Adara Ventures
15 Boulevard F.W. Raiffeisen, Luxembourg, L-2411
Overview
Adara Ventures invests in ambitious businesses, partnering with founders with the capacity, courage, and vision to execute. In the last 18 years, the firm has invested in 43 companies and manages €200m. Focused on early-stage companies and with a European footprint, Adara’s portfolio includes companies dedicated to cybersecurity, data applications and infrastructure, DevOps, hardware components, digital health, and the energy transition. For more information, visit www.adara.vc
- Total investments
- 60
- Lead investments
- 28
- Investments · 12mo
- 8
- Active investors
- 8
Sector focus
- Big Data
- Energy
- Information Technology
- SaaS
- Software
- Venture Capital
Investment portfolio
- SatVu
Participated · Equity · Feb 2026
SatVu is a UK-based thermal Earth-observation company that captures 3.5-metre resolution infrared imagery day and night to provide intelligence on buildings, industrial sites, and other strategic assets. Its data helps government, defence, and industrial customers detect heat signatures linked to operational changes, assess readiness, and monitor climate-related emissions. The company currently operates a single demonstration satellite but is transitioning to a multi-satellite constellation; two new satellites are slated for launch in 2026 and a further three are already under contract. This expanded fleet will boost revisit frequency, enabling near-continuous monitoring of global activity. Beyond defence, SatVu’s imagery supports sectors such as steel, cement, data centres, oil & gas, and solar energy. Following the latest raise, SatVu has secured £60 million in total equity funding to date, providing capital for constellation build-out and commercial scaling.
- AppFactor
Participated · Seed · Feb 2026
AppFactor delivers an agentic orchestration platform that automates the ongoing maintenance and modernization of complex enterprise applications. Operating through a network of specialized AI agents, the system continuously discovers running workloads, pinpoints vulnerabilities, performs bug fixes, and executes dependency updates without human intervention. Its dynamic discovery engine maps the entire application topology—repositories, dependencies, infrastructure, and runtime behavior—so autonomous actions remain fully contextualized and auditable via standard pull-request workflows. A standout capability is autonomous code regeneration into Rust, enabling organizations to migrate legacy COBOL or compute-heavy workloads for improved performance, lower costs, and stronger security. Large enterprises are already using the product to shrink modernization timelines and adopt cloud-native patterns such as serverless compute and managed databases. The company targets the estimated $1.5 trillion technical-debt backlog across sectors like financial services, healthcare, retail, and manufacturing. Fresh funding will deepen the platform’s autonomous refactoring features and fuel go-to-market expansion. The announcement did not disclose any revenue, user, or profitability metrics.
- Articul8
Led · Series B · Jan 2026
Articul8 delivers a vertically integrated enterprise AI platform purpose-built for industrial data and mission-critical operations, combining Data Perception for multimodal data intelligence, AgentMesh for multi-AI agent reasoning and orchestration, and a library of domain-specific GenAI models. Its Data Perception product connects directly to more than 25 enterprise and operational systems (including SCADA, data historians, PLM, ERP, engineering drawings, sensor feeds, and maintenance systems) to create a unified knowledge graph without requiring data movement. AgentMesh coordinates multiple AI agents at runtime to support engineering workflows, root-cause diagnosis, compliance validation, and explainable, auditable actions. The platform is deployable across public, private, sovereign, and air-gapped environments and is SOC 2 Type II certified and available through AWS, Microsoft Azure, Google Cloud Platform, and Databricks marketplaces. Articul8 reports production-scale model performance advantages on industrial tasks (for example, 96.9% entity-extraction accuracy versus 71% for GPT-5 and substantially higher precision/recall on single-line diagram component detection), serves customers across energy, manufacturing, semiconductors, aerospace, financial services, and telecommunications, and has accumulated more than $100 million in cumulative total contract value. Following the Series B strategic investment, the company expects an eight-figure increase in annual recurring revenue and plans to expand go-to-market efforts and continue building domain-specific models for regulated and asset-intensive industries.
- Wodan AI
Led · Seed · Dec 2025
Wodan AI is a European startup building a platform that applies homomorphic encryption so that artificial intelligence models can operate on data without ever decrypting it. This approach is designed to meet the EU’s strict privacy, security, and digital-sovereignty requirements, making it attractive to sectors such as finance, defence, healthcare, and critical infrastructure. The company is relocating its global headquarters and consolidating its R&D team in Madrid to tap Spain’s technical talent pool and create a hub for secure AI. Current development focuses on extending the platform to encrypted computer-vision and large-language-model workloads, enabling large organisations to analyse sensitive data safely. Early validation is under way through a pilot with a Spanish financial institution. Proceeds from its recent financing will fund R&D hiring, accelerate the technical roadmap, and expand commercial capacity across Europe. To date, Wodan AI has raised €2 million in external capital; no additional operating metrics were disclosed.
- Kimera Technologies
Led · Seed · Dec 2025
Kimera Technologies is a Valencia-based SaaS company that offers an AI search and recommendation engine capable of understanding natural language, product images and shopping context to deliver highly relevant results. Its hybrid architecture blends state-of-the-art language models with visual AI, enabling conversational interactions such as refining dress choices for a wedding or recommending fragrance-free serums for sensitive skin. The solution plugs into major e-commerce platforms like Shopify, Magento, PrestaShop and LogiCommerce, eliminating the need for retailers to build in-house AI capabilities. Kimera already serves more than 40 clients in fashion, home, cosmetics and food, including Base, Kibuc, Suavinex, Perfumerías Julia and Kelme, where A/B tests show notable increases in search conversions and sales. The company intends to use newly raised capital to launch a fully conversational AI search product and expand into additional European markets and Latin America. Its latest seed financing brings total funding to just over €2 million, supplemented by public financing lines.