Angel Invest Closes $44M Fund III for Early-Stage Startups

Jan de Vries · 2026-06-11

Angel Invest, a venture capital firm based in Berlin, has officially closed its third fund at $44 million (€40 million). The fund exceeded its initial target and will continue the firm's strategy of backing startups at the angel, pre-Seed, and Seed stages. So far, the firm has already invested in over 110 companies from Fund III. Some of the recent names include Peec AI, Originator, Sapiom, Fonio, INXM, Mav9, Huzzle, Seapoint, Daisytuner, AskVinny, and Feld Energy. ### What This Means for Founders This isn't just another fund announcement. Angel Invest is bringing on new venture partners and advisors who have real hands-on experience building and exiting companies. One of their advisors even made the Forbes Midas List, backing some of Europe's biggest success stories. Jens Lapinski, Founding Partner of Angel Invest, put it this way: "The team we are announcing today reflects where we are taking the firm: venture partners who have founded and exited companies, and advisors including a Forbes Midas List investor who backed some of Europe's biggest breakouts. Our ambitions go beyond the first check. Angel Invest is more than an angel fund." ### A Wave of European VC Activity Angel Invest's news comes at a busy time for European venture capital. Here are a few other recent closes: - Pitchdrive, based in Antwerp, closed a $66 million (€60 million) Fund IV to back AI-native early-stage startups across Europe. - Merantix Capital, another Berlin firm, closed a $113 million (€103 million) AI Fund for early-stage, AI-native companies. - Creator Fund, from Kensington in the UK, closed its first European fund at $54 million (€48.8 million) to support scientific founders at pre-Seed stage. ### Track Record and Portfolio Strength Across more than 250 portfolio companies, Angel Invest says its early investments have attracted top-tier global investors and produced several exits. Some of their standout companies include: - Augustus (formerly Ivy), which reached Series B with Valar Ventures and Creandum. - Taktile, backed by Index Ventures and Tiger Global. - Rasa, backed by Andreessen Horowitz, Accel, and PayPal Ventures. - Spacelift, backed by Insight Partners. - Peec AI, backed by 20VC and Singular. ### New Partners Bring Deep Experience Jag Singh, Managing Partner of Angel Invest, added: "Nazanin Daneshvar joined us from EQT Ventures after founding and scaling one of the Middle East's largest startups to hundreds of employees. Connor Murphy, founder of Brdg and a former Managing Director at Techstars, joins as a venture partner." Both have already made early investments through Angel Invest that top VC funds later followed into. And they spend hundreds of hours each year coaching the founders they back. If you're an early-stage founder in Europe, this fund could be worth a conversation. Angel Invest is clearly building more than just a check-writing machine.