Early-stage capital, bridging the Eurasian continent.

Steppe Ventures backs B2B software founders at pre-seed and seed. Alongside the investing, we help Asian founders build a European base in the Netherlands, and advise European startups heading into Asia.

Read the thesis See the launchpad

Long before the Silk Road had a name, the steppe was the route between China and Europe.

What we invest in

One cheque, early, against a written thesis. If your company fits, send us the deck.

Stage: Pre-seed and seed
Ticket: €20–75k, one cheque
Model: B2B and B2B2C software
Sectors: Future of Work · FinTech · MarTech
Geography: Europe first · Benelux in front

The full thesis Send a pitch

Between Asia and Europe

Practical help for founders crossing in either direction: Asian founders building in Europe, and European startups heading to Asia.

Asia → Europe · Route 1

Start here

For founders who want to build a new company in the Netherlands from the ground up.

Asia → Europe · Route 2

Expand here

For Asian startups with a working business that want Europe as their next market.

Europe → Asia

Heading east

For European startups considering Asia as their next market.

The launchpad

Selected portfolio

Barter
Creator-marketing company running a self-serve creator marketplace alongside managed campaigns for brands and agencies.
Makea
Production operating system for small-batch fashion, connecting independent brands with Chinese factories: supplier matching, sampling, quality control and fulfilment.

Portfolio

Latest writing

5 October 2026

AI is infrastructure. The moat is everything else.

Why the question we ask every founder is what the product would be worth without the AI layer.

All writing

Raising a round, or crossing between Asia and Europe?

Tell us who you are and what you are working on. We read everything.

Get in touch