Yabeo
Yabeo is a generalist German venture capital firm in Pullach, near Munich, that invests across fintech, health, deep tech, and impact. Water is a small slice of its book: as of 2026, the Leviathan database tracks a single water company, consumer filter maker TAPP Water, backed across two early rounds.
Compiled by Antoine Walter, (don't) Waste Water, from official filings and direct intelligence in Leviathan.
The take
Yabeo, styled yabeo Capital, was founded around 2011 by Matthias Sohler, a former bank operations chief who served as COO of HypoVereinsbank and ran Xchanging across Europe before putting two decades of finance behind young companies. The firm he built in Pullach, just south of Munich, is a generalist early-stage investor rather than a water house, with funds spanning fintech, health tech, insurtech, deep tech, and a dedicated impact strategy.
Yabeo reaches water through that impact mandate, not a standalone water thesis. The firm is a signatory to the UN-backed principles for responsible investing, and its impact fund backs founders building environmental and social businesses across sectors. In water specifically the footprint is thin: the Leviathan database records a single water company, the Barcelona consumer-filter brand TAPP Water, a 2019 Series A that Yabeo co-invested alongside the Swedish water-tech firm Bluewater.
Yabeo, for an impact-curious newcomer scanning the sector, reads as a generalist that visited water once rather than a specialist to follow into it. (don't) Waste Water scores its water commitment One-Off, the lowest tier, reflecting that lone name and no water deal since 2019. The open question is whether the newer impact and emerging-tech funds pull Yabeo back toward water, or whether TAPP Water stays a one-time experiment.
Water Commitment Score
Compiled from official filings, third-party records, and direct intelligence from investors and founders, in Leviathan · recomputed monthly · as of Jun 2026.
How they invest
Portfolio · 1 water companies
Frequently asked
- What does Yabeo invest in?
- Yabeo is a generalist German venture firm backing early-stage companies in fintech, health tech, insurtech, deep tech, and impact. It runs separate venture, emerging-tech, impact, and real-estate funds, so water shows up only occasionally, inside its broader sustainability and impact mandate rather than as a core focus.
- Does Yabeo invest in water?
- Yabeo invests in water only lightly. The Leviathan database tracks one water company, consumer filter maker TAPP Water, backed in a 2019 Series A with co-investor Bluewater. (don't) Waste Water rates Yabeo's water commitment One-Off, its lowest tier, with no further water deal recorded since.
- Who runs Yabeo?
- Yabeo was founded by Matthias Sohler, a former HypoVereinsbank COO and Xchanging Europe chief who started the firm after taking two companies public. Gerrit Seidel is a general partner and managing director, with investment managers such as Noemi Hipper rounding out the Munich-area team.
- Where is Yabeo based?
- Yabeo, also styled yabeo Capital, is based in Pullach im Isartal, a town just south of Munich in Bavaria, Germany. Founded around 2011, the firm manages roughly 250 million dollars across its venture, emerging-tech, impact, and real-estate funds.