Investigations

August 14, 2023

Founder of VC firm DN Capital accused of sexual harassment by former employees — allegations he denies

The firm has opened an independent inquiry into the allegations against Nenad Marovac


Tim Smith and Freya Pratty

12 min read

In 2021, German startup Auto1 listed on the Frankfurt Stock Exchange at a €10.6bn valuation, making a 25x return for one of its earliest investors, European VC firm DN Capital. That deal catapulted DN founding partner Nenad Marovac onto the 2022 edition of the coveted Forbes Midas List Europe, a ranking of the continent’s most successful VC investors. The same year, DN was named VC House of the Year at the 2022 Private Equity Awards and Marovac was shortlisted for Investor of the Year at the 2022 Investor Allstars Awards.

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Tim Smith

Tim Smith was news editor at Sifted. He covered deeptech and AI, and produced Startup Europe — The Sifted Podcast . Follow him on X and LinkedIn

Freya Pratty

Freya Pratty is Sifted's associate editor. She covers UK tech and leads Sifted's investigations. Follow her on X , LinkedIn and Bluesky

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