Fund profile / Germany

Lucid Capital

Geography: Germany
Stage: Pre-Seed
Fund size: €36M
Focus: AI/ML
Signals: Published

N°01 / About

About Lucid Capital

Berlin-based debut fund positioning itself as Europe's largest AI inception fund. Backs AI-first founders from day zero, often before incorporation. Portfolio includes GeneralMind, Sonia, and UseToday.

N°02 / Thesis

Investment Focus

Location / RegionGermany

Funding StagePre-Seed

Industry Focus

AI/ML

Investor Signals Profile

active

Sweet Spot

Technical B2B or AI founder pre-revenue seeking operator-led partner for category leadership

B2B software

AI infrastructure

pre-seed/seed

developer platforms

vertical SaaS

Bullish Signals

Fund I just launched at $36M, capital is fresh and ready to deployblog

Leads and co-leads early rounds, high conviction per dealblog

Operator-led model offers hands-on GTM and product-market fit supportblog

Contrarian Signals

Small fund size limits follow-on capacity in later roundsblog

No named GPs disclosed — team credibility unverifiableblog

Rejects generalist or non-technical B2B pitchesblog

Founder Do's

Show a clear technical edge and strong founding vision

Engage before significant revenue traction

Position yourself for category leadership early

Be open to hands-on collaboration on GTM and product-market fit

Come prepared to discuss team-building and follow-on strategy

Founder Don'ts

Don't approach if you need a large check size

Don't pitch without a technically differentiated foundation

Don't expect a passive capital-only relationship

15 signals on Lucid Capital

3 bullish · 3 contrarian · 5 pitch do's · 3 don'ts · 1 GP profile, each with its source. From €9/month, cancel anytime.

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Facts

Fund Overview

Fund Size€36M

Saves0

Website

People

Key People

Johann Brenner, Srećko Tomić

Lucid Capital TeamGeneral Partner

N°04 / See also

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