Leipzig’s Smart Infrastructure Ventures (SIVentures) has announced the launch of its second fund, SIVentures II, with a target of €30 million in capital, backed by strong momentum from its first fund and a growing appetite for innovation in AI, infrastructure, and energy tech.
The fund is already off to a fast start: over 75% of the target capital has been secured just months after the successful closing of its first fund in 2024. With plans to double the volume of its initial fund, SIVentures II signals a major step forward in the firm’s commitment to early-stage innovation.
A Strategic Push into Early-Stage Deep Tech
Building on a clear thesis, SIVentures II focuses on B2B startups in the pre-seed and seed stages, primarily across the DACH region. The firm is targeting around 30 companies, each receiving initial investments of up to €500,000, with due diligence already underway for several more.
In just a few months, the fund has already placed four investments into emerging teams working in AI, software development, and enterprise software. Its focus extends beyond capital; SIVentures positions itself as an active investor, offering operational guidance and long-term support.
A Track Record of Smart Bets and Strong Exits
The firm’s credibility is underpinned by a proven track record. Two standout exits from its first fund have caught investor attention, including the acquisition of digital health startup mementor by US-based ResMed. According to Dirk Frohnert, Managing Director of SIVentures:
"This significant exit after a short period of time has naturally had a positive impact on our fundraising for SIVentures II."
Other notable portfolio companies include cybersecurity startup Enginsight and customs tech venture Traide AI, both of which have helped SIVentures-backed companies generate over 300 new jobs in Germany to date.
Backed by Experience, Powered by Ecosystem Partnerships
SIVentures II draws funding from corporates, banks, family offices, entrepreneurs, and funds of funds across Germany. The founding team, comprised of Björn Bauermeister, a former trader at BNP Paribas, and Dirk Frohnert, a former JPMorgan fund manager, brings over 20 years of combined investment experience.
In addition, the firm has close ties with SpinLab, one of Germany’s leading accelerator platforms, which expands its access to high-quality deal flow and trusted partners in the tech ecosystem.
As Björn Bauermeister puts it:
“We don’t just write cheques, we act as sparring partners who genuinely understand the founder journey.”
