Venionaire Capital AG

Venionaire Capital AG is a company.

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Updated: Mar 21, 2026 ·

About

Venionaire Capital AG serves as an entrepreneurial partner specializing in private equity and venture capital investments. The firm manages alternative investment funds, offers corporate finance, M&A advisory, and restructuring services. It also provides market research. Venionaire cultivates the investment ecosystem through initiatives like the European Super Angels Club, fostering connections between innovative founders and strategic capital.

Berthold Baurek-Karlic founded Venionaire Capital in September 2012 in Vienna, Austria. His core insight was the necessity for proactive, hands-on partnership in private capital markets, extending beyond just funding. Baurek-Karlic envisioned a firm delivering deep expertise and active collaboration, positioning Venionaire as an "entrepreneurial partner" fostering growth for emerging ventures.

Venionaire Capital serves investors, entrepreneurs, and corporations seeking specialized financial and investment solutions. Its mission is to drive transformational change through innovation, expertise, and unwavering client commitment. Leveraging its global network, Venionaire aims to generate dynamic synergies, guiding clients toward sustained growth and actively shaping the evolving private capital landscape.

Financial History

Total Raised

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Valuation

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Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Venionaire Capital AG.

Denis Voldman

Private Equity & Venture Capital Analyst

Leadership Team

Key people at Venionaire Capital AG.

Denis Voldman

Private Equity & Venture Capital Analyst

Deep Dive

Venionaire Capital AG is a Vienna‑based venture capital and private equity firm that acts as an “entrepreneurial partner” to investors, founders and institutions, offering fund management, direct investments, M&A and advisory services with a focus on technology and digital innovation across Europe[4][6]. Venionaire runs and advises funds (including a Web3 fund and a co‑investment syndicate), co‑founded the European Super Angels Club and provides research products such as digital‑asset and venture‑sentiment indices[4][3].

High‑Level Overview

Mission: Venionaire positions itself as an *entrepreneurial partner* that goes beyond capital to participate in execution, risk sharing and strategic support for investors, startups and corporates[4].- Investment philosophy: The firm combines direct VC and private‑equity investments with fund management and bespoke advisory (M&A, valuation, debt/restructuring), emphasizing active participation and long‑term partnerships[4][6].- Key sectors: Venionaire focuses on technology and digital innovation, including Web3/crypto (it manages a Web3 fund), enterprise digital transformation and high‑tech startups across Europe[3][4].- Impact on the startup ecosystem: The firm helps scale startups through capital, transactions and connections, and amplifies deal flow and investor access via initiatives it co‑founded (European Super Angels Club) and its pan‑European angel network[3][4].

Origin Story

Founding year and roots: Venionaire was founded in 2012 and is headquartered in Vienna with subsidiaries and project offices across Europe and beyond (Luxembourg, London; project offices in Berlin, Munich, New York, San Francisco and Riyadh)[1][3].- Key partners / team: Leadership listed publicly includes CEO Berthold Baurek‑Karlic and CFO/COO Bernhard A. Fichtenthal, with several associate partners managing investment and advisory activities[5][7].- Evolution of focus: Starting as an investment and advisory specialist, Venionaire expanded into AIFM‑licensed fund management (including EuVECA‑type funds), syndicate funds for angel co‑investments and research products (VIDA indices, European Venture Sentiment Index), while co‑founding ecosystem initiatives such as the Business Angel Institute and the European Super Angels Club[1][3][4].

Core Differentiators

Integrated model: Combines fund management, direct VC/PE investments and corporate/transaction advisory (M&A, valuations, restructuring), allowing end‑to‑end support for growth and exits[4][6].- Network strength: Co‑founder of pan‑European networks (European Super Angels Club) and a large angel syndicate that analyses ~2,000 companies/year and connects ~4,500 investors across Europe[3].- Regulatory/operational edge: Venionaire Investment GmbH is among the first European AIFMs registered with the Austrian Financial Markets Authority for transnational management of EuVECA funds, supporting cross‑border fund operations[1].- Research and product offerings: Publishes indices and investor‑sentiment research (VIDA and European Venture Sentiment Index), which inform investment views and client advisory[4].- Track record & deal volume: Public materials report advisory and transaction activity totaling several hundred million euros historically and, per its press kit, involvement in projects exceeding one billion euros in volume across services and managed portfolios[1][3].

Role in the Broader Tech Landscape

Trend alignment: Venionaire rides the long‑term trends of digital transformation, deep‑tech commercialization and the maturation of crypto/Web3 markets by allocating dedicated fund vehicles and advisory resources to those areas[3][4].- Timing and market forces: Europe’s growing VC and angel ecosystems, regulatory pathways for AIFMs/EuVECA funds and rising corporate engagement with startups create favorable tailwinds for a multi‑service firm that bridges capital, deal execution and corporate innovation[1][3].- Ecosystem influence: By building investor networks and educational institutions (Business Angel Institute) and operating co‑investment vehicles, Venionaire increases liquidity and syndication capacity for European early‑stage companies[3][4].

Quick Take & Future Outlook

What’s next: Expect continued expansion of sector‑specific fund vehicles (notably in Web3 and digital assets), deeper syndication via the European Super Angels Club, and growth in advisory mandates as corporates and public entities pursue digitalization[3][4].- Trends to watch: Regulatory developments for crypto/Web3, consolidation among European VC platforms, and continued institutionalization of angel syndicates will shape Venionaire’s product mix and distribution reach[3][1].- How influence may evolve: If Venionaire sustains fund growth and syndicate deployment, it could strengthen its role as a bridge between institutional capital and pan‑European early‑stage deal flow, further professionalizing angel syndication and cross‑border fund management[3][4].

Quick take: Venionaire is a boutique European VC/PE and advisory group that differentiates through an integrated fund + advisory + network model, with particular emphasis on Web3 and pan‑European angel syndication; its future impact will depend on fund performance and its ability to scale syndication and institutional partnerships[4][3].

Sources: Venionaire corporate pages and press kit, institutional profiles and business directories[4][3][1][7].

Sources