/

Investors / Germany / AQAL Capital

AQAL Capital

Venture capital · Munich, Germany · Europe

aqalgroup.com

AQAL Capital is an investment firm based in Munich that practices what it calls Integral Investing, a framework for identifying, screening, de-risking and investing in exponential technologies. It also runs events and a podcast on investment turnaround and engages with startups.

Invests inAI & Machine LearningHealthcare & Biotech

In its own wordsexponential technologiesimpact investingsustainabilityintegral investingstartups

Your fit with AQAL Capital

Four questions about your startup

See how your round matches what it backs, point by point.

Or find every investor that fits
26portfolio companies
0funding rounds on record

AQAL Capital lists 26 checked portfolio companies on its own site. Its largest themes are AI & Machine Learning (25%), Healthcare & Biotech (23%) and Industrial & Manufacturing (13%). 71% of its companies are based in Germany. It invests most often alongside Onsight Ventures, Creative Destruction Lab and Bayern Kapital.

No funding round on record names AQAL Capital yet, so the figures come from its portfolio page.

Round figures show recent activity, not AQAL Capital's whole history. Rounds on record name 0 companies; its own site lists 26. Funding rounds are complete from mid-2025, so counts and the yearly trend undercount a firm that invested before then. The portfolio, themes and places come from its own site and are not affected.

Investment themes

share of its checked companies

This firmAll checked companies

Show as a table
Investment themes
This firmAll checked companies
AI & Machine Learning25%18%
Healthcare & Biotech23%15%
Industrial & Manufacturing13%7%
Robotics & Hardware10%1%
Cybersecurity8%4%
Enterprise Software5%8%
Education5%7%
Human Resources3%1%

Invests most often with

firms sharing its portfolio companies
Show as a table
Co-investors
Share
Onsight Ventures8
Creative Destruction Lab4
Bayern Kapital3
First Momentum3
Quantonation3
Cherry Ventures2
Deeptech & Climate Fonds2
Grazia Equity2

All co-investors

Investor profile

percentile among all firms
Portfolio size: 26 companiesRecent activity: 0 rounds in 12 monthsEarly stage: 0% of entries at pre-seed or seedEvidence: 0% of companies confirmed by a roundSector focus: 25% in its largest sectorReach: 4 countriesPortfolio size62th pctRecent activity46th pctEarly stage54th pctEvidence52th pctSector focus36th pctReach70th pct
This firmMedian of all firms
Show as a table
AQAL Capital compared with all firms
MeasurePercentile of all firmsValue
Portfolio size62th26 companies
Recent activity46th0 rounds in 12 months
Early stage54th0% of entries at pre-seed or seed
Evidence52th0% of companies confirmed by a round
Sector focus36th25% in its largest sector
Reach70th4 countries

Its portfolio companies

where they are based, and what their own sites show

Site status

  • Site answers2596%
  • No longer answers00%
  • Points to another company14%
  • Parked or sold domain00%

A site that stops answering three checks in a row is counted as no longer answering; that is not proof of closure. A site that points to another company is often an acquisition.

Co-investor network

who it backs companies with, and who they back together
14 shared companies9 shared companies5 shared companies5 shared companies4 shared companies4 shared companies3 shared companies3 shared companies3 shared companies3 shared companies3 shared companies3 shared companies2 shared companies2 shared companies2 shared companies2 shared companies2 shared companies2 shared companies2 shared companies2 shared companies2 shared companiesOnsight Ventures: 8 shared companiesOnsight Ventures8Creative Destruction Lab: 4 shared companiesCreative Destruction …4Bayern Kapital: 3 shared companiesBayern Kapital3First Momentum: 3 shared companiesFirst Momentum3Quantonation: 3 shared companiesQuantonation3Cherry Ventures: 2 shared companiesCherry Ventures2Deeptech & Climate Fonds: 2 shared companiesDeeptech & Climate Fo…2Grazia Equity: 2 shared companiesGrazia Equity2High-Tech Gründerfonds: 2 shared companiesHigh-Tech Gründerfonds2Luminate: 2 shared companiesLuminate2QAI Ventures: 2 shared companiesQAI Ventures2UVC Partners: 2 shared companiesUVC Partners2
Shared portfolio companies with AQAL CapitalFirms that also back companies together

All co-investors or Compare portfolios with Onsight Ventures

Compare AQAL Capital head to head

portfolio size, rounds, entry stages, themes and the companies both back

Three or more firms at once: portfolio overlap.

