Signals Venture Capital

Signals Venture Capital is a Berlin-based early-stage venture capital firm founded in 2017 that invests in Europe-based founders building global B2B enterprise software and technology companies. The firm operates alongside Signals Innovation Hub — an affiliated Berlin corporate-innovation platform — which gives the fund unusually dense access to enterprise customers and institutional co-investors beyond what a standalone fund would generate. The team of nine people includes three partners. Signals leads rounds and partners with founders at seed, post-seed, and Series A, with typical check sizes of EUR 1 million to EUR 5 million. The investment thesis is focused: B2B software-centric business models with a clear preference for German and broader European founding teams. The portfolio spans 36 companies, concentrated in enterprise applications and high tech, with geographic concentration in Germany (13 investments) and the UK (3 investments). Notable portfolio companies include CoachHub (digital coaching unicorn), Bird (the Dutch cross-channel messaging platform formerly known as MessageBird), Mercanis (B2B procurement), fraud0 (anti-fraud), Kodex AI (which raised a EUR 1.6 million seed round led by Signals alongside Deutsche Bank and Techstars in October 2023), and Secondnature (business productivity software, the most recent investment as of October 2025). Signals positions itself as a true partner at the earliest institutionalizable stage, providing portfolio companies with introductions to enterprise buyers through the Innovation Hub alongside follow-on support and co-investor introductions as companies scale toward Series B and beyond.