Start-up investments. Professionally curated.
Get access to Venture Capital, professionally managed for you.
Redstone
Venture Capital
With a target return of 15 % p.a.
Access to the private market
Invest from 1€ in products that were previously inaccessible to you — via a savings plan or one-time investment.
Leading fund managers
The fund is managed by Redstone with decades of venture capital expertise.
Top rating on Trustpilot and App Store
Invest safely
Your fund shares are held in Baader Bank's special fund.
partners
Get access to Venture Capital, professionally managed for you.
With NAO, you get access to Redstone's Venture Capital portfolio from €1.
What is Venture Capital?
Venture Capital means investing in young, innovative companies before they become big and well-known. Startups such as Airbnb, Spotify or BioNTech received capital from Venture Capital investors in their early phase — long before they went public.Why is that exciting? Because you can be there right from the start — where there is the greatest potential for growth.
Investing
Our Venture Capital fund.
Venture Capital
Redstone - Venture Capital
With the Redstone Venture Capital Fund, you invest in a broadly diversified portfolio of young, innovative growth companies. Classic Venture Capital is available to you for the first time.
16% p.a.
Target return
Target returnThe target return is based on fund management assumptions. It is not a promise and is not a reliable forecast of future results.7 years
Lock-up period
Lock-up deadlineThe minimum holding period during which you cannot sell your shares. This gives fund managers the necessary planning security for long-term investments. After this period, you can usually return your shares.Medium risk
Medium riskAssessment of the risk profile based on the investment strategy and the volatility of comparable investments. Private markets are subject to market, liquidity and corporate risks.
portfolio
Invest in leading tech companies.
Here you can find example investments from asset manager Redstone.
EXIT
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ACTIVE
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Exit
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Customer Testimonials
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Thousands of investors trust NAO. Here’s what they have to say.
More about the product
as a strong manager.
12 years of investing in tomorrow's market leaders.
100+
carefully selected investments
12 years
Experience as a venture capital investor
8 sectors
ensure broad diversification
This is how Redstone invests your money — broadly and diversifies.
Redstone deliberately focuses on diversification - that is why your money is invested in all currently active and future funds. The investments are bundled through an umbrella fund. This allows you to achieve broad diversification with just one system. As a result, you benefit from a diverse portfolio that is broadly based across various regions and market phases.
FinTech III
Central investment area
B2B Finance Solutions
Green Financial Services
Lending Platforms
Wealth Management & Consumer Finance
Selected fund companies
Key facts
Region
europe
Fund circulation
05/2025
Investments
3
Health & Education I
Central investment area
Health
Education
Living
Selected fund companies
Key facts
Region
europe
Fund circulation
09/2022
Investments
10
DeepTech II
Central investment area
Advanced Energy & Materials
Artificial intelligence
Photonics & Electronics
Robotics
Connectivity
Beyond Moore's Law
Selected fund companies
Key facts
Region
europe
Fund circulation
07/2024
Investments
1
Alpine I
Central investment area
Food & Land Use
Climate & Energy
Hospitality
Automation
Key facts
Region
Europe
Fund circulation
11/2024
Investments
2
Future funds
Vintages
strategies
Investment team
Comment from the investment team.
About NAO
With NAO, you invest like the top 1%.
What was once reserved only for family offices and millionaires is now available to you: venture capital, private equity, infrastructure. Together with renowned partners, we open up this exclusive world for you. As easy as ETFs — from €1, transparent and digital.
11
partners
eight-digit
Assets under management
15
Curated funds
4.4/5
TrustPilot Rating
Ready to join the NAO community?
Start today with access to exclusive private markets. Start investing like a millionaire, starting at just €1.
Investment calculator
Simulate the potential development of your investment.
Disclaimer: Possible value development in various performance scenarios. Past performance, simulations, or forecasts are not a reliable indicator of future performance. Commissions, costs and fees can significantly influence the performance of investments in some cases. The costs and their effects on the performance of a financial instrument should therefore always be considered before making an investment decision. Source: NAO Research (2025); the underlying data is based on the key information document from the Hamilton Lane Private Market Access ELTIF Fund with ISIN LU3051916800.
