Backtrace Capital Closes First €30M Fund Using Papermark
A new thesis-driven venture firm reshaping European tech infrastructure
Backtrace Capital is a thesis-driven venture capital firm founded by Dominik Tobschall and Michael Münnix, focusing on the building blocks of tech infrastructure. With their first fund of €30M, they're addressing the misconception of sovereign digital tech infrastructure in Europe.
- Focus on innovative infrastructure, not European copycats
- Pre-seed & seed investments in tech infrastructure
- Supporting founders who leverage Europe's potential to build global companies
- Specialization in below-Application Layer technologies
Their investment thesis centers on the picks and shovels required to build, run, deploy, observe, maintain, and secure modern products. While these infrastructure companies might not have the same halo effect as B2B SaaS or Deep Tech superstars, they become increasingly valuable and sticky once integrated into tech stacks.
Papermark features which Backtrace team find most valuable for fundraising 🚀
Document Versions
Keep track of pitch deck versions with a single link
Custom Domains
Share documents using Backtrace's branded domain
Smart Links
Create trackable links for each LP and investor
Webhooks
Get real-time notifications about document activity
Security Controls
Granular access control for confidential documents
