Back to Investors
Lakestar

Lakestar

Venture Capital

Lakestar invests in technology-enabled disruptive businesses founded by entrepreneurs in Europe and beyond, managing over €1.2bn across multiple funds.

Portfolio

12

companies


Portfolio companies

D

Dexory

Dexory provides autonomous robots and artificial intelligence to optimise warehouse operations.

F

Firenze

Firenze provides an embedded finance platform that opens up Lombard lending to mass affluent investors.

B

BotsAndUs

BotsAndUs builds autonomous mobile robots and AI software to automate warehouse logistics.

R

Rvvup

Rvvup builds next generation payments infrastructure bridging centralised and decentralised finance.

J

Juno

An employee benefits platform enabling staff to choose personalised perks.

accuRx

accuRx

accuRx develops collaborative communication software that connects patients and healthcare teams.

Yapily

Yapily

Yapily supplies open banking infrastructure for digital financial services.

ClearGlass Analytics

ClearGlass Analytics

ClearGlass Analytics provides a digital data platform that uncovers hidden asset management costs for pension funds.

B

Blockchain.com

Blockchain.com provides a digital asset wallet and institutional cryptocurrency marketplace.

A

AGORA

AGORA operates a social commerce platform that enables beauty fans to monetise their video content and connect with brands.

Streetbees

Streetbees

Streetbees operates a human intelligence platform that analyses real-time consumer data.

ET

Eigen Technologies

Eigen Technologies provides natural language processing software to extract unstructured data for enterprises.


Team

SN

Stephen Nundy

Partner and Chief Technology Officer

Christoph Schuh

Christoph Schuh

Partner

Christoph is a partner at Lakestar. He holds board and investor roles at Dexory, Condo Group, Streetbees, Impala, and sennder.

LinkedIn
Mika Salmi

Mika Salmi

Managing Partner

Mika brings investment experience from Lakestar alongside board and advisory roles at INSEAD, FEED.FM, and Hagerty.

LinkedIn
Klaus Hommels

Klaus Hommels

Founder

Klaus chairs Lakestar and holds board seats at Isar Aerospace, the Munich Security Conference, and SumUp. He previously chaired the NATO Innovation Fund and served on the board of Neko Health.

LinkedIn
OH

Oliver Heimes

Partner

Oliver is a partner at Lakestar. His background includes research at Harvard Business School and investment banking analysis at Goldman Sachs.

LinkedIn
NB

Nicolas Brand

Partner


Recent investments

Pre-Seed
£750K

The Manchester based fintech secured the capital from backers including scout funds from a16z, Atomico, and Ada Ventures.

"We’re humbled by the calibre of investors who have chosen to back us at this pivotal stage of the journey. It’ss a testament to the clear need for our solution in the market, with many of our investors intimately familiar with the value of opening up Lombard lending. We look forward to using this raise to propel our vision forward"
— Anna Curtis, Co-founder
Series A
£15.0M

Atomico led the Series A round with participation from existing investors including Lakestar, Kindred, and Maersk Growth.

"For those operating warehouses, ensuring 100% fulfilment ‘in time, all the time’ is crucial to meeting the demands of the modern consumer. A critical component to achieving this is high stock accuracy, but staff shortages, manual processes, and the speed demanded by customers means that critical decisions across the supply chain are currently being taken blindly,"
— Andrei Danescu, CEO and co-founder
Seed
£10.6M

Lakestar led the seed round, with backing from Maersk Growth, Kindred Capital, and Capnamic, to fund international expansion and product development.

"BotsAndUs is already paving the way for artificial intelligence and robotics to completely transform logistics. Our integrated AI and robotics platform is helping companies boost their performance and unlock their full potential. We’re confident we can make our vision a reality: transforming logistics on a global scale with real time data to eliminate errors and enhance performance across all steps"
— Andrei Danescu, Co-founder and CEO
Seed
£5.6M

The funding round was led by HV Capital and Lakestar to support the development of next generation payment systems.

