Picus Capital is an early-stage technology investment firm founded in 2015 and based in Munich, Germany. The firm operates with a permanent evergreen capital structure, enabling long-term partnerships with exceptional founders across multiple global offices including Berlin, London, New York, and Singapore. Picus Capital has built a portfolio of over 200 companies and achieved an annual internal rate of return exceeding 40%, with notable exits including six unicorns and multiple acquisitions. Picus Capital has demonstrated significant investment activity in Africa, particularly in Nigeria, where it has backed health tech and fintech companies. The firm invests at Pre-Seed, Seed, and Series A stages, with typical check sizes ranging from $400,000 to $3 million. In Africa, Picus Capital has invested in companies including Reliance Health, a provider of employee health plans with telemedicine services, and Sudo, a fintech platform offering developer-first payment APIs. The firm's sector focus spans energy and climate, fintech, enterprise infrastructure, cybersecurity, generative AI, and healthcare, with a commitment to building category leaders through active operational support.