Profile
Senovo is a venture capital firm specializing in early-stage B2B software investments, with headquarters in Munich and Berlin. Founded in 2013 by Frederick Mallinckrodt and Dr. Alexander Buchberger, the firm comprises a team of B2B software specialists including partners Markus Grundmann and Mona Gindler. What sets Senovo apart is its dedicated focus on category-defining enterprise software, with a strong emphasis on operating playbooks for scaling, internationalization, and go-to-market strategies.
The firm primarily invests in AI-first B2B software across sectors such as cybersecurity, industrial tech, open source, infrastructure, and enterprise SaaS. Senovo typically joins companies post product-market fit with initial checks of €1-5 million at the Seed and Series A stages, focusing on startups with European roots that have global market ambitions. With more than $100 million in Fund IV alone, and past funds totaling investments across 40 plus startups, Senovo strengthens its position through strategic focus and select high-conviction investments.
Notable portfolio companies include Parloa, an AI-based customer service platform, HiveMQ for IoT messaging infrastructure, and Human-layer cybersecurity tool CultureAI. Senovo's standout exits include Manta, acquired by IBM, and Riskmethods, bought by Sphera, both showcasing its capacity to cultivate startups into leaders with significant trade-sale value. The firm's singular focus on a specific category and strong operational involvement makes it a strategic partner for founders at the inflection point of scaling.
Industry
Senovo Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Senovo Fund I
|
Venture Capital (VC)
|
Financial Services
Fintech
Robotics
SaaS
Software
AI
HealthTech
Deeptech
|
Seed
Series A
|
Europe
|
$5-10 m
|
$86 M
|
January 2023
|
|
Senovo Fund IV
|
Venture Capital (VC)
|
Business Services (B2B)
Industrial
Software
AI
Infrastructure
Cybersecurity
|
Seed
Series A
|
Europe
|
$1-5 m
|
$100 M
|
June 2026
|
Contacts
Instant access on the web. Plans from $129/month — see pricing.