DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Deutsche Beteiligungs Ag
Deutsche Beteiligungs Ag
Institutional venture firm · probableFrankfurtdeutsche-beteiligung.deSEC venture capital fund adviser
Die DBAG mit Sitz in Frankfurt und Mailand investiert seit mehr als 55 Jahren in gut positionierte mittelständische Unternehmen.
venture manager, reported GAV $2,867M across 9 vehicles
Importance
62
high
Active deployment
30
moderate
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
17
moderate
Identity and regulatory footprint
- Headquarters
- Frankfurt, Germanyadviserinfo.sec.gov
- Office address
- BOERSENSTRASSE 1, Frankfurt, D-60313adviserinfo.sec.gov
- Business phone
- 4.96996E+11adviserinfo.sec.gov
- Website
- WWW.DEUTSCHE-BETEILIGUNG.DE
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Sep 20, 2022
- Private funds reported
- 8 (0 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $2.9Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- Rossmann Beteiligungsgesellschaft Mbh (Shareholder In Deutsche Beteiligungs Ag), B
- business phone
- 4.96996E+11adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
23 observed deals
Stated (the firm’s website)
- Sectors
- healthcare, cybersecurity
- Stages
- not stated or not yet read
- Geography
- global
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate n/afollow-on rate n/anew logos, 12 months 23
Funds and vehicles
9 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Dbag Fund Viii a (guernsey) L.P. | Fund · ADV: Private Equity Fund | 2021 adv first reported | Mature | $794M Sep 20, 2022 | 51 | $0 | Nov 15, 2019 |
| Dbag Fund Viii B (guernsey) L.P. | Fund · ADV: Private Equity Fund | 2021 adv first reported | Mature | $178M Sep 20, 2022 | 51 | $0 | Nov 15, 2019 |
| Dbag Fund VII Scsp | Fund · ADV: Private Equity Fund | 2017 adv first reported | Harvest | $711M Sep 20, 2022 | 64 | unknown | unknown |
| Dbag Fund VII B Scsp | Fund · ADV: Private Equity Fund | 2017 adv first reported | Harvest | $286M Sep 20, 2022 | 64 | unknown | unknown |
| Dbag Expansion Capital Fund Gmbh & Co. Kg | Fund · ADV: Private Equity Fund | 2017 adv first reported | Harvest | $113M Sep 20, 2022 | 18 | unknown | unknown |
| Dbag Fund VI (guernsey) L.P. | Fund · ADV: Private Equity Fund | 2012 form d first sale | Harvest | $402M Sep 20, 2022 | 53 | $737M of $737M | Dec 12, 2012 |
| Dbag Expansion Capital Fund International Gmbh & Co. Kg | Fund · ADV: Private Equity Fund | unknown | Unknown | $352M Sep 20, 2022 | 23 | unknown | unknown |
| Dbag Fund V International Gmbh & Co. Kg | Fund · ADV: Private Equity Fund | unknown | Unknown | $30.3M Sep 20, 2022 | 26 | unknown | unknown |
| Dbag Fund IV International Gmbh & Co Kg | Fund · ADV: Private Equity Fund | unknown | Unknown | $1.9M Nov 11, 2021 | 10 | unknown | unknown |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
35 current, 0 departed
Emilie Klever
AnalystAnalyst
Jona Hesse
AnalystAnalyst
Malin Oltmann
AnalystAnalyst
Simona Marchese
AnalystAnalyst
Tom Siebert
AnalystAnalyst
Carla Himmer
AssociateAssociate
Florian Geier
AssociateAssociate
Lisa Fischer
AssociateAssociate
Marisa Menzel
AssociateAssociate
Matteo Dagnaux
AssociateAssociate
Jannick Hunecke
Board or advisoryMember Of The Board Of Management Of Deutsche Beteiligungs Ag · since Mar 1, 2021
Susanne Zeidler
Board or advisoryMember Of The Board Of Management Of Deutsche Beteiligungs Ag · since Nov 1, 2012
TOM Alzin
Board or advisoryMember Of The Board Of Management Of Deutsche Beteiligungs Ag · since Mar 1, 2021
Brigitte Friedrich-Haack
OtherBrigitte Friedrich-Haack ist seit 2025 bei der Deutschen Beteiligungs AG als Head of Corporate Development beschäftigt.
Corporate Functions
OtherResearch
Dennis Jankowski
OtherDennis Jankowski ist seit 2014 als Head of Risk Management bei der Deutschen Beteiligungs AG beschäftigt.
Iris Winkel
OtherIris Winkel ist seit 2022 bei der Deutschen Beteiligungs AG beschäftigt und leitet den Bereich Investment Monitoring.
