Founded in 2011 in Germany, Betafabrik is a venture capital firm that focuses on developing and establishing new startups in the consumer and mobile internet sectors. They invest in startups that are less than a year old and have no specific preference for founders. Some of their successful portfolio startups include GreenPocket and First Circle. Betafabrik invests in rounds with 1-2 participants and has received funding from sponsors like KfW and Intelligent Venture Capital. They typically engage in less than 2 deals per year, with investments ranging from $1-5 million. In 2016, Betafabrik had a higher exit rate compared to other organizations, indicating their success in preparing startups for attractive exit opportunities.