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PANDO Ventures

PANDO. Ventures is an early-stage start-up investor and mentorship program. They invest in a handful of precisely selected founders a year.
PANDO Ventures
Leadership team

Maximilian Gollner (Managing Partner)

Michael Noven (Partner)

Florens Knorr (Partner)

Enrico Jakob (Partner)

Arne Wüllner (Venture Partner)

Lionel Schmidt Voss (Venture Partner)

Number of Employees
0 - 50
Headquarters
Rhine-Main area . Wiesbaden, Hessen, Germany
Established
2014
Social Media
Summary

PANDO Ventures is a prominent venture capital firm based in Germany, known for its steadfast commitment to nurturing innovation and fostering the growth of early-stage startups. Founded in 2014 in Wiesbaden, Hessen, Germany, by a team of visionary entrepreneurs and investors, including Arne Wüllner, Christopher Reimann, Enrico Jakob, Florens Knorr, Maximilian Gollner, and Michael Noven, PANDO Ventures has rapidly emerged as a key player in the German startup ecosystem. With a focus on digital and rapidly scalable business models, PANDO Ventures has developed a diverse portfolio of innovative companies, spanning sectors such as Fintech, Educationtech, SaaS, platforms, mobile apps, e-commerce, and Food & Beverage.

What sets PANDO Ventures apart is its holistic approach to supporting startups, offering not only financial backing but also full-time coaching, mentorship, and access to an extensive network of experts and investors. The firm actively seeks out and invests in early-stage ventures and seed-stage startups, providing them with the resources, guidance, and strategic insights needed to thrive in today's competitive business landscape. PANDO Ventures' mission is to catalyze innovation, drive entrepreneurship, and propel promising startups toward success, making it a vital force in shaping the future of the German entrepreneurial ecosystem.

History

PANDO Ventures is a renowned accelerator firm based in Germany with a specific focus on nurturing digital and rapidly scalable business models. Founded in 2014 in Wiesbaden, Hessen, Germany, this dynamic venture was established by a team of visionary entrepreneurs and investors, including Arne Wüllner, Christopher Reimann, Enrico Jakob, Florens Knorr, Maximilian Gollner, and Michael Noven. Since its inception, PANDO Ventures has been dedicated to identifying and supporting early-stage ventures and startups, particularly those in their seed stage.

The firm has developed a robust and diverse portfolio of innovative companies that demonstrate its commitment to fostering entrepreneurship and disruptive technologies. Some of the notable portfolio companies under the PANDO Ventures umbrella include Pickar, Momunity, Sdui, Radenbrock, wesualize, and acáo.

PANDO Ventures' strategic approach to investments reflects its vision for the future of startups and early-stage ventures in Germany. With a focus on sectors such as Fintech, Educationtech, SaaS (Software as a Service), platforms, mobile apps, e-commerce, and Food & Beverage, PANDO Ventures supports a wide range of industries that have the potential to reshape the business landscape and drive innovation.

As of February 2020, PANDO Ventures had already made six strategic investments, showcasing its dedication to fostering entrepreneurship and providing the necessary resources for startups to thrive. Notably, one of its most recent investments was in Pickar, further illustrating its commitment to backing promising ventures in the rapidly evolving startup ecosystem.

PANDO Ventures' journey is marked by its continuous pursuit of innovative opportunities and its proactive role in shaping the future of entrepreneurship in Germany. With a team of experienced founders and investors at its helm, PANDO Ventures is well-positioned to continue its mission of supporting and accelerating the growth of early-stage startups with transformative potential.

Investment criteria

Pando Ventures follows a set of investment criteria to identify and select promising startups for their investment and mentorship programs. These criteria help Pando Ventures ensure that the startups they support align with their strategic focus and have the potential for long-term growth and success. Here are the key investment criteria used by Pando Ventures:

  • Digital Business Models: Pando Ventures primarily invests in startups with digital business models. This includes software, mobile apps, platforms, and marketplaces. They are particularly interested in companies that leverage technology to create innovative solutions and disrupt traditional industries.
  • Early-Stage Focus: Pando Ventures targets startups in the early stages of development. This includes pre-seed and seed-stage companies. They look for startups that have already achieved initial market traction, have a working prototype, and exhibit a clear business model.
  • Scalability: The startups Pando Ventures invests in should have the potential for scalability. This means that their business models should be capable of rapid growth and expansion, often driven by global mega-trends, growing markets, or network effects.
  • Cultural Value: Pando Ventures seeks startups that not only offer innovative solutions but also solve real customer problems. Additionally, they value companies that cultivate a sustainable and exponential-oriented company culture. This cultural alignment is crucial for long-term success.
  • Potential for Partnership: Pando Ventures looks for startups that have the potential to form partnerships and collaborations within their network. They leverage their contacts in the German SME sector and their network of passionate entrepreneurs to create opportunities for their portfolio companies.
  • Legal Expertise: Understanding the legal aspects of business is essential. Pando Ventures can provide expertise in navigating legal matters and setting up deals, ensuring that startups have a solid foundation for their growth.
  • Strategic Alignment: There should be a strong strategic alignment between Pando Ventures and the startup. Pando Ventures aims to be a strategic sparring partner and seeks to provide long-term support. The startup's vision and goals should align with Pando Ventures' expertise and resources.
  • Cultural Fit: The founders and teams of the startups should have a cultural fit with Pando Ventures. Collaboration and a shared vision are essential for a successful partnership.

By adhering to these investment criteria, Pando Ventures aims to identify and support startups that have the potential to disrupt industries, achieve significant growth, and create value for both the startups themselves and Pando Ventures' network of investors and experts.

