N & V Capital

N & V Capital

N & V Capital operates from Vaduz as a family-owned venture capital firm, co-founded by Reto Näscher and Yves Vögele. Näscher’s earlier role as CEO of the digital financial services group Prosperity Company — sold to Portuguese insurer Fidelidade — established the operational and strategic DNA the firm now applies to portfolio founders. The team’s expertise spans M&A, corporate development, and regulatory law, with Simone Übele-Näscher and Fabian Marxer handling deal execution and financial operations respectively. The firm writes first checks from pre-seed through Series A, concentrating on European companies where technology or scientific progress creates defensible positions. Its website confirms active positions in the environmental and healthcare sectors, with additional mandates covering industrial automation, artificial intelligence, and fintech infrastructure. Portfolio exposure includes Odne AG (formerly Lumendo), a dental-device startup where Übele-Näscher holds a board seat; Virtonomy, which raised €3.5 million for digital patient twins; the mental-health platform Likeminded, whose seed round reached €7.4 million; and LeaseTeq, an auto-leasing fintech. The firm’s network co-invests alongside other European early-stage vehicles, though it does not disclose fund structures. Detailed headcount or total deployment figures are not public. The core investment team combines Näscher’s direct-investing experience with Vögele’s venture-law background and a roster of operating partners drawn from Liechtenstein and Swiss fiduciary circles. The firm maintains ties to the local startup ecosystem through Näscher’s investment committee role at Seed X Liechtenstein and his lectureship at the University of Liechtenstein. While no adjacent vehicle is disclosed, the group’s professionals hold parallel board and advisory responsibilities at affiliated entities including Liechtenstein Life and Axalo Buchhaltung AG. The family-office structure allows N & V Capital to forgo external fund cycles and concentrate capital, operational guidance, and network introductions on a selective European portfolio. This architecture — patient family capital paired with hands-on operating experience — distinguishes it from fee-driven venture managers and places succession-grade governance inside a boutique investment firm.