Disclaimer: Possible value development in various performance scenarios. Past performance, simulations, or forecasts are not a reliable indicator of future performance. Commissions, costs and fees can significantly influence the performance of investments in some cases. The costs and their effects on the performance of a financial instrument should therefore always be considered before making an investment decision. Source: NAO Research (2025); the underlying data is based on the key information document for the product ARK ELTIF ICAV - Ark Private Innovation ELTIF with ISIN IE0007OY3DL2.
Disclaimer: Possible value development in various performance scenarios. Past performance, simulations, or forecasts are not a reliable indicator of future performance. Commissions, costs and fees can significantly influence the performance of investments in some cases. The costs and their effects on the performance of a financial instrument should therefore always be considered before making an investment decision. Source: NAO Research (2025); the underlying data is based on the key information document from Partners Group Private Markets Evergreen SICAV Partners Group Private Equity Opportunities with ISIN LU2716887091 and the Private Equity (Lux) Evergreen Secondary Fund product with ISIN LU2461279726.
Disclaimer: Possible value development in various performance scenarios. Past performance, simulations, or forecasts are not a reliable indicator of future performance. Commissions, costs and fees can significantly influence the performance of investments in some cases. The costs and their effects on the performance of a financial instrument should therefore always be considered before making an investment decision. Source: NAO Research (2025); the underlying data is based on the key information document for the product RGV - Redstone Global Venture ELTIF with ISIN LU2847069353.
Disclaimer: Possible value development in various performance scenarios. Past performance, simulations, or forecasts are not a reliable indicator of future performance. Commissions, costs and fees can significantly influence the performance of investments in some cases. The costs and their effects on the performance of a financial instrument should therefore always be considered before making an investment decision. Source: NAO Research (2025); the underlying data is based on the key information document from the product Muzinich European Private Credit ELTIF SICAV with ISIN LU3051947607.
Disclaimer: Possible value development in various performance scenarios. Past performance, simulations, or forecasts are not a reliable indicator of future performance. Commissions, costs and fees can significantly influence the performance of investments in some cases. The costs and their effects on the performance of a financial instrument should therefore always be considered before making an investment decision. Source: NAO Research (2025); the underlying data is based on the key information document from the product UBS (Lux) Private Markets - Infrastructure Opportunities Fund with ISIN LU2707658667.
In just 3 steps to your investment
- Download the app & register
Download the NAO app and register in just a few minutes - quickly and completely digitally.
- Top up your account
Pay your desired amount conveniently via bank transfer or SEPA direct debit.
- Investing
Choose a fund, enter your amount and invest directly in private markets.
“NAO democratizes long-term wealth creation and expands investment options.
Steffen Hetzel
C-Suite in Tech (lawpilots, bitly) | Angel Investor & Advisor
Why did the investment team choose Redstone?
VVenture Capital has historically been one of the most profitable asset classes. At the same time, it is one of the most demanding. Access to the right funds, strategies, and managers who know which sectors will shape the next few years is crucial. We work with Redstone for this area.
Redstone is one of the leading European Venture Capital platforms with over ten years of experience and an impressive track record. Instead of diversifying broadly across a number of industries with just one giant fund, the team invests through specialized sector funds, for example in FinTech, Health Tech, Deep Tech and Sustainability. As a result, Redstone, with the respective funds, has become a specialist in the sectors and has so far been able to achieve above-average returns through smaller fund sizes — which is common, as smaller funds usually outperform the larger ones. The selection of start-ups is based on SOFIA, the most comprehensive proprietary VC analysis platform in Europe, which covers over four million start-ups worldwide.
With the strategy of Redstone, the Global Venture ELTIF, investors invest in over 200 start-ups from more than eight specialized funds with just one investment. This is the necessary diversification that an investment for retail investors in the VC sector must bring.