# Novaco Invest

Novaco Invest is an Asset Manager based in Marktheidenfeld, Germany.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Marktheidenfeld, Germany
- **Region:** Europe
- **Address:** Dillberg 14, 97828 Marktheidenfeld, Germany
- **Assets under management:** Undisclosed
- **Website:** novaco-invest.com
- **LinkedIn:** https://www.linkedin.com/company/novaco-invest

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Real Estate
- PropTech
- Industrial Tech
- ClimateTech

## People

- Angelique Renkhoff-Mücke — Founder
- Michael Schneider — Managing Director

## 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.

### 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.

## Related profiles

- [Novacies Capital](https://altss.com/profile/novacies-capital)
- [Novae Terrae Capital](https://altss.com/profile/novae-terrae-capital)

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Last updated: 2026-06-03T20:00:00.000Z

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