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Novaco Invest
Angelique Renkhoff-Mücke runs Novaco Invest, the WAREMA Group family office backing building-tech and sun-shading champions from Marktheidenfeld, Germany.
Novaco Invest
Novaco Invest is an investment firm based in Marktheidenfeld, Germany. It focuses on companies that develop smart technologies, utilize innovative materials, and create trendsetting designs. Novaco Invest has made two investments, including a Seed investment in Home One on June 28, 2022.
General information
Firm type
Generalist
Year founded
—
AUM
Undisclosed
Location
Region
Europe
Country
Germany
City
Marktheidenfeld
Corporate office
Dillberg 14, 97828 Marktheidenfeld, Germany
Principals
Angelique Renkhoff-Mücke
Founder
Michael Schneider
Managing Director
Sector focus
Frequently asked questions
Who runs investment decisions at Novaco Invest?
Angelique Renkhoff-Mücke, CEO of parent WAREMA Group and a member of the Renkhoff family, sets the strategic direction. Day-to-day investment management falls to Managing Director Michael Schneider, who leads a small team from the firm’s Marktheidenfeld headquarters.
Is Novaco Invest a single-family office or a corporate venture arm?
It operates as the dedicated investment entity of the Renkhoff family’s WAREMA Group. Unlike a conventional corporate venture-capital unit that scans for strategic options, Novaco Invest takes controlling stakes in industrial manufacturers and minority positions in proptech startups, blending a family-office balance-sheet model with an industrial holding company’s buy-and-build discipline.
Does Novaco Invest participate in fund commitments or only direct deals?
All disclosed activity points to direct equity investments — wholly owned subsidiaries and minority stakes — rather than limited-partner commitments. The firm has co-invested alongside strategic partners such as Energie Steiermark in the homee GmbH joint venture, but there is no public record of blind-pool fund commitments.
Which sectors does Novaco Invest explicitly avoid?
The firm’s mandate is tightly scoped to the WAREMA Group’s “Sun & Living Spaces” division: sun shading, building automation, smart home, and climate-adaptive residential construction. Sectors outside the built environment — such as software, life sciences, or financial services — fall beyond its public remit and are not represented in the portfolio.
How is Novaco Invest related to the Hans-Wilhelm Renkhoff Foundation?
Both entities are anchored to the Renkhoff family legacy. The Hans-Wilhelm Renkhoff Foundation and the Josef Wagner Foundation operate as separate philanthropic vehicles alongside Novaco Invest, with no indication that foundation assets are commingled with the investment company’s commercial portfolio.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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