Values

While specific information about Pando Ventures' values is not provided in the provided text, it's common for venture capital firms and organizations in the startup ecosystem to have a set of core values that guide their actions and decisions. Below are some common values that venture capital firms like Pando Ventures might embrace:

  • Innovation: Pando Ventures may value innovation as a driving force behind their investments. They may seek out startups that bring fresh and disruptive ideas to the market and promote an innovative mindset within their own organization.
  • Entrepreneurship: A strong commitment to entrepreneurship is often a core value for venture capital firms. Pando Ventures may support and empower entrepreneurs in their journey, recognizing the importance of their vision and leadership.
  • Integrity: Maintaining high ethical standards and integrity is crucial in the world of venture capital. Pando Ventures may prioritize honesty, transparency, and ethical behaviour in all their interactions and business dealings.
  • Collaboration: Collaboration with founders, co-investors, and partners can be a key value for venture capital firms. Pando Ventures may emphasize the importance of working together to achieve common goals and create value.
  • Long-term Growth: Many venture capital firms focus on long-term growth and sustainable success. Pando Ventures may invest in startups with a view to supporting their growth over the years, rather than seeking quick returns.
  • Diversity and Inclusion: Promoting diversity and inclusion within both their portfolio companies and their own organization may be a core value for Pando Ventures. They may recognize the importance of diverse perspectives and backgrounds in driving innovation and success.
  • Knowledge Sharing: Venture capital firms often value knowledge sharing and learning. Pando Ventures may encourage the exchange of insights and expertise among their team members, portfolio companies, and the broader startup community.
  • Adaptability: The startup ecosystem is dynamic, and adaptability can be a crucial value. Pando Ventures may embrace change and encourage its portfolio companies to pivot and adapt to evolving market conditions.
  • Strategic Vision: Having a clear and strategic vision for their investments is essential. Pando Ventures may prioritize startups that align with their vision for the future and have a clear path to success.
  • Community Engagement: Engagement with the startup and entrepreneurial community may be a value held by Pando Ventures. They may actively participate in events, mentorship programs, and initiatives that support the growth of the startup ecosystem.

It's important to note that specific values can vary from one venture capital firm to another, and Pando Ventures may have its own unique set of values that align with its mission and approach to investing in startups. These values play a significant role in shaping the firm's culture and decision-making processes.

Mission

Pando Ventures' mission is to catalyze innovation and growth in the startup ecosystem by identifying, nurturing, and investing in exceptional founders and early-stage digital business models. With a commitment to fostering a culture of innovation and entrepreneurship, Pando Ventures seeks to empower startups with the resources, mentorship, and strategic support needed to disrupt industries and achieve sustainable, long-term success. 

Through a focus on scalable, culturally valuable startups, Pando Ventures aspires to not only generate financial returns but also contribute to the evolution of dynamic, forward-thinking businesses that positively impact industries and communities.

Portfolio

Pando Ventures' portfolio is a diverse and dynamic collection of startups that showcase the firm's commitment to nurturing innovation and fostering the growth of early-stage businesses. Each startup in the portfolio represents a unique solution to real-world problems, driven by visionary founders and supported by Pando Ventures' investment and mentorship programs. Here are some key highlights from Pando Ventures' portfolio:

  • F&B Think Tank (Florens, Michael & Christopher): This startup began its journey in 2013 with a mission to revolutionize supermarket shelves by offering more functional and healthier products. Over time, they have evolved into an F&B (Food and Beverage) think tank, continuously innovating and shaping the future of the industry.
  • Sdui (Jan-Micha, Timo & Daniel): Sdui is transforming the way communication happens in schools. With the support of Pando Ventures, this startup has secured initial clients and attracted investments from top-tier investors, demonstrating its potential to revolutionize educational communication.
  • Momunity (Charlotte & Julia): Momunity connects modern moms through a social community platform, providing support and empowerment through various life stages. This startup highlights Pando Ventures' commitment to businesses that address real-world needs and challenges.
  • Radenbrock (Marius & Dominik): Radenbrock is disrupting capital markets through the power of big data. Together with Pando Ventures, they've initiated an investment fund based on machine learning, showcasing a forward-thinking approach to financial innovation.
  • Kursfreunde (Svenja & Wiebke): Known as the "Airbnb for courses," Kursfreunde is changing the way courses are offered and booked online. Pando Ventures supports their mission to reshape the educational landscape through innovative technology.
  • Trace App (Lukas & Markus): Trace App provides innovative digital solutions for modern tax management. Pando Ventures recognizes the potential of startups that leverage technology to simplify complex processes and create value.
  • teesis (Marc & Nikolai): teesis helps students write their scientific papers with user-friendly software, exemplifying Pando Ventures' commitment to educational technology and solutions that enhance learning experiences.
  • acáo (Florens, Michael & Christopher - Second Mention): This startup, founded by the same team behind the F&B think tank, reflects the team's dedication to filling supermarket shelves with functional and healthy products.

Pando Ventures actively supports each of these startups by providing not only financial backing but also full-time coaching, mentorship, and access to an extensive network of experts and investors. The portfolio showcases a range of industries, from education and parenting to finance and food, reflecting Pando Ventures' mission to catalyze innovation across diverse sectors. By nurturing these startups, Pando Ventures contributes to the growth of a vibrant and dynamic entrepreneurial ecosystem.

References
PANDO Ventures
Leadership team

Maximilian Gollner (Managing Partner)

Michael Noven (Partner)

Florens Knorr (Partner)

Enrico Jakob (Partner)

Arne Wüllner (Venture Partner)

Lionel Schmidt Voss (Venture Partner)

Number of Employees
0 - 50
Headquarters
Rhine-Main area . Wiesbaden, Hessen, Germany
Established
2014
Social Media