Andre Mangin
PartnerShareholder Of Dbg Advisors Viii Gmbh & Co. Kg · since Aug 1, 2020
Erik Yankulin
PartnerManaging Director
Kevin Kunze
PartnerInvestment Director
Maximilian Vogl
PartnerInvestment Director
Moritz Hartwieg
PartnerManager
Rolf Scheffels
PartnerShareholder Of Dbg Team Vii Gmbh & Co. Kg · since Mar 1, 2016
Torsten Grede
PartnerShareholder In Dbg Team Viii Gmbh & Co. Kg · since Aug 1, 2020
Wilken von Hodenberg
PartnerShareholder Of Dbg Advisors V Gmbh & Co. Kg · since Dec 1, 2005
Carolin Keferstein
Platform and operationsSenior Manager Legal
Jannick Hunecke
Platform and operationsInvestment Controlling, Finanzierung, Human Resources, Legal, ESG, Business Development, Research, ELF Capital
Anissa Hammar Pires
PrincipalDirector
Alessandro Melini
Vice presidentInvestment Manager
Alexander Jeanneaux
Vice presidentInvestment Manager
Carolin Klosterkamp
Vice presidentInvestment Manager
Dario Alessandro
Vice presidentInvestment Manager
Jan Martin Gemmer
Vice presidentInvestment Manager
Manuel Mache
Vice presidentInvestment Manager
Niklas Glanemann
Vice presidentInvestment Manager
Investments on record
23 edges, 23 companies, 0 partner-attributed
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
22 dated events
- Sep 16, 2026Investeurope no longer listed on Deutsche Beteiligungs Ag's portfolio pageRemoved from portfolio pagePortfolioInferenceInvesteuropeVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Dirk no longer listed on Deutsche Beteiligungs Ag's portfolio pageRemoved from portfolio pagePortfolioInferenceDirkVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Dai no longer listed on Deutsche Beteiligungs Ag's portfolio pageRemoved from portfolio pagePortfolioInferenceDaiVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Bvkap no longer listed on Deutsche Beteiligungs Ag's portfolio pageRemoved from portfolio pagePortfolioInferenceBvkapVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Spheros Vom Komponentenhersteller zum Anbieter ganzer Systemlösungen. no longer listed on Deutsche Beteiligungs Ag's portfolio pageRemoved from portfolio pagePortfolioInferenceSpheros Vom Komponentenhersteller zum Anbieter ganzer Systemlösungen.Venture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026ProXES Marktführerschaft durch erfolgreiches Buy-and-Build. no longer listed on Deutsche Beteiligungs Ag's portfolio pageRemoved from portfolio pagePortfolioInferenceProXES Marktführerschaft durch erfolgreiches Buy-and-Build.Venture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026inexio Starkes Wachstum durch neues Kundensegment generiert. no longer listed on Deutsche Beteiligungs Ag's portfolio pageRemoved from portfolio pagePortfolioInferenceinexio Starkes Wachstum durch neues Kundensegment generiert.Venture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026IT no longer listed on Deutsche Beteiligungs Ag's portfolio pageRemoved from portfolio pagePortfolioInferenceITVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026en no longer listed on Deutsche Beteiligungs Ag's portfolio pageRemoved from portfolio pagePortfolioInferenceenVenture organization websites (about, team, portfolio, thesis, news pages)
- Mar 1, 2021TOM Alzin joined Schedule A of Deutsche Beteiligungs Ag as Member Of The Board Of Management Of Deutsche Beteiligungs Ag
- Mar 1, 2021Jannick Hunecke joined Schedule A of Deutsche Beteiligungs Ag as Member Of The Board Of Management Of Deutsche Beteiligungs Ag
- Jan 6, 2021Dbag Fund Viii a (guernsey) L.P. first reported on Form ADV by Deutsche Beteiligungs Ag (Private Equity Fund), GAV $705,538,531Fund first reported on Form ADVFundsFactDbag Fund Viii a (guernsey) L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 6, 2021Dbag Fund Viii B (guernsey) L.P. first reported on Form ADV by Deutsche Beteiligungs Ag (Private Equity Fund), GAV $142,099,654Fund first reported on Form ADVFundsFactDbag Fund Viii B (guernsey) L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Nov 30, 2017Dbag Expansion Capital Fund Gmbh & Co. Kg first reported on Form ADV by Deutsche Beteiligungs Ag (Private Equity Fund), GAV $130,443,882Fund first reported on Form ADVFundsFactDbag Expansion Capital Fund Gmbh & Co. KgSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Nov 30, 2017Dbag Fund VII B Scsp first reported on Form ADV by Deutsche Beteiligungs Ag (Private Equity Fund), GAV $172,382,071Fund first reported on Form ADVFundsFactDbag Fund VII B ScspSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Nov 30, 2017Dbag Fund VII Scsp first reported on Form ADV by Deutsche Beteiligungs Ag (Private Equity Fund), GAV $634,365,401Fund first reported on Form ADVFundsFactDbag Fund VII ScspSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jun 3, 2013Dbag Fund VI (guernsey) L.P. first reported on Form ADV by Deutsche Beteiligungs Ag (Private Equity Fund), GAV $728,000,000Fund first reported on Form ADVFundsFactDbag Fund VI (guernsey) L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Nov 1, 2012Susanne Zeidler joined Schedule A of Deutsche Beteiligungs Ag as Member Of The Board Of Management Of Deutsche Beteiligungs Ag
- Mar 30, 2012Deutsche Beteiligungs Ag first filed Form ADV (ERA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2012Dbag Expansion Capital Fund International Gmbh & Co. Kg first reported on Form ADV by Deutsche Beteiligungs Ag (Private Equity Fund), GAV $69,364,680Fund first reported on Form ADVFundsFactDbag Expansion Capital Fund International Gmbh & Co. KgSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2012Dbag Fund V International Gmbh & Co. Kg first reported on Form ADV by Deutsche Beteiligungs Ag (Private Equity Fund), GAV $110,144,800Fund first reported on Form ADVFundsFactDbag Fund V International Gmbh & Co. KgSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2012Dbag Fund IV International Gmbh & Co Kg first reported on Form ADV by Deutsche Beteiligungs Ag (Private Equity Fund), GAV $28,697,870Fund first reported on Form ADVFundsFactDbag Fund IV International Gmbh & Co KgSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Institutional venture firm (probable, 80%, cls-1)venture manager, reported GAV $2,867M across 9 vehicles
Evidence
42 observations from 2 sources