Robin Capital closes second €15 million early-stage fund

By Nathan Brooks

EU-Startups reported that Robin Capital closed a second €15 million fund, taking total commitments across two early-stage vehicles to €30 million. The Berlin-based firm’s Robin Capital Fund II follows its first €15 million vehicle, which closed in 2024. Fund II has already made 17 investments, including SkySpy.ai, Marble Imaging and Helicity Space, across intelligence, defence, Earth observation and space technology.

What does the new fund change for founders?

Robin Capital typically invests €100,000 to €600,000 in European startups at the pre-Seed and Seed stages. EU-Startups reports that Haak’s firm follows founder and market size rather than strict sector boundaries. For founders, the practical change is a sharper technology emphasis, not a larger standard cheque.

The first fund backed Simsalasim, Uvionix, Paypercut and Xaver. Fund II places greater weight on applications of AI, autonomous systems and space infrastructure. That emphasis builds on the first fund’s European technology portfolio without abandoning the firm’s typical ticket size.

How does the solo structure work?

Under a Solo General Partner model, Haak leads Robin Capital’s investment decisions. He draws on a network of venture partners, limited partners and more than 100 experienced operators.

Haak said to EU-Startups:

“They call it a Solo GP, but nothing about building Robin Capital has ever been solo. Our limited partners, founders, and venture partners are what make this possible. We believe the best venture capital partnerships are built on trust, conviction, and a genuine willingness to help one another succeed.”

Robin Capital’s investor base includes entrepreneurs, unicorn founders, technology executives, family offices and investors with venture capital and private equity experience. Its limited partner community also includes entrepreneurs and families associated with Ferrari, Moratti, Adyen and FTMO, alongside investors connected to Permira, Macquarie and FJ Labs.

Where the fund sits in Europe’s 2026 funding wave

Robin Capital’s close joins several European early-stage fund announcements in 2026. EU-Startups listed the following vehicles:

• Munich-based Vanagon Ventures: a €20 million fund targeting pre-Seed AI and DeepTech startups.
• Berlin-based Angel Invest: €40 million.
• Berlin-based Auxxo: €33.3 million.
• Barcelona-based Masia: €18 million.
• Monaco-based Monte Carlo Capital: a €13 million first close for its second DeepTech and SpaceTech fund.
• Belgium’s Solo GP-led NewSchool VC: €10 million.
• Nuremberg-based ZOHO.VC: a €7 million first close.

The reported European fund capital totals €141.3 million before Robin Capital’s raise and €156.3 million after it. Robin Capital therefore joins a funding wave extending beyond the €20 million to €40 million range that several peers announced. That puts its second vehicle among the larger early-stage closes listed, despite its owner’s one-partner structure.

How growth vehicles widen the mandate

Robin Capital has established three dedicated growth Special Purpose Vehicles to support ARX Robotics, Almetra and Ground A. The vehicles give the firm’s investor community access to additional financing opportunities.

Those investments sit outside Robin Capital’s usual pre-Seed and Seed strategy. The SPVs allow selected portfolio companies to receive follow-on backing while the firm considers how its growth exposure should evolve.

The operator behind the fund

Haak founded Robin Capital in 2023. In 2013, he co-founded Jobspotting, which subsequently became part of SmartRecruiters. He served as SmartRecruiters’ Global COO and Managing Director, and the company was later acquired by SAP.

Earlier in his career, Haak worked in mergers and acquisitions at Axel Springer. He also co-founded Axel Springer Plug & Play and made the first institutional investment in German fintech N26. Haak subsequently served as a General Partner at European growth investment firm Revaia.

EU-Startups reports that Haak has invested in more than 60 companies over the past decade. Seven became unicorns, including N26, Algolia, Aircall and Coralogix.

What comes next

Robin Capital plans to establish a third €15 million early-stage fund. The firm aims to manage three such vehicles and back approximately 80 to 90 startups in total. It is also considering a dedicated growth continuity fund as part of its medium-term strategy, allowing continued support for selected portfolio companies as they scale.

Haak said:

“We want to build a home for exceptional founders, and stay with them long enough to help build exceptional companies.”

The next milestone is whether Robin Capital can raise its third €15 million vehicle and add a continuity fund to two seed-focused funds. For founders, the practical watchpoint is whether those additional vehicles turn a seed investment into a longer-term financing relationship.