HV Capital

The news is out: EQT Future and Kühne Holding acquire a 35% stake in HV portfolio Flix! HV Capital has a long history of backing entrepreneurs to build market-leading digital companies – through all stages of growth. Over 13 years ago, HV met the Flix founders before the first bus was on the streets of Germany. Just a few weeks later Flix became part of the HV portfolio. Over time HV Capital has continued to invest in multiple financing rounds, helping Flix acquire competitors, consolidate the market and grow internationally. Until today HV was the second largest shareholder in Flix. Flix and HV have shared many milestones together. We’d like to congratulate André Schwämmlein, Jochen Engert, Daniel Krauss, and the entire Flix team. This is a tremendously positive signal and we’re looking forward to many more in the future. The new capital will be used to   🚀 Drive profitable growth: In 2023 the company reported EUR 2bn in annual total revenue – over 30% YoY growth. At the same time the company generated over EUR 100m in EBITDA. 🌍 Expanding the global footprint: Flix now offers services in 43 countries worldwide and is looking to expand further as they aim to reach market leadership. 🇺🇸 Advancing the North America Business: Flix launched in the US in 2018, acquired Greyhound in 2021 and will continue to grow its asset-light share in the market. 🌱 With growth comes responsibility: Flix continues to commit to ESG and has launched its second voluntary ESG report. Flix is also well-aligned with EQT Future's mission to support companies that improve the planet. You can read more about the new investment in the linked press release in the comments below. Cc David Kuczek, Christoph Jung, André Schwämmlein, Jochen Engert, Daniel Krauss, Andreas Aschenbrenner, Dominik de Daniel, Karl Gernandt

Are you curious to know what ESG in VC looks like? Then apply now for our ESG internship opening in Berlin, starting this fall!     Why should you apply?  👉 You’ll get to work with Marie who spearheads ESG at HV  👉 You’ll learn what it means to “do ESG” all levels of a company’s maturity stage and learn from HV Portfolio Trailblazers. Download HV’s ESG Guide for Startups to learn more: https://lnkd.in/dC_wqBJM  👉You’ll be part of shaping ESG at a multistage VC. See more about what we do as a firm in HV’s 2023 Annual ESG report here: https://lnkd.in/dD9tbwss 🌈 At HV, we believe diversity drives innovation and are committed to creating an inclusive environment. Whether you're a career changer, a recent graduate, or simply passionate about investments and startups, we encourage you to apply! Excited? Then apply now: https://lnkd.in/d4WSsz5y    We cannot wait to meet you!

HV Portfolio company Isar Aerospace has extended its Series C funding round to over 220m Euros with strong commitment from NATO Innovation Fund (NIF).     The fresh capital is a strong sign of confidence in Isar Aerospace’s approach, and it underlines the fundamental role that space technologies play in our economies and societies. Isar Aerospace will build-up a new 40.000m2 series production facility, highly-based on automation technology, to industrialize the production of launch vehicles for serving the increasing demand for flexible and cost-efficient access to space. Isar Aerospace joined HV’s Portfolio in 2020 and we’re delighted to share this milestone achievement. Big congratulations go out to Daniel Metzler, Josef Fleischmann, and Markus Brandl, and the entire Isar Aerospace team!    Read more via the press release linked in the comments below. Cc: Fabian Gruner

🇳🇱Meet Barbod this week at TNW Conference in Amsterdam! Barbod will join Kaushalya Somasundaram (FinTech Growth Fund) and Sandeep B. (Prosus Ventures) on the ‘Venture Capital: Keeping the Faith in FinTech’ panel, moderated by Murad Ahmed (Financial Times). Together, they will explore the top trends shaping fintech, such as AI, tokenization, and the development of digital payments, share insights on what to expect when expanding globally, and more. 📍TNW Finance Disrupted 🗓️Friday, June 21 from 15:10 - 15.50 #TNW2024 #TNWConference

