TEV Ventures is a venture capital and private equity firm investing in early-stage consumer internet, digital services, software, and emerging technology companies that is headquartered in Essen, Germany and was founded in 2009 by Karl-Erivan Haub and Raif Rogosch. TEV Ventures was spun off of Tengelmann Ventures which is a subsidiary of Tengelmann Group.
According to the firms website (as of November (2019), TEV Ventures has made 60 investments, invested more than EUR 400 million, and had 8 exits IPOs. The firm has the ability to make initial investments between 3 to 8 million EUR, and make up to 50 million EUR in follow-on investments over a companies lifecycle. Notable investments made by TEV Ventures include: Travelcircus, Coffee Circle, Intranav, eKomi, Westwing, Uber, Career Foundry, Sum Up, Wish, Wellnow, Linio, Stylight, Carmudi, Ottonova, Scalable.Capital, Otto Gourmet, Masterplan.com, 42 Reports, Compeon, Deliver Hero, Zalando, Adrenaline Hunter, Cabify, Data Artisans, Daraz, and Zanui.