# Combination Ventures

> Combination Ventures is a VC fund in Hamburg backing Software, E-Commerce and B2B. See 4 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Hamburg, Germany
- Total investments: 4
- Last investment: Sep 2024
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/combination-vc/about/
- Website: https://www.combination.vc/

Combination Ventures is an early stage venture capital firm that supports the most ambitious product-focused founders with an angel like approach.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 2 | 50% |
| E-Commerce | 2 | 50% |
| B2B | 1 | 25% |
| SaaS | 1 | 25% |
| Logistics | 1 | 25% |

8 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 50% |
| Pre-Seed | 2 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Hoola | AI powered conversion, retention and assistance for your eCommerce | $878K | Pre-Seed | Sep 17, 2024 |  |
| Freda | At Freda, We enjoy pizza. But not just any pizza; true pizza craftsmanship is evident in every aspect, from the dough to the topping. |  | Seed | Sep 17, 2024 |  |
| Konvo AI | Conversational AI Agents for eCommerce to convert, assist, and reactivate customers | $889.8K | Pre-Seed | Sep 17, 2024 |  |
| ZeKju | ZeKju provides Messenger Communication for Supply Chains. Leading shippers and logistics service providers rely on ZeKju for efficient transport execution, yard communication and fleet management. With ZeKju, drivers use their favorite messenger (e.g. WhatsApp or Telegram) for everyday tasks while benefiting from features such as auto-translation. |  | Seed | Aug 22, 2024 |  |

4 of 4 investments shown.

## Co-investors
- [Abac Nest](https://shizune.co/investors/profile/abac-nest) — VC Fund, 2 deals together
- [JME Ventures](https://shizune.co/investors/profile/fundacin-jos-manuel-entrecanales) — VC Fund, 2 deals together
- [Itnig](https://shizune.co/investors/profile/itnig) — VC Fund, 2 deals together
- [20Growth](https://shizune.co/investors/profile/20growth) — VC Fund, 1 deal together
- [20SALES](https://shizune.co/investors/profile/20sales) — VC Fund, 1 deal together
- [FoodLabs](https://shizune.co/investors/profile/atlantic-food-lab) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Combination Ventures invest in?

Combination Ventures invests primarily in Software, E-Commerce and B2B startups, most often at Seed and Pre-Seed stage. Most of the 4 investments tracked by Shizune back companies in Germany. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Combination Ventures last invest?

The most recent investment recorded for Combination Ventures closed in Sep 2024. Shizune tracks 4 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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