Alstin Capital
Fund of the venture network of Maschmeyer Group
Also known as ALSTIN Capital GmbH, ALSTIN II GmbH, ALSTIN II Fonds GmbH & Co. KG, Alstin III Fonds GmbH & Co. KG
Munich early-stage VC in Carsten Maschmeyer's network; invests €2–8m at late seed/Series A in European B2B software. Manager ALSTIN Capital GmbH is a § 44 KAGB registered AIFM.
Late-seed/Series A fund of Carsten Maschmeyer's venture network (Maschmeyer Group), alongside seed + speed and MGV.
- HEADQUARTERS
- Munich, Germany
- FOUNDED
- —
- AUM
- —
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 13 people
Focus
- STAGES
- SeedSeries A
- ASSET MIX
- Venture capital
- GEOGRAPHY
- Europe
Overview
Alstin Capital is a Munich-based early-stage venture capital fund focused on B2B software, investing in fast-growing late-seed and Series A companies across Europe in fintech, insurtech, regtech, cyber security, climate tech and other sectors. Carsten Maschmeyer is its Managing Partner and the managing director of ALSTIN II GmbH, and the Maschmeyer Group presents Alstin as one of its funds. Its current fund, Alstin III Fonds GmbH & Co. KG, is a closed-ended special AIF for professional and semi-professional investors (minimum €200,000), managed by ALSTIN Capital GmbH as an external AIFM registered with BaFin under §§ 44(1), 2(4) KAGB.
Investment thesis
Invests in rapidly growing European B2B software companies that are accelerating or transforming industries, at late seed and Series A, with €2–8m initial investments; offers 'All-in' support in sales, PR and marketing, scaling and network from start to exit.
PORTFOLIO (37)
- CirculaNOTABLEFintech · since 2022
- PliantNOTABLEFintech · since 2021
- KlarnaNOTABLEFintech · since 2021 · Exited
- UsercentricsNOTABLESoftware & SaaS · since 2020
- Artificial Intelligence · since 2026
- Artificial Intelligence · since 2026
- Software & SaaS · since 2026
- Artificial Intelligence · since 2026
- Artificial Intelligence · since 2026
- Software & SaaS · since 2026
- Artificial Intelligence · since 2025
- Artificial Intelligence · since 2025
- Fintech · since 2026
- Climate & Energy · since 2025
- Software & SaaS · since 2023
- Climate & Energy · since 2024
- Fintech · since 2024
- Artificial Intelligence · since 2024
- Software & SaaS · since 2022
- Software & SaaS · since 2022
- Consumer & E-commerce · since 2023
- Software & SaaS · since 2020
- Fintech · since 2020
- Artificial Intelligence · since 2018
- Software & SaaS · since 2016
- Media & Entertainment · since 2014
- Mobility & Logistics · since 2012 · Exited
- Software & SaaS · since 2013
- Consumer & E-commerce · since 2021 · Exited
- Real Estate & PropTech · since 2020 · Exited
- FliitSoftware & SaaS · since 2019 · Exited
- Software & SaaS · since 2017 · Exited
- Consumer & E-commerce · since 2016 · Exited
- Education · since 2015 · Exited
- HealthTech · since 2014 · Exited
- Software & SaaS · since 2012 · Exited
- Fintech · since 2012 · Exited
People
- Carsten MaschmeyerManaging Partner · source
- Dr. Andreas SchenkPartner · source
- Alexander Meyer-ScharenbergPartner · source
- Benjamin KleinschnitzPrincipal · source
- Nicolai BastianSenior Investment Manager · source
- Laura KeilhoferInvestment Manager · source
- Florian MangelsdorfFinance Manager · source
- Selin DaldalInvestment Manager · source
- Margret DupslaffInvestment Manager · source
- Lara BernhardtOffice Manager · source
- Paul BonackerAnalyst · source
- Thomas LeyrerAnalyst · source
- Mert KayhanTech Lead · source
Links
Frequently asked questions
Alstin Capital is a VC fund based in Munich, Germany.
Yes. Alstin Capital invests its own capital in private companies.
Alstin Capital invests at Seed and Series A stages in Software & SaaS, Fintech, Artificial Intelligence and Climate & Energy.
Alstin Capital's stated ticket size is €2M–€8M.
Key people at Alstin Capital include Carsten Maschmeyer (Managing Partner), Dr. Andreas Schenk (Partner), Alexander Meyer-Scharenberg (Partner) and Benjamin Kleinschnitz (Principal).
Alstin Capital's investments include Circula, Pliant, Klarna, Usercentrics, Deepslate, Pandektes, Timefold and NeuralTrust, among others.
The most recent publicly reported investment by Alstin Capital is Deepslate (Seed (EUR 7.7m, led by 42CAP; participation)), announced in Oct 2026.
Alstin Capital states that it accepts submissions through its official contact page.
Yes. Alstin Capital manages capital from outside investors.