Founded in 2014, Axel Springer Digital Ventures is a well-known venture capital firm based in Berlin, Germany. With a typical investment range of $10-50 million, the fund has a preference for startups valued at over $1 billion. Despite being based in Europe, the fund frequently invests in the United States. It has a track record of investing in successful startups such as Airbnb, Magic Leap, and dott. Leveraging the resources and network of Axel Springer Group, one of Europe's largest digital publishing houses, Axel Springer Digital Ventures aims to be a value-add partner to companies that complement or disrupt Axel Springer's business.