Tengelmann Ventures Management GmbH

About The Fund

Tengelmann Ventures Management GmbH, now operating under the name Cusp Capital, is a venture capital firm located at Grugaplatz 2-4, Essen, DE-45131, Germany. Their investment focus lies in technology companies that stand on the brink of redefining industries, particularly within the European Continental regions. With a specialty in equity investments, they seek out early-stage ventures, mainly in the Seed and Series A rounds, and can provide initial investments of up to 10 million euros. Cusp Capital partners with digital and software enterprises across various industries and business models to fuel significant growth. Their core investment theses revolve around the belief that industry-specific software will revolutionize small and medium-sized enterprises, digitization coupled with sustainability will alter mindsets and markets, and digital products targeted at lower-income consumers will gain prevalence. Furthermore, Cusp Capital is positive that European innovations will significantly influence the future digital infrastructure. As part of their value-add, Cusp Capital provides their portfolio companies with customized advice ranging from finance, HR and marketing to ESG, leveraging their in-house experts to foster the companies' development. The firm's interests span several industries, including Software, IT, Media, Entertainment, Food & Beverage, and Healthcare. They have a pronounced commitment to ESG principles and strive to create long-term relationships with the enterprises they invest in. Based in Essen and with an additional office in Berlin, Cusp Capital is strategically positioned at the intersections of vibrant entrepreneurial hubs, enabling close interactions with the dynamic tech ecosystems in Germany.