Team Europe Ventures, the investment arm of German incubator Team Europe, is being rebranded as Point Nine Capital (PNC). Additionally, serial entrepreneur and angel investor Christoph Janz is joining its leadership team.
To date, the fund, which focuses on early-stage companies in the Internet and mobile space, has invested in over 10 startups, including inFakt, Lieferheld, Madvertise, MisterSpex, myGengo and SponsorPay.
The newly named Point Nine Capital will be led by Pawel Chudzinski and Janz as Managing Directors, while Team Europeʼs Partners Lukasz Gadowski (founder of Spreadshirt, co-founder of StudiVZ) and Kolja Hebenstreit (early employee at Spreadshirt, seed investor in StudiVZ) will continue their involvement in PNC’s activities as Venture Partners.
As well as being an angel investor, including working with Team Europe Ventures on a number of investments, Janz has co-founded several startups, such as comparison shopping engine DealPilot.com (funded by Bertelsmann, acquired by Shopping.com) and personalized startpage Pageflakes (funded by Balderton Capital, acquired by LiveUniverse). His investments include Zendesk, FreeAgent Central, Clio, and Propertybase.