Dn Capital

DN Capital is a European multi-stage venture capital firm headquartered in London, United Kingdom (with additional offices in Berlin, Germany and California, USA), founded in 2000 by Managing Partner Nenad Marovac and partners, investing in seed-, early-, later-, and growth-stage European and cross-border technology companies across consumer internet, marketplaces, fintech, SaaS and enterprise software, digital media, and adjacent early-to-growth-stage technology themes. The firm has raised multiple institutional funds: DN Capital Fund I through Fund V (including DN Capital V at approximately EUR 350 million in 2022), with aggregate AUM in the EUR low-to-mid hundreds of millions. DN Capital typically writes initial check sizes in the EUR 1 to 15 million range depending on stage, and is known for its pan-European reach and selectively cross-border to North America. Notable portfolio companies include Shazam (acquired by Apple for USD 400 million), Auto1 Group (IPO on Frankfurt Stock Exchange), Endeca (acquired by Oracle), Mister Spex (IPO'd on Frankfurt), Purplebricks, HomeToGo, Olio, and numerous other European technology companies, with multiple large exits and IPOs.