Participated · Equity · Oct 2025

Founded in early 2024 in Amstetten (Lower Austria), 2ndCycle is developing a fully automated industrial plant that can upcycle and recycle used photovoltaic modules. While the full system is still under development, the company is already monetising parts of its technology by offering large-scale, automated testing services for PV panels at cost-efficient price points. These services have attracted notable customers such as the utility EVN, for whom 2ndCycle recently inspected the flood-damaged Dürnrohr solar park. Management reports that product development is proceeding according to plan and that initial revenues are already being booked. The fresh capital from the latest financing will be directed toward further development and expansion of the existing reuse and recycling facility in Amstetten. By combining recycling, reuse, and quality-testing capabilities, 2ndCycle aims to position itself as a technology leader in the rapidly growing secondary market for solar modules.

Led · Seed · Sep 2025

mypaperwork is a digital platform that streamlines residence and work-permit applications, launched commercially in April 2025 with the RWR+ Card Application Assistant. The product was created to help more than 80,000 Ukrainians in Austria apply for the RWR+ residence card and the platform has since expanded to cover the Red-White-Red Card, the EU Blue Card, and student visas. Early traction shows every application submitted by Ukrainians through the platform has been approved, a 100% success rate to date. The company positions itself as a data-driven, transparent backbone for migration infrastructure serving governments, employers, and migrants. With new funding, the team plans to expand capabilities and broaden the product offering, preparing for market entry into the Czech Republic in Q4 2025 and further European markets in 2026.