The Munich-based startup Sub Capitals has found a buyer: the shareholders of Orca Capital AG are taking over the company 100 percent. For the startup, this step not only marks the end of a precautionary insolvency filing, but also opens up new perspectives for the future.
Sub Capitals withdraws precautionary insolvency filing
In May, Sub Capitals unexpectedly filed for insolvency. At the end of August, the startup announced that it had found an investor in the Orca Capital shareholders who would take over the business and ensure continued technological development. With this, the Munich-based startup is withdrawing its insolvency filing and refocusing on its core operations.
From the very beginning, Sub Capitals has focused on the use of artificial intelligence (AI) in stock market trading. The team was convinced that AI would fundamentally change trading. However, financing proved to be a hurdle in the challenging market environment: long sales cycles in the B2B sector pushed the company to its limits. This is why the founders deliberately searched for a strategic partner who shared their vision and could secure continued development financially. Co-founder Marius Siegert explains:
“With the shareholders behind Orca Capital AG, we have found a strong strategic partner: Orca was not only our first customer, but also our second-largest investor – a relationship built on trust with a clear shared vision. We are pleased to have found a sustainable solution for Sub Capitals and look forward to writing the next chapter together.”
Focus on technology and business operations
The new owners are banking on the technology developed by the startup. Going forward, the company will work more closely with selected reference customers, including Orca Capital. Since 2024, the Munich-based startup has already supported around 15 financial institutions across five countries with custom AI models for risk management. Christoph Dichtl, one of the Orca shareholders and new managing director of Sub Capitals, says:
“Sub Capitals has a unique technology and data foundation that we now want to develop strategically. This creates a solid foundation for us to successfully tackle the next steps for Sub Capitals.”
Co-founders Marius Siegert and Marc Schmid remain with the company and will continue to work on implementing the growth strategy. Franz Liebermann, also a co-founder, will focus on other projects in the future. No details about the financial terms of the acquisition have been disclosed.
