Led · Seed · Oct 2025

Powerhouse began as a billing solution for senior residences and has expanded into a full-stack operating system for service-oriented residential operators. Built entirely on Salesforce, the platform automates back-office workflows, integrates payments and compliance, and offers a white-label tenant app that handles building access, rent payments, maintenance requests, and community communication. Today, the software manages more than 10,000 units in Europe and serves over 3,000 active student tenants. Management aims to grow the footprint to over 100,000 units in the coming years by deepening AI-driven automation and expanding into additional European markets. Operators using Powerhouse can run branded living spaces with the efficiency of modern hospitality while improving resident experience. The company is now layering AI across its suite to digitize workflows, reduce manual processes, and boost operational performance. Revenue, profitability figures, and exact user counts beyond the stated metrics were not disclosed.

Participated · Equity · Aug 2025

Bisly offers a cloud-based, AI-powered smart building automation platform that combines integrated hardware and software with a patented digital twin to continuously optimise building performance. Its platform simplifies sales, installation, and setup, can cut costs by up to 50% versus conventional systems, and is compatible with third-party devices to avoid vendor lock-in. The system manages energy use and indoor environments for new and existing residential and commercial properties and includes centralised configuration, digital-twin diagnostics, AI-powered BMS, and reporting tools for developers and property managers. Bisly operates across Estonia, the UK, Germany, and Poland and already leads the Estonian market, with its automation systems installed in the majority of new residential apartments sold in 2024. The company plans to expand in the DACH region and the UK, open a full office in Warsaw, expand technical and commercial support on the ground, and launch a wireless product line for retrofitting existing buildings. Bisly works through a growing network of partners including Endover, Liven, Crown Estate, Bonava, Pro Kapital, Reterra, Hansab, Onninen and One-Gruppe. Financially, the company tripled its core revenue last year and is on course for similar growth in 2025. According to Bisly, each tonne of CO₂ avoided using its technology can be up to six times more cost-effective than achieving the same reduction through transport electrification. Bisly provides smart construction and building automation solutions that combine custom hardware components with an open software platform. The company manufactures hardware that integrates with different brands to avoid vendor lock-in and complements its Single Cloud Platform. Its software includes a patented digital twins system created from a building’s floor plans and specifications to accelerate setup, continuously track consumption, and optimise efficiency. Bisly says this combination addresses scalability, cost, and integration issues in smart buildings and improves energy conservation and financial savings over time. The company has appointed Ants Vill as CEO. Bisly raised €6.2M in a Series A and intends to use the funds to roll out its scalable smart system across Europe, with particular focus on Germany and the United Kingdom where it has opened offices and begun courting high-profile partnerships. Bisly builds smart construction solutions and manufactures custom hardware components, including specially-developed sensors that install quickly. Its open software platform uses bank-grade encryption and open-standard technology to enable scalability, adaptability, and reduced total project costs. The company emphasizes customization and integration so projects are tailored to client needs. Led by CEO Siim Vips, Bisly combines hardware and software to deliver building-automation systems. The firm intends to widen market engagement across Europe, with emphasis on the Nordics, DACH region, and the UK. In its founding market of Estonia, Bisly captured over 25% of the total building-automation market in less than five years. Bisly develops intelligent building technology — controllers and automation software — to improve energy efficiency in residential and office buildings. Its system can make energy consumption up to twice as efficient, with claims of saving up to 50% of housing energy use while maintaining air quality and intelligent lighting. Founded in 2018 in Estonia, Bisly has installed more than 20,000 controllers domestically, executing over 500,000 automated decisions every day. The company has raised €1.7 million to fund an aggressive European expansion and has received €700K from Enterprise Estonia’s Green ICT programme. Investors include angel backers, real estate sector investors, EfTEN Capital and the creators of Pipedrive. Bisly plans to establish a German subsidiary and enter Germany, Scandinavia, Austria, Switzerland and pursue pilot projects in Asia.

Participated · Equity · Jul 2025

NineID (Nine Engineering BV), founded in 2020 by Roy Jeunen and Frederik Keysers in Ghent, Belgium, offers a digital platform to help companies manage external contractors efficiently and securely. The platform centralizes identity verification, safety certificate management, digital briefings, audit logs, and timed access permissions. It is used by more than forty multinationals, including BASF, Alpro, and Pfizer, and supports over 87,000 users and more than 10,000 contractors. The company will use the funds to strengthen its presence across the European market. NineID raised €3.5 million in the funding round announced in July 2025. The round was led by Pitchdrive with participation from returning investor Entourage and investment firm Aconterra. NineID offers a SaaS platform that centralizes user identification, certificates, and training documentation to make records easily accessible for audits. The company also supplies hardware for on-site access management, supporting QR codes, smartphone scans, and facial recognition. Customers include World Forum The Hague, PSA, A.S. Watson, Alpro and dozens of other multinationals. NineID recently opened a New York office as part of its international expansion. The company intends to use the seed funding to accelerate internationalization and product expansion. NineID was founded by Roy Jeunen and Frederik Keysers and is based in Ghent, Belgium.

Participated · Series A · Jul 2023

nami is a Singapore-based multi-sensing platform and ecosystem enabler for the Internet of Things industry. It offers a full-stack platform that ingests raw sensor data, augments it into actionable metadata, and uses that data to trigger automation across IoT environments, enabling presence, motion and situation-aware services. Over the past two years nami has developed a platform for software-based sensing applications, including sensing topologies and associated intellectual property. The company targets deployments across residential and commercial buildings and plans geographic expansion to three continents. nami says it will use the $10.5M Series A financing to expand its team and its geographical presence to deploy its digital sensing infrastructure. The company was co-founded by Jean-Eudes and Jérôme Leroy; investors in the round include Verizon Ventures, Amavi Capital, INSPiRE and Aconterra.

Led · Series A · Jan 2023

Chainels builds a digital tenant-experience app for real estate firms that creates holistic residential communities through app-led local activities, a networking directory and resident discussion forums. The platform includes owner-facing features such as direct messaging and embedded real estate metrics, and enables arranging tenant perks like cleaning and gym memberships. Launched nearly ten years ago and based in Rotterdam, Chainels operates in 16 European markets and has also launched in Latin America. It supports about 400 tenant communities and has helped digitise portfolios for Amvest and Multi Corporation. Chainels is expanding the platform beyond real estate into the travel sector through partnership deals with Vienna AirportCity and a supplier for Dutch national railways. The company recently completed a close-to-€3 million fundraising round from Belgian investors to support this expansion.