FUNDMOMENTUM.VCThe agentic pulse of VC
Start free
Fund profile / Germany

Merantix Capital AI Fund

Geography
Germany
Stage
Pre-Seed
Fund size
€103M
Focus
AI/ML, Digital Health, Energy Tech and Enterprise Software
Signals
Published
Share
N°01 / About

About Merantix Capital AI Fund

Merantix Capital AI Fund is a €103M vehicle from Berlin's Merantix AI group — roughly 3x its first fund. Uniquely structured with half the capital funding pre-idea company-building inside the Merantix AI Campus and half going into direct pre-seed and seed deals, targeting ~40 AI-native companies. Led by co-founders Rasmus Rothe (PhD ETH Zurich, chairs German AI Association) and Adrian Locher (exited DeinDeal). Key LPs include Union Investment, Jungheinrich, KPMG Germany, Robert Wood Johnson Foundation and W.K. Kellogg Foundation.

N°02 / Thesis

Investment Focus

Location / RegionGermany
Funding StagePre-Seed
Industry Focus
AI/ML
Digital Health
Energy Tech
Enterprise Software
Manufacturing
Robotics & Automation
Supply Chain

Investor Signals Profile

active

Sweet Spot

AI/robotics founders in European industrial & energy pre-seed→seed

industrial AI
venture studio
energy infrastructure
agentic software engineering
European AI sovereignty

Bullish Signals

€103M — 3x first fund in tough European fundraisingblog
50/50 studio + direct investing structural advantageblog
80+ resident companies in Merantix AI Campus Berlinblog
Strategic LPs: Jungheinrich, KPMG, Union Investment alignedblog
Early bets: Droidrun, Arqh, Outpost Bio momentumblog
Whistle Robotics backing signals robotics vertical prioritysocial
DevDay 2026: agentic SE permissioning & trust centerpiecesocial
Materials science data readiness emerging portfolio themesocial
CuspAI speaking on lab AI-readiness & data systemssocial
CTO Roundtable: Thomas Wollmann convenes decision-makers quarterlysocial
Agentic governance emerging as critical fund thesis expansionsocial
Energy OS + agentic workflows for demand-side optimizationsocial
AI Breakfast series convenes enterprise energy founders quarterlysocial
Fluxara, einklang, Meteoric partnerships signal energy vertical depthsocial

Contrarian Signals

Venture studio operationally heavy and inconsistent historicallyblog
50/50 split requires excelling at two disciplinesblog
Studio-origin companies carry perception discount laterblog

Founder Do's

Engage at pre-idea stage — studio builds from conception
Pitch AI for energy, manufacturing, logistics, healthcare verticals
Leverage Jungheinrich, KPMG, Union Investment network
Technical founders without co-founder or GTM — studio scaffolds team
Build demand-side intelligence & energy OS for industrial sites

Founder Don'ts

Not for consumer AI or horizontal software
Avoid if you want passive capital only
Weak fit without willingness to co-build in Berlin

29 signals on Merantix Capital AI Fund

14 bullish · 3 contrarian · 5 pitch do's · 3 don'ts · 4 GP profiles, each with its source. From €9/month, cancel anytime.

See a signal freeView PlansBrowse all Signal Profiles →
Facts

Fund Overview

Fund Size€103M
Saves0
Website
LinkedIn
People

Key People

Rasmus Rothe, Adrian Locher

Rasmus RotheCo-founder
Adrian LocherCo-founder
Nicole BüttnerFounding Partner
Thomas WollmannAdvisor/Thought Leader
Backers

Known LPs

JungheinrichCorporate / Strategic
KPMG GermanyCorporate / Strategic
Robert Wood Johnson FoundationFoundation / Endowment
+2 more LPs in LP Radar
N°04 / See also

Related Funds

Realyze Ventures (Proptech Fund)

Fund size€57.6M
Location
Germany
Stage
Seed
Focus
Saas
Manager
Manfred Heid, Kai Anitzki, Stefan Läufer
Seed
Saas

SIVentures Fund II

Fund size€30M
Location
Germany
Stage
Seed
Focus
Saas, Energy Tech, Digital Infrastructure, Enterprise Software, Ai Ml
Manager
Dirk Frohnert, Bjoern Bauermeister
Seed
Saas
Energy Tech
Digital Infrastructure
Enterprise Software
Ai Ml

FoodLabs Fund III

Fund size€105M
Location
Germany
Stage
Pre Seed
Focus
Agritech, Climate Sustainability, Digital Health, Food Tech
Manager
FoodLabs
Pre Seed
Agritech
Climate Sustainability
Digital Health
Food Tech