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

EnjoyVenture

Also known as EnjoyVenture Management GmbH, EnjoyVenture GmbH, Enjoy Venture, Invest-Impuls Scale, Invest-Impuls

Düsseldorf/Mülheim seed VC since 2000 (KAGB-registered EnjoyVenture Management GmbH), ~€160m in third-generation regional and thematic seed funds; 150+ startups, 30 trade sales.

German seed VC run from Düsseldorf/Mülheim an der Ruhr; unrelated to the US retail start-up Enjoy.

HEADQUARTERS: Düsseldorf, Germany
FOUNDED: 2000
AUM: €160M (2026)
OUTSIDE CAPITAL: Yes
TEAM LISTED: 11 people

Focus

STAGES: SeedSeries AGrowth
SECTORS: Software & SaaS Deep Tech HealthTech Climate & Energy Education
ASSET MIX: Venture capitalImpact
GEOGRAPHY: Germany

Overview

EnjoyVenture Management GmbH is a German venture capital manager active since 2000, registered in Düsseldorf with its main office in Mülheim an der Ruhr. It provides seed and growth financing to technology companies with scalable business models and has invested in more than 150 companies, many of them spin-offs from universities, research institutes and corporates. It manages about €160m in a third generation of regionally and thematically focused seed funds, whose investors include entrepreneurs, family offices, savings banks, Landesbanken and public investors. Funds it manages include the Hannover Invest-Impuls funds and the Invest-Impuls Scale growth fund (launched 2022 with NBank, GETEC, Hannoversche Volksbank and Sparkasse Hannover).

Investment thesis

Seed and growth financing for technology companies with scalable business models, often university, research or corporate spin-offs; regional and thematic seed funds; Invest-Impuls Scale targets German VC-backed start-ups (focus Lower Saxony/Hanover) with proof of concept, proof of market and first substantial sales.

PORTFOLIO (101)

GroverNOTABLE
Consumer & E-commerce
NewStoreNOTABLE
Software & SaaS
Unchained RoboticsNOTABLE
Deep Tech
YotoNOTABLE
Consumer & E-commerce
EnOceanNOTABLE
Exited
First SensorNOTABLE
Exited
HornetsecurityNOTABLE
Exited
Tutao (Tutanota)NOTABLE
Exited
123fahrschule
Education
Aluvation
Industrial & Manufacturing
aquapurna
Food & Agriculture
Betriebsmittelhelden
Software & SaaS
Bots and People
Software & SaaS
Brandschutz Zentrale
circuly
Software & SaaS
coapp
Software & SaaS
Cruisewatch
Software & SaaS
dermanostic
HealthTech
easi-control
Software & SaaS
eaze
Fintech
ekko
Software & SaaS
g-metrics
HealthTech
gridscale
Software & SaaS
hypnetic
Lomavis
Software & SaaS
Kynda
Food & Agriculture · since 2025
MARCLEY
Mediatest Digital
Software & SaaS
Mirantus
Neolase
HealthTech
nuuEnergy
Climate & Energy · since 2026
ochy
HealthTech
playsports
qnips
Software & SaaS
saiz
Software & SaaS
SigmaHeat
Climate & Energy
simuform
Software & SaaS
StudyHelp
Education
Tandem
Education
Timeleft
Consumer & E-commerce
Tixel
Deep Tech
Tomorrow University
Education
Tridicam
Deep Tech
Uphill
HealthTech
Uptain
Software & SaaS
valuedesk
Software & SaaS
videantis
Deep Tech
Welect
Media & Entertainment
Wingfield
Software & SaaS
8select
Exited
Amatech
Exited
Amedo
Exited
aptive
Exited
Brinkhaus GmbH
Exited
cando
Exited
careloop
Exited
Cutting Edge Coatings
Exited
Coadvertise
Exited
Connox
Exited
curassist
Exited
Data Assessment Solutions
Exited
Delta Engine
Exited
Fidlock
Exited
Grillson
Exited
iotis
Exited
Isiltech
Exited
KBH
Exited
KlinikumPlus
Exited
Marvis
Exited
Mimon
Exited
MobileBits
Exited
moomax
Exited
NaWoTec
Exited
nemos
Exited
Nevigo
Exited
penseo
Exited
Permundo
Exited
Praemandatum
Exited
Protectimmun
Exited
Qabel
Exited
quofox
Exited
readfy
Exited
RF mondial
Exited
Rodos Biotargeting
Exited
Rowiak
Exited
shipcloud
Exited
SLS
Exited
smapOne
Exited
StriveCDN
Exited
stashcat
Exited
streamtime
Exited
studdex
Exited
TimberTower
Exited
trendiamo
Exited
vantronix
Exited
Viafly
Exited
Virtual Shape
Exited
VoiceObjects
Exited
Wavescape
Exited
Zahnarzt-Helden
Exited
ZK Systems
Exited

People

Wolfgang Lubert
Partner; managing director (Impressum; Geschäftsführer per VC Magazin 2023) · source
Dr. Bert Brinkhaus
Partner (per VC Magazin 2023); managing director (Impressum) · source
Dr. Peter Wolff
Partner (per VC Magazin 2023); managing director (Impressum) · source
Gerrit Gnisa
Investment Manager · source
Birgit Lubert
Team member · source
Stefan Bölte
Team member · source
Holger Himmen
Team member · source
Tomas Brühne
Venture Partner (listed under the Venture Partner heading) · source
Markus von Blomberg
Venture Partner (listed under the Venture Partner heading) · source
Günter Korder
Venture Partner (listed under the Venture Partner heading) · source
Prof. Dr. Rüdiger Kabst
Venture Partner (listed under the Venture Partner heading) · source

Frequently asked questions

EnjoyVenture is a VC fund based in Düsseldorf, Germany, founded in 2000.

Yes. EnjoyVenture invests its own capital in private companies.

EnjoyVenture invests at Seed, Series A and Growth stages in Software & SaaS, Deep Tech, HealthTech, Climate & Energy and Education.

Key people at EnjoyVenture include Wolfgang Lubert (Partner; managing director (Impressum; Geschäftsführer per VC Magazin 2023)), Dr. Bert Brinkhaus (Partner (per VC Magazin 2023); managing director (Impressum)), Dr. Peter Wolff (Partner (per VC Magazin 2023); managing director (Impressum)) and Gerrit Gnisa (Investment Manager).

EnjoyVenture's investments include Grover, NewStore, Unchained Robotics, Yoto, EnOcean, First Sensor, Hornetsecurity and Tutao (Tutanota), among others.

The most recent publicly reported investment by EnjoyVenture is NuuEnergy (EUR 4.3m seed round (participant; led by Amberra)), announced in Feb 2026.

EnjoyVenture states that it accepts submissions through its official contact page.

Yes. EnjoyVenture manages capital from outside investors.