Participated · Seed · Jul 2026

Founded in 2019, Lissi develops software and a connector suite that enables integration of EUDI Wallets and verifiable credentials into digital services. The company focuses primarily on the financial sector—banks, insurers, payment service providers and trust service providers—making up about 90% of its customer base and including clients such as Commerzbank and itsme. Lissi's platform is designed to be eIDAS-compliant, interoperable across public and private wallets, and deployable within existing IT environments so customers retain control over data. The firm emphasizes support for regulatory compliance, including anticipated impacts from the EU Anti-Money Laundering Regulation, and aims to enable Open Finance use cases via identity wallets. The recent €3.5M financing is intended to accelerate product development, platform deployment and wider adoption across Europe.

Led · Seed · Sep 2023

Penny Black is a London-based startup that provides a marketing SaaS platform enabling ecommerce brands to personalise the unboxing experience. Led by CEO Douglas Franklin, the company's technology lets ecommerce marketers create personalised campaigns and flyers that are added to orders during the pick-and-pack process to retain customers and increase CLTV. The product focuses on turning drab ecommerce packages into rewarding, personalised moments to build loyalty. Penny Black's tool is already being deployed across Europe by global fulfilment providers such as Radial, Elanders, I-Fulfilment and Schroeders. The company raised £1.5M in Seed funding and intends to use the funds to expand operations and broaden its business reach. Penny Black provides a software platform that connects ecommerce stores, marketing tools and fulfilment operations to deliver personalised experiences at the moment customers open their ecommerce packages. The company’s marketing platform and print technology help ecommerce marketers create personalised campaigns and flyers that can be added to orders during the pick-and-pack process. Penny Black was incubated in AGFA’s innovation lab and launched independently in the UK and Europe in April 2022. It has partnered with consumer brands including PAUL VALENTINE, Bird & Blend and the Modern Nursery. The company is led by CEO Douglas Franklin. Penny Black raised £1.3M in Seed funding to accelerate growth, expand operations and broaden its business reach.

Led · Series A · Apr 2023

MakerVerse operates an AI-powered on-demand manufacturing supply chain platform that connects industrial makers with a network of certified producers. The company launched its platform in early 2022 into the German market and since has grown its customer base across Europe and further afield. MakerVerse offers a one-stop shop for advanced manufacturing technologies and materials and provides end-to-end production order support. With the new funding, the company plans to expand its technologies and materials offerings and to deepen integration of the platform into customers' existing systems. It will also expand support to create complete manufacturing plans, provide expert guidance, and execute entire projects for customers. The company raised new capital in the current financing round to scale these capabilities.

Led · Equity · Jun 2022

Heylog provides an intuitive platform that integrates popular messenger services such as WhatsApp, Facebook Messenger and Viber to keep dispatchers and drivers connected while maintaining European data-protection compliance. The service stores all data in Europe and lets dispatchers centrally manage communications, orders and document exchange without requiring installation or integration. Messages are automatically translated into the driver’s language to streamline operations across borders. Heylog positions itself to make widely used consumer messaging apps fit for the logistics sector, improving structure and efficiency in daily transport and freight-forwarding workflows. The company says its approach can reduce costs for freight forwarders by eliminating the need for bespoke integrations. Heylog was founded in 2022 and is based in Vienna.