The Venture Codex

Led · Series A · Mar 2026

Founded in 2023 and based in Munich, Tytan Technologies develops AI-guided interceptor drones to counter unmanned aerial systems and is expanding its portfolio into wider air-defense solutions. The company's products are already used in real operational scenarios and it holds existing military orders. With the newly raised Series A capital, Tytan intends to scale manufacturing, develop additional air-defense products, and grow its team. Management and advisory additions with industry experience have accompanied the company's scaling plans. Tytan aims to significantly boost production capacity by the end of 2026. The company is described as one of the fast-growing European "New Defense" companies with a clear scaling strategy.

Led · Series A · Feb 2026

Vienna-based Nyra Health has built myReha, an MDR Class IIa-certified software platform that lets patients train speech, cognition, fine motor skills, and everyday abilities with real-time, AI-generated feedback. The product is already deployed in more than 100 neurological clinics and is integrated into the German Pension Insurance’s standard care program, giving automatic reimbursement through 28 statutory and private insurers and theoretical access to over 40 million insured individuals. Proprietary speech models and continuous data collection let the system adapt therapy intensity and content to each patient’s performance, and a randomized controlled trial has shown significantly greater cognitive and language improvements versus standard care. Clinicians use Nyra Insights to monitor progress and adjust programs, while an AI Content Studio dynamically creates individualized therapy exercises. With ISO 13485 and ISO 27001 certifications and eleven peer-reviewed publications, the company positions itself as a clinically validated, data-driven leader in digital neurorehabilitation. Nyra Health plans to deepen integration with additional DACH clinic groups, expand reimbursement schemes across Germany, Austria, and Switzerland, and prepare a U.S. launch in partnership with an international pharmaceutical company. A separate €4.2 million research project with U.S. universities is advancing its multimodal AI models for therapeutic interaction and diagnostics.

Participated · Equity · Feb 2026

Founded in 2018, Lower Austria–based Aviloo has developed a hardware-, software- and analytics-driven system that delivers an objective assessment of an EV battery’s health in about three minutes and is compatible with more than 96 % of electric vehicles. The company serves over 750 customers across more than 30 countries, including dealer networks, fleet operators, leasing firms, testing societies and OEMs such as Hyundai and Mercedes-Benz. Its solution has become a de-facto standard for transparent battery certification, supporting a market that is expected to grow rapidly as the global EV fleet triples by 2030. Aviloo reports annual revenue growth of more than 100 % and is already active in Europe, Asia, Australia and the United States. The newly secured capital will fund accelerated international expansion—particularly in the U.S. and Asia—and fuel multiple product launches slated for 2026. Strategic leadership remains with CEO Marcus Berger and founders Nikolaus Mayerhofer and Wolfgang Berger, who retain significant ownership stakes. Investors believe the company’s resilient business model and clear technological differentiation position it well for global scale.

Led · Series B · Dec 2025

Assaia develops an artificial-intelligence platform that provides real-time visibility and automation across apron operations, helping airports, airlines and ground handlers shorten aircraft turnaround times and improve gate utilization. Its computer-vision system predicts issues and automates key processes, aiming to create safer, faster and more sustainable airport environments. The technology is already deployed at major hubs such as New York JFK, London Heathrow, Dubai International and Toronto Pearson, where it supports reduced delays and better on-time performance. With air-traffic volumes surpassing pre-pandemic levels and staffing remaining tight, the company addresses a critical need for intelligent automation in aviation. The newly announced funding will fuel global expansion and the rollout of additional AI-driven solutions, including the next-generation StandManager planning module that optimizes gate and stand assignments before aircraft land. Assaia’s business model centers on selling its AI platform to airports and airlines, and the fresh capital positions it to deepen penetration in high-volume, congestion-prone locations. While revenue and user numbers were not disclosed, the oversubscribed round underscores strong market demand for its offering.

Led · Equity · Oct 2025

Founded in 2020 by Sebastian Freund, Robert Hilmer and Michael Neuhauser, PartSpace has built a software platform that connects to existing IT systems and uses artificial intelligence to analyse millions of technical drawings and purchasing records. The product, PartSpace AI, uncovers savings potential by making market prices transparent and recommending concrete actions such as price negotiations, alternative suppliers or part standardisation. By digitising a procurement segment that has so far seen little innovation, the solution promises rapid, measurable cost reductions and greater transparency for industrial customers. The company’s latest €13 million financing gives it significant resources to refine its AI and accelerate expansion. The founders have retained majority ownership, signalling continued strategic control. Looking ahead, PartSpace plans to roll out its technology internationally and scale both customer acquisition and product capabilities. No specific revenue or user numbers were disclosed in the article.