Portfolio

26 companies checked against their own sites
CompanyWhat it doesThemesFirst round with itEvidence
Black Semiconductorblacksemi.comBlack Semiconductor develops and manufactures integrated graphene photonics technology for high-speed chip connections
Robotics & HardwareAI & Machine Learning
Portfolio page
CrowdSmart Labscrowdsmart.aiCrowdSmart Labs provides a trust layer for human and AI reasoning, synthesizing predictions with confidence scores, ranked reasoning, and a full audit trail.
AI & Machine LearningEnterprise Software
Portfolio page
cureVision GmbHcurevision.de · GermanyThe company provides a digital wound management solution using AI-supported wound analysis and documentation
Healthcare & Biotech
Portfolio page
DNTOX GmbHdntox.de · GermanyDNTOX specializes in providing cutting-edge, animal test-free, in vitro 2D and 3D test systems, and toxicological testing services to assess chemical effects on the human nervous system
Healthcare & Biotech
Portfolio page
Elona Health GmbHelona.health · GermanyElona Health develops digital health applications for mental health and psychotherapy support
Healthcare & Biotech
Portfolio page
Entelios AGentelios.de
Portfolio page
Ewigbyteewigbyte.com · GermanyEwigbyte develops a technology for permanent data storage using glass and laser pulses.
Healthcare & BiotechCybersecurity
Portfolio page
Kipu Quantumkipu-quantum.com · GermanyKipu Quantum provides a platform for researchers, enterprises, and universities to harness quantum-centric AI computing power
AI & Machine LearningCybersecurity
Portfolio page
NDC Data Centers GmbHndc-datacenters.com · Germany
Real Estate & ConstructionIndustrial & Manufacturing
Portfolio page
Penumbra, Inc.penumbrainc.com · United StatesPenumbra, Inc. is a global healthcare company that innovates novel technologies to help people.
Healthcare & Biotech
Portfolio page
pixelphotonics.compixelphotonics.com · GermanyThe company develops and provides single photon detection solutions using Superconducting Nanowire Single Photon Detectors (SNSPD) and Photonic Integrated Circuits (PIC).
Industrial & ManufacturingRobotics & Hardware
Portfolio page
Proxima Fusionproximafusion.com · GermanyProxima Fusion is building stellarator fusion power plants and the industrial platform required to deliver them.
EducationIndustrial & Manufacturing
Portfolio page
Q.ANTqant.com · GermanyQ.ANT develops and produces photonic computing products for efficient AI and HPC in data centers
AI & Machine LearningHuman Resources
Portfolio page
QuantumDiamondsquantumdiamonds.de · GermanyQuantumDiamonds localizes semiconductor defects including depth with high accuracy, non-destructively
Industrial & Manufacturing
Portfolio page
Rooflineroofline.ai · GermanyThe company provides a full SOC deployment toolkit and other solutions for product vendors and hardware and IP vendors to enable edge AI products
AI & Machine LearningEnterprise Software
Portfolio page
Rotomaterotomate.ai · FinlandRotomate combines existing condition monitoring with process and maintenance data to find developing faults in rotating equipment and recommends actions
Industrial & Manufacturing
Portfolio page
Semron GmbHsemron.com · GermanySemron develops 3D flash technology for computing and memory applications
AI & Machine LearningSpace & Defense
Portfolio page
Specialty'sspecialtys.com · United StatesThe company provides catering services and delivers meals to offices and other businesses.
Food & Agriculture
Portfolio page
SURGITENT GmbHsurgitent.com · GermanySURGITENT GmbH addresses the challenges of today's surgical care with its product and production technology
Healthcare & Biotech
Portfolio page
Syntharasynthara.ai · SwitzerlandSynthara enables seamless integration of in-memory computing to embedded chips, delivering a boost to speed and energy-efficiency
AI & Machine LearningRobotics & Hardware
Portfolio page

About this data

site last read 5 Nov 2026
The homepage of AQAL Capital, as last read
aqalgroup.com as VCinfo last read it
Site
aqalgroup.com
Last read
5 Nov 2026
Watching since
6 Nov 2026
Companies checked
26

Rates come from what VCinfo has observed since observation_start. Firms tend to remove companies that closed, so early rates understate reality. A company leaving a portfolio page does not mean it closed or exited. An unreachable site means our checks failed, nothing more.

How we grade the data

Free account · no card

Get AQAL Capital's profile as data

Pull AQAL Capital's portfolio, co-investors and changes through one API key or MCP, open every portfolio row, compare it with other firms, and get an email when it adds a company or files a fund.

Work email, sign-in link by email. Already have an account? Log in
  • Ask AI5 plain-English investor searches a day
  • Full listsEvery portfolio row and two-firm overlap
  • API and MCP100 REST or MCP calls a month, one key
  • AlertsFollow 5 investors for portfolio and fund changes
VCinfo API
$ curl -H "X-API-Key: YOUR_KEY" \
  https://api.vcinfo.io/v1/firms/aqalgroup.com

# also
GET /v1/firms/aqalgroup.com/portfolio
GET /v1/firms/aqalgroup.com/coinvestors
GET /v1/firms/aqalgroup.com/news
The same data as an MCP server for Claude, Cursor and other AI tools. Set up MCP · Docs · Pricing