Fintech VC firm embedded/capital announces new €100M+ fund to back next generation of fintech founders

Berlin-based embedded/capital, a new fintech venture capital firm, announced on Tuesday their first fund to help the next generation of fintech founders with a total value of more than €100M.

Founding Partner Michael Hock says, “We are proud to have raised money from top-tier institutional investors next to very successful entrepreneurs and founders. This is the right time to launch a fund of such size just dedicated to the fintech ecosystem in Europe. Our domain expertise will enable us to support new ventures over their entire life cycle plus bring in established relationships with all key stakeholders in the overall financial industry.”

Aim of the new Fund

The newly launched fund looks to bring a differentiated, vertical-focused approach to support the growing number of startups “embedding” financial services as core parts of their business models. It will particularly invest at pre-Seed and Seed stages with initial investments of up to €4M.

Besides deep domain and operational expertise, embedded/capital has a network of European financial service providers, leading institutional players, unicorn founders, and premier global investors to support its ventures.

Founding Partner Ramin Niroumand says, “We continue doing what we love most: Helping founders in the most critical stages to succeed. The Berlin fintech ecosystem has made incredible progress over the last few years, and it’s exciting that the new generation of fintechs can build on the platforms created. For us, embedded/capital is the logical next step to coach this generation of founders.”

The fund has already invested in six companies, including pliant, Nelly and bezahl.de, totalling almost €10M initial investments before the first closing of the fund.

Early stage fund with a sector focus on fintech

Founded in early 2022 by Ramin Niroumand and Michael Hock, embedded/capital brings a diverse group of investment and operational experts from across the fintech world, with an aim to be the leading early-stage venture capital fund for fintech in Europe.

It is backed by its limited partners, including senior financial services industry leaders and global tech entrepreneurs and investors.

The partners of the company, also founders of Finleap, claim to have been the early pioneers in establishing the European fintech ecosystem, building a portfolio of category-leading fintechs and the necessary infrastructure for future generations of fintech entrepreneurs.