🌟 Reflecting on HV's Talent Leader Summit 2024! 🌟 For the third time, HV hosted its annual Talent Leader Summit which united over 60 People Leaders from across the Portfolio on one beautiful rooftop in Berlin to exchange knowledge and inspire one another. Why do we do this? Simply put, “people & culture” is a universal topic. Championing in this area allows a company to scale efficiently, create a culture that attracts top talent and retains them, and much more. Even though HV is a multi-stage VC that invests across verticals throughout Europe, we’ve seen that bringing together this diverse group of Portfolio Talent Leaders creates a palpable learning environment where attendees leave with actionable knowledge. Thank you to everyone who joined us, shared their insights and experiences, and asked thought-provoking questions. Big shoutout to our speakers who took to various stages to share their knowledge: Sandra Strauss (Urban Sports Club), Mark Lundgren (CarOnSale), Alexander Hartmann (jobvalley), Frieda Möcker (Sastrify), Sebastian Dietrich (KoRo), Amy Weidner, Barbara Imm (roadsurfer), Silke Cramer, Hanna E. (Alasco), Quilco Hasemann (OUTFITTERY), and Christian Angele (Perlentaucher). ❤️Special thanks to Anna who makes this Summit possible and to Barbod, Jan and Marie for their valuable contributions throughout the day. We're already looking forward to the next #HVTalentLeaderSummit! 📸 Photo credits to Alexander Klebe

We’re cohosting a Ripple at The Drop with Extantia on “FOAK and CapEx Financing: Securing demand to secure funding” – RSVP to secure your seat! Maxi (HV Capital) and Yair (Extantia) will explore the commercial aspects of #FOAK and CaPex financing, focusing on securing demand through multi-year, take-or-pay-off-take agreements for non-dilutive funding. They'll delve into different types of commercial agreements, what features make off-take agreements more “bankable”, and more!  Why is this important? Building in climate typically involves large-scale infrastructure, which is challenging to finance early on and often relies on grants. Off-take agreements are crucial for unlocking non-dilutive financing by providing guaranteed cash flows and reducing investment risk. Curious to learn more? RSVP here: https://lu.ma/foakcapex The Drop is Europe's leading climate tech festival, bringing together over one thousand curated attendees from all over the world to discuss solutions to the world's most pressing challenges.    See you in Malmö later this year! cc: Jan, Marie, Jannis, Kasey-Leigh, Sebastian, Sarah B., Fernanda 

Simon and Marie from DELLI, a HV Capital portfolio company, brunched with Sifted’s Kai Nicol-Schwarz and talked all things leadership transitions, why “food is the new fashion” and what it takes to reach product-market-fit. The duo have been working together since 2017, originally at Depop. Lars and Jan from HV first met Simon and Depop over a decade ago when Simon moved from Italy to London to promote the then-unknown startup. HV backed Depop a year after its 2011 launch and remained a key backer through its $1.6 billion acquisition by Etsy in 2021. Following this success and in true serial-entrepreneur fashion, Simon launched DELLI, a marketplace for independent food producers. Since 2021, DELLI has been a part of HV’s portfolio, and we are thrilled to continue this journey with Marie as CEO and Simon as Chief Creative Officer. Read the full article here: https://lnkd.in/eYKuMK2P

HV published its first Annual ESG Report - download it now!     Since 2019, HV has been on a mission to ensure that ESG-by-Design has been internally adopted, championed across the ecosystem, and subsequently picked up within HV Portfolio companies. Because the cornerstone of long-lasting companies is good governance, social responsibility, and environmental protection. Failing to adhere to these standards can derail a company’s growth trajectory.       Thanks to our partners, which include the likes of VentureESG, Included VC, lfca.earth - Community | Leaders for Climate Action, and internal ESG-pioneers like Marie, Rainer, Jan, and Anna, HV has been able to shine a light on how its Portfolio can start their ESG journey.      HV ESG-trailblazers have gone on to write their first Voluntary Sustainability Reports and ensure diversity at the Board level (Flix), led the emission-free transport industry (sennder), broken down gender stereotypes and pushed inclusion across design (simpleclub), ensured that whistle-blowers are heard and protected (CoachHub - The digital coaching platform), created safe spaces for minority groups (Scoutbee), and much more.      To sum up this journey, we've produced our first Annual ESG Report. Curious to learn more? Download the 2023 edition here: https://lnkd.in/dD9tbwss 

