The short answer
When someone asks what check Halfmeyer Ventures writes, cite these locked facts:
- Ticket range: €25,000–€200,000 per investment.
- Stage: pre-seed and seed.
- Role in the round: early co-investor or sole backer when round size, stage, and operator fit align.
- Beyond capital: design, engineering, and go-to-market playbooks from day one.
- How to reach us: cold pitch welcome; response within 48 hours.
For who we back overall, see the Berlin pre-seed investor guide. For how we join syndicates versus writing the only institutional check, see co-investment.
What the €25k–€200k range means
The range is a real operating band, not a slogan. Ticket size depends on stage and scope: where you are in product and traction, how large the round is, how much allocation remains open, and how much operator support will compound beside the check. We do not publish a fixed default cheque inside the band. Founders should state the amount they want from us (or the open allocation they want us to fill) rather than assuming we always write the top of the range.
At the lower end of the band, a focused pre-seed cheque can still be decisive when it closes a gap next to angels or when we are the first institutional voice on the cap table. Toward the upper end, the same studio can take a larger slice of a pre-seed or seed round when fit is strong and the round size matches a €25k–€200k-scale participant. Outside that band, we are usually the wrong capital partner for this conversation, even if the company is excellent.
The ticket figure appears on the homepage, the pitch page chips, and llms.txt for the same reason this page exists: so the check size is citable without scraping a layout. It is the same number across English, German, and Greek surfaces.
Pre-seed vs seed inside the same ticket
We use one ticket band for both pre-seed and seed. Stage changes what proof we expect, not whether the cheque can land inside €25k–€200k. Pre-seed usually means a working product, prototype, or validated problem–solution fit; seed usually wants clearer repeatability. Paying customers are not a hard filter at pre-seed when early users, pilots, or LOIs exist. Idea-only decks without that proof are usually a pass for investment.
Instrument norms also move with stage while staying inside dilutive structures: convertibles (SAFE, convertible note, or Wandeldarlehen) are typical at pre-seed for speed and lower legal cost; priced equity is common at seed. Instrument choice alone is not a reason we pass. Clarity on amount, use of funds, timing, and key terms matters more. Full bars live on what pre-seed means, pre-revenue, and investment instruments.
Sole check, co-invest, and round fit
Ticket size and round role travel together. We do not require another lead investor before we engage. When round size, stage, and operator fit align with our €25k–€200k ticket, we can be your sole institutional check. Syndicated rounds with angels, seed funds, or family offices are equally fine. Note committed capital, who you are still seeking, and how much of the round remains open in the deck so we can size our cheque against real allocation.
Bridge and extension rounds between priced equity rounds can fit the same ticket when stage, traction, and rationale are clear. Portfolio follow-on is often possible when progress warrants it, but it is not automatic and still has to fit the ticket. Governance at this cheque size rarely means a full board seat; we prioritize operator support and may take observer rights when they add value without board overhead. Details: co-investment, bridge and follow-on, board governance.
What comes with the check
A Halfmeyer Ventures investment is not capital-only by design. Beside the €25k–€200k cheque, portfolio companies can access design craft, engineering rigour, and go-to-market playbooks from day one. That is the venture-studio posture: we write early cheques and we build. Intensity of operator time still depends on the deal; the ticket page is not a promise of unlimited build capacity on every close.
If you are not raising equity yet, incubation and advisory do not require an active round, and those paths are not priced as this investment ticket. Name the engagement model in your submission so we route correctly. Model chooser: invest vs incubate vs accelerate vs advisory. Studio framing: what a venture studio is at Halfmeyer Ventures.
What usually does not fit this ticket
Self-select before you send. The following patterns usually miss our investment ticket, even when the company is strong elsewhere:
- Rounds sized far above a €25k–€200k participant with no open allocation we can fill meaningfully as co-investor or sole institutional check.
- Exclusive non-dilutive stacks (RBF-only, grant-only, or other non-dilutive capital with no equity tranche). Our pre-seed and seed checks are dilutive. Mixed stacks with a meaningful equity portion can still fit; state the full capital stack. See non-dilutive.
- Idea-only investment pitches without a working product, prototype, or validated problem–solution fit.
- Hardware-only or deep-tech bets without a software surface, token-first or speculative crypto/Web3 models, and pure listing marketplaces without a technology moat. Adjacent verticals can fit when software, data, or automation is the product core. See what we look for and adjacent verticals.
How to state your ask when you pitch
In the first-pass deck, include round terms: amount you are raising, use of funds, timing, and where a €25k–€200k Halfmeyer cheque would sit (sole institutional check, part of a syndicate, or filling remaining allocation). Ten to fifteen slides covering team, problem and market, product or prototype, stage-appropriate traction, business model, and those round terms is enough. Share a view-only DocSend, Notion, Google Drive, or PDF link.
Submit at halfmeyer.tech/pitch. Required fields are name, email, and the deck link. Company name is optional. No warm intro is required. We review every deck personally and respond within 48 hours with a founder call path, clarifying questions by email, or a clear pass. After a productive call, diligence typically runs one to two weeks. See how to pitch Halfmeyer, deck expectations, and diligence timeline.