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Private Equity FundPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 12 SOURCES

Sophora Unternehmerkapital

Also known as Sophora Unternehmerkapital GmbH, Sophora, Sophora Capital Unternehmer-Fonds I

Owner-managed DACH small-cap private equity firm (Berlin and Munich, founded 2022) investing its EUR 50m Sophora Capital Unternehmer-Fonds I in thematic buy-and-build platforms.

HEADQUARTERS
Berlin, Germany
FOUNDED
2022
AUM
—
OUTSIDE CAPITAL
Yes
TEAM LISTED
10 people

Focus

STAGES
GrowthBuyout
ASSET MIX
Private equity
GEOGRAPHY
GermanyAustriaSwitzerland

Overview

Sophora Unternehmerkapital is an independent, owner-managed investment company founded in 2022 that takes majority or significant minority stakes in Mittelstand companies in Germany, Austria and Switzerland. It invests thematically around the energy transition and resource availability, 'B-E-S-T' technologies (such as cybersecurity, AI, advanced materials, agritech and robotics) and buy-and-build platforms. Its first fund, Sophora Capital Unternehmer-Fonds I, closed at its EUR 50m hard cap in July 2024 with more than 100 entrepreneurs, managers and corporate-finance professionals as investors; co-investments are offered for larger deals. The firm describes itself as a registered Kapitalverwaltungsgesellschaft under the KAGB.

Investment thesis

Majority or significant minority stakes in established DACH Mittelstand companies with EUR 5–50m revenue and positive operating cash flow, in succession, buy-and-build, carve-out and MBO/MBI situations, focused on energy transition and resource availability, breakthrough technologies and buy-and-build platforms; preferred partner for female entrepreneurs.

PORTFOLIO (5)

  • smaXtecNOTABLE
    Food & Agriculture · since 2023
  • SQUER
    Software & SaaS · since 2026
  • Argos Security (Data-Sec and indevis)
    Software & SaaS · since 2025
  • FLOW-TRONIC
    Industrial & Manufacturing · since 2024
  • auxalia WESTCAM Group
    Software & SaaS · since 2023

People

  • Benjamin Hubner
    Managing Partner; Managing Director (Geschäftsführer) · source
  • Jennifer Regehr
    Managing Partner; Managing Director (Geschäftsführerin) · source
  • Neil MacDougall
    Chairman · source
  • Guntram Kieferle
    Investment Partner · source
  • Dr. Michael Matros
    Partner Value Creation & Sustainability · source
  • Joop Heijenrath
    Partner Value Creation & Sustainability · source
  • Larissa Skarke
    Investment Director · source
  • Niklas Ortlieb
    Investment Manager · source
  • Jonathan Mrohs
    Investment Analyst · source
  • Helena Widler
    Investment Analyst · source

Links

Frequently asked questions

Sophora Unternehmerkapital is a private equity fund based in Berlin, Germany, founded in 2022.

Yes. Sophora Unternehmerkapital invests its own capital in private companies.

Sophora Unternehmerkapital invests at Growth and Buyout stages in Software & SaaS, Industrial & Manufacturing, Climate & Energy and Food & Agriculture.

Key people at Sophora Unternehmerkapital include Benjamin Hubner (Managing Partner; Managing Director (Geschäftsführer)), Jennifer Regehr (Managing Partner; Managing Director (Geschäftsführerin)), Neil MacDougall (Chairman) and Guntram Kieferle (Investment Partner).

Sophora Unternehmerkapital's investments include smaXtec, SQUER, Argos Security (Data-Sec and indevis), FLOW-TRONIC and auxalia WESTCAM Group.

The most recent publicly reported investment by Sophora Unternehmerkapital is SQUER Solutions (Platform investment (signing; founders keep significant stakes)), announced in Jul 2026.

Sophora Unternehmerkapital states that it accepts submissions through its official contact page.

Yes. Sophora Unternehmerkapital manages capital from outside investors.