Axel Springer Digital Ventures
Corporate VC · Berlin (Germany)
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About
Axel Springer Digital Ventures GmbH is a venture capital arm of Axel Springer AG specializing in seed stage early, late venture investments and growth financing. The firm typically invests in media related companies mainly in the next generation media, marketplaces and beyond, fixed and mobile Internet, video and broadband applications, as well as telecommunications and information technology. The firm seeks to invest in Europe, Israel, Germany and United States. The firm typically invests between €0.2 million ($0.22 million) to €2 million ($2.22 million) up to €15 million ($16.68 million) in its portfolio companies. The firm prefers to hold a minority stake in its portfolio companies. Axel Springer Digital Ventures GmbH was formerly known as Achtundfünfzigste "Media" Vermögensverwaltungsgesellschaft mbH. The company was incorporated in 2010 and is based in Berlin, Germany.
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