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Single Family OfficePuts its own capital into companiesLAST VERIFIED Oct 2026 · 7 SOURCES

EXTOREL

Also known as EXTOREL GmbH, Extorel, Strascheg Family Office

Munich family office of the Strascheg family (since 1997): €1–5m minority stakes in 10–15 DACH B2B companies, PE/VC funds, hedge funds and Munich real estate.

USEFUL FOR Fund managers raising capital · Business owners seeking a long-term partner · Co-investors

Family office of the Strascheg family (Munich). Distinct from Technologieholding (Falk Strascheg's former VC firm, sold to 3i in 2000) and from the Strascheg Center for Entrepreneurship (SCE) at Hochschule München, which the family's foundation funds.

Family & background

FAMILY
Strascheg (Falk and Renate Strascheg)
WEALTH ORIGIN
Laser-Optronic (laser manufacturer, sold to Coherent in 1981) and Technologieholding (venture capital, sold to 3i in 2000)
HEADQUARTERS
Munich, Germany
FOUNDED
1997
OUTSIDE CAPITAL
No — own capital only

Investment approach

SECTORS
Deep TechIndustrial & ManufacturingSoftware & SaaSHealthTechConsumer & E-commerce
GEOGRAPHY
GermanyAustriaSwitzerland
ROUTES
Companies (own capital) · Funds (as LP)
STRATEGIES
Direct investmentsPrivate equityHedge fundsReal estateFunds (as LP)
TICKET
€1M–€5M

Overview

EXTOREL GmbH has been active since 1997 as the asset-management company of the Strascheg family and advises the family on investment decisions across almost all asset classes, with a focus on alternatives. Founding shareholder Falk F. Strascheg built and sold the laser maker Laser-Optronic (to Coherent, 1981) and co-founded Technologieholding in 1987, which was sold to 3i in 2000; EXTOREL then carried on the family's entrepreneurial investing. It holds direct stakes in 10–15 mainly B2B companies in German-speaking countries, typically as a larger minority shareholder with initial tickets of €1–5 million, and also invests in hedge funds, closed-end private-market funds and commercial real estate in greater Munich. The family's foundations fund entrepreneurship institutes such as the Strascheg Center for Entrepreneurship and cultural projects.

Investment thesis

Direct stakes in 10–15 mainly B2B companies in German-speaking countries, usually as a larger minority shareholder in lead or co-investor roles with board seats, initial tickets of €1–5m and follow-on participation; alongside a diversified hedge-fund portfolio, closed-end private-market funds with experienced managers (since 1997) and commercial real estate in greater Munich.

Holdings & investments (23)

  • Albis Optoelectronics
    Deep Tech
  • Extoll
    Deep Tech
  • Fisens
    Deep Tech
  • Mainsky
    Software & SaaS
  • The Machines
    Industrial & Manufacturing
  • Bäckerei Ziegler
    Consumer & E-commerce
  • Bader Gruppe
  • Everphone
    Software & SaaS
  • Ficotec
    Industrial & Manufacturing
  • Limata
    Industrial & Manufacturing
  • Tetra Semiconductors
    Deep Tech
  • Altruja
    Software & SaaS · Trade sale
  • Dynamic Biosensors
    Biotech & Life Sciences · Trade sale
  • LET (LET Ulm)
    Trade sale
  • Pulsar Photonics
    Deep Tech · Trade sale
  • Testbirds
    Software & SaaS · Trade sale
  • Torqeedo
    Mobility & Logistics · Trade sale
  • alphapet
    Consumer & E-commerce · Secondary sale
  • fos4X
    Climate & Energy · Trade sale
  • movingimage
    Software & SaaS · Secondary sale
  • Scopis
    HealthTech · Trade sale
  • Top Sport
    Consumer & E-commerce · Trade sale
  • Wir Winzer
    Consumer & E-commerce · Trade sale

People

  • Dr. Daniel Bohlmann
    Investment Director (liquid and illiquid assets) · source
  • Sebastian Steuer
    Investment Director (illiquid portfolio) · source
  • Caroline Häckl-Meyer
    Portfolio Controller (Portfoliocontrollerin) · source
  • Prof. Dr. h.c. Falk Strascheg
    Founding shareholder (Gesellschafter) · source
  • Renate Strascheg
    Shareholder (Gesellschafterin) · source
  • Mathias Lindermeir
    Managing Director (Geschäftsführer) since 2004 · source
  • Anja Cavallar
    Chief Financial Officer · source

Frequently asked questions

EXTOREL is a single family office based in Munich, Germany, founded in 1997.

EXTOREL invests on behalf of the Strascheg (Falk and Renate Strascheg) family (Laser-Optronic (laser manufacturer, sold to Coherent in 1981) and Technologieholding (venture capital, sold to 3i in 2000)).

EXTOREL invests its own capital into companies and in third-party funds as an LP. Its stated asset mix includes direct investments, private equity, hedge funds, real estate and funds (as lp).

EXTOREL invests in Deep Tech, Industrial & Manufacturing, Software & SaaS, HealthTech and Consumer & E-commerce.

EXTOREL's stated ticket size is €1M–€5M.

Key people at EXTOREL include Prof. Dr. h.c. Falk Strascheg (Founding shareholder (Gesellschafter)), Renate Strascheg (Shareholder (Gesellschafterin)), Mathias Lindermeir (Managing Director (Geschäftsführer) since 2004) and Dr. Daniel Bohlmann (Investment Director (liquid and illiquid assets)).

EXTOREL's holdings and investments include Albis Optoelectronics, Extoll, Fisens, Mainsky, The Machines, Bäckerei Ziegler, Bader Gruppe and Everphone, among others.

No. EXTOREL invests its own capital and does not raise money from outside investors.