We write the first check, then build the financing to scale it. Elaine Capital backs asset-heavy founders at pre-seed and structures the capital — €6bn+ and counting — that takes them through the funding gap.
Conviction capital and financing engineering, working as one. Four moves designed to carry an asset-heavy business across the funding gap and into category leadership.
Day One. Pre-Seed. We invest with conviction in founders attacking vast, capital-intensive markets — the asset-heavy opportunities most venture firms screen out and infrastructure capital sees as too early.
As you mature, we architect the financing that bridges the gap — segregated SPVs that move the assets off the operating balance sheet, the model that has helped us structure €6bn+ into asset-heavy businesses.
We work as hands-on, long-term partners — bringing the lender network, capital-markets relationships and the judgment that has structured billions in asset financing.
With a hyper capital-efficient, asset-light structure in place, asset-heavy businesses compound at venture speed. The physical scales — without the balance sheet holding it back.
Everyone wants to fund the future. Almost no one will finance what it's built on.— The Elaine Capital View
Asset-heavy models that decarbonize how we generate power and move people and goods — infrastructure built for scale, financed for speed.
Founder-led businesses where physical assets are essential to delivering the product — and where the right capital structure becomes a durable competitive advantage.
First-of-a-Kind, asset-heavy businesses past early-stage venture but not yet ready for institutional infrastructure capital — where smart structuring unlocks the next order of magnitude.
Headquartered in Germany; investing across German-speaking Europe with a selective international remit.
If you're a founder or operator building an asset-heavy company on the foundations of the real economy — and capital structure is the thing standing between you and scale — we should talk.
info@elainecapital.com →