Asgard

What is Asgard?

Asgard is a BaFin registered Venture Capital (VC) firm that was established in 2014 and transitioned in 2023 to operate as the DeepTech investment vehicle of the 'Westerheide' family office.

With its roots in European artificial intelligence investments, Asgard focuses on backing companies that leverage AI technologies in a variety of innovative ways. Their investment approach is stage agnostic, meaning they are open to investing in companies at any stage of development, whether it's early, growth, or later stages.

The primary focus is on applied DeepTech companies, which indicates a preference for enterprises that apply advanced technological innovations to practical problems across different industry sectors. Over the years, Asgard has supported several companies, including Merantix AG, Soundbrenner, and AVA, and has seen successful exits from i2x, Parlamind, Micropsi Industries, Accelerated Dynamics, and Delivery Hero.

These exits demonstrate Asgard's strength in identifying and nurturing startups with the potential for significant impact and growth. Asgard also contributes to the AI ecosystem by facilitating the Rise of AI conference and curating a Global AI Landscape platform.

This involvement showcases their commitment to fostering dialogue and collaboration within the AI industry. As a family-held investment entity, the Westerheide family brings a long-term outlook and personal commitment to their portfolio companies, combining family capital with in-depth AI and DeepTech expertise.