Lakestar Fund I | 2024 VC Fund

Lakestar

cb Email

Status

ACTIVE

Global HQ

Zurich, Switzerland

Countries of investment

Germany
Switzerland
United Kingdom
France
Netherlands
Spain
Sweden
Denmark
Italy
United States
Israel
Norway
Finland
Ireland

Investment stages

Seed
Series A
Series B
Series C
Growth

Industries

Fintech
Deep Tech
AI
HealthTech
Mobility
ClimateTech
Consumer
Enterprise Software
SaaS
Cybersecurity
Robotics

About
Lakestar is a Zurich-based venture capital firm focused on backing European and Israeli technology founders. Their focus spans fintech, deep tech, AI, healthtech, and mobility across Germany, Switzerland, United Kingdom, France, Netherlands, Spain, Sweden, Denmark, Italy, United States, Israel, Norway, Finland, and Ireland. The firm supports tech founders from seed through growth stages.

Min check size: $1M
Max check size: $20M
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Investment Thesis

Lakestar is a seed to growth stage venture capital firm deploying capital across fintech, deep tech, AI, healthtech, mobility, climate tech, and consumer sectors. They invest €500K to €50M in European and Israeli tech founders building category-defining global businesses. The firm differentiates itself through founder Klaus Hommels' portfolio backing Facebook, Skype, Airbnb, Spotify, and Revolut, offices across Zurich, Berlin, London, Amsterdam, and NYC, and €2B+ AUM across multiple funds.

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Manager's Experience

Founded in 2012 by Klaus Hommels (Founder and Chairman), one of Europe's most successful angel investors who backed Facebook, Skype, and Xing at seed stage, then transitioned to institutional VC. Managing Partners include Stefan Walter (Managing Partner and General Counsel), Nicolas Brand (Managing Partner focused on deep tech), Manu Gupta (Managing Partner, growth), Christoph Schuh (Growth Partner), and Georg Stockinger (Growth Partner). Investment team includes additional partners across offices in Zurich, Berlin, London, Amsterdam, and NYC. Manages €2B+ AUM across multiple funds including Lakestar I through IV plus dedicated Growth Fund. Portfolio includes Revolut, Facebook (early), Airbnb (early), Spotify (early), Skype (early), Xing (early), Klarna, Blockchain.com, Bolt, Isar Aerospace, Enpal, and other category-defining European tech companies.