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Venture Capital

Patient. Principled.
Founder-First.

We partner with exceptional founders building transformative companies that shape the future of technology and society.

$520M Assets Under Management
38 Active Investments
12 Successful Exits
3.2x Gross MOIC
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Building lasting partnerships with founders who dare to reimagine industries.

Cendovara was founded on a simple belief: the best investments come from deep conviction and long-term thinking. We are not just capital providers—we are partners who stand alongside founders through every challenge and triumph.

Our name represents our commitment to sustainable growth and enduring partnerships. We invest with patience, act with integrity, and measure success in decades, not quarters.

Our Investment Principles

01

Conviction Over Consensus

We invest in ideas that challenge conventional wisdom. The best opportunities often lie where others see uncertainty.

02

Founder Alignment

We back founders, not just businesses. Our success is intrinsically tied to the success of the people we partner with.

03

Long-Term Horizon

Transformative companies take time to build. We provide patient capital that allows founders to focus on building, not fundraising.

04

Active Partnership

Beyond capital, we offer strategic guidance, operational expertise, and access to our global network of operators and advisors.

Actively Investing

Join Our Investment Program

We run two investment cohorts per year, each designed to provide founders with capital, mentorship, and strategic support to accelerate growth.

Fall Cohort

Q3 - Q4 2026

Applications now open. Ideal for founders preparing for year-end scaling.

  • Application Deadline: September 30
  • Cohort Starts: October
  • Demo Day: December
Now Accepting Applications
Spring Cohort

Q1 - Q2 2027

Applications open January through March. Selected founders receive funding decisions within 4 weeks.

  • Application Opens: January 15, 2027
  • Application Deadline: March 31
  • Cohort Starts: April
Coming Spring 2027

What We Look For

Pre-seed to Series A stage
Strong technical founding team
Innovative approach to large markets
Global ambition
Submit Your Application

Sectors We Invest In

We focus on technology-driven companies across key sectors where we have deep expertise and conviction.

Enterprise Software

Next-generation tools that transform how businesses operate, collaborate, and scale.

AI & Machine Learning

Companies leveraging artificial intelligence to solve complex problems at scale.

Cybersecurity

Protecting digital infrastructure and enabling secure digital transformation.

Fintech

Reimagining financial services for a more accessible and efficient future.

Healthcare & Biotech

Innovations that improve human health and advance medical science.

Climate & Sustainability

Technologies addressing climate change and building a sustainable future.

Our People

A diverse team of investors, operators, and builders united by a shared passion for supporting exceptional founders.

Leadership

Mattias Ljungman

Mattias Ljungman

Founder & Managing Partner

Former Partner at Atomico. 15+ years in venture capital. Focus on European tech founders.

Dr. Isabella Fandrych

Dr. Isabella Fandrych

General Partner

Focus on Neo Industrials and deep tech. PhD in Engineering. Former McKinsey consultant.

Akshat Goenka

Akshat Goenka

Partner

Former investor at Index Ventures. Focus on fintech and enterprise software.

Maximilian Schwarz

Maximilian Schwarz

Partner

Focus on Food Tech and Programmable Biology. Former operator at leading biotech companies.

Our Investments

We are proud to partner with exceptional founders across stages and sectors.

Allganize

Enterprise AI / NLU Series B

Cupix

3D Space Intelligence Series B

Faculty

AI Decision Making Series A

HiBob

HR Platform Series D

Lightdash

BI / Analytics Series A

Filigran

Threat Intelligence Series A

Sweep

ESG Data Platform Series B

Primer

AI for Intelligence Series C

Synthesia

AI Video Generation Series C

Tome

AI Presentations Series B

Weaviate

Vector Database Series B

Weights & Biases

ML Ops Series C

Gangnam Unni

Healthcare / Beauty Series C

G2G Bio

Biotechnology Series B

Nex-i

Immunotherapy Series A

Insilico Medicine

AI Drug Discovery Series D

Recursion

Digital Biology Series D

Owkin

AI Diagnostics Series B

Healcerion

Portable Ultrasound Series C

Lunit

AI Medical Imaging Series C

Seegene

Molecular Diagnostics Series B

Monday Off

Mobile Gaming Series B

Vlast

Virtual K-pop Series A

Ember Sword

Gaming / MMORPG Series A

Hey Dealer

Used Car Platform Series B

Monzo

Digital Banking Series G

Pleo

Expense Management Series C

Clo Virtual Fashion

3D Fashion Tech Series C

Xcena

Beauty Commerce Series B

Rideflux

Autonomous Vehicles Series A

Holiday Robotics

Industrial Robotics Series A

Exotec

Warehouse Robotics Series D

IQM Quantum

Quantum Computing Series A

Isar Aerospace

Space Launch Series C

Commonwealth Fusion

Nuclear Fusion Series B

Graphcore

AI Chips Series E

Northvolt

Battery Tech Series D

Successful Exits

DataWorks

Data Analytics Acquired by Databricks

SecureFlow

Cybersecurity Acquired by CrowdStrike

TalentHub

HR Tech Acquired by Workday

MetricFlow

Business Intelligence Acquired by dbt Labs

HealthBridge

Healthcare IT Acquired by Veeva

BioGenix

Biotechnology Acquired by Illumina

Are you a founder building something transformative?

Get in Touch

Let's Connect

General Inquiries

info@cendovara.com

Investment Opportunities

pitch@cendovara.com

Press & Media

press@cendovara.com

Headquarters

One Boston Place, 38th Floor
Boston, MA 02108
United States

San Francisco

525 University Ave, Suite 300
Palo Alto, CA 94301