CDTM Venture Capital
Also known as CDTM.vc, CDTM Venture Fund, Center Ventures GmbH
Munich alumni fund (Center Ventures GmbH): €8.2m from 316 CDTM alumni for ~60 pre-seed/seed startups with a CDTM founder; ~€100k tickets, 75% of carry donated to CDTM.
Alumni-backed fund of the Center for Digital Technology & Management (CDTM), the joint TUM/LMU institute in Munich; not the CDTM institute itself, which is an educational programme.
- HEADQUARTERS
- München, Germany
- FOUNDED
- 2024
- AUM
- —
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 5 people
Focus
- STAGES
- Pre-SeedSeed
- SECTORS
- —
- ASSET MIX
- Venture capital
- GEOGRAPHY
- Germany
Overview
CDTM Venture Capital is a venture fund backed exclusively by alumni of the Center for Digital Technology & Management (CDTM), the entrepreneurship programme run jointly by TUM and LMU in Munich. At its first closing in February 2025, 316 alumni committed €8.2 million, to be invested over about four years in roughly 60 early-stage startups that have at least one CDTM alumnus on the founding team. The fund is run by Franz Waltenberger with an alumni investment committee; three quarters of the carried interest is donated to the CDTM support association. A legal structure lets alumni invest from €2,000, and the fund says it has turned down money from institutional VC firms.
Investment thesis
Invests only in founding teams with at least one former CDTM student, at pre-seed and seed, either as initial financing or as a co-investment with VCs and business angels; average ticket about €100k.
PORTFOLIO (2)
- AurioAcquired
- The Interaction Company of CaliforniaAcquired
People
- Franz WaltenbergerManaging Director; represents Center Ventures GmbH (Impressum, as Franz Xaver Waltenberger) · source
- Dr. Sophie Ahrens-GruberInvestment Committee (Principal at Acton Capital) · source
- Christian DegerInvestment Committee (founder and CEO of Payworks) · source
- Leon SzeliInvestment Committee (founder and CEO of Presize) · source
- Dr. Andreas FranzCDTM Alumni Association (Förderverein) representative · source
Links
Frequently asked questions
CDTM Venture Capital is a VC fund based in München, Germany, founded in 2024.
Yes. CDTM Venture Capital invests its own capital in private companies.
CDTM Venture Capital invests at Pre-Seed and Seed stages.
Key people at CDTM Venture Capital include Franz Waltenberger (Managing Director; represents Center Ventures GmbH (Impressum, as Franz Xaver Waltenberger)), Dr. Sophie Ahrens-Gruber (Investment Committee (Principal at Acton Capital)), Christian Deger (Investment Committee (founder and CEO of Payworks)) and Leon Szeli (Investment Committee (founder and CEO of Presize)).
CDTM Venture Capital's investments include Aurio and The Interaction Company of California.
Yes. CDTM Venture Capital manages capital from outside investors.