12M)Oct 2025tracxn.com
• KabilioSeed (€4M)Nov 2025tracxn.com
• HAUSUndisclosed2025linkedin.com
• PersonioUndisclosedPriortracxn.com
• DeelUndisclosedPriortracxn.com
• FINNUndisclosedPriorpicuscap.com
• WorkMotionUndisclosedPriorpicuscap.com

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

• Robin Godenrath · Partner
  LinkedIn
• Sebastian Schaefer · Partner
  LinkedIn
• Daniel Philipp Niklas · Senior VP
  LinkedIn
• Julian Roeoes · Team Member
  LinkedIn
• Raphael Mukomilow · Team Member
  LinkedIn
• Alexander Samwer · Founder
• Florian Reichert · Partner

Sources

• Picus Capital – Official Website
• Picus Capital – Crunchbase
• Picus Capital – Tracxn
• Picus Capital – Startup Intros
• Picus Capital – VC Sheet
• €150M Carlyle AlpInvest Close – LinkedIn
• Picus Capital – Growth Equity Interview Guide

Other VCs in Germany

• Earlybird Venture Capital · Multi-stage VC, Berlin·
• Project A Ventures · Early-stage VC, Berlin·
• Cherry Ventures · Early-stage VC, Berlin·
• Point Nine Capital · SaaS-only VC, Berlin·
• High-Tech Gründerfonds · Seed VC, Bonn·
• HV Capital · Multi-stage VC, Munich (ex-Holtzbrinck Ventures)

Explore VCs by sector

• Generalist in Germany
• Fintech in Germany
• Healthcare in Germany

Globally

• Generalist worldwide
• Fintech worldwide
• Healthcare worldwide

Frequently asked