Participated · Equity · Sep 2022

SunRoof designs and sells building-integrated photovoltaic (BIPV) roofs that serve as both the roof material and solar collector. The company says its solar roofs are more productive per roof surface, have a lower CO2 footprint, and use fewer resources and materials than traditional roof-plus-PV installations. SunRoof provides an end-to-end energy management offering, including collection and storage capabilities. Unlike many Berlin-based panel-rental startups, SunRoof is a pure sell business and says its pricing is competitive and cheaper than a roof plus photovoltaic installation. The company intends to use new funding to bolster sales and production in its key markets of Sweden, Germany, and Poland. CEO and co-founder Lech Kaniuk frames the business as contributing to urgent energy transition and future clean energy infrastructure. SunRoof develops integrated 2‑in‑1 solar roofs and glass façades that generate electricity without traditional photovoltaic modules and are monitored via its energy app. The company acquired Redlogger in 2020 and plans to use its network of solar homes to create a virtual power plant and energy marketplace. SunRoof has grown more than 500% year‑on‑year and says it is on track for a €100M valuation by the end of 2021. The startup will use new funding to expand into Sweden, Germany, Poland, Switzerland, Italy, Spain and pilot projects in the US, and to hire 100+ people in 2021. It is working with the EU Green Deal and Poland’s National Recovery Plan and has begun accepting Bitcoin as a payment option. Founded in 2013 by Karol Kaniuk, Lech Kaniuk, Marek Zmysłowski and Rafał Plutecki, SunRoof aims to compete with incumbents such as Tesla Energy by emphasizing partnerships and an open ecosystem. SunRoof develops integrated solar two-in-one roofs and accompanying software for smart energy management. The company aims to replace traditional roofs with a modern-design solar roof that produces electricity without installing separate photovoltaic panels. It plans to launch an ecommerce platform to sell surplus energy generated by its panels, starting in the Polish market, and to expand into new European markets. SunRoof completed its first VC financing — a nearly €2 million late seed round — and investors say the company has strong regional potential. In August the startup acquired Redlogger, a Swedish firm that developed hardware and software to support renewable energy producers. Founded in Sweden in 2013, SunRoof spent its early years building and testing proprietary technology and gained momentum in late 2018 after adding seasoned entrepreneurs to the team.

Led · Seed · Jan 2021

Intiaro builds photorealistic 3D visualizations of furniture and integrates augmented reality into customer-facing products. The company uses gaming hardware to render detailed models that capture geometry, texture, ray tracing and other surface nuances for high-end clients. Its AR-enabled offerings include the Ethan Allen inHome app and Lexington Home Brands' Design Pro, and it has partnered with Ethan Allen, Lexington and Norwalk Furniture as part of U.S. expansion. Intiaro has raised $4.1M in seed funding and was the Vestbee Scaleup Challenge 2020 winner. CEO Paweł Ciach says AR is an essential and growing part of the business as the technology becomes more central to commerce. Lead investor Alfabeat (Bartosz Lipnicki) describes Intiaro as positioned to become an industry standard for furniture brands and interior designers.

Led · Equity · Apr 2019

Monetizr is a mobile games advertising platform that works at the intersection of gamers, publishers, and brands to deliver immersive brand experiences within gameplay. The platform enables brand managers to buy scalable, cost-effective ads across a data-driven consumer engagement system while helping publishers monetize games through a new class of in-game ad assets. It focuses on game-enriching experiences that provide repeated and varied storytelling opportunities rather than background decorations. On the backend, its SDK delivers anonymous consumer behavioral data that the company says is critical given upcoming Apple privacy changes affecting cookies and in-app data. Monetizr already works with major CPG brands like Procter & Gamble and game developers such as Voodoo. After raising $4M, the company plans to expand sales teams in North America and strengthen technical and product development hiring in its development hubs. Monetizr provides a platform that lets game publishers sell high-quality, game‑associated products in‑game and reward players for time spent and points earned. The company says its tools can increase ARPU by up to 25% by driving player attention and purchases of limited items. Brands can use Monetizr to reach targeted user groups with tailored advertising profiled by interests, location, purchase history and in‑game behaviors. The company plans to develop an API that uses machine learning to measure player engagement and identify emotional "driving factors" to boost conversion rates. Monetizr also intends to introduce a blockchain‑based universal currency allowing players to earn tokens for time, skills and money in one game and spend them in another. The company is San Francisco–based and was founded in Latvia by Andris Merkulovs (CEO) and Martins Bratuskins (COO).

Led · Equity · Jan 2019

RoboCamp develops online textbooks that enable teachers without specialist preparation to teach robotics and programming, primarily aimed at primary and secondary schools. The company’s services are also used by museums, libraries and other educational organizations. RoboCamp reports 50,000 students use its courses per year. Founded in 2006 by Wojciech Syrocki and based in Gdańsk, Poland, the company plans to develop a mobile e‑learning platform and a graphical language for that platform. It intends to implement new functionalities to individualize teaching, enlarge its course portfolio and expand into German, French and Spanish‑speaking markets. The recent funding will support those product and geographic expansion plans.