Growth.

Driven by Reason.

Acton Capital is a leading growth-stage Venture Capital investor in Europe and beyond.

We invest with a clear focus on tech-enabled business models in Europe and North America – ready to scale and built to last.

Investing in Growth.

For over two decades, the Acton team supports digital pioneers on their way to market leadership.

With two decades of investment experience and a deep understanding of digital business models, we help skilled and driven founders establish value for the long run.

Since 1999
Investment Experience
Europe, North America
Target Region
Acton V, 2019
Current Fund & Vintage
EUR +500M
Invested Capital
80+
Companies Funded
40+
Exits to Date
Tech-enabled Business Models
Investment Focus
(Early) Growth
Investment Stage
EUR 5-10M
Ø Investment per Company

Our Investment Principles

WE INVEST IN THE BUSINESS MODEL.

We back the market leaders of tomorrow, not the next hype. We seek transformational growth, driven by technology and sustainable cash flows.
We invest in scalable business models, committed to real customer value and a clear path to profitability.

Ready to scale and built to last.

WE PARTNER WITH SUPERIOR TEAMS.

We invest in founders who build strong leadership teams and look for active support, not just money. Based on a deep belief in integrity and enduring partnerships, we contribute our expertise, hard work and passion to support young teams in building great companies.

Along the entire journey.

WE CONTRIBUTE OUR EXPERIENCE.
WITH SUCCESS.

We have invested in over 80 companies across Europe and North America. Our values, persistence and commitment have contributed to creating one of the most successful venture portfolios in the internet segment.

Sustainable growth, driven by reason.

People. Support to Create.

Our Investment History

Our track record in Venture Capital dates back to 1999, when the Acton team began investing in digital pioneers on behalf of Hubert Burda Media. While the Internet and with it our portfolio has evolved since, our beliefs have remained the same: Sustainable growth is driven by reason.

First Investment

1999

First Investment

1999

Established in Munich
Our initial investment in Alando and the following exit to eBay kick-started our story in Venture Capital.

Our first years as investor were all about the first movers in ecommerce and digital media.

We partnered with zooplus, AbeBooks, OnVista or Ciao – Germany’s true pioneers preparing the ground for the digital markets of today.

BDV Fund II

2004

Post Dotcom & Pre Social Networks
The burst of the bubble didn’t keep us from glancing across the Atlantic.

By adding rising starts like Etsy and AlphaSights to our venture portfolio, we tapped into the Anglosphere.

Meanwhile in Germany, long before Facebook, Twitter or Instagram, investments like ElitePartner or HolidayCheck paved the way for the Web 2.0.

Presence in Vancouver, British Columbia
To scout the local startup scene, our first Venture Partner for North America joined the team in 2007.

BDV Fund II

2004

Acton Fund III

2008

Acton Fund III

2008

Renaming to Acton Capital
With the spin-off into an independent fund structure and the opening to a broader investor base, we put “Acton” on our nameplate.

Disrupting Food & Fashion and emerging SaaS
With investments like Linas Matkasse, Mytheresa or momox and progressive Software-as-a-Service models like Clio, we were counting on the digital transformation across sectors.

Acton Fund IV

2014

Rise of FinTech & Future of Work
As new technologies found their way into long established industries, the next generation of up-and-comers like iwoca, Mambu, HomeToGo or COMATCH further extended the diversity of Acton’s portfolio.

Acton Fund IV

2014

Acton Fund V

2019

Acton Fund V

2019

Ready to back the pioneers of tomorrow
AI, DTC, IoT – We can’t predict what the next acronym will be, but we can help shape the future by focusing on what we do best: Supporting exceptional entrepreneurs in building great business models, ready to scale and built to last.