Twin Peaks

Twin Peaks

Twin Peaks was founded in Hamburg in 2020 by Franziska von Hoesslin and Nikolaus Stümpel. The firm emerged during the pandemic-era venture reset, positioning itself as a European pre-seed and seed investor. Its Hamburg base is deliberate — the city hosts a dense but historically under-ventured cluster of engineers, logistics operators, and B2B founders who often lacked dedicated local institutional backing before Twin Peaks arrived. The firm primarily targets pre-seed and seed rounds, with cheque sizes estimated in the €500K–€2M range at entry. Its portfolio concentrates on enterprise software, AI/ML applications, and fintech infrastructure, with a growing allocation to climate technology. The geographic footprint centers on the DACH region, with additional exposure in the Nordics and Benelux. Known investments include the workforce intelligence platform Kado and the carbon-accounting startup Cozero, both indicative of the firm's preference for technical founding teams addressing large corporate procurement or regulatory workflows. Team size is undisclosed. Twin Peaks operates a concentrated, partnership-driven decision-making structure typical of emerging managers in Europe. As of early 2025, the firm was actively deploying from its second fund, a vehicle sized in the low-to-mid eight figures (public record), which is larger than its debut 2020 vintage and reflects expanded LP support from European family offices and public development institutions. The firm does not operate a fellowship program or publicly disclosed scout network. Twin Peaks' structural distinction lies in its Hamburg rootedness. Unlike Berlin-centric early-stage funds that parachute into northern deal flow, the firm embeds itself in the local technical community — drawing proprietary pipeline from the Hamburg University of Technology, the local logistics-tech ecosystem, and the city's underbanked B2B SaaS density. This regional moat is rare in German venture, where capital concentration in Berlin and Munich has historically starved northern founders of dedicated pre-seed partners.