We are excited to host a highly oversubscribed "FOAK & CapEx" financing event tomorrow, where we’ll demystify how capital-intensive startups building green solutions can secure funding to scale their #FOAK solutions. The curated group will hear from experts who have trailblazed the FOAK path: Gustav Bolin, Partner & Leader of Green Business Building for the Nordics at McKinsey & Company, will discuss the opportunities and challenges of hyperscaling climate tech, synthesizing learnings from McKinsey & Company’s experience with leading European unicorns and decacorns. Tobias Lechtenfeld, Executive Director at Tech for Net Zero and Partner at 1.5° Ventures, will share insights on de-risking hardware. Gregor Burkart, CFA, Head of Structured Finance, and Viktor Wingert, Co-Founder at HV Portfolio company Enpal, will talk about debt financing and the role of #SPVs. Philip Kessler, Co-Founder at TURN2X, is set to discuss the option of financing your FOAK plant with your customers. David Hanf, CFO at DePoly and former CFO at HV Portfolio company thermondo, will discuss the different pieces of the broader FOAK puzzle. The current funding gap for startups looking to prove their technologies at scale makes it incredibly important for the entire ecosystem to work together on financing solutions. VCs have an important role to play, both by developing know-how and financing capabilities and by forging multi-stakeholder relationships that can support startups throughout their journey. Stay tuned for more insights following the event!     Cc Jan, Maxi, Maximilian, Fabian, Jannis, Maurits 

We've just wrapped up an incredible week of events across Europe, from South Summit in Madrid to SuperReturn and #superventure in Berlin! Here's a recap of what our team was up to: 🇳🇱 Thank you to everyone who joined Barbod and Zuzanna at the Money20/20 Drinks, hosted with friends from Dawn Capital and Motive Ventures. We hope you enjoyed connecting with fellow investors, founders, and friends, both old and new! 🇩🇪 Laura took to the stage at health.tech conference with Farina Schurzfeld (AndRobin) to discuss go-to-market strategies in healthcare, focusing on B2B and Digital Health Applications (DiGAs) from an investor’s perspective. She also cohosted ‘Sips & Bites’ with Speedinvest and Ananda Impact Ventures, which brought together over 100 health-tech founders and investors. Thanks for joining us! 🇪🇸 At South Summit, Alexander had a discussion with Roberto Albaladejo (BBVA Spark) and Lucrezia Lucotti (360 Capital) about the trends, opportunities, and challenges of growth investing in Europe. 🇩🇪 The ever-growing 'ESG Apéritif', hosted by Marie and friends from Cusp Capital, brought together GPs, LPs, and Industry leaders from Germany, France, and the US to discuss all things ESG. 🇩🇪 A big thank you to everyone who joined our 'Energy Tech Breakfast' in Berlin, cohosted by Manal, Said and friends from Contrarian Ventures. Before enjoying a delicious breakfast at Nomad Cafe, we delved into “How the Industry Can Go Green?" with insights from Gerrit Riemer (thyssenkrupp Steel), Simon Zunk (Head of Robert Habeck's Parliamentary office and Communication Advisor), Joshua Kuepper (RIZM (formerly Kerith), and Thekla von Bülow (Energy Economist). 🇩🇪 It was great seeing so many new and familiar faces in Berlin at SuperReturn and #superventure. The startup, venture, and growth ecosystem really came together, and it's always inspiring to see the energy and passion entrepreneurs and investors are putting into tackling key challenges. Cc: Rainer, Christian, Jan.