TEV Ventures, a spin-off from Tengelmann Ventures, focuses on early-stage investments in consumer internet, digital services, and emerging tech companies primarily in Germany and Europe. The firm has a history of investing significant capital, with past investments exceeding €400 million in companies that have become market leaders. TEV Ventures typically engages in Series A, Series B, and Series D funding rounds.
Notable portfolio companies include Delivery Hero, Kin Community, and Whistle Sports. The firm is led by experienced partners who previously managed Tengelmann Ventures’ Vintages I and II. TEV Ventures emphasizes building early relationships with their portfolio companies and offers value-add services such as strategic guidance and leveraging their extensive network. Their investment philosophy centers on industry-specific software, digitization, sustainability (ESG), and innovations tailored to lower-income consumers.
TEV Ventures - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
TEV, a Tengelmann Ventures spin-off, invests in early-stage consumer-internet, digital services, and emerging tech companies primarily in Germany and Europe.
Series A 40%Series D 40%Series B 20%
Concentration shown as share of disclosed investments by stage.