"We believe payments is entering a new paradigm where traditional finance is meeting the Web3 future of finance, and that these will coexist for years to come. The challenge and the opportunity right now is to bridge these very different worlds, and build the interoperability to enable choice across the three generational payments use cases, from cards to open banking to crypto and everything in between."
— David Nunn, Founder & CEO
Seed
£1.6M

The seed round was backed by angel investors and venture capital firms including Lakestar, SIX Fintech Ventures, and JME Ventures.

"Small businesses are the lifeblood of our economy, yet many are struggling to get back on their feet after the pandemic. We’re on a mission to support them getting paid on time and, by digitising the payment process, stop the time they waste chasing and managing payments; ultimately supporting a stronger cash flow and meaning they can survive and thrive."
— Pete Bailey, Co-founder and Chief Product Officer
Series B
£27.5M

The Series B round was led by Lakestar with backing from institutional investors and venture funds to support team growth and product expansion.

"accuRx’s product has reinvigorated communication with our patients, enabling a better relationship between GPs and patients, which has ultimately led to better care provision. Our patients now have the confidence that they’re getting speedy and accurate responses from our team, and the use of regular Florey questionnaires to gather more information from our patients has been transformative for clinical record keeping and the care we provide. We’re thrilled that accuRx has received funding which will enable it to expand its primary care product set, some of which we’re trialling at the moment. We’re also excited about accuRx’s progress into secondary care as better interaction between primary and secondary care is a huge step forward for safer and more effective patient care."
— David Triska, GP Partner
Series B
£37.4M

Sapphire Ventures led the Series B round with participation from existing investors Lakestar, HV Capital and Latitude.

"We are delighted with this strategic investment, demonstrating Yapily’s position at the heart of disrupting global financial infrastructure. As we got to know Sapphire Ventures, it was clear that they are hugely supportive of our strategic approach and share our vision of open finance. Open Banking infrastructure is fundamental to how data and payments move between organisations worldwide, and it will shift the power to consumers for years to come. We are only starting to scratch the surface of what’s possible."
— Stefano Vaccino, CEO and Founder
Seed
£2.6M

The seed financing was led by Lakestar and Outward VC to support international expansion and product development.

"Finding your costs are so much larger is shocking, but also something to be celebrated. These incremental costs were always there, they just weren’t exposed, and now you can identify those and bring about change. You can’t manage what you don’t measure."
— Christopher Sier, CEO
Seed
£5.0M

Draper Esprit led the seed round with backing from Lakestar and Angel Capital Management to support platform growth and new features.

"We built AGORA to transform the online beauty shopping experience and create opportunities for real people to monetise their talent and creativity, something that has only been available to brand-sponsored social media influencers. AGORA will empower a new category of entrepreneur."
— Riccardo Basile, Co-founder and CEO
Series B
£30.7M

The Series B round was led by Lakestar with participation from LocalGlobe, Atomico, GMG Ventures, and Octopus, and will fund platform development and headcount growth.

"Human reality is incredibly complex, and while technology has made progress in healthcare and pharmaceuticals, we’re still no closer to truly understanding the decisions that we make. Our behaviour is captured online and in the artificial reality of social media, but the near 80 percent of our lives that happens in the offline world, remains untapped,"
— Tugce Bulut, CEO
Series B
£29.0M

The investment round was co-led by Lakestar and Dawn Capital with participation from Temasek and Goldman Sachs.

"When we founded Eigen five years ago, I wanted build a research-led transatlantic business. Since the Series A we have made great progress by massively scaling the company, expanding our client base, and integrating cutting-edge machine learning techniques into our NLP product. This new round will allow us to supercharge our growth. 80-90% of the enterprise data in the world today is unstructured information such as text, meaning that most organizations are unable to it unlock its value. With continuing economic uncertainty and the ongoing disruption by data-native companies such as Google, Tencent, and Amazon the imperative to be able to leverage this data is stronger than ever. The new funding will enable Eigen to further its core mission by unlocking the value of our clients’ qualitative data. This will be underpinned by another big investment in our science team, which will double in size so that we can continue to stay at the forefront of machine learning research."
— Lewis Liu, Co-